Txnm Energy (TXNM) Capital Expenditures (2010 - 2026)
Txnm Energy's Capital Expenditures was $264.84 million in Q2 2026, down 0.5% from $266.18 million a year earlier and down 15.3% from the prior quarter.
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Analysis
Txnm Energy (TXNM) Capital Expenditures (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Txnm Energy's Capital Expenditures was $1.16 billion through Jun 30, 2026, down 8.6% year-over-year; for FY2025, it came in at $1.2 billion, down 4.1% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of 12.0% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $1.25 billion in FY2024 (+15.9%), $1.08 billion in FY2023 (+17.9%), $912.56 million in FY2022 (-2.4%) and $935.02 million in FY2021 (+37.7%).
- The Q2 2026 figure marks the lowest quarterly Capital Expenditures since Q1 2023.
- Compared with a year earlier, Capital Expenditures has declined for five straight quarters, with growth averaging 2.9% over the last eight quarters.
- The best year-over-year quarter for Capital Expenditures over five years was Q4 2021 (growth of 138.9%); the worst was Q4 2022 (a decline of 52.2%).
- Per Business Quant data, TXNM's Capital Expenditures in the three quarters before Q2 2026 was $312.72 million (Q1 2026), $309.81 million (Q4 2025) and $277.31 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | - |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 3.70 Bn |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 4.09 Bn |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 2.78 Bn |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 2.78 Bn |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 2.23 Bn |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 2.78 Bn |
| 10 | Txnm Energy | 6.49 Bn | 6.46 Bn | 384.42 Mn | 264.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 264.84 Mn |
| Mar 31, 2026 | 312.72 Mn |
| Dec 31, 2025 | 309.81 Mn |
| Sep 30, 2025 | 277.31 Mn |
| Jun 30, 2025 | 266.18 Mn |
| Mar 31, 2025 | 342.62 Mn |
| Dec 31, 2024 | 341.53 Mn |
| Sep 30, 2024 | 323.70 Mn |
| Jun 30, 2024 | 292.72 Mn |
| Mar 31, 2024 | 289.10 Mn |
| Dec 31, 2023 | 267.88 Mn |
| Sep 30, 2023 | 270.93 Mn |
| Jun 30, 2023 | 272.64 Mn |
| Mar 31, 2023 | 264.37 Mn |
| Dec 31, 2022 | 209.68 Mn |
| Sep 30, 2022 | 227.15 Mn |
| Jun 30, 2022 | 265.85 Mn |
| Mar 31, 2022 | 209.88 Mn |
| Dec 31, 2021 | 438.83 Mn |
| Sep 30, 2021 | 161.15 Mn |
API Access
Txnm Energy Capital Expenditures 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=capital-expenditures&ticker=TXNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "TXNM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();