Tower Semiconductor Ltd.(TSEM)Earnings, Financials & Key Ratios
TSEM•NASDAQ
147.8× P/E·Price updated Jun 19, 2026
SectorTechnologyIndustrySemiconductorsSub-IndustrySemiconductor Foundries and Manufacturing Services
AboutTower Semiconductor Ltd., an independent semiconductor foundry, manufactures and markets analog intensive mixed-signal semiconductor devices in the United States, Japan, other Asia countries, and Europe. It provides various customizable process technologies, including SiGe, BiCMOS, mixed signal/CMOS, RF CMOS, CMOS image sensor, integrated power management, and MEMS. The company also offers wafer fabrication services and design enablement platform for design cycle, as well as transfer optimization and development process services to integrated device manufacturers and fabless companies. It serves various markets, such as consumer electronics, personal computers, communications, automotive, industrial, aerospace, military, and medical device products. The company was incorporated in 1993 and is headquartered in Migdal Haemek, Israel.Show more
- Revenue$1.57B+9.1%
- EBITDA$497M+8.7%
- Net Income$220M+6.1%
- EPS (Diluted)1.94+4.9%
- Gross Margin23.23%-1.7%
- EBITDA Margin31.75%-0.3%
- Operating Margin12.4%-6.9%
- Net Margin14.08%-2.7%
- ROE7.95%-3.1%
TSEM Key Insights
Tower Semiconductor Ltd. (TSEM) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Strong 5Y profit CAGR of 21.8%
- ✓Momentum leader: RS Rating 97 (top 3%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Healthy 5Y average net margin of 18.1%
✗Weaknesses
- ✗Negative free cash flow
- ✗Expensive at 11.2x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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TSEM Price & Volume
Tower Semiconductor Ltd. (TSEM) stock price & volume — 10-year historical chart
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TSEM Growth Metrics
Tower Semiconductor Ltd. (TSEM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years5.01%
5 Years4.35%
3 Years-2.27%
TTM10.53%
Profit CAGR
10 Years-
5 Years21.78%
3 Years-5.9%
TTM20.65%
EPS CAGR
10 Years-
5 Years20.61%
3 Years-6.72%
TTM18.78%
Return on Capital
10 Years11.75%
5 Years12.09%
3 Years12.15%
Last Year6.63%
TSEM Recent Earnings
Tower Semiconductor Ltd. (TSEM) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 13, 2026Metric
Actual
Est
EPS
$0.65+15.5%
$0.56
Rev
$414M+0.7%
$411M
Q1 2026
Feb 11, 2026Metric
Actual
Est
EPS
$0.78+16.4%
$0.67
Rev
$440M+0.1%
$440M
Q4 2025
Nov 10, 2025Metric
Actual
Est
EPS
$0.55+1.3%
$0.54
Rev
$396M+0.2%
$395M
Q3 2025
Aug 4, 2025Metric
Actual
Est
EPS
$0.50+6.4%
$0.47
Rev
$372M-5.8%
$395M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 13, 2026 | $0.65vs $0.56+15.5% | $414Mvs $411M+0.7% |
| Q1 2026 | Feb 11, 2026 | $0.78vs $0.67+16.4% | $440Mvs $440M+0.1% |
| Q4 2025 | Nov 10, 2025 | $0.55vs $0.54+1.3% | $396Mvs $395M+0.2% |
| Q3 2025 | Aug 4, 2025 | $0.50vs $0.47+6.4% | $372Mvs $395M-5.8% |
Based on last 12 quarters of dataView full earnings history →
TSEM Peer Comparison
Tower Semiconductor Ltd. (TSEM) competitors in Semiconductor Foundries and Manufacturing Services — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 GFS | 47.76B | 85.83 | 53.98 | 0.61% | 13.03% | 7.64% | 0.14 | |
 UMC | 60.06B | 24.08 | 45.53 | 2.26% | 20.82% | 13.5% | 0.16 | |
 INTC | 672.77B | 133.99 | -2274.87 | -0.47% | -5.9% | -2.68% | 0.37 | |
 ON | 47.66B | 121.62 | 419.38 | -15.35% | 9.46% | 7.43% | 0.45 | |
 WOLF | 2.59B | 57.43 | -1.68 | -6.14% | -222.23% | -52.09% | ||
 SWKS | 10.9B | 72.45 | 23.52 | -2.18% | 8.93% | 6.3% | 0.21 | |
 QRVO | 9.12B | 98.42 | 27.19 | -1.09% | 9.22% | 9.69% | 0.46 | |
 AMAT | 489.96B | 617.11 | 71.26 | 4.39% | 29.31% | 39.78% | 0.35 |
Compare TSEM vs Peers
Tower Semiconductor Ltd. (TSEM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TSEM Income Statement
Tower Semiconductor Ltd. (TSEM) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 1.39B | 1.3B | 1.23B | 1.27B | 1.51B | 1.68B | 1.42B | 1.44B | 1.57B | 1.62B |
Revenue Growth % | 11.02% | -6% | -5.37% | 2.57% | 19.16% | 11.24% | -15.2% | 0.94% | 9.05% | 10.53% |
Cost of Goods Sold | 1.03B | 1.01B | 1B | 1.03B | 1.18B | 1.21B | 1.07B | 1.1B | 1.2B | 1.22B |
COGS % of Revenue | 74.46% | 77.54% | 81.39% | 81.57% | 78.18% | 72.2% | 75.15% | 76.36% | 76.77% | - |
Gross Profit | 354.31M▲ 0% | 292.95M▼ 17.3% | 229.67M▼ 21.6% | 233.32M▲ 1.6% | 329.12M▲ 41.1% | 466.31M▲ 41.7% | 353.52M▼ 24.2% | 339.44M▼ 4.0% | 363.85M▲ 7.2% | 401.63M▲ 0% |
Gross Margin % | 25.54% | 22.46% | 18.61% | 18.43% | 21.82% | 27.8% | 24.85% | 23.64% | 23.23% | 24.77% |
Gross Profit Growth % | 16.89% | -17.32% | -21.6% | 1.59% | 41.06% | 41.68% | -24.19% | -3.98% | 7.19% | - |
Operating Expenses | 134.46M | 138M | 142.96M | 142.28M | 162.61M | 154.63M | -193.75M | 148.13M | 169.68M | 175.79M |
OpEx % of Revenue | 9.69% | 10.58% | 11.58% | 11.24% | 10.78% | 9.22% | -13.62% | 10.31% | 10.83% | - |
Selling, General & Admin | 66.8M | 64.95M | 67.38M | 63.97M | 77.22M | 80.28M | 72.45M | 74.96M | 83.19M | 85.94M |
SG&A % of Revenue | 4.81% | 4.98% | 5.46% | 5.05% | 5.12% | 4.79% | 5.09% | 5.22% | 5.31% | - |
Research & Development | 67.66M | 73.05M | 75.58M | 78.32M | 85.39M | 83.91M | 79.81M | 20.62M | 86.5M | 89.85M |
R&D % of Revenue | 4.88% | 5.6% | 6.12% | 6.19% | 5.66% | 5% | 5.61% | 1.44% | 5.52% | - |
Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | -9.56M | -346.01M | 52.54M | 0 | 0 |
Operating Income | 219.84M▲ 0% | 154.94M▼ 29.5% | 86.72M▼ 44.0% | 91.03M▲ 5.0% | 166.51M▲ 82.9% | 311.67M▲ 87.2% | 547.26M▲ 75.6% | 191.31M▼ 65.0% | 194.17M▲ 1.5% | 225.84M▲ 0% |
Operating Margin % | 15.85% | 11.88% | 7.03% | 7.19% | 11.04% | 18.58% | 38.47% | 13.32% | 12.4% | 13.93% |
Operating Income Growth % | 25.51% | -29.52% | -44.03% | 4.98% | 82.91% | 87.18% | 75.59% | -65.04% | 1.49% | - |
EBITDA | 428.25M | 369.33M | 301.19M | 331.56M | 437.22M | 604.31M | 805.28M | 457.59M | 497.28M | 536.31M |
EBITDA Margin % | 30.87% | 28.32% | 24.41% | 26.2% | 28.99% | 36.02% | 56.6% | 31.86% | 31.75% | 33.07% |
EBITDA Growth % | 14.89% | -13.76% | -18.45% | 10.08% | 31.87% | 38.22% | 33.26% | -43.18% | 8.67% | 11.78% |
D&A (Non-Cash Add-back) | 208.41M | 214.39M | 214.47M | 240.53M | 270.71M | 292.64M | 258.02M | 266.28M | 303.11M | 310.47M |
EBIT | 214.39M | 154.94M | 97.84M | 95.44M | 162.41M | 297.66M | 589.29M | 185.04M | 194.17M | 261.45M |
Net Interest Income | -8.47M | -12.12M | 980K | -7.57M | -6.32M | 7.91M | 35.54M | 49.63M | 46.21M | 45.13M |
Interest Income | 4.15M | 10.76M | 12.95M | 8.48M | 5.37M | 13.6M | 39.99M | 55.49M | 46.21M | 45.13M |
Interest Expense | 12.62M | 22.88M | 11.97M | 16.06M | 11.69M | 5.69M | 4.44M | 5.86M | 0 | 0 |
Other Income/Expense | -18.07M | -15.63M | 4.3M | -2.35M | -11.41M | -19.7M | 37.58M | 26.11M | 46.21M | 45.13M |
Pretax Income | 201.77M▲ 0% | 139.32M▼ 31.0% | 91.02M▼ 34.7% | 88.69M▼ 2.6% | 155.1M▲ 74.9% | 291.97M▲ 88.2% | 584.84M▲ 100.3% | 217.43M▼ 62.8% | 240.38M▲ 10.6% | 270.97M▲ 0% |
Pretax Margin % | 14.54% | 10.68% | 7.38% | 7.01% | 10.28% | 17.4% | 41.11% | 15.14% | 15.35% | 16.71% |
Income Tax | -99.89M | 5.94M | 2.95M | 5.4M | 1.02M | 25.5M | 65.31M | 10.21M | 21.57M | 24.31M |
Effective Tax Rate % | -49.51% | 4.26% | 3.24% | 6.09% | 0.66% | 8.73% | 11.17% | 4.69% | 8.97% | 8.97% |
Net Income | 298.01M▲ 0% | 135.58M▼ 54.5% | 90.05M▼ 33.6% | 82.3M▼ 8.6% | 150.01M▲ 82.3% | 264.57M▲ 76.4% | 518.49M▲ 96.0% | 207.86M▼ 59.9% | 220.47M▲ 6.1% | 245.36M▲ 0% |
Net Margin % | 21.48% | 10.4% | 7.3% | 6.5% | 9.95% | 15.77% | 36.44% | 14.47% | 14.08% | 15.13% |
Net Income Growth % | 46.14% | -54.51% | -33.58% | -8.6% | 82.27% | 76.37% | 95.98% | -59.91% | 6.06% | 20.65% |
Net Income (Continuing) | 301.66M | 133.38M | 88.07M | 83.29M | 154.07M | 266.47M | 519.53M | 207.22M | 218.81M | 246.66M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | -6.35M | -6.76M | -7.82M | -2.91M | -6.62M | -2.64M | -5.46M | -13.14M | 0 | 0 |
EPS (Diluted) | 2.90▲ 0% | 1.32▼ 54.5% | 0.84▼ 36.4% | 0.76▼ 9.5% | 1.37▲ 80.3% | 2.39▲ 74.5% | 4.66▲ 95.0% | 1.85▼ 60.3% | 1.94▲ 4.9% | 2.15▲ 0% |
EPS Growth % | 38.76% | -54.48% | -36.36% | -9.52% | 80.26% | 74.45% | 94.98% | -60.3% | 4.86% | 18.78% |
EPS (Basic) | 3.08 | 1.35 | 0.85 | 0.77 | 1.39 | 2.42 | 4.70 | 1.87 | 1.97 | - |
Diluted Shares Outstanding | 105.95M | 102.52M | 107.44M | 108.48M | 109.8M | 110.75M | 111.22M | 112.34M | 113.6M | 114.34M |
Basic Shares Outstanding | 96.65M | 100.4M | 106.26M | 107.25M | 108.28M | 109.35M | 110.29M | 111.15M | 113.64M | 114.34M |
Dividend Payout Ratio | 1.47% | - | - | - | - | - | - | - | - | - |
TSEM Balance Sheet
Tower Semiconductor Ltd. (TSEM) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 874.33M | 987.96M | 1.09B | 1.1B | 1.2B | 1.5B | 1.71B | 1.76B | 1.71B | 2.03B |
Cash & Short-Term Investments | 559.84M | 641.02M | 747.24M | 710.1M | 763.87M | 1.01B | 1.24B | 1.22B | 1.15B | 1.5B |
Cash Only | 445.96M | 385.09M | 355.56M | 211.68M | 210.93M | 340.76M | 260.66M | 271.89M | 235.37M | 243.31M |
Short-Term Investments | 113.87M | 255.93M | 391.68M | 498.42M | 552.94M | 665.05M | 974.53M | 946.35M | 916.54M | 1.26B |
Accounts Receivable | 149.67M | 157.41M | 140.72M | 186.7M | 161.03M | 177.47M | 180.18M | 240.76M | 222.79M | 213.84M |
Days Sales Outstanding | 39.38 | 44.06 | 41.62 | 53.84 | 38.97 | 38.61 | 46.23 | 61.19 | 51.93 | 48.67 |
Inventory | 143.31M | 170.78M | 192.26M | 199.13M | 234.51M | 302.11M | 282.69M | 268.3M | 256.86M | 254.83M |
Days Inventory Outstanding | 50.64 | 61.65 | 69.87 | 70.4 | 72.6 | 91.03 | 96.51 | 89.29 | 77.98 | 81.17 |
Other Current Assets | 9.88M | 8.58M | 0 | 0 | 0 | 0 | 0 | 0 | 78.06M | 61.72M |
Total Non-Current Assets | 799.31M | 802.02M | 844.35M | 991.23M | 1.04B | 1.05B | 1.21B | 1.32B | 1.61B | 1.67B |
Property, Plant & Equipment | 635.12M | 657.23M | 699.77M | 858.16M | 890.8M | 972.61M | 1.17B | 1.29B | 1.46B | 1.53B |
Fixed Asset Turnover | 2.18x | 1.98x | 1.76x | 1.47x | 1.69x | 1.72x | 1.22x | 1.11x | 1.07x | 1.11x |
Goodwill | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 0 | 0 |
Intangible Assets | 19.84M | 16.73M | 13.46M | 10.96M | 11.82M | 9.84M | 5.12M | 5.77M | 0 | 0 |
Long-Term Investments | 26.07M | 35.95M | 40.09M | 40.89M | 32.03M | 6.72M | 6.78M | 6.78M | 0 | 0 |
Other Non-Current Assets | 0 | 11.65M | 17.68M | 16.42M | 39.87M | 23.47M | 22.96M | 4.38M | 149.61M | 142.4M |
Total Assets | 1.67B▲ 0% | 1.79B▲ 7.0% | 1.93B▲ 8.0% | 2.09B▲ 8.3% | 2.23B▲ 6.5% | 2.55B▲ 14.2% | 2.92B▲ 14.6% | 3.08B▲ 5.5% | 3.32B▲ 7.8% | 3.7B▲ 0% |
Asset Turnover | 0.83x | 0.73x | 0.64x | 0.60x | 0.68x | 0.66x | 0.49x | 0.47x | 0.47x | 0.48x |
Asset Growth % | 21.29% | 6.95% | 7.98% | 8.35% | 6.55% | 14.18% | 14.56% | 5.55% | 7.85% | 41.34% |
Total Current Liabilities | 302.37M | 203.72M | 253.06M | 272.91M | 276.33M | 387.39M | 276.84M | 285.06M | 263.75M | 360.36M |
Accounts Payable | 115.35M | 104.33M | 119.2M | 96.94M | 78.71M | 150.93M | 139.13M | 130.62M | 123.92M | 121.05M |
Days Payables Outstanding | 40.76 | 37.66 | 43.32 | 34.27 | 24.37 | 45.48 | 47.5 | 43.47 | 37.62 | 38.34 |
Short-Term Debt | 105.96M | 10.81M | 65.93M | 106.51M | 83.87M | 62.27M | 58.95M | 48.38M | 28.11M | 25.11M |
Deferred Revenue (Current) | 14.34M | 20.71M | 10.32M | 10.03M | 39.99M | 38.91M | 18.42M | 21.66M | 0 | 162.82M |
Other Current Liabilities | 7.32M | 43.97M | 7.02M | 2.97M | 5.74M | 120.12M | 1.89M | 66.91M | 111.72M | 86.9M |
Current Ratio | 2.89x | 4.85x | 4.30x | 4.04x | 4.33x | 3.86x | 6.17x | 6.18x | 6.48x | 5.63x |
Quick Ratio | 2.42x | 4.01x | 3.54x | 3.31x | 3.48x | 3.08x | 5.15x | 5.23x | 5.51x | 4.92x |
Cash Conversion Cycle | 49.26 | 68.05 | 68.17 | 89.97 | 87.2 | 84.17 | 95.24 | 107.01 | 92.29 | 91.5 |
Total Non-Current Liabilities | 341.56M | 350.05M | 333.05M | 366.33M | 339.52M | 271.68M | 214.64M | 155.24M | 153.96M | 366.16M |
Long-Term Debt | 215.9M | 209.47M | 195.92M | 146.54M | 118.62M | 210.07M | 88.36M | 132.44M | 133.41M | 130.75M |
Capital Lease Obligations | 12.82M | 36.38M | 49.9M | 137.23M | 112.36M | 0 | 84.25M | 0 | 0 | 0 |
Deferred Tax Liabilities | 63.92M | 50.4M | 45.24M | 41.29M | 23.96M | 13.01M | 10.22M | 10.13M | 0 | 0 |
Other Non-Current Liabilities | 29.83M | 25.66M | 13.8M | 15.83M | 14.62M | 7.71M | 6.1M | 4.99M | 20.55M | 20M |
Total Liabilities | 643.93M | 553.77M | 586.11M | 639.25M | 615.85M | 659.07M | 491.48M | 440.31M | 417.71M | 726.52M |
Total Debt | 334.68M | 267.48M | 311.75M | 390.28M | 314.84M | 272.34M | 231.56M | 180.81M | 161.52M | 155.86M |
Net Debt | -111.28M | -117.61M | -43.81M | 178.59M | 103.91M | -68.42M | -29.1M | -91.08M | -73.85M | -87.45M |
Debt / Equity | 0.33x | 0.22x | 0.23x | 0.27x | 0.19x | 0.14x | 0.10x | 0.07x | 0.06x | 0.05x |
Debt / EBITDA | 0.78x | 0.72x | 1.04x | 1.18x | 0.72x | 0.45x | 0.29x | 0.40x | 0.32x | 0.29x |
Net Debt / EBITDA | -0.26x | -0.32x | -0.15x | 0.54x | 0.24x | -0.11x | -0.04x | -0.20x | -0.15x | -0.16x |
Interest Coverage | 16.98x | 6.77x | 8.17x | 5.94x | 13.89x | 52.34x | 132.60x | 31.57x | - | - |
Total Equity | 1.03B▲ 0% | 1.24B▲ 20.1% | 1.35B▲ 8.9% | 1.45B▲ 8.0% | 1.62B▲ 11.0% | 1.89B▲ 16.9% | 2.43B▲ 28.5% | 2.64B▲ 8.8% | 2.9B▲ 10.0% | 2.97B▲ 0% |
Equity Growth % | 50.85% | 20.05% | 8.94% | 8.03% | 11.03% | 16.91% | 28.51% | 8.78% | 10.01% | 39.13% |
Book Value per Share | 9.72 | 12.06 | 12.53 | 13.41 | 14.71 | 17.05 | 21.82 | 23.50 | 25.57 | 26.01 |
Total Shareholders' Equity | 1.04B | 1.24B | 1.35B | 1.46B | 1.62B | 1.89B | 2.43B | 2.65B | 2.9B | 2.97B |
Common Stock | 391.73M | 418.49M | 426.11M | 431M | 435.45M | 440.15M | 443.63M | 446.56M | 2.9B | 0 |
Retained Earnings | -773.02M | -637.45M | -547.4M | -465.46M | -315.45M | -50.88M | 467.62M | 675.48M | 0 | 0 |
Treasury Stock | -9.07M | -9.07M | -9.07M | -9.07M | -9.07M | -9.07M | -9.07M | -9.07M | 0 | 0 |
Accumulated OCI | -22.76M | -23.39M | -18.24M | 108.25M | 122.02M | -47.54M | 149.41M | -74.19M | 0 | 0 |
Minority Interest | -6.35M | -6.76M | -7.82M | -2.91M | -6.62M | -2.64M | -5.46M | -13.14M | 0 | 0 |
TSEM Cash Flow Statement
Tower Semiconductor Ltd. (TSEM) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 355.63M | 312.9M | 291.32M | 276.56M | 421.29M | 529.82M | 676.56M | 448.68M | 395.48M | 819.24M |
Operating CF Margin % | 25.63% | 23.99% | 23.61% | 21.85% | 27.93% | 31.58% | 47.56% | 31.24% | 25.25% | - |
Operating CF Growth % | 8.6% | -12.02% | -6.9% | -5.07% | 52.33% | 25.76% | 27.7% | -33.68% | -11.86% | 410.02% |
Net Income | 301.66M | 133.38M | 88.07M | 82.3M | 150.01M | 264.57M | 519.53M | 207.22M | 220.47M | 245.36M |
Depreciation & Amortization | 208.41M | 214.39M | 214.47M | 240.53M | 270.71M | 292.64M | 258.02M | 266.28M | 303.11M | 311.81M |
Stock-Based Compensation | 11.65M | 12.66M | 14.55M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes | -108.46M | -5.35M | -14.55M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 2.63M | 2.44M | 6M | 12.85M | 3.74M | 19.2M | -8.68M | 24.85M | -5.12M | 30.97M |
Working Capital Changes | -169.92M | -27.52M | -17.23M | -59.12M | -3.17M | -46.59M | -92.31M | -49.67M | -122.98M | 231.29M |
Change in Receivables | -6.56M | -3.1M | 27.32M | -33.09M | 14.34M | -15.23M | -3.16M | -60.17M | -10.5M | 3.76M |
Change in Inventory | -4.28M | -26.34M | -21.02M | -2.89M | -44.19M | -77.89M | 8.68M | 4.78M | 11.8M | 18.04M |
Change in Payables | -8.65M | -3.56M | -339K | -18.58M | -25M | -20.89M | -8.25M | 35.78M | 0 | -2.9M |
Cash from Investing | -245.36M | -328.22M | -305.09M | -363.61M | -338.94M | -329.45M | -720.85M | -400.24M | -398.09M | -836.63M |
Capital Expenditures | -187.68M | -210.19M | -191.4M | -315.11M | -315.6M | -367.44M | -444.5M | -436.15M | -436.56M | -481.52M |
CapEx % of Revenue | 13.53% | 16.12% | 15.51% | 24.9% | 20.93% | 21.9% | 31.24% | 30.37% | 27.88% | 29.69% |
Acquisitions | 20.04M | 40.45M | 19.23M | 57.12M | 34.55M | 152.87M | 0 | 0 | 0 | 0 |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | 22.96M | 25.91M | 18.82M | 0 | 0 | 0 | 11.71M | 3.97M | 38.47M | -15.11M |
Cash from Financing | -23.32M | -48.13M | -17.56M | -61.19M | -76.86M | -66.65M | -30.41M | -32.45M | -33.35M | -11.77M |
Debt Issued (Net) | -50.26M | -48.85M | -19.4M | -38.34M | -41.92M | -39.84M | -32.35M | -32.45M | -33.35M | -5.96M |
Equity Issued (Net) | 0 | 0 | 1.84M | 2.51M | 458K | 44K | 0 | 0 | 0 | 0 |
Dividends Paid | -4.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Financing | 31.32M | 714K | 0 | -25.36M | -35.39M | -26.85M | 1.93M | 0 | 0 | -5.82M |
Net Change in Cash | 90.68M▲ 0% | -60.87M▼ 167.1% | -29.53M▲ 51.5% | -143.88M▼ 387.2% | -753K▲ 99.5% | 129.83M▲ 17341.6% | -80.09M▼ 161.7% | 11.23M▲ 114.0% | -36.52M▼ 425.2% | -31.51M▲ 0% |
Free Cash Flow | 167.96M▲ 0% | 102.7M▼ 38.9% | 99.92M▼ 2.7% | -37.09M▼ 137.1% | 107.48M▲ 389.8% | 163.42M▲ 52.0% | 232.06M▲ 42.0% | 12.53M▼ 94.6% | -41.08M▼ 427.9% | 326.12M▲ 0% |
FCF Margin % | 12.11% | 7.88% | 8.1% | -2.93% | 7.13% | 9.74% | 16.31% | 0.87% | -2.62% | 20.11% |
FCF Growth % | 52.73% | -38.85% | -2.71% | -137.12% | 389.76% | 52.04% | 42% | -94.6% | -427.87% | 2020.6% |
FCF per Share | 1.59 | 1.00 | 0.93 | -0.34 | 0.98 | 1.48 | 2.09 | 0.11 | -0.36 | 2.85 |
FCF Conversion (FCF/Net Income) | 1.19x | 2.31x | 3.24x | 3.36x | 2.81x | 2.00x | 1.30x | 2.16x | 1.79x | 1.33x |
Interest Paid | 14.07M | 11.84M | 7.46M | 0 | 0 | 0 | 4.52M | 4.25M | 0 | 0 |
Taxes Paid | 17.67M | 5.77M | 13.03M | 0 | 0 | 0 | 12.38M | 23.49M | 0 | 0 |
TSEM Key Ratios
Tower Semiconductor Ltd. (TSEM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 34.81% | 11.97% | 6.97% | 5.88% | 9.77% | 15.1% | 24.03% | 8.2% | 7.95% | 8.54% |
Return on Invested Capital (ROIC) | 20.74% | 11.41% | 5.37% | 4.65% | 7.45% | 13.21% | 19.46% | 5.8% | 5.41% | 6.09% |
Gross Margin | 25.54% | 22.46% | 18.61% | 18.43% | 21.82% | 27.8% | 24.85% | 23.64% | 23.23% | 24.77% |
Net Margin | 21.48% | 10.4% | 7.3% | 6.5% | 9.95% | 15.77% | 36.44% | 14.47% | 14.08% | 15.13% |
Debt / Equity | 0.33x | 0.22x | 0.23x | 0.27x | 0.19x | 0.14x | 0.10x | 0.07x | 0.06x | 0.05x |
Interest Coverage | 16.98x | 6.77x | 8.17x | 5.94x | 13.89x | 52.34x | 132.60x | 31.57x | - | - |
FCF Conversion | 1.19x | 2.31x | 3.24x | 3.36x | 2.81x | 2.00x | 1.30x | 2.16x | 1.79x | 1.33x |
Revenue Growth | 11.02% | -6% | -5.37% | 2.57% | 19.16% | 11.24% | -15.2% | 0.94% | 9.05% | 10.53% |
Related:TSEM Dividend History·TSEM Revenue History·TSEM Price History·TSEM P/E History·TSEM Financial Ratios·TSEM Institutional Holders
TSEM Frequently Asked Questions
Tower Semiconductor Ltd. (TSEM) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Tower Semiconductor Ltd. (TSEM) reported $1.62B in revenue for fiscal year 2025. This represents a 1556% increase from $97.9M in 1996.
Tower Semiconductor Ltd. (TSEM) grew revenue by 9.1% over the past year. This is steady growth.
Yes, Tower Semiconductor Ltd. (TSEM) is profitable, generating $245.4M in net income for fiscal year 2025 (14.1% net margin).
Dividend & Returns
Tower Semiconductor Ltd. (TSEM) has a return on equity (ROE) of 8.0%. This is below average, suggesting room for improvement.
Tower Semiconductor Ltd. (TSEM) generated $326.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.