United Microelectronics Corporation income statement UMC

Annual Quarterly

In fiscal 2024, which ended Dec 31, 2024, United Microelectronics Corporation reported revenue of $7.1 billion, down 2.5% from the year before. Net income was $1.5 billion, a profit margin of 21.0%. Operating income came to $1.6 billion, an operating margin of 22.2%. Diluted earnings per share were $0.12. Across the 8 fiscal years shown, revenue grew from $5.0 billion in fiscal 2017 to $7.1 billion in fiscal 2024, about 5.0% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
Revenue
7,085
-2.5%
7,268
-19.9%
9,069
+18.1%
7,679
+21.9%
6,297
+27.1%
4,955
+0.3%
4,941
-1.9%
5,037
Cost of revenue
4,777
+1.0%
4,729
-5.0%
4,977
-2.1%
5,082
+3.5%
4,908
+15.7%
4,242
+1.1%
4,195
+1.7%
4,124
Gross profit
2,307
-9.1%
2,539
-38.0%
4,093
+57.6%
2,597
+87.0%
1,389
+94.9%
713
-4.5%
746
-18.3%
913
Research and development
476
+9.8%
434
+2.9%
422
-9.6%
466
+1.5%
459
+15.8%
397
-6.8%
426
-7.7%
461
Selling, general and administrative
217
-11.1%
244
-22.4%
315
+9.3%
288
+21.4%
237
+33.5%
178
+10.2%
161
—
Operating income
1,574
-16.7%
1,891
-44.3%
3,394
+82.1%
1,863
+138.6%
781
+378.4%
163
-12.0%
186
-16.3%
222
Pretax income
1,740
-22.2%
2,235
-37.3%
3,567
+69.2%
2,109
+162.7%
803
+399.6%
161
+132.3%
69
-73.3%
259
Income tax
255
-6.0%
271
-56.8%
629
+120.3%
285
+374.0%
60
+682.0%
8
+120.9%
-37
-210.2%
33
Net income
1,484
-24.4%
1,964
-33.2%
2,938
+61.2%
1,823
+145.5%
743
+385.3%
153
+44.2%
106
-52.9%
225
Basic EPS
0.12
-25.0%
0.16
-33.3%
0.24
+60.0%
0.15
+114.3%
0.07
+250.0%
0.02
+0.0%
0.02
-33.3%
0.03
Diluted EPS
0.12
-25.0%
0.16
-30.4%
0.23
+53.3%
0.15
+114.3%
0.07
+250.0%
0.02
+0.0%
0.02
-33.3%
0.03
Weighted average shares, basic
12,173
+0.3%
12,138
+0.4%
12,095
+0.8%
12,005
+1.3%
11,850
+2.5%
11,565
-2.7%
11,890
-0.9%
11,995
Weighted average shares, diluted
12,365
-0.1%
12,382
-0.9%
12,490
+2.0%
12,245
-0.0%
12,250
-5.4%
12,951
-2.4%
13,271
-0.0%
13,273
Other measures
Interest coverage
29.39x
36.86x
55.88x
26.33x
10.58x
1.63x
1.99x
2.63x
Margins
Gross margin
32.57%
34.94%
45.12%
33.82%
22.05%
14.38%
15.10%
18.12%
Operating margin
22.22%
26.01%
37.42%
24.26%
12.40%
3.30%
3.76%
4.40%
Pretax margin
24.56%
30.76%
39.33%
27.46%
12.75%
3.24%
1.40%
5.14%
Profit margin
20.95%
27.02%
32.40%
23.74%
11.79%
3.09%
2.15%
4.47%
Effective tax rate
14.67%
12.14%
17.63%
13.54%
7.50%
4.79%
-53.35%
12.94%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry
Semiconductors & Related Devices (SIC 3674)
Listed as
UMC (NYSE)
Fiscal year ends
December 31
Incorporated in
Taiwan
Headquarters
Taipei, Taiwan
SEC filer status
Large accelerated filer
SEC CIK
1033767

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.