Gross margin
57.0% Fiscal year 2025
Rank 62 of 100: higher than 62% of 153 peers (All). medium.
Rank 52 of 100: higher than 52% of 57 peers (Sector). medium.
Median Technology: 56.1%
Share of revenue left after the direct cost of the products sold.
Texas Instruments is a US semiconductor maker. Its focus is analog chips, which for example control power or convert signals, as well as microcontrollers. The chips are used in industrial equipment, cars and electronics. The company manufactures mostly in its own plants. As of Oct 11, 2026
The company designs and manufactures semiconductors for electronics designers and manufacturers worldwide and is based in Dallas, Texas. It began operations in 1930 and reports in the segments Analog and Embedded Processing as well as Other. Analog chips process real-world signals such as sound, temperature, pressure or light, often convert them into digital data and manage the power supply of electronic devices. The analog offering includes voltage regulators, battery management devices, amplifiers, data converters and motor drivers. Embedded Processing comprises microcontrollers, processors, wireless connectivity and radar products, mainly for industry and cars. Other revenue comes from DLP-branded products, calculators and custom chips; manufacturing takes place mostly in its own plants.
Automatically summarized from SEC annual report (10-K, filed Feb 6, 2026) (website of the US Securities and Exchange Commission) · reviewed Oct 14, 2026
Our own calculation from the exchange’s daily candles, as of Oct 27, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.
Growth, margin and debt compared with the sector – in detail in the fundamental analysis further down. The chart shows the candles without a buy zone.
Growth: yellowMargin: greenDebt: yellow
Texas Instruments · Sector Technology · amounts in USD
Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Feb 6, 2026.
Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.
Fiscal year to Dec 31, 2025
57.0% Fiscal year 2025
Rank 62 of 100: higher than 62% of 153 peers (All). medium.
Rank 52 of 100: higher than 52% of 57 peers (Sector). medium.
Median Technology: 56.1%
Share of revenue left after the direct cost of the products sold.
34.1% Fiscal year 2025
Rank 84 of 100: higher than 84% of 192 peers (All). strong.
Rank 83 of 100: higher than 83% of 60 peers (Sector). strong.
Median Technology: 14.2%
Operating income divided by revenue: what the core business earns before interest and taxes.
28.3% Fiscal year 2025
Rank 81 of 100: higher than 81% of 237 peers (All). strong.
Rank 77 of 100: higher than 77% of 63 peers (Sector). strong.
Median Technology: 12.5%
Profit after all costs, interest and taxes divided by revenue.
30.7% Fiscal year 2025
Rank 74 of 100: higher than 74% of 218 peers (All). strong.
Rank 75 of 100: higher than 75% of 61 peers (Sector). strong.
Median Technology: 13.5%
Net income divided by equity at fiscal year end.
14.5% Fiscal year 2025 (total assets at year end)
Rank 84 of 100: higher than 84% of 238 peers (All). strong.
Rank 74 of 100: higher than 74% of 63 peers (Sector). strong.
Median Technology: 5.9%
Net income divided by total assets at fiscal year end.
47.1% Fiscal year 2025
Rank 64 of 100: higher than 64% of 239 peers (All). medium.
Rank 42 of 100: higher than 42% of 63 peers (Sector). medium.
Median Technology: 51.6%
Equity as a share of total assets. Usually low for banks.
14.7% Fiscal year 2025
Rank 52 of 100: higher than 52% of 213 peers (All). medium.
Rank 43 of 100: higher than 43% of 62 peers (Sector). medium.
Median Technology: 19.0%
Free cash flow divided by revenue.
2.6B USD Fiscal year 2025
Operating cash flow minus capital expenditure on property and equipment.
−4.1% per year
Rank 10 of 100: higher than 10% of 230 peers (All). weak.
Rank 9 of 100: higher than 9% of 59 peers (Sector). weak.
Median Technology: +14.3%
Average growth per year over 3 fiscal years.
+4.1% per year
Rank 15 of 100: higher than 15% of 217 peers (All). weak.
Rank 14 of 100: higher than 14% of 54 peers (Sector). weak.
Median Technology: +14.5%
Average growth per year over 5 fiscal years.
+3.1% per year
Rank 25 of 100: higher than 25% of 157 peers (All). weak.
Rank 18 of 100: higher than 18% of 37 peers (Sector). weak.
Median Technology: +12.4%
Average growth per year over 10 fiscal years.
−16.6% per year
Rank 12 of 100: higher than 12% of 157 peers (All). weak.
Rank 11 of 100: higher than 11% of 32 peers (Sector). weak.
Median Technology: +19.2%
Growth of earnings per share per year, adjusted for stock splits.
−1.8% per year
Rank 11 of 100: higher than 11% of 146 peers (All). weak.
Rank 1 of 100: higher than 1% of 34 peers (Sector). weak.
Median Technology: +17.0%
Growth of earnings per share per year, adjusted for stock splits.
+6.8% per year
Rank 35 of 100: higher than 35% of 140 peers (All). medium.
Rank 20 of 100: higher than 20% of 27 peers (Sector). weak.
Median Technology: +17.5%
Growth of earnings per share per year, adjusted for stock splits.
101% Fiscal year 2025
Dividend per share divided by earnings per share.
+8.1% per year
Rank 46 of 100: higher than 46% of 118 peers (All). medium.
Rank 36 of 100: higher than 36% of 21 peers (Sector). medium.
Median Technology: +11.2%
Growth of the dividend per share per year.
0.5x Fiscal year 2025
Free cash flow per share divided by dividend per share. From 1x the dividend is covered.
6 of 9 Fiscal year 2025
Rank 45 of 100: higher than 45% of 134 peers (All). medium.
Rank 43 of 100: higher than 43% of 44 peers (Sector). medium.
Median Technology: 6.0 of 9
Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.
0.86 at fiscal year end
Rank 38 of 100: lower than 38% of 199 peers (All). medium.
Rank 32 of 100: lower than 32% of 54 peers (Sector). weak.
Median Technology: 0.41
Long-term financial debt divided by equity.
4.35 at fiscal year end
Rank 89 of 100: higher than 89% of 215 peers (All). strong.
Rank 87 of 100: higher than 87% of 63 peers (Sector). strong.
Median Technology: 2.02
Current assets divided by current liabilities.
−2.1% in 5 years
Rank 53 of 100: lower than 53% of 199 peers (All). medium.
Rank 64 of 100: lower than 64% of 51 peers (Sector). medium.
Median Technology: +2.8%
Change in diluted share count. Negative = share buybacks, positive = new shares.
Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.
Price-based criteria (P/E, dividend yield) are shown to signed-in users.
Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock. Rank 0–100 against the 239 stocks we cover and against the sector (from 5 peers); the stronger side is always on the right.
Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.
Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 17.7B USD · Net income 5.0B USD · Net margin 28.3%
Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.
Of 100 USD of revenue, 57.0 USD gross profit, 34.1 USD operating income and 28.3 USD net income remained.
| Item | Amount | of revenue |
|---|---|---|
| Revenue | 17.7B USD | 100.0% |
| Gross profit | 10.1B USD | 57.0% |
| Cost of revenue | 7.6B USD | 43.0% |
| Operating income | 6.0B USD | 34.1% |
| Research & development | 2.1B USD | 11.8% |
| Other operating expenses | 2.0B USD | 11.2% |
| Net income | 5.0B USD | 28.3% |
| Taxes | 709.0M USD | 4.0% |
| Interest & other | 313.0M USD | 1.8% |
Taxes, interest and other items are not available separately in the SEC data; they are combined as the difference.
The operating margin fell in 5 years from 40.8% to 34.1%.
Gross marginOperating marginNet marginReturn on equity fell in 5 years from 60.9% to 30.7%.
Return on equityReturn on assetsThe equity ratio stayed roughly the same in 5 years (47.1%).
EquityLong-term debt in USD Long-term debt, depending on the filing, includes the current portion or leases.The current ratio rose in 5 years from 4.28 to 4.35.
Current ratioFree cash flow fell in 5 years from 5.5B USD to 2.6B USD.
Operating cash flowCapital expenditureFree cash flow in USDThe share count fell in 5 years by 2.1% (mostly through share repurchases).
Diluted share countFrom annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.
How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.
The dividend per share rose in 5 years from 3.72 USD to 5.50 USD.
Dividend per share USD per share Per share as filed with the SEC, including special dividends; obvious filing errors are hidden.The payout ratio rose in 5 years from 62.3% to 100.9%.
Payout ratio (earnings)Payout ratio (free cash flow)Over 5 years, 29.4B USD went back to shareholders, 23% of it through share repurchases. That is 166% of the free cash flow of those years.
Dividends paidShare repurchasesNew shares issued (including employee plans)Free cash flow in USDDividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.
Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users. Log in
Texas Instruments next to 8 stocks of the sector Technology we cover that are closest in revenue. Click a column header to sort the table.
| Symbol | Revenue (FY) | Growth 5 yrs | Gross margin | Op. margin | Net margin | ROE | Equity ratio | FCF margin | Piotroski |
|---|---|---|---|---|---|---|---|---|---|
| ADBE Adobe Inc. | 23.8B USD | +13.1% | 89.3% | 36.6% | 30.0% | 61.3% | 39.4% | 41.4% | 7/9 |
| LRCX Lam Research | 23.2B USD | +9.7% | 50.5% | 35.3% | 31.3% | 58.3% | 53.0% | 21.1% | 8/9 |
| APH Amphenol | 23.1B USD | +21.8% | 36.9% | 25.4% | 18.5% | 31.8% | 37.0% | 19.0% | 7/9 |
| INTU Intuit | 21.4B USD | +17.4% | – | 27.4% | 21.3% | 24.0% | 51.6% | 40.4% | – |
| SNDK Sandisk | 20.2B USD | – | 71.5% | 61.2% | 56.5% | 72.7% | 69.9% | 56.8% | 7/9 |
| TXN Texas Instruments this stock | 17.7B USD | +4.1% | 57.0% | 34.1% | 28.3% | 30.7% | 47.1% | 14.7% | 6/9 |
| GLW Corning Inc. | 15.6B USD | +6.7% | 36.0% | 14.6% | 10.2% | 13.5% | 38.1% | 9.0% | 7/9 |
| KLAC KLA Corporation | 13.6B USD | +14.4% | 61.3% | – | 35.6% | 76.1% | 35.4% | 27.7% | 8/9 |
| NOW ServiceNow | 13.3B USD | +24.1% | 77.5% | 13.7% | 13.2% | 13.5% | 49.8% | 34.5% | 6/9 |
| Median of the sector 63 symbols | 11.0B USD | +14.5% | 56.1% | 14.2% | 12.5% | 13.5% | 51.6% | 19.0% | 6/9 |
Growth 5 yrs = revenue growth per year over 5 fiscal years · Op. margin = operating margin · ROE = return on equity · FCF = free cash flow · Piotroski = F-Score (only with all 9 criteria).
Figures of the last fiscal year from SEC annual reports (peers as of Oct 28, 2026). Median across all companies of the sector we cover (from 5 stocks; several share classes of one company count once). Signed-in users also see P/E, P/S and dividend yield in the comparison. Describes the reported figures – not investment advice.
Each light follows a simple, disclosed rule. The comparison is with the sector median Sector medianThe middle value of all companies in a sector: half are above it, half below. Unlike the average, single outliers hardly distort it.Example: Margins 4%, 8%, 10%, 12%, 60% → median 10%, average 18.8%.More in the Academy: Lesson putting the P/E in context of all 97 symbols in the Technology sector on our list (current members of the S&P 500 and other lists).
+4.1% per year, last 5 years
Sector Technology: median +13.5% (88 symbols)
What does this mean? Revenue: over 5 years it grew by 4.1% per year on average, but more slowly than the median company in the sector (+13.5%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
−2.2% per year, last 5 years
Sector Technology: median +13.3% (62 symbols)
per share: −1.8% per year (5 years, split-adjusted)
What does this mean? Total net income: over 5 years it fell by 2.2% per year on average. The median company in the sector reached +13.3% per year.
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
28.3% last fiscal year
Sector Technology: median 12.5% (97 symbols)
What does this mean? Of every 100 USD in revenue, 28.28 USD remained as profit – at least as much as the median company in the sector (12.5%). Five years ago the margin was 38.7%.
Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.
0.71 latest balance sheet
Sector Technology: median 0.45 (79 symbols)
What does this mean? For every 1 USD of equity there is 0.71 USD of financial debt – more than the median company in the sector (0.45). More debt amplifies good and bad years alike.
Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.
101% Dividend / earnings per share
Sector Technology: median 30% (36 symbols)
What does this mean? The payout was higher than the earnings per share; it is paid from cash flow, from reserves or with new debt. Median company in the sector: 30%.
Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.
10 of 10 fiscal years with a profit
What does this mean? In 10 of the last 10 fiscal years the bottom line showed a profit. There were no losses in this period.
Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).
| Year | End | Revenue | Net income | Margin | Earnings per share | Dividend per share | Payout |
|---|---|---|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 17.7B | 5.0B | 28.3% | 5.45 | 5.50 | 101% |
| 2024 | Dec 31, 2024 | 15.6B | 4.8B | 30.7% | 5.20 | 5.26 | 101% |
| 2023 | Dec 31, 2023 | 17.5B | 6.5B | 37.2% | 7.07 | 5.02 | 71% |
| 2022 | Dec 31, 2022 | 20.0B | 8.7B | 43.7% | 9.41 | 4.69 | 50% |
| 2021 | Dec 31, 2021 | 18.3B | 7.8B | 42.4% | 8.26 | 4.21 | 51% |
| 2020 | Dec 31, 2020 | 14.5B | 5.6B | 38.7% | 5.97 | 3.72 | 62% |
| 2019 | Dec 31, 2019 | 14.4B | 5.0B | 34.9% | 5.24 | 3.21 | 61% |
| 2018 | Dec 31, 2018 | 15.8B | 5.6B | 35.4% | 5.59 | 2.63 | 47% |
| 2017 | Dec 31, 2017 | 15.0B | 3.7B | 24.6% | 3.61 | 2.12 | 59% |
| 2016 | Dec 31, 2016 | 13.4B | 3.6B | 26.9% | 3.48 | 1.64 | 47% |
| Quarter | End | Revenue | Net income | Margin | Earnings per share | Dividend per share | Payout |
|---|---|---|---|---|---|---|---|
| Q3/26 | Sep 30, 2026 | 6.1B | 2.4B | 40.0% | 2.62 | 1.42 | 54% |
| Q2/26 | Jun 30, 2026 | 5.5B | 2.0B | 36.2% | 2.14 | 1.42 | 66% |
| Q1/26 | Mar 31, 2026 | 4.8B | 1.5B | 32.0% | 1.68 | 1.42 | 85% |
| Q4/25* | Dec 31, 2025 | 4.4B | 1.2B | 26.3% | – | – | – |
| Q3/25 | Sep 30, 2025 | 4.7B | 1.4B | 28.8% | 1.48 | 1.36 | 92% |
| Q2/25 | Jun 30, 2025 | 4.4B | 1.3B | 29.1% | 1.41 | 1.36 | 96% |
| Q1/25 | Mar 31, 2025 | 4.1B | 1.2B | 29.0% | 1.28 | 1.36 | 106% |
| Q4/24* | Dec 31, 2024 | 4.0B | 1.2B | 30.1% | – | – | – |
| Q3/24 | Sep 30, 2024 | 4.2B | 1.4B | 32.8% | 1.47 | 1.30 | 88% |
| Q2/24 | Jun 30, 2024 | 3.8B | 1.1B | 29.5% | 1.22 | 1.30 | 107% |
| Q1/24 | Mar 31, 2024 | 3.7B | 1.1B | 30.2% | 1.20 | 1.30 | 108% |
| Q4/23* | Dec 31, 2023 | 4.1B | 1.4B | 33.6% | – | – | – |
* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.
How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.
| Period | Purchases | Sales | Net |
|---|---|---|---|
| 3 months | $00 people | $1.9M1 person | −$1.9M |
| 6 months | $00 people | $59.4M11 people | −$59.4M |
| 12 months | $00 people | $119.0M19 people | −$119.0M |
Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.
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