Txnm Energy (TXNM) Net Margin (2016 - 2024)
Txnm Energy's Net Margin history spans 14 years, with the latest figure at 9.84% for Q2 2024.
- For Q2 2024, Net Margin rose 35.0% year-over-year to 9.84%; the TTM value through Jun 2024 reached 143.01%, down 15326.0%, while the annual FY2023 figure was 228.69%, 22116.0% up from the prior year.
- Net Margin reached 9.84% in Q2 2024 per TXNM's latest filing, down from 10.8% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 25.77% in Q3 2020 to a low of 4.57% in Q1 2020.
- Average Net Margin over 5 years is 8.92%, with a median of 8.48% recorded in 2023.
- The largest YoY upside for Net Margin was 3906bps in 2020 against a maximum downside of -992bps in 2020.
- A 5-year view of Net Margin shows it stood at 2.44% in 2020, then grew by 6bps to 2.58% in 2021, then increased by 6bps to 2.73% in 2022, then rose by 23bps to 3.37% in 2023, then surged by 192bps to 9.84% in 2024.
- Per Business Quant, the three most recent readings for TXNM's Net Margin are 9.84% (Q2 2024), 10.8% (Q1 2024), and 3.37% (Q4 2023).