Texas Instruments (TXN): analysis in plain words
Is Texas Instruments cheap or expensive? How it makes money, whether it grows and its risks, explained in plain words and with its official accounts.
Texas Instruments (TXN) is listed on the Nasdaq and we classify it in semiconductors. Below are its key dated figures, how it makes money, how it compares with its sector, what works for and against Texas Instruments according to those figures, and the questions people ask most about the stock. No buy or sell tips.
Texas Instruments (TXN) key figures as of November 4, 2026
| Figure | Value | What it measures |
|---|---|---|
| Share price | $311.49 | Last price on November 4, 2026 |
| P/E ratio (TTM) | 40.4x | Price over earnings per share |
| Revenue growth | +27.7% | Latest quarter vs the same quarter a year earlier |
| Net margin (TTM) | 34.3% | Profit for every 100 of sales |
| Net debt / EBITDA | 0.5x | Years of operating profit to repay debt |
| Dividend yield | 1.95% | Annual dividend over price |
| Market cap | $284.8 billion | What the stock market values it at |
The Texas Instruments figures come from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026. Any TXN figure that is not available shows as N/A: we do not estimate it.
How Texas Instruments makes money
Texas Instruments makes chips in its own factories. Analog, its largest segment, covers power management and signal chain chips used in all kinds of devices, while Embedded Processing sells microcontrollers and processors. Industrial and automotive customers are its biggest end markets, followed by personal electronics.
Over the last 12 months, Texas Instruments brought in revenue of $20.8 billion. For every 100 it sells, Texas Instruments keeps 60.2 after the direct cost of what it sells (gross margin) and 47.5 after all operating costs (operating margin). With 33,000 full-time employees, that is about $629,000 of revenue per employee.
Texas Instruments against its sector
To know whether a Texas Instruments figure is high or low you have to put it next to similar companies. This table compares Texas Instruments with the median of the 14 semiconductors companies Fintols covers, with data as of November 4, 2026.
| Figure | Texas Instruments | semiconductors median |
|---|---|---|
| P/E | 40.4x | 37.9x (14) |
| Revenue growth | +27.7% | +39.6% (15) |
| Net margin | 34.3% | 32.3% (15) |
| Dividend yield | 1.95% | 0.57% (15) |
| Net debt / EBITDA | 0.5x | -0.2x (15) |
In short, against the typical semiconductors company, Texas Instruments grows more slowly, pays a higher dividend yield and carries more debt. By size, Texas Instruments ranks number 8 of 13 semiconductors companies quoted in USD on Fintols.
The bull case for Texas Instruments
What works in favour of Texas Instruments, according to its figures as of November 4, 2026:
- Texas Instruments keeps 34.3 of every 100 it sells as net profit, against 32.3 for the median semiconductors company: a margin like that leaves money to invest, buy back shares or pay dividends.
- Texas Instruments earns 39.7% a year on its shareholders' money (return on equity).
- Analysts expect Texas Instruments earnings to rise: its P/E on the next 12 months of estimated earnings is 26.9x, below the current 40.4x.
The main risk for Texas Instruments
The Texas Instruments figures as of November 4, 2026 show no clear red flag (no heavy debt, no losses, no falling sales). Its main risk is the one built into its business: the chip cycle: years of heavy customer spending are usually followed by years of cuts.
Frequently asked questions about Texas Instruments
Is it a good time to buy Texas Instruments stock?
Fintols does not tell you whether to buy or sell Texas Instruments, and nobody knows what the price will do tomorrow. What we can show you is where it stands today. As of November 4, 2026, Texas Instruments stock trades at $311.49, 7% below its 52-week high ($334.03) and 104% above its low ($152.73). Its P/E is 40.4x against a semiconductors median of 37.9x, and 26.9x on the earnings analysts expect over the next 12 months. With Texas Instruments, as with any stock, timing matters less than understanding the business, investing for the long run and not betting everything on a single company.
Does Texas Instruments pay a dividend?
Yes. As of November 4, 2026, Texas Instruments pays $6.08 per share a year, which at today's price is a yield of 1.95%. It uses 74% of its profit to pay it. Its average dividend yield over the last five years is 2.65%. The semiconductors median on Fintols is 0.57%.
Is Texas Instruments stock expensive?
It depends on what you compare it with. On P/E, Texas Instruments trades at 40.4x its last 12 months of earnings: in line with the semiconductors median (37.9x). Including its debt, Texas Instruments is valued at 27.2x its EBITDA (EV/EBITDA). A high P/E alone does not make Texas Instruments expensive: it can be justified if earnings grow fast, and a low one can reflect a business in trouble.
Who are Texas Instruments's competitors?
On Fintols we compare Texas Instruments with Intel, Qualcomm and Applied Materials, which are also in semiconductors. As of November 4, 2026, Intel is worth $309.7 billion; Qualcomm is worth $184.9 billion and trades on a P/E of 20.0; Applied Materials is worth $293.2 billion and trades on a P/E of 31.9. Each has a side-by-side comparison with Texas Instruments below.
Texas Instruments competitors
- Intel (INTC) analysis · Texas Instruments vs Intel comparison
- Qualcomm (QCOM) analysis · Texas Instruments vs Qualcomm comparison
- Applied Materials (AMAT) analysis · Texas Instruments vs Applied Materials comparison
To understand Texas Instruments better
- Using AI to Analyze Stocks: A Practical, Careful Guide
- P/E Ratio and EPS Explained: How to Read Them Without Traps
More companies like Texas Instruments: semiconductors stocks, S&P 500 companies and S&P 100 companies. Open the full TXN analysis with its valuation and scenarios. Educational content about Texas Instruments, not investment advice.