Taiwan Semiconductor Manufacturing Company Limited (TSM) Return on equity 2017–2024
Taiwan Semiconductor Manufacturing Company Limited (TSM) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
27.3%FY2024 · since FY2017: 23.1% → 27.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | 27.3% | +2.5 pp |
| FY2023 | 24.8% | -9.4 pp |
| FY2022 | 34.2% | +6.6 pp |
| FY2021 | 27.6% | -0.3 pp |
| FY2020 | 27.8% | +5.9 pp |
| FY2019 | 21.9% | +0.1 pp |
| FY2018 | 21.9% | -1.2 pp |
| FY2017 | 23.1% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice