Texas Instruments Incorporated TXN

278.07 7.42 2.74% as of 25 Sep
Market cap
$249.3B
P/E
41.9×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Texas Instruments Incorporated (TXN) Operating margin

Texas Instruments Incorporated's operating margin over the twelve months to 30 June 2026 was 37.3%, up 3.2 percentage points from fiscal 2025 (34.1%). Over the past ten years it has ranged from 33.3% (fiscal 2015) to 50.6% (fiscal 2022); the current reading is higher than 18% of that period. That is above the Semiconductors industry median of 4.85% and above the Technology sector median of 0.08%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 34.1% (0.88)
FY2024 34.9% (6.91)
FY2023 41.9% (8.78)
FY2022 50.6% 1.79
FY2021 48.8% 8.08
FY2020 40.8% 0.97
FY2019 39.8% (2.74)
FY2018 42.5% 1.87
FY2017 40.7% 4.35
FY2016 36.3% 3.06

Quarterly

Period Operating margin Change (points)
Jun 2026 42.3% 4.81
Mar 2026 37.5% 4.17
Dec 2025 33.3% (1.77)
Sep 2025 35.1% (0.07)
42 more quarters

Against its own ten years

Low 33.3% High 50.6%
Ten-year median 40.7%
Current reading's percentile 18

Operating margin against peers

Company Operating margin
TXN Texas Instruments Incorporated 37.3%
ADI Analog Devices, Inc. compare 35.6%
MPWR Monolithic Power Systems, Inc. compare 28.7%
QCOM QUALCOMM Incorporated compare 23.2%
ALAB Astera Labs, Inc. compare 22.8%
ARM ARM Holdings PLC Sponsored ADR compare 17.0%
MRVL Marvell Technology, Inc. compare 16.5%
ASX ASE Technology Holding Co., Ltd. compare 9.85%
INTC Intel Corporation compare −0.14%
Semiconductors industry median 4.85%
Technology sector median 0.08%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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