Texas Instruments Incorporated TXN
- Market cap
- $249.3B
- P/E
- 41.9×
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Texas Instruments Incorporated (TXN) Return on invested capital
Texas Instruments Incorporated's return on invested capital over the twelve months to 30 June 2026 was 18.1%, up 3.3 percentage points from fiscal 2025 (14.8%). Over the past ten years it has ranged from 14.8% (fiscal 2025) to 49.4% (fiscal 2021) — the current reading is the lowest in ten years. That is above the Semiconductors industry median of 2.46% and above the Technology sector median of 0.00%.
Return on invested capital, annual
Annual
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 14.8% | (0.10) |
| FY2024 | 14.9% | (8.54) |
| FY2023 | 23.4% | (21.05) |
| FY2022 | 44.5% | (4.91) |
| FY2021 | 49.4% | 10.28 |
| FY2020 | 39.1% | 0.75 |
| FY2019 | 38.4% | (4.32) |
| FY2018 | 42.7% | 4.46 |
| FY2017 | 38.2% | 9.58 |
| FY2016 | 28.7% | 3.75 |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| ALAB Astera Labs, Inc. compare | 36.2% |
| MPWR Monolithic Power Systems, Inc. compare | 23.7% |
| QCOM QUALCOMM Incorporated compare | 18.5% |
| TXN Texas Instruments Incorporated | 18.1% |
| ARM ARM Holdings PLC Sponsored ADR compare | 11.6% |
| ASX ASE Technology Holding Co., Ltd. compare | 8.05% |
| ADI Analog Devices, Inc. compare | 7.84% |
| MRVL Marvell Technology, Inc. compare | 4.99% |
| INTC Intel Corporation compare | −0.04% |
| Semiconductors industry median | 2.46% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement