Taiwan Semiconductor Manufacturing Financial Ratios
NYSE: TSMTechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Taiwan Semiconductor Manufacturing ratio analysis
Taiwan Semiconductor Manufacturing earned a net margin of 40.0% in FY 2024, up from 39.4% a year earlier. Gross margin was 56.1% compared with a median of 51.6% over the prior 7 years. Return on equity reached 27.3%, meaning Taiwan Semiconductor Manufacturing generated 0.27 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.02 versus 0.00 the year before, and the current ratio was 2.36. At the end of FY 2024, TSM traded at 153.4 times earnings; across the 8 fiscal years shown, its year-end P/E ranged from 59.6 to 155.8, with a median of 111.7. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Taiwan Semiconductor Manufacturing financial ratios (annual)
| Ratio | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 153.39 | 97.20 | 59.59 | 146.72 | 155.77 | 126.22 | 76.02 | 88.11 |
| Price / sales | 61.28 | 38.20 | 26.22 | 54.52 | 59.28 | 42.08 | 26.91 | 31.18 |
| Price / book | 41.79 | 24.08 | 20.45 | 40.26 | 43.27 | 27.90 | 16.72 | 20.40 |
| Gross margin | 56.1% | 54.4% | 59.6% | 51.6% | 53.1% | 46.0% | 48.3% | 50.6% |
| Operating margin | 45.7% | 42.6% | 49.5% | 40.9% | 42.3% | 34.8% | 37.2% | 39.4% |
| Net margin | 40.0% | 39.4% | 43.9% | 37.3% | 38.1% | 33.1% | 35.2% | 35.3% |
| Free cash flow margin | 30.1% | 13.5% | 23.3% | 17.2% | 23.6% | 14.5% | 25.0% | 26.1% |
| Return on equity (ROE) | 27.3% | 24.8% | 34.2% | 27.6% | 27.8% | 21.9% | 21.9% | 23.1% |
| Return on assets (ROA) | 17.3% | 15.4% | 20.0% | 15.9% | 18.5% | 15.6% | 17.4% | 17.3% |
| Debt / equity | 0.02 | 0.00 | 0.01 | 0.06 | 0.05 | 0.09 | 0.07 | 0.08 |
| Current ratio | 2.36 | 2.33 | 2.08 | 2.12 | 1.73 | 1.37 | 2.67 | 2.22 |
| Revenue growth | 25.0% | -4.2% | 28.7% | 20.0% | 33.3% | 6.2% | 2.2% | — |
| EPS growth | 27.1% | -14.4% | 52.4% | 17.1% | 52.2% | 0.0% | 2.2% | — |