Saturday 17 October 2026
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Texas Instruments Incorporated
Texas Instruments Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $17.7 billion, up 13.0% from fiscal 2024. In the quarter to June 2026, revenue grew 22.8%, EPS grew 51.8%, free cash flow grew 300.2% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for twenty-five consecutive years.
276.72
2.40
−0.86%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
31.49 | 35.72 | 23.67 | 17.11 | 22.44 | 26.95 | 23.98 | 16.43 | 28.61 | 21.83 |
Piotroski F-Score |
7 | 3 | 3 | 6 | 8 | 7 | 5 | 7 | 7 | 9 |
P/S ratio |
8.92 | 10.93 | 8.77 | 7.46 | 9.48 | 10.45 | 8.35 | 5.81 | 6.99 | 5.52 |
Altman Z-Score |
8.74 | 8.91 | 10.00 | 12.23 | 14.29 | 14.20 | 13.30 | 12.46 | 13.68 | 12.36 |
Altman Z″-Score (non-manufacturers) |
9.04 | 8.89 | 10.33 | 12.41 | 12.70 | 12.74 | 12.80 | 13.16 | 12.62 | 12.47 |
P/FCF ratio |
60.56 | 101.01 | 113.67 | 25.23 | 27.31 | 27.51 | 20.59 | 15.11 | 22.22 | 18.08 |
Beneish M-Score |
(2.67) | (2.65) | (2.51) | (2.36) | (2.46) | (2.38) | (3.04) | (3.03) | (2.95) | (2.69) |
P/Operating CF |
69.97 | 85.59 | 79.88 | 73.21 | 73.80 | 71.14 | 68.46 | 42.73 | 54.24 | 53.21 |
Dividend Safety Score |
43 | — | — | — | — | — | — | — | — | — |
P/B ratio |
9.69 | 10.12 | 9.10 | 10.26 | 13.05 | 16.45 | 13.48 | 10.19 | 10.12 | 7.05 |
Price to Tangible BV |
13.20 | 13.64 | 12.26 | 14.64 | 19.39 | 31.33 | 28.56 | 22.89 | 20.80 | 15.23 |
EV/Sales |
9.44 | 11.32 | 8.92 | 7.45 | 9.37 | 10.47 | 8.38 | 5.86 | 6.97 | 5.53 |
EV/EBITDA |
20.80 | 25.13 | 18.24 | 13.42 | 17.35 | 21.99 | 17.79 | 12.06 | 14.92 | 12.72 |
EV/Operating CF |
23.33 | 28.02 | 24.35 | 17.11 | 19.64 | 24.66 | 18.12 | 12.87 | 19.43 | 16.02 |
EV/FCF |
64.08 | 104.56 | 115.63 | 25.17 | 27.00 | 27.56 | 20.66 | 15.25 | 22.14 | 18.10 |
Quick Ratio |
2.17 | 2.55 | 3.12 | 3.67 | 4.45 | 3.34 | 3.04 | 2.20 | 2.55 | 2.10 |
Current Ratio |
4.35 | 4.12 | 4.55 | 4.70 | 5.33 | 4.28 | 4.13 | 3.27 | 3.87 | 3.29 |
Net Debt/EBITDA |
1.14 | 0.85 | 0.31 | (0.03) | (0.20) | 0.03 | 0.06 | 0.11 | (0.06) | 0.02 |
Debt/Assets |
40.62% | 38.29% | 34.69% | 32.11% | 31.37% | 35.13% | 32.21% | 29.57% | 23.11% | 21.96% |
Debt/Equity |
0.86 | 0.80 | 0.66 | 0.60 | 0.58 | 0.74 | 0.65 | 0.56 | 0.39 | 0.34 |
Asset Turnover |
0.50 | 0.46 | 0.59 | 0.77 | 0.83 | 0.77 | 0.82 | 0.91 | 0.88 | 0.82 |
Operating CF/Net income |
1.44 | 1.32 | 0.99 | 1.00 | 1.13 | 1.10 | 1.33 | 1.30 | 1.47 | 1.28 |
Capex/Depreciation |
(2.28) | (2.93) | (4.09) | (2.85) | (2.50) | (0.65) | (0.78) | (1.18) | (0.72) | (0.56) |
Interest Coverage |
11.09 | 10.76 | 20.77 | 47.38 | 48.70 | 31.02 | 33.66 | 53.70 | 77.99 | 60.69 |
| 29.98% | 28.25% | 41.16% | 62.41% | 68.70% | 61.55% | 55.70% | 57.29% | 35.06% | 35.21% | |
| 14.19% | 14.07% | 21.75% | 33.58% | 35.14% | 29.80% | 28.36% | 31.84% | 21.41% | 22.01% | |
ROIC |
14.80% | 14.90% | 23.44% | 44.49% | 49.40% | 39.12% | 38.37% | 42.69% | 38.23% | 28.65% |
Return on Tangible Assets |
21.71% | 21.01% | 29.71% | 48.63% | 47.59% | 50.08% | 50.15% | 62.88% | 39.91% | 46.66% |
Average Days of Receivables |
40.52 | 40.11 | 37.23 | 34.54 | 33.85 | 35.69 | 27.26 | 27.91 | 31.18 | 34.59 |
Research and Development Expense of Revenue |
11.78% | 12.52% | 10.63% | 8.34% | 8.47% | 10.58% | 10.73% | 9.88% | 10.08% | 10.14% |
Selling, General and Administrative Expense of Revenue |
10.52% | 11.47% | 10.42% | 8.51% | 9.08% | 11.22% | 11.44% | 10.67% | 11.32% | 13.03% |
Intangible Assets out of Total Assets |
0.13 | 0.12 | 0.13 | 0.16 | 0.18 | 0.23 | 0.26 | 0.29 | 0.30 | 0.34 |
Share Based Compensation of Revenue |
2.37% | 2.47% | 2.07% | 1.44% | 1.25% | 1.55% | 1.51% | 1.47% | 1.62% | 1.88% |
Graham Net Nets |
(0.03) | (0.02) | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 |
Graham Number |
47.11 | 46.79 | 54.72 | 58.45 | 52.25 | 36.97 | 33.85 | 34.64 | 29.43 | 28.14 |
Earnings Yield |
3.18% | 2.80% | 4.22% | 5.85% | 4.46% | 3.71% | 4.17% | 6.08% | 3.50% | 4.58% |
Free Cash Flow Yield |
1.65% | 0.99% | 0.88% | 3.96% | 3.66% | 3.63% | 4.86% | 6.62% | 4.50% | 5.53% |
Revenue per Share |
19.45 | 17.15 | 19.29 | 21.86 | 19.87 | 15.70 | 15.37 | 16.27 | 15.10 | 13.33 |
Operating CF per Share |
7.87 | 6.93 | 7.07 | 9.52 | 9.49 | 6.67 | 7.10 | 7.41 | 5.41 | 4.60 |
Capex per Share |
(5.00) | (5.07) | (5.58) | (3.05) | (2.59) | (0.70) | (0.87) | (1.16) | (0.66) | (0.53) |
Free Cash Flow per Share |
2.86 | 1.86 | 1.49 | 6.47 | 6.90 | 5.97 | 6.23 | 6.25 | 4.75 | 4.07 |
Cash per Share |
5.37 | 8.31 | 9.44 | 9.90 | 10.55 | 7.13 | 5.76 | 4.36 | 4.51 | 3.48 |
Shareholders Equity per Share |
17.90 | 18.53 | 18.61 | 15.91 | 14.45 | 9.98 | 9.52 | 9.27 | 10.43 | 10.44 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
17.90 | 18.53 | 18.61 | 15.91 | 14.45 | 9.98 | 9.52 | 9.27 | 10.43 | 10.44 |
Free Cash Flow |
2,604.00 | 1,693.00 | 1,352.00 | 5,926.00 | 6,369.00 | 5,494.00 | 5,832.00 | 6,067.00 | 4,708.00 | 4,083.00 |
Working Capital |
10,591.00 | 11,383.00 | 11,802.00 | 11,036.00 | 11,116.00 | 7,849.00 | 6,638.00 | 5,623.00 | 6,476.00 | 5,193.00 |
Capital Expenditures |
(4,549.00) | (4,625.00) | (5,068.00) | (2,794.00) | (2,387.00) | (645.00) | (817.00) | (1,122.00) | (655.00) | (531.00) |
Net Current Asset Value |
(4,562.00) | (3,580.00) | (329.00) | 1,391.00 | 2,342.00 | 75.00 | (350.00) | (46.00) | 1,429.00 | 1,499.00 |
EV/EBIT |
27.71 | 32.39 | 21.33 | 14.71 | 19.19 | 25.69 | 21.05 | 13.78 | 17.13 | 15.23 |
Capex to Sales |
0.26 | 0.30 | 0.29 | 0.14 | 0.13 | 0.04 | 0.06 | 0.07 | 0.04 | 0.04 |
Price to Operating Income |
26.18 | 31.29 | 20.96 | 14.74 | 19.41 | 25.65 | 20.98 | 13.65 | 17.20 | 15.20 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.16 | 0.14 | 0.12 | 0.14 | 0.19 | 0.30 | 0.32 | 0.30 | 0.34 | 0.38 |
Cash ROIC |
7.40% | 4.45% | 3.68% | 18.30% | 20.67% | 24.36% | 29.02% | 33.16% | 24.93% | 23.24% |
Accounts Receivable Turnover |
9.60 | 8.92 | 9.52 | 11.14 | 11.78 | 11.62 | 12.61 | 12.70 | 11.76 | 11.00 |
Accounts Payable Turnover |
9.64 | 8.07 | 7.86 | 8.80 | 12.11 | 12.93 | 12.05 | 11.67 | 12.41 | 13.08 |
Inventory Turnover |
1.63 | 1.54 | 1.92 | 2.68 | 3.09 | 2.62 | 2.47 | 2.64 | 2.85 | 2.94 |
Average Days of Payables |
36.31 | 45.72 | 45.04 | 49.64 | 34.92 | 29.17 | 27.14 | 31.68 | 31.81 | 28.27 |
Days of Inventory on Hand |
230.75 | 252.38 | 224.56 | 160.83 | 116.81 | 137.44 | 139.94 | 146.94 | 133.59 | 127.78 |
Average Receivables |
1,841.00 | 1,753.00 | 1,841.00 | 1,798.00 | 1,557.50 | 1,244.00 | 1,140.50 | 1,242.50 | 1,272.50 | 1,216.00 |
Average Payables |
788.00 | 811.00 | 826.50 | 711.00 | 493.00 | 401.50 | 433.00 | 472.00 | 431.00 | 391.00 |
Average Inventory |
4,665.50 | 4,263.00 | 3,378.00 | 2,333.50 | 1,932.50 | 1,978.00 | 2,109.00 | 2,087.00 | 1,873.50 | 1,740.50 |
Average Assets |
35,047.00 | 33,928.50 | 29,777.50 | 25,941.50 | 22,013.50 | 18,684.50 | 17,577.50 | 17,389.50 | 17,036.50 | 16,330.50 |
Average Common Equity |
16,588.00 | 16,900.00 | 15,737.00 | 13,955.00 | 11,260.00 | 9,047.00 | 8,950.50 | 9,665.50 | 10,405.00 | 10,209.50 |
Columns are period end dates