Financials Texas Instruments Incorporated

Equities

TXN

US8825081040

Semiconductors

Market Closed - Nasdaq Other stock markets 21:00:00 10/12/2024 GMT			After market 21:50:33
190.18 ^USD	-1.69%		190.38	+0.11%

12-09	LeddarTech Shares Quadruple on Texas Instruments Agreements	DJ
12-09	Top Midday Gainers	MT

Projected Income Statement: Texas Instruments Incorporated

income-statement-evolution-chart TEXAS-INSTRUMENTS-INCORPO

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	14,383	14,461	18,344	20,028	17,519	15,511	17,217	19,580
Change	-	0.54%	26.85%	9.18%	-12.53%	-11.46%	11%	13.72%
EBITDA ¹	6,719	6,825	9,857	11,065	8,506	6,979	8,574	10,412
Change	-	1.58%	44.42%	12.26%	-23.13%	-17.96%	22.86%	21.44%
EBIT ¹	5,723	5,894	8,960	10,140	7,331	5,369	6,327	8,094
Change	-	2.99%	52.02%	13.17%	-27.7%	-26.77%	17.85%	27.93%
Interest Paid ¹	-170	-190	-184	-214	-353	-508.6	-531.7	-573
Earnings before Tax (EBT) ¹	5,728	6,017	8,919	10,032	7,418	5,322	6,149	7,880
Change	-	5.05%	48.23%	12.48%	-26.06%	-28.26%	15.54%	28.15%
Net income ¹	5,017	5,595	7,769	8,749	6,510	4,677	5,313	6,740
Change	-	11.52%	38.86%	12.61%	-25.59%	-28.16%	13.6%	26.87%
Announcement Date	22/01/20	26/01/21	25/01/22	24/01/23	23/01/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	3,350	3,329	3,239	3,817	4,076	4,289	4,580	4,643	4,832	4,905	5,212	5,241	4,670	4,379	4,531	4,532	4,077	3,661	3,822	4,151	3,874	3,885	4,193	4,584	4,564	4,726	5,021	5,358
Change	-	-0.63%	-2.7%	17.85%	6.79%	5.23%	6.78%	1.38%	4.07%	1.51%	6.26%	0.56%	-10.89%	-6.23%	3.47%	0.02%	-10.04%	-10.2%	4.4%	8.61%	-6.68%	0.28%	7.93%	9.34%	-0.44%	3.55%	6.24%	6.71%
EBITDA ¹	1,485	1,480	1,462	1,843	2,040	2,165	2,445	2,544	2,703	2,763	2,950	2,927	2,425	2,199	2,257	2,195	1,855	1,648	1,629	1,956	1,751	1,782	2,061	2,433	2,309	2,437	2,650	2,884
Change	-	-0.34%	-1.22%	26.06%	10.69%	6.13%	12.93%	4.05%	6.25%	2.22%	6.77%	-0.78%	-17.15%	-9.32%	2.64%	-2.75%	-15.49%	-11.16%	-1.15%	20.07%	-10.49%	1.79%	15.63%	18.05%	-5.1%	5.56%	8.72%	8.85%
EBIT ¹	1,249	1,244	1,228	1,609	1,813	1,939	2,213	2,305	2,503	2,563	2,723	2,678	2,176	1,934	1,972	1,892	1,533	1,286	1,248	1,554	1,284	1,269	1,486	1,748	1,742	1,875	2,076	2,314
Change	-	-0.4%	-1.29%	31.03%	12.68%	6.95%	14.13%	4.16%	8.59%	2.4%	6.24%	-1.65%	-18.75%	-11.12%	1.96%	-4.06%	-18.97%	-16.11%	-2.95%	24.52%	-17.39%	-1.14%	17.1%	17.61%	-0.34%	7.63%	10.73%	11.47%
Charge d'intérêts ¹	-45	-45	-48	-49	-48	-46	-44	-45	-49	-52	-49	-53	-60	-68	-89	-98	-98	-116	-131	-131	-132.4	-136.6	-136.6	-136.6	-126.4	-140.3	-140.3	-140.3
Earnings before Tax (EBT) ¹	1,257	1,224	1,279	1,587	1,927	1,939	2,242	2,275	2,463	2,526	2,681	2,658	2,167	1,946	2,002	1,922	1,548	1,293	1,247	1,554	1,270	1,248	1,445	1,685	1,699	1,819	2,014	2,245
Change	-	-2.63%	4.49%	24.08%	21.42%	0.62%	15.63%	1.47%	8.26%	2.56%	6.14%	-0.86%	-18.47%	-10.2%	2.88%	-4%	-19.46%	-16.47%	-3.56%	24.62%	-18.25%	-1.8%	15.78%	16.67%	0.79%	7.08%	10.73%	11.46%
Net income ¹	1,070	1,174	1,380	1,353	1,688	1,753	1,931	1,947	2,138	2,201	2,291	2,295	1,962	1,708	1,722	1,709	1,371	1,105	1,127	1,362	1,104	1,077	1,263	1,481	1,479	1,583	1,753	1,954
Change	-	9.72%	17.55%	-1.96%	24.76%	3.85%	10.15%	0.83%	9.81%	2.95%	4.09%	0.17%	-14.51%	-12.95%	0.82%	-0.75%	-19.78%	-19.4%	1.99%	20.85%	-18.94%	-2.49%	17.34%	17.23%	-0.11%	7%	10.73%	11.51%
Announcement Date	22/01/20	21/04/20	21/07/20	20/10/20	26/01/21	27/04/21	21/07/21	26/10/21	25/01/22	26/04/22	26/07/22	25/10/22	24/01/23	25/04/23	25/07/23	24/10/23	23/01/24	23/04/24	23/07/24	22/10/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Texas Instruments Incorporated

balance-sheet-analysis-chart TEXAS-INSTRUMENTS-INCORPO

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	416	230	-1,998	-332	2,648	5,978	6,858	5,881
Change	-	-44.71%	-968.7%	-116.62%	697.59%	125.76%	14.72%	-14.25%
Announcement Date	22/01/20	26/01/21	25/01/22	24/01/23	23/01/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Texas Instruments Incorporated

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	847	649	2,462	2,797	5,071	4,929	4,910	3,195
Change	-	-23.38%	279.35%	13.61%	81.3%	-2.81%	-0.37%	-34.93%
Free Cash Flow (FCF) ¹	5,802	5,490	6,294	5,923	1,349	1,539	3,312	6,773
Change	-	-5.38%	14.64%	-5.89%	-77.22%	14.12%	115.15%	104.5%
Announcement Date	22/01/20	26/01/21	25/01/22	24/01/23	23/01/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Texas Instruments Incorporated

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	46.71%	47.2%	53.73%	55.25%	48.55%	44.99%	49.8%	53.18%
EBIT Margin (%)	39.79%	40.76%	48.84%	50.63%	41.85%	34.61%	36.75%	41.34%
EBT Margin (%)	39.82%	41.61%	48.62%	50.09%	42.34%	34.31%	35.72%	40.25%
Net margin (%)	34.88%	38.69%	42.35%	43.68%	37.16%	30.15%	30.86%	34.43%
FCF margin (%)	40.34%	37.96%	34.31%	29.57%	7.7%	9.92%	19.24%	34.59%
FCF / Net Income (%)	115.65%	98.12%	81.01%	67.7%	20.72%	32.92%	62.34%	100.48%
Profitability
ROA	28.54%	29.94%	35.29%	33.73%	21.86%	14.2%	15.72%	18.25%
ROE	56.05%	61.84%	69%	62.69%	41.37%	27.75%	30.94%	34.12%
Financial Health
Leverage (Debt/EBITDA)	0.06x	0.03x	-	-	0.31x	0.86x	0.8x	0.56x
Debt / Free cash flow	0.07x	0.04x	-	-	1.96x	3.88x	2.07x	0.87x
Capital Intensity
CAPEX / Current Assets (%)	5.89%	4.49%	13.42%	13.97%	28.95%	31.77%	28.52%	16.32%
CAPEX / EBITDA (%)	12.61%	9.51%	24.98%	25.28%	59.62%	70.62%	57.27%	30.69%
CAPEX / FCF (%)	14.6%	11.82%	39.12%	47.22%	375.91%	320.16%	148.25%	47.17%
Items per share
Cash flow per share ¹	6.984	6.58	9.355	9.417	7.009	6.758	9.069	9.587
Change	-	-5.79%	42.17%	0.66%	-25.57%	-3.57%	34.19%	5.72%
Dividend per Share ¹	3.21	3.72	4.21	4.69	5.02	5.235	5.497	5.707
Change	-	15.89%	13.17%	11.4%	7.04%	4.29%	5%	3.83%
Book Value Per Share ¹	9.557	9.993	14.43	9.314	18.59	18.81	20.08	20.95
Change	-	4.57%	44.4%	-35.45%	99.57%	1.22%	6.71%	4.33%
EPS ¹	5.24	5.97	8.26	9.41	7.07	5.092	5.83	7.464
Change	-	13.93%	38.36%	13.92%	-24.87%	-27.98%	14.5%	28.02%
Nbr of stocks (in thousands)	934,775	917,942	923,526	907,572	908,204	912,217	912,217	912,217
Announcement Date	22/01/20	26/01/21	25/01/22	24/01/23	23/01/24	-	-	-