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
DateValue
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%