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%-0.7pp	57%-1.1pp	57.5%-1.1pp	58%-1.3pp	58%-3.0pp
Operating margin	35.3%+1.0pp	34.1%-0.9pp	34.3%-1.4pp	34.9%-2.1pp	34.3%-5.5pp
Net margin	29.1%-1.3pp	28.3%-2.4pp	29.2%-2.4pp	30.2%-2.8pp	30.4%-4.8pp
EBITDA margin	46.3%+2.2pp	44.9%+0.3pp	44.7%0.0pp	45%-0.3pp	44.2%-3.1pp
Free cash flow margin	20.2%+11.1pp	14.7%+5.1pp	12%+2.7pp	9%-0.3pp	9.1%+3.2pp
Returns
Return on equity	32.3%+3.2pp	30.1%+1.8pp	29.8%+0.5pp	30%-2.1pp	29.2%-7.5pp
Return on assets	15.8%+1.6pp	14.3%+0.1pp	14.3%-0.5pp	14.4%-1.7pp	14.2%-4.2pp
Return on invested capital	21.1%+3.2pp	18.9%+1.0pp	18.8%+0.4pp	18.6%-1.7pp	17.9%-5.7pp
Efficiency
Asset turnover	0.5×+0.1×	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×-0.1×
Inventory turnover	1.7×+0.1×	1.6×+0.1×	1.6×0.0×	1.6×-0.1×	1.5×-0.2×
Liquidity
Current ratio	4.5×-0.8×	4.4×+0.2×	4.5×+0.1×	5.8×+1.2×	5.3×+0.3×
Quick ratio	2.9×-0.4×	2.8×-0.1×	2.9×-0.2×	3.9×+0.4×	3.4×-0.4×
Cash ratio	1.1×0.0×	1×+0.1×	1.1×+0.4×	1.2×+0.5×	1.1×+0.4×
Leverage
Debt-to-equity	0.8×+0.1×	0.9×+0.1×	0.8×0.0×	0.9×0.0×	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×-0.2×	1.5×-0.1×	1.4×-0.1×
Per Share
Book value per share	$18.36+2.5%	$17.82-3.1%	$18.19-3.1%	$17.99-4.0%	$17.91-3.3%
Valuation
Market capitalization	$176.76B+8.1%	$157.64B-7.8%	$167.04B-11.3%	$186.97B+5.6%	$163.51B+3.1%
Enterprise value	$187.26B+7.9%	$169.19B-7.2%	$177.77B-11.0%	$197.97B+5.2%	$173.6B+2.0%
Price / earnings	32.9×-0.6×	31.5×-4.1×	33.1×-4.8×	37.1×+3.8×	33.6×+6.7×
Price / sales	9.6×-0.6×	8.9×-2.0×	9.7×-2.3×	11.2×+0.2×	10.2×+0.8×
Price / book	10.5×+0.6×	9.7×-0.4×	10×-0.9×	11.4×+1.1×	10×+0.6×
EV / EBITDA	21.9×-2.6×	21.3×-4.8×	23×-5.4×	26.4×+0.6×	24.5×+3.0×
EV / sales	10.2×-0.7×	9.6×-2.1×	10.3×-2.4×	11.9×+0.2×	10.8×+0.7×
Free cash flow yield	2.1%+1.2pp	1.7%+0.8pp	1.2%+0.5pp	0.8%0.0pp	0.9%+0.3pp
Earnings yield	3%+0.1pp	3.2%+0.4pp	3%+0.4pp	2.7%-0.3pp	3%-0.7pp
Dividend yield	2.9%-0.1pp	3.2%+0.4pp	3%+0.4pp	2.6%0.0pp	3%+0.1pp
PEG ratio	3.2×—	7.5×—	21.1×—	——	——

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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.