Txnm Energy Inc (TXNM) Net Margin (2010 - 2024)
Txnm Energy's Net Margin came in at 9.84% for Q2 2024, up 0.35 percentage points from 9.49% a year earlier but down 0.96 percentage points from the prior quarter.
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Analysis
Txnm Energy Inc (TXNM) Net Margin (2010 - 2024) Analysis & Trends
Over the trailing twelve months to Jun 30, 2024, Txnm Energy reported Net Margin of 4.49%, down 5.76 percentage points year-over-year; for FY2023, it was 4.53%, down 3.01 percentage points from FY2022.
- Net Margin has declined in each of the last three years, with a five-year change of -1.43 percentage points (FY2018 to FY2023).
- Going back by year, Net Margin was 7.54% in FY2022 (-3.47 pp), 11.00% in FY2021 (-0.34 pp), 11.34% in FY2020 (+6.04 pp) and 5.31% in FY2019 (-0.65 pp).
- The five-year range for quarterly Net Margin is -12.19% (Q4 2023) to 25.77% (Q3 2020).
- Year-over-year, Net Margin increased in five of the last eight quarters, with an average year-over-year change of -1.72 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q2 2020 (a gain of 39.06 percentage points), and the weakest in Q4 2023 (a drop of 14.92 percentage points).
- Business Quant data shows TXNM's Net Margin at 10.80% (Q1 2024), -12.19% (Q4 2023) and 7.46% (Q3 2023) in the three quarters before Q2 2024.
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 9.84% |
| Mar 31, 2024 | 10.80% |
| Dec 31, 2023 | -12.19% |
| 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 | 20.43% |
| Jun 30, 2021 | 12.59% |
| Mar 31, 2021 | 4.82% |
| 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% |
API Access
Txnm Energy Inc Net Margin 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=net-margin&ticker=TXNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();