Texas Instruments (XTER:TII) ROCE % : 21.06% (As of Sep. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Texas Instruments ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Texas Instruments's annualized ROCE % for the quarter that ended in Sep. 2024 was 21.06%.

Texas Instruments ROCE % Historical Data

The historical data trend for Texas Instruments's ROCE % 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 ROCE % Chart

Texas Instruments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

39.04

36.12

48.09

45.59

28.80

Texas Instruments Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															28.45	22.45	18.70	17.66	21.06

Texas Instruments ROCE % Calculation

Texas Instruments's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	7126.007	/	( ( (25683.408 - 2817.84)	+	(29663.116 - 3044.44) )	/ 2 )
	=	7126.007	/	( (22865.568	+	26618.676)	/ 2 )
	=	7126.007	/	24742.122
	=	28.80 %

Texas Instruments's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	6072.74	/	( ( (32559.592 - 3378.773)	+	(31824.221 - 3321.086) )	/ 2 )
	=	6072.74	/	( ( 29180.819	+	28503.135 )	/ 2 )
	=	6072.74	/	28841.977
	=	21.06 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Texas Instruments (XTER:TII) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Texas Instruments ROCE % Related Terms

Thank you for viewing the detailed overview of Texas Instruments's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Texas Instruments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Texas Instruments Inc (XTER:TII) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TXN:USA TXN:Mexico TXN_KZ:Kazakhstan 1TXN:Italy 0R2H:UK TII:Germany TII:Germany TII:Germany TXN:Canada TEXA34:Brazil TXN:Austria TXN:Argentina

Address

12500 TI Boulevard, Dallas, TX, USA, 75243

Website

https://www.ti.com

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.

Texas Instruments Headlines

No Headlines