Txnm Energy Inc (TXNM) Construction in Progress (2009 - 2024)

Txnm Energy (TXNM) has reported Construction in Progress for 16 consecutive years, with $727.1 million the latest figure, recorded in Q2 2024.

• For the quarter ending Q2 2024, Construction in Progress rose 22.41% year-over-year to $727.1 million; the trailing twelve-month figure through Jun 2024 stood at $727.1 million (up 22.41% YoY), and the FY2023 full-year result was $589.8 million, up 58.14% from the prior year.
• Construction in Progress climbed to $727.1 million in Q2 2024 per TXNM's latest filing, from $693.5 million in the prior quarter.
• Across five years, Construction in Progress topped out at $727.1 million in Q2 2024 and bottomed at $218.7 million in Q4 2020.
• Historically, Construction in Progress has averaged $427.7 million across 5 years, with a median of $376.4 million in 2020.
• The sharpest annual moves came in 2021 and 2023: Construction in Progress decreased 7.83% in 2021, then surged 58.14% in 2023.
• Over 5 years, Construction in Progress stood at $218.7 million in 2020, then advanced by 13.78% to $248.9 million in 2021, then surged by 49.88% to $373.0 million in 2022, then surged by 58.14% to $589.8 million in 2023, then grew by 23.28% to $727.1 million in 2024.
• According to Business Quant data, Construction in Progress over the past three periods registered $727.1 million, $693.5 million, and $589.8 million for Q2 2024, Q1 2024, and Q4 2023 respectively.