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Price / book at other companies

Analog Devices logo
Analog DevicesADI
+2.9×
Semtech logo
SemtechSMTC
17.1×+12.6×
Vicor logo
VicorVICR
9.7×+6.0×
Microchip Technology logo
Microchip TechnologyMCHP
5.4×+1.8×
Rambus logo
RambusRMBS
6.7×+1.9×
ON Semiconductor logo
ON SemiconductorON
3.3×+1.2×

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 price / book?
Texas Instruments (TXN) reported price / book of 10.5× in Q1 2026.
How has Texas Instruments's price / book changed year-over-year?
Texas Instruments's price / book increased by 5.7% year-over-year, from 10× to 10.5×.
What is the long-term trend for Texas Instruments's price / book?
Over 4 years (2021 to 2025), Texas Instruments's price / book has grown at a -9.3% compound annual growth rate (CAGR), from 60.8× to 41.1×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.