TEXAS INSTRUMENTS INC TXN
Last close
258.44
2026-09-04
Market cap
$236.02B
2026-06-30 share count
52-week range
152.73 - 334.03
Valuation FY2025 figures against the last close
P/S13.3x
P/E47.4x
P/FCF90.7x
EV/EBITDA30.9x
Dividend yield2.1%
Diluted EPS5.45
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.68B | $15.64B | $17.52B | $20.03B | $18.34B | $14.46B | $14.38B | $15.78B | $14.96B | $13.37B |
| Cost of revenue | $7.60B | $6.55B | $6.50B | $6.26B | $5.97B | $5.19B | $5.22B | $5.51B | $5.35B | $5.11B |
| Gross profit | $10.08B | $9.09B | $11.02B | $13.77B | $12.38B | $9.27B | $9.16B | $10.28B | $9.61B | $8.26B |
| R&D | $2.08B | $1.96B | $1.86B | $1.67B | $1.55B | $1.53B | $1.54B | $1.56B | $1.51B | $1.36B |
| SG&A | $1.86B | $1.79B | $1.82B | $1.70B | $1.67B | $1.62B | $1.65B | $1.68B | $1.69B | $1.74B |
| Operating income | $6.02B | $5.46B | $7.33B | $10.14B | $8.96B | $5.89B | $5.72B | $6.71B | $6.08B | $4.86B |
| Pre-tax income | $5.71B | $5.45B | $7.42B | $10.03B | $8.92B | $6.02B | $5.73B | $6.69B | $6.08B | $4.93B |
| Income tax | $709.0M | $654.0M | $908.0M | $1.28B | $1.15B | $422.0M | $711.0M | $1.11B | $2.40B | $1.33B |
| Net income | $5.00B | $4.80B | $6.51B | $8.75B | $7.77B | $5.59B | $5.02B | $5.58B | $3.68B | $3.60B |
| EPS, basic | 5.47 | 5.24 | 7.13 | 9.51 | 8.38 | 6.05 | 5.33 | 5.71 | 3.68 | 3.54 |
| EPS, diluted | 5.45 | 5.20 | 7.07 | 9.41 | 8.26 | 5.97 | 5.24 | 5.59 | 3.61 | 3.48 |
| Shares, diluted (wtd. avg.) | $913.0M | $919.0M | $916.0M | $926.0M | $936.0M | $933.0M | $952.0M | $990.0M | $1.01B | $1.02B |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $3.23B | $3.20B | $2.96B | $3.05B | $4.63B | $3.11B | $2.44B | $2.44B | $1.66B | $1.15B |
| Short-term investments | $1.66B | $4.38B | $5.61B | $6.02B | $5.11B | $3.46B | $2.95B | $1.79B | $2.81B | $2.34B |
| Receivables | $1.96B | $1.72B | $1.79B | $1.90B | $1.70B | $1.41B | $1.07B | $1.21B | $1.28B | $1.27B |
| Inventory | $4.80B | $4.53B | $4.00B | $2.76B | $1.91B | $1.96B | $2.00B | $2.22B | $1.96B | $1.79B |
| Total current assets | $13.75B | $15.03B | $15.12B | $14.02B | $13.69B | $10.24B | $8.76B | $8.10B | $8.73B | $7.46B |
| Property, plant and equipment | $12.32B | $11.35B | $10.00B | $6.88B | $5.14B | $3.27B | $3.30B | $3.18B | $2.66B | $2.51B |
| Goodwill | $4.33B | $4.36B | $4.36B | $4.36B | $4.36B | $4.36B | $4.36B | $4.36B | $4.36B | $4.36B |
| Other intangibles | — | — | — | — | — | $152.0M | $340.0M | $628.0M | $946.0M | $1.26B |
| Total assets | $34.59B | $35.51B | $32.35B | $27.21B | $24.68B | $19.35B | $18.02B | $17.14B | $17.64B | $16.43B |
| Accounts payable | $756.0M | $820.0M | $802.0M | $851.0M | $571.0M | $415.0M | $388.0M | $478.0M | $466.0M | $396.0M |
| Short-term debt | $500.0M | $750.0M | $599.0M | $500.0M | $500.0M | $550.0M | $500.0M | $749.0M | $500.0M | $631.0M |
| Total current liabilities | $3.16B | $3.64B | $3.32B | $2.98B | $2.57B | $2.39B | $2.12B | $2.47B | $2.26B | $2.26B |
| Long-term debt | $13.55B | $12.85B | $10.62B | $8.23B | $7.24B | $6.25B | $5.30B | $4.32B | $3.58B | $2.98B |
| Total liabilities | $18.31B | $18.61B | $15.45B | $12.63B | $11.34B | $10.16B | $9.11B | $8.14B | $7.30B | $5.96B |
| Retained earnings | $52.24B | $52.26B | $52.28B | $50.35B | $45.92B | $42.05B | $39.90B | $37.91B | $34.66B | $33.11B |
| Total equity | $16.27B | $16.90B | $16.90B | $14.58B | $13.33B | $9.19B | $8.91B | $8.99B | $10.34B | $10.47B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $7.15B | $6.32B | $6.42B | $8.72B | $8.76B | $6.14B | $6.65B | $7.19B | $5.36B | $4.61B |
| Depreciation and amortisation | $1.92B | $1.51B | $1.18B | $925.0M | $755.0M | $733.0M | $708.0M | $590.0M | $539.0M | $605.0M |
| Stock-based compensation | $419.0M | $387.0M | $362.0M | $289.0M | $230.0M | $224.0M | $217.0M | $232.0M | $242.0M | $252.0M |
| Capital expenditure | $4.55B | $4.82B | $5.07B | $2.80B | $2.46B | $649.0M | $847.0M | $1.13B | $695.0M | $531.0M |
| Investing cash flow | -$1.44B | -$3.20B | -$4.36B | -$3.58B | -$4.09B | -$922.0M | -$1.92B | -$78.0M | -$1.13B | -$650.0M |
| Financing cash flow | -$5.69B | -$2.88B | -$2.14B | -$6.72B | -$3.14B | -$4.55B | -$4.73B | -$6.33B | -$3.73B | -$3.81B |
| Dividends paid | $5.00B | $4.79B | $4.56B | $4.30B | $3.89B | $3.43B | $3.01B | $2.56B | $2.10B | $1.65B |
| Buybacks | $1.48B | $929.0M | $293.0M | $3.62B | $527.0M | $2.55B | $2.96B | $5.10B | $2.56B | $2.13B |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000097476-26-000059.
Others in SIC 3674
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|---|---|---|---|---|
| NVDA | NVIDIA CORP | $5.55T | 47.0x | 65.5% |
| AVGO | Broadcom Inc. | $1.70T | 75.0x | 23.9% |
| MU | MICRON TECHNOLOGY INC | $1.15T | 133.9x | 48.9% |
| AMD | ADVANCED MICRO DEVICES INC | $779.62B | 180.2x | 34.3% |
| INTC | INTEL CORP | $483.22B | — | -0.5% |
| AMAT | APPLIED MATERIALS INC /DE | $360.86B | 52.5x | 4.4% |
| MRVL | Marvell Technology, Inc. | $196.03B | 72.8x | 42.1% |
| ADI | ANALOG DEVICES INC | $175.53B | 79.4x | 16.9% |