Tower Historical Income Statement

TSEM Stock  USD 32.87  0.21  0.64%   
Historical analysis of Tower Semiconductor income statement accounts such as Other Operating Expenses of 1.3 B, Operating Income of 211.3 M, EBIT of 211.3 M or Ebitda of 482.2 M can show how well Tower Semiconductor performed in making a profits. Evaluating Tower Semiconductor income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Tower Semiconductor's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Tower Semiconductor latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Tower Semiconductor is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tower Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.

About Tower Income Statement Analysis

Tower Semiconductor Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Tower Semiconductor shareholders. The income statement also shows Tower investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Tower Semiconductor Income Statement Chart

Tower Semiconductor Income Statement is one of the three primary financial statements used for reporting Tower's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Tower Semiconductor revenue and expense. Tower Semiconductor Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Tower Semiconductor's Cost Of Revenue is very stable compared to the past year. As of the 1st of May 2024, Income Before Tax is likely to grow to about 614.1 M, while Interest Expense is likely to drop about 4.2 M.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Tower Semiconductor generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Tower Semiconductor minus its cost of goods sold. It is profit before Tower Semiconductor operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Tower Semiconductor. It is also known as Tower Semiconductor overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Tower Semiconductor's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Tower Semiconductor current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tower Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.At this time, Tower Semiconductor's Cost Of Revenue is very stable compared to the past year. As of the 1st of May 2024, Income Before Tax is likely to grow to about 614.1 M, while Interest Expense is likely to drop about 4.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense9.1M19.7M4.4M4.2M
Depreciation And Amortization275.5M273.5M258.0M146.4M

Tower Semiconductor income statement Correlations

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0.82-0.40.990.890.740.690.91.00.90.630.290.660.130.880.890.62-0.840.720.3-0.840.40.64-0.3
0.39-0.680.830.960.740.980.940.750.610.760.290.780.190.560.620.74-0.830.720.26-0.80.360.68-0.34
0.33-0.660.780.930.690.980.930.690.560.720.250.740.20.510.580.71-0.810.690.26-0.760.370.68-0.34
0.62-0.520.940.980.90.940.930.90.760.750.340.770.240.730.750.75-0.840.770.34-0.820.430.77-0.4
0.82-0.40.990.891.00.750.690.90.90.630.290.660.130.870.890.62-0.840.720.29-0.850.390.64-0.3
0.92-0.290.880.760.90.610.560.760.90.360.010.4-0.040.980.990.35-0.780.620.12-0.720.130.490.06
0.26-0.590.690.770.630.760.720.750.630.360.840.990.540.310.370.98-0.610.570.63-0.620.830.73-0.81
0.05-0.270.310.330.290.290.250.340.290.010.840.80.64-0.010.00.84-0.190.220.69-0.220.920.5-0.92
0.29-0.610.720.80.660.780.740.770.660.40.990.80.390.350.410.99-0.640.570.5-0.660.790.68-0.76
0.0-0.150.150.180.130.190.20.240.13-0.040.540.640.39-0.05-0.030.43-0.090.220.96-0.080.60.57-0.63
0.94-0.150.850.710.880.560.510.730.870.980.31-0.010.35-0.050.940.31-0.70.540.09-0.640.070.450.09
0.87-0.390.870.760.890.620.580.750.890.990.370.00.41-0.030.940.36-0.820.650.14-0.770.160.50.06
0.27-0.520.680.760.620.740.710.750.620.350.980.840.990.430.310.36-0.580.540.53-0.60.820.68-0.81
-0.50.74-0.88-0.89-0.84-0.83-0.81-0.84-0.84-0.78-0.61-0.19-0.64-0.09-0.7-0.82-0.58-0.59-0.240.86-0.39-0.50.26
0.59-0.430.750.750.720.720.690.770.720.620.570.220.570.220.540.650.54-0.590.31-0.820.240.79-0.18
0.14-0.230.310.310.30.260.260.340.290.120.630.690.50.960.090.140.53-0.240.31-0.210.680.65-0.68
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0.08-0.460.410.410.40.360.370.430.390.130.830.920.790.60.070.160.82-0.390.240.68-0.360.48-0.9
0.48-0.380.680.720.640.680.680.770.640.490.730.50.680.570.450.50.68-0.50.790.65-0.550.48-0.51
0.070.32-0.33-0.37-0.3-0.34-0.34-0.4-0.30.06-0.81-0.92-0.76-0.630.090.06-0.810.26-0.18-0.680.22-0.9-0.51
Click cells to compare fundamentals

Tower Semiconductor Account Relationship Matchups

Tower Semiconductor income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization214.5M242.8M275.5M273.5M258.0M146.4M
Interest Expense6.8M9.8M9.1M19.7M4.4M4.2M
Total Revenue1.2B1.3B1.5B1.7B1.4B1.5B
Gross Profit229.7M233.3M329.1M466.3M353.5M371.2M
Other Operating Expenses1.1B1.2B1.3B1.4B1.2B1.3B
Operating Income86.7M91.0M166.5M311.7M201.3M211.3M
Ebit86.7M91.0M166.5M311.7M201.3M211.3M
Ebitda301.2M333.8M442.0M585.2M459.3M482.2M
Cost Of Revenue1.0B1.0B1.2B1.2B1.1B1.1B
Total Operating Expenses143.0M142.3M162.6M164.2M152.3M85.9M
Income Before Tax91.0M88.7M155.1M292.0M584.8M614.1M
Total Other Income Expense Net4.3M(2.3M)(11.4M)(19.7M)383.6M402.8M
Net Income90.0M82.3M150.0M264.6M518.5M544.4M
Income Tax Expense2.9M5.4M1.0M25.5M65.3M68.6M
Selling General Administrative67.4M64.0M77.2M80.3M72.9M43.8M
Research Development75.6M78.3M85.4M83.9M79.8M40.1M
Net Income From Continuing Ops88.1M83.3M154.1M266.5M553.7M581.3M
Net Income Applicable To Common Shares90.0M82.3M150.0M264.6M304.3M319.5M
Minority Interest(7.8M)(2.9M)(4.1M)(1.9M)(5.7M)(6.0M)
Tax Provision2.9M5.4M1.0M25.5M68.0M71.4M
Interest Income12.9M8.5M5.4M13.6M40.0M22.1M
Net Interest Income4.3M(2.3M)(11.4M)(19.7M)41.8M43.8M
Reconciled Depreciation214.5M240.5M270.7M292.6M272.7M269.3M

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When determining whether Tower Semiconductor is a strong investment it is important to analyze Tower Semiconductor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tower Semiconductor's future performance. For an informed investment choice regarding Tower Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tower Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Tower Stock, please use our How to Invest in Tower Semiconductor guide.
Note that the Tower Semiconductor information on this page should be used as a complementary analysis to other Tower Semiconductor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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Is Tower Semiconductor's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tower Semiconductor. If investors know Tower will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tower Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.36)
Earnings Share
4.66
Revenue Per Share
12.9
Quarterly Revenue Growth
(0.13)
Return On Assets
0.046
The market value of Tower Semiconductor is measured differently than its book value, which is the value of Tower that is recorded on the company's balance sheet. Investors also form their own opinion of Tower Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Tower Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tower Semiconductor's market value can be influenced by many factors that don't directly affect Tower Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tower Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tower Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tower Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.