AAPL vs. TSM: Apple vs. TSMC Stock Comparison
How do Apple (AAPL) and TSMC (TSM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Apple (AAPL) and TSMC (TSM) share the Information Technology sector but sit in different industry groups — AAPL in Technology Hardware & Equipment and TSM in Semiconductors & Semiconductor Equipment.
Apple (AAPL) trades as ordinary local shares, while TSMC (TSM) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | AAPL | TSM |
|---|---|---|
| Name | Apple Inc. | Taiwan Semiconductor Manufacturing Co. Ltd. ADR |
| Country/Region | United States | Taiwan |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Technology Hardware & Equipment | Semiconductors & Semiconductor Equipment |
| GICS Industry | Technology Hardware, Storage & Peripherals | Semiconductors & Semiconductor Equipment |
| GICS Sub-Industry | Technology Hardware, Storage & Peripherals | Semiconductors |
| Market Capitalization | 4,631.22 billion USD | 2,251.50 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | December 12, 1980 | October 9, 1997 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AAPL | TSM |
|---|---|---|
| Total Return (1Y) | 49.04% | 91.03% |
| Total Return (3Y, Annualized) | 19.24% | 65.58% |
| Total Return (5Y, Annualized) | 17.39% | 31.33% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AAPL | TSM |
|---|---|---|
| Volatility (1Y, Annualized) | 24.11% | 39.46% |
| Beta (5Y) | 1.09 | 1.37 |
| Max Drawdown (5Y) | -33.36% | -56.47% |
| Avg. Volume (3M) | 54.02M | 13.98M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AAPL | TSM |
|---|---|---|
| Sharpe Ratio (1Y) | 1.87 | 2.20 |
| Sortino Ratio (1Y) | 2.96 | 3.43 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Apple (AAPL) at 141.47% is the standout with ROE above its industry range; TSMC (TSM) at 36.21% also sits in the top quartile.
AAPL
Technology Hardware & Equipment industry group
141.47%
- AAPL
- 141.47%
- Max
- 44.16%
- Q3
- 19.42%
- Median
- 10.99%
- Q1
- 1.30%
- Min
- -25.17%
TSM
Semiconductors & Semiconductor Equipment industry group
36.21%
- Max
- 39.69%
- TSM
- 36.21%
- Q3
- 17.11%
- Median
- 6.75%
- Q1
- -4.42%
- Min
- -35.15%
Net Margin (TTM)
For every dollar of sales, both Apple (AAPL) at 27.15% and TSMC (TSM) at 46.51% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
AAPL
Technology Hardware & Equipment industry group
27.15%
- Max
- 30.43%
- AAPL
- 27.15%
- Q3
- 12.35%
- Median
- 4.70%
- Q1
- 0.00%
- Min
- -14.09%
TSM
Semiconductors & Semiconductor Equipment industry group
46.51%
- Max
- 57.72%
- TSM
- 46.51%
- Q3
- 21.04%
- Median
- 7.16%
- Q1
- -3.57%
- Min
- -32.92%
Operating Margin (TTM)
Both Apple (AAPL) at 32.28% and TSMC (TSM) at 58.11% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
AAPL
Technology Hardware & Equipment industry group
32.28%
- AAPL
- 32.28%
- Max
- 32.28%
- Q3
- 15.32%
- Median
- 6.62%
- Q1
- 1.88%
- Min
- -18.24%
TSM
Semiconductors & Semiconductor Equipment industry group
58.11%
- Max
- 61.85%
- TSM
- 58.11%
- Q3
- 21.10%
- Median
- 10.43%
- Q1
- -7.89%
- Min
- -46.64%
Profitability Metrics
| Metric | AAPL | TSM |
|---|---|---|
| ROE (TTM) | 141.47% | 36.21% |
| ROA (TTM) | 26.23% | 17.32% |
| Net Margin (TTM) | 27.15% | 46.51% |
| Operating Margin (TTM) | 32.28% | 58.11% |
| Gross Margin (TTM) | 47.86% | 61.87% |
Growth
Revenue Growth
Revenue Growth Metrics
| Metric | AAPL | TSM |
|---|---|---|
| Revenue Growth (YoY) | 6.43% | 31.61% |
| Revenue Growth (3Y CAGR) | 1.81% | 18.94% |
EPS Growth
EPS Growth Metrics
| Metric | AAPL | TSM |
|---|---|---|
| EPS Growth (YoY) | 22.70% | 46.41% |
| EPS Growth (3Y CAGR) | 6.88% | 19.12% |
Financial Strength
Current Ratio (MRQ)
TSMC (TSM) at 2.49 keeps current ratio within its industry’s typical mid-range, while Apple (AAPL) at 1.07 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for AAPL.
AAPL
Technology Hardware & Equipment industry group
1.07
- Max
- 5.80
- Q3
- 3.18
- Median
- 2.01
- Q1
- 1.30
- AAPL
- 1.07
- Min
- 0.40
TSM
Semiconductors & Semiconductor Equipment industry group
2.49
- Max
- 11.30
- Q3
- 6.01
- Median
- 3.31
- TSM
- 2.49
- Q1
- 2.40
- Min
- 0.51
Debt / Equity (MRQ)
Both Apple (AAPL) at 0.80 and TSMC (TSM) at 0.18 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
AAPL
Technology Hardware & Equipment industry group
0.80
- Max
- 2.02
- Q3
- 0.87
- AAPL
- 0.80
- Median
- 0.31
- Q1
- 0.06
- Min
- 0.00
TSM
Semiconductors & Semiconductor Equipment industry group
0.18
- Max
- 1.44
- Q3
- 0.63
- Median
- 0.23
- TSM
- 0.18
- Q1
- 0.05
- Min
- 0.00
Financial Strength Metrics
| Metric | AAPL | TSM |
|---|---|---|
| Current Ratio (MRQ) | 1.07 | 2.49 |
| Debt / Equity (MRQ) | 0.80 | 0.18 |
| Net Debt / EBITDA | 0.10 | -0.80 |
Dividends
Dividend Yield (TTM)
Apple (AAPL) at 0.33% pays an industry-typical yield; TSMC (TSM) at 5.49% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.
AAPL
Technology Hardware & Equipment industry group
0.33%
- Max
- 0.80%
- Q3
- 0.34%
- AAPL
- 0.33%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TSM
Semiconductors & Semiconductor Equipment industry group
5.49%
- TSM
- 5.49%
- Max
- 0.63%
- Q3
- 0.26%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Apple (AAPL) at 12.59% pays out a band-typical share of earnings, while TSMC (TSM) at 27.93% distributes more than its industry norm — less retained, thinner cover.
AAPL
Technology Hardware & Equipment industry group
12.59%
- Max
- 36.36%
- Q3
- 14.56%
- AAPL
- 12.59%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TSM
Semiconductors & Semiconductor Equipment industry group
27.93%
- Max
- 47.82%
- TSM
- 27.93%
- Q3
- 20.31%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AAPL | TSM |
|---|---|---|
| Dividend Yield (TTM) | 0.33% | 5.49% |
| Dividend Payout Ratio (TTM) | 12.59% | 27.93% |
Valuation
P/E Ratio (TTM)
TSMC (TSM) at 37.75 sits in the cheaper P/E ratio quartile, while Apple (AAPL) at 38.17 is closer to its industry’s usual earnings multiple — a discount for TSM, though growth and earnings durability still matter.
AAPL
Technology Hardware & Equipment industry group
38.17
- Max
- 158.43
- Q3
- 78.57
- Median
- 38.62
- AAPL
- 38.17
- Q1
- 22.87
- Min
- 8.97
TSM
Semiconductors & Semiconductor Equipment industry group
37.75
- Max
- 240.23
- Q3
- 131.85
- Median
- 66.66
- Q1
- 44.38
- TSM
- 37.75
- Min
- 11.03
P/S Ratio (TTM)
TSMC (TSM) at 0.55 looks cheap on sales in the lower P/S ratio quartile, while Apple (AAPL) at 10.26 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
AAPL
Technology Hardware & Equipment industry group
10.26
- Max
- 17.05
- AAPL
- 10.26
- Q3
- 7.85
- Median
- 3.64
- Q1
- 1.40
- Min
- 0.00
TSM
Semiconductors & Semiconductor Equipment industry group
0.55
- Max
- 39.03
- Q3
- 20.18
- Median
- 10.05
- Q1
- 4.22
- TSM
- 0.55
- Min
- 0.01
P/B Ratio (MRQ)
Measured against book value, both Apple (AAPL) at 43.43 and TSMC (TSM) at 98.35 look expensive — each P/B ratio sits above its industry’s benchmark range.
AAPL
Technology Hardware & Equipment industry group
43.43
- AAPL
- 43.43
- Max
- 18.13
- Q3
- 8.62
- Median
- 4.13
- Q1
- 2.17
- Min
- -0.74
TSM
Semiconductors & Semiconductor Equipment industry group
98.35
- TSM
- 98.35
- Max
- 26.14
- Q3
- 13.12
- Median
- 7.47
- Q1
- 3.68
- Min
- 0.19
Valuation Metrics
| Metric | AAPL | TSM |
|---|---|---|
| P/E Ratio (TTM) | 38.17 | 37.75 |
| P/S Ratio (TTM) | 10.26 | 0.55 |
| P/B Ratio (MRQ) | 43.43 | 98.35 |
| Free Cash Flow Yield (TTM) | 2.18% | 31.94% |