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Txnm Energy (TXNM) Gross Margin (2017 - 2024)

Txnm Energy's Gross Margin history spans 8 years, with the latest figure at 91.82% for Q2 2024.

  • For Q2 2024, Gross Margin rose 1982.0% year-over-year to 91.82%; the TTM value through Jun 2024 reached 638.78%, up 54881.0%, while the annual FY2023 figure was 100.0%, 655.0% up from the prior year.
  • Gross Margin reached 91.82% in Q2 2024 per TXNM's latest filing, up from 77.7% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 181.64% in Q4 2021 to a low of 60.86% in Q2 2022.
  • Average Gross Margin over 5 years is 93.42%, with a median of 93.18% recorded in 2022.
  • Peak YoY movement for Gross Margin: soared 5027bps in 2021, then tumbled -8803bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 131.37% in 2020, then surged by 38bps to 181.64% in 2021, then plummeted by -48bps to 93.61% in 2022, then grew by 7bps to 100.0% in 2023, then dropped by -8bps to 91.82% in 2024.
  • Per Business Quant, the three most recent readings for TXNM's Gross Margin are 91.82% (Q2 2024), 77.7% (Q1 2024), and 100.0% (Q4 2023).