Texas Instruments Incorporated TXN
- Market cap
- $249.3B
- P/E
- 41.9×
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Texas Instruments Incorporated (TXN) Price to free cash flow
As of 25 September 2026, Texas Instruments Incorporated (TXN) trades at a price to free cash flow of 47.0×. 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 47.0× and above the Technology sector median of 19.8×.
Price to free cash flow, daily
Annual
| 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
| 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 | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| ASX ASE Technology Holding Co., Ltd. compare | n/m |
| QCOM QUALCOMM Incorporated compare | 20.5× |
| ADI Analog Devices, Inc. compare | 38.7× |
| TXN Texas Instruments Incorporated | 47.0× |
| MRVL Marvell Technology, Inc. compare | 136× |
| MPWR Monolithic Power Systems, Inc. compare | 175× |
| ARM ARM Holdings PLC Sponsored ADR compare | 225× |
| ALAB Astera Labs, Inc. compare | 227× |
| INTC Intel Corporation compare | 250× |
| Semiconductors industry median | 47.0× |
| Technology sector median | 19.8× |
| Market median | 14.0× |
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)))
More on TXN
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- EV/EBITDA
- EV/Sales
- 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
- The full statement