• Fiscal Year end for Tower Semiconductor Ltd falls in the month of December .

    All items in Millions except EPS data.

    12/31/23 12/31/22 12/31/21 12/31/20 12/31/19
    Sales 1,423 1,678 1,508 1,266 1,234
    Cost Of Goods 1,069 1,211 1,179 1,032 1,004
    Gross Profit 354 466 329 233 230
    Selling & Adminstrative & Depr. & Amort Expenses -194 155 163 142 143
    Income After Depreciation & Amortization 547 312 167 91 87
    Non-Operating Income 38 -7 1 -2 4
    Interest Expense 0 13 13 0 0
    Pretax Income 585 292 155 89 91
    Income Taxes 65 26 1 5 3
    Minority Interest 1 2 4 1 -2
    Investment Gains/Losses 0 0 0 0 0
    Other Income/Charges 0 0 0 0 0
    Income From Cont. Operations 520 266 154 83 88
    Extras & Discontinued Operations 0 0 0 0 0
    Net Income (GAAP) 518 265 150 82 90
    Depreciation Footnote 12/31/23 12/31/22 12/31/21 12/31/20 12/31/19
    Income Before Depreciation & Amortization 805 604 437 332 301
    Depreciation & Amortization (Cash Flow) 258 293 271 241 214
    Income After Depreciation & Amortization 547 312 167 91 87
    Earnings Per Share Data 12/31/23 12/31/22 12/31/21 12/31/20 12/31/19
    Average Shares 111.22 110.75 109.80 108.48 107.44
    Diluted EPS Before Non-Recurring Items 1.97 2.33 1.38 0.78 0.87
    Diluted Net EPS (GAAP) 4.66 2.39 1.37 0.76 0.84

    Fiscal Year end for Tower Semiconductor Ltd falls in the month of December .

    All items in Millions except EPS data.

    3/31/24 12/31/23 9/30/23 6/30/23 3/31/23
    Sales 327.24 351.71 358.17 357.19 355.61
    Cost Of Goods 254.63 267.29 271.30 270.67 259.89
    Gross Profit 72.61 84.42 86.87 86.52 95.72
    SG&A, R&D, and Dept/Amort Expenses 38.62 39.25 -275.28 35.99 6.30
    Income After SG&A, R&D, and Dept/Amort Expenses 33.99 45.17 362.15 50.53 89.42
    Non-Operating Income 3.98 27.60 9.98 0.00 0.00
    Interest Expense 0.00 10.92 0.00 -3.92 -7.00
    Pretax Income 37.97 61.85 372.13 54.45 96.41
    Income Taxes -5.08 10.13 34.39 5.75 15.04
    Minority Interest -1.59 -2.13 -4.32 -2.48 9.97
    Investment Gains/Losses 0.00 0.00 0.00 0.00 0.00
    Other Income/Charges 0.00 0.00 0.00 0.00 0.00
    Income From Cont. Operations 43.05 51.72 337.74 48.71 81.37
    Extras & Discontinued Operations 0.00 0.00 0.00 0.00 0.00
    Income (GAAP) 44.63 53.85 342.06 51.19 71.40
    Earnings Per Share Data 3/31/24 12/31/23 9/30/23 6/30/23 3/31/23
    Average Shares 111.63 111.31 111.24 111.23 111.07
    Diluted EPS Before Non-Recurring Items 0.40 0.49 0.47 0.46 0.41
    Diluted Net EPS (GAAP) 0.40 0.49 3.07 0.46 0.64