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Texas Instruments TXN Price / earnings

Price / earnings at other companies

Analog Devices logo
Analog DevicesADI
60.8×+2.1×
Vicor logo
VicorVICR
53.4×-37.9×
Microchip Technology logo
Microchip TechnologyMCHP
152×
Rambus logo
RambusRMBS
40.5×+13.6×
ON Semiconductor logo
ON SemiconductorON
42.5×+15.5×
Monolithic Power Systems logo
Monolithic Power SystemsMPWR
79×+62.0×

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/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 / earnings?
Texas Instruments (TXN) reported price / earnings of 32.9× in Q1 2026.
How has Texas Instruments's price / earnings changed year-over-year?
Texas Instruments's price / earnings decreased by 1.8% year-over-year, from 33.6× to 32.9×.
What is the long-term trend for Texas Instruments's price / earnings?
Over 4 years (2021 to 2025), Texas Instruments's price / earnings has grown at a 7.5% compound annual growth rate (CAGR), from 101.3× to 135.3×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.