Texas Instruments Incorporated (TXN) — Capital Reinvestment Ratio
Texas Instruments Incorporated (TXN) has a Capital Reinvestment Ratio of 0.19x as of June 2026, meaning it reinvests 0% of its operating cash flow ($2.70 Billion) in capital expenditures ($514.00 Million). Check TXN tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Texas Instruments Incorporated Capital Reinvestment Ratio (1989–2025)
This chart tracks Texas Instruments Incorporated's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see Texas Instruments Incorporated cash conversion from operations.
Annual Capital Reinvestment Ratio for Texas Instruments Incorporated (1989–2025)
Year-by-year Capital Reinvestment Ratio for Texas Instruments Incorporated from 1989 to 2025. See TXN free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.64x | $7.15 Billion | $4.55 Billion | ▼ -16.6% |
| 2024 | 0.76x | $6.32 Billion | $4.82 Billion | ▼ -3.4% |
| 2023 | 0.79x | $6.42 Billion | $5.07 Billion | ▲ +146.3% |
| 2022 | 0.32x | $8.72 Billion | $2.80 Billion | ▲ +14.1% |
| 2021 | 0.28x | $8.76 Billion | $2.46 Billion | ▲ +166.0% |
| 2020 | 0.11x | $6.14 Billion | $649.00 Million | ▼ -17.0% |
| 2019 | 0.13x | $6.65 Billion | $847.00 Million | ▼ -19.0% |
| 2018 | 0.16x | $7.19 Billion | $1.13 Billion | ▲ +21.4% |
| 2017 | 0.13x | $5.36 Billion | $695.00 Million | ▲ +12.6% |
| 2016 | 0.12x | $4.61 Billion | $531.00 Million | ▼ -10.9% |
| 2015 | 0.13x | $4.27 Billion | $551.00 Million | ▲ +30.5% |
| 2014 | 0.10x | $3.89 Billion | $385.00 Million | ▼ -18.8% |
| 2013 | 0.12x | $3.38 Billion | $412.00 Million | ▼ -16.0% |
| 2012 | 0.14x | $3.41 Billion | $495.00 Million | ▼ -42.1% |
| 2011 | 0.25x | $3.26 Billion | $816.00 Million | ▼ -20.2% |
| 2010 | 0.31x | $3.82 Billion | $1.20 Billion | ▲ +10.2% |
| 2009 | 0.28x | $2.64 Billion | $753.00 Million | ▲ +24.3% |
| 2008 | 0.23x | $3.33 Billion | $763.00 Million | ▲ +47.2% |
| 2007 | 0.16x | $4.41 Billion | $686.00 Million | ▼ -69.9% |
| 2006 | 0.52x | $2.46 Billion | $1.27 Billion | ▲ +46.6% |
| 2005 | 0.35x | $3.77 Billion | $1.33 Billion | ▼ -14.5% |
| 2004 | 0.41x | $3.15 Billion | $1.30 Billion | ▲ +10.9% |
| 2003 | 0.37x | $2.15 Billion | $800.00 Million | ▼ -7.6% |
| 2002 | 0.40x | $1.99 Billion | $802.00 Million | ▼ -59.1% |
| 2001 | 0.98x | $1.82 Billion | $1.79 Billion | ▼ -22.2% |
| 2000 | 1.26x | $2.19 Billion | $2.76 Billion | ▲ +117.0% |
| 1999 | 0.58x | $2.36 Billion | $1.37 Billion | ▼ -29.3% |
| 1998 | 0.82x | $1.25 Billion | $1.03 Billion | ▲ +27.5% |
| 1997 | 0.65x | $1.92 Billion | $1.24 Billion | ▼ -72.3% |
| 1996 | 2.33x | $884.00 Million | $2.06 Billion | ▲ +170.3% |
| 1995 | 0.86x | $1.67 Billion | $1.44 Billion | ▲ +22.9% |
| 1994 | 0.70x | $1.53 Billion | $1.08 Billion | ▼ -10.1% |
| 1993 | 0.78x | $934.00 Million | $730.00 Million | ▲ +45.9% |
| 1992 | 0.54x | $801.00 Million | $429.00 Million | ▼ -55.7% |
| 1991 | 1.21x | $417.00 Million | $504.00 Million | ▼ -7.7% |
| 1990 | 1.31x | $694.00 Million | $909.00 Million | ▲ +21.3% |
| 1989 | 1.08x | $798.50 Million | $862.50 Million | — |