Txnm Energy Inc (TXNM) Tax Provisions (2009 - 2024)

Txnm Energy (TXNM) has reported Tax Provisions for 16 consecutive years, with $9.0 million the latest figure, recorded in Q2 2024.

• For the quarter ending Q2 2024, Tax Provisions rose 9.02% year-over-year to $9.0 million; the trailing twelve-month figure through Jun 2024 stood at -$38.0 million (down 193.48% YoY), and the FY2023 full-year result was -$16.3 million, down 162.57% from the prior year.
• Tax Provisions improved to $9.0 million in Q2 2024 per TXNM's latest filing, from -$12.6 million in the prior quarter.
• Across five years, Tax Provisions topped out at $16.7 million in Q3 2021 and bottomed at -$29.1 million in Q4 2023.
• Historically, Tax Provisions has averaged $3.3 million across 5 years, with a median of $6.0 million in 2020.
• The widest YoY moves for Tax Provisions: up 652.19% in 2023, down 418.01% in 2023.
• Over 5 years, Tax Provisions stood at $5.9 million in 2020, then grew by 2.35% to $6.0 million in 2021, then surged by 51.23% to $9.1 million in 2022, then sank by 418.01% to -$29.1 million in 2023, then jumped by 130.84% to $9.0 million in 2024.
• According to Business Quant data, Tax Provisions over the past three periods registered $9.0 million, -$12.6 million, and -$29.1 million for Q2 2024, Q1 2024, and Q4 2023 respectively.