NasdaqGS:TXNSemiconductor
Does Texas Instruments' Shrinking Free Cash Flow Margin Reshape the Capital Investment Story for TXN?
In recent years, Texas Instruments, the world’s largest analog chipmaker, has reported a 2.4% annual sales decline, a 13.5 percentage point drop in operating margin, and a 28.5 percentage point fall in free cash flow margin as it ramps up investment to protect its market position.
These weaker profitability trends and heavier capital spending have raised fresh questions about how effectively Texas Instruments can balance growth, efficiency, and competitive intensity through the current...