Txnm Energy Inc (TXNM) Return on Assets [ROA] (2010 - 2024)
Txnm Energy (TXNM) posted Return on Assets [ROA] of 0.95% for Q2 2024, down 1.75 percentage points from 2.70% a year earlier but up 0.01 percentage points from the prior quarter.
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Analysis
Txnm Energy Inc (TXNM) Return on Assets [ROA] (2010 - 2024) Analysis & Trends
For FY2023, Txnm Energy's Return on Assets [ROA] came in at 1.10%, down 0.97 percentage points from FY2022.
- Annual Return on Assets [ROA] shows a five-year change of -0.40 percentage points (FY2018 to FY2023).
- In prior years, Txnm Energy's Return on Assets [ROA] was 2.07% in FY2022 (-0.49 pp), 2.55% in FY2021 (+0.09 pp), 2.46% in FY2020 (+1.16 pp) and 1.30% in FY2019 (-0.20 pp).
- Quarterly Return on Assets [ROA] has run from a low of 0.06% in Q3 2019 to a high of 2.77% in Q1 2021 over five years.
- On a year-over-year basis, Return on Assets [ROA] has declined in each of the last four quarters, with an average year-over-year change of -0.59 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Assets [ROA] in the past five years was Q2 2020, with a gain of 2.73 percentage points; the weakest was Q2 2024, with a drop of 1.75 percentage points.
- According to Business Quant data, Return on Assets [ROA] for the three prior quarters was 0.95% (Q1 2024), 1.05% (Q4 2023) and 1.76% (Q3 2023).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 0.95% |
| Mar 31, 2024 | 0.95% |
| Dec 31, 2023 | 1.05% |
| Sep 30, 2023 | 1.76% |
| Jun 30, 2023 | 2.70% |
| Mar 31, 2023 | 2.43% |
| Dec 31, 2022 | 2.03% |
| Sep 30, 2022 | 2.01% |
| Jun 30, 2022 | 1.94% |
| Mar 31, 2022 | 2.41% |
| Dec 31, 2021 | 2.50% |
| Sep 30, 2021 | 2.54% |
| Jun 30, 2021 | 2.69% |
| Mar 31, 2021 | 2.77% |
| Dec 31, 2020 | 2.39% |
| Sep 30, 2020 | 2.76% |
| Jun 30, 2020 | 2.58% |
| Mar 31, 2020 | 0.81% |
| Dec 31, 2019 | 1.27% |
| Sep 30, 2019 | 0.06% |
API Access
Txnm Energy Inc Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=TXNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();