Taiwan Semiconductor Manufacturing Co Ltd (TSM) stock
TSMNYSESemiconductors & Related DevicesFiscal year ends December 31Also trades as TSMWF
$398.73−6.76 (-1.67%)
Close on Nov 13, 2026Market cap $2.07TP/E 40.0Yield –
Taiwan Semiconductor Manufacturing operating margin
Operating margin is operating income as a percentage of revenue.
For fiscal 2025 it was 50.8%, against 45.7% the year before. The highest annual figure on record is 50.8% in fiscal 2025.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 50.8% | +5.2 |
| FY2024 | Dec 31, 2024 | 45.7% | +3.1 |
| FY2023 | Dec 31, 2023 | 42.6% | −6.9 |
| FY2022 | Dec 31, 2022 | 49.5% | +8.6 |
| FY2021 | Dec 31, 2021 | 40.9% | −1.4 |
| FY2020 | Dec 31, 2020 | 42.3% | +7.5 |
| FY2019 | Dec 31, 2019 | 34.8% | −2.4 |
| FY2018 | Dec 31, 2018 | 37.2% | −2.3 |
| FY2017 | Dec 31, 2017 | 39.4% | −0.4 |
| FY2016 | Dec 31, 2016 | 39.9% | +1.9 |
| FY2015 | Dec 31, 2015 | 37.9% | – |
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