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TXN

Texas Instruments Incorporated

NASDAQ: TXN · TECHNOLOGY · SEMICONDUCTORS

$301.12
+1.35% today

Updated 2026-06-12

Market cap
$280.85B
P/E ratio
52.66
P/S ratio
15.23x
EPS (TTM)
$5.86
Dividend yield
1.80%
52W range
$151 – $332
Volume
7.8M

Texas Instruments Incorporated (TXN) Financial statements

SEC filings — annual and quarterly data.

Profit margin
28.28%
Operating margin
34.06%
ROE
31.99%
ROA
12.20%
Debt/equity
0.84x

Margin trends — annual

Gross margin Operating margin Profit margin
YearRevenueNet incomeGross marginOp. marginProfit margin
2006$14.26B$4.34B50.92%23.62%30.45%
2007$13.84B$2.66B53.00%25.28%19.20%
2008$12.50B$1.92B49.96%21.88%15.36%
2009$10.43B$1.47B47.94%21.20%14.10%
2010$13.97B$3.23B53.64%32.32%23.11%
2011$13.73B$2.20B49.30%25.30%16.02%
2012$12.82B$1.76B49.65%15.38%13.72%
2013$12.21B$2.13B52.14%23.20%17.41%
2014$13.04B$2.82B56.93%30.26%21.63%
2015$13.00B$2.99B58.15%32.88%22.97%
2016$13.37B$3.60B61.63%36.31%26.89%
2017$14.96B$3.68B64.26%40.66%24.61%
2018$15.78B$5.58B65.11%42.53%35.35%
2019$14.38B$5.02B63.71%39.79%34.88%
2020$14.46B$5.59B64.10%40.76%38.69%
2021$18.34B$7.77B67.47%48.84%42.35%
2022$20.03B$8.75B68.76%50.63%43.68%
2023$17.52B$6.51B62.90%41.85%37.16%
2024$15.64B$4.80B58.14%34.94%30.68%
2025$17.68B$5.00B57.02%34.06%28.28%

Frequently asked questions

What is Texas Instruments Incorporated's revenue?

Texas Instruments Incorporated's trailing twelve-month revenue is $18.44B, and consensus projects about $31.58B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.

How profitable is TXN?

In its most recent fiscal year, TXN ran a gross margin of 57.02%, an operating margin of 34.06%, and a net margin of 28.28%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.

How much free cash flow does TXN generate?

TXN produced $2.60B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.

Is TXN's balance sheet healthy?

TXN holds $3.23B in cash and equivalents against $13.55B in long-term debt, on $16.27B of shareholder equity. That debt is best read against the cash flow the business throws off each year.