Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide.
Established dividend payer with proven track record.
Share Price & News
How has Texas Instruments's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TXN has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TXN underperformed the US Semiconductor industry which returned 45.4% over the past year.
Return vs Market: TXN underperformed the US Market which returned 16.3% over the past year.
Price Volatility Vs. Market
How volatile is Texas Instruments's share price compared to the market and industry in the last 5 years?
Simply Wall St News
19 hours ago | Simply Wall StIndependent Director Jean Hobby Just Sold A Bunch Of Shares In Texas Instruments Incorporated (NASDAQ:TXN)
2 days ago | Simply Wall StShareholders Of Texas Instruments (NASDAQ:TXN) Must Be Happy With Their 202% Total Return
2 weeks ago | Simply Wall StRead This Before Considering Texas Instruments Incorporated (NASDAQ:TXN) For Its Upcoming US$0.90 Dividend
Is Texas Instruments undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TXN ($133.56) is trading above our estimate of fair value ($69.16)
Significantly Below Fair Value: TXN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TXN is good value based on its PE Ratio (24.7x) compared to the US Semiconductor industry average (36.5x).
PE vs Market: TXN is poor value based on its PE Ratio (24.7x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: TXN is poor value based on its PEG Ratio (4.4x)
Price to Book Ratio
PB vs Industry: TXN is overvalued based on its PB Ratio (16x) compared to the US Semiconductor industry average (3.5x).
How is Texas Instruments forecast to perform in the next 1 to 3 years based on estimates from 30 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TXN's forecast earnings growth (5.6% per year) is above the savings rate (2.2%).
Earnings vs Market: TXN's earnings (5.6% per year) are forecast to grow slower than the US market (23.1% per year).
High Growth Earnings: TXN's earnings are forecast to grow, but not significantly.
Revenue vs Market: TXN's revenue (5.8% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: TXN's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TXN's Return on Equity is forecast to be very high in 3 years time (92.3%).
How has Texas Instruments performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TXN has high quality earnings.
Growing Profit Margin: TXN's current net profit margins (36.7%) are higher than last year (34.7%).
Past Earnings Growth Analysis
Earnings Trend: TXN's earnings have grown by 13% per year over the past 5 years.
Accelerating Growth: TXN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TXN had negative earnings growth (-5.1%) over the past year, making it difficult to compare to the Semiconductor industry average (2.5%).
Return on Equity
High ROE: TXN's Return on Equity (66.1%) is considered outstanding.
How is Texas Instruments's financial position?
Financial Position Analysis
Short Term Liabilities: TXN's short term assets ($8.5B) exceed its short term liabilities ($2.2B).
Long Term Liabilities: TXN's short term assets ($8.5B) exceed its long term liabilities ($7.6B).
Debt to Equity History and Analysis
Debt Level: TXN's debt to equity ratio (84.6%) is considered high.
Reducing Debt: TXN's debt to equity ratio has increased from 47.7% to 84.6% over the past 5 years.
Debt Coverage: TXN's debt is well covered by operating cash flow (97.7%).
Interest Coverage: TXN's interest payments on its debt are well covered by EBIT (29.4x coverage).
What is Texas Instruments's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TXN's dividend (2.7%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: TXN's dividend (2.7%) is low compared to the top 25% of dividend payers in the US market (4.35%).
Stability and Growth of Payments
Stable Dividend: TXN's dividends per share have been stable in the past 10 years.
Growing Dividend: TXN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.2%), TXN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TXN's dividends in 3 years are forecast to be covered by earnings (70.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rich Templeton (61 yo)
Mr. Richard K. Templeton, also known as Rich, serves as the Chief Executive Officer and President of Texas Instruments Inc. since July 17, 2018. Mr. Templeton joined Texas Instruments Inc. in 1980 in the S ...
CEO Compensation Analysis
Compensation vs Market: Rich's total compensation ($USD18.63M) is above average for companies of similar size in the US market ($USD11.30M).
Compensation vs Earnings: Rich's compensation has been consistent with company performance over the past year.
|Senior VP of Finance & Operations||3.5yrs||US$4.86m||0.0020% |
|Senior Vice President of Analog Power Products||3.58yrs||US$5.90m||0.00046% |
|Senior Vice President of Analog Signal Chain||5.83yrs||US$5.86m||no data|
|Senior VP & CTO||2.58yrs||no data||0.0026% |
|Senior VP of IT Services & Chief Information Officer||6.25yrs||no data||0.0032% |
|Head of Investor Relations & VP||6yrs||no data||no data|
|Senior VP||5yrs||no data||0.0051% |
|Senior Vice President of Communications & Investor Relations||3.58yrs||no data||0.0023% |
|Senior Vice President of Worldwide Sales & Applications||5.58yrs||no data||0.0063% |
|Senior Vice President of Human Resources||14.58yrs||no data||0.0064% |
|Senior Vice President of Technology & Manufacturing Group||2.58yrs||no data||0.0058% |
Experienced Management: TXN's management team is considered experienced (4.3 years average tenure).
|Independent Director||15.92yrs||US$309.97k||0.00034% |
|Independent Director||5.08yrs||US$314.94k||0.00085% |
|Independent Director||16.58yrs||US$351.61k||0.0034% |
|Lead Independent Director||0.33yr||US$314.99k||0.00087% |
|Independent Director||9.42yrs||US$304.94k||0.0011% |
|Independent Director||3.42yrs||US$284.94k||no data|
|Independent Director||7.5yrs||US$323.28k||0.0016% |
|Independent Director||2.08yrs||US$312.44k||0.0012% |
|Independent Director||0.33yr||no data||0.000030% |
|Independent Director||4.08yrs||US$284.94k||0.00048% |
Experienced Board: TXN's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TXN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Texas Instruments Incorporated's company bio, employee growth, exchange listings and data sources
- Name: Texas Instruments Incorporated
- Ticker: TXN
- Exchange: NasdaqGS
- Founded: 1930
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: US$122.333b
- Shares outstanding: 915.94m
- Website: https://www.ti.com
Number of Employees
- Texas Instruments Incorporated
- 12500 TI Boulevard
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TXN||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 1968|
|TXN||SWX (SIX Swiss Exchange)||Yes||Common Stock||CH||CHF||Jan 1968|
|TII||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
|TXN *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jan 1968|
|TII||XTRA (XETRA Trading Platform)||Yes||Common Stock||DE||EUR||Jan 1968|
|TXN||SNSE (Santiago Stock Exchange)||Yes||Common Stock||CL||USD||Jan 1968|
|TXN-U||ETLX (Eurotlx)||Yes||Common Stock||IT||EUR||Jan 1968|
|0R2H||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jan 1968|
|TXN||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||Jan 1968|
|TXN||BASE (Buenos Aires Stock Exchange)||CEDEAR EACH 5 REP 1 ORD USD1||AR||ARS||Sep 2000|
|TEXA34||BOVESPA (Bolsa de Valores de Sao Paulo)||EACH BDR REPR 1 COM USD1||BR||BRL||Aug 2015|
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates in two segments, Analog and Embedded Processing. The Analog ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/09 23:56|
|End of Day Share Price||2020/08/07 00:00|