Taiwan Semiconductor Manufacturing (TSM) Return on Capital Employed (2009 - 2026)

Taiwan Semiconductor Manufacturing's (TSM) quarterly Return on Capital Employed came in at 12.74% in Q1 2026, up 242.0% YoY from 3.73% in Q1 2025, and up 6.57% on a QoQ basis from 11.96% in Q4 2025.

Taiwan Semiconductor Manufacturing (TSM) Return on Capital Employed (2009 - 2026) Analysis & Trends

Taiwan Semiconductor Manufacturing (TSM) has 18 years of Return on Capital Employed data on file, last reported at 12.74% in Q1 2026.

  • Quarterly Return on Capital Employed rose 242.0% year-over-year to 12.74% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.74% (up 242.0% YoY) and the FY2025 annual result came in at 34.3%, up 785.0% from the prior year.
  • Return on Capital Employed advanced to 12.74% in Q1 2026, from 11.96% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 12.74% in Q1 2026 to a low of 4.81% in Q2 2024.
  • A 5-year average of 8.22% and a median of 7.47% in 2024 frame the typical range for Return on Capital Employed.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed tumbled 1056 bps — and 2025, when it surged 285 bps.
  • Tracing TSM's Return on Capital Employed over 5 years: stood at 11.39% in 2022, then sank by 33 bps to 7.63% in 2023, then gained by 28 bps to 9.77% in 2024, then rose by 22 bps to 11.96% in 2025, then rose by 7 bps to 12.74% in 2026.
  • The last three Return on Capital Employed figures came in at 12.74% (Q1 2026), 11.96% (Q4 2025), and 7.2% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Nvidia 5,128.95 Bn 5,085.47 Bn 61.16 Bn 85.75%
2 Taiwan Semiconductor Manufacturing 2,163.01 Bn 2,066.06 Bn 23.77 Bn 12.74%
3 Broadcom 1,989.61 Bn 1,969.98 Bn 15.42 Bn 21.04%
4 Micron Technology 1,138.15 Bn 1,112.13 Bn 35.06 Bn 60.25%
5 Advanced Micro Devices 880.03 Bn 867.68 Bn 5.42 Bn 6.44%
6 Intel 508.64 Bn 494.51 Bn 6.51 Bn -0.05%
7 Aeluma 329.44 Bn 329.40 Bn 386,000.00 -11.35%
8 Arm Holdings 299.64 Bn 295.75 Bn 1.25 Bn 9.00%
9 Texas Instruments 258.67 Bn 251.67 Bn 3.35 Bn 22.74%
10 Marvell Technology 191.40 Bn 187.55 Bn 1.26 Bn 6.23%

Historic Data

Download Data
DateValue
Mar 31, 2026 12.74%
Dec 31, 2025 11.96%
Sep 30, 2025 7.20%
Jun 30, 2025 6.98%
Mar 31, 2025 10.33%
Dec 31, 2024 9.77%
Sep 30, 2024 5.25%
Jun 30, 2024 4.81%
Mar 31, 2024 7.47%
Dec 31, 2023 7.63%
Sep 30, 2023 5.15%
Jun 30, 2023 5.84%
Mar 31, 2023 10.45%
Dec 31, 2022 11.39%
Sep 30, 2022 6.58%
Jun 30, 2022 6.49%
Mar 31, 2022 9.75%
Dec 31, 2021 9.80%
Sep 30, 2021 15.94%
Jun 30, 2021 17.05%