Texas Instruments
TXN Nasdaq· Semiconductors
Last close · Oct 26, 2026
$298.12
KIRA · Stoqly’s AI analyst, in plain words
- Texas Instruments had $17.7B of revenue in fiscal 2025, up 13.1% on the year before. Over five years, revenue changed +4.1% a year on average.
- Its operating margin was 34.1%, down 0.9 pts: of every 100 in sales, about 34 is left after running the business.
- Texas Instruments made $5.0B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 5.1% a year.
- Free cash flow was $2.6B in fiscal 2025, 14.7% of revenue.
- Texas Instruments returned $6.5B to shareholders in fiscal 2025, 249% of free cash flow. The diluted share count fell 0.7%.
- Texas Instruments owes $9.2B more than it holds in cash, about 1.2 years of operating profit.
Market cap
$274.6B
P/E
38.7x
Revenue
$17.7B
Net income
$5.0B
Free cash flow
$2.6B
Operating margin
34.1%
Texas Instruments in 30 seconds · fiscal 2025
Are sales growing?
+13.1%
Yes. Sales grew 13.1% last year.
Does it make a profit?
28.3%
Yes. It keeps 28.3% of every sale as profit.
Does profit turn into cash?
14.7%
Yes. 14.7% of sales ends up as free cash.
Is debt under control?
1.2x
Keep an eye on it. Repaying its debt would take 1.2 years of operating profit.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
38.7x
One share costs 38.7 times its yearly profit per share. Typical for its sector: 33.0x.
What Texas Instruments does
Texas Instruments (TI) designs and makes semiconductors, the chips inside electronic equipment, and sells them to companies that design and build electronics around the world. It offers more than 80,000 products, used in factory equipment, cars, data centers, phones and other personal electronics, and communications gear. Based in Dallas, it sells to over 100,000 customers. TI had $17.68 billion of revenue in 2025. Its Analog segment, chips that handle real-world signals such as sound or temperature, often turning them into data, and that manage power in devices, brought in $14.01 billion, about 79% of revenue. Embedded Processing, processors built to handle specific tasks in equipment, used particularly in industrial and automotive markets, brought in $2.70 billion, about 15%. The rest, $979 million, came from projector chips, calculators and some custom chips. TI sells mostly directly, including through its website: more than 80% of 2025 revenue.
Biggest risks, in its own words
- Strong competition that forces it to respond quickly on new products and prices.
- Changes in demand for its chips, which can swing with the ups and downs of the chip industry.
- Supply chain and manufacturing problems, including at the factories that make most of its chips.
- Political, economic and trade conditions in the many countries where it operates and sells.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 6, 2026
- Legal name
- TEXAS INSTRUMENTS INCORPORATED
- CIK
- 0000097476
Texas Instruments · TXN
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $18.3B | $20.0B | $17.5B | $15.6B | $17.7B |
| Revenue growth | 26.9% | 9.2% | −12.5% | −10.7% | 13.1% |
| Gross margin | 67.5% | 68.8% | 62.9% | 58.1% | 57.0% |
| Operating margin | 48.8% | 50.6% | 41.9% | 34.9% | 34.1% |
| Net income | $7.8B | $8.7B | $6.5B | $4.8B | $5.0B |
| Net margin | 42.4% | 43.7% | 37.2% | 30.7% | 28.3% |
| Diluted EPS | $8.26 | $9.41 | $7.07 | $5.20 | $5.45 |
| Cash | |||||
| Cash from operations | $8.8B | $8.7B | $6.4B | $6.3B | $7.2B |
| Capital expenditure | $2.5B | $2.8B | $5.1B | $4.8B | $4.6B |
| Free cash flow | $6.3B | $5.9B | $1.3B | $1.5B | $2.6B |
| FCF margin | 34.3% | 29.6% | 7.7% | 9.6% | 14.7% |
| Dividends paid | $3.9B | $4.3B | $4.6B | $4.8B | $5.0B |
| Share buybacks | $527M | $3.6B | $293M | $929M | $1.5B |
| Share count change | 0.3% | −1.1% | −1.1% | 0.3% | −0.7% |
| Debt and strength | |||||
| Cash and short-term investments | $9.7B | $9.1B | $8.6B | $7.6B | $4.9B |
| Debt incl. finance leases | $7.7B | $8.7B | $11.2B | $13.6B | $14.0B |
| Shareholders' equity | $13.3B | $14.6B | $16.9B | $16.9B | $16.3B |
| Net debt / EBITDA | −0.2x | −0.0x | 0.3x | 0.9x | 1.2x |
| Current ratio | 5.3x | 4.7x | 4.6x | 4.1x | 4.4x |
| Interest coverage | 48.7x | 47.4x | 20.8x | 10.8x | 11.1x |
| Returns and quality | |||||
| Return on capital | 75.2% | 69.1% | 38.1% | 22.7% | 21.8% |
| Return on equity | 69.0% | 62.7% | 41.4% | 28.4% | 30.2% |
| Piotroski F-score | 8 | 5 | 3 | 3 | 6 |
| Altman Z'' | 12.7 | 12.4 | 10.3 | 8.9 | 9.0 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$119M
19 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Texas Instruments · TXN
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Texas Instruments TXN | $274.6B | 13.1% | 34.1% | 14.7% | 21.8% | 38.7x | 6 |
| NXP Semiconductors NXPI | $62.3B | −2.7% | 24.8% | 19.8% | 12.6% | 23.5x | 4 |
| STMicroelectronics STM | $41.7B | −11.1% | 1.5% | — | 0.5% | — | 6 |
| Analog Devices ADI | $199.4B | 16.9% | 26.6% | 38.8% | 6.2% | 48.4x | 8 |
| AMD AMD | $881.4B | 34.3% | 10.7% | 19.4% | 6.7% | 136.6x | 8 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $298.12 a share, the company is worth $274.6B: 38.7 times its earnings of the last four quarters.
Texas Instruments grew sales faster than 2 of its 4 similar companies. Its P/E is higher than 1 of 3.
Source: SEC EDGAR XBRL filings (CIK 0000097476). Data updated October 23, 2026. For information only — not investment advice. Check the original filings before relying on any figure.