Txnm Energy (TXNM) Return on Capital Employed [ROCE] (2010 - 2026)
Txnm Energy (TXNM) reported Return on Capital Employed [ROCE] of 2.44% for Q2 2024, down 2.70 percentage points from 5.14% a year earlier but up 0.11 percentage points from the prior quarter.
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Analysis
Txnm Energy (TXNM) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2023, Txnm Energy posted Return on Capital Employed [ROCE] of 2.71%, down 2.16 percentage points from FY2022.
- Return on Capital Employed [ROCE] has a five-year change of -1.07 percentage points (FY2018 to FY2023).
- By year, Return on Capital Employed [ROCE] came in at 4.88% in FY2022 (+0.84 pp), 4.03% in FY2021 (-0.26 pp), 4.30% in FY2020 (+1.94 pp) and 2.36% in FY2019 (-1.42 pp).
- Five-year quarterly Return on Capital Employed [ROCE] spans a low of 1.07% in Q3 2019 and a high of 5.24% in Q1 2023.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last four quarters, with an average year-over-year change of -0.60 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q2 2020 (a gain of 4.33 percentage points); the low point was Q3 2019 (a drop of 3.68 percentage points).
- Per Business Quant data, the three quarters before Q2 2024 came in at 2.33% (Q1 2024), 2.59% (Q4 2023) and 4.00% (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 285.66 Bn | 285.66 Bn | 890.00 Mn | 34.35% |
| 2 | Nextera Energy | 159.27 Bn | 160.17 Bn | - | 4.32% |
| 3 | Southern | 96.02 Bn | 87.08 Bn | 5.92 Bn | 5.08% |
| 4 | Duke Energy | 88.50 Bn | 87.10 Bn | 6.74 Bn | 5.10% |
| 5 | National Grid | 78.31 Bn | 59.83 Bn | - | - |
| 6 | American Electric Power | 65.19 Bn | 63.57 Bn | 3.84 Bn | 4.97% |
| 7 | Dominion Energy | 53.46 Bn | 56.14 Bn | - | 3.53% |
| 8 | Sempra | 51.03 Bn | 50.16 Bn | 2.89 Bn | 4.60% |
| 9 | Entergy | 46.86 Bn | 36.05 Bn | - | 4.51% |
| 10 | Txnm Energy | 6.50 Bn | 6.48 Bn | 384.42 Mn | 4.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.46% |
| Mar 31, 2026 | 4.03% |
| Dec 31, 2025 | 4.01% |
| Sep 30, 2025 | 3.98% |
| Jun 30, 2025 | 3.95% |
| Mar 31, 2025 | 4.63% |
| Dec 31, 2024 | 4.90% |
| Sep 30, 2024 | 3.54% |
| 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% |
API Access
Txnm Energy Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=TXNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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-capital-employed-%5Broce%5D&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();