Txnm Energy Inc (TXNM) Gross Profit (2017 - 2024)
Txnm Energy's (TXNM) quarterly Gross Profit came in at $463.5 million in Q2 2024, up 52.12% YoY from $304.7 million in Q3 2023, and up 6.1% on a QoQ basis from $436.9 million in Q1 2024.
Txnm Energy Inc (TXNM) Gross Profit (2017 - 2024) Analysis & Trends
Txnm Energy (TXNM) has 8 years of Gross Profit data on file, last reported at $463.5 million in Q2 2024.
- Quarterly Gross Profit rose 52.12% year-over-year to $463.5 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $122.4 million (down 94.5% YoY) and the FY2023 annual result came in at -$100.2 million, down 104.46% from the prior year.
- Gross Profit climbed to $463.5 million in Q2 2024, from $436.9 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $729.9 million in Q3 2022 to a low of -$1.1 billion in Q4 2023.
- A 5-year average of $351.1 million and a median of $401.8 million in 2021 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2021 — Gross Profit jumped 106.82% — and 2023, when it slumped 266.08%.
- Tracing TXNM's Gross Profit over 5 years: stood at $340.7 million in 2020, then jumped by 106.82% to $704.6 million in 2021, then fell by 5.18% to $668.0 million in 2022, then tumbled by 266.08% to -$1.1 billion in 2023, then soared by 141.78% to $463.5 million in 2024.
- The last three Gross Profit figures came in at $463.5 million (Q2 2024), $436.9 million (Q1 2024), and -$1.1 billion (Q4 2023), per Business Quant data.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 463.52 Mn |
| Jun 30, 2024 | 463.52 Mn |
| Mar 31, 2024 | 436.88 Mn |
| Mar 31, 2024 | 436.88 Mn |
| Dec 31, 2023 | -1.11 Bn |
| Dec 31, 2023 | -1.11 Bn |
| Sep 30, 2023 | 331.49 Mn |
| Sep 30, 2023 | 331.49 Mn |
| Jun 30, 2023 | 304.70 Mn |
| Jun 30, 2023 | 304.70 Mn |
| Mar 31, 2023 | 521.72 Mn |
| Mar 31, 2023 | 521.72 Mn |
| Dec 31, 2022 | 668.04 Mn |
| Dec 31, 2022 | 668.04 Mn |
| Sep 30, 2022 | 729.89 Mn |
| Sep 30, 2022 | 729.89 Mn |
| Jun 30, 2022 | 335.77 Mn |
| Jun 30, 2022 | 335.77 Mn |
| Mar 31, 2022 | 414.52 Mn |
| Mar 31, 2022 | 414.52 Mn |