Txnm Energy Inc (TXNM) Gross Profit (2017 - 2024)
Txnm Energy's Gross Profit came in at $333.4 million for Q2 2024, up 9.4% from $304.7 million a year earlier and up 9.5% from the prior quarter.
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Analysis
Txnm Energy Inc (TXNM) Gross Profit (2017 - 2024) Analysis & Trends
Over the trailing twelve months to Jun 30, 2024, Txnm Energy reported Gross Profit of $1.17 billion, down 9.4% year-over-year; for FY2023, it was $1.14 billion, down 9.9% from FY2022.
- Gross Profit carries a five-year compound annual growth rate of 5.1% (FY2018 to FY2023).
- Going back by year, Gross Profit was $1.26 billion in FY2022 (+11.2%), $1.14 billion in FY2021 (+5.5%), $1.08 billion in FY2020 (+3.0%) and $1.04 billion in FY2019 (+17.7%).
- The Q2 2024 figure represents the highest quarterly Gross Profit since Q3 2022.
- Year-over-year, Gross Profit increased in six of the last eight quarters, with an average decline of 0.1%.
- The fastest year-over-year change in Gross Profit over five years came in Q4 2019 (growth of 79.9%), and the weakest in Q3 2023 (a decline of 25.3%).
- Business Quant data shows TXNM's Gross Profit at $304.57 million (Q1 2024), $234.3 million (Q4 2023) and $295.54 million (Q3 2023) in the three quarters before Q2 2024.
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 333.40 Mn |
| Mar 31, 2024 | 304.57 Mn |
| Dec 31, 2023 | 234.30 Mn |
| Sep 30, 2023 | 295.54 Mn |
| Jun 30, 2023 | 304.70 Mn |
| Mar 31, 2023 | 302.39 Mn |
| Dec 31, 2022 | 286.23 Mn |
| Sep 30, 2022 | 395.55 Mn |
| Jun 30, 2022 | 304.13 Mn |
| Mar 31, 2022 | 275.70 Mn |
| Dec 31, 2021 | 256.67 Mn |
| Sep 30, 2021 | 355.17 Mn |
| Jun 30, 2021 | 273.86 Mn |
| Mar 31, 2021 | 344.71 Mn |
| Dec 31, 2020 | 336.71 Mn |
| Sep 30, 2020 | 307.33 Mn |
| Jun 30, 2020 | 230.44 Mn |
| Mar 31, 2020 | 201.29 Mn |
| Dec 31, 2019 | 354.33 Mn |
| Sep 30, 2019 | 293.97 Mn |
API Access
Txnm Energy Inc Gross Profit 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=gross-profit&ticker=TXNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();