Taiwan Semiconductor Manufacturing (TSM) Return on Capital Employed (2009 - 2026)
Taiwan Semiconductor Manufacturing (TSM) reported Return on Capital Employed of 7.7% for Q1 2026, up 155.0% on a YoY basis from 3.02% in Q1 2025, and up 7.94% quarter-over-quarter from 7.13% in Q4 2025.
Taiwan Semiconductor Manufacturing (TSM) Return on Capital Employed (2009 - 2026) Analysis & Trends
Taiwan Semiconductor Manufacturing has reported Return on Capital Employed for 15 years, with the latest figure at 7.7% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 155.0% year-over-year to 7.7%; the trailing twelve-month figure through Mar 2026 stood at 7.7% (up 155.0% YoY), and the FY2025 full-year result was 34.3%, up 785.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 7.7%, up from 7.13% in the prior quarter.
- The five-year high for Return on Capital Employed was 30.21% in Q4 2022, with the low at 4.55% in Q1 2024.
- Historically, Return on Capital Employed has averaged 9.74% across 5 years, with a median of 6.93% in 2025.
- Annual changes were most pronounced in 2022 — Return on Capital Employed soared 682 bps — and 2023, when it sank 2556 bps.
- Taiwan Semiconductor Manufacturing's Return on Capital Employed stood at 30.21% in 2022, then plunged by 85 bps to 4.65% in 2023, then gained by 25 bps to 5.79% in 2024, then advanced by 23 bps to 7.13% in 2025, then gained by 8 bps to 7.7% in 2026.
- The last three Return on Capital Employed figures came in at 7.7% (Q1 2026), 7.13% (Q4 2025), and 6.93% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,067.76 Bn | 5,024.29 Bn | 61.16 Bn | 85.75% |
| 2 | Broadcom | 1,880.14 Bn | 1,865.96 Bn | 13.16 Bn | 18.09% |
| 3 | Micron Technology | 1,065.25 Bn | 1,050.66 Bn | 17.76 Bn | 35.36% |
| 4 | Taiwan Semiconductor Manufacturing | 994.72 Bn | 897.77 Bn | 23.77 Bn | 7.70% |
| 5 | Advanced Micro Devices | 795.92 Bn | 783.57 Bn | 5.42 Bn | 6.44% |
| 6 | Intel | 560.09 Bn | 540.89 Bn | 5.35 Bn | -2.78% |
| 7 | Texas Instruments | 264.46 Bn | 259.36 Bn | 2.80 Bn | 20.73% |
| 8 | Marvell Technology | 257.66 Bn | 253.82 Bn | 1.26 Bn | 6.23% |
| 9 | Qualcomm | 230.46 Bn | 220.66 Bn | 4.16 Bn | 25.06% |
| 10 | Analog Devices | 197.31 Bn | 193.87 Bn | 2.44 Bn | 9.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.70% |
| Dec 31, 2025 | 7.13% |
| Sep 30, 2025 | 6.93% |
| Jun 30, 2025 | 6.67% |
| Mar 31, 2025 | 6.15% |
| Dec 31, 2024 | 5.79% |
| Sep 30, 2024 | 5.22% |
| Jun 30, 2024 | 4.76% |
| Mar 31, 2024 | 4.55% |
| Dec 31, 2023 | 4.65% |
| Sep 30, 2023 | 5.50% |
| Jun 30, 2023 | 7.00% |
| Mar 31, 2023 | 12.77% |
| Dec 31, 2022 | 30.21% |
| Sep 30, 2022 | 27.22% |
| Jun 30, 2022 | 12.27% |
| Mar 31, 2022 | 11.09% |
| Dec 31, 2021 | 23.39% |
| Sep 30, 2021 | 24.28% |
| Jun 30, 2021 | 25.33% |