Texas Instruments (TXN) Interest Coverage Ratio (2011 - 2026)
Texas Instruments' Interest Coverage Ratio came in at 16.38 for Q2 2026, up 39.4% from 11.75 a year earlier and up 27.8% from the prior quarter.
Texas Instruments (TXN) Interest Coverage Ratio (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Texas Instruments reported Interest Coverage Ratio of 12.86, up 15.4% year-over-year; for FY2025, it was 11.09, up 3.1% from FY2024.
- Going back by year, Interest Coverage Ratio was 10.76 in FY2024 (-48.2%), 20.77 in FY2023 (-56.2%), 47.38 in FY2022 (-2.7%) and 48.70 in FY2021 (+57.0%).
- The Q2 2026 figure represents the highest quarterly Interest Coverage Ratio since Q3 2023.
- Year-over-year, Interest Coverage Ratio increased in three of the last eight quarters, with growth averaging 0.9%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q3 2021 (growth of 56.0%), and the weakest in Q3 2023 (a decline of 61.8%).
- Business Quant data shows TXN's Interest Coverage Ratio at 12.82 (Q1 2026), 10.45 (Q4 2025) and 11.79 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,136.26 Bn | 4,910.42 Bn | 72.14 Bn | - |
| 2 | Taiwan Semiconductor Manufacturing | 2,136.54 Bn | 1,761.41 Bn | 27.22 Bn | 248.49 |
| 3 | Broadcom | 1,540.90 Bn | 1,466.94 Bn | 20.46 Bn | 20.51 |
| 4 | Micron Technology | 967.10 Bn | 872.74 Bn | 47.05 Bn | - |
| 5 | Advanced Micro Devices | 829.08 Bn | 785.83 Bn | 6.20 Bn | 53.78 |
| 6 | Asml Holding | 608.19 Bn | 563.87 Bn | 5.90 Bn | - |
| 7 | Intel | 435.73 Bn | 304.86 Bn | 6.51 Bn | - |
| 8 | Applied Materials | 298.50 Bn | 263.94 Bn | 4.59 Bn | 45.22 |
| 9 | Lam Research | 288.46 Bn | 265.26 Bn | 3.48 Bn | - |
| 10 | Texas Instruments | 256.17 Bn | 234.00 Bn | 3.35 Bn | 16.38 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.38 |
| Mar 31, 2026 | 12.82 |
| Dec 31, 2025 | 10.45 |
| Sep 30, 2025 | 11.79 |
| Jun 30, 2025 | 11.75 |
| Mar 31, 2025 | 10.34 |
| Dec 31, 2024 | 10.59 |
| Sep 30, 2024 | 11.86 |
| Jun 30, 2024 | 9.53 |
| Mar 31, 2024 | 11.09 |
| Dec 31, 2023 | 15.64 |
| Sep 30, 2023 | 19.31 |
| Jun 30, 2023 | 22.16 |
| Mar 31, 2023 | 28.44 |
| Dec 31, 2022 | 36.27 |
| Sep 30, 2022 | 50.53 |
| Jun 30, 2022 | 55.57 |
| Mar 31, 2022 | 49.29 |
| Dec 31, 2021 | 51.08 |
| Sep 30, 2021 | 51.22 |
Texas Instruments Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TXN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "TXN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TXN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();