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Texas Instruments TXN Current ratio

Current ratio at other companies

Analog Devices logo
Analog DevicesADI
1.8×-0.3×
Semtech logo
SemtechSMTC
2.4×-0.2×
Vicor logo
VicorVICR
14.3×+7.9×
Microchip Technology logo
Microchip TechnologyMCHP
2.1×-0.5×
Rambus logo
RambusRMBS
9.8×-0.3×
ON Semiconductor logo
ON SemiconductorON
4.9×-0.1×

Other financials

Income statement

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Revenue$4.8B+18.6%
Gross profit$2.8B+21.0%
Operating income$1.8B+36.6%
Net income$1.5B+31.0%
EPS (diluted)$1.68+31.3%

Balance sheet

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Cash & equivalents$3.5B+28.4%
Total debt$14.1B+9.4%
Total equity$16.8B+2.3%
Total assets$34.4B+1.9%

Cash flow

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Operating cash flow$1.5B+79.0%
CapEx$676.0M-39.8%
Free cash flow$844.0M+408%

Valuation

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Market cap$274.74B+8.1%
Enterprise value$285.24B+7.9%
P/E51.2×-1.0×
P/S14.9×-0.9×

Profitability

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Gross margin57.3%-0.7pp
Operating margin35.3%+1.0pp
Net margin29.1%-1.3pp

Returns & leverage

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Return on equity32.3%+3.2pp
Debt / equity0.8×+0.1×

Where this comes from

Calculated from Texas Instruments’s reported figures.

Based on the most recent quarter.

The official record: Texas Instruments’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Texas Instruments's current ratio?
Texas Instruments (TXN) reported current ratio of 4.5× in Q1 2026.
How has Texas Instruments's current ratio changed year-over-year?
Texas Instruments's current ratio decreased by 15.2% year-over-year, from 5.3× to 4.5×.
What is the long-term trend for Texas Instruments's current ratio?
Over 4 years (2021 to 2025), Texas Instruments's current ratio has grown at a -2.7% compound annual growth rate (CAGR), from 22.2× to 19.9×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.