TOWER SEMICONDUCTOR LTDTSEM

Market cap

P/E ratio

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2021	Dec 31, 2022
REVENUES	611	639	505	828	961	1,250	1,387	1,304	1,508	1,678
COST OF REVENUES	526	560	477	764	755	947	1,033	1,011	1,179	1,211
GROSS PROFIT	85	79	28	64	205	303	354	293	329	466
Research and development	25	31	33	52	62	63	68	73	85	84
Marketing, general and administrative	48	44	43	59	63	65	67	65	77	80
Restructuring Charges	-	-	-	8	2	-	-	-	-	-20
Restructuring Costs	-	-	-	-	-	-	-	-	-	11
TOTAL OPERATING COSTS AND EXPENSES	75	81	83	167	123	128	134	138	163	155
OPERATING PROFIT	10	-3	-55	-104	82	175	220	155	167	312
Financing Income (Expense) Net	-	-	-	-	-	-	-	-	-13	-13
OTHER INCOME (EXPENSE), NET	13	-1	-1	-0	-0	9	-3	-2	1	-7
PROFIT BEFORE INCOME TAX	3	-63	-117	-26	-41	211	202	139	155	292
INCOME TAX EXPENSE, NET	21	7	-9	-25	-12	1	-100	6	1	26
NET PROFIT	-	-	-	-1	-29	209	302	133	154	266
Net income attributable to non-controlling interest	-	-	-	-6	1	5	4	-2	4	2
NET PROFIT ATTRIBUTABLE TO THE COMPANY	-19	-70	-108	4	-29	209	302	136	154	266
Earnings per share	-0.06	-3.25	-2.72	0.08	-0.4	2.33	3.08	1.35	1.39	2.42
Earnings per share	-	-	-	0.07	-	2.09	2.9	1.32	1.37	2.39
Net profit used for diluted earnings per share	-	-	-	-	-	212	307	136	150	265