Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $14,461 | $18,344 | $20,028 | $17,519 | $15,641 |
| Gross Profit | $9,269 | $12,376 | $13,771 | $11,019 | $9,094 |
| Operating Income | $5,894 | $8,960 | $10,140 | $7,331 | $5,465 |
| Net Income | $5,595 | $7,769 | $8,749 | $6,510 | $4,799 |
Between 2020 and 2022, Texas Instruments exhibited solid growth across key income statement metrics. Revenue increased from US$14.46 billion in 2020 to US$20.03 billion in 2022—a growth of approximately 38% over the period. Gross profit rose from US$9.27 billion to US$13.77 billion, and operating income climbed from US$5.89 billion to US$10.14 billion. Net income also improved from US$5.60 billion in 2020 to US$8.75 billion in 2022. These increases suggest strong operational performance and effective cost control during a period when semiconductor demand remained robust amidst global technology advancements. The growth from 2020 to 2021 appears particularly pronounced, with revenue and profitability metrics recording significant year-over-year gains that align well with the surge in electronics and industrial signal processing demand driven by digital transformation initiatives. However, from 2022 to 2024, the financials indicate a notable reversal, with revenue declining from US$20.03 billion in 2022 to US$15.64 billion in 2024—representing a drop of nearly 22%. Similarly, gross profit, operating income, and net income experienced declines of roughly 34%, 46%, and 45% respectively from their 2022 peaks. These sizeable swings (>20% changes year-over-year) may reflect a slowdown in market demand, cyclical fluctuations in the semiconductor industry, or competitive pressure leading to margin compression. Despite these recent declines, Texas Instruments’ historical performance and robust profitability during the earlier period underline a solid financial foundation. Overall, while the near-term dips warrant careful monitoring, the company's longstanding track record suggests resilient operational capabilities and sustainable financial health over the long term.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.