Txnm Energy Inc (TXNM) Operating Margin (2010 - 2024)
Txnm Energy (TXNM) recorded Operating Margin of 21.65% in Q2 2024, up 2.30 percentage points from 19.35% a year earlier and up 3.20 percentage points from the prior quarter.
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Analysis
Txnm Energy Inc (TXNM) Operating Margin (2010 - 2024) Analysis & Trends
On a TTM basis, Txnm Energy's Operating Margin came in at 12.27% as of Jun 30, 2024, down 6.24 percentage points year-over-year; for FY2023, it was 11.93%, down 5.57 percentage points from FY2022.
- Annual Operating Margin has a five-year change of -4.50 percentage points (FY2018 to FY2023).
- Across earlier years, Operating Margin came in at 17.50% in FY2022 (+0.19 pp), 17.31% in FY2021 (-1.42 pp), 18.73% in FY2020 (+8.84 pp) and 9.89% in FY2019 (-6.54 pp).
- The Q2 2024 figure is the highest quarterly Operating Margin since Q3 2022.
- On a year-over-year basis, Operating Margin rose in five of the last eight quarters, with an average year-over-year change of -2.89 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 48.24 percentage points in Q2 2020, against a drop of 21.16 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 18.45% (Q1 2024), -11.34% (Q4 2023) and 17.13% (Q3 2023).
Peer Set
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 21.65% |
| Mar 31, 2024 | 18.45% |
| Dec 31, 2023 | -11.34% |
| Sep 30, 2023 | 17.13% |
| Jun 30, 2023 | 19.35% |
| Mar 31, 2023 | 18.21% |
| Dec 31, 2022 | 9.82% |
| Sep 30, 2022 | 25.04% |
| Jun 30, 2022 | 17.29% |
| Mar 31, 2022 | 15.33% |
| Dec 31, 2021 | 9.00% |
| Sep 30, 2021 | 27.36% |
| Jun 30, 2021 | 17.40% |
| Mar 31, 2021 | 11.84% |
| Dec 31, 2020 | 5.17% |
| Sep 30, 2020 | 31.28% |
| Jun 30, 2020 | 19.89% |
| Mar 31, 2020 | 14.31% |
| Dec 31, 2019 | 17.59% |
| Sep 30, 2019 | 32.41% |
API Access
Txnm Energy Inc Operating 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=operating-margin&ticker=TXNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();