Taiwan Semiconductor Manufacturing Past Earnings Performance
Past criteria checks 3/6
Taiwan Semiconductor Manufacturing has been growing earnings at an average annual rate of 24.7%, while the Semiconductor industry saw earnings growing at 30% annually. Revenues have been growing at an average rate of 19% per year. Taiwan Semiconductor Manufacturing's return on equity is 26.5%, and it has net margins of 41.4%.
Key information
24.7%
Earnings growth rate
24.7%
EPS growth rate
| Semiconductor Industry Growth | 27.7% |
| Revenue growth rate | 19.0% |
| Return on equity | 26.5% |
| Net Margin | 41.4% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Taiwan Semiconductor Manufacturing makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 2,161,739 | 895,690 | 70,201 | 176,547 |
| 30 Jun 23 | 2,228,149 | 965,556 | 69,839 | 168,387 |
| 31 Mar 23 | 2,281,448 | 1,020,784 | 67,035 | 166,371 |
| 31 Dec 22 | 2,263,891 | 1,016,530 | 63,445 | 163,262 |
| 30 Sep 22 | 2,076,549 | 886,858 | 59,136 | 150,914 |
| 30 Jun 22 | 1,878,076 | 762,251 | 52,711 | 138,803 |
| 31 Mar 22 | 1,716,081 | 659,582 | 48,695 | 130,027 |
| 31 Dec 21 | 1,587,415 | 596,540 | 44,488 | 124,735 |
| 30 Sep 21 | 1,510,759 | 565,933 | 37,230 | 122,437 |
| 30 Jun 21 | 1,452,515 | 546,985 | 37,654 | 121,254 |
| 31 Mar 21 | 1,391,068 | 533,448 | 36,572 | 115,273 |
| 31 Dec 20 | 1,339,255 | 510,744 | 35,570 | 109,486 |
| 30 Sep 20 | 1,294,959 | 499,838 | 36,496 | 105,181 |
| 30 Jun 20 | 1,231,578 | 463,598 | 32,696 | 99,470 |
| 31 Mar 20 | 1,161,878 | 409,541 | 29,839 | 95,970 |
| 31 Dec 19 | 1,069,985 | 353,948 | 28,086 | 91,419 |
| 30 Sep 19 | 1,042,519 | 341,134 | 25,942 | 89,472 |
| 30 Jun 19 | 1,009,821 | 329,136 | 24,777 | 87,386 |
| 31 Mar 19 | 1,002,099 | 334,662 | 25,555 | 85,884 |
| 31 Dec 18 | 1,031,474 | 363,053 | 26,254 | 85,896 |
| 30 Sep 18 | 1,019,274 | 352,320 | 26,715 | 83,424 |
| 30 Jun 18 | 1,011,033 | 353,174 | 26,964 | 82,583 |
| 31 Mar 18 | 991,611 | 347,154 | 26,725 | 81,749 |
| 31 Dec 17 | 977,447 | 344,998 | 27,169 | 80,733 |
| 30 Sep 17 | 962,104 | 341,492 | 26,761 | 79,476 |
| 30 Jun 17 | 970,403 | 348,326 | 27,386 | 77,155 |
| 31 Mar 17 | 978,357 | 354,561 | 27,180 | 75,001 |
| 31 Dec 16 | 947,938 | 331,714 | 25,696 | 71,208 |
| 30 Sep 16 | 889,230 | 303,161 | 24,028 | 66,911 |
| 30 Jun 16 | 841,329 | 281,731 | 22,586 | 64,673 |
| 31 Mar 16 | 824,959 | 288,642 | 22,425 | 64,382 |
| 31 Dec 15 | 843,497 | 302,851 | 22,922 | 65,545 |
| 30 Sep 15 | 862,500 | 304,142 | 23,007 | 65,823 |
| 30 Jun 15 | 859,045 | 305,144 | 23,269 | 64,544 |
| 31 Mar 15 | 836,625 | 285,425 | 23,969 | 61,542 |
| 31 Dec 14 | 762,807 | 254,301 | 24,021 | 56,829 |
| 30 Sep 14 | 686,091 | 224,537 | 23,296 | 52,888 |
| 30 Jun 14 | 639,619 | 200,158 | 23,263 | 51,037 |
| 31 Mar 14 | 612,484 | 192,268 | 23,470 | 49,369 |
| 31 Dec 13 | 597,024 | 183,978 | 23,387 | 47,952 |
| 30 Sep 13 | 582,663 | 178,103 | 23,667 | 46,454 |
| 30 Jun 13 | 561,585 | 175,530 | 23,478 | 43,754 |
| 31 Mar 13 | 533,885 | 165,566 | 22,097 | 41,880 |
| 31 Dec 12 | 506,745 | 159,481 | 22,129 | 40,387 |
Quality Earnings: TSMW.F has a high level of non-cash earnings.
Growing Profit Margin: TSMW.F's current net profit margins (41.4%) are lower than last year (42.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TSMW.F's earnings have grown significantly by 24.7% per year over the past 5 years.
Accelerating Growth: TSMW.F's earnings growth over the past year (1%) is below its 5-year average (24.7% per year).
Earnings vs Industry: TSMW.F earnings growth over the past year (1%) exceeded the Semiconductor industry 0.8%.
Return on Equity
High ROE: TSMW.F's Return on Equity (26.5%) is considered high.