Txnm Energy Inc (TXNM) Minority Interest (2009 - 2024)
Txnm Energy (TXNM) reported Minority Interest of $48.93 million for Q2 2024, down 4.7% from $51.35 million a year earlier and down 0.1% from the prior quarter.
Txnm Energy Inc (TXNM) Minority Interest (2009 - 2024) Analysis & Trends
At the end of FY2023, Txnm Energy posted Minority Interest of $49.96 million, down 5.7% from FY2022.
- Minority Interest has declined for 14 consecutive years, with a five-year compound annual growth rate of -4.9% (FY2018 to FY2023).
- By year, Minority Interest came in at $52.99 million in FY2022 (-4.4%), $55.41 million in FY2021 (-6.1%), $59.01 million in FY2020 (-6.4%) and $63.05 million in FY2019 (-1.8%).
- The Q2 2024 figure ranks as the lowest quarterly Minority Interest in data going back to Q4 2009.
- Year over year, Minority Interest has now declined in each of the last 51 quarters, with an average decline of 4.9% over the last eight quarters.
- Over the past five years, the year-over-year decline in Minority Interest ranged from 1.6% (Q3 2019) to 7.6% (Q3 2020).
- Per Business Quant data, the three quarters before Q2 2024 came in at $49 million (Q1 2024), $49.96 million (Q4 2023) and $51.17 million (Q3 2023).
Peer Comparison
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 |
Txnm Energy Inc Minority Interest 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=minority-interest&ticker=TXNM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();