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.

Revenue
+27.7%
EPS
+76.7%
Free cash flow
+197.4%
Total debt
−3.50%

Quarter to September 2026, against a year earlier

275.98 2.17 −0.78%
Market cap
$254.2B
P/E
36.2×
Fwd P/E
33.2×
Dividend yield
2.05%
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 5 November 2026, Texas Instruments Incorporated (TXN) trades at a price to free cash flow of 35.1×. Over the past ten years it has ranged from 11.6× (August 2015) to 163× (May 2024); the current reading is higher than 71% of that period. That is below the Semiconductors industry median of 43.8× and above the Technology sector median of 18.7×.

Price to free cash flow, daily

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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
Sep 2026 34.8× (30.95%)
Jun 2026 50.4× 6.45%
Mar 2026 47.3× (21.82%)
Dec 2025 60.6× (24.50%)
43 more quarters

Against its own ten years

Low 11.6× High 163×
Ten-year median 24.0×
Current reading's percentile 71

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 12.8×
QCOM QUALCOMM Incorporated compare 18.6×
TXN Texas Instruments Incorporated 35.1×
ADI Analog Devices, Inc. compare 36.1×
MRVL Marvell Technology, Inc. compare 71.1×
INTC Intel Corporation compare 81.5×
AMD Advanced Micro Devices, Inc. compare 96.1×
ARM ARM Holdings PLC Sponsored ADR compare 123×
Semiconductors industry median 43.8×
Technology sector median 18.7×
Market median 14.1×

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 →

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