Txnm Energy Inc (TXNM) Operating Expenses (2009 - 2024)
Txnm Energy (TXNM) posted Operating Expenses of $382.42 million for Q2 2024, down 0.6% from $384.83 million a year earlier but up 7.3% from the prior quarter.
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Analysis
Txnm Energy Inc (TXNM) Operating Expenses (2009 - 2024) Analysis & Trends
For the trailing twelve months through Jun 30, 2024, Operating Expenses at Txnm Energy was $1.62 billion, down 14.7% year-over-year; for FY2023, it was $1.71 billion, down 8.0% from FY2022.
- Annual Operating Expenses shows a five-year compound annual growth rate of 7.3% (FY2018 to FY2023).
- In prior years, Txnm Energy's Operating Expenses was $1.86 billion in FY2022 (+26.1%), $1.47 billion in FY2021 (+18.9%), $1.24 billion in FY2020 (-5.8%) and $1.31 billion in FY2019 (+9.4%).
- Quarterly Operating Expenses has run from a low of $283.59 million in Q4 2019 to a high of $547.13 million in Q3 2022 over five years.
- On a year-over-year basis, Operating Expenses has declined in each of the last five quarters, with growth averaging 2.9% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2022, with growth of 35.8%; the weakest was Q2 2020, with a decline of 32.4%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $356.29 million (Q1 2024), $458.85 million (Q4 2023) and $419.2 million (Q3 2023).
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Historic Data
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Historic 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 |
API Access
Txnm Energy Inc Operating Expenses 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=operating-expenses&ticker=TXNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();