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Taiwan Semiconductor Manufacturing stock: growth
TSMTaiwan Semiconductor Manufacturing reported $115.95B in revenue for fiscal 2025, up 31.6% on the prior year, up 23.3% a year on average over up to five years.
Daily figure as of 12 Nov 2026
Revenue (Annual rate)
14%
per year from 2006 to 2025, per share 14%
Earnings (Annual rate)
14.6%
per year from 2006 to 2025, per share 14.8%
Free cash flow (Annual rate)
11.5%
per year from 2006 to 2025, per share 11.5%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 23.3% | 16.3% | 14.0% |
| Revenue per share | 23.3% | 16.3% | 14.0% |
| Earnings | 27.2% | 18.8% | 14.6% |
| Earnings per share | 28.3% | 18.4% | 14.8% |
| Free cash flow | 26.9% | 14.0% | 11.5% |
| Free cash flow per share | 26.9% | 14.0% | 11.5% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $9.66B | $3.87B | $3.84B |
| 2007 | $9.82B | $3.32B | $3.04B |
| 2008 | $10.14B | $3.04B | $4.95B |
| 2009 | $9B | $2.72B | $2.2B |
| 2010 | $12.77B | $4.92B | $1.24B |
| 2011 | $13B | $4.09B | $1.02B |
| 2012 | $15.43B | $4.85B | $1.31B |
| 2013 | $18.17B | $5.6B | $1.74B |
| 2014 | $23.22B | $7.74B | $3.93B |
| 2015 | $25.68B | $9.22B | $8.16B |
| 2016 | $28.86B | $10.1B | $6.29B |
| 2017 | $29.75B | $10.5B | $7.59B |
| 2018 | $31.4B | $11.05B | $7.65B |
| 2019 | $32.57B | $10.77B | $4.43B |
| 2020 | $40.77B | $15.55B | $9.17B |
| 2021 | $48.32B | $18.03B | $8B |
| 2022 | $68.92B | $30.23B | $15.86B |
| 2023 | $65.81B | $25.93B | $8.72B |
| 2024 | $88.11B | $35.26B | $26.49B |
| 2025 | $115.95B | $51.68B | $30.21B |
Revenue by region
Where Taiwan Semiconductor Manufacturing Company Limited generates its revenue.
- United States74%
- China9%
- Japan4%
- EMEA3%
- Other10%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|
| United States | $45.46B | $42.89B | $60.65B | $86.29B | 74.4% |
| China | $7.46B | $8.13B | $10.1B | $9.97B | 8.6% |
| Japan | $3.63B | $4.02B | $4.39B | $4.58B | 3.9% |
| EMEA | $3.77B | $3.57B | $3.13B | $3.85B | 3.3% |
| Other | $8.6B | $7.19B | $9.84B | $11.26B | 9.7% |
| Total revenue | $68.92B | $65.81B | $88.11B | $115.95B | 100% |
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 11 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = NT$32.8500)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 31 May 2022)
- Valuation signal Fairly valued since 7 Nov 2026, previously Undervalued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.