Taiwan Semiconductor Manufacturing Company Limited (TSM)

TSMC Income Statement

Financials in millions TWD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2000
Revenue	2,161,736	2,263,891	1,587,415	1,339,255	1,069,985	1,031,474	977,447	947,938	843,497	762,807	Upgrade
Revenue Growth (YoY)	-4.51%	42.61%	18.53%	25.17%	3.73%	5.53%	3.11%	12.38%	10.58%	27.77%	Upgrade
Cost of Revenue	986,625	915,537	767,878	628,125	577,284	533,488	482,616	473,077	433,118	385,113	Upgrade
Gross Profit	1,175,111	1,348,355	819,537	711,130	492,702	497,986	494,831	474,861	410,380	377,694	Upgrade
Selling, General & Admin	71,464	63,445	44,488	35,570	28,086	26,254	27,169	25,696	22,922	24,021	Upgrade
Research & Development	182,370	163,262	124,735	109,486	91,419	85,896	80,733	71,208	65,545	56,829	Upgrade
Other Operating Expenses	-188.7	368.4	333.4	-710	496.3	2,102	1,366	-29.8	1,881	1,002	Upgrade
Operating Expenses	253,645	227,076	169,556	144,346	120,001	114,251	109,267	96,874	90,347	81,852	Upgrade
Operating Income	921,466	1,121,279	649,981	566,784	372,701	383,735	385,564	377,987	320,033	295,842	Upgrade
Interest Expense / Income	11,999	11,750	5,414	2,082	3,251	3,051	3,330	3,306	3,190	3,236	Upgrade
Other Expense / Income	-70,562.6	-34,172	-17,947.9	-19,780.1	-20,332.9	-16,805.5	-13,887.7	-11,157.3	-33,653.2	-9,585.8	Upgrade
Pretax Income	980,029	1,143,701	662,515	584,482	389,783	397,490	396,121	385,838	350,496	302,191	Upgrade
Income Tax	128,289	150,778	70,155	73,738	35,835	34,437	51,123	54,124	47,645	47,890	Upgrade
Net Income	851,740	992,923	592,359	510,744	353,948	363,053	344,998	331,714	302,851	254,301	Upgrade
Net Income Growth	-14.22%	67.62%	15.98%	44.30%	-2.51%	5.23%	4.00%	9.53%	19.09%	38.22%	Upgrade
Shares Outstanding (Basic)	25,932	25,930	25,930	25,930	25,930	25,930	25,930	25,930	25,930	25,929	Upgrade
Shares Change	0.01%	-	-	-	-	-	-	0.00%	0.00%	0.02%	Upgrade
EPS (Basic)	164.25	191.45	114.20	98.50	68.25	70.00	66.50	63.95	58.40	49.05	Upgrade
EPS (Diluted)	164.25	191.45	114.20	98.50	68.25	70.00	66.50	63.95	58.40	49.05	Upgrade
EPS Growth	-14.21%	67.64%	15.94%	44.32%	-2.50%	5.26%	3.99%	9.50%	19.06%	38.17%	Upgrade
Free Cash Flow	292,791	528,910	272,155	311,341	155,004	258,554	254,237	211,082	273,180	133,184	Upgrade
Free Cash Flow Per Share	56.45	101.99	52.48	60.03	29.89	49.85	49.02	40.70	52.68	25.68	Upgrade
Dividend Per Share	1.846	1.856	1.892	1.706	2.006	1.345	0.927	0.929	0.582	0.400	Upgrade
Dividend Growth	-0.54%	-1.90%	10.90%	-14.96%	49.14%	45.09%	-0.22%	59.62%	45.50%	0%	Upgrade
Gross Margin	54.36%	59.56%	51.63%	53.10%	46.05%	48.28%	50.62%	50.09%	48.65%	49.51%	Upgrade
Operating Margin	42.63%	49.53%	40.95%	42.32%	34.83%	37.20%	39.45%	39.87%	37.94%	38.78%	Upgrade
Profit Margin	39.40%	43.86%	37.32%	38.14%	33.08%	35.20%	35.30%	34.99%	35.90%	33.34%	Upgrade
Free Cash Flow Margin	13.54%	23.36%	17.14%	23.25%	14.49%	25.07%	26.01%	22.27%	32.39%	17.46%	Upgrade
Effective Tax Rate	13.09%	13.18%	10.59%	12.62%	9.19%	8.66%	12.91%	14.03%	13.59%	15.85%	Upgrade
EBITDA	1,524,219	1,592,705	1,090,324	918,288	679,918	693,087	659,594	612,973	576,192	505,679	Upgrade
EBITDA Margin	70.51%	70.35%	68.69%	68.57%	63.54%	67.19%	67.48%	64.66%	68.31%	66.29%	Upgrade
Depreciation & Amortization	532,191	437,254	422,395	331,725	286,884	292,546	260,143	223,828	222,506	200,252	Upgrade
EBIT	992,028	1,155,451	667,929	586,564	393,034	400,541	399,452	389,144	353,686	305,428	Upgrade
EBIT Margin	45.89%	51.04%	42.08%	43.80%	36.73%	38.83%	40.87%	41.05%	41.93%	40.04%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).