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TSMC
(NYSE:TSM)
TSMC (TSM) vs. SPDR S&P 500 ETF (SPY)
TSMC Business Overview & Revenue Model
TSMC Key Performance Indicators (KPIs)
Breaks down revenue by technology type, providing insight into which innovations are most profitable and where the company might invest in further development.
Main Street DataTSMC Earnings Call Summary
TSMC Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.63T | 2.89T | 2.16T | 2.26T | 1.59T | 1.34T |
| Gross Profit | 2.14T | 1.62T | 1.18T | 1.35T | 819.54B | 711.13B |
| EBITDA | 2.71T | 1.98T | 1.52T | 1.59T | 1.09T | 918.55B |
| Net Income | 1.57T | 1.16T | 851.74B | 992.92B | 592.36B | 510.74B |
Balance Sheet | ||||||
| Total Assets | 7.35T | 6.69T | 5.53T | 4.96T | 3.73T | 2.76T |
| Cash, Cash Equivalents and Short-Term Investments | 2.75T | 2.49T | 1.71T | 1.59T | 1.20T | 799.89B |
| Total Debt | 956.66B | 1.05T | 956.26B | 888.17B | 753.63B | 367.79B |
| Total Liabilities | 2.32T | 2.41T | 2.08T | 2.05T | 1.57T | 924.84B |
| Stockholders Equity | 5.00T | 4.24T | 3.43T | 2.90T | 2.15T | 1.83T |
Cash Flow | ||||||
| Free Cash Flow | 889.87B | 870.17B | 286.57B | 520.97B | 262.72B | 301.19B |
| Operating Cash Flow | 2.17T | 1.83T | 1.24T | 1.61T | 1.11T | 822.67B |
| Investing Cash Flow | -1.09T | -864.84B | -906.12B | -1.19T | -836.37B | -505.78B |
| Financing Cash Flow | -433.39B | -346.30B | -204.89B | -200.24B | 136.61B | -88.62B |
TSMC Technical Analysis
TSMC Risk Analysis
TSMC Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | $1.22T | 30.10 | 34.89% | 1.01% | 39.73% | ― | |
81 Outperform | $399.61B | 39.05 | 51.72% | 0.69% | 24.91% | 39.95% | |
80 Outperform | $415.98B | 117.48 | 5.32% | ― | 31.83% | 80.45% | |
77 Outperform | $186.04B | 27.84 | 35.64% | 0.75% | 6.70% | -5.95% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | $173.92B | 3,597.17 | 0.19% | ― | -1.49% | ― | |
58 Neutral | $19.70B | ― | -1.01% | ― | -0.65% | -114.26% |
TSMC Corporate Events
On October 23, 2025, TSMC reported several significant changes and activities for September 2025, including alterations in the shareholdings of its board members and major shareholders, asset acquisitions and dispositions, capital appropriations, issuance of unsecured bonds, and the cancellation of common shares. These developments reflect TSMC’s ongoing strategic adjustments and financial maneuvers, which are likely to impact its operational efficiency and market positioning.
On October 16, 2025, TSMC reported its third-quarter financial results, showcasing a significant year-over-year growth with a 30.3% increase in revenue and a 39.1% rise in net income. The company achieved consolidated revenue of NT$989.92 billion and a net income of NT$452.30 billion, with a diluted earnings per share of NT$17.44. The results were driven by strong demand for TSMC’s advanced process technologies, particularly in the 3-nanometer and 5-nanometer segments, which accounted for a substantial portion of the wafer revenue. The company’s robust performance is expected to continue into the fourth quarter of 2025, with projected revenues between US$32.2 billion and US$33.4 billion.
On October 9, 2025, TSMC reported its net revenue for September 2025, revealing a slight decrease of 1.4% from August 2025, but a significant increase of 31.4% compared to September 2024. The cumulative revenue for the first nine months of 2025 showed a robust growth of 36.4% year-over-year, highlighting the company’s strong market performance and its strategic importance in the semiconductor industry.
On September 25, 2025, TSMC reported several significant changes and approvals impacting its operations. In August 2025, there were changes in the shareholdings of TSMC’s board of directors and executive officers, with a slight increase in shares held by Vice President Jonathan Lee. TSMC also approved substantial capital appropriations for machinery equipment and real estate, totaling over US$20 billion, indicating a strategic investment in advanced technology and capacity expansion. Additionally, TSMC acquired NT$13.5 billion in fixed-income investments, reflecting its ongoing asset management strategy.
On September 25, 2025, TSMC Arizona Corporation, a key subsidiary of TSMC, announced significant leadership changes. Y.L. Wang will step down as Director, and Ray Chuang will assume the roles of both Director and CEO, effective October 1, 2025. These changes are part of a strategic realignment within the subsidiary, potentially impacting its operations and positioning within the industry.
On September 10, 2025, TSMC reported its net revenue for August 2025, which reached approximately NT$335.77 billion. This figure represents a 3.9% increase from July 2025 and a significant 33.8% rise from August 2024. The cumulative revenue from January to August 2025 was NT$2,431.98 billion, marking a 37.1% increase compared to the same period in 2024. These results highlight TSMC’s robust growth trajectory, reinforcing its strong position in the semiconductor industry and signaling positive implications for its stakeholders.
On May 13, 2025, TSMC’s Board of Directors approved a cash dividend distribution of NT$129,663,077,605, equating to NT$5.00 per common share for the first quarter of 2025. However, due to changes in the number of common shares outstanding, the dividend per share has been slightly adjusted to NT$5.00001754, with the payment scheduled for October 9, 2025. This adjustment reflects TSMC’s commitment to maintaining shareholder value despite minor fluctuations in share numbers.
On September 1, 2025, TSMC announced a change in its Board of Directors as Mr. Chun-Hsien Yeh was appointed by the National Development Fund, Executive Yuan of Taiwan, to replace Mr. Chin-Ching Liu. This change reflects TSMC’s ongoing adjustments in its governance structure, potentially impacting its strategic direction and stakeholder relationships.
In August 2025, TSMC reported several key changes and activities for July 2025, including modifications in the shareholdings of its board members and significant shareholders, as well as the acquisition and disposition of fixed-income investments totaling NT$10.2 billion and NT$0.4 billion respectively. Additionally, TSMC issued unsecured bonds worth NT$12.3 billion with varied maturity periods and interest rates, reflecting strategic financial maneuvers to support its operations and market positioning.
On August 14, 2025, TSMC released its consolidated financial statements for the six months ended June 30, 2025, and 2024, along with an independent auditors’ review report. The review, conducted by Deloitte & Touche, concluded that the financial statements fairly present the company’s financial position and performance in accordance with the relevant regulations and standards. This release provides stakeholders with a transparent view of TSMC’s financial health and operational performance, reinforcing its position in the semiconductor industry.
On August 12, 2025, TSMC Global Ltd., a subsidiary of TSMC, approved a capital increase of up to US$10 billion from its parent company, subject to regulatory approval. This strategic move is expected to enhance TSMC’s financial capabilities, potentially strengthening its market position and benefiting its stakeholders.
On August 12, 2025, TSMC’s Board of Directors approved several key resolutions during their meeting. These included the approval of the second quarter 2025 financial results, which reported a consolidated revenue of NT$933.79 billion and a net income of NT$398.27 billion. The Board also approved a cash dividend distribution and significant capital appropriations to expand capacity and technology development, amounting to approximately US$20.66 billion. Additionally, the issuance of unsecured corporate bonds up to NT$60 billion was approved to finance capacity expansion and green initiatives, alongside a capital injection of up to US$10 billion into TSMC Global to reduce foreign exchange hedging costs.
On August 8, 2025, TSMC announced its net revenue for July 2025, reporting a consolidated revenue of approximately NT$323.17 billion. This represents a 22.5% increase from June 2025 and a 25.8% increase from July 2024. The revenue for the first seven months of 2025 totaled NT$2,096.21 billion, marking a 37.6% increase compared to the same period in 2024. These figures highlight TSMC’s robust growth and strong market positioning, reflecting its significant impact on the semiconductor industry and positive implications for its stakeholders.
On August 2, 2025, TSMC announced the appointment of Alex Huang as the new Treasurer of TSMC Global Ltd., a significant subsidiary of the company. This change in leadership is expected to impact the financial management and strategic direction of TSMC Global Ltd., potentially influencing the company’s operations and its stakeholders.