Txnm Energy Inc (TXNM) Interest Expenses (2009 - 2024)
Txnm Energy's (TXNM) quarterly Interest Expenses came in at $55.8 million in Q2 2024, up 21.63% YoY from $45.9 million in Q3 2023, and up 3.84% on a QoQ basis from $53.8 million in Q1 2024.
Txnm Energy Inc (TXNM) Interest Expenses (2009 - 2024) Analysis & Trends
Txnm Energy (TXNM) has 16 years of Interest Expenses data on file, last reported at $55.8 million in Q2 2024.
- Quarterly Interest Expenses rose 21.63% year-over-year to $55.8 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $213.1 million (up 33.79% YoY) and the FY2023 annual result came in at $190.4 million, up 48.82% from the prior year.
- Interest Expenses rose to $55.8 million in Q2 2024, from $53.8 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $55.8 million in Q2 2024 to a low of $23.2 million in Q3 2021.
- A 5-year average of $35.7 million and a median of $30.8 million in 2020 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2020 — Interest Expenses decreased 27.45% — and 2023, when it soared 57.1%.
- Tracing TXNM's Interest Expenses over 5 years: stood at $25.6 million in 2020, then climbed by 5.1% to $26.9 million in 2021, then soared by 41.0% to $37.9 million in 2022, then jumped by 41.51% to $53.7 million in 2023, then rose by 3.97% to $55.8 million in 2024.
- The last three Interest Expenses figures came in at $55.8 million (Q2 2024), $53.8 million (Q1 2024), and $53.7 million (Q4 2023), per Business Quant data.
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Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 55.83 Mn |
| Jun 30, 2024 | 55.83 Mn |
| Mar 31, 2024 | 53.76 Mn |
| Mar 31, 2024 | 53.76 Mn |
| Dec 31, 2023 | 53.70 Mn |
| Dec 31, 2023 | 53.70 Mn |
| Sep 30, 2023 | 49.84 Mn |
| Sep 30, 2023 | 49.84 Mn |
| Jun 30, 2023 | 45.90 Mn |
| Jun 30, 2023 | 45.90 Mn |
| Mar 31, 2023 | 40.92 Mn |
| Mar 31, 2023 | 40.92 Mn |
| Dec 31, 2022 | 37.95 Mn |
| Dec 31, 2022 | 37.95 Mn |
| Sep 30, 2022 | 34.53 Mn |
| Sep 30, 2022 | 34.53 Mn |
| Jun 30, 2022 | 29.22 Mn |
| Jun 30, 2022 | 29.22 Mn |
| Mar 31, 2022 | 26.22 Mn |
| Mar 31, 2022 | 26.22 Mn |