Txnm Energy Inc (TXNM) Payout Ratio (2010 - 2024)
Txnm Energy's (TXNM) Payout Ratio stood at 1.61 in Q2 2024, up 212.2% from 0.52 a year earlier but down 0.8% from the prior quarter.
Analysis
Txnm Energy Inc (TXNM) Payout Ratio (2010 - 2024) Analysis & Trends
For FY2023, Txnm Energy's Payout Ratio came in at 1.44, up 104.1% from FY2022.
- Annual Payout Ratio has increased for three straight years.
- Across earlier years, Payout Ratio came in at 0.71 in FY2022 (+22.5%), 0.58 in FY2021 (+1.2%), 0.57 in FY2020 (-52.5%) and 1.20 in FY2019 (+21.1%).
- Quarterly Payout Ratio has ranged from 0.50 in Q3 2020 to 2.17 in Q1 2020 over the past five years.
- On a year-over-year basis, Payout Ratio has increased for four consecutive quarters, with growth averaging 65.7% over the last eight quarters.
- Peak year-over-year performance for Payout Ratio in the last five years was growth of 212.2% in Q2 2024, against a decline of 77.1% in Q1 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.63 (Q1 2024), 1.44 (Q4 2023) and 0.81 (Q3 2023).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 1.61 |
| Mar 31, 2024 | 1.63 |
| Dec 31, 2023 | 1.44 |
| Sep 30, 2023 | 0.81 |
| Jun 30, 2023 | 0.52 |
| Mar 31, 2023 | 0.58 |
| Dec 31, 2022 | 0.71 |
| Sep 30, 2022 | 0.72 |
| Jun 30, 2022 | 0.75 |
| Mar 31, 2022 | 0.59 |
| Dec 31, 2021 | 0.58 |
| Sep 30, 2021 | 0.57 |
| Jun 30, 2021 | 0.52 |
| Mar 31, 2021 | 0.50 |
| Dec 31, 2020 | 0.57 |
| Sep 30, 2020 | 0.50 |
| Jun 30, 2020 | 0.54 |
| Mar 31, 2020 | 2.17 |
| Dec 31, 2019 | 1.20 |
| Mar 31, 2019 | 0.97 |
API Access
Txnm Energy Inc Payout Ratio 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=payout-ratio&ticker=TXNM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();