NXPI vs ON vs TXN Stock Comparison

NXP Semiconductors, On Semiconductor and Texas Instruments Prices as of Oct 27, 2026 Peers: Industry group
NXPI NXP Semiconductors N.V.
$253.50 +6.5% 1M +14.4% 1Y
Market cap
$61.97B
P/E
19.2x
Revenue (TTM)
$13.80B
Div. yield
0.02%
Semiconductor Manufacturing Technology
2 wins
ON On Semiconductor Corp
$78.67 +1.9% 1M +49.3% 1Y
Market cap
$29.26B
P/E
46.4x
Revenue (TTM)
$6.20B
Div. yield
–
Semiconductor Manufacturing Technology
2 wins
TXN Texas Instruments Inc
$308.91 +11.1% 1M +82.3% 1Y
Market cap
$279.85B
P/E
39.6x
Revenue (TTM)
$20.77B
Div. yield
–
Semiconductor Manufacturing Technology
7 wins

Head to Head

11 decided of 12

Texas Instruments leads on 7 of the 12 questions below (Texas Instruments 7, NXP Semiconductors 2, On Semiconductor 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNXPIONTXNLeader
Larger companyMarket capitalisation $61.97B $29.26B $279.85B TXN
Cheaper on earningsLower P/E, profitable companies only 19.2x 46.4x 39.6x NXPI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 16.2x 23.6x 36.0x NXPI
Faster revenue growthRevenue growth, trailing twelve months +14.6% -3.1% +20.3% TXN
More profitableNet margin, trailing twelve months 23.4% 10.2% 34.1% TXN
Better return on capitalReturn on invested capital 15.8% 5.4% 22.9% TXN
Less leveragedLower net debt / EBITDA 1.3x 0.4x 0.5x ON
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +14.4% +49.3% +82.3% TXN
Better 5-year returnAnnualised price return, 5 years +4.9%/yr +10.8%/yr +10.5%/yr ON
Less volatileAnnualised volatility, 1 year 47.9% 63.1% 41.9% TXN
Higher overall scoreMean of the five percentile scores vs peers 61/100 59/100 69/100 TXN

Percentile Scorecard

NXPIONTXN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNXPIONTXN
Valuation 82 #18 of 94 81 #19 of 94 56 #42 of 94
Growth 67 #31 of 92 19 #75 of 92 71 #27 of 92
Profitability 83 #16 of 90 63 #34 of 90 98 #3 of 90
Financial Health 7 #92 of 99 33 #67 of 99 42 #58 of 99
Shareholder Returns 65 #26 of 73 99 #2 of 73 76 #18 of 73
Overall 61 59 69
  • NXPI ranked among 103 companies in Semiconductors
  • ON ranked among 103 companies in Semiconductors
  • TXN ranked among 103 companies in Semiconductors

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNXPIONTXNSPY
1 month +6.5%+1.9%+11.1% -0.2%
3 months -2.2%-6.8%+11.5% +3.9%
6 months +10.0%-15.7%+16.6% +8.2%
Year to date +16.8%+45.3%+78.1% +12.9%
1 year +14.4%+49.3%+82.3% +12.3%
3 years +41.5%-5.8%+115.8% +87.4%
3 years, per year +12.3%-2.0%+29.3% +23.3%
5 years +26.8%+67.0%+64.4% +67.9%
5 years, per year +4.9%+10.8%+10.5% +10.9%
10 years +155.9%+575.9%+336.7% +261.1%
10 years, per year +9.9%+21.1%+15.9% +13.7%

Risk

MeasureNXPIONTXNSPY
Volatility, 1Y 47.9%63.1%41.9% 12.7%
Downside volatility, 1Y 41.9%66.4%35.4% 12.7%
Beta vs S&P 500, 1Y 1.772.641.49 1.00
Return / volatility, 1Y 0.300.781.96 0.97
Max drawdown, 5Y -47.2%-70.4%-33.9% -25.4%
From 52-week high -23.8%-41.3%-7.0% -1.2%
52-week high $332.67$133.93$332.28 $779.14
52-week low $184.19$44.90$153.33 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNXPIONTXN
P/E now vs peer median 19.8xmedian 45.6x 48.7xmedian 45.6x 39.9xmedian 45.6x
P/S now vs peer median 4.6xmedian 7.7x 4.9xmedian 7.7x 13.6xmedian 7.7x
EV/EBITDA now vs peer median 13.3xmedian 29.0x 21.2xmedian 29.0x 26.8xmedian 29.0x
P/FCF now vs peer median 18.2xmedian 40.6x 20.4xmedian 40.6x 38.6xmedian 40.6x
P/B now vs peer median 5.1xmedian 4.6x 4.2xmedian 4.6x 14.7xmedian 4.6x
PEG now vs peer median 3.55median 2.28 -1.68median 2.28 -269.15median 2.28

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNXPIONTXN
Revenue $13.80B $6.20B $20.77B
Gross profit $7.79B $2.34B $12.51B
Operating income $4.55B $669.70M $8.47B
Net income $3.28B $633.80M $7.11B
Free cash flow $3.50B $1.50B $7.32B
R&D $2.47B $560.80M $2.10B
EPS (diluted) $12.72 $1.56 $7.68
Cash & equivalents $3.94B $3.51B $4.21B
Total debt $10.98B $4.46B $13.56B
Shares (diluted) 253.83M 404.40M 921.00M
Enterprise value $47.83B $17.58B $254.72B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNXPIONTXN
P/E 19.8x 48.7x 39.9x
P/FCF 18.2x 20.4x 38.6x
P/Operating cash flow 16.8x 18.3x 28.5x
P/S 4.6x 4.9x 13.6x
P/B 5.1x 4.2x 14.7x
P/Tangible book 5.8x 4.4x 14.9x
EV/EBITDA 13.3x 21.2x 26.8x
EV/EBIT 15.6x 46.6x 34.0x
EV/Revenue 5.1x 5.0x 13.9x
EV/FCF 20.2x 20.8x 39.3x
EV/Operating cash flow 18.7x 18.7x 29.1x
PEG (3Y EPS CAGR) 3.55 -1.68 -269.15

Growth

14 metrics
MetricNXPIONTXN
Revenue growth (1Y) 14.6% -3.1% 20.3%
Revenue CAGR (3Y) 1.6% -9.5% 4.7%
Gross profit growth (1Y) 18.2% -3.6% 26.0%
Gross profit CAGR (3Y) 1.2% -16.3% 2.3%
Operating income growth (1Y) 52.7% 41.4% 42.8%
Operating income CAGR (3Y) 6.8% -34.4% 2.0%
Net income growth (1Y) 55.9% 35.4% 41.0%
Net income CAGR (3Y) 4.8% -31.3% 0.1%
EPS growth (1Y) 56.9% 38.8% 39.9%
EPS CAGR (3Y) 5.6% -29.0% -0.1%
Operating cash flow growth (1Y) 63.8% -8.7% 43.5%
Operating cash flow CAGR (3Y) 3.3% -12.9% 14.8%
Free cash flow growth (1Y) 85.2% 16.6% 251.8%
Free cash flow CAGR (3Y) 10.9% 9.8% 64.4%

Profitability

14 metrics
MetricNXPIONTXN
Gross margin 56.4% 37.7% 60.2%
EBITDA margin 38.6% 23.7% 51.7%
Operating margin 33.0% 10.8% 40.8%
Pretax margin 30.1% 11.6% 39.1%
Net margin 23.4% 10.2% 34.1%
FCF margin 25.4% 24.2% 35.2%
Operating cash flow margin 27.5% 27.0% 47.7%
Return on equity 27.1% 8.7% 38.3%
Return on assets 12.1% 5.0% 19.6%
Return on invested capital 15.8% 5.4% 22.9%
Return on capital employed 19.6% 6.3% 25.4%
Asset turnover 0.5x 0.5x 0.6x
Cash conversion (OCF / net income) 1.2x 2.6x 1.4x
Stock comp / revenue 3.1% 2.4% 2.0%

Financial Health

11 metrics
MetricNXPIONTXN
Debt / assets 39.8% 33.1% 36.8%
Debt / equity 0.9x 0.6x 0.7x
Net debt / EBITDA 1.3x 0.4x 0.5x
Debt / FCF 3.1x 3.0x 1.9x
Liabilities / assets 54.8% 46.3% 47.9%
Equity / assets 45.2% 53.7% 52.1%
Interest coverage – 10.9x 15.0x
Current ratio 2.1x 3.5x 5.6x
Quick ratio 1.3x 2.3x 3.6x
Cash ratio 1.0x 1.8x 2.7x
Altman Z-score 3.80 4.90 13.43

Shareholder Returns

7 metrics
MetricNXPIONTXN
Dividend yield 1.6% – 1.8%
Net buyback yield 0.9% 3.8% -0.1%
Shareholder yield 2.5% 3.8% 1.8%
Payout ratio (earnings) 31.1% – –
Payout ratio (FCF) 29.2% – –
Dividend growth (1Y) -0.7% – –
Dividend CAGR (3Y) 1.9% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNXPIONTXN
Forward P/E 16.2xFY2026 23.6xFY2026 36.0xFY2026
EPS, next fiscal year $15.67FY2026 $3.34FY2026 $8.57FY2026
EPS growth, next FY +32.7%FY2026 +42.1%FY2026 +57.2%FY2026
EPS growth, the year after +19.5% +30.5% +28.2%
Revenue, next fiscal year $13.40BFY2026 $6.21BFY2026 $23.00BFY2026
Revenue growth, next FY +9.2%FY2026 +3.5%FY2026 +30.1%FY2026
Revenue growth, the year after +23.7% +26.9% +8.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNXPIONTXN
Held by institutions 95.1% 100.0% 89.1%
Institutions holding 1,253 998 2,865
Change in shares held, QoQ +1.9% -1.0% +3.6%
Institutions buying 663 552 1,586
Institutions selling 416 334 942
Buyers to sellers 1.59 1.65 1.68

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NXPIONTXN
NXPI 1.00 0.72 0.70
ON 0.72 1.00 0.76
TXN 0.70 0.76 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NXPI, ON and TXN?

Texas Instruments (TXN) is the largest by market capitalisation: NXP Semiconductors (NXPI) $61.97B, On Semiconductor (ON) $29.26B, Texas Instruments (TXN) $279.85B.

Which stock is cheaper, NXPI, ON and TXN?

NXP Semiconductors (NXPI) trades on the lowest price-to-earnings ratio (NXP Semiconductors (NXPI) 19.2x, On Semiconductor (ON) 46.4x, Texas Instruments (TXN) 39.6x). On next year's consensus earnings, NXP Semiconductors (NXPI) is cheapest (NXP Semiconductors (NXPI) 16.2x, On Semiconductor (ON) 23.6x, Texas Instruments (TXN) 36.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Texas Instruments (TXN) grew revenue fastest over the trailing twelve months: NXP Semiconductors (NXPI) +14.6%, On Semiconductor (ON) -3.1%, Texas Instruments (TXN) +20.3%.

Which company is more profitable?

Texas Instruments (TXN) has the highest net margin (NXP Semiconductors (NXPI) 23.4%, On Semiconductor (ON) 10.2%, Texas Instruments (TXN) 34.1%). On return on invested capital, Texas Instruments (TXN) leads (NXP Semiconductors (NXPI) 15.8%, On Semiconductor (ON) 5.4%, Texas Instruments (TXN) 22.9%).

Which stock has performed better?

Over the past year Texas Instruments (TXN) returned the most: NXP Semiconductors (NXPI) +14.4%, On Semiconductor (ON) +49.3%, Texas Instruments (TXN) +82.3%. Over five years, On Semiconductor (ON) compounded fastest (NXP Semiconductors (NXPI) +4.9%/yr, On Semiconductor (ON) +10.8%/yr, Texas Instruments (TXN) +10.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: NXP Semiconductors (NXPI) 0.02%, On Semiconductor (ON) 0.00%, Texas Instruments (TXN) 0.00%. On Semiconductor (ON) and Texas Instruments (TXN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Texas Instruments (TXN) has been the steadiest (NXP Semiconductors (NXPI) 47.9%, On Semiconductor (ON) 63.1%, Texas Instruments (TXN) 41.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NXPI, ON and TXN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Texas Instruments (TXN) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.