We design and manufacture semiconductors that we sell to electronics designers and manufacturers all over the world. Our operations began in 1930, and we are incorporated in Delaware. With headquarters in Dallas, Texas, we have design, manufacturing or sales operations in more than 30 countries. Our two reportable segments are Analog and Embedded Processing, and we report the results of our remaining business activities in Other. In 2025, we generated $17.68 billion of revenue. For decades, we have operated with a passion to create a better world by making electronics more affordable through semiconductors. We were pioneers in the transition from vacuum tubes to transistors and then to integrated circuits. As each generation has become more reliable, more affordable and lower in power, semiconductors are used by a growing number of customers and markets. Our passion continues to be alive today as we help our customers develop electronics and new applications.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 17.7B | 17.7B | 15.6B | 17.5B | 20.0B | 18.3B |
| Net Income | 5.0B | 5.0B | 4.8B | 6.5B | 8.7B | 7.8B |
| EPS | $5.45 | $5.45 | $5.20 | $7.07 | $9.41 | $8.26 |
| Free Cash Flow | 2.6B | 2.6B | 1.5B | 1.3B | 5.9B | 6.3B |
| ROIC | 19.1% | 21.3% | 20.3% | 31.9% | 60.0% | 65.9% |
| Gross Margin | 57.0% | 57.0% | 58.1% | 62.9% | 68.8% | 67.5% |
| Debt/Equity | 0.89 | 0.89 | 0.85 | 0.70 | 0.63 | 0.62 |
| Dividends/Share | $5.45 | $5.50 | $5.26 | $5.02 | $4.69 | $4.21 |
| Operating Income | 6.0B | 6.0B | 5.5B | 7.3B | 10.1B | 9.0B |
| Operating Margin | 34.1% | 34.1% | 34.9% | 41.8% | 50.6% | 48.8% |
| ROE | 30.7% | 30.1% | 28.4% | 38.5% | 60.0% | 58.3% |
| Shares Outstanding | 918M | 918M | 923M | 921M | 930M | 941M |
TEXAS INSTRUMENTS INC passes 6 of 9 quality checks, suggesting mixed fundamentals.
TEXAS INSTRUMENTS INC trades at 39.8x trailing earnings, compared to its 15-year median P/E of 21.8x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 75.6x vs a median of 20.7x. The company's 5-year average ROIC is 39.9% with a gross margin of 62.9%. Total shareholder yield (dividends + buybacks) is 3.3%. At current prices, the estimated annualized return to fair value is -19.9%.
TEXAS INSTRUMENTS INC (TXN) has a current P/E ratio of 39.8, compared to its historical median P/E of 21.8. The stock is currently considered Expensive based on its historical valuation range.
TEXAS INSTRUMENTS INC (TXN) has a 5-year average return on invested capital (ROIC) of 39.9%. This indicates strong capital allocation and a potential competitive advantage.
TEXAS INSTRUMENTS INC (TXN) has a market capitalization of $198.9B. It is classified as a large-cap stock.
Yes, TEXAS INSTRUMENTS INC (TXN) pays a dividend with a trailing twelve-month yield of 2.51%. The company also returns capital through share buybacks, with a buyback yield of 0.74%.
Based on historical P/E analysis, TEXAS INSTRUMENTS INC (TXN) appears expensive. The current P/E of 39.8 is 83% above its historical median of 21.8. The estimated fair value CAGR (P/E method) is 2.5%.
TEXAS INSTRUMENTS INC (TXN) operates in the Semiconductors & Related Devices industry, within the Technology sector.
TEXAS INSTRUMENTS INC (TXN) reported annual revenue of $17.7 billion in its most recent fiscal year, based on SEC EDGAR filings.
TEXAS INSTRUMENTS INC (TXN) has a net profit margin of 28.3%. This is a strong margin indicating high profitability.
TEXAS INSTRUMENTS INC (TXN) generated $2.6 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
TEXAS INSTRUMENTS INC (TXN) has a debt-to-equity ratio of 0.89. This indicates moderate leverage.
TEXAS INSTRUMENTS INC (TXN) reported earnings per share (EPS) of $5.45 in its most recent fiscal year.
TEXAS INSTRUMENTS INC (TXN) has a return on equity (ROE) of 30.1%. This indicates the company generates strong returns for shareholders.
TEXAS INSTRUMENTS INC (TXN) has a 5-year average gross margin of 62.9%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 19 years of financial data for TEXAS INSTRUMENTS INC (TXN), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
TEXAS INSTRUMENTS INC (TXN) has a book value per share of $17.73, based on its most recent annual SEC filing.