Taiwan Semiconductor Manufacturing (TSM) Return on Capital Employed [ROCE] (2009 - 2026)
Taiwan Semiconductor Manufacturing (TSM) posted Return on Capital Employed [ROCE] of 8.47% for the quarter ended Jun 30, 2026, up 1.49 percentage points from 6.98% a year earlier but down 4.28 percentage points from the prior quarter.
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Analysis
Taiwan Semiconductor Manufacturing (TSM) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Taiwan Semiconductor Manufacturing's Return on Capital Employed [ROCE] came in at 34.30%, up 7.24 percentage points from the prior year.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +3.01 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, Taiwan Semiconductor Manufacturing's Return on Capital Employed [ROCE] was 27.05% in the year ended Dec 31, 2024 (+5.94 pp), 21.11% in the year ended Dec 31, 2023 (-11.50 pp), 32.61% in the year ended Dec 31, 2022 (+6.42 pp) and 26.19% in the year ended Dec 31, 2021 (-5.09 pp).
- Quarterly Return on Capital Employed [ROCE] has run from a low of 4.81% in the quarter ended Jun 30, 2024 to a high of 38.24% in the quarter ended Sep 30, 2022 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased in each of the last seven quarters, with an average year-over-year change of +1.86 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was the quarter ended Sep 30, 2021, with a gain of 25.51 percentage points; the weakest was the quarter ended Sep 30, 2023, with a drop of 32.74 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 12.74% (quarter ended Mar 31, 2026), 11.96% (quarter ended Dec 31, 2025) and 7.20% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 80.04% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 8.47% |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 26.30% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 60.25% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 9.27% |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | - |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | -0.05% |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 50.54% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 28.98% |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | 9.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.47% |
| 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 | 7.74% |
| Sep 30, 2023 | 5.50% |
| Jun 30, 2023 | 7.00% |
| Mar 31, 2023 | 12.77% |
| Dec 31, 2022 | 30.21% |
| Sep 30, 2022 | 38.24% |
| Jun 30, 2022 | 14.27% |
| Mar 31, 2022 | 11.09% |
| Dec 31, 2021 | 23.39% |
| Sep 30, 2021 | 31.69% |
API Access
Taiwan Semiconductor Manufacturing Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=TSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "TSM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=TSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();