Texas Instruments Incorporated (TXN)
Return on total capital
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 6,253,000 | 6,229,000 | 6,189,000 | 5,956,000 | 5,961,000 | 6,118,000 | 6,453,000 | 7,166,000 | 7,771,000 | 8,352,000 | 9,043,000 | 9,682,000 | 10,246,000 | 10,531,000 | 10,140,000 | 9,696,000 | 9,103,000 | 8,566,000 | 7,882,000 | 6,923,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 16,273,000 | 16,627,000 | 16,403,000 | 16,406,000 | 16,903,000 | 17,268,000 | 17,214,000 | 16,983,000 | 16,897,000 | 16,631,000 | 15,940,000 | 15,243,000 | 14,577,000 | 14,507,000 | 14,092,000 | 14,017,000 | 13,333,000 | 12,151,000 | 11,153,000 | 10,166,000 |
| Return on total capital | 38.43% | 37.46% | 37.73% | 36.30% | 35.27% | 35.43% | 37.49% | 42.20% | 45.99% | 50.22% | 56.73% | 63.52% | 70.29% | 72.59% | 71.96% | 69.17% | 68.27% | 70.50% | 70.67% | 68.10% |
December 31, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $6,253,000K ÷ ($—K + $16,273,000K)
= 38.43%
Peer comparison
Dec 31, 2025
Company name
Symbol
Return on total capital
Texas Instruments Incorporated
TXN
38.43%
Alpha and Omega Semiconductor Ltd
AOSL
-0.00%
Analog Devices Inc
ADI
8.96%
Broadcom Inc
AVGO
31.43%
Intel Corporation
INTC
1.77%
MACOM Technology Solutions Holdings Inc
MTSI
-1.77%
MaxLinear Inc
MXL
-26.88%
Micron Technology Inc
MU
18.70%
Qualcomm Incorporated
QCOM
62.85%
Skyworks Solutions Inc
SWKS
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