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.

Texas Instruments TXN Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	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
EBITDA margin	46.3%+1.4pp	44.9%+0.2pp	44.7%-0.2pp	45%+0.8pp	44.2%-0.4pp
Free cash flow margin	20.2%+5.5pp	14.7%+2.7pp	12%+3.0pp	9%-0.1pp	9.1%-0.5pp
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 assets	15.8%+1.5pp	14.3%-0.1pp	14.3%-0.1pp	14.4%+0.2pp	14.2%+0.1pp
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×
Inventory turnover	1.7×0.0×	1.6×0.0×	1.6×0.0×	1.6×0.0×	1.5×0.0×
Liquidity
Current ratio	4.5×+0.1×	4.4×-0.1×	4.5×-1.4×	5.8×+0.6×	5.3×+1.1×
Quick ratio	2.9×+0.1×	2.8×-0.1×	2.9×-1.0×	3.9×+0.5×	3.4×+0.5×
Cash ratio	1.1×+0.1×	1×0.0×	1.1×-0.2×	1.2×+0.1×	1.1×+0.2×
Leverage
Debt-to-equity	0.8×-0.1×	0.9×+0.1×	0.8×0.0×	0.9×+0.1×	0.8×-0.1×
Debt-to-assets	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
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%
Enterprise value	$187.26B+10.7%	$169.19B-4.8%	$177.77B-10.2%	$197.97B+14.0%	$173.6B-4.7%
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×
EV / sales	10.2×+0.6×	9.6×-0.7×	10.3×-1.6×	11.9×+1.1×	10.8×-0.8×
Free cash flow yield	2.1%+0.5pp	1.7%+0.4pp	1.2%+0.4pp	0.8%-0.1pp	0.9%0.0pp
Earnings yield	3%-0.1pp	3.2%+0.2pp	3%+0.3pp	2.7%-0.3pp	3%+0.2pp
Dividend yield	2.9%-0.3pp	3.2%+0.2pp	3%+0.3pp	2.6%-0.3pp	3%+0.2pp
PEG ratio	3.2×-4.2×	7.5×-13.6×	21.1×—	——	——

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Texas Instruments.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

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.