Growth Metrics

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

Txnm Energy posted quarterly Net Margin of 9.84% for Q2 2024, up 35.0% year-on-year from 7.29% in Q3 2023, and down 8.87% on a QoQ basis from 10.8% in Q1 2024.

Txnm Energy (TXNM) has 11 years of Net Margin data on file, last reported at 9.84% 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 143.01% (down 15326.0% YoY), and the FY2023 full-year result was 228.69%, up 22116.0% from the prior year.
  • Net Margin for Q2 2024 stood at 9.84%, down from 10.8% in the prior quarter.
  • Across five years, Net Margin topped out at 25.77% in Q3 2020 and bottomed at 4.57% in Q1 2020.
  • The 5-year median for Net Margin is 8.48% (2023), against an average of 9.0%.
  • The widest annual swing landed in 2020, when Net Margin surged 3906 bps; it then plunged 1149 bps in 2022.
  • A 5-year view of Net Margin shows it stood at 2.44% in 2020, then dropped by 21 bps to 1.93% in 2021, then jumped by 42 bps to 2.73% in 2022, then increased by 23 bps to 3.37% in 2023, then jumped by 192 bps to 9.84% in 2024.
  • The last three Net Margin figures came in at 9.84% (Q2 2024), 10.8% (Q1 2024), and 3.37% (Q4 2023), per Business Quant data.

Historic Data

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DateValue
Jun 30, 2024 9.84%
Mar 31, 2024 10.80%
Dec 31, 2023 3.37%
Sep 30, 2023 7.46%
Jun 30, 2023 9.49%
Mar 31, 2023 10.11%
Dec 31, 2022 2.73%
Sep 30, 2022 16.77%
Jun 30, 2022 3.07%
Mar 31, 2022 3.60%
Dec 31, 2021 1.93%
Sep 30, 2021 23.52%
Jun 30, 2021 14.56%
Mar 31, 2021 5.07%
Dec 31, 2020 2.44%
Sep 30, 2020 25.77%
Jun 30, 2020 16.07%
Mar 31, 2020 -4.57%
Dec 31, 2019 9.24%
Sep 30, 2019 23.70%
Jun 30, 2019 -22.99%
Mar 31, 2019 5.35%
Dec 31, 2018 -16.02%
Sep 30, 2018 20.71%
Jun 30, 2018 10.84%
Mar 31, 2018 4.72%
Dec 31, 2017 -16.32%
Sep 30, 2017 17.56%
Jun 30, 2017 10.37%
Mar 31, 2017 29.08%
Dec 31, 2012 -10.85%
Sep 30, 2012 73.94%
Jun 30, 2012 26.27%
Mar 31, 2012 32.17%
Dec 31, 2011 25.04%
Sep 30, 2011 69.96%
Jun 30, 2011 -2.99%
Mar 31, 2011 0.94%
Dec 31, 2010 -3.48%
Sep 30, 2010 78.70%
Jun 30, 2010 20.43%