Texas Instruments Incorporated (TXN)

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	16,049	15,641	17,519	20,028	18,344	14,461
Revenue Growth (YoY)	-4.48%	-10.72%	-12.53%	9.18%	26.85%	0.54%
Cost of Revenue	6,737	6,547	6,500	6,257	5,968	5,192
Gross Profit	9,312	9,094	11,019	13,771	12,376	9,269
Selling, General & Admin	1,802	1,785	1,841	1,749	1,658	1,616
Research & Development	1,998	1,959	1,863	1,670	1,554	1,530
Operating Expenses	3,800	3,744	3,704	3,419	3,354	3,344
Operating Income	5,512	5,350	7,315	10,352	9,022	5,925
Interest Expense	-520	-508	-353	-214	-184	-190
Other Non Operating Income (Expenses)	444	487	456	151	135	306
EBT Excluding Unusual Items	5,436	5,329	7,418	10,289	8,973	6,041
Merger & Restructuring Charges	5	-	-	-257	-104	-25
Gain (Loss) on Sale of Assets	-5	124	-	-	50	1
Pretax Income	5,436	5,453	7,418	10,032	8,919	6,017
Income Tax Expense	563	654	908	1,283	1,150	422
Net Income	4,873	4,799	6,510	8,749	7,769	5,595
Preferred Dividends & Other Adjustments	25	24	34	40	33	27
Net Income to Common	4,848	4,775	6,476	8,709	7,736	5,568
Net Income Growth	-17.51%	-26.28%	-25.59%	12.61%	38.86%	11.52%
Shares Outstanding (Basic)	912	912	908	916	923	921
Shares Outstanding (Diluted)	919	919	916	926	936	933
Shares Change (YoY)	0.27%	0.33%	-1.08%	-1.07%	0.32%	-2.00%
EPS (Basic)	5.32	5.24	7.13	9.51	8.38	6.05
EPS (Diluted)	5.28	5.20	7.07	9.41	8.26	5.97
EPS Growth	-17.77%	-26.46%	-24.82%	13.88%	38.36%	13.99%
Free Cash Flow	1,455	1,498	1,349	5,923	6,294	5,490
Free Cash Flow Per Share	1.58	1.63	1.47	6.40	6.72	5.88
Dividend Per Share	5.320	5.260	5.020	4.690	4.210	3.720
Dividend Growth	4.72%	4.78%	7.04%	11.40%	13.17%	15.89%
Gross Margin	58.02%	58.14%	62.90%	68.76%	67.47%	64.10%
Operating Margin	34.34%	34.21%	41.75%	51.69%	49.18%	40.97%
Profit Margin	30.21%	30.53%	36.97%	43.48%	42.17%	38.50%
Free Cash Flow Margin	9.07%	9.58%	7.70%	29.57%	34.31%	37.96%
EBITDA	7,098	6,858	8,490	11,277	9,919	6,658
EBITDA Margin	44.23%	43.85%	48.46%	56.31%	54.07%	46.04%
D&A For EBITDA	1,586	1,508	1,175	925	897	733
EBIT	5,512	5,350	7,315	10,352	9,022	5,925
EBIT Margin	34.34%	34.21%	41.75%	51.69%	49.18%	40.97%
Effective Tax Rate	10.36%	11.99%	12.24%	12.79%	12.89%	7.01%
Advertising Expenses	-	30	28	27	27	28

Updated Apr 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q