Texas Instruments Inc (TXN)

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States, China, the rest of Asia, Europe, the Middle East, Africa, Japan, and internationally. It operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, multiphase controllers and power stages, and lighting products. This segment also provides signal chain products that sense, condition, and measure real-world signals and convert them into data to be transferred or converted for further processing and control, such as amplifiers, data converters, interface products, motor drives, clocks, and logic and sensing products. The Embedded Processing segment offers microcontrollers, processors, wireless connectivity, and radar products; and applications processors for specific computing activity. It also provides DLP products primarily for use in projecting high-definition images; calculators; and application-specific integrated circuits. Its products are used in various markets, such as industrial, automotive, personal electronics, communications equipment, enterprise systems, calculators, and others. The company markets and sells its semiconductor products through direct sales and distributors, as well as through its website. Texas Instruments Incorporated was founded in 1930 and is headquartered in Dallas, Texas.

Symbol
TXN
Exchange
Nasdaq
Sector
Technology
Industry
Semiconductors
Market cap
$256.55B
52 week range
152.73 - 334.03

Valuation

Share price
$281.31 (close of 2026-10-01)
P/E (TTM)
42.56x
Price to book
14.25x
Price to free cash flow
47.91x
Enterprise value
$263.61B
Book value per share
$19.74

Price performance

PeriodChange
1 day+0.44%
5 days+3.94%
1 month+11.04%
3 months-5.73%
6 months+43.31%
Year to date+62.15%
1 year+55.95%
3 years+76.91%
5 years+45.16%
10 years+300.84%
All time+16447.65%

Members of Congress who disclosed TXN trades

Robert Bresnahan · Jefferson Shreve · Jared Moskowitz · Julie Johnson · Markwayne Mullin · Lisa McClain · Thomas Kean · Tommy Tuberville · Alan Armstrong · George Whitesides · Josh Gottheimer · Kevin Hern

And 2 others

Super investors holding TXN

Christopher Davis (Davis Selected Advisers) · Terry Smith (Fundsmith LLP) · David Katz (Matrix Asset Advisors Inc) · Wallace Weitz (Weitz Investment Management)

Profitability and growth

Return on equity
30.73%
Return on invested capital
20.89%
Return on assets
14.46%
Return on capital employed
19.17%
Gross margin
57.02%
Net margin
28.28%
EBITDA margin
44.91%
Revenue growth
13.05%
Net income growth
4.21%
Free cash flow growth
73.77%

Cash flow and balance sheet

Free cash flow yield (TTM)
2.09%
Current ratio
4.86x
Net debt to EBITDA
0.73x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$17.68B
Cost of revenue
$7.60B
Gross profit
$10.08B
EBITDA
$7.94B
Net income
$5.00B
Earnings per share
$5.47
Research and development
$2.08B
Interest expense
$543.00M
Shares outstanding
909.00M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$17.68B$10.08B$5.00B$5.47
2024-12-31$15.64B$9.09B$4.80B$5.24
2023-12-31$17.52B$11.02B$6.51B$7.13
2022-12-31$20.03B$13.77B$8.75B$9.51
2021-12-31$18.34B$12.38B$7.77B$8.38
2020-12-31$14.46B$9.27B$5.59B$6.05
2019-12-31$14.38B$9.16B$5.02B$5.33
2018-12-31$15.78B$10.28B$5.58B$5.71
2017-12-31$14.96B$9.61B$3.68B$3.68
2016-12-31$13.37B$8.26B$3.60B$3.54

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3157.02%28.28%30.73%20.89%
2024-12-3158.14%30.68%28.39%20.99%
2023-12-3162.90%37.16%38.53%32.86%
2022-12-3168.76%43.68%60.02%62.18%
2021-12-3167.47%42.35%58.27%66.19%
2020-12-3164.10%38.69%60.90%56.19%
2019-12-3163.71%34.88%56.33%51.91%
2018-12-3165.11%35.35%62.04%57.05%
2017-12-3164.26%24.61%35.62%37.05%
2016-12-3161.76%26.89%34.33%33.23%

Cash and debt by year

Period endCashDebt
2025-12-31$4.88B$13.55B
2024-12-31$7.58B$12.85B
2023-12-31$8.57B$10.62B
2022-12-31$9.07B$8.23B
2021-12-31$9.74B$7.24B
2020-12-31$6.57B$6.25B
2019-12-31$5.39B$5.30B
2018-12-31$4.23B$4.32B
2017-12-31$4.47B$3.58B
2016-12-31$3.49B$2.98B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$2.60B$419.00M
2024-12-31$1.50B$387.00M
2023-12-31$1.35B$362.00M
2022-12-31$5.92B$289.00M
2021-12-31$6.29B$230.00M
2020-12-31$5.49B$224.00M
2019-12-31$5.80B$217.00M
2018-12-31$6.06B$232.00M
2017-12-31$4.67B$242.00M
2016-12-31$4.08B$252.00M

Dividend history

Most recent payment
2026-07-31
Paid in the last twelve months
$5.68
Payment dateDividend per share
2026-07-31$1.42
2026-05-05$1.42
2026-01-30$1.42
2025-10-31$1.42
2025-07-31$1.36
2025-04-30$1.36
2025-01-31$1.36
2024-10-31$1.36

Investor relations

Next earnings report

Next confirmed report
2026-10-20
Consensus EPS estimate
$2.39

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-22Jun/2026$1.91
2026-04-22--
2026-01-27--
2025-10-21--
2025-07-22--
2025-04-23--
2025-01-23--
2024-10-22--

Filings and sources

Company website
ti.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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