Texas Instruments Incorporated (TXN)

Return on total capital

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Earnings before interest and tax (EBIT) US$ in thousands 6,253,000 5,961,000 7,331,000 10,246,000 9,103,000
Long-term debt US$ in thousands — — — — —
Total stockholders’ equity US$ in thousands 16,273,000 16,903,000 16,897,000 14,577,000 13,333,000
Return on total capital 38.43% 35.27% 43.39% 70.29% 68.27%

December 31, 2025 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $6,253,000K ÷ ($—K + $16,273,000K)
= 38.43%