Txnm Energy Inc (TXNM) Net Margin (2010 - 2024)
Txnm Energy's (TXNM) quarterly Net Margin came in at 9.84% in Q2 2024, up 35.0% YoY from 7.29% in Q3 2023, and down 8.87% on a QoQ basis from 10.8% in Q1 2024.
Txnm Energy Inc (TXNM) Net Margin (2010 - 2024) Analysis & Trends
Txnm Energy (TXNM) has 11 years of Net Margin data on file, last reported at 9.84% in Q2 2024.
- Quarterly Net Margin rose 35.0% year-over-year to 9.84% in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 143.01% (down 15326.0% YoY) and the FY2023 annual result came in at 228.69%, up 22116.0% from the prior year.
- Net Margin retreated to 9.84% in Q2 2024, from 10.8% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 26.76% in Q3 2020 to a low of 4.57% in Q1 2020.
- A 5-year average of 9.02% and a median of 8.48% in 2023 frame the typical range for Net Margin.
- The widest YoY moves for Net Margin: up 3975 bps in 2020, down 992 bps in 2020.
- Tracing TXNM's Net Margin over 5 years: stood at 2.44% in 2020, then advanced by 6 bps to 2.58% in 2021, then rose by 6 bps to 2.73% in 2022, then grew by 23 bps to 3.37% in 2023, then soared 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.
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Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 2.58% |
| Sep 30, 2021 | 23.52% |
| Jun 30, 2021 | 12.59% |
| Mar 31, 2021 | 5.07% |
| Dec 31, 2020 | 2.44% |
| Sep 30, 2020 | 26.76% |
| Jun 30, 2020 | 16.76% |
| Mar 31, 2020 | -4.57% |
| Dec 31, 2019 | 9.24% |
| Sep 30, 2019 | 23.70% |