Taiwan Semiconductor Manufacturing Company Limited (TSM): return on equity, 10 filed years
ROE at Taiwan Semiconductor Manufacturing Company Limited was 32.1% in FY2025, the newest filed year. Across the 10 computed years from FY2016 it ranged from 21.9% (FY2018) to 34.2% (FY2022), with a median of 26.1%.
Tonight's figure on the company page: 32.1%, recomputed 2026-10-16. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.
Year by year
| Fiscal year | ROE | Read from |
|---|---|---|
| FY2016 | 24.4% | 20-F, filed 2018-04-19 |
| FY2017 | 23.1% | 20-F, filed 2018-04-19 |
| FY2018 | 21.9% | 20-F, filed 2019-04-17 |
| FY2019 | 21.9% | 20-F, filed 2020-04-15 |
| FY2020 | 27.8% | 20-F, filed 2021-04-16 |
| FY2021 | 27.6% | 20-F, filed 2022-04-14 |
| FY2022 | 34.2% | 20-F, filed 2023-04-20 |
| FY2023 | 24.8% | 20-F, filed 2024-04-18 |
| FY2024 | 27.3% | 20-F, filed 2025-04-17 |
| FY2025 | 32.1% | period ended 2025-12-31 |
How each year is computed
Net income / shareholders equity x 100
Each year is a ratio of lines in that year's filed annual report, with the nightly recompute's own rules for what counts as a filed line. Nothing is estimated, smoothed or filled in: a year that cannot be computed says why.
Read further
A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.