Txnm Energy Inc (TXNM) Deferred Taxes (2010 - 2024)

Txnm Energy (TXNM) has reported Deferred Taxes for 15 consecutive years, with $8.4 million the latest figure, recorded in Q2 2024.

• For the quarter ending Q2 2024, Deferred Taxes rose 11.83% year-over-year to $8.4 million; the trailing twelve-month figure through Jun 2024 stood at -$15.3 million (down 138.86% YoY), and the FY2023 full-year result was -$13.5 million, down 155.06% from the prior year.
• Deferred Taxes grew to $8.4 million in Q2 2024 per TXNM's latest filing, from $6.9 million in the prior quarter.
• Across five years, Deferred Taxes topped out at $15.9 million in Q3 2021 and bottomed at -$24.4 million in Q4 2023.
• Historically, Deferred Taxes has averaged $4.3 million across 5 years, with a median of $6.8 million in 2020.
• The widest YoY moves for Deferred Taxes: up 1808.08% in 2023, down 356.74% in 2023.
• Over 5 years, Deferred Taxes stood at $6.6 million in 2020, then fell by 17.38% to $5.5 million in 2021, then soared by 74.13% to $9.5 million in 2022, then sank by 356.74% to -$24.4 million in 2023, then soared by 134.66% to $8.4 million in 2024.
• According to Business Quant data, Deferred Taxes over the past three periods registered $8.4 million, $6.9 million, and -$24.4 million for Q2 2024, Q1 2024, and Q4 2023 respectively.