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Texas Instruments TXN Net debt / EBITDA

Net debt / EBITDA at other companies

Analog Devices logo
Analog DevicesADI
1.1×0.0×
Semtech logo
SemtechSMTC
-0.6×
Vicor logo
VicorVICR
-3.3×-1.2×
Microchip Technology logo
Microchip TechnologyMCHP
4.6×
Rambus logo
RambusRMBS
-0.4×0.0×
ON Semiconductor logo
ON SemiconductorON
0.9×+0.2×

Other financials

Income statement

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Revenue$4.8B+18.6%
Gross profit$2.8B+21.0%
Operating income$1.8B+36.6%
Net income$1.5B+31.0%
EPS (diluted)$1.68+31.3%

Balance sheet

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Cash & equivalents$3.5B+28.4%
Total debt$14.1B+9.4%
Total equity$16.8B+2.3%
Total assets$34.4B+1.9%

Cash flow

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Operating cash flow$1.5B+79.0%
CapEx$676.0M-39.8%
Free cash flow$844.0M+408%

Valuation

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Market cap$274.74B+8.1%
Enterprise value$285.24B+7.9%
P/E51.2×-1.0×
P/S14.9×-0.9×

Profitability

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Gross margin57.3%-0.7pp
Operating margin35.3%+1.0pp
Net margin29.1%-1.3pp

Returns & leverage

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Return on equity32.3%+3.2pp
Debt / equity0.8×+0.1×
Current ratio4.5×-0.8×

Where this comes from

Calculated from Texas Instruments’s reported figures.

Based on the most recent quarter.

The official record: Texas Instruments’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Texas Instruments's net debt / EBITDA?
Texas Instruments (TXN) reported net debt / EBITDA of 1.2× in Q1 2026.
How has Texas Instruments's net debt / EBITDA changed year-over-year?
Texas Instruments's net debt / EBITDA decreased by 13.6% year-over-year, from 1.4× to 1.2×.
What is the long-term trend for Texas Instruments's net debt / EBITDA?
Over 4 years (2021 to 2025), Texas Instruments's net debt / EBITDA has grown at a 42.2% compound annual growth rate (CAGR), from 1.4× to 5.7×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.