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Texas InstrumentsTXN

Semiconductors · Dallas, Texas · In the S&P 500
High qualityPricier than peers
$300.84−3.40%After hours: $302.00 (+0.39%)At the close, 30 Oct · Prices from CNBC, may be delayed
▲ 87.7% over 1 year
Texas Instruments over 1 yearDaily close, $, to 30 Oct 2026
$150$200$250Nov2026MarMayJulSep$300.84$200NovMarJul$300.84
Source: Nasdaq daily closes
Market value$275B
Price to earnings39.0x
Forward P/E28.7x
Dividend yield2.02%
Year to date+73.4%
One year+87.7%
Next earningsNot scheduled
SectorInformation Technology
52-week range (closes)
$153.33$332.28

Quality and valuation

How Texas Instruments compares with other information technology stocks. A description, not a recommendation.

Texas Instruments and 6 semiconductors peers. Across: valuation (P/E) against the sector. Up: business quality against the sector. Hover or tap a logo for its numbers.

Business quality: stronger than mostValuation: pricier than most

A stronger business than most information technology companies, priced above most of them.

Texas Instruments trades at 28.7 times the next 12 months of expected earnings, against a median of 22.2x for the 99 information technology stocks we cover. The quality score blends where it ranks on revenue growth, gross margin, operating margin and free-cash-flow margin (net margin for banks and insurers) over the last 12 months, from SEC filings.

  • Revenue grew slower than the sector median: +20.3% vs +20.6%
  • Keeps less of each sale (gross margin): 60.2% vs 61.5%
  • More profitable (operating margin): 40.8% vs 17.0%
  • Turns more of its sales into cash: 35.2% vs 21.7%
TXN trades at 28.7x forward earnings, above the sector medianForward p/e, Semiconductors peers
MU5.0xNVDA16.9xAVGO18.8xTSM19.8xTXN28.7xINTC38.4xAMD44.8xARM86.3xSector median 22.2xMU5.0xNVDA16.9xAVGO18.8xTSM19.8xTXN28.7xINTC38.4xAMD44.8xARM86.3xSector median 22.2x
Source: CNBC quotes; Mostly Markets
At 39.0x earnings, TXN is pricier than its average since Oct 2024Price over the last 12 months of reported (GAAP) diluted EPS
P/EUsual range (±1 s.d.)
30x50xAverage 38.1x2025202639.0xAverage 38.1x2025202639.0x
Source: Nasdaq prices; SEC filings

Financials

From Texas Instruments's SEC filings, through the quarter ending 30 Sep 2026. Hover or tap a bar for its value.

Revenue grew 27.7% from a year earlierQuarterly revenue, $bn, latest Q3 ’26
$0bn$2bn$4bn$6bnQ4 ’24Q2 ’25Q4 ’25$6.0bnQ3 ’26$0bn$2bn$5bnQ4 ’24Q2 ’25Q4 ’25$6.0bnQ3 ’26
Source: SEC filings
Growth sped up to +27.7% last quarterRevenue growth, year on year, %
0%10%20%Q4 ’24Q2 ’25Q4 ’2527.7%Q3 ’260%10%20%Q4 ’24Q2 ’25Q4 ’2527.7%Q3 ’26
Source: SEC filings
Operating margin was 47.5% last quarterOperating income as a share of revenue, %
0%20%40%Q4 ’24Q2 ’25Q4 ’2547.5%Q3 ’260%20%40%Q4 ’24Q2 ’25Q4 ’2547.5%Q3 ’26
Source: SEC filings
Free cash flow was $7.3 billion over 12 monthsQuarterly free cash flow (operating cash flow minus capex), $bn
$0bn$1bn$2bnQ4 ’24Q2 ’25Q4 ’25$3.0bnQ3 ’26$0bn$2bnQ4 ’24Q2 ’25Q4 ’25$3.0bnQ3 ’26
Source: SEC filings
Last 12 monthsTXNSector median
Revenue growth+20.3%+20.6%
Gross margin60.2%61.5%
Operating margin40.8%17.0%
Free cash flow margin35.2%21.7%
Price to earnings39.0x33.1x

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Similar companies

Semiconductors, by market value.

CompanyPriceTodayYTDValue
NVDANvidia$204.64−4.22%+9.7%$4.93T
TSMTaiwan Semiconductor$406.13−5.95%+33.6%$2.11T
AVGOBroadcom$326.08−5.48%−5.8%$1.56T
MUMicron Technology$884.74−5.30%+210.0%$1.00T
AMDAMD$504.80−10.88%+135.7%$824B
INTCIntel$65.76−28.58%+78.2%$348B
ARMArm Holdings$205.97−9.97%+88.4%$220B
ADIAnalog Devices$417.11−3.73%+53.8%$202B