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%-4.3pp	230.6%-6.6pp	231.7%-10.2pp	232.8%-14.9pp	234.2%-20.5pp
Operating margin	138.6%-3.5pp	137.6%-10.0pp	138.4%-16.0pp	139.9%-22.8pp	142%-30.2pp
Net margin	116.8%-8.8pp	118.1%-12.4pp	120.5%-16.4pp	122.9%-21.7pp	125.7%-26.7pp
EBITDA margin	181%+2.1pp	178.8%-3.1pp	178.5%-7.4pp	178.5%-12.7pp	178.9%-19.2pp
Free cash flow margin	56%+18.7pp	44.8%+10.8pp	39.7%+7.2pp	37%+4.5pp	37.3%-3.1pp
Returns
Return on equity	122.2%+3.3pp	119.1%-7.3pp	117.3%-22.0pp	116.9%-38.8pp	118.9%-55.9pp
Return on assets	58.8%-0.5pp	57.2%-6.3pp	57.1%-14.1pp	57.6%-23.4pp	59.3%-33.3pp
Return on invested capital	77.3%+3.0pp	74.1%-5.9pp	73.1%-16.8pp	72.7%-30.4pp	74.4%-45.7pp
Efficiency
Asset turnover	2×+0.1×	1.9×0.0×	1.9×-0.2×	1.9×-0.4×	1.9×-0.5×
Inventory turnover	6.5×+0.2×	6.3×-0.2×	6.3×-0.7×	6.2×-1.2×	6.3×-1.6×
Liquidity
Current ratio	19.1×+0.8×	19.9×+1.9×	19.6×+1.3×	19.5×-0.3×	18.3×-2.6×
Quick ratio	12.6×-0.3×	13×-0.3×	13×-0.7×	13.3×-1.5×	12.9×-2.8×
Cash ratio	4.5×+1.0×	4.4×+1.4×	4.3×+1.2×	3.9×+0.6×	3.4×-0.4×
Leverage
Debt-to-equity	3.4×+0.2×	3.4×+0.1×	3.3×+0.2×	3.3×+0.3×	3.2×+0.3×
Debt-to-assets	1.6×+0.1×	1.6×0.0×	1.6×0.0×	1.6×+0.1×	1.6×+0.1×
Net debt / EBITDA	5.5×-0.6×	5.7×-0.5×	5.9×+0.2×	6.1×+1.1×	6.2×+1.9×
Per Share
Book value per share	$72.36-2.0%	$71.91-3.4%	$72.48-2.7%	$73.06-1.1%	$73.80+1.8%
Valuation
Market capitalization	$688.4B-1.7%	$675.16B-2.9%	$688.57B+1.5%	$709.93B+11.9%	$699.98B+12.7%
Enterprise value	$732.19B-1.5%	$718.53B-2.9%	$731.57B+1.4%	$753.49B+11.6%	$743.69B+13.0%
Price / earnings	134.7×-5.8×	135.3×+1.5×	139.4×+17.5×	144.2×+40.0×	140.5×+48.3×
Price / sales	39.4×-4.7×	40×-3.4×	42×+0.7×	44.3×+7.1×	44.1×+9.2×
Price / book	41.7×+0.4×	41.1×+0.5×	41.5×+1.8×	42.4×+4.9×	41.3×+3.8×
EV / EBITDA	92.6×-12.2×	95.2×-6.6×	100×+5.2×	105.4×+22.1×	104.8×+29.8×
EV / sales	41.9×-5.0×	42.6×-3.6×	44.6×+0.8×	47.1×+7.4×	46.9×+9.9×
Free cash flow yield	5.8%+2.4pp	4.6%+1.5pp	3.8%+0.7pp	3.3%-0.2pp	3.4%-1.3pp
Earnings yield	11.9%+0.5pp	11.9%-0.3pp	11.5%-2.1pp	11.1%-4.7pp	11.4%-6.1pp
Dividend yield	11.6%+0.7pp	11.7%+0.9pp	11.4%+0.3pp	10.9%-0.7pp	10.9%-0.8pp

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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.