Txnm Energy Inc (TXNM) Gross Margin (2017 - 2024)
Txnm Energy's (TXNM) quarterly Gross Margin came in at 94.96% in Q2 2024, up 3110.0% YoY from 2.96% in Q3 2023, and down 5.04% on a QoQ basis from 100.0% in Q1 2024.
Txnm Energy Inc (TXNM) Gross Margin (2017 - 2024) Analysis & Trends
Txnm Energy (TXNM) has 8 years of Gross Margin data on file, last reported at 94.96% in Q2 2024.
- Quarterly Gross Margin rose 3110.0% year-over-year to 94.96% in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 211.53% (down 30712.0% YoY) and the FY2023 annual result came in at 261.06%, down 36106.0% from the prior year.
- Gross Margin eased to 94.96% in Q2 2024, from 100.0% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 162.31% in Q4 2021 to a low of 63.86% in Q2 2023.
- A 5-year average of 92.99% and a median of 93.31% in 2021 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2021 — Gross Margin surged 6749 bps — and 2022, when it slumped 4630 bps.
- Tracing TXNM's Gross Margin over 5 years: stood at 94.82% in 2020, then jumped by 71 bps to 162.31% in 2021, then decreased by 29 bps to 116.02% in 2022, then plunged by 36 bps to 74.53% in 2023, then increased by 27 bps to 94.96% in 2024.
- The last three Gross Margin figures came in at 94.96% (Q2 2024), 100.0% (Q1 2024), and 74.53% (Q4 2023), per Business Quant data.
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Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 94.96% |
| Mar 31, 2024 | 100.00% |
| Dec 31, 2023 | 74.53% |
| Sep 30, 2023 | 65.53% |
| Jun 30, 2023 | 63.86% |
| Mar 31, 2023 | 95.89% |
| Dec 31, 2022 | 116.02% |
| Sep 30, 2022 | 100.00% |
| Jun 30, 2022 | 67.19% |
| Mar 31, 2022 | 93.34% |
| Dec 31, 2021 | 162.31% |
| Sep 30, 2021 | 93.28% |
| Jun 30, 2021 | 91.22% |
| Mar 31, 2021 | 97.69% |
| Dec 31, 2020 | 94.82% |
| Sep 30, 2020 | 93.16% |
| Jun 30, 2020 | 92.43% |
| Mar 31, 2020 | 77.66% |
| Dec 31, 2019 | 120.64% |
| Sep 30, 2019 | 80.42% |