How Does Texas Instruments Stock Stack Up Against Its Peers?
Texas Instruments (TXN) stock has largely lagged many rivals over the past year, prompting questions on its standing amid the booming semiconductor market, heavily driven by AI infrastructure in early 2026. A closer look reveals TXN’s robust operating profitability and moderate revenue growth. However, its free cash flow margin trails some top peers, while its valuation, though considered moderate against industry averages, faces scrutiny. This indicates a solid but potentially less explosive upside compared to companies more singularly focused on advanced chip innovations.
- TXN’s 34.7% operating margin, high due to its industrial/automotive focus, lags AVGO’s 40.8% from diverse, software-driven solutions.
- TXN’s 13.0% growth from analog/industrial demand outpaces some, yet lags ADI (high-performance analog) and AVGO (AI semiconductor sales, software).
- TXN’s 10.4% gain and 38.1 PE imply growth, but peers like ADI/AVGO saw stronger returns, often tied to faster-growing AI or specialized analog markets.
Here’s how Texas Instruments stacks up across size, valuation, and profitability versus key peers.
| TXN | ADI | NXPI | MCHP | ON | AVGO | |
|---|---|---|---|---|---|---|
| Market Cap ($ Bil) | 190.7 | 172.4 | 56.8 | 40.2 | 26.7 | 1,509.0 |
| Revenue ($ Bil) | 17.7 | 11.0 | 12.3 | 4.4 | 6.0 | 63.9 |
| PE Ratio | 38.1 | 76.1 | 28.1 | -584.1 | 220.4 | 65.3 |
| LTM Revenue Growth | 13.0% | 16.9% | -2.7% | -8.1% | -15.3% | 23.9% |
| LTM Operating Margin | 34.7% | 27.2% | 24.7% | 6.3% | 12.5% | 40.8% |
| LTM FCF Margin | 14.7% | 38.8% | 18.6% | 18.8% | 23.7% | 42.1% |
| 12M Market Return | 10.4% | 55.2% | 6.2% | 30.0% | 41.3% | 61.3% |
For more details on Texas Instruments, read Buy or Sell TXN Stock. Below we compare TXN’s growth, margin, and valuation with peers across years
Revenue Growth Comparison
| LTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| TXN | 13.0% | 13.0% | -10.7% | -12.5% |
| ADI | 16.9% | 16.9% | -23.4% | 2.4% |
| NXPI | -2.7% | -2.7% | -5.0% | 0.5% |
| MCHP | -8.1% | -42.3% | -9.5% | 23.7% |
| ON | -15.3% | -15.3% | -14.2% | -0.9% |
| AVGO | 23.9% | 23.9% | 44.0% | 7.9% |
Operating Margin Comparison
| LTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| TXN | 34.7% | 34.7% | 34.1% | 41.8% |
| ADI | 27.2% | 27.2% | 22.0% | 32.4% |
| NXPI | 24.7% | 24.7% | 27.5% | 27.7% |
| MCHP | 6.3% | 8.5% | 33.5% | 36.9% |
| ON | 12.5% | 12.5% | 26.9% | 31.7% |
| AVGO | 40.8% | 40.8% | 29.1% | 45.9% |
PE Ratio Comparison
| LTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| TXN | 38.1 | 31.5 | 35.6 | 23.8 |
| ADI | 76.1 | 59.1 | 64.5 | 30.1 |
| NXPI | 28.1 | 27.1 | 21.1 | 21.2 |
| MCHP | -584.1 | -68473.5 | 16.3 | 22.2 |
| ON | 220.4 | 183.9 | 17.1 | 16.5 |
| AVGO | 65.3 | 70.5 | 181.9 | 32.9 |
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