Txnm Energy Inc (TXNM) Return on Equity [ROE] (2011 - 2024)
Txnm Energy's Return on Equity [ROE] was 4.10% in Q2 2024, down 7.11 percentage points from 11.21% a year earlier but up 0.06 percentage points from the prior quarter.
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Analysis
Txnm Energy Inc (TXNM) Return on Equity [ROE] (2011 - 2024) Analysis & Trends
For FY2023, Return on Equity [ROE] at Txnm Energy came in at 4.60%, down 3.69 percentage points from FY2022.
- Return on Equity [ROE] shows a five-year change of -1.16 percentage points (FY2018 to FY2023).
- In earlier years, Return on Equity [ROE] was 8.29% in FY2022 (-1.49 pp), 9.78% in FY2021 (+0.05 pp), 9.73% in FY2020 (+4.46 pp) and 5.27% in FY2019 (-0.49 pp).
- Quarterly Return on Equity [ROE] has moved between 0.27% (Q3 2019) and 11.79% (Q3 2020) over five years.
- Compared with a year earlier, Return on Equity [ROE] has declined for four straight quarters, with an average year-over-year change of -2.05 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q2 2020 (a gain of 11.82 percentage points); the worst was Q2 2024 (a drop of 7.11 percentage points).
- Per Business Quant data, TXNM's Return on Equity [ROE] in the three quarters before Q2 2024 was 4.04% (Q1 2024), 4.56% (Q4 2023) and 7.51% (Q3 2023).
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 4.10% |
| Mar 31, 2024 | 4.04% |
| Dec 31, 2023 | 4.56% |
| Sep 30, 2023 | 7.51% |
| Jun 30, 2023 | 11.21% |
| Mar 31, 2023 | 10.03% |
| Dec 31, 2022 | 8.23% |
| Sep 30, 2022 | 8.12% |
| Jun 30, 2022 | 7.86% |
| Mar 31, 2022 | 9.55% |
| Dec 31, 2021 | 9.58% |
| Sep 30, 2021 | 9.59% |
| Jun 30, 2021 | 10.21% |
| Mar 31, 2021 | 10.48% |
| Dec 31, 2020 | 9.51% |
| Sep 30, 2020 | 11.79% |
| Jun 30, 2020 | 11.20% |
| Mar 31, 2020 | 3.44% |
| Dec 31, 2019 | 5.30% |
| Sep 30, 2019 | 0.27% |
API Access
Txnm Energy Inc Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=TXNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();