Txnm Energy Inc (TXNM) Operating Expenses (2009 - 2024)
Txnm Energy's (TXNM) quarterly Operating Expenses came in at $382.4 million in Q2 2024, down 0.63% YoY from $384.8 million in Q3 2023, and up 7.33% on a QoQ basis from $356.3 million in Q1 2024.
Txnm Energy Inc (TXNM) Operating Expenses (2009 - 2024) Analysis & Trends
Txnm Energy (TXNM) has 16 years of Operating Expenses data on file, last reported at $382.4 million in Q2 2024.
- Quarterly Operating Expenses fell 0.63% year-over-year to $382.4 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $1.6 billion (down 14.74% YoY) and the FY2023 annual result came in at $1.7 billion, down 7.97% from the prior year.
- Operating Expenses climbed to $382.4 million in Q2 2024, from $356.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $547.1 million in Q3 2022 to a low of $285.9 million in Q1 2020.
- A 5-year average of $389.5 million and a median of $383.6 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2020 — Operating Expenses slumped 32.4% — and 2022, when it jumped 35.82%.
- Tracing TXNM's Operating Expenses over 5 years: stood at $340.7 million in 2020, then advanced by 15.95% to $395.0 million in 2021, then soared by 31.46% to $519.3 million in 2022, then decreased by 11.64% to $458.8 million in 2023, then retreated by 16.66% to $382.4 million in 2024.
- The last three Operating Expenses figures came in at $382.4 million (Q2 2024), $356.3 million (Q1 2024), and $458.8 million (Q4 2023), per Business Quant data.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 382.42 Mn |
| Mar 31, 2024 | 356.29 Mn |
| Dec 31, 2023 | 458.85 Mn |
| Sep 30, 2023 | 419.20 Mn |
| Jun 30, 2023 | 384.83 Mn |
| Mar 31, 2023 | 444.99 Mn |
| Dec 31, 2022 | 519.28 Mn |
| Sep 30, 2022 | 547.13 Mn |
| Jun 30, 2022 | 413.34 Mn |
| Mar 31, 2022 | 376.05 Mn |
| Dec 31, 2021 | 395.02 Mn |
| Sep 30, 2021 | 402.82 Mn |
| Jun 30, 2021 | 352.34 Mn |
| Mar 31, 2021 | 321.54 Mn |
| Dec 31, 2020 | 340.69 Mn |
| Sep 30, 2020 | 324.66 Mn |
| Jun 30, 2020 | 286.50 Mn |
| Mar 31, 2020 | 285.88 Mn |
| Dec 31, 2019 | 283.59 Mn |
| Sep 30, 2019 | 293.05 Mn |