Txnm Energy Inc (TXNM) Gross Margin (2017 - 2024)
Txnm Energy posted quarterly Gross Margin of 91.82% for Q2 2024, down 818.0% year-on-year from 12.79% in Q3 2023, and up 18.17% on a QoQ basis from 77.7% in Q1 2024.
Txnm Energy (TXNM) has 8 years of Gross Margin data on file, last reported at 91.82% in Q2 2024.
- For the quarter ending Q2 2024, Gross Margin fell 818.0% year-over-year to 91.82%; the trailing twelve-month figure through Jun 2024 stood at 522.41% (down 56132.0% YoY), and the FY2023 full-year result was 100.0%, up 4392.0% from the prior year.
- Gross Margin for Q2 2024 stood at 91.82%, up from 77.7% in the prior quarter.
- Across five years, Gross Margin topped out at 165.84% in Q4 2021 and bottomed at 52.38% in Q4 2022.
- The 5-year median for Gross Margin is 79.36% (2024), against an average of 78.07%.
- The widest annual swing landed in 2022, when Gross Margin tumbled 21822 bps; it then soared 11759 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 88.9% in 2020, then jumped by 87 bps to 165.84% in 2021, then plunged by 132 bps to 52.38% in 2022, then jumped by 225 bps to 65.22% in 2023, then surged by 41 bps to 91.82% in 2024.
- The last three Gross Margin figures came in at 91.82% (Q2 2024), 77.7% (Q1 2024), and 65.22% (Q4 2023), per Business Quant data.
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 91.82% |
| Mar 31, 2024 | 77.70% |
| Dec 31, 2023 | 65.22% |
| Sep 30, 2023 | 95.97% |
| Jun 30, 2023 | 100.00% |
| Mar 31, 2023 | 61.43% |
| Dec 31, 2022 | -52.38% |
| Sep 30, 2022 | 54.19% |
| Jun 30, 2022 | 100.00% |
| Mar 31, 2022 | 68.74% |
| Dec 31, 2021 | 165.84% |
| Sep 30, 2021 | 64.53% |
| Jun 30, 2021 | 89.85% |
| Mar 31, 2021 | 97.69% |
| Dec 31, 2020 | 88.90% |
| Sep 30, 2020 | 77.08% |
| Jun 30, 2020 | 81.02% |
| Mar 31, 2020 | 77.66% |
| Dec 31, 2019 | 90.21% |
| Sep 30, 2019 | 92.88% |
| Jun 30, 2019 | 87.01% |
| Mar 31, 2019 | 71.59% |
| Dec 31, 2018 | 75.42% |
| Sep 30, 2018 | 78.14% |
| Jun 30, 2018 | 81.16% |
| Mar 31, 2018 | 77.73% |
| Dec 31, 2017 | 103.71% |
| Sep 30, 2017 | 94.91% |
| Jun 30, 2017 | 71.22% |
| Mar 31, 2017 | -30.76% |