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

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	229.9%-0.7pp	230.6%-1.1pp	231.7%-1.1pp	232.8%-1.3pp	234.2%-3.0pp
Operating margin	138.6%+1.0pp	137.6%-0.9pp	138.4%-1.4pp	139.9%-2.1pp	142%-5.5pp
Net margin	116.8%-1.3pp	118.1%-2.4pp	120.5%-2.4pp	122.9%-2.8pp	125.7%-4.8pp
EBITDA margin	181%+2.2pp	178.8%+0.3pp	178.5%0.0pp	178.5%-0.3pp	178.9%-3.1pp
Free cash flow margin	56%+11.1pp	44.8%+5.1pp	39.7%+2.7pp	37%-0.3pp	37.3%+3.2pp
Returns
Return on equity	122.2%+3.2pp	119.1%+1.8pp	117.3%+0.5pp	116.9%-2.1pp	118.9%-7.5pp
Return on assets	58.8%+1.6pp	57.2%+0.1pp	57.1%-0.5pp	57.6%-1.7pp	59.3%-4.2pp
Return on invested capital	77.3%+3.2pp	74.1%+1.0pp	73.1%+0.4pp	72.7%-1.7pp	74.4%-5.7pp
Efficiency
Asset turnover	2×+0.1×	1.9×0.0×	1.9×0.0×	1.9×0.0×	1.9×-0.1×
Inventory turnover	6.5×+0.1×	6.3×+0.1×	6.3×0.0×	6.2×-0.1×	6.3×-0.2×
Liquidity
Current ratio	19.1×-0.8×	19.9×+0.2×	19.6×+0.1×	19.5×+1.2×	18.3×+0.3×
Quick ratio	12.6×-0.4×	13×-0.1×	13×-0.2×	13.3×+0.4×	12.9×-0.4×
Cash ratio	4.5×0.0×	4.4×+0.1×	4.3×+0.4×	3.9×+0.5×	3.4×+0.4×
Leverage
Debt-to-equity	3.4×+0.1×	3.4×+0.1×	3.3×0.0×	3.3×0.0×	3.2×-0.1×
Debt-to-assets	1.6×0.0×	1.6×0.0×	1.6×0.0×	1.6×0.0×	1.6×0.0×
Net debt / EBITDA	5.5×-0.2×	5.7×-0.1×	5.9×-0.2×	6.1×-0.1×	6.2×-0.1×
Per Share
Book value per share	$72.36+0.6%	$71.91-0.8%	$72.48-0.8%	$73.06-1.0%	$73.80-0.8%
Valuation
Market capitalization	$688.4B+2.0%	$675.16B-1.9%	$688.57B-3.0%	$709.93B+1.4%	$699.98B+0.7%
Enterprise value	$732.19B+1.9%	$718.53B-1.8%	$731.57B-2.9%	$753.49B+1.3%	$743.69B+0.5%
Price / earnings	134.7×-0.6×	135.3×-4.1×	139.4×-4.8×	144.2×+3.8×	140.5×+6.7×
Price / sales	39.4×-0.6×	40×-2.0×	42×-2.3×	44.3×+0.2×	44.1×+0.8×
Price / book	41.7×+0.6×	41.1×-0.4×	41.5×-0.9×	42.4×+1.1×	41.3×+0.6×
EV / EBITDA	92.6×-2.6×	95.2×-4.8×	100×-5.4×	105.4×+0.6×	104.8×+3.0×
EV / sales	41.9×-0.7×	42.6×-2.1×	44.6×-2.4×	47.1×+0.2×	46.9×+0.7×
Free cash flow yield	5.8%+1.2pp	4.6%+0.8pp	3.8%+0.5pp	3.3%0.0pp	3.4%+0.3pp
Earnings yield	11.9%+0.1pp	11.9%+0.4pp	11.5%+0.4pp	11.1%-0.3pp	11.4%-0.7pp
Dividend yield	11.6%-0.1pp	11.7%+0.4pp	11.4%+0.4pp	10.9%0.0pp	10.9%+0.1pp

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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.