Txnm Energy Inc (TXNM) Price to Sales (2010 - 2024)
Txnm Energy's (TXNM) quarterly Price to Sales came in at 6.83 in Q2 2024, down 15.81% on a YoY basis from 8.11 in Q3 2023, and down 12.11% quarter-over-quarter from 7.77 in Q1 2024.
Analysis
Txnm Energy Inc (TXNM) Price to Sales (2010 - 2024) Analysis & Trends
Txnm Energy (TXNM) has reported Price to Sales for 11 consecutive years, with 6.83 the latest figure, recorded in Q2 2024.
- For the quarter ending Q2 2024, Price to Sales fell 15.81% year-over-year to 6.83; the trailing twelve-month figure through Jun 2024 stood at 1.81 (up 8.74% YoY), and the FY2023 full-year result was 1.93, up 3.94% from the prior year.
- Price to Sales declined to 6.83 in Q2 2024 per TXNM's latest filing, from 7.77 in the prior quarter.
- Across five years, Price to Sales topped out at 11.59 in Q4 2020 and bottomed at 5.38 in Q3 2022.
- Historically, Price to Sales has averaged 8.41 across 5 years, with a median of 8.16 in 2022.
- The sharpest annual moves came in 2020 and 2023: Price to Sales sank 30.28% in 2020, then soared 40.76% in 2023.
- Over 5 years, Price to Sales stood at 11.59 in 2020, then decreased by 22.21% to 9.02 in 2021, then fell by 19.36% to 7.27 in 2022, then gained by 25.19% to 9.11 in 2023, then dropped by 24.99% to 6.83 in 2024.
- According to Business Quant data, Price to Sales over the past three periods registered 6.83, 7.77, and 9.11 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 | 6.83 |
| Mar 31, 2024 | 7.77 |
| Dec 31, 2023 | 9.11 |
| Sep 30, 2023 | 7.57 |
| Jun 30, 2023 | 8.11 |
| Mar 31, 2023 | 7.68 |
| Dec 31, 2022 | 7.27 |
| Sep 30, 2022 | 5.38 |
| Jun 30, 2022 | 8.21 |
| Mar 31, 2022 | 9.21 |
| Dec 31, 2021 | 9.02 |
| Sep 30, 2021 | 7.66 |
| Jun 30, 2021 | 9.81 |
| Mar 31, 2021 | 11.54 |
| Dec 31, 2020 | 11.59 |
| Sep 30, 2020 | 6.97 |
| Jun 30, 2020 | 8.56 |
| Mar 31, 2020 | 9.07 |
| Dec 31, 2019 | 11.74 |
| Sep 30, 2019 | 9.57 |