Taiwan Semiconductor Manufacturing Co., Ltd.

Taiwan Semiconductor Manufacturing Co., Ltd.

404.80
USD
+6.17
(+1.55%)
17.73EPS
25.74P/E
2.04TMarket Cap
Jan 21Next Earn

Total Valuation

USD

As of September 30, 2026, Taiwan Semiconductor Manufacturing Company Ltd. carries a market capitalization of 2.04T, placing it among publicly traded companies globally. Its enterprise value stands at 1.95T, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap2.04T
Enterprise Value1.95T

Important Dates

Taiwan Semiconductor Manufacturing Company Ltd.'s next confirmed earnings release is scheduled for January 21, 2027.

Earnings Date1/21/2027

Share Statistics

As of September 30, 2026, Taiwan Semiconductor Manufacturing Company Ltd. has 4.47B shares outstanding.

Shares Outstanding4.47B

Valuation Ratios

As of September 30, 2026, Taiwan Semiconductor Manufacturing Company Ltd. trades at a trailing price-to-earnings ratio of 25.74. The price-to-sales ratio is 13.16, and the price-to-book ratio stands at 9.30.

PE Ratio25.74
PS Ratio13.16
PB Ratio9.30
P/TBV Ratio9.30
P/FCF Ratio44.48
P/OCF Ratio20.80

Enterprise Valuation

As of September 30, 2026, Taiwan Semiconductor Manufacturing Company Ltd. trades at an EV/EBITDA multiple of 17.18 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 12.55 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 21.65 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Taiwan Semiconductor Manufacturing Company Ltd. trades at an EV/FCF ratio of 42.22, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 1.95T versus a market cap of 2.04T, with the gap driven by net debt and cash on the balance sheet.

EV / Sales12.55
EV / EBITDA17.18
EV / EBIT21.65
EV / FCF42.22

Financial Position

As of September 30, 2026, Taiwan Semiconductor Manufacturing Company Ltd. maintains a current ratio of 2.58, meaning it holds 2.6x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 13.96, indicating elevated leverage, while an interest coverage ratio of 408.49 demonstrates strong ability to service its debt obligations.

Current Ratio2.58
Quick Ratio2.29
Debt / Equity13.96
Debt / EBITDA0.27
Interest Coverage408.49

Financial Efficiency

USD

Over the twelve months ended September 30, 2026, Taiwan Semiconductor Manufacturing Company Ltd. posted a return on equity (ROE) of 42.14, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 33.42 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 29.04, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 35.98, useful for judging operating efficiency across full business cycles. The company generates approximately 2.03M in revenue per employee across its workforce of 76,478.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 4.71 indicates how many times Taiwan Semiconductor Manufacturing Company Ltd. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)42.14
Return on Assets (ROA)29.04
Return on Invested Capital (ROIC)33.42
Return on Capital Employed (ROCE)35.98
Revenue Per Employee2.03M
Employee Count76,478.00
Inventory Turnover4.71

Taxes

USD

Over the twelve months ended September 30, 2026, Taiwan Semiconductor Manufacturing Company Ltd. recorded 16.49B in income tax expense. That works out to an effective tax rate of 17.21, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 95.80B, leaving 79.30B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax16.49B
Effective Tax Rate17.21

Stock Price Statistics

USD

As of the close on November 3, 2026, Taiwan Semiconductor Manufacturing Company Ltd.'s stock has gained approximately 32.78% over the past 52 weeks. The 50-day moving average sits at 434.41, while the 200-day moving average is 400.76.

52-Week Price Change32.78%
50-Day Moving Average434.41
200-Day Moving Average400.76

Income Statement

USD

Over the twelve months ended September 30, 2026, Taiwan Semiconductor Manufacturing Company Ltd. generated 155.14B in revenue and converted that into 79.30B in net income, yielding earnings per share of 17.73. EBITDA reached 113.36B, while operating income came in at 89.94B.

Revenue155.14B
Gross Profit102.15B
Operating Income89.94B
Pretax Income95.80B
Net Income79.30B
EBITDA113.36B
EBIT89.95B
Earnings Per Share (EPS)17.73

Balance Sheet

USD

As of September 30, 2026, Taiwan Semiconductor Manufacturing Company Ltd. holds 126.03B in cash and equivalents against 30.86B in total debt, resulting in a net debt position of -82.78B. Total book value stands at 219.55B, with working capital of 97.80B providing operational flexibility.

Cash & Cash Equivalents126.03B
Total Debt30.86B
Net Debt-82.78B
Equity (Book Value)219.55B
Book Value Per Share49.07
Working Capital97.80B

Cash Flow

USD

Taiwan Semiconductor Manufacturing Company Ltd. produced 98.12B in operating cash flow over the twelve months ended September 30, 2026. After subtracting -52.23B in capital expenditures, free cash flow totaled 45.89B - equivalent to 10.26 per share.

Operating Cash Flow98.12B
Capital Expenditures-52.23B
Free Cash Flow45.89B
FCF Per Share10.26

Margins

Over the twelve months ended September 30, 2026, Taiwan Semiconductor Manufacturing Company Ltd. posted a gross margin of 65.85, reflecting its pricing power and cost economics. The operating margin of 57.98 and net profit margin of 51.12 provide insight into operational efficiency.

Gross Margin65.85
Operating Margin57.98
Pretax Margin61.75
Profit Margin51.12
EBITDA Margin73.07

Dividends & Yields

USD

Over the twelve months ended September 30, 2026, Taiwan Semiconductor Manufacturing Company Ltd. paid dividends of 4.00 per share. The dividend payout ratio of 22.56 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 2.25, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 0.88, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Taiwan Semiconductor Manufacturing Company Ltd. shareholders.

Dividend Per Share4.00
Payout Ratio22.56
Shareholder Yield0.88
FCF Yield2.25

Stock Splits

Taiwan Semiconductor Manufacturing Company Ltd.'s most recent stock split took place on July 15, 2009 with a 200:201 split ratio.

Last Split Date7/15/2009
Split Ratio200:201

Scores

As of September 30, 2026, Taiwan Semiconductor Manufacturing Company Ltd. has an Altman Z-Score of 15.66, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score15.66