Head-to-head · free
Apple vs Taiwan Semiconductor Manufacturing
AAPL vs TSM — return on capital, cash generation, margins and balance sheet side by side.
AAPL
3 / 9
measures where AAPL leads
TSM
6 / 9
measures where TSM leads
A simple count of which company scores better on each measure — not a recommendation to buy or sell.
| Measure | AAPL · FY2026 | TSM · FY2025 |
|---|---|---|
| Revenue | $478.8B | $3.85T |
| Net income | $132.2B | $1.74T |
| Revenue growth (yearly, multi-year) | 5.0% | 24.8% |
| Free cash flow | $136.1B | $992.4B |
| Free cash flow margin | 28.4% | 25.8% |
| Net cash / (debt) | — | $1.70T |
| ROIC | 68.5% | 26.3% |
| Return on equity | 142.3% | 35.4% |
| Gross margin | 48.8% | 59.9% |
| Operating margin | 33.0% | 50.8% |
| Net debt / EBITDA | 0.26x | — |
Figures are as reported by each company; latest fiscal year shown.
Where Apple's cash went (FY2026)
- Capital spending
- $9.0B
- Buybacks
- —
- Dividends
- —
- Acquisitions
- —
- Net debt issued / (repaid)
- —
Where Taiwan Semiconductor Manufacturing's cash went (FY2025)
- Capital spending
- $1.28T
- Buybacks
- $0
- Dividends
- $466.8B
- Acquisitions
- $0
- Net debt issued / (repaid)
- $40.9B
Ask which business is stronger
"Which one reinvests at higher returns?" "Who carries more risk in its filings?" Get answers drawn straight from both companies' filings.
Compare them free