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Texas Instruments TXN Return on invested capital

Return on invested capital at other companies

Skyworks Solutions logo
Skyworks SolutionsSWKS
5.4%-1.0pp
Analog Devices logo
Analog DevicesADI
8.7%+3.7pp
Diodes logo
DiodesDIOD
2.9%+0.9pp
Semtech logo
SemtechSMTC
9.4%+0.9pp
Vicor logo
VicorVICR
26.5%+6.9pp
Cirrus Logic logo
Cirrus LogicCRUS
25.5%+5.3pp

Other financials

Income statement

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Revenue$5.5B+22.8%
Gross profit$3.4B+30.2%
Operating income$2.3B+47.8%
Net income$2.0B+52.9%
EPS (diluted)$2.14+51.8%

Balance sheet

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Cash & equivalents$3.7B+20.2%
Total debt$14.1B+0.1%
Total equity$18.0B+9.8%
Total assets$35.9B+2.7%

Cash flow

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Operating cash flow$2.7B+45.3%
CapEx$514.0M-60.6%
Free cash flow$2.2B+294%

Valuation

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Market cap$251.82B+51.6%
Enterprise value$262.21B+48.0%
P/E41.6×+8.7×
P/S12.9×+3.0×

Profitability

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Gross margin58.3%+0.3pp
Operating margin37.3%+2.4pp
Net margin31.1%+0.9pp
FCF margin27.5%+18.5pp

Returns & leverage

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Return on equity35.2%+5.2pp
Debt / equity0.8×-0.1×
Current ratio4.9×-1.0×

Where this comes from

Calculated from Texas Instruments’s reported figures.

Based on trailing twelve months.

The source filing: Texas Instruments’s 10-Q, filed July 24, 2026. Open the filing →

Filed
Jul 24, 2026, 9:33 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000097476-26-000152

FAQ

What is Texas Instruments's return on invested capital?
Texas Instruments (TXN) reported return on invested capital of 22.8% in Q2 2026.
How has Texas Instruments's return on invested capital changed year-over-year?
Texas Instruments's return on invested capital increased by 22.7% year-over-year, from 18.6% to 22.8%.
What is the long-term trend for Texas Instruments's return on invested capital?
Over 5 years (2020 to 2025), Texas Instruments's return on invested capital has grown at a -15.0% compound annual growth rate (CAGR), from 42.5% to 18.9%.
What does return on invested capital mean?
Net operating profit after tax (operating income taxed at the effective rate) divided by average invested capital (debt plus equity minus cash). Measures the after-tax return on all capital put to work in the business, independent of capital structure.

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