Texas Instruments Inc (TXN)
Information Technology · Semiconductors · US stock · S&P 500 component
$276.48
▼ -2.64 (0.95%)
Fair valueOvervalued
$178 −35.7% to fair value
$89fair band $124–$231$267
Day's range
$274.16 – $284.47
52-week range
$150.20 – $332.33
About Texas Instruments Inc
Analog and embedded processing chips are the core of what Texas Instruments designs and manufactures. Its products manage power, convert real-world signals into digital data and run the control functions inside electronic equipment. They go into cars, factory machinery, personal electronics, communications equipment and data centres, and customers range from large manufacturers to small design teams that order through the company's website or distributors. The company runs much of its own chip manufacturing.
Revenue comes from the chips it ships to a large and varied set of customers. Over the last twelve months it reached $19.5 billion, but revenue growth over the last three years was -4.1% a year, so sales are lower than before. The operating margin is 37.3%, and the business earns a profit of 25% on the capital invested in it. It has net debt of 1.0 times EBITDA. Shareholders receive a dividend with a yield of 2.1%. On the site's X-Ray Score it receives 47 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $150.20 – $332.33Volume 7,949,400Daily, split-adjusted
Vitals
Market cap$254.4B
52-week range$150.20 – $332.33
Volume (last day)7,949,400
P/E (TTM)41.8
EBIT / EV yield2.8%
Free-cash-flow yield2.1%
Dividend yield2.1%
Revenue (TTM)$19.5B
Net income (TTM)$6.1B
Operating margin37.3%
Return on capital25.4%
Debt incl. leases$14.1B
Cash & securities$7.0B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$178model spread $167 – $187
Overvalued
−35.7% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Multiples use through-the-cycle earnings (1.11x of the last twelve months)
Price $276
Undervalued < $124Fair $124 – $231Overvalued > $231
10-year DCF (market-scaled)
$147
Peer multiples
$242
Earnings power floor (not blended)
$60
Fundamentals-adjusted multiple
$144
Growth the price implies
32.5%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, priced high
Our models put fair value below today's price, so a lot of good news may already be in the price. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Information Technology peers. Open a lens to see the numbers behind it.
Valuation
Weak
39/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield2.8%
Free-cash-flow yield2.1%
Fair value vs price0.6×
Growth
Weak
16/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-4.1%
EPS growth (3y)-16.6%
Growth consistency60%
Profitability
Fair
59/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital25.4%
Operating margin37.3%
Gross profitability31.6%
Financial health
Strong
71/100
Balance sheet looks strong: debt is well covered.
See the numbers →
Piotroski F-Score7 / 9
Net debt / EBITDA1.0×
Interest coverNo interest cost
Dividends
Weak
50/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield2.1%
Dividends vs free cash flow98%
Dividend growth5.2%
Quarterly results: last 6 quarters
+11.1%
Mar '25
+16.4%
Jun '25
+14.2%
Sep '25
+10.4%
Dec '25
+18.6%
Mar '26
+22.8%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $5.5B, diluted EPS $2.14.
Compare with peers
MU Micron Technology Inc77 FSLR First Solar, Inc.67 NVDA Nvidia Corp65 QCOM Qualcomm Inc57Other Semiconductors companies by X-Ray Score.
Fundamentals checklist
● 6 Good · ● 5 Average · ● 5 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldBad
Risk models
Altman Z''Good
Piotroski F-ScoreGood
Growth
EPS growth (3y)Bad
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Current ratioGood
Net debt / EBITDAAverage
Interest coverGood
Valuation
Fair value vs priceAverage
EBIT / EV yieldAverage
Profitability
Return on invested capitalAverage
Operating marginGood
Gross profitabilityAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 48/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $18.3B | $20.0B | $17.5B | $15.6B | $17.7B |
| Operating income | $9.0B | $10.1B | $7.3B | $5.5B | $6.0B |
| Net income | $7.8B | $8.7B | $6.5B | $4.8B | $5.0B |
| Operating cash flow | $8.8B | $8.7B | $6.4B | $6.3B | $7.2B |
| Operating margin | 48.8% | 50.6% | 41.8% | 34.9% | 34.1% |
| Free cash flow | $6.3B | $5.9B | $1.3B | $1.5B | $2.6B |
| Diluted EPS | $8.26 | $9.41 | $7.07 | $5.20 | $5.45 |
Fiscal years, from SEC filings.
Technical summary
Daily
Neutral
7 bullish · 2 neutral · 7 bearish
Weekly
Bullish
8 bullish · 1 neutral · 3 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 285.9 | Bearish |
| EMA 10 | 282.2 | Bearish |
| SMA 20 | 281.9 | Bearish |
| EMA 20 | 280.4 | Bearish |
| SMA 50 | 272.3 | Bullish |
| EMA 50 | 277.0 | Bearish |
| SMA 100 | 283.3 | Bearish |
| EMA 100 | 272.4 | Bullish |
| SMA 200 | 252.8 | Bullish |
| EMA 200 | 255.0 | Bullish |
Oscillators (daily)
| RSI (14) | 47.56 | Neutral |
| MACD (12, 26) | 3.04 | Bullish |
| Momentum (12) | -1.29 | Bearish |
| Stochastic %K (14) | 11.49 | Bullish |
| Williams %R (14) | -88.51 | Bullish |
| CCI (20) | -30.33 | Neutral |
Pivot points (classic, last session)
S3 262.0 | S2 268.1 | S1 272.3 | Pivot 278.4 | R1 282.6 | R2 288.7 | R3 292.9 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
5.68 USD
Yield on today's price
2.05%
Frequency
Quarterly
Next ex-dividend date
30 Oct 2026
| Ex-dividend date | Amount per share |
|---|---|
| 30 Oct 2026 (upcoming) | 1.5200 |
| 31 Jul 2026 | 1.4200 |
| 5 May 2026 | 1.4200 |
| 30 Jan 2026 | 1.4200 |
| 31 Oct 2025 | 1.4200 |
| 31 Jul 2025 | 1.3600 |
| 30 Apr 2025 | 1.3600 |
| 31 Jan 2025 | 1.3600 |
| 31 Oct 2024 | 1.3600 |
| 31 Jul 2024 | 1.3000 |
| 7 May 2024 | 1.3000 |
| 30 Jan 2024 | 1.3000 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
TXN SEC filings
17 Sep 2026
8-KSEC EDGAR
Regulation FD disclosure
24 Jul 2026
10-QSEC EDGAR
Quarterly report
22 Jul 2026
8-KSEC EDGAR
Results of operations
2 Jun 2026
8-KSEC EDGAR
Director or officer change
24 Apr 2026
10-QSEC EDGAR
Quarterly report
22 Apr 2026
8-KSEC EDGAR
Results of operations
17 Apr 2026
8-KSEC EDGAR
Shareholder vote results
25 Mar 2026
8-KSEC EDGAR
Director or officer change
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.