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Texas Instruments TXN Price / sales

Price / sales at other companies

Analog Devices logo
Analog DevicesADI
15.8×+4.9×
Semtech logo
SemtechSMTC
+6.3×
Vicor logo
VicorVICR
15.5×+9.8×
Microchip Technology logo
Microchip TechnologyMCHP
7.4×+1.5×
Rambus logo
RambusRMBS
12.9×+3.7×
ON Semiconductor logo
ON SemiconductorON
+1.5×

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×

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 / sales?
Texas Instruments (TXN) reported price / sales of 9.6× in Q1 2026.
How has Texas Instruments's price / sales changed year-over-year?
Texas Instruments's price / sales decreased by 5.9% year-over-year, from 10.2× to 9.6×.
What is the long-term trend for Texas Instruments's price / sales?
Over 4 years (2021 to 2025), Texas Instruments's price / sales has grown at a -0.9% compound annual growth rate (CAGR), from 41.5× to 40×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.