TSMC (TSFA) Ratios
TSMC Ratios
DE:TSFA's free cash flow for Q3 2026 was $510.13B. For the 2026 fiscal year, DE:TSFA's free cash flow was decreased by $-441.63B and operating cash flow was $951.76B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 2.51 | 2.36 | 2.33 | 2.08 | 2.12 |
| Quick Ratio | 2.32 | 2.14 | 2.06 | 1.86 | 1.86 |
| Cash Ratio | 1.82 | 1.63 | 1.55 | 1.36 | 1.40 |
| Solvency Ratio | 0.94 | 0.75 | 0.67 | 0.70 | 0.64 |
| Operating Cash Flow Ratio | 1.49 | 1.40 | 1.32 | 1.63 | 1.47 |
| Short-Term Operating Cash Flow Coverage | 16.61 | 30.51 | 133.64 | 83.39 | 9.31 |
| Net Current Asset Value | $ 1.28T | $ 675.86B | $ 115.70B | $ 6.27B | $ 33.45B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.13 | 0.16 | 0.17 | 0.18 | 0.20 |
| Debt-to-Equity Ratio | 0.20 | 0.25 | 0.28 | 0.31 | 0.35 |
| Debt-to-Capital Ratio | 0.17 | 0.20 | 0.22 | 0.23 | 0.26 |
| Long-Term Debt-to-Capital Ratio | 0.14 | 0.18 | 0.21 | 0.22 | 0.22 |
| Financial Leverage Ratio | 1.48 | 1.58 | 1.61 | 1.71 | 1.73 |
| Debt Service Coverage Ratio | 16.05 | 24.68 | 65.53 | 46.43 | 8.17 |
| Interest Coverage Ratio | 156.51 | 125.96 | 76.79 | 95.43 | 120.05 |
| Debt to Market Cap | 0.02 | 0.03 | 0.06 | 0.07 | 0.04 |
| Interest Debt Per Share | 207.68 | 203.94 | 186.71 | 173.54 | 146.36 |
| Net Debt to EBITDA | -0.62 | -0.54 | -0.33 | -0.29 | -0.29 |
| Profitability Margins | |||||
| Gross Profit Margin | 59.89% | 56.12% | 54.36% | 59.56% | 51.63% |
| EBIT Margin | 53.92% | 45.68% | 45.86% | 51.05% | 42.11% |
| EBITDA Margin | 71.99% | 68.58% | 70.48% | 70.37% | 68.72% |
| Operating Profit Margin | 50.83% | 45.68% | 42.63% | 49.53% | 40.95% |
| Pretax Profit Margin | 53.60% | 48.57% | 45.30% | 50.54% | 41.77% |
| Net Profit Margin | 44.57% | 40.02% | 39.40% | 43.86% | 37.32% |
| Continuous Operations Profit Margin | 44.50% | 39.99% | 39.37% | 43.88% | 37.35% |
| Net Income Per EBT | 83.15% | 82.40% | 86.99% | 86.79% | 89.34% |
| EBT Per EBIT | 105.45% | 106.34% | 106.26% | 102.03% | 102.01% |
| Return on Assets (ROA) | 21.40% | 17.31% | 15.40% | 20.00% | 15.90% |
| Return on Equity (ROE) | 31.70% | 27.29% | 24.84% | 34.20% | 27.56% |
| Return on Capital Employed (ROCE) | 30.20% | 24.56% | 20.08% | 28.19% | 21.91% |
| Return on Invested Capital (ROIC) | 24.55% | 20.00% | 17.41% | 24.35% | 18.83% |
| Return on Tangible Assets | 21.47% | 17.38% | 15.46% | 20.11% | 16.02% |
| Earnings Yield | 3.44% | 3.44% | 5.15% | 8.39% | 3.44% |
| Efficiency Ratios | |||||
| Receivables Turnover | 13.50 | 10.64 | 10.70 | 9.78 | 8.00 |
| Payables Turnover | 5.87 | 4.78 | 4.34 | 3.41 | 3.98 |
| Inventory Turnover | 5.30 | 4.41 | 3.93 | 4.14 | 3.98 |
| Fixed Asset Turnover | 1.02 | 0.88 | 0.70 | 0.83 | 0.79 |
| Asset Turnover | 0.48 | 0.43 | 0.39 | 0.46 | 0.43 |
| Working Capital Turnover Ratio | 1.87 | 1.91 | 1.87 | 2.36 | 2.43 |
| Cash Conversion Cycle | 33.68 | 40.76 | 42.91 | 18.48 | 45.65 |
| Days of Sales Outstanding | 27.03 | 34.31 | 34.11 | 37.31 | 45.61 |
| Days of Inventory Outstanding | 68.83 | 82.74 | 92.86 | 88.17 | 91.79 |
| Days of Payables Outstanding | 62.18 | 76.29 | 84.06 | 107.00 | 91.75 |
| Operating Cycle | 95.86 | 117.05 | 126.96 | 125.48 | 137.40 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 438.71 | 352.17 | 239.49 | 310.58 | 214.45 |
| Free Cash Flow Per Share | 191.38 | 167.81 | 55.26 | 100.46 | 50.66 |
| Dividend Paid and CapEx Coverage Ratio | 1.30 | 1.38 | 1.00 | 1.17 | 1.00 |
| Capital Expenditure Coverage Ratio | 1.77 | 1.91 | 1.30 | 1.48 | 1.31 |
| Operating Cash Flow Coverage Ratio | 2.14 | 1.74 | 1.30 | 1.81 | 1.48 |
| Operating Cash Flow to Sales Ratio | 0.60 | 0.63 | 0.57 | 0.71 | 0.70 |
| Free Cash Flow Yield | 2.01% | 2.59% | 1.73% | 4.40% | 1.52% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 28.74 | 28.10 | 19.43 | 11.91 | 29.11 |
| Price-to-Sales (P/S) Ratio | 12.96 | 11.62 | 7.65 | 5.22 | 10.86 |
| Price-to-Book (P/B) Ratio | 9.22 | 7.92 | 4.82 | 4.07 | 8.02 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 49.75 | 38.65 | 57.74 | 22.70 | 65.62 |
| Price-to-Operating Cash Flow Ratio | 21.70 | 18.42 | 13.32 | 7.34 | 15.50 |
| Price-to-Earnings Growth (PEG) Ratio | 0.66 | 0.63 | -1.37 | 0.18 | 1.83 |
| Enterprise Value Multiple | 17.39 | 16.40 | 10.53 | 7.14 | 15.52 |
| Enterprise Value | 47.67T | 32.55T | 16.04T | 11.37T | 16.93T |
| EV to EBITDA | 17.39 | 16.40 | 10.53 | 7.14 | 15.52 |
| EV to Sales | 12.52 | 11.25 | 7.42 | 5.02 | 10.66 |
| EV to Free Cash Flow | 48.04 | 37.41 | 55.96 | 21.83 | 64.44 |
| EV to Operating Cash Flow | 20.95 | 17.83 | 12.91 | 7.06 | 15.22 |
| Tangible Book Value Per Share | 1035.79 | 820.17 | 661.63 | 557.64 | 409.72 |
| Shareholders’ Equity Per Share | 1032.66 | 818.49 | 661.32 | 559.80 | 414.43 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.17 | 0.18 | 0.13 | 0.13 | 0.11 |
| Revenue Per Share | 734.54 | 558.15 | 416.85 | 436.55 | 306.09 |
| Net Income Per Share | 327.37 | 223.39 | 164.24 | 191.47 | 114.22 |
| Tax Burden | 0.83 | 0.82 | 0.87 | 0.87 | 0.89 |
| Interest Burden | 0.99 | 1.06 | 0.99 | 0.99 | 0.99 |
| Research & Development to Revenue | 0.06 | 0.07 | 0.08 | 0.07 | 0.08 |
| SG&A to Revenue | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.32 | 1.56 | 1.48 | 1.41 | 1.68 |
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