Txnm Energy Inc (TXNM) Net Margin (2010 - 2024)

Txnm Energy (TXNM) has reported Net Margin for 11 consecutive years, with 9.84% the latest figure, recorded in Q2 2024.

• For the quarter ending Q2 2024, Net Margin rose 35.0% year-over-year to 9.84%; the trailing twelve-month figure through Jun 2024 stood at 4.49% (down 576.0% YoY), and the FY2023 full-year result was 4.53%, down 301.0% from the prior year.
• Net Margin declined to 9.84% in Q2 2024 per TXNM's latest filing, from 10.8% in the prior quarter.
• Across five years, Net Margin topped out at 25.77% in Q3 2020 and bottomed at 12.19% in Q4 2023.
• Historically, Net Margin has averaged 7.88% across 5 years, with a median of 8.48% in 2023.
• The sharpest annual moves came in 2020 and 2023: Net Margin soared 3906 bps in 2020, then sank 1492 bps in 2023.
• Over 5 years, Net Margin stood at 2.44% in 2020, then grew by 6 bps to 2.58% in 2021, then advanced by 6 bps to 2.73% in 2022, then slumped by 546 bps to 12.19% in 2023, then soared by 181 bps to 9.84% in 2024.
• According to Business Quant data, Net Margin over the past three periods registered 9.84%, 10.8%, and 12.19% for Q2 2024, Q1 2024, and Q4 2023 respectively.