Taiwan Semiconductor Manufacturing Company Limited share price today

Taiwan Semiconductor Manufacturing Company Limited's share price was $395.61 at the close on 4 November 2026. That is 1.4% below its average price over the last 200 trading days. In the last 52 weeks it traded between $275 and $473, and at that close it sat 61% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 2 weeks running.

Over the last 1 year the share price moved +72% while the S&P 500 moved +23%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Taiwan Semiconductor Manufacturing Company Limited declared TWD 7.00 per local share for Jun 2026, and TWD 26.00 over the last four reported quarters. It reports in Taiwan dollars, and one US-listed share can stand for several local shares, so we do not set this against the dollar price or show a yield.

Taiwan Semiconductor Manufacturing Company Limited is on one of our US lists: US tech stocks.

Taiwan Semiconductor Manufacturing Company Limited earned TWD 763 B of net profit in the Sep 2026 quarter, +68.7% on the same quarter a year earlier. That is the 11th quarter in a row of profit growth. Full-year FY25 profit was TWD 1,698 B. Over 4 years profit has grown 30.1% a year on average.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

That is 51.1% of the quarter's revenue. The same quarter a year earlier earned TWD 452 B.

For the full year, FY25 profit was TWD 1,698 B (+46.5% on the year before).

Why profit moved: revenue changed +50.9% on a year earlier and the margin moved +8.1 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +59.8% and revenue +35.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.

This company reports in Taiwan dollars, not US dollars, so the money charts are left out here. The figures in the text are in that currency (TWD); nothing is converted.

Taiwan Semiconductor Manufacturing Company Limited reported TWD 1,494 B of revenue in the Sep 2026 quarter, +50.9% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 4 years it has grown 24.5% a year on average. The last full year, FY25, came in at TWD 3,809 B.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to TWD 4,945 B.

FY25 revenue was TWD 3,809 B, +31.6% on the year before.

Recent pace: the last four quarters grew +35.6% on average, against 24.5% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +36.2%, against +36.6% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +60.8%, against +55.1% a year (accelerating).

This company reports in Taiwan dollars, not US dollars, so the money charts are left out here. The figures in the text are in that currency (TWD); nothing is converted.

Taiwan Semiconductor Manufacturing Company Limited's operating margin was 58.7% in the Sep 2026 quarter, 8.1 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 41.0% and 50.8%. The latest quarter is above every full year in that period.

Operating margin is what is left from every TWD 100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Across 5 years it has been between 41.0% and 50.8%, and FY25's 50.8% is the highest of them.

Why the margin moved: operating margin changed +8.1 percentage points on the year while gross margin changed +6.9 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

Over the last 3 years, 144% of Taiwan Semiconductor Manufacturing Company Limited's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in TWD 2,275 B of operating cash against TWD 1,698 B of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After TWD 1,272 B of spending on assets, TWD 1,003 B was left over as free cash.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

This company reports in Taiwan dollars, not US dollars, so the money charts are left out here. The figures in the text are in that currency (TWD); nothing is converted.

Taiwan Semiconductor Manufacturing Company Limited does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent TWD 3,178 B on assets over the last 3 years. Averaged over those years that is 27.8% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: TWD 3,178 B over the last 3 years.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

This company reports in Taiwan dollars, not US dollars, so the money charts are left out here. The figures in the text are in that currency (TWD); nothing is converted.

Taiwan Semiconductor Manufacturing Company Limited's P/E is 26.6×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.

Taiwan Semiconductor Manufacturing Company Limited's business is growing steadily. Revenue and profit growth have stayed positive throughout, and ROCE is steady at 40.5%. This is based on 12 quarters of 3 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: steady growth with healthy returns is how a business compounds over time.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Taiwan Semiconductor Manufacturing Company Limited earned a ROE of 32% in FY25. That is up from a low of 25% in FY23. Its return on capital used (ROIC) is 49.4 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 44.6% net margin and 0.48× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY25): a 44.6% net margin × 0.48× asset turnover × 1.47× leverage (assets divided by equity) ≈ 31.5% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 60.3% − 10.9% = +49.4 percentage points. The 10.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.

The 60.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 51.0%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Taiwan Semiconductor Manufacturing Company Limited has total debt of TWD 818 B against shareholder equity of TWD 7,043 B as of Sep 2026, so its debt is 0.12× its equity, which is very little. Year by year, that ratio went from 0.20 in FY20 to 0.20 in FY25.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

So the returns on this page come from the business, not from borrowed money.

This company reports in Taiwan dollars, not US dollars, so the money charts are left out here. The figures in the text are in that currency (TWD); nothing is converted.

We have no ownership or short-position figures for Taiwan Semiconductor Manufacturing Company Limited, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 2.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

For Taiwan Semiconductor Manufacturing Company Limited, the Z-score is 11.47. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 11.47 is well clear of the danger zone, so the balance sheet is not the risk here.

There is no score against its industry: Taiwan Semiconductor Manufacturing Company Limited is not among the largest members shown in this industry comparison for Semiconductors.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

No sector comparison is shown here, not among the largest members shown in this industry comparison.

Taiwan Semiconductor Manufacturing Company Limited is the 2nd largest of 59 Semiconductors companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: NVIDIA Corporation. Just below it: Broadcom Inc., Micron Technology, Inc., Advanced Micro Devices, Inc., Intel Corporation and Texas Instruments Incorporated.

Semiconductors companies close in size

1. NVIDIA Corporation $4.84 trillion
2. Taiwan Semiconductor Manufacturing Company Limited $1.74 trillion
3. Broadcom Inc. $1.55 trillion
4. Micron Technology, Inc. $899.8 billion
5. Advanced Micro Devices, Inc. $798 billion
6. Intel Corporation $309.8 billion
7. Texas Instruments Incorporated $284.9 billion

All 59 Semiconductors companies, largest first

Companies close in size in other industries

4. Alphabet Inc. $3.55 trillion · Internet Content & Information
5. Amazon.com, Inc. $2.88 trillion · Internet Retail
6. Taiwan Semiconductor Manufacturing Company Limited $1.74 trillion
7. Meta Platforms, Inc. $1.61 trillion · Internet Content & Information
8. Broadcom Inc. $1.55 trillion · Semiconductors

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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