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TXN (Texas Instruments) Cyclically Adjusted FCF per Share : $5.60 (As of Jun. 2025)


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What is Texas Instruments Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Texas Instruments's adjusted free cash flow per share for the three months ended in Jun. 2025 was $0.609. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $5.60 for the trailing ten years ended in Jun. 2025.

During the past 12 months, Texas Instruments's average Cyclically Adjusted FCF Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 7.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 10.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Texas Instruments was 44.80% per year. The lowest was -23.10% per year. And the median was 14.20% per year.

As of today (2025-07-24), Texas Instruments's current stock price is $186.25. Texas Instruments's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2025 was $5.60. Texas Instruments's Cyclically Adjusted Price-to-FCF of today is 33.26.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Texas Instruments was 42.97. The lowest was 19.52. And the median was 30.87.


Texas Instruments Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Texas Instruments's Cyclically Adjusted FCF per Share 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 Cyclically Adjusted FCF per Share Chart

Texas Instruments Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.38 5.12 5.77 5.76 5.63

Texas Instruments Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
Cyclically Adjusted FCF per Share 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 5.79 5.70 5.63 5.61 5.60

Competitive Comparison of Texas Instruments's Cyclically Adjusted FCF per Share

For the Semiconductors subindustry, Texas Instruments's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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 Cyclically Adjusted Price-to-FCF Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Texas Instruments's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Texas Instruments's Cyclically Adjusted Price-to-FCF falls into.


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Texas Instruments Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Texas Instruments's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2025 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2025 (Change)*Current CPI (Jun. 2025)
=0.609/135.3468*135.3468
=0.609

Current CPI (Jun. 2025) = 135.3468.

Texas Instruments Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201509 1.227 100.392 1.654
201512 1.361 99.792 1.846
201603 0.518 100.470 0.698
201606 0.932 101.688 1.240
201609 1.296 101.861 1.722
201612 1.254 101.863 1.666
201703 0.656 102.862 0.863
201706 0.755 103.349 0.989
201709 1.524 104.136 1.981
201712 1.688 104.011 2.197
201803 0.918 105.290 1.180
201806 1.582 106.317 2.014
201809 1.755 106.507 2.230
201812 1.880 105.998 2.401
201903 0.895 107.251 1.129
201906 1.587 108.070 1.988
201909 1.940 108.329 2.424
201912 1.677 108.420 2.093
202003 0.732 108.902 0.910
202006 1.715 108.767 2.134
202009 1.396 109.815 1.721
202012 2.050 109.897 2.525
202103 1.649 111.754 1.997
202106 1.852 114.631 2.187
202109 2.075 115.734 2.427
202112 1.149 117.630 1.322
202203 1.821 121.301 2.032
202206 1.259 125.017 1.363
202209 2.141 125.227 2.314
202212 1.172 125.222 1.267
202303 0.194 127.348 0.206
202306 -0.051 128.729 -0.054
202309 0.483 129.860 0.503
202312 0.847 129.419 0.886
202403 -0.252 131.776 -0.259
202406 0.552 132.554 0.564
202409 0.452 133.029 0.460
202412 0.877 133.157 0.891
202503 -0.299 134.927 -0.300
202506 0.609 135.347 0.609

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Texas Instruments  (NAS:TXN) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Texas Instruments's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=186.25/5.60
=33.26

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Texas Instruments was 42.97. The lowest was 19.52. And the median was 30.87.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Texas Instruments Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Texas Instruments's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Texas Instruments Business Description

Industry
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
Richard K Templeton director, officer: President & CEO 12500 TI BOULEVARD, DALLAS TX 75243
Janet F Clark director
Mark A Blinn director 5215 N. O'CONNOR BLVD., SUITE 2300, IRVING TX 75039
Ronald Kirk director TEXAS INSTRUMENTS INCORPORATED, 12500 TI BOULEVARD MS 3999, DALLAS TX 75243
Haviv Ilan officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Mark Gary officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Rafael R Lizardi officer: Sr. Vice President & CFO 12500 TI BOULEVARD, DALLAS TX 75243
Ahmad Bahai officer: Sr. Vice President 2900 SEMICONDUCTOR DRIVE, M/S G1-1160, SANTA CLARA CA 95051
Christine Witzsche officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Robert E Sanchez director 11690 N.W. 105TH STREET, MIAMI FL 33178
Amichai Ron officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Pamela H Patsley director 53 SOUTH AVENUE, BULINGTON MA 01803
Mark T. Roberts officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Shanon J Leonard officer: Sr. Vice President 12500 TI BOULEVARD, DALLAS TX 75243
Julie C. Knecht officer: VP & Chief Accounting Officer 12500 TI BOULEVARD, DALLAS TX 75243