EI Earnings Insight Lab
Taiwan Semiconductor Manufacturing Co. Ltd.

Taiwan Semiconductor Manufacturing Co. Ltd. FY 2023 Earnings Analysis

Reported on 2024-04-18 / Fiscal Year FY 2023
Revenue Down YoY EPS Below Prior Year Weak Year
Taiwan Semiconductor Manufacturing Co. Ltd. faced a challenging FY 2023, with pressure on both growth and profitability.

Revenue declined 4.5% year over year. Year-over-year earnings remained under pressure, showing that the recovery in profitability is still incomplete.

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Source: Company filings / processed earnings data
Revenue
$2,161.7B
YoY: -4.5124%
QoQ: N/A
Net Income
$851.7B
YoY: -14.219%
QoQ: N/A
EPS (Diluted)
$164.25
YoY: -14.21%
Net Margin
39.4%
YoY: -4.46 pts
QoQ: N/A
Gross Margin
54.4%
Operating Margin
42.6%
Growth

Revenue trend

Revenue trend remains stable.

Profitability

Margin and earnings quality

Profitability was broadly stable.

Investor Focus

What matters next

Investor focus is likely to remain on whether management can restore earnings momentum over coming quarters.

Revenue & YoY Growth

Annual

Revenue trend and year-over-year growth across recent reported annual periods.

Net Income & Net Margin

Annual

Net income and net margin trend over recent reported annual periods.

Revenue Analysis

Taiwan Semiconductor Manufacturing Co. Ltd. reported $2,161.7B in revenue for FY 2023, down 4.5% YoY. The year-over-year decline indicates ongoing pressure on topline performance.

Revenue Snapshot
Current Fiscal Year $2,161.7B
Previous Fiscal Year $2,263.9B
YoY Change -4.5%

Profitability Analysis

Net income came in at $851.7B, down 14.2% YoY. Net margin was 39.4%. Sequential margin deterioration suggests profitability remains under pressure.

Profitability Snapshot
Net Income $851.7B
EPS $164.25
Net Margin 39.4%
YoY Margin Change -4.5 pts

Frequently Asked Questions

Quick factual answers for this report. Need the why behind them? Ask the report assistant.

What was Taiwan Semiconductor Manufacturing Co. Ltd.'s revenue in FY 2023?

Taiwan Semiconductor Manufacturing Co. Ltd. reported revenue of $2,161.7B in FY 2023.

What was Taiwan Semiconductor Manufacturing Co. Ltd.'s net income in FY 2023?

Taiwan Semiconductor Manufacturing Co. Ltd. reported net income of $851.7B in FY 2023.

How did Taiwan Semiconductor Manufacturing Co. Ltd.'s revenue change year over year?

Taiwan Semiconductor Manufacturing Co. Ltd.'s revenue decreased by 4.5% year over year in FY 2023.

What was Taiwan Semiconductor Manufacturing Co. Ltd.'s net margin in FY 2023?

Taiwan Semiconductor Manufacturing Co. Ltd.'s net margin was 39.4% in FY 2023.

Related
Taiwan Semiconductor Manufacturing Co. Ltd. FY 2022 Earnings

Compare this fiscal year with the previous annual earnings report.

Related
Taiwan Semiconductor Manufacturing Co. Ltd. Company Overview

Explore company profile, industry, and historical context.

Related
Taiwan Semiconductor Manufacturing Co. Ltd. Revenue & Profit Trends

View more quarterly financial trend pages for this company.

Data Source & Methodology

Financial data is sourced from company filings and internal processed earnings data.

YoY and QoQ values are derived from reported quarterly figures when not directly available.

This page is for informational purposes only and does not constitute investment advice.

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