Texas Instruments Inc. operates in 6 regions: United States; China; Rest of Asia; Europe, Middle East and Africa; Japan; and Rest of world.
Area Asset Turnover
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
United States | 0.77 | 0.44 | 0.52 | 0.76 | 0.91 |
China | 4.50 | 15.19 | 17.54 | — | — |
Rest of Asia | 1.20 | 2.94 | 3.03 | 9.49 | 8.27 |
Europe, Middle East and Africa | 68.26 | 80.00 | 59.62 | 43.25 | 42.97 |
Japan | 10.54 | 9.69 | 6.90 | 4.45 | 4.30 |
Rest of world | 5.34 | 17.94 | 32.80 | 35.45 | 36.64 |
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).
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
China | China area asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. | |
Rest of Asia | Rest of Asia area asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. | |
Europe, Middle East and Africa | Europe, Middle East and Africa area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. | |
Japan | Japan area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. | |
Rest of world | Rest of world area asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Area Asset Turnover: United States
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Revenue | 5,814) | 2,267) | 1,906) | 1,547) | 1,827) |
Property, plant and equipment | 7,548) | 5,134) | 3,648) | 2,036) | 1,998) |
Area Activity Ratio | |||||
Area asset turnover1 | 0.77 | 0.44 | 0.52 | 0.76 | 0.91 |
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).
1 2023 Calculation
Area asset turnover = Revenue ÷ Property, plant and equipment
= 5,814 ÷ 7,548 = 0.77
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2021 to 2022 but then improved from 2022 to 2023 exceeding 2021 level. |
Area Asset Turnover: China
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Revenue | 3,293) | 9,844) | 9,998) | —) | —) |
Property, plant and equipment | 731) | 648) | 570) | —) | —) |
Area Activity Ratio | |||||
Area asset turnover1 | 4.50 | 15.19 | 17.54 | — | — |
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).
1 2023 Calculation
Area asset turnover = Revenue ÷ Property, plant and equipment
= 3,293 ÷ 731 = 4.50
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | China | China area asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Area Asset Turnover: Rest of Asia
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Revenue | 1,721) | 2,633) | 2,187) | 9,541) | 8,650) |
Property, plant and equipment | 1,433) | 896) | 722) | 1,005) | 1,046) |
Area Activity Ratio | |||||
Area asset turnover1 | 1.20 | 2.94 | 3.03 | 9.49 | 8.27 |
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).
1 2023 Calculation
Area asset turnover = Revenue ÷ Property, plant and equipment
= 1,721 ÷ 1,433 = 1.20
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | Rest of Asia | Rest of Asia area asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Area Asset Turnover: Europe, Middle East and Africa
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Revenue | 4,642) | 3,520) | 2,802) | 2,249) | 2,707) |
Property, plant and equipment | 68) | 44) | 47) | 52) | 63) |
Area Activity Ratio | |||||
Area asset turnover1 | 68.26 | 80.00 | 59.62 | 43.25 | 42.97 |
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).
1 2023 Calculation
Area asset turnover = Revenue ÷ Property, plant and equipment
= 4,642 ÷ 68 = 68.26
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | Europe, Middle East and Africa | Europe, Middle East and Africa area asset turnover ratio improved from 2021 to 2022 but then slightly deteriorated from 2022 to 2023 not reaching 2021 level. |
Area Asset Turnover: Japan
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Revenue | 1,782) | 1,172) | 959) | 734) | 796) |
Property, plant and equipment | 169) | 121) | 139) | 165) | 185) |
Area Activity Ratio | |||||
Area asset turnover1 | 10.54 | 9.69 | 6.90 | 4.45 | 4.30 |
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).
1 2023 Calculation
Area asset turnover = Revenue ÷ Property, plant and equipment
= 1,782 ÷ 169 = 10.54
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | Japan | Japan area asset turnover ratio improved from 2021 to 2022 and from 2022 to 2023. |
Area Asset Turnover: Rest of world
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
Selected Financial Data (US$ in millions) | |||||
Revenue | 267) | 592) | 492) | 390) | 403) |
Property, plant and equipment | 50) | 33) | 15) | 11) | 11) |
Area Activity Ratio | |||||
Area asset turnover1 | 5.34 | 17.94 | 32.80 | 35.45 | 36.64 |
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).
1 2023 Calculation
Area asset turnover = Revenue ÷ Property, plant and equipment
= 267 ÷ 50 = 5.34
Area activity ratio | Geographic area | The company |
---|---|---|
Area asset turnover | Rest of world | Rest of world area asset turnover ratio deteriorated from 2021 to 2022 and from 2022 to 2023. |
Revenue
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
United States | 5,814) | 2,267) | 1,906) | 1,547) | 1,827) |
China | 3,293) | 9,844) | 9,998) | —) | —) |
Rest of Asia | 1,721) | 2,633) | 2,187) | 9,541) | 8,650) |
Europe, Middle East and Africa | 4,642) | 3,520) | 2,802) | 2,249) | 2,707) |
Japan | 1,782) | 1,172) | 959) | 734) | 796) |
Rest of world | 267) | 592) | 492) | 390) | 403) |
Total | 17,519) | 20,028) | 18,344) | 14,461) | 14,383) |
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).
Property, plant and equipment
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
---|---|---|---|---|---|
United States | 7,548) | 5,134) | 3,648) | 2,036) | 1,998) |
China | 731) | 648) | 570) | —) | —) |
Rest of Asia | 1,433) | 896) | 722) | 1,005) | 1,046) |
Europe, Middle East and Africa | 68) | 44) | 47) | 52) | 63) |
Japan | 169) | 121) | 139) | 165) | 185) |
Rest of world | 50) | 33) | 15) | 11) | 11) |
Total | 9,999) | 6,876) | 5,141) | 3,269) | 3,303) |
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).