Txnm Energy Inc (TXNM) Deferred Taxes (2010 - 2024)
Txnm Energy's Deferred Taxes was $8.45 million in Q2 2024, up 11.8% from $7.56 million a year earlier and up 21.8% from the prior quarter.
Txnm Energy Inc (TXNM) Deferred Taxes (2010 - 2024) Analysis & Trends
On a trailing twelve-month basis, Txnm Energy's Deferred Taxes was -$15.26 million through Jun 30, 2024; for FY2023, it was -$13.51 million.
- In earlier years, Deferred Taxes was $24.53 million in FY2022 (-20.2%), $30.75 million in FY2021 (+50.7%), $20.41 million in FY2020 and -$25.39 million in FY2019.
- The Q2 2024 figure marks the highest quarterly Deferred Taxes since Q1 2023.
- Compared with a year earlier, Deferred Taxes was higher in three of the last five quarters, with growth averaging 82.9%.
- The best year-over-year quarter for Deferred Taxes over five years was Q1 2023 (growth of 376.7%); the worst was Q2 2022 (a decline of 95.0%).
- Per Business Quant data, TXNM's Deferred Taxes in the three quarters before Q2 2024 was $6.94 million (Q1 2024), -$24.38 million (Q4 2023) and -$6.26 million (Q3 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 8.45 Mn |
| Mar 31, 2024 | 6.94 Mn |
| Dec 31, 2023 | -24.38 Mn |
| Sep 30, 2023 | -6.26 Mn |
| Jun 30, 2023 | 7.56 Mn |
| Mar 31, 2023 | 9.58 Mn |
| Dec 31, 2022 | 9.50 Mn |
| Sep 30, 2022 | 12.63 Mn |
| Jun 30, 2022 | 396,000.00 |
| Mar 31, 2022 | 2.01 Mn |
| Dec 31, 2021 | 5.45 Mn |
| Sep 30, 2021 | 15.93 Mn |
| Jun 30, 2021 | 7.92 Mn |
| Mar 31, 2021 | 1.45 Mn |
| Dec 31, 2020 | 6.60 Mn |
| Sep 30, 2020 | 11.72 Mn |
| Jun 30, 2020 | 3.91 Mn |
| Mar 31, 2020 | -1.83 Mn |
| Dec 31, 2019 | 7.84 Mn |
| Sep 30, 2019 | 8.71 Mn |
Txnm Energy Inc Deferred Taxes 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=deferred-taxes&ticker=TXNM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();