Taiwan Semiconductor Manufacturing TSM Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$375.44 up $22.34, 6.33% at close Nov 6
Last close · Previous close $353.10
- Market cap
- At the Nov 6 close
- P/E ratio
- 27.65On last 12 months’ EPS
- Diluted EPS
- $13.58Last 12 months
- Dividend yield
- 1.02%Last 12 months
Price chart
$375.44up $22.34, 6.33%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$353.10Nov 5
- Volume23.84MNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume14.46MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $266.82 to $487.47; now $375.44
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
TSM beat the S&P 500 in 5 of 7 periods.
| Period | TSM and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | TSM: down 22.2% S&P 500: down 5.6% | TSM trailed the S&P 500 by 16.6 percentage points Trailed |
| 3M | TSM: down 10.0% S&P 500: down 4.1% | TSM trailed the S&P 500 by 5.9 percentage points Trailed |
| YTD | TSM: up 24.5% S&P 500: up 8.7% | TSM beat the S&P 500 by 15.8 percentage points Beat |
| 1Y | TSM: up 31.1% S&P 500: up 10.9% | TSM beat the S&P 500 by 20.2 percentage points Beat |
| Long term | ||
| 3Y | TSM: up 321.8% S&P 500: up 75.0% +61.6% vs +20.5% a year | TSM beat the S&P 500 by 246.8 percentage points Beat |
| 5Y | TSM: up 245.2% S&P 500: up 67.8% +28.1% vs +10.9% a year | TSM beat the S&P 500 by 177.4 percentage points Beat |
| 10Y | TSM: up 1,454.5% S&P 500: up 313.1% +31.6% vs +15.2% a year | TSM beat the S&P 500 by 1,141.4 percentage points Beat |
$10,000 invested in TSM 10 years ago (Nov 4, 2016) would be worth about $155,448 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
TSM beat the S&P 500 in 5 of 7 periods.
| Period | TSM and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | TSM: down 22.2% S&P 500: down 5.6% | TSM trailed the S&P 500 by 16.6 percentage points Trailed |
| 3M | TSM: down 10.2% S&P 500: down 4.3% | TSM trailed the S&P 500 by 5.9 percentage points Trailed |
| YTD | TSM: up 23.5% S&P 500: up 7.8% | TSM beat the S&P 500 by 15.7 percentage points Beat |
| 1Y | TSM: up 29.8% S&P 500: up 9.7% | TSM beat the S&P 500 by 20.1 percentage points Beat |
| Long term | ||
| 3Y | TSM: up 305.4% S&P 500: up 68.8% +59.5% vs +19.1% a year | TSM beat the S&P 500 by 236.6 percentage points Beat |
| 5Y | TSM: up 218.7% S&P 500: up 56.9% +26.1% vs +9.4% a year | TSM beat the S&P 500 by 161.8 percentage points Beat |
| 10Y | TSM: up 1,141.5% S&P 500: up 252.6% +28.6% vs +13.4% a year | TSM beat the S&P 500 by 888.9 percentage points Beat |
$10,000 invested in TSM 10 years ago (Nov 4, 2016) would be worth about $124,153 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$485.80
Closing high on . Now 22.7% below that record.
Split-adjusted daily closes since Oct 9, 1997.
Stock splits
7
Latest: 1-for-1 on . One share bought before the first split is 2 shares today.
All 7 splits
- 1-for-1
- 1-for-1
- 1.03-for-1
- 1.05-for-1
- 7-for-5
- 11-for-9
- 13-for-9
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $141.21Bup 30.6%
- Net income
- $70.41Bup 53.3%
- Diluted EPS
- $13.58up 53.3%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 30, 2024) | $24.05B | $10.30B | $1.98 |
| Q4 FY24 (Dec 31, 2024) | $26.73B | $11.07B | $2.13 |
| Q1 FY25 (Mar 31, 2025) | $25.42B | $10.95B | $2.11 |
| Q2 FY25 (Jun 30, 2025) | $31.95B | $13.63B | $2.63 |
| Q3 FY25 (Sep 30, 2025) | $32.48B | $14.84B | $2.86 |
| Q4 FY25 (Dec 31, 2025) | $33.45B | $15.52B | $2.99 |
| Q1 FY26 (Mar 31, 2026) | $35.43B | $17.88B | $3.45 |
| Q2 FY26 (Jun 30, 2026) | $39.85B | $22.16B | $4.27 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $57.31B | $21.38B | $4.12 |
| FY22 (Dec 31, 2022) | $73.74B | $32.34B | $6.24 |
| FY23 (Dec 31, 2023) | $70.35B | $27.72B | $5.34 |
| FY24 (Dec 31, 2024) | $89.08B | $35.65B | $6.87 |
| FY25 (Dec 31, 2025) | $121.81B | $54.29B | $10.47 |
Margins
- Gross 64.2%
- Operating 56.0%
- Net 49.9%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $36.33BLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$83.61BLast 12 months
- Capital spending$47.28BLast 12 months
- 25.7%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- Not reportedLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$16.91BLast 12 months
Balance sheet
- $113.43BAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$28.23BAs of Jun 30, 2026
- Net cash$85.20BAs of Jun 30, 2026
- 2.46As of Jun 30, 2026
Current assets divided by current liabilities on the Jun 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.14As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 9 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✓Long-term debt fell relative to assets: passed
- ✓Current ratio improved: passed
- ✓Share count didn’t rise: passed
- ✓Gross margin improved: passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 38.9%Last 12 months
Over the last 12 months, Taiwan Semiconductor Manufacturing’s net income was 38.9% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 26.6%Last 12 months
Over the last 12 months, Taiwan Semiconductor Manufacturing’s net income was 26.6% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.75 |
| 2017 | $0.92 |
| 2018 | $1.35 |
| 2019 | $2.01 |
| 2020 | $1.71 |
| 2021 | $1.89 |
| 2022 | $1.86 |
| 2023 | $1.85 |
| 2024 | $2.34 |
| 2025 | $3.05 |
| 2026 (to date) | $3.02 |
Dividend details
- $3.82Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- Dividend yield1.02%Last 12 months
- $1.11Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyQuarterly4 payments in the last 12 months
- up 12.3% a yearFull years 2020–2025
The compound annual growth rate of the full-year dividend per share from 2020 to 2025.
- 2 yearsThrough 2025
How many calendar years in a row the full-year amount has risen, through 2025.
- 28.1%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About Taiwan Semiconductor Manufacturing
Taiwan Semiconductor Manufacturing Company Limited engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits and other semiconductor devices. The company is also involved in researching, developing, designing, manufacturing, and selling renewable energy and saving related technologies and products; and solid state lighting devices and related applications products and systems, as well as manufactures masks. In addition, it provides marketing and engineering support services; and customer service and technical support services, as well as manufactures and sells electronic parts and solar related products. Taiwan Semiconductor Manufacturing Company Limited was founded in 1987 and is headquartered in Hsinchu, Taiwan.
- Sector
- Technology
- Industry
- Semiconductors
- Headquarters
- Taiwan
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
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TSM stock FAQ
What is TSM stock’s price today?
Taiwan Semiconductor Manufacturing (TSM) traded at $375.44 at the close on , up $22.34 (6.33%) from the previous close of $353.10. Over the past 52 weeks it has traded between $266.82 and $487.47.
If you invested $1,000 in TSM 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in TSM on would be worth about $15,545 at the close on , a total return of +1,454.5%. The same $1,000 would be worth $3,452 if invested five years ago, $1,311 if invested one year ago, and $67,318 if invested 20 years ago. Past performance doesn’t predict future returns.
What is TSM’s P/E ratio?
TSM trades at 27.7 times its diluted earnings over the four quarters to ($13.58 per share), at the close. (How the P/E ratio works.)
How much revenue does Taiwan Semiconductor Manufacturing make?
Taiwan Semiconductor Manufacturing reported $141.2 billion of revenue over the four quarters to , up 30.6% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $39.8 billion, up 24.7% from a year earlier.
Is Taiwan Semiconductor Manufacturing profitable?
Yes. Taiwan Semiconductor Manufacturing earned $70.4 billion of net income over the four quarters to , a net margin of 49.9%, and its operating margin was 56.0% (what margins tell you).
What are TSM’s earnings per share?
TSM’s diluted earnings per share were $13.58 over the four quarters to , compared with $8.86 in the twelve months before. The latest quarter (Q2 FY26) brought $4.27 per share, against $2.63 a year earlier (how EPS works).
Does TSM pay a dividend?
Yes. Taiwan Semiconductor Manufacturing pays a quarterly dividend. The most recent was $1.11 per share, with an ex-dividend date of . Over the last twelve months it paid $3.82 per share, a 1.02% yield at the close (how dividend yield works).
Based on the last 12 months’ payments ($3.82 per share), and if the next 12 months match the last 12, 100 shares would receive about $382 over 12 months, and $1,000 over 12 months would take about 263 shares, roughly $98,741 at the close. Dividends can change.
What is TSM’s 52-week high and low?
Over the past 52 weeks TSM has traded as low as $266.82 and as high as $487.47. At $375.44 at the close on , it is 23.0% below that high and 40.7% above the low.
What is TSM’s all-time high?
TSM’s highest closing price was $485.80 on , adjusted for stock splits. At $375.44 at the close on , it is 22.7% below that record.
Has TSM stock ever split?
Yes, seven times: 13-for-9 on ; 11-for-9 on ; 7-for-5 on ; 1.05-for-1 on ; 1.03-for-1 on ; 1-for-1 on ; 1-for-1 on . One share bought before the first split would be 2 shares today.
How has TSM stock performed?
Including dividends and measured to the close on , TSM has returned +24.5% so far this year and +31.1% over the past year, and +245.2% over five years (+28.1% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is Taiwan Semiconductor Manufacturing in?
Taiwan Semiconductor Manufacturing is in the Technology sector and the Semiconductors industry, and is headquartered in Taiwan.
What exchange does TSM trade on?
Taiwan Semiconductor Manufacturing trades on the NYSE under the ticker symbol TSM. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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