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 | Taiwan Semiconductor Manufacturing | 10,613.57 Bn | 10,515.31 Bn | 23.77 Bn | 12.74% |
| 2 | Nvidia | 5,063.39 Bn | 5,013.05 Bn | 61.16 Bn | 85.75% |
| 3 | Broadcom | 1,705.26 Bn | 1,685.64 Bn | 15.42 Bn | 21.04% |
| 4 | Micron Technology | 1,025.90 Bn | 999.88 Bn | 35.06 Bn | 60.25% |
| 5 | Advanced Micro Devices | 744.26 Bn | 731.15 Bn | 6.20 Bn | 9.27% |
| 6 | Intel | 444.58 Bn | 414.86 Bn | 6.51 Bn | -0.05% |
| 7 | Arm Holdings | 254.17 Bn | 250.28 Bn | 1.25 Bn | 9.00% |
| 8 | Texas Instruments | 235.65 Bn | 228.65 Bn | 3.35 Bn | 22.74% |
| 9 | Marvell Technology | 202.40 Bn | 198.56 Bn | 1.26 Bn | 6.23% |
| 10 | Analog Devices | 180.84 Bn | 177.40 Bn | 2.44 Bn | 9.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |