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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Taiwan Semiconductor Manufacturing Co's retained earnings for the quarter that ended in Mar. 2026 was $5,193,142 Mil.
Taiwan Semiconductor Manufacturing Co's quarterly retained earnings
increased
from Sep. 2025 ($4,260,829 Mil) to Dec. 2025 ($4,640,513 Mil) and
increased
from Dec. 2025 ($4,640,513 Mil) to Mar. 2026 ($5,193,142 Mil).
Taiwan Semiconductor Manufacturing Co's annual retained earnings
increased
from Dec. 2023 ($2,817,493 Mil) to Dec. 2024 ($3,561,826 Mil) and
increased
from Dec. 2024 ($3,561,826 Mil) to Dec. 2025 ($4,640,513 Mil).
Taiwan Semiconductor Manufacturing Co (LIM:TSMUS) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Taiwan Semiconductor Manufacturing Co Retained Earnings Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Taiwan Semiconductor Manufacturing Co Retained Earnings Chart
Taiwan Semiconductor Manufacturing Co Retained Earnings Calculation
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of $5,193,142 Mil mean?
Taiwan Semiconductor Manufacturing Co (LIM:TSMUS) has a Retained Earnings of $5,193,142 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Taiwan Semiconductor Manufacturing Co and its competitors.
Is Taiwan Semiconductor Manufacturing Co's Retained Earnings too high?
Taiwan Semiconductor Manufacturing Co's current Retained Earnings is $5,193,142 Mil. Overall, Taiwan Semiconductor Manufacturing Co has a GF Score™ of 100/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Semiconductor Manufacturing Co's Retained Earnings compare to ?
Taiwan Semiconductor Manufacturing Co's Retained Earnings of $5,193,142 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Semiconductors company?
A good Retained Earnings depends on the Semiconductors industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Taiwan Semiconductor Manufacturing Co and its competitors. Taiwan Semiconductor Manufacturing Co's current Retained Earnings is $5,193,142 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Semiconductor Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Semiconductor Manufacturing Co (LIM:TSMUS) is currently considered Significantly Overvalued. The stock's GF Value™ is $295.12, compared to a current price of $427.29 — trading 44.8% above its estimated fair value. The current Retained Earnings is $5,193,142 Mil. Taiwan Semiconductor Manufacturing Co's overall GF Score™ is 100/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Taiwan Semiconductor Manufacturing Co (LIM:TSMUS), the current Retained Earnings is $5,193,142 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Taiwan Semiconductor Manufacturing Co (LIM:TSMUS) Overvalued in 2026?
Based on GuruFocus' analysis, Taiwan Semiconductor Manufacturing Co stock appears to be overvalued.
The current stock price of $427.29 is trading 44.8% above its estimated GF Value™ of $295.12.
GuruFocus considers Taiwan Semiconductor Manufacturing Co to be Significantly Overvalued.
Key valuation signals for LIM:TSMUS:
Retained Earnings: $5,193,142 Mil
GF Value™: $295.12 vs. price of $427.29 (44.8% above fair value)
No single metric tells the full story. See the LIM:TSMUS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiwan Semiconductor Manufacturing Co Business Description
Taiwan Semiconductor Manufacturing Co. is the world's largest dedicated chip foundry, with about 70% market share in 2025. TSMC was founded in 1987 as a joint venture of Philips, the government of Taiwan, and private investors. It went public in Taiwan in 1994 and as an ADR in the US in 1997. TSMC's scale and high-quality technology allow the firm to generate solid operating margins, even in the highly competitive foundry business. Furthermore, the shift to the fabless business model has created tailwinds for TSMC. The foundry leader has an illustrious base of customers, including Apple, AMD, and Nvidia, that look to apply its cutting-edge process technologies to their semiconductor designs. TSMC employs more than 83,000 people.
100GF Score
Get the complete analysis for LIM:TSMUS
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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