Growth Metrics

Txnm Energy (TXNM) Return on Assets (2016 - 2024)

Txnm Energy's Return on Assets history spans 13 years, with the latest figure at 0.01% for Q2 2024.

  • For Q2 2024, Return on Assets fell 2.0% year-over-year to 0.01%; the TTM value through Jun 2024 reached 0.01%, down 2.0%, while the annual FY2023 figure was 0.01%, 1.0% down from the prior year.
  • Return on Assets reached 0.01% in Q2 2024 per TXNM's latest filing, up from 0.01% in the prior quarter.
  • In the past five years, Return on Assets ranged from a high of 0.03% in Q1 2021 to a low of 0.01% in Q1 2020.
  • Average Return on Assets over 5 years is 0.02%, with a median of 0.02% recorded in 2020.
  • Peak YoY movement for Return on Assets: rose 3bps in 2020, then dropped -2bps in 2024.
  • A 5-year view of Return on Assets shows it stood at 0.02% in 2020, then rose by 5bps to 0.03% in 2021, then decreased by -19bps to 0.02% in 2022, then plummeted by -48bps to 0.01% in 2023, then fell by -9bps to 0.01% in 2024.
  • Per Business Quant, the three most recent readings for TXNM's Return on Assets are 0.01% (Q2 2024), 0.01% (Q1 2024), and 0.01% (Q4 2023).