Texas Instruments Incorporated (TXN) is a publicly traded company in the Technology — Semiconductors industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
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.
Analysis Summary
Texas Instruments Incorporated reported revenue of $17.68B in the most recent fiscal year, growing at a 5-year CAGR of 4.1%. Net income reached $5.00B, with a -2.2% 5-year CAGR.
Trailing-twelve-month margins: gross margin 57.0%, operating margin 34.1%, net margin 28.3%. Free cash flow grew at -13.9% CAGR over 5 years.
At the current price of $259.70, TXN trades at a P/E of 31.83 and an ROE of 30.73%. Market capitalisation stands at $237.2B, placing it among large-cap names.
Balance sheet quality for TXN: current ratio of 4.4, net debt of $10.51B. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Cash flow quality is below average: free cash flow of $2.60B represents 52% conversion of reported net income. High conversion (above 90%) suggests earnings translate cleanly into cash; lower conversion may indicate working capital tightness or accounting timing differences.
Price
| Price | $259.70 |
| Market Cap | $237.2B |
| Exchange | NASDAQ |
| Country | US |
Valuation Ratios
| P/E Ratio | 31.83 |
| Price / Book | 9.69 |
| EV / EBITDA | 20.59 |
| Dividend Yield | 3.17% |
Profitability
| Return on Equity | 30.73% |
| Return on Invested Capital | 16.46% |
| Return on Assets | 14.46% |
| Gross Margin | 57.02% |
| Operating Margin | 34.06% |
| Net Margin | 28.28% |
Financial Health
| Debt / Equity | 0.95 |
| Current Ratio | 4.35 |
| Piotroski F-Score | 7 |
| Altman Z-Score | 8.74 |
What to look at in Technology companies
- Revenue growth 3y (>=15%/year) — Validates sustained traction, not a one-off.
- Gross margin (Sub-sector dependent) — SaaS >=70%, Internet >=55%, Semis >=45%, Hardware >=35%.
- FCF / Revenue (>=20%) — Real cash generated. Many tech firms dress up non-GAAP earnings.
- ROIC (>=15%) — Capital reinvested efficiency — Buffett's first metric.
- SBC / Revenue (<10% healthy) — Stock-based compensation. Silent dilution: >20% destroys value.
- Net Debt / EBITDA (<=2x (1.5x SaaS)) — Resilience in downturns and rate hikes.
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| TXN | Texas Instruments Incorporated | $245.4B | 31.83 | 9.69 | 30.7% |
| AVGO | Broadcom Inc. | $1.7T | 42.12 | 16.23 | 43.9% |
| AMD | Advanced Micro Devices, Inc. | $835.7B | 127.29 | 12.17 | 10.1% |
| INTC | Intel Corp. | $509.7B | 5.53 | -10.8% | |
| ADI | Analog Devices, Inc. | $176.3B | 42.74 | 5.26 | 12.3% |
| MRVL | Marvell Technology, Inc. | $201.8B | 75.12 | 11.09 | 18.7% |
| MPWR | Monolithic Power Systems, Inc. | $56.4B | 69.98 | 14.47 | 21.8% |
| MCHP | Microchip Technology Incorporated | $37.8B | 96.29 | 5.84 | 6.9% |
Price Performance
| 1 month | -4.89% |
| 3 months | -19.80% |
| Year-to-date | +49.24% |
| 1 year | +43.61% |
| 3 years | +59.01% |
52-Week Range
| 52-week High | $334.03 |
| 52-week Low | $152.73 |
| Avg Volume (90d) | 7.7M |
Dividend History
| Date | Amount | Yield |
|---|---|---|
| 2026-07-31 | $1.4200 | 2.19% |
| 2026-05-05 | $1.4200 | 2.19% |
| 2026-01-30 | $1.4200 | 2.19% |
| 2025-10-31 | $1.4200 | 2.19% |
| 2025-07-31 | $1.3600 | 2.09% |
| 2025-04-30 | $1.3600 | 2.09% |
| 2025-01-31 | $1.3600 | 2.09% |
| 2024-10-31 | $1.3600 | 2.09% |
| 2024-07-31 | $1.3000 | 2.00% |
| 2024-05-07 | $1.3000 | 2.00% |
Related companies: ADI · AMD · AVGO · INTC · LSCC · MCHP · MPWR
Explore sector: Technology · Semiconductors
More sections of TXN: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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