Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
Texas Instruments's operating assets for the quarter that ended in Mar. 2026 was $29,290 Mil. Texas Instruments's operating liabilities for the quarter that ended in Mar. 2026 was $3,565 Mil. Texas Instruments's Total Assets for the quarter that ended in Dec. 2025 was $34,585 Mil. Therefore, Texas Instruments's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.74.
Texas Instruments Scaled Net Operating Assets Related Terms
Texas Instruments Scaled Net Operating Assets Historical Data
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The historical data trend for Texas Instruments's Scaled Net Operating Assets 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.
Texas Instruments Scaled Net Operating Assets Chart
TXN vs QCOM, ADI, MRVL: Scaled Net Operating Assets Comparison
For the Semiconductors subindustry, Texas Instruments's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Texas Instruments's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where Texas Instruments's Scaled Net Operating Assets falls into.
* 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.
What does a Scaled Net Operating Assets of 0.74 mean?
Texas Instruments (TXN) has a Scaled Net Operating Assets of 0.74 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Texas Instruments and its competitors.
Is Texas Instruments' Scaled Net Operating Assets too high?
Texas Instruments' current Scaled Net Operating Assets is 0.74. Overall, Texas Instruments has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Texas Instruments' Scaled Net Operating Assets compare to QCOM and ADI?
Texas Instruments' Scaled Net Operating Assets of 0.74 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Semiconductors company?
A good Scaled Net Operating Assets depends on the Semiconductors industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Texas Instruments and its competitors. Texas Instruments's current Scaled Net Operating Assets is 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texas Instruments stock overvalued right now?
Based on GuruFocus' analysis, Texas Instruments (TXN) is currently considered Significantly Overvalued. The stock's GF Value™ is $212.59, compared to a current price of $285.43 — trading 34.3% above its estimated fair value. The current Scaled Net Operating Assets is 0.74. Texas Instruments' overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Texas Instruments (TXN), the current Scaled Net Operating Assets is 0.74 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Texas Instruments (TXN) Overvalued in 2026?
Based on GuruFocus' analysis, Texas Instruments stock appears to be overvalued.
The current stock price of $285.43 is trading 34.3% above its estimated GF Value™ of $212.59.
GuruFocus considers Texas Instruments to be Significantly Overvalued.
Key valuation signals for TXN:
Scaled Net Operating Assets: 0.74
GF Value™: $212.59 vs. price of $285.43 (34.3% above fair value)
No single metric tells the full story. See the TXN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
81GF Score
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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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