Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

Acquisition charges

Restructuring charges/other

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Texas Instruments

National Security was an American semiconductor manufacturer which specialized in analog devices and subsystems. The company produced power management integrated circuits, display drivers, audio and operational amplifiers, communication interface products and data conversion solutions. National's key markets included wireless handsets, displays and a variety of broad electronics markets, including medical, automotive, industrial and test and measurement applications. On September 23, 2011, the company formally became part of Texas Instruments as the "Silicon Valley" division.

National Semiconductor

Texas Instruments Incorporated engages in the design and manufacture of semiconductors. It operates through the following segments: Analog, Embedded Processing, and Other. Analog semiconductors change real-world signals, such as sound, temperature, pressure or images, by conditioning them, amplifying them and often converting them to a stream of digital data that can be processed by other semiconductors, such as embedded processors. The Embedded Processing segment involves handling specific tasks and can be optimized for various combinations of performance, power, and cost, depending on the application. The company was founded in 1930 and is headquartered in Dallas, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Texas Instruments reports Q4 revenue decline, focuses on industrial growth

Texas Instruments faced revenue challenges in Q4 due to weaker demand and inventory reductions, impacting sequential and YoY performance.
Despite challenges, the company maintains a strong balance sheet, proactive financial management, and a strategic focus on industrial and automotive markets.
Opportunities for growth exist through further R&D investments, emphasis on key markets, and upcoming capital management discussions.
Confidence in long-term growth remains high, supported by a commitment to customer service and minimizing inventory obsolescence.

Texas Instruments reports Q1 revenue decline, focuses on long-term value

Texas Instruments (TXN) faced revenue decline and margin pressure in Q1 2023, with a focus on long-term value creation through operational excellence and disciplined capital allocation.
Despite challenges in profitability and debt levels, the company aims to adapt to market changes, prioritize free cash flow, and deliver sustainable growth for stakeholders.
Opportunities exist for Texas Instruments to optimize operations, innovate in product development, and drive growth through strategic initiatives in the semiconductor industry.

Texas Instruments posts mixed Q2 results, eyes growth opportunities

Texas Instruments (TXN) reported mixed financial results in Q2 2023 with revenue growth in Embedded Processing but declines in Analog and Other segments.
Despite challenges in certain markets, the company's strong cash flow position and focus on long-term investments signal resilience and strategic planning.
TI's guidance for Q3 reflects cautious optimism with a range of revenue and earnings per share projections, indicating a proactive approach to market uncertainties.
Addressing challenges in Analog revenue and market performance while capitalizing on opportunities in growth segments will be crucial for Texas Instruments' future success.

Texas Instruments reports Q3 revenue decline, eyes long-term growth

Texas Instruments faced revenue decline in Q3 but maintained strong cash flow and dividend growth.
Challenges include weak sectors in China and industrial markets, with opportunities in additional funding and strategic investments.
The company's focus on long-term growth and disciplined capital allocation underpins its performance.
Analysts raised questions on gross margin drivers, end market behavior, and specific business segments.

Texas Instruments reports Q4 revenue decline, focuses on efficiency

Texas Instruments faced revenue declines in Q4 2023 but demonstrated strong financial performance and cash flow generation.
The company adjusted inventory growth plans, highlighting a focus on operational efficiency and strategic capital deployment.
Challenges include managing underutilization impacts and ensuring smooth transitions amidst inventory adjustments.

Texas Instruments reports Q1 revenue decline, focuses on profitability

Texas Instruments faced revenue declines in Q1 but maintained strong profitability and cash flow.
Challenges persist with market uncertainties and questions around competition and pricing strategies.
Opportunities lie in strategic investments, share buybacks, and leveraging R&D for future growth.

Texas Instruments (TXN) reports mixed Q2 results, focuses on strategic investments

Texas Instruments (TXN) delivered mixed Q2 results with revenue growth in some sectors but an overall year-over-year decline. Despite challenges, the company's focus on capacity investments and strategic positioning bodes well for future performance. TI's emphasis on long-term value creation and disciplined capital allocation underscores its commitment to sustainable growth.

Texas Instruments posts solid Q3 results amidst market variations

Texas Instruments delivered a strong performance in Q3, driven by growth in key end markets and improved profitability metrics.
While facing challenges in the industrial sector and lower revenue guidance for Q4, the company maintains a solid financial position.
Opportunities lie in capitalizing on automotive market growth, optimizing expenses, and exploring further innovation across segments.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Similar to many other semiconductor companies, Texas Instruments has to report declining sales. Not only is Texas Instruments a high-quality business with a wide economic moat, it is also investing heavily in its future. The stock might be slightly undervalued, however, the chart should make us cautious.

Texas Instruments: Downside Risk Despite Undervaluation

Archer-Daniels-Midland Company

Johnson & Johnson

McDonald's

PepsiCo

Pfizer

QUALCOMM

Schwab US Dividend Equity ETF

SPDR Portfolio Total Stock Market ETF

SPDR Portfolio S&P 500 High Dividend ETF

Target

T. Rowe Price Group

Vanguard High Dividend Yield ETF

Exxon Mobil

Bert and his wife received $3,570.87 in September dividend income. This was a 16.52% dividend increase compared to September 2022. The stock and ETF split in the month of September was 45% ETF to 55% stock. Through investment in DRIP and dividend increases, Bert saw his income grow significantly for some of his positions.

Bert's September Dividend Income Summary

Broadcom

Best Buy

Home Depot

Kroger

Morgan Stanley

NextEra Energy

Nexstar Media Group

Toronto-Dominion Bank

Tractor Supply

U.S. Bancorp

Visa

Many companies are showing up as bargains right now, I cover my five favorites. Utilities may not be as good of a bargain as they seem, as their dividend yields are influenced by interest rates. Retailers and banks are showing up as potential bargains, but investors should be cautious and consider the risks associated with these industries.

Diving Into Dividends: Bargain Opportunities In Dividend Growth

Blackrock Inc

Cohen & Steers

Cheniere Energy Partners

Chevron

Darden Restaurants

Lockheed Martin

MPLX

MSC Industrial Direct

ONEOK

Paychex

Philip Morris

PNC Financial Services

Phillips 66

Pioneer Natural Resources

SPDR S&P 500 ETF Trust

Sociedad Quimica Y Minera De Chile

The 4 factor high yield strategy aims to automate the stock selection process, and offer a blend of the simplicity of ETFs with exposure to individual stocks. Thus far the strategy has generated promising results, with 60% to 80% success rates when measured against SPY and SCHD. The strategy has generated 5 unique 20 stock portfolios, each with a starting dividend yield in excess of 4%.

Best High Yield Dividend Stocks - From The 4 Factor Strategy

Amgen

Bank of America

ConocoPhillips

Goldman Sachs

Coca-Cola

MetLife

Altria

Sempra Energy

There are 20 stocks on my high yield watchlist for October 2023. The majority of the stocks on my watchlist are undervalued based on dividend yield theory. An equally weighted portfolio of these stocks underperformed the Vanguard High Yield Dividend ETF by about 0.50% during the month of September.

High Yield Stock Watchlist - October 2023

Microchip Technology

NXP Semiconductors

We are well aware of the most well-known semiconductor stocks within the tech sector and their great growth lately, but we could consider that if we want to maximize our returns, investing in these companies may be a little late. To do so, we must identify the new opportunities that are presenting themselves within the sector and take advantage of the boom of these new companies that are doing an incredible job with excellent results.

3 Spectacular Semiconductor Stocks That Will Make Early Investors Rich

Semiconductor companies' sales doubled from 2012 to 2022 due to the rising demand for digital products. Semiconductor industry experiences economic cycles, but we're approaching the bottom of the current one, setting the stage for the next supercycle between 2024-2026. Texas Instruments is primed to benefit from the increasing chip demand in the next decade, boasting industry-leading margins and vertical integration.

Texas Instruments: A Must-Have In Every Dividend Growth Portfolio

Texas Instruments is a dividend growth stock with a >3% dividend yield and a 15% 5-year dividend CAGR. TXN has a strong business model with robust competitive advantages and a focus on analog and embedded processing products. The company is confident in the industrial and automotive markets, with long-term growth potential and opportunities for market share expansion.

Down 20%, Yielding 3%; Let Texas Instruments Help You Retire (Early)

AbbVie

Accenture Plc

Automatic Data Processing

Applied Materials

ASML Hld

Cisco Systems

Expeditors International of Washington

Fastenal

Ferguson Enterprises Inc

Garmin

Infosys

KLA-Tencor

Lowe's

Lam Research

Mastercard

Monolithic Power Systems

Merck

Rollins

Snap-on

Skyworks Solutions

Taiwan Semiconductor Manufacturing

The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF, with a few minor twists. The portfolio fell by 6.29% in September, underperforming the S&P 500 by 1.53%. Year-to-date, the portfolio is up 6.89%. Since its inception, the portfolio has generated 1.90% of alpha over the S&P 500.

4 Factor Dividend Growth Portfolio: First Year Is Coming Down To The Wire

STMicroelectronics NV ADR RegS

Investors looking for stocks in the Semiconductor - General sector might want to consider either STMicroelectronics (STM) or Texas Instruments (TXN). But which of these two companies is the best option for those looking for undervalued stocks?

STM vs. TXN: Which Stock Should Value Investors Buy Now?

DALLAS , Oct. 2, 2023 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) will webcast its third quarter 2023 earnings conference call on Tuesday, Oct. 24, at 3:30 p.m. Central time.

Texas Instruments to webcast Q3 2023 earnings conference call

Advanced Micro Devices

NVIDIA

Semiconductor stocks for your October 2023 watchlist.

3 Semiconductor Stocks To Watch In October 2023

Cigna

September has historically been a bad month for equities, with the SPDR S&P 500 Trust ETF and Vanguard's Dividend Appreciation ETF both posting losses during the last 4 Septembers. The top 15 dividend growth stocks for October offer an average dividend yield of 1.94% and appear to be about 35% undervalued based on dividend yield theory. Since inception, September 2020, the watchlist is outperforming VIG by 2.92% and SPY by 2.34%, on an annualized basis.

My Top 15 High Growth Dividend Stocks For October 2023

News for Texas Instruments Stock (TXN)