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.
Follow TXN
Texas Instruments Incorporated (TXN) P/B ratio
As of 16 October 2026, Texas Instruments Incorporated (TXN) trades at a P/B ratio of 14.0×. Over the past ten years it has ranged from 4.4× (August 2015) to 18.9× (March 2021); the current reading is higher than 83% of that period. That is above the Semiconductors industry median of 4.9× and above the Technology sector median of 2.7×.
P/B ratio, daily
Embed this chart
Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 9.7× | (4.21%) |
| FY2024 | 10.1× | 11.23% |
| FY2023 | 9.1× | (11.31%) |
| FY2022 | 10.3× | (21.39%) |
| FY2021 | 13.0× | (20.71%) |
| FY2020 | 16.5× | 22.05% |
| FY2019 | 13.5× | 32.28% |
| FY2018 | 10.2× | 0.70% |
| FY2017 | 10.1× | 43.62% |
| FY2016 | 7.0× | 24.15% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 15.1× | 43.53% |
| Mar 2026 | 10.5× | 8.53% |
| Dec 2025 | 9.7× | (3.52%) |
| Sep 2025 | 10.0× | (12.60%) |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| INTC Intel Corporation compare | 4.4× |
| ADI Analog Devices, Inc. compare | 5.7× |
| QCOM QUALCOMM Incorporated compare | 6.6× |
| MU Micron Technology, Inc. compare | 7.2× |
| ASX ASE Technology Holding Co., Ltd. compare | 7.6× |
| MRVL Marvell Technology, Inc. compare | 11.0× |
| AMD Advanced Micro Devices, Inc. compare | 12.8× |
| TXN Texas Instruments Incorporated | 14.0× |
| ARM ARM Holdings PLC Sponsored ADR compare | 28.1× |
| Semiconductors industry median | 4.9× |
| Technology sector median | 2.7× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on TXN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement