Texas Instruments Incorporated
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, includi… Read more
Texas Instruments Incorporated (TXN) - Net Assets
Latest net assets as of December 2025: $16.27 Billion USD
Based on the latest financial reports, Texas Instruments Incorporated (TXN) has net assets worth $16.27 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($34.59 Billion) and total liabilities ($18.31 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $16.27 Billion |
| % of Total Assets | 47.05% |
| Annual Growth Rate | 6.27% |
| 5-Year Change | 22.05% |
| 10-Year Change | 55.38% |
| Growth Volatility | 16.94 |
Texas Instruments Incorporated - Net Assets Trend (1985–2025)
This chart illustrates how Texas Instruments Incorporated's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Texas Instruments Incorporated (1985–2025)
The table below shows the annual net assets of Texas Instruments Incorporated from 1985 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $16.27 Billion | -3.73% |
| 2024-12-31 | $16.90 Billion | +0.04% |
| 2023-12-31 | $16.90 Billion | +15.92% |
| 2022-12-31 | $14.58 Billion | +9.33% |
| 2021-12-31 | $13.33 Billion | +45.13% |
| 2020-12-31 | $9.19 Billion | +3.14% |
| 2019-12-31 | $8.91 Billion | -0.97% |
| 2018-12-31 | $8.99 Billion | -12.99% |
| 2017-12-31 | $10.34 Billion | -1.30% |
| 2016-12-31 | $10.47 Billion | +5.30% |
| 2015-12-31 | $9.95 Billion | -4.27% |
| 2014-12-31 | $10.39 Billion | -3.86% |
| 2013-12-31 | $10.81 Billion | -1.40% |
| 2012-12-31 | $10.96 Billion | +0.08% |
| 2011-12-31 | $10.95 Billion | +4.93% |
| 2010-12-31 | $10.44 Billion | +7.35% |
| 2009-12-31 | $9.72 Billion | +4.25% |
| 2008-12-31 | $9.33 Billion | -6.51% |
| 2007-12-31 | $9.97 Billion | -12.19% |
| 2006-12-31 | $11.36 Billion | -4.83% |
| 2005-12-31 | $11.94 Billion | -8.62% |
| 2004-12-31 | $13.06 Billion | +10.11% |
| 2003-12-31 | $11.86 Billion | +10.53% |
| 2002-12-31 | $10.73 Billion | -9.64% |
| 2001-12-31 | $11.88 Billion | -5.63% |
| 2000-12-31 | $12.59 Billion | +36.01% |
| 1999-12-31 | $9.26 Billion | +41.80% |
| 1998-12-31 | $6.53 Billion | +10.37% |
| 1997-12-31 | $5.91 Billion | +44.35% |
| 1996-12-31 | $4.10 Billion | +0.05% |
| 1995-12-31 | $4.09 Billion | +34.75% |
| 1994-12-31 | $3.04 Billion | +31.27% |
| 1993-12-31 | $2.31 Billion | +18.90% |
| 1992-12-31 | $1.95 Billion | -0.41% |
| 1991-12-31 | $1.96 Billion | -17.09% |
| 1990-12-31 | $2.36 Billion | -5.11% |
| 1989-12-31 | $2.48 Billion | +44.24% |
| 1988-12-31 | $1.72 Billion | -0.16% |
| 1987-12-31 | $1.73 Billion | -0.08% |
| 1986-12-31 | $1.73 Billion | +20.96% |
| 1985-12-31 | $1.43 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Texas Instruments Incorporated's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4770.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $52.24 Billion | 321.00% |
| Common Stock | $1.74 Billion | 10.70% |
| Other Comprehensive Income | $-85.00 Million | -0.52% |
| Total Equity | $16.27 Billion | 100.00% |
Texas Instruments Incorporated Competitors by Market Cap
The table below lists competitors of Texas Instruments Incorporated ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thermo Fisher Scientific Inc
NYSE:TMO
|
$176.18 Billion |
|
Siemens Aktiengesellschaft
XETRA:SIE
|
$176.41 Billion |
|
AT&T Inc
NYSE:T
|
$179.15 Billion |
|
Shell PLC
PINK:RYDAF
|
$179.30 Billion |
|
TJX Cos.
LSE:0LCE
|
$175.29 Billion |
|
0QZO
LSE:0QZO
|
$175.06 Billion |
|
Novo Nordisk A/S
PINK:NONOF
|
$175.04 Billion |
|
Walt Disney Company
NYSE:DIS
|
$174.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Texas Instruments Incorporated's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,903,000,000 to 16,273,000,000, a change of -630,000,000 (-3.7%).
- Net income of 5,001,000,000 contributed positively to equity growth.
- Dividend payments of 4,999,000,000 reduced retained earnings.
- Share repurchases of 1,477,000,000 reduced equity.
- New share issuances of 400,000,000 increased equity.
- Other comprehensive income increased equity by 55,000,000.
- Other factors increased equity by 390,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.00 Billion | +30.73% |
| Dividends Paid | $5.00 Billion | -30.72% |
| Share Repurchases | $1.48 Billion | -9.08% |
| Share Issuances | $400.00 Million | +2.46% |
| Other Comprehensive Income | $55.00 Million | +0.34% |
| Other Changes | $390.00 Million | +2.4% |
| Total Change | $- | -3.73% |
Book Value vs Market Value Analysis
This analysis compares Texas Instruments Incorporated's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 10.89x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 161.40x to 10.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $1.20 | $194.13 | x |
| 1986-12-31 | $1.82 | $194.13 | x |
| 1987-12-31 | $1.36 | $194.13 | x |
| 1988-12-31 | $1.33 | $194.13 | x |
| 1989-12-31 | $1.87 | $194.13 | x |
| 1990-12-31 | $1.89 | $194.13 | x |
| 1991-12-31 | $1.50 | $194.13 | x |
| 1992-12-31 | $1.48 | $194.13 | x |
| 1993-12-31 | $1.55 | $194.13 | x |
| 1994-12-31 | $1.99 | $194.13 | x |
| 1995-12-31 | $2.64 | $194.13 | x |
| 1996-12-31 | $2.70 | $194.13 | x |
| 1997-12-31 | $3.72 | $194.13 | x |
| 1998-12-31 | $3.68 | $194.13 | x |
| 1999-12-31 | $5.29 | $194.13 | x |
| 2000-12-31 | $7.04 | $194.13 | x |
| 2001-12-31 | $7.09 | $194.13 | x |
| 2002-12-31 | $6.24 | $194.13 | x |
| 2003-12-31 | $5.94 | $194.13 | x |
| 2004-12-31 | $7.39 | $194.13 | x |
| 2005-12-31 | $7.14 | $194.13 | x |
| 2006-12-31 | $7.28 | $194.13 | x |
| 2007-12-31 | $6.90 | $194.13 | x |
| 2008-12-31 | $7.04 | $194.13 | x |
| 2009-12-31 | $7.66 | $194.13 | x |
| 2010-12-31 | $8.60 | $194.13 | x |
| 2011-12-31 | $9.35 | $194.13 | x |
| 2012-12-31 | $9.56 | $194.13 | x |
| 2013-12-31 | $9.71 | $194.13 | x |
| 2014-12-31 | $9.62 | $194.13 | x |
| 2015-12-31 | $9.54 | $194.13 | x |
| 2016-12-31 | $10.26 | $194.13 | x |
| 2017-12-31 | $10.21 | $194.13 | x |
| 2018-12-31 | $9.08 | $194.13 | x |
| 2019-12-31 | $9.36 | $194.13 | x |
| 2020-12-31 | $9.85 | $194.13 | x |
| 2021-12-31 | $14.24 | $194.13 | x |
| 2022-12-31 | $15.74 | $194.13 | x |
| 2023-12-31 | $18.45 | $194.13 | x |
| 2024-12-31 | $18.39 | $194.13 | x |
| 2025-12-31 | $17.82 | $194.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Texas Instruments Incorporated utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 30.73%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.28%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.13x
- Recent ROE (30.73%) is above the historical average (22.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | -8.31% | -2.41% | 1.60x | 2.15x | $-261.47 Million |
| 1986 | 2.31% | 0.80% | 1.49x | 1.93x | $-132.80 Million |
| 1987 | 14.89% | 4.59% | 1.31x | 2.47x | $84.34 Million |
| 1988 | 21.26% | 5.82% | 1.42x | 2.57x | $194.02 Million |
| 1989 | 11.74% | 4.47% | 1.36x | 1.93x | $43.21 Million |
| 1990 | -1.65% | -0.59% | 1.30x | 2.14x | $-274.80 Million |
| 1991 | -20.92% | -6.03% | 1.35x | 2.56x | $-604.50 Million |
| 1992 | 12.69% | 3.32% | 1.43x | 2.66x | $52.30 Million |
| 1993 | 20.39% | 5.54% | 1.42x | 2.59x | $240.50 Million |
| 1994 | 22.74% | 8.03% | 1.23x | 2.30x | $387.10 Million |
| 1995 | 26.57% | 9.54% | 1.24x | 2.25x | $678.50 Million |
| 1996 | 1.54% | 0.63% | 1.06x | 2.28x | $-346.70 Million |
| 1997 | 31.15% | 18.47% | 0.92x | 1.83x | $1.25 Billion |
| 1998 | 6.93% | 5.09% | 0.79x | 1.72x | $-200.70 Million |
| 1999 | 15.68% | 14.87% | 0.65x | 1.62x | $525.50 Million |
| 2000 | 24.29% | 25.75% | 0.67x | 1.41x | $1.80 Billion |
| 2001 | -1.69% | -2.45% | 0.52x | 1.33x | $-1.39 Billion |
| 2002 | -3.20% | -4.10% | 0.57x | 1.37x | $-1.42 Billion |
| 2003 | 10.10% | 12.18% | 0.63x | 1.31x | $11.60 Million |
| 2004 | 14.25% | 14.79% | 0.77x | 1.25x | $554.70 Million |
| 2005 | 19.47% | 17.35% | 0.89x | 1.26x | $1.13 Billion |
| 2006 | 38.21% | 30.45% | 1.02x | 1.23x | $3.21 Billion |
| 2007 | 26.64% | 19.20% | 1.09x | 1.27x | $1.66 Billion |
| 2008 | 20.59% | 15.36% | 1.05x | 1.28x | $987.40 Million |
| 2009 | 15.12% | 14.10% | 0.86x | 1.25x | $497.80 Million |
| 2010 | 30.93% | 23.11% | 1.04x | 1.28x | $2.18 Billion |
| 2011 | 20.10% | 16.02% | 0.67x | 1.87x | $1.11 Billion |
| 2012 | 16.05% | 13.72% | 0.64x | 1.83x | $662.90 Million |
| 2013 | 19.66% | 17.41% | 0.64x | 1.75x | $1.04 Billion |
| 2014 | 27.15% | 21.63% | 0.74x | 1.71x | $1.78 Billion |
| 2015 | 30.02% | 22.97% | 0.80x | 1.63x | $1.99 Billion |
| 2016 | 34.33% | 26.89% | 0.81x | 1.57x | $2.55 Billion |
| 2017 | 35.62% | 24.61% | 0.85x | 1.71x | $2.65 Billion |
| 2018 | 62.04% | 35.35% | 0.92x | 1.91x | $4.68 Billion |
| 2019 | 56.33% | 34.88% | 0.80x | 2.02x | $4.13 Billion |
| 2020 | 60.90% | 38.69% | 0.75x | 2.11x | $4.68 Billion |
| 2021 | 58.27% | 42.35% | 0.74x | 1.85x | $6.44 Billion |
| 2022 | 60.02% | 43.68% | 0.74x | 1.87x | $7.29 Billion |
| 2023 | 38.53% | 37.16% | 0.54x | 1.91x | $4.82 Billion |
| 2024 | 28.39% | 30.68% | 0.44x | 2.10x | $3.11 Billion |
| 2025 | 30.73% | 28.28% | 0.51x | 2.13x | $3.37 Billion |
Industry Comparison
This section compares Texas Instruments Incorporated's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $1,032,397,694
- Average return on equity (ROE) among peers: -33.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Texas Instruments Incorporated (TXN) | $16.27 Billion | -8.31% | 1.13x | $175.72 Billion |
| Analog Devices Inc (ADI) | $3.80 Billion | 22.85% | 0.39x | $150.01 Billion |
| Arteris Inc (AIP) | $-14.63 Million | 0.00% | 0.00x | $526.88 Million |
| Astera Labs, Inc. (ALAB) | $-85.29 Million | 0.00% | 0.00x | $17.80 Billion |
| Allegro Microsystems Inc (ALGM) | $634.13 Million | 5.83% | 0.29x | $3.89 Billion |
| Aeluma, Inc (ALMU) | $5.10 Million | -67.68% | 0.16x | $165.92 Million |
| Ambiq Micro, Inc. (AMBQ) | $89.01 Million | -28.47% | 0.18x | $424.34 Million |
| Advanced Micro Devices Inc (AMD) | $187.00 Million | -215.51% | 19.14x | $318.73 Billion |
| AMSSD (AMSSD) | $1.91 Billion | -84.67% | 2.89x | $27.31K |
| Alpha and Omega Semiconductor Ltd (AOSL) | $260.25 Million | 14.53% | 0.34x | $517.79 Million |
| Arm Holdings plc American Depositary Shares (ARM) | $3.55 Billion | 15.47% | 0.83x | $16.65 Billion |