Texas Instruments Incorporated

TXN Technology Semiconductors

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%
Market cap
$254.9B
P/E
41.7×
Fwd P/E
37.1×
Dividend yield
2.60%
F-score
7/9
Altman Z
8.74
Beneish M
−2.67
Dividend safety
43/100

Texas Instruments Incorporated (TXN) Price to free cash flow

Alert me on Price to free cash flow

As of 16 October 2026, Texas Instruments Incorporated (TXN) trades at a price to free cash flow of 46.8×. Over the past ten years it has ranged from 11.6× (August 2015) to 163× (May 2024); the current reading is higher than 74% of that period. That is in line with the Semiconductors industry median of 48.3× and above the Technology sector median of 20.0×.

Price to free cash flow, daily

Embed this chart

Annual newest first

Period Price to free cash flow Change
FY2025 60.6× (40.04%)
FY2024 101× (11.14%)
FY2023 114× 350.59%
FY2022 25.2× (7.63%)
FY2021 27.3× (0.73%)
FY2020 27.5× 33.63%
FY2019 20.6× 36.28%
FY2018 15.1× (32.01%)
FY2017 22.2× 22.94%
FY2016 18.1× 26.66%

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 50.4× 6.45%
Mar 2026 47.3× (21.82%)
Dec 2025 60.6× (24.50%)
Sep 2025 80.2× (36.00%)
42 more quarters

Against its own ten years

Low 11.6× High 163×
Ten-year median 23.9×
Current reading's percentile 74

Price to free cash flow against peers

Company Price to free cash flow
ASX ASE Technology Holding Co., Ltd. compare n/m
MU Micron Technology, Inc. compare 16.8×
QCOM QUALCOMM Incorporated compare 17.4×
ADI Analog Devices, Inc. compare 38.9×
TXN Texas Instruments Incorporated 46.8×
AMD Advanced Micro Devices, Inc. compare 103×
MRVL Marvell Technology, Inc. compare 119×
ARM ARM Holdings PLC Sponsored ADR compare 165×
INTC Intel Corporation compare 183×
Semiconductors industry median 48.3×
Technology sector median 20.0×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

More on TXN