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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Tower Semiconductor Ltd. (TSEM) Quarterly Financial Ratios

Last 48 quarters of trend data · Technology · Semiconductors

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Tower Semiconductor Ltd.'s quarterly P/E stands at 41.9x, up 59.6% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 106.8% YoY to 22.6x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
P/E Ratio →64.3741.9438.4626.4325.4726.2822.5820.4720.9115.902.0020.3916.59
—+59.6%+70.3%+29.1%+21.8%+65.3%+1029.1%+0.4%+26.0%+10.4%-88.7%-6.4%-32.8%
P/S Ratio8.977.615.203.302.823.763.363.132.852.411.912.923.32
—+102.7%+54.7%+5.3%-1.3%+55.6%+76.1%+7.3%-14.0%-18.7%-33.1%-2.5%+4.4%
P/B Ratio4.884.622.901.771.492.201.911.751.521.401.162.082.39
—+109.5%+52.1%+1.0%-1.5%+57.5%+64.1%-15.6%-36.5%-44.8%-58.1%-31.4%-26.0%
P/FCF——57.22103.02—498.20—2341.4377.66—2.27——
———-95.6%——————-85.6%——
EV / EBITDA28.0922.6315.9710.539.1510.9410.128.969.847.631.548.937.67
—+106.8%+57.9%+17.5%-7.0%+43.4%+556.4%+0.3%+28.4%+0.2%-80.0%-5.0%-24.2%
EV / EBIT71.9347.0733.2222.2229.8130.8521.9722.1224.251.9413.5920.5120.15
—+52.6%+51.2%+0.4%+22.9%+1487.1%+61.7%+7.9%+20.3%-83.8%-4.6%+12.0%-6.1%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Tower Semiconductor Ltd.'s operating margin was 16.1% in Q4 2025, up 3.3 pp QoQ and up 4.1 pp YoY. This marks the 4th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 12.2% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 19.1% YoY, indicating pricing power or improving input costs.

Margins

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Gross Margin23.2%26.7%23.5%21.5%20.4%22.4%25.1%24.8%22.2%24.0%24.3%24.2%26.9%
—+19.1%-6.4%-13.1%-7.9%-6.5%+3.6%+2.2%-17.6%-22.4%-16.8%-8.2%+8.3%
Operating Margin12.4%16.1%12.8%10.7%9.2%12.0%15.0%15.7%10.4%12.8%101.1%14.1%25.1%
—+34.2%-15.1%-31.8%-11.6%-6.6%-85.1%+11.0%-58.7%-39.2%+445.2%-14.7%+67.9%
Net Margin14.1%18.2%13.6%12.5%11.2%14.2%14.7%15.2%13.6%15.3%95.5%14.3%20.1%
—+27.8%-8.1%-17.8%-17.8%-7.0%-84.6%+6.2%-32.1%-25.9%+490.0%+5.2%+56.5%

Return on Capital

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
ROE8.0%2.8%1.9%1.7%1.5%2.1%2.1%2.1%1.8%2.3%15.7%2.6%3.7%
—+32.9%-10.4%-20.9%-17.7%-6.8%-86.4%-16.3%-50.6%-50.7%+290.5%-26.0%+11.9%
ROA6.9%2.4%1.7%1.5%1.3%1.8%1.8%1.8%1.5%1.9%12.7%2.0%2.8%
—+35.7%-8.4%-18.0%-14.3%-4.0%-85.8%-10.1%-45.7%-44.6%+333.9%-20.8%+16.1%
ROIC5.4%1.9%1.4%1.1%1.0%1.4%1.7%1.7%1.1%1.5%13.0%2.0%3.6%
—+39.5%-16.7%-33.6%-9.4%-5.7%-87.1%-13.8%-70.5%-60.8%+270.6%-35.0%+30.7%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Tower Semiconductor Ltd.'s Debt/EBITDA ratio is 1.1x, down from 1.3x last quarter — comfortably within a safe range. Debt/Equity has declined for 3 consecutive quarters, reflecting a deleveraging trend.

MetricTTMQ4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23Q3 '23Q2 '23Q1 '23
Debt / Equity0.060.060.060.060.060.070.070.070.090.100.100.110.12
—-18.8%-21.9%-15.2%-29.3%-28.2%-23.5%-31.6%-31.0%-33.8%-35.5%-34.0%-23.9%
Debt / EBITDA0.321.101.291.541.521.381.601.562.242.100.531.931.61
—-20.6%-19.1%-1.3%-32.3%-34.2%+200.9%-19.2%+39.5%+19.5%-68.9%-5.2%-20.0%
Current Ratio6.486.486.616.576.936.185.825.905.386.176.654.774.19
—+5.0%+13.6%+11.5%+28.7%+0.0%-12.5%+23.6%+28.4%+60.0%+76.1%+25.2%+8.0%
Quick Ratio5.515.515.545.505.825.234.894.944.465.155.473.683.18
—+5.2%+13.3%+11.3%+30.6%+1.6%-10.6%+34.5%+40.3%+67.3%+80.1%+18.9%+2.0%
Interest Coverage—————————8.67———
—————————————

Download Financial Ratios Data

Includes 30+ ratios · 48 years · Updated daily

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Frequently Asked Questions

What is Tower Semiconductor Ltd.'s quarterly P/E ratio trend?

Tower Semiconductor Ltd.'s current P/E is 64.4x. The average P/E over the last 4 quarters is 33.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Tower Semiconductor Ltd.'s margins change by quarter?

Tower Semiconductor Ltd.'s current operating margin is 12.4%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at TSEM quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Tower Semiconductor Ltd.'s business trajectory between earnings reports.

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