Txnm Energy Inc (TXNM) Operating Expenses (2009 - 2024)

Txnm Energy (TXNM) has reported Operating Expenses for 16 consecutive years, with $382.4 million the latest figure, recorded in Q2 2024.

• For the quarter ending Q2 2024, Operating Expenses fell 0.63% year-over-year to $382.4 million; the trailing twelve-month figure through Jun 2024 stood at $1.6 billion (down 14.74% YoY), and the FY2023 full-year result was $1.7 billion, down 7.97% from the prior year.
• Operating Expenses grew to $382.4 million in Q2 2024 per TXNM's latest filing, from $356.3 million in the prior quarter.
• Across five years, Operating Expenses topped out at $547.1 million in Q3 2022 and bottomed at $285.9 million in Q1 2020.
• Historically, Operating Expenses has averaged $389.5 million across 5 years, with a median of $383.6 million in 2023.
• The sharpest annual moves came in 2020 and 2022: Operating Expenses tumbled 32.4% in 2020, then surged 35.82% in 2022.
• Over 5 years, Operating Expenses stood at $340.7 million in 2020, then grew by 15.95% to $395.0 million in 2021, then surged by 31.46% to $519.3 million in 2022, then dropped by 11.64% to $458.8 million in 2023, then slipped by 16.66% to $382.4 million in 2024.
• According to Business Quant data, Operating Expenses over the past three periods registered $382.4 million, $356.3 million, and $458.8 million for Q2 2024, Q1 2024, and Q4 2023 respectively.