Return on Equity (ROE)
since 2005
Calculation
Texas Instruments Inc., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net income1 | ÷ | Stockholders’ equity1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 38.53% | = | 100 | × | 6,510) | ÷ | 16,897) |
| Dec 31, 2022 | 60.02% | = | 100 | × | 8,749) | ÷ | 14,577) |
| Dec 31, 2021 | 58.27% | = | 100 | × | 7,769) | ÷ | 13,333) |
| Dec 31, 2020 | 60.90% | = | 100 | × | 5,595) | ÷ | 9,187) |
| Dec 31, 2019 | 56.33% | = | 100 | × | 5,017) | ÷ | 8,907) |
| Dec 31, 2018 | 62.04% | = | 100 | × | 5,580) | ÷ | 8,994) |
| Dec 31, 2017 | 35.62% | = | 100 | × | 3,682) | ÷ | 10,337) |
| Dec 31, 2016 | 34.33% | = | 100 | × | 3,595) | ÷ | 10,473) |
| Dec 31, 2015 | 30.02% | = | 100 | × | 2,986) | ÷ | 9,946) |
| Dec 31, 2014 | 27.15% | = | 100 | × | 2,821) | ÷ | 10,390) |
| Dec 31, 2013 | 20.01% | = | 100 | × | 2,162) | ÷ | 10,807) |
| Dec 31, 2012 | 16.05% | = | 100 | × | 1,759) | ÷ | 10,961) |
| Dec 31, 2011 | 20.42% | = | 100 | × | 2,236) | ÷ | 10,952) |
| Dec 31, 2010 | 30.93% | = | 100 | × | 3,228) | ÷ | 10,437) |
| Dec 31, 2009 | 15.12% | = | 100 | × | 1,470) | ÷ | 9,722) |
| Dec 31, 2008 | 20.59% | = | 100 | × | 1,920) | ÷ | 9,326) |
| Dec 31, 2007 | 26.64% | = | 100 | × | 2,657) | ÷ | 9,975) |
| Dec 31, 2006 | 38.21% | = | 100 | × | 4,341) | ÷ | 11,360) |
| Dec 31, 2005 | 19.47% | = | 100 | × | 2,324) | ÷ | 11,937) |
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., ROE, long-term trends, comparison to competitors
| Texas Instruments Inc. | Advanced Micro Devices Inc. | Analog Devices Inc. | Applied Materials Inc. | Broadcom Inc. | Intel Corp. | KLA Corp. | Lam Research Corp. | Micron Technology Inc. | Monolithic Power Systems Inc. | NVIDIA Corp. | Qualcomm Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 38.53% | 1.53% | 9.32% | 41.94% | 58.70% | 1.60% | 116.01% | 54.94% | -13.22% | 20.85% | 19.76% | 33.51% |
| Dec 31, 2022 | 60.02% | 2.41% | 7.54% | 53.51% | 50.62% | 7.90% | 237.04% | 73.35% | 17.41% | 26.23% | 36.65% | 71.81% |
| Dec 31, 2021 | 58.27% | 42.18% | 3.66% | 48.08% | 26.99% | 20.83% | 61.53% | 64.85% | 13.34% | 19.46% | 25.64% | 90.88% |
| Dec 31, 2020 | 60.90% | 42.66% | 10.17% | 34.21% | 12.40% | 25.79% | 45.65% | 43.53% | 6.89% | 17.01% | 22.91% | 85.54% |
| Dec 31, 2019 | 56.33% | 12.06% | 11.64% | 32.94% | 10.92% | 27.16% | 44.21% | 46.89% | 17.59% | 14.07% | 44.33% | 89.35% |
| Dec 31, 2018 | 62.04% | 26.62% | 13.61% | 48.44% | 45.99% | 28.24% | 49.51% | 36.62% | 43.77% | 16.45% | 40.78% | -524.14% |
| Dec 31, 2017 | 35.62% | 7.04% | 7.16% | 36.73% | 8.34% | 13.91% | 69.82% | 24.90% | 27.33% | 12.49% | 28.91% | 8.02% |
| Dec 31, 2016 | 34.33% | -119.47% | 16.68% | 23.85% | -9.20% | 15.58% | 102.22% | 15.51% | -2.28% | 12.23% | 13.74% | 17.95% |
| Dec 31, 2015 | 30.02% | — | 13.74% | 18.09% | 28.94% | 18.70% | 86.88% | 12.85% | 23.57% | 9.54% | 14.27% | 16.78% |
| Dec 31, 2014 | 27.15% | -215.51% | 13.23% | 13.62% | 8.11% | 20.95% | 15.88% | 12.57% | 28.27% | 10.25% | 9.87% | 20.34% |
| Dec 31, 2013 | 20.01% | -15.26% | 14.21% | 3.61% | 19.13% | 16.51% | 15.60% | 2.54% | 13.02% | 7.08% | 11.65% | 18.99% |
| Dec 31, 2012 | 16.05% | -219.89% | 15.63% | 1.51% | 23.27% | 21.49% | 22.80% | 3.29% | -13.40% | 6.10% | 14.02% | 18.22% |
| Dec 31, 2011 | 20.42% | 30.88% | 22.85% | 21.89% | 27.52% | 28.19% | 27.77% | 29.30% | 1.97% | 5.48% | 7.96% | 15.81% |
| Dec 31, 2010 | 30.93% | 46.50% | 22.25% | 12.44% | 27.57% | 23.19% | 9.45% | 19.61% | 23.07% | 11.97% | -2.55% | 15.57% |
| Dec 31, 2009 | 15.12% | 46.91% | 9.80% | -4.30% | -4.23% | 10.48% | -23.96% | -20.79% | -39.43% | 9.24% | -1.25% | 7.84% |
| Dec 31, 2008 | 20.59% | — | 32.49% | 12.73% | — | 13.54% | 12.04% | 24.70% | -26.21% | 14.71% | 30.47% | 17.61% |
| Dec 31, 2007 | 26.64% | -113.01% | 21.25% | 21.87% | — | 16.31% | 14.88% | 58.30% | -4.13% | 8.42% | 22.36% | 20.86% |
| Dec 31, 2006 | 38.21% | -2.87% | 15.99% | 22.80% | — | 13.72% | 10.66% | 24.05% | 5.03% | -3.02% | 20.76% | 18.42% |
| Dec 31, 2005 | 19.47% | 4.94% | 11.24% | 13.55% | — | 23.95% | 15.33% | 28.06% | 3.22% | 6.53% | 8.52% | 19.27% |
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., ROE, long-term trends, comparison to sector (semiconductors & semiconductor equipment)
| Texas Instruments Inc. | Semiconductors & Semiconductor Equipment | |
|---|---|---|
| Dec 31, 2023 | 38.53% | 13.34% |
| Dec 31, 2022 | 60.02% | 22.71% |
| Dec 31, 2021 | 58.27% | 25.76% |
| Dec 31, 2020 | 60.90% | 24.50% |
| Dec 31, 2019 | 56.33% | 26.78% |
| Dec 31, 2018 | 62.04% | 33.36% |
| Dec 31, 2017 | 35.62% | 16.94% |
| Dec 31, 2016 | 34.33% | 13.42% |
| Dec 31, 2015 | 30.02% | 19.04% |
| Dec 31, 2014 | 27.15% | 19.75% |
| Dec 31, 2013 | 20.01% | 15.75% |
| Dec 31, 2012 | 16.05% | 14.93% |
| Dec 31, 2011 | 20.42% | 21.52% |
| Dec 31, 2010 | 30.93% | 20.97% |
| Dec 31, 2009 | 15.12% | 5.28% |
| Dec 31, 2008 | 20.59% | 10.03% |
| Dec 31, 2007 | 26.64% | 13.62% |
| Dec 31, 2006 | 38.21% | 16.50% |
| Dec 31, 2005 | 19.47% | 18.49% |
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., ROE, long-term trends, comparison to industry (information technology)
| Texas Instruments Inc. | Information Technology | |
|---|---|---|
| Dec 31, 2023 | 38.53% | 32.16% |
| Dec 31, 2022 | 60.02% | 39.26% |
| Dec 31, 2021 | 58.27% | 42.62% |
| Dec 31, 2020 | 60.90% | 35.95% |
| Dec 31, 2019 | 56.33% | 36.84% |
| Dec 31, 2018 | 62.04% | 30.52% |
| Dec 31, 2017 | 35.62% | 23.51% |
| Dec 31, 2016 | 34.33% | 23.45% |
| Dec 31, 2015 | 30.02% | 26.27% |
| Dec 31, 2014 | 27.15% | 25.69% |
| Dec 31, 2013 | 20.01% | 24.94% |
| Dec 31, 2012 | 16.05% | 26.23% |
| Dec 31, 2011 | 20.42% | 29.20% |
| Dec 31, 2010 | 30.93% | 27.88% |
| Dec 31, 2009 | 15.12% | 20.28% |
| Dec 31, 2008 | 20.59% | 25.66% |
| Dec 31, 2007 | 26.64% | 24.00% |
| Dec 31, 2006 | 38.21% | 22.73% |
| Dec 31, 2005 | 19.47% | 22.11% |
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).