TOWER SEMICONDUCTOR LTD (TSEM) Income statement

Market cap

P/E ratio

	2011/12	2012/12	2013/12	2014/12	2015/12	2016/12	2017/12	2018/12	2021/12	2022/12	2023/12	2024/12
Revenue	-	639	505	828	961	1,250	1,387	1,304	1,508	1,678	1,423	1,436
Revenue growth (%)	-								-
Cost of revenue	-	560	477	764	755	947	1,033	1,011	1,179	1,211	1,069	1,097
Gross profit	-	79	28	64	205	303	354	293	329	466	354	339
Gross margin (%)
Research & development	-	31	33	52	62	63	68	73	85	84	80	79
Selling, general & administrative	-	44	43	59	63	65	67	65	77	80	72	75
Operating margin (%)
Operating expenses	-	81	83	167	123	128	134	138	163	155	-194	148
Operating income	-	-3	-55	-104	82	175	220	155	167	312	547	191
Income before tax	-	-63	-117	-26	-41	211	202	139	155	292	585	217
Pretax margin (%)	0.5	-9.9	-23.2	-3.2	-4.3	16.9	14.5	10.7	10.3	17.4	41.1	15.1
Provision for income taxes	-	7	-9	-25	-12	1	-100	6	1	26	65	10
Effective tax rate (%)
Net income	-	-70	-108	4	-29	209	302	136	154	266	520	208
Net income margin (%)
Earnings per share	-	-3.25	-2.72	0.08	-0.4	2.33	3.08	1.35	1.39	2.42	4.7	1.87
Diluted EPS	-	-3.25	-2.72	0.07	-0.4	2.09	2.9	1.32	1.37	2.39	4.66	1.85
EBITDA	-
EBITDA margin (%)