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Texas Instruments (Texas Instruments) EBIT : $7,771 Mil (TTM As of Dec. 2023)


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What is Texas Instruments EBIT?

Texas Instruments's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $1,646 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $7,771 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Texas Instruments's annualized ROC % for the quarter that ended in Dec. 2023 was 24.97%. Texas Instruments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 49.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Texas Instruments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.77%.


Texas Instruments EBIT Historical Data

The historical data trend for Texas Instruments's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Texas Instruments EBIT Chart

Texas Instruments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,898.00 6,207.00 9,103.00 10,246.00 7,771.00

Texas Instruments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,227.00 2,014.00 2,091.00 2,020.00 1,646.00

Competitive Comparison of Texas Instruments's EBIT

For the Semiconductors subindustry, Texas Instruments's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Texas Instruments's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Texas Instruments's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Texas Instruments's EV-to-EBIT falls into.



Texas Instruments EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,771 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Texas Instruments  (NAS:TXN) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Texas Instruments's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=6132 * ( 1 - 11.43% )/( (21045 + 22458)/ 2 )
=5431.1124/21751.5
=24.97 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Texas Instruments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6584/( ( (9320 + max(3797, 0)) + (9999 + max(3329, 0)) )/ 2 )
=6584/( ( 13117 + 13328 )/ 2 )
=6584/13222.5
=49.79 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1976 + 3908 + 265) - (1645 + 0 + 707)
=3797

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1787 + 3999 + 264) - (1315 + 0 + 1406)
=3329

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Texas Instruments's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=7771/162957.384
=4.77 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Texas Instruments EBIT Related Terms

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Texas Instruments (Texas Instruments) Business Description

Address
12500 TI Boulevard, Dallas, TX, USA, 75243
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
Executives
Ronald Kirk director TEXAS INSTRUMENTS INCORPORATED, 12500 TI BOULEVARD MS 3999, DALLAS TX 75243
Carrie Smith Cox director SCHERING-PLOUGH CORPORATION, 2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Pamela H Patsley director 53 SOUTH AVENUE, BULINGTON MA 01803
Curtis C Farmer director 1717 MAIN STREET, MC 6404, DALLAS TX 75201
Ahmad Bahai officer: Sr. Vice President 2900 SEMICONDUCTOR DRIVE, M/S G1-1160, SANTA CLARA CA 95051
Mark A Blinn director 5215 N. O'CONNOR BLVD., SUITE 2300, IRVING TX 75039
Janet F Clark director
Mark T. Roberts officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Kyle M Flessner officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Mark Gary officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Robert E Sanchez director 11690 N.W. 105TH STREET, MIAMI FL 33178
Hagop H Kozanian officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Shanon J Leonard officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Amichai Ron officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Richard K Templeton director, officer: President & CEO 12500 TI BOULEVARD, DALLAS TX 75243

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