TXN Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	259.12B EUR	272.17B EUR	176.67B EUR	157.36B EUR
Enterprise Value	270.25B EUR	282.56B EUR	187.17B EUR	168.18B EUR
Valuation Multiples
Trailing P/E	43.19x	44.97x	32.92x	41.17x
Forward P/E	26.66x	--	--	--
Price to Sales	13.32x	13.99x	9.58x	11.56x
Price to Book	14.39x	15.11x	10.53x	9.67x
EV/Revenue	13.89x	14.53x	10.15x	12.35x
EV/EBITDA	28.39x	28.75x	20.9x	25.79x
Price to FCF (P/FCF)	73.09x	50.82x	47.48x	54.69x
EV/FCF	76.23x	52.77x	50.3x	58.46x
FCF Yield	1.37%	1.97%	2.11%	1.83%