Txnm Energy Inc (TXNM) Minority Interest (2009 - 2024)
Txnm Energy's (TXNM) quarterly Minority Interest came in at $48.9 million in Q2 2024, down 4.71% on a YoY basis from $51.4 million in Q3 2023, and little changed quarter-over-quarter from $49.0 million in Q1 2024.
Analysis
Txnm Energy Inc (TXNM) Minority Interest (2009 - 2024) Analysis & Trends
Txnm Energy (TXNM) has reported Minority Interest for 16 consecutive years, with $48.9 million the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Minority Interest fell 4.71% year-over-year to $48.9 million; the trailing twelve-month figure through Jun 2024 stood at $48.9 million (down 4.71% YoY), and the FY2023 full-year result was $50.0 million, down 5.73% from the prior year.
- Minority Interest steadied at $48.9 million in Q2 2024 per TXNM's latest filing, from $49.0 million in the prior quarter.
- Across five years, Minority Interest topped out at $60.3 million in Q1 2020 and bottomed at $48.9 million in Q2 2024.
- Historically, Minority Interest has averaged $54.6 million across 5 years, with a median of $54.2 million in 2022.
- The sharpest annual moves came in 2020 and 2023: Minority Interest slipped 7.63% in 2020, then decreased 3.05% in 2023.
- Over 5 years, Minority Interest stood at $59.0 million in 2020, then slipped by 6.11% to $55.4 million in 2021, then declined by 4.35% to $53.0 million in 2022, then declined by 5.73% to $50.0 million in 2023, then decreased by 2.05% to $48.9 million in 2024.
- According to Business Quant data, Minority Interest over the past three periods registered $48.9 million, $49.0 million, and $50.0 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 48.93 Mn |
| Mar 31, 2024 | 49.00 Mn |
| Dec 31, 2023 | 49.96 Mn |
| Sep 30, 2023 | 51.17 Mn |
| Jun 30, 2023 | 51.35 Mn |
| Mar 31, 2023 | 52.61 Mn |
| Dec 31, 2022 | 52.99 Mn |
| Sep 30, 2022 | 53.85 Mn |
| Jun 30, 2022 | 54.17 Mn |
| Mar 31, 2022 | 54.27 Mn |
| Dec 31, 2021 | 55.41 Mn |
| Sep 30, 2021 | 56.41 Mn |
| Jun 30, 2021 | 57.17 Mn |
| Mar 31, 2021 | 57.26 Mn |
| Dec 31, 2020 | 59.01 Mn |
| Sep 30, 2020 | 59.28 Mn |
| Jun 30, 2020 | 59.93 Mn |
| Mar 31, 2020 | 60.35 Mn |
| Dec 31, 2019 | 63.05 Mn |
| Sep 30, 2019 | 64.18 Mn |