YouTube · Q2 FY2026 · 2026-05-21
TXN · NasdaqGS
Texas Instruments
Semiconductors · United States
- Market cap (USD)
- US$243.51B
- Trailing P/E
- 40.46x
- Forward P/E
- 25.05x
- Quarterly revenue growth
- 22.8%
- Trailing net margin
- 31.1%
- Indicated dividend yield
- 2.3%
Snapshot 2026-09-20 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-10-27 (provider estimate, not issuer-confirmed).
Company background
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States, China, the rest of Asia, Europe, the Middle East, Africa, Japan, and internationally. It operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, multiphase controllers and power stages, and lighting products. This segment also provides signal chain products that sense, condition, and measure real-world signals and convert them into data to be transferred or converted for further processing and control, such as amplifiers, data converters, interface products, motor drives, clocks, and logic and sensing products. The Embedded Processing segment offers microcontrollers, processors, wireless connectivity, and radar products; and applications processors for specific computing activity. It also provides DLP products primarily for use in projecting high-definition images; calculators; and application-specific integrated circuits. Its products are used in various markets, such as industrial, automotive, personal electronics, communications equipment, enterprise systems, calculators, and others. The company markets and sells its semiconductor products through direct sales and distributors, as well as through its website. Texas Instruments Incorporated was founded in 1930 and is headquartered in Dallas, Texas.
Company websiteQ2 2026
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Comparable businesses
TXN peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | TXNTexas Instruments IncorporatedSnapshot 2026-09-20Financial period: 2026-06-30 | ADIAnalog Devices, Inc.Snapshot 2026-09-20Financial period: 2026-08-01 | NXPINXP Semiconductors N.V.Snapshot 2026-09-20Financial period: 2026-06-28 |
|---|---|---|---|
| Market capMarket value, converted to USD | US$243.51B | US$182.06B | US$57.49B |
| Forward P/EProvider forward earnings estimate | 25.05x | 22.98x | 12.60x |
| EV / EBITDAEnterprise value / trailing EBITDA | 26.32x | 27.29x | 12.95x |
| Revenue growthLatest quarter vs prior-year quarter | 22.8% | 39.6% | 19.5% |
| Operating marginLatest reported quarter | 42.6% | 39.5% | 30.4% |
| Free cash flow yieldTrailing cash flow / market cap | 1.5% | 2.3% | 6.2% |
| Net debt / EBITDANet debt / trailing EBITDA | 0.74x | 0.99x | 1.53x |
| Debt / equityTotal debt / positive book equity | 0.78x | 0.27x | 0.93x |
| Trailing P/ETrailing twelve-month earnings | 40.46x | 44.62x | 19.45x |
| Price / bookPrice / positive book equity per share | 13.52x | 5.43x | 5.05x |
| EV / salesEnterprise value / trailing revenue | 12.88x | 13.61x | 4.98x |
| Earnings growthLatest quarter vs prior-year quarter | 51.8% | 163.5% | 72.6% |
| Gross marginTrailing twelve months | 58.3% | 65.8% | 56.1% |
| Net marginTrailing twelve months | 31.1% | 29.8% | 22.6% |
| Return on equityProvider trailing return; positive equity only | 35.2% | 12.2% | 27.9% |
| Free cash flow marginTrailing free cash flow / revenue | 18.2% | 29.9% | 27.0% |
| Dividend yieldIndicated annual dividend / price | 2.3% | 1.2% | 1.8% |
| Earnings payoutProvider trailing dividend payout | 85.4% | 49.6% | 34.6% |
| Current ratioCurrent assets / current liabilities | 4.86x | 1.25x | 2.04x |
| BetaProvider historical market sensitivity | 1.31 | 1.21 | 1.82 |
YouTube · Q2 FY2026 · 2026-05-21
NXP Semiconductors N.V. (NXPI)
Smaller industry benchmark · 0.24x market cap
Analog & embedded chips
YouTube · Q2 2026 · 2026-07-29
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
Periods are grouped by their ending calendar year or quarter, not identical fiscal calendars. Exact period-end dates appear in tooltips and reported figures. When reporting currencies differ and a recent captured FX rate is available, money and EPS are normalized to USD for comparison. This is not a historical FX restatement. Gaps are not estimated.
Financial statements load separately from the research page.
Source: . Window ends at the latest available reporting period.
Revenue
Reported figures
Financial data & calculation notes
Standalone charts use the stated reporting currency. When a chart comparison spans currencies, money and EPS can be normalized to USD using a recent captured FX snapshot; this is for comparison only, not a historical FX restatement. Stock-based compensation is noncash. Free cash flow is operating cash flow less capital spending, which may include capitalized software. Missing metrics are not estimated or assumed to be zero. Banking and insurance ratios require industry-specific interpretation. Latest restatements may differ from figures in older episodes.
Market context
Valuation & price history
Adjusted closing price
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Price figures
Earnings-multiple scenario
Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.
Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.
THE RESEARCH RECORD
Research history for TXN
Q2 20262026-07-22
Texas Instruments Stock: It Beat, Raised Guidance — and Still Fell. Why We Say HOLD (TXN Q2 2026)
Presentation · 2026-07-22 · YouTube
Q1 20262026-04-24
TXN Stock: EPS Beats by 24% — Q1 2026 Earnings Analysis
Presentation · 2026-04-24 · YouTube
TXN Q1 2026 earnings analysis
Presentation · 2026-04-09 · YouTube