Texas Instruments TXN Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 57.3%+0.3pp | 57%-0.5pp | 57.5%-0.5pp | 58%0.0pp | 58%-0.1pp | |
| Operating margin | 35.3%+1.2pp | 34.1%-0.3pp | 34.3%-0.6pp | 34.9%+0.6pp | 34.3%-0.7pp | |
| Net margin | 29.1%+0.8pp | 28.3%-0.9pp | 29.2%-1.0pp | 30.2%-0.1pp | 30.4%-0.3pp | |
| Returns | ||||||
| Return on equity | 32.3%+2.2pp | 30.1%+0.4pp | 29.8%-0.2pp | 30%+0.8pp | 29.2%+0.8pp | |
| Return on invested capital | 21.1%+2.3pp | 18.9%+0.1pp | 18.8%+0.2pp | 18.6%+0.7pp | 17.9%0.0pp | |
| Efficiency | ||||||
| Asset turnover | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Liquidity | ||||||
| Current ratio | 4.5×+0.1× | 4.4×-0.1× | 4.5×-1.4× | 5.8×+0.6× | 5.3×+1.1× | |
| Leverage | ||||||
| Debt-to-equity | 0.8×-0.1× | 0.9×+0.1× | 0.8×0.0× | 0.9×+0.1× | 0.8×-0.1× | |
| Net debt / EBITDA | 1.2×-0.2× | 1.5×+0.1× | 1.4×-0.1× | 1.5×0.0× | 1.4×-0.2× | |
| Per Share | ||||||
| Book value per share | $18.36+3.0% | $17.82-2.0% | $18.19+1.1% | $17.99+0.4% | $17.91-2.6% | |
| Valuation | ||||||
| Market capitalization | $176.76B+12.1% | $157.64B-5.6% | $167.04B-10.7% | $186.97B+14.3% | $163.51B-4.4% | |
| Price / earnings | 32.9×+1.4× | 31.5×-1.6× | 33.1×-4.0× | 37.1×+3.5× | 33.6×-2.1× | |
| Price / sales | 9.6×+0.7× | 8.9×-0.8× | 9.7×-1.5× | 11.2×+1.0× | 10.2×-0.7× | |
| Price / book | 10.5×+0.8× | 9.7×-0.4× | 10×-1.4× | 11.4×+1.4× | 10×-0.2× | |
| EV / EBITDA | 21.9×+0.6× | 21.3×-1.7× | 23×-3.4× | 26.4×+1.9× | 24.5×-1.6× | |
| Dividend yield | 2.9%-0.3pp | 3.2%+0.2pp | 3%+0.3pp | 2.6%-0.3pp | 3%+0.2pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Texas Instruments's profit margins?
- Texas Instruments (TXN) runs a 57.3% gross margin and a 35.3% operating margin, with a 29.1% net margin.
- Where do Texas Instruments's ratios come from?
- Every ratio is computed from Texas Instruments's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
