Texas Instruments Incorporated (TXN)

Both firms have declining sales. Martin Whitman would suspect an industry slump or new disruptive entrants.

Positive EBIT growth while MU is negative. John Neff might see a substantial edge in operational management.

Positive operating income growth while MU is negative. John Neff might view this as a competitive edge in operations.

Positive net income growth while MU is negative. John Neff might see a big relative performance advantage.

Both companies exhibit negative EPS growth. Martin Whitman would consider sector-wide issues or an unsustainable business environment.

Both face negative diluted EPS growth. Martin Whitman would suspect an industry or cyclical slump with heightened share issuance across the board.

Both firms reduce share counts. Martin Whitman would compare buyback intensity relative to free cash flow generation.

Both reduce diluted shares. Martin Whitman would review each firm’s ability to continue repurchases and manage option issuance.

Dividend growth of 12.88% while MU is flat. Bruce Berkowitz would see if this can become a bigger advantage long term.

Both companies show negative FCF growth. Martin Whitman would consider an industry-wide capital spending surge or margin compression.

3Y dividend/share CAGR of 76.37% while MU is zero. Bruce Berkowitz sees a minor positive difference that could attract dividend-focused investors.

Both reduce receivables yoy. Martin Whitman suspects a shift in the entire niche’s credit approach or softer demand.

Inventory shrinking or stable vs. MU's 17.87%. David Dodd confirms the company’s supply-chain is more efficient if sales are unaffected.

Positive asset growth while MU is shrinking. John Neff sees potential for us to outgrow the competitor if returns are solid.

No Data available this quarter, please select a different quarter.

We cut SG&A while MU invests at 12.90%. Joel Greenblatt sees a short-term margin benefit but wonders if the competitor invests for future gains.