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TXN · Nasdaq · United States · Semiconductors & Related Devices
In shortTEXAS INSTRUMENTS INC is profitable, generates cash and carries moderate debt, with revenue growing (+13.0% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 34.1% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 28.3% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 30.1% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 17.4% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 4.35× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.86× | 63/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.15× | 81/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 11.09× | 91/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 9.04 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 14.7% | 79/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 0.52× | 28/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 16.7% | 49/100 |
| Operating margin volatility | 7.7% | 40/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -4.1% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | -16.6% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 18,344 | 20,028 | 17,519 | 15,641 | 17,682 |
| Cost of revenue | 5,968 | 6,257 | 6,500 | 6,547 | 7,599 |
| Gross profit | 12,376 | 13,771 | 11,019 | 9,094 | 10,083 |
| Research & development | 1,554 | 1,670 | 1,863 | 1,959 | 2,083 |
| Selling, general & admin | 1,666 | 1,704 | 1,825 | 1,794 | 1,860 |
| Operating income | 8,960 | 10,140 | 7,331 | 5,465 | 6,023 |
| Interest expense | 184 | 214 | 353 | 508 | 543 |
| Pre-tax income | 8,919 | 10,032 | 7,418 | 5,453 | 5,710 |
| Income tax | 1,150 | 1,283 | 908 | 654 | 709 |
| Net income | 7,769 | 8,749 | 6,510 | 4,799 | 5,001 |
| Diluted EPS | $8.26 | $9.41 | $7.07 | $5.20 | $5.45 |
| Diluted shares (millions) | 936 | 926 | 916 | 919 | 913 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
9.04 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Jul 24, 2026