Txnm Energy Inc (TXNM) EBIT Margin (2010 - 2024)
Txnm Energy (TXNM) posted EBIT Margin of 21.65% for Q2 2024, up 2.30 percentage points from 19.35% a year earlier and up 3.20 percentage points from the prior quarter.
Powered by 
Analysis
Txnm Energy Inc (TXNM) EBIT Margin (2010 - 2024) Analysis & Trends
For the trailing twelve months through Jun 30, 2024, EBIT Margin at Txnm Energy was 12.27%, down 6.24 percentage points year-over-year; for FY2023, it was 11.93%, down 5.57 percentage points from FY2022.
- Annual EBIT Margin shows a five-year change of -4.50 percentage points (FY2018 to FY2023).
- In prior years, Txnm Energy's EBIT Margin was 17.50% in FY2022 (+0.19 pp), 17.31% in FY2021 (-1.42 pp), 18.73% in FY2020 (+8.84 pp) and 9.89% in FY2019 (-6.54 pp).
- The Q2 2024 figure stands as the highest quarterly EBIT Margin since Q3 2022.
- On a year-over-year basis, EBIT Margin increased in five of the last eight quarters, with an average year-over-year change of -2.89 percentage points.
- The strongest year-over-year quarter for EBIT Margin in the past five years was Q2 2020, with a gain of 48.24 percentage points; the weakest was Q4 2023, with a drop of 21.16 percentage points.
- According to Business Quant data, EBIT Margin for the three prior quarters was 18.45% (Q1 2024), -11.34% (Q4 2023) and 17.13% (Q3 2023).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 21.65% |
| Mar 31, 2024 | 18.45% |
| Dec 31, 2023 | -11.34% |
| Sep 30, 2023 | 17.13% |
| Jun 30, 2023 | 19.35% |
| Mar 31, 2023 | 18.21% |
| Dec 31, 2022 | 9.82% |
| Sep 30, 2022 | 25.04% |
| Jun 30, 2022 | 17.29% |
| Mar 31, 2022 | 15.33% |
| Dec 31, 2021 | 9.00% |
| Sep 30, 2021 | 27.36% |
| Jun 30, 2021 | 17.40% |
| Mar 31, 2021 | 11.84% |
| Dec 31, 2020 | 5.17% |
| Sep 30, 2020 | 31.28% |
| Jun 30, 2020 | 19.89% |
| Mar 31, 2020 | 14.31% |
| Dec 31, 2019 | 17.59% |
| Sep 30, 2019 | 32.41% |
API Access
Txnm Energy Inc EBIT Margin 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=ebit-margin&ticker=TXNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();