TSMC (TSM) seasonality heatmap
Returns across monthly, quarterly, and yearly periods. Cell color encodes signed magnitude; the scale auto-fits each table.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +8.8% | +13.3% | -9.6% | +17.2% | +5.7% | +1.3% | — | — | — | — | — | — |
| 2025 | +6.0% | -13.8% | -7.8% | +0.4% | +16.0% | +17.5% | +6.7% | -4.4% | +21.3% | +7.6% | -3.0% | +4.5% |
| 2024 | +8.6% | +13.9% | +6.1% | +1.0% | +10.0% | +15.4% | -4.6% | +3.6% | +1.4% | +9.7% | -3.1% | +7.2% |
| 2023 | +24.5% | -6.1% | +7.3% | -9.4% | +16.9% | +2.7% | -1.8% | -5.6% | -6.8% | -0.7% | +12.7% | +7.3% |
| 2022 | +1.9% | -12.7% | -2.2% | -10.9% | +2.5% | -13.9% | +8.2% | -5.8% | -17.4% | -10.2% | +34.8% | -9.8% |
| 2021 | +11.4% | +3.6% | -5.8% | -1.3% | +0.5% | +2.7% | -2.9% | +2.0% | -5.9% | +1.8% | +3.0% | +3.0% |
| 2020 | -7.1% | -0.2% | -10.6% | +11.2% | -5.3% | +13.5% | +39.0% | +0.5% | +2.7% | +3.5% | +15.7% | +12.8% |
| 2019 | +1.9% | +3.8% | +4.9% | +7.0% | -12.5% | +4.8% | +8.8% | +0.0% | +9.7% | +11.1% | +2.8% | +10.0% |
| 2018 | +14.3% | -4.3% | +0.9% | -12.1% | +0.7% | -2.9% | +12.7% | +5.8% | +1.3% | -13.7% | -1.3% | -1.8% |
| 2017 | +7.5% | +1.8% | +4.4% | +0.7% | +6.9% | -1.1% | +2.9% | +2.8% | +1.6% | +12.7% | -6.4% | +0.1% |
| 2016 | -1.8% | +5.4% | +11.2% | -10.0% | +4.8% | +10.1% | +5.9% | +3.4% | +6.4% | +1.7% | -4.5% | -3.2% |
| 2015 | +1.4% | +8.0% | -4.3% | +4.1% | -0.7% | -3.5% | -2.6% | -10.1% | +4.4% | +5.8% | +3.7% | -0.1% |
| 2014 | -3.0% | +6.8% | +10.8% | +0.4% | +2.3% | +4.0% | -4.4% | +4.7% | -3.6% | +9.2% | +6.6% | -4.6% |
| 2013 | +3.4% | +2.9% | -5.8% | +11.0% | -2.2% | -1.8% | -4.7% | -2.5% | +2.4% | +8.6% | -3.7% | -1.7% |
| 2012 | +9.1% | +3.2% | +5.2% | +2.0% | -11.9% | +1.7% | +3.6% | +5.3% | +7.7% | +0.5% | +8.6% | -0.6% |
| 2011 | +4.3% | -6.0% | -0.9% | +10.8% | +1.2% | -3.8% | -1.9% | -3.2% | -4.5% | +10.5% | +2.4% | -0.1% |
| 2010 | -11.2% | -3.9% | +7.5% | +1.0% | -7.9% | +0.0% | +8.7% | -7.0% | +8.0% | +7.5% | -1.4% | +16.6% |
| 2009 | -4.6% | +0.0% | +18.9% | +18.0% | +3.6% | -14.0% | +17.3% | +2.3% | +2.4% | -13.0% | +9.0% | +10.0% |
| 2008 | -7.0% | +5.2% | +5.5% | +9.5% | +1.8% | -4.6% | -7.9% | +2.3% | -3.5% | -11.7% | -13.6% | +10.5% |
| 2007 | -0.2% | +1.6% | -3.1% | -1.9% | +3.6% | +7.0% | -8.8% | -2.3% | +2.0% | +5.2% | -6.9% | +0.3% |
| 2006 | +9.1% | -9.9% | +3.3% | +4.1% | -9.5% | +4.4% | -5.5% | +7.4% | +3.0% | +1.1% | +10.8% | +1.8% |
| 2005 | +3.1% | +4.4% | -7.2% | +1.4% | +7.1% | +7.8% | -5.8% | -4.1% | -0.2% | -1.6% | +18.6% | +3.3% |
| 2004 | +9.2% | -7.0% | +0.5% | -8.8% | +6.4% | -5.3% | -14.3% | +6.0% | -5.7% | +6.3% | +5.1% | +6.4% |
| 2003 | -5.1% | +5.7% | -3.2% | +22.3% | +21.0% | -0.5% | +7.1% | +17.9% | -8.2% | +2.2% | -1.7% | -5.9% |
| 2002 | -1.3% | -4.1% | +27.8% | -14.7% | -6.3% | -13.9% | -29.8% | -10.3% | -22.4% | +23.3% | +18.2% | -23.7% |
| 2001 | +39.8% | -22.0% | +3.5% | +24.3% | -18.1% | +7.1% | +7.2% | -20.3% | -26.8% | +36.0% | +23.4% | +7.7% |
| 2000 | +15.3% | +15.3% | -4.7% | -8.2% | -13.6% | +9.8% | -21.7% | +15.2% | -41.8% | +11.4% | -25.8% | +2.6% |
| 1999 | +40.9% | -2.5% | +20.9% | +1.8% | +9.0% | +30.0% | -8.7% | +14.5% | +1.9% | +17.5% | +3.3% | +25.7% |
| 1998 | +30.5% | +20.8% | -9.7% | -4.8% | -23.3% | -10.4% | +8.5% | -16.1% | +15.7% | +21.6% | +0.4% | -5.3% |
| 1997 | — | — | — | — | — | — | — | — | — | — | +11.8% | -17.5% |
| Avg | +7.2% | +0.8% | +2.2% | +2.3% | +0.3% | +2.2% | +0.4% | +0.1% | -2.0% | +5.8% | +4.1% | +1.9% |
| Median | +4.3% | +1.8% | +0.9% | +1.0% | +1.8% | +2.2% | -1.8% | +1.2% | +1.5% | +6.1% | +3.0% | +1.8% |
| Last 5Y Avg | +10.0% | -1.1% | -1.2% | -0.3% | +10.2% | +4.9% | +1.1% | -2.1% | -1.5% | +1.6% | +8.9% | +2.4% |
| Std Dev (σ) | 12.9% | 9.3% | 9.4% | 10.3% | 10.3% | 10.0% | 12.8% | 8.7% | 12.8% | 11.0% | 11.8% | 9.7% |
| Consistency (μ/σ) | 0.56 | 0.09 | 0.23 | 0.22 | 0.03 | 0.22 | 0.03 | 0.01 | -0.15 | 0.53 | 0.35 | 0.20 |
| Win Rate (%) | 69% | 55% | 55% | 66% | 62% | 54% | 46% | 54% | 57% | 79% | 62% | 59% |
| Winning / Losing Months | ▲20▼9 | ▲16▼13 | ▲16▼13 | ▲19▼10 | ▲18▼11 | ▲15▼13 | ▲13▼15 | ▲15▼13 | ▲16▼12 | ▲22▼6 | ▲18▼11 | ▲17▼12 |
| Longest Win / Loss Streak | ▲6▼4 | ▲6▼3 | ▲4▼3 | ▲8▼3 | ▲6▼3 | ▲3▼4 | ▲5▼5 | ▲3▼2 | ▲6▼6 | ▲8▼2 | ▲5▼3 | ▲7▼6 |
| Best | +40.9%in January 1999 | +20.8%in February 1998 | +27.8%in March 2002 | +24.3%in April 2001 | +21.0%in May 2003 | +30.0%in June 1999 | +39.0%in July 2020 | +17.9%in August 2003 | +21.3%in September 2025 | +36.0%in October 2001 | +34.8%in November 2022 | +25.7%in December 1999 |
| Worst | -11.2%in January 2010 | -22.0%in February 2001 | -10.6%in March 2020 | -14.7%in April 2002 | -23.3%in May 1998 | -14.0%in June 2009 | -29.8%in July 2002 | -20.3%in August 2001 | -41.8%in September 2000 | -13.7%in October 2018 | -25.8%in November 2000 | -23.7%in December 2002 |
−41.8%+40.9%
2026
Jan+8.8%
Feb+13.3%
Mar-9.6%
Apr+17.2%
May+5.7%
Jun+1.3%
Jul—
Aug—
Sep—
Oct—
Nov—
Dec—
2025
Jan+6.0%
Feb-13.8%
Mar-7.8%
Apr+0.4%
May+16.0%
Jun+17.5%
Jul+6.7%
Aug-4.4%
Sep+21.3%
Oct+7.6%
Nov-3.0%
Dec+4.5%
2024
Jan+8.6%
Feb+13.9%
Mar+6.1%
Apr+1.0%
May+10.0%
Jun+15.4%
Jul-4.6%
Aug+3.6%
Sep+1.4%
Oct+9.7%
Nov-3.1%
Dec+7.2%
2023
Jan+24.5%
Feb-6.1%
Mar+7.3%
Apr-9.4%
May+16.9%
Jun+2.7%
Jul-1.8%
Aug-5.6%
Sep-6.8%
Oct-0.7%
Nov+12.7%
Dec+7.3%
2022
Jan+1.9%
Feb-12.7%
Mar-2.2%
Apr-10.9%
May+2.5%
Jun-13.9%
Jul+8.2%
Aug-5.8%
Sep-17.4%
Oct-10.2%
Nov+34.8%
Dec-9.8%
2021
Jan+11.4%
Feb+3.6%
Mar-5.8%
Apr-1.3%
May+0.5%
Jun+2.7%
Jul-2.9%
Aug+2.0%
Sep-5.9%
Oct+1.8%
Nov+3.0%
Dec+3.0%
2020
Jan-7.1%
Feb-0.2%
Mar-10.6%
Apr+11.2%
May-5.3%
Jun+13.5%
Jul+39.0%
Aug+0.5%
Sep+2.7%
Oct+3.5%
Nov+15.7%
Dec+12.8%
2019
Jan+1.9%
Feb+3.8%
Mar+4.9%
Apr+7.0%
May-12.5%
Jun+4.8%
Jul+8.8%
Aug+0.0%
Sep+9.7%
Oct+11.1%
Nov+2.8%
Dec+10.0%
2018
Jan+14.3%
Feb-4.3%
Mar+0.9%
Apr-12.1%
May+0.7%
Jun-2.9%
Jul+12.7%
Aug+5.8%
Sep+1.3%
Oct-13.7%
Nov-1.3%
Dec-1.8%
2017
Jan+7.5%
Feb+1.8%
Mar+4.4%
Apr+0.7%
May+6.9%
Jun-1.1%
Jul+2.9%
Aug+2.8%
Sep+1.6%
Oct+12.7%
Nov-6.4%
Dec+0.1%
2016
Jan-1.8%
Feb+5.4%
Mar+11.2%
Apr-10.0%
May+4.8%
Jun+10.1%
Jul+5.9%
Aug+3.4%
Sep+6.4%
Oct+1.7%
Nov-4.5%
Dec-3.2%
2015
Jan+1.4%
Feb+8.0%
Mar-4.3%
Apr+4.1%
May-0.7%
Jun-3.5%
Jul-2.6%
Aug-10.1%
Sep+4.4%
Oct+5.8%
Nov+3.7%
Dec-0.1%
2014
Jan-3.0%
Feb+6.8%
Mar+10.8%
Apr+0.4%
May+2.3%
Jun+4.0%
Jul-4.4%
Aug+4.7%
Sep-3.6%
Oct+9.2%
Nov+6.6%
Dec-4.6%
2013
Jan+3.4%
Feb+2.9%
Mar-5.8%
Apr+11.0%
May-2.2%
Jun-1.8%
Jul-4.7%
Aug-2.5%
Sep+2.4%
Oct+8.6%
Nov-3.7%
Dec-1.7%
2012
Jan+9.1%
Feb+3.2%
Mar+5.2%
Apr+2.0%
May-11.9%
Jun+1.7%
Jul+3.6%
Aug+5.3%
Sep+7.7%
Oct+0.5%
Nov+8.6%
Dec-0.6%
2011
Jan+4.3%
Feb-6.0%
Mar-0.9%
Apr+10.8%
May+1.2%
Jun-3.8%
Jul-1.9%
Aug-3.2%
Sep-4.5%
Oct+10.5%
Nov+2.4%
Dec-0.1%
2010
Jan-11.2%
Feb-3.9%
Mar+7.5%
Apr+1.0%
May-7.9%
Jun+0.0%
Jul+8.7%
Aug-7.0%
Sep+8.0%
Oct+7.5%
Nov-1.4%
Dec+16.6%
2009
Jan-4.6%
Feb+0.0%
Mar+18.9%
Apr+18.0%
May+3.6%
Jun-14.0%
Jul+17.3%
Aug+2.3%
Sep+2.4%
Oct-13.0%
Nov+9.0%
Dec+10.0%
2008
Jan-7.0%
Feb+5.2%
Mar+5.5%
Apr+9.5%
May+1.8%
Jun-4.6%
Jul-7.9%
Aug+2.3%
Sep-3.5%
Oct-11.7%
Nov-13.6%
Dec+10.5%
2007
Jan-0.2%
Feb+1.6%
Mar-3.1%
Apr-1.9%
May+3.6%
Jun+7.0%
Jul-8.8%
Aug-2.3%
Sep+2.0%
Oct+5.2%
Nov-6.9%
Dec+0.3%
2006
Jan+9.1%
Feb-9.9%
Mar+3.3%
Apr+4.1%
May-9.5%
Jun+4.4%
Jul-5.5%
Aug+7.4%
Sep+3.0%
Oct+1.1%
Nov+10.8%
Dec+1.8%
2005
Jan+3.1%
Feb+4.4%
Mar-7.2%
Apr+1.4%
May+7.1%
Jun+7.8%
Jul-5.8%
Aug-4.1%
Sep-0.2%
Oct-1.6%
Nov+18.6%
Dec+3.3%
2004
Jan+9.2%
Feb-7.0%
Mar+0.5%
Apr-8.8%
May+6.4%
Jun-5.3%
Jul-14.3%
Aug+6.0%
Sep-5.7%
Oct+6.3%
Nov+5.1%
Dec+6.4%
2003
Jan-5.1%
Feb+5.7%
Mar-3.2%
Apr+22.3%
May+21.0%
Jun-0.5%
Jul+7.1%
Aug+17.9%
Sep-8.2%
Oct+2.2%
Nov-1.7%
Dec-5.9%
2002
Jan-1.3%
Feb-4.1%
Mar+27.8%
Apr-14.7%
May-6.3%
Jun-13.9%
Jul-29.8%
Aug-10.3%
Sep-22.4%
Oct+23.3%
Nov+18.2%
Dec-23.7%
2001
Jan+39.8%
Feb-22.0%
Mar+3.5%
Apr+24.3%
May-18.1%
Jun+7.1%
Jul+7.2%
Aug-20.3%
Sep-26.8%
Oct+36.0%
Nov+23.4%
Dec+7.7%
2000
Jan+15.3%
Feb+15.3%
Mar-4.7%
Apr-8.2%
May-13.6%
Jun+9.8%
Jul-21.7%
Aug+15.2%
Sep-41.8%
Oct+11.4%
Nov-25.8%
Dec+2.6%
1999
Jan+40.9%
Feb-2.5%
Mar+20.9%
Apr+1.8%
May+9.0%
Jun+30.0%
Jul-8.7%
Aug+14.5%
Sep+1.9%
Oct+17.5%
Nov+3.3%
Dec+25.7%
1998
Jan+30.5%
Feb+20.8%
Mar-9.7%
Apr-4.8%
May-23.3%
Jun-10.4%
Jul+8.5%
Aug-16.1%
Sep+15.7%
Oct+21.6%
Nov+0.4%
Dec-5.3%
1997
Jan—
Feb—
Mar—
Apr—
May—
Jun—
Jul—
Aug—
Sep—
Oct—
Nov+11.8%
Dec-17.5%
Avg
Jan+7.2%
Feb+0.8%
Mar+2.2%
Apr+2.3%
May+0.3%
Jun+2.2%
Jul+0.4%
Aug+0.1%
Sep-2.0%
Oct+5.8%
Nov+4.1%
Dec+1.9%
Median
Jan+4.3%
Feb+1.8%
Mar+0.9%
Apr+1.0%
May+1.8%
Jun+2.2%
Jul-1.8%
Aug+1.2%
Sep+1.5%
Oct+6.1%
Nov+3.0%
Dec+1.8%
Last 5Y Avg
Jan+10.0%
Feb-1.1%
Mar-1.2%
Apr-0.3%
May+10.2%
Jun+4.9%
Jul+1.1%
Aug-2.1%
Sep-1.5%
Oct+1.6%
Nov+8.9%
Dec+2.4%
Std Dev (σ)
Jan12.9%
Feb9.3%
Mar9.4%
Apr10.3%
May10.3%
Jun10.0%
Jul12.8%
Aug8.7%
Sep12.8%
Oct11.0%
Nov11.8%
Dec9.7%
Consistency (μ/σ)
Jan0.56
Feb0.09
Mar0.23
Apr0.22
May0.03
Jun0.22
Jul0.03
Aug0.01
Sep-0.15
Oct0.53
Nov0.35
Dec0.20
Win Rate (%)
Jan69%
Feb55%
Mar55%
Apr66%
May62%
Jun54%
Jul46%
Aug54%
Sep57%
Oct79%
Nov62%
Dec59%
Winning / Losing Months
Jan▲20▼9
Feb▲16▼13
Mar▲16▼13
Apr▲19▼10
May▲18▼11
Jun▲15▼13
Jul▲13▼15
Aug▲15▼13
Sep▲16▼12
Oct▲22▼6
Nov▲18▼11
Dec▲17▼12
Longest Win / Loss Streak
Jan▲6▼4
Feb▲6▼3
Mar▲4▼3
Apr▲8▼3
May▲6▼3
Jun▲3▼4
Jul▲5▼5
Aug▲3▼2
Sep▲6▼6
Oct▲8▼2
Nov▲5▼3
Dec▲7▼6
Best
Jan+40.9%1999
Feb+20.8%1998
Mar+27.8%2002
Apr+24.3%2001
May+21.0%2003
Jun+30.0%1999
Jul+39.0%2020
Aug+17.9%2003
Sep+21.3%2025
Oct+36.0%2001
Nov+34.8%2022
Dec+25.7%1999
Worst
Jan-11.2%2010
Feb-22.0%2001
Mar-10.6%2020
Apr-14.7%2002
May-23.3%1998
Jun-14.0%2009
Jul-29.8%2002
Aug-20.3%2001
Sep-41.8%2000
Oct-13.7%2018
Nov-25.8%2000
Dec-23.7%2002
−41.8%+40.9%
Frequently asked questions
Data & methodology
TSMC (TSM) Key Financials
Charts, filings, and peer comparison for every metric
Income Statement
Balance Sheet
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
Overview
Income Statement