Txnm Energy Inc (TXNM) Payout Ratio (2010 - 2024)
Txnm Energy's (TXNM) quarterly Payout Ratio came in at 0.73 in Q2 2024, up 4.43% on a YoY basis from 0.7 in Q3 2023, and down 1.79% quarter-over-quarter from 0.74 in Q1 2024.
Analysis
Txnm Energy Inc (TXNM) Payout Ratio (2010 - 2024) Analysis & Trends
Txnm Energy (TXNM) has reported Payout Ratio for 15 consecutive years, with 0.73 the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Payout Ratio rose 4.43% year-over-year to 0.73; the trailing twelve-month figure through Jun 2024 stood at 3.97 (up 668.65% YoY), and the FY2023 full-year result was 3.67, up 418.54% from the prior year.
- Payout Ratio fell to 0.73 in Q2 2024 per TXNM's latest filing, from 0.74 in the prior quarter.
- Across five years, Payout Ratio topped out at 2.81 in Q4 2020 and bottomed at 4.52 in Q4 2023.
- Historically, Payout Ratio has averaged 0.65 across 5 years, with a median of 0.71 in 2023.
- The sharpest annual moves came in 2020 and 2023: Payout Ratio surged 284.08% in 2020, then plunged 337.38% in 2023.
- Over 5 years, Payout Ratio stood at 2.81 in 2020, then decreased by 10.27% to 2.52 in 2021, then declined by 24.41% to 1.9 in 2022, then plunged by 337.38% to 4.52 in 2023, then soared by 116.17% to 0.73 in 2024.
- According to Business Quant data, Payout Ratio over the past three periods registered 0.73, 0.74, and 4.52 for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 0.73 |
| Mar 31, 2024 | 0.74 |
| Dec 31, 2023 | -4.52 |
| Sep 30, 2023 | 0.84 |
| Jun 30, 2023 | 0.70 |
| Mar 31, 2023 | 0.58 |
| Dec 31, 2022 | 1.90 |
| Sep 30, 2022 | 0.24 |
| Jun 30, 2022 | 1.95 |
| Mar 31, 2022 | 1.87 |
| Dec 31, 2021 | 2.52 |
| Sep 30, 2021 | 0.25 |
| Jun 30, 2021 | 0.53 |
| Mar 31, 2021 | 1.61 |
| Dec 31, 2020 | 2.81 |
| Sep 30, 2020 | 0.20 |
| Jun 30, 2020 | 0.43 |
| Mar 31, 2020 | -1.61 |
| Dec 31, 2019 | 0.73 |
| Sep 30, 2019 | 0.23 |