Texas Instruments Incorporated
TXNNASDAQ
$282.33
Last price · USD
- Market cap
- $257.8B
- P/E
- 51.8x
- EV / EBITDA
- 32.7x
- P/S
- 14.6x
- FCF yield
- 1.0%
- Div. yield
- 1.94%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Revenue
$17.68B
+13.0%
4Y CAGR -0.9%
Gross profit
$10.08B
+10.9%
4Y CAGR -5.0%
Operating income
$6.02B
+10.2%
4Y CAGR -9.5%
Net income
$5.00B
+4.2%
4Y CAGR -10.4%
EPS (diluted)
$5.45
+4.8%
4Y CAGR -9.9%
Free cash flow
$2.60B
+73.8%
4Y CAGR -19.8%
Revenue & net income
Fiscal 2021–2025 · USD
RevenueNet income
Valuation
At $282.33 · FY2025 fundamentals
- Market cap
- $257.8B
- Enterprise value
- $269.9B
- P/E
- 51.8x
- P/S
- 14.6x
- P/B
- 15.8x
- EV / EBITDA
- 32.7x
- EV / Sales
- 15.3x
- Earnings yield
- 1.9%
- FCF yield
- 1.0%
- Shareholder yield
- 2.5%
Profitability
Margins as a share of revenue
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Gross margin | 57.0%-10.4pp | 67.5% | |
| Operating margin | 34.1%-14.8pp | 48.8% | |
| EBITDA margin | 46.7%-8.2pp | 54.8% | |
| Net margin | 28.3%-14.1pp | 42.4% | |
| FCF margin | 14.7%-19.6pp | 34.3% |
Returns & financial health
FY2025 with 4-year trend
| Metric | Latest | 4Y ago | Trend |
|---|---|---|---|
| Return on equity | 30.7% | 58.3% | |
| Return on invested capital | 18.5% | 46.2% | |
| Return on assets | 14.5% | 31.5% | |
| Debt / equity | 0.95x | 0.62x | |
| Net debt / EBITDA | 1.47x | 0.36x | |
| Current ratio | 4.35x | 5.33x |
Cash & equivalents
$3.23B
Total debt
$15.39B
Capital allocation
How TXN used its cash in FY2025
- Operating cash flow
- $7.15B
- Capital expenditure
- $4.55B
- Dividends paid
- $5.00B
- Share repurchases
- $1.48B
- Stock-based compensation
- $419M
- Diluted shares
- 913.0M
- Share count change (4Y)
- -2.5%
Analyst estimates
Consensus for upcoming fiscal years
| Fiscal year | Revenue | Growth | EPS | Growth |
|---|---|---|---|---|
| FY2025 actual | $17.68B | $5.45 | ||
| FY2026E20 analysts | $22.36B | +26.5% | $9.01 | +65.4% |
| FY2027E21 analysts | $26.29B | +17.6% | $11.55 | +28.2% |
| FY2028E18 analysts | $28.99B | +10.3% | $13.36 | +15.7% |
About Texas Instruments Incorporated
Technology · Semiconductors
Texas Instruments Incorporated (TI) specializes in the global design, production, and sale of semiconductors to electronics engineers and manufacturers. Its operations are structured into two core segments: Analog and Embedded Processing. The Analog division provides a comprehensive suite of power management products, such as battery-management solutions, various DC/DC and AC/DC switching regulators and controllers, power switches, linear regulators, voltage supervisors, references, and lighting components, all critical for managing diverse power needs.
ti.com- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Haviv Ilan
- Employees
- 33,000
- Headquarters
- Dallas, TX, US
- IPO date
- 1972-06-01
Texas Instruments Incorporated (TXN) — frequently asked questions
Answered from the company's SEC filings
Texas Instruments Incorporated (TI) specializes in the global design, production, and sale of semiconductors to electronics engineers and manufacturers. Its operations are structured into two core segments: Analog and Embedded Processing.
Explore the full income statement, balance sheet and cash flow statement. Not investment advice.