Taiwan Semiconductor Manufacturing (TSM) Return on Invested Capital [ROIC] (2009 - 2026)
Taiwan Semiconductor Manufacturing (TSM) reported Return on Invested Capital [ROIC] of 33.02% for the quarter ended Jun 30, 2026, up 3.71 percentage points from 29.31% a year earlier and up 1.51 percentage points from the prior quarter.
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Analysis
Taiwan Semiconductor Manufacturing (TSM) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Taiwan Semiconductor Manufacturing posted Return on Invested Capital [ROIC] of 32.89%, up 5.27 percentage points from the prior year.
- Return on Invested Capital [ROIC] has a five-year change of +5.03 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Return on Invested Capital [ROIC] came in at 27.61% in the year ended Dec 31, 2024 (+3.18 pp), 24.43% in the year ended Dec 31, 2023 (-11.57 pp), 36.00% in the year ended Dec 31, 2022 (+8.36 pp) and 27.64% in the year ended Dec 31, 2021 (-0.22 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Return on Invested Capital [ROIC] since the quarter ended Mar 31, 2013.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last eight quarters, with an average year-over-year change of +5.77 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was the quarter ended Jun 30, 2025 (a gain of 14.47 percentage points); the low point was the quarter ended Dec 31, 2023 (a drop of 8.16 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 31.52% (quarter ended Mar 31, 2026), 24.09% (quarter ended Dec 31, 2025) and 23.92% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 71.14% |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 33.02% |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 25.97% |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 53.54% |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 8.03% |
| 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 | 47.24% |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 25.26% |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.02% |
| Mar 31, 2026 | 31.52% |
| Dec 31, 2025 | 24.09% |
| Sep 30, 2025 | 23.92% |
| Jun 30, 2025 | 29.31% |
| Mar 31, 2025 | 27.70% |
| Dec 31, 2024 | 21.09% |
| Sep 30, 2024 | 16.18% |
| Jun 30, 2024 | 14.84% |
| Mar 31, 2024 | 17.69% |
| Dec 31, 2023 | 18.23% |
| Sep 30, 2023 | 15.64% |
| Jun 30, 2023 | 17.64% |
| Mar 31, 2023 | 24.56% |
| Dec 31, 2022 | 26.39% |
| Sep 30, 2022 | 19.55% |
| Jun 30, 2022 | 17.53% |
| Mar 31, 2022 | 20.09% |
| Dec 31, 2021 | 25.92% |
| Sep 30, 2021 | 25.43% |
API Access
Taiwan Semiconductor Manufacturing Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=TSM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=TSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();