Return on Assets (ROA)
since 2005
Calculation
Texas Instruments Inc., ROA, long-term trends, calculation
| ROA | = | 100 | × | Net income1 | ÷ | Total assets1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 20.12% | = | 100 | × | 6,510) | ÷ | 32,348) |
| Dec 31, 2022 | 32.16% | = | 100 | × | 8,749) | ÷ | 27,207) |
| Dec 31, 2021 | 31.48% | = | 100 | × | 7,769) | ÷ | 24,676) |
| Dec 31, 2020 | 28.91% | = | 100 | × | 5,595) | ÷ | 19,351) |
| Dec 31, 2019 | 27.84% | = | 100 | × | 5,017) | ÷ | 18,018) |
| Dec 31, 2018 | 32.56% | = | 100 | × | 5,580) | ÷ | 17,137) |
| Dec 31, 2017 | 20.87% | = | 100 | × | 3,682) | ÷ | 17,642) |
| Dec 31, 2016 | 21.88% | = | 100 | × | 3,595) | ÷ | 16,431) |
| Dec 31, 2015 | 18.40% | = | 100 | × | 2,986) | ÷ | 16,230) |
| Dec 31, 2014 | 15.92% | = | 100 | × | 2,821) | ÷ | 17,722) |
| Dec 31, 2013 | 11.42% | = | 100 | × | 2,162) | ÷ | 18,938) |
| Dec 31, 2012 | 8.79% | = | 100 | × | 1,759) | ÷ | 20,021) |
| Dec 31, 2011 | 10.91% | = | 100 | × | 2,236) | ÷ | 20,497) |
| Dec 31, 2010 | 24.09% | = | 100 | × | 3,228) | ÷ | 13,401) |
| Dec 31, 2009 | 12.13% | = | 100 | × | 1,470) | ÷ | 12,119) |
| Dec 31, 2008 | 16.10% | = | 100 | × | 1,920) | ÷ | 11,923) |
| Dec 31, 2007 | 20.98% | = | 100 | × | 2,657) | ÷ | 12,667) |
| Dec 31, 2006 | 31.16% | = | 100 | × | 4,341) | ÷ | 13,930) |
| Dec 31, 2005 | 15.43% | = | 100 | × | 2,324) | ÷ | 15,063) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Texas Instruments Inc., ROA, long-term trends, comparison to competitors
| Texas Instruments Inc. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | First Solar Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | NVIDIA Corp. | Qualcomm Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 20.12% | 1.26% | 6.79% | 22.31% | 19.33% | 8.02% | 0.88% | 24.07% | 24.02% | -9.08% | 10.61% | 14.17% |
| Dec 31, 2022 | 32.16% | 1.95% | 5.46% | 24.41% | 15.69% | -0.54% | 4.40% | 26.37% | 26.78% | 13.11% | 22.07% | 26.39% |
| Dec 31, 2021 | 31.48% | 25.46% | 2.66% | 22.80% | 8.91% | 6.32% | 11.80% | 20.23% | 24.59% | 9.96% | 15.05% | 21.93% |
| Dec 31, 2020 | 28.91% | 27.78% | 5.69% | 16.19% | 3.90% | 5.60% | 13.65% | 13.11% | 15.47% | 5.01% | 16.15% | 14.60% |
| Dec 31, 2019 | 27.84% | 5.66% | 6.37% | 14.22% | 4.04% | -1.53% | 15.42% | 13.05% | 18.26% | 12.91% | 31.15% | 13.31% |
| Dec 31, 2018 | 32.56% | 7.40% | 7.31% | 18.64% | 24.46% | 2.03% | 16.45% | 14.28% | 19.08% | 32.59% | 27.11% | -14.88% |
| Dec 31, 2017 | 20.87% | 1.21% | 3.44% | 17.68% | 3.11% | -2.41% | 7.79% | 16.74% | 14.00% | 14.40% | 16.93% | 3.77% |
| Dec 31, 2016 | 21.88% | -14.97% | 10.81% | 11.80% | -3.48% | -5.21% | 9.10% | 14.20% | 7.45% | -1.00% | 8.33% | 10.90% |
| Dec 31, 2015 | 18.40% | -21.23% | 9.87% | 9.00% | 12.88% | 7.47% | 11.08% | 7.59% | 7.00% | 12.01% | 8.76% | 10.38% |
| Dec 31, 2014 | 15.92% | -10.70% | 9.17% | 8.14% | 2.51% | 5.90% | 12.73% | 10.52% | 7.91% | 13.53% | 6.07% | 16.40% |
| Dec 31, 2013 | 11.42% | -1.91% | 10.55% | 2.13% | 16.16% | 5.13% | 10.42% | 10.27% | 1.57% | 6.22% | 8.77% | 15.06% |
| Dec 31, 2012 | 8.79% | -29.58% | 11.59% | 0.90% | 19.67% | -1.52% | 13.05% | 14.82% | 2.11% | -7.20% | 10.46% | 14.20% |
| Dec 31, 2011 | 10.91% | 9.91% | 16.44% | 13.90% | 22.57% | -0.68% | 18.20% | 16.99% | 17.84% | 1.13% | 5.63% | 11.70% |
| Dec 31, 2010 | 24.09% | 9.49% | 16.45% | 8.57% | 19.24% | 15.16% | 18.14% | 5.43% | 13.94% | 12.59% | -1.90% | 10.62% |
| Dec 31, 2009 | 12.13% | 3.35% | 7.28% | -3.19% | -2.23% | 19.11% | 8.23% | -14.50% | -15.48% | -16.02% | -0.90% | 5.80% |
| Dec 31, 2008 | 16.10% | -40.36% | 25.44% | 8.73% | — | 16.47% | 10.43% | 7.41% | 15.65% | -12.06% | 21.28% | 12.86% |
| Dec 31, 2007 | 20.98% | -29.26% | 16.72% | 16.05% | — | 11.55% | 12.54% | 11.42% | 32.63% | -2.16% | 16.78% | 17.86% |
| Dec 31, 2006 | 31.16% | -1.26% | 13.78% | 16.00% | — | 0.69% | 10.43% | 8.31% | 14.51% | 3.34% | 15.80% | 16.24% |
| Dec 31, 2005 | 15.43% | 2.27% | 9.05% | 10.74% | — | — | 17.93% | 11.71% | 20.66% | 2.35% | 6.16% | 17.17% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Semiconductors & Semiconductor Equipment)
Texas Instruments Inc., ROA, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| Texas Instruments Inc. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Dec 31, 2023 | 20.12% | 7.42% |
| Dec 31, 2022 | 32.16% | 12.50% |
| Dec 31, 2021 | 31.48% | 13.52% |
| Dec 31, 2020 | 28.91% | 11.70% |
| Dec 31, 2019 | 27.84% | 13.08% |
| Dec 31, 2018 | 32.56% | 17.03% |
| Dec 31, 2017 | 20.87% | 8.24% |
| Dec 31, 2016 | 21.88% | 6.80% |
| Dec 31, 2015 | 18.40% | 10.64% |
| Dec 31, 2014 | 15.92% | 12.02% |
| Dec 31, 2013 | 11.42% | 10.00% |
| Dec 31, 2012 | 8.79% | 9.18% |
| Dec 31, 2011 | 10.91% | 13.37% |
| Dec 31, 2010 | 24.09% | 14.80% |
| Dec 31, 2009 | 12.13% | 3.98% |
| Dec 31, 2008 | 16.10% | 6.88% |
| Dec 31, 2007 | 20.98% | 9.64% |
| Dec 31, 2006 | 31.16% | 12.08% |
| Dec 31, 2005 | 15.43% | 14.01% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Information Technology)
Texas Instruments Inc., ROA, long-term trends, comparison to industry (information technology)
| Texas Instruments Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2023 | 20.12% | 13.01% |
| Dec 31, 2022 | 32.16% | 14.99% |
| Dec 31, 2021 | 31.48% | 15.62% |
| Dec 31, 2020 | 28.91% | 12.12% |
| Dec 31, 2019 | 27.84% | 12.78% |
| Dec 31, 2018 | 32.56% | 10.88% |
| Dec 31, 2017 | 20.87% | 8.97% |
| Dec 31, 2016 | 21.88% | 9.68% |
| Dec 31, 2015 | 18.40% | 11.51% |
| Dec 31, 2014 | 15.92% | 12.34% |
| Dec 31, 2013 | 11.42% | 13.20% |
| Dec 31, 2012 | 8.79% | 13.95% |
| Dec 31, 2011 | 10.91% | 14.96% |
| Dec 31, 2010 | 24.09% | 14.47% |
| Dec 31, 2009 | 12.13% | 10.14% |
| Dec 31, 2008 | 16.10% | 12.04% |
| Dec 31, 2007 | 20.98% | 12.06% |
| Dec 31, 2006 | 31.16% | 12.24% |
| Dec 31, 2005 | 15.43% | 12.79% |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).