Txnm Energy Inc (TXNM) Interest Expenses (2009 - 2024)
Txnm Energy (TXNM) posted Interest Expenses of $55.83 million for Q2 2024, up 21.6% from $45.9 million a year earlier and up 3.8% from the prior quarter.
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Analysis
Txnm Energy Inc (TXNM) Interest Expenses (2009 - 2024) Analysis & Trends
For the trailing twelve months through Jun 30, 2024, Interest Expenses at Txnm Energy was $213.12 million, up 33.8% year-over-year; for FY2023, it was $190.36 million, up 48.8% from FY2022.
- Annual Interest Expenses shows a five-year compound annual growth rate of 8.4% (FY2018 to FY2023).
- In prior years, Txnm Energy's Interest Expenses was $127.91 million in FY2022 (+32.0%), $96.88 million in FY2021 (-15.3%), $114.39 million in FY2020 (-5.5%) and $121.02 million in FY2019 (-4.9%).
- The Q2 2024 figure stands as the highest quarterly Interest Expenses in data going back to Q2 2009.
- On a year-over-year basis, Interest Expenses has increased in each of the last ten quarters, with growth averaging 45.1% over the last eight quarters.
- The strongest year-over-year quarter for Interest Expenses in the past five years was Q4 2022, with growth of 60.6%; the weakest was Q2 2021, with a decline of 22.4%.
- According to Business Quant data, Interest Expenses for the three prior quarters was $53.76 million (Q1 2024), $53.7 million (Q4 2023) and $49.84 million (Q3 2023).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 55.83 Mn |
| Mar 31, 2024 | 53.76 Mn |
| Dec 31, 2023 | 53.70 Mn |
| Sep 30, 2023 | 49.84 Mn |
| Jun 30, 2023 | 45.90 Mn |
| Mar 31, 2023 | 40.92 Mn |
| Dec 31, 2022 | 37.95 Mn |
| Sep 30, 2022 | 34.53 Mn |
| Jun 30, 2022 | 29.22 Mn |
| Mar 31, 2022 | 26.22 Mn |
| Dec 31, 2021 | 23.63 Mn |
| Sep 30, 2021 | 23.24 Mn |
| Jun 30, 2021 | 24.12 Mn |
| Mar 31, 2021 | 25.88 Mn |
| Dec 31, 2020 | 25.61 Mn |
| Sep 30, 2020 | 27.26 Mn |
| Jun 30, 2020 | 31.09 Mn |
| Mar 31, 2020 | 30.43 Mn |
| Dec 31, 2019 | 29.23 Mn |
| Sep 30, 2019 | 30.36 Mn |
API Access
Txnm Energy Inc Interest Expenses 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=interest-expenses&ticker=TXNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();