Txnm Energy Inc (TXNM) Long-Term Investments (2009 - 2024)
Txnm Energy (TXNM) recorded Long-Term Investments of $468.58 million in Q2 2024, down 17.6% from $568.86 million a year earlier and down 1.6% from the prior quarter.
Txnm Energy Inc (TXNM) Long-Term Investments (2009 - 2024) Analysis & Trends
At the end of FY2023, Txnm Energy reported Long-Term Investments of $593.52 million, up 10.9% from FY2022.
- Annual Long-Term Investments has a five-year compound annual growth rate of 10.6% (FY2018 to FY2023).
- Across earlier years, Long-Term Investments came in at $535.11 million in FY2022 (-7.4%), $577.99 million in FY2021 (+4.1%), $555.13 million in FY2020 (+18.9%) and $466.81 million in FY2019 (+30.2%).
- The Q2 2024 figure is the lowest quarterly Long-Term Investments since Q1 2020.
- On a year-over-year basis, Long-Term Investments rose in four of the last eight quarters, with an average decline of 1.4%.
- Peak year-over-year performance for Long-Term Investments in the last five years was growth of 30.2% in Q4 2019, against a decline of 17.6% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $476.38 million (Q1 2024), $593.52 million (Q4 2023) and $569.7 million (Q3 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 468.58 Mn |
| Mar 31, 2024 | 476.38 Mn |
| Dec 31, 2023 | 593.52 Mn |
| Sep 30, 2023 | 569.70 Mn |
| Jun 30, 2023 | 568.86 Mn |
| Mar 31, 2023 | 562.50 Mn |
| Dec 31, 2022 | 535.11 Mn |
| Sep 30, 2022 | 493.30 Mn |
| Jun 30, 2022 | 502.72 Mn |
| Mar 31, 2022 | 545.04 Mn |
| Dec 31, 2021 | 577.99 Mn |
| Sep 30, 2021 | 570.17 Mn |
| Jun 30, 2021 | 565.87 Mn |
| Mar 31, 2021 | 548.86 Mn |
| Dec 31, 2020 | 555.13 Mn |
| Sep 30, 2020 | 521.35 Mn |
| Jun 30, 2020 | 493.50 Mn |
| Mar 31, 2020 | 444.88 Mn |
| Dec 31, 2019 | 466.81 Mn |
| Sep 30, 2019 | 435.97 Mn |
Txnm Energy Inc Long-Term Investments 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=long-term-investments&ticker=TXNM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-investments", "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=long-term-investments&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();