Txnm Energy Inc (TXNM) Return on Capital Employed (2010 - 2024)
Txnm Energy's (TXNM) quarterly Return on Capital Employed came in at 2.44% in Q2 2024, down 270.0% YoY from 1.43% in Q3 2023, and up 4.74% on a QoQ basis from 2.33% in Q1 2024.
Txnm Energy Inc (TXNM) Return on Capital Employed (2010 - 2024) Analysis & Trends
Txnm Energy (TXNM) has 15 years of Return on Capital Employed data on file, last reported at 2.44% in Q2 2024.
- Quarterly Return on Capital Employed fell 270.0% year-over-year to 2.44% in Q2 2024, while the trailing twelve-month figure through Jun 2024 was 2.44% (down 270.0% YoY) and the FY2023 annual result came in at 2.71%, down 216.0% from the prior year.
- Return on Capital Employed rose to 2.44% in Q2 2024, from 2.33% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 5.24% in Q1 2023 to a low of 2.33% in Q1 2024.
- A 5-year average of 4.02% and a median of 4.15% in 2022 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2020 — Return on Capital Employed surged 433 bps — and 2024, when it sank 291 bps.
- Tracing TXNM's Return on Capital Employed over 5 years: stood at 4.16% in 2020, then dropped by 5 bps to 3.95% in 2021, then gained by 21 bps to 4.77% in 2022, then slumped by 46 bps to 2.59% in 2023, then fell by 6 bps to 2.44% in 2024.
- The last three Return on Capital Employed figures came in at 2.44% (Q2 2024), 2.33% (Q1 2024), and 2.59% (Q4 2023), per Business Quant data.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 2.44% |
| Mar 31, 2024 | 2.33% |
| Dec 31, 2023 | 2.59% |
| Sep 30, 2023 | 4.00% |
| Jun 30, 2023 | 5.14% |
| Mar 31, 2023 | 5.24% |
| Dec 31, 2022 | 4.77% |
| Sep 30, 2022 | 4.53% |
| Jun 30, 2022 | 4.36% |
| Mar 31, 2022 | 4.15% |
| Dec 31, 2021 | 3.95% |
| Sep 30, 2021 | 3.73% |
| Jun 30, 2021 | 3.84% |
| Mar 31, 2021 | 4.37% |
| Dec 31, 2020 | 4.16% |
| Sep 30, 2020 | 5.11% |
| Jun 30, 2020 | 5.15% |
| Mar 31, 2020 | 2.49% |
| Dec 31, 2019 | 2.30% |
| Sep 30, 2019 | 1.07% |