Txnm Energy (TXNM) Tax Rate (2009 - 2026)
Txnm Energy (TXNM) posted Tax Rate of 14.00% for Q2 2026, up 9.15 percentage points from 4.85% a year earlier.
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Analysis
Txnm Energy (TXNM) Tax Rate (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Txnm Energy was 8.57%, down 3.76 percentage points year-over-year; for FY2025, it came in at 5.66%, down 2.02 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -4.26 percentage points (FY2020 to FY2025).
- In prior years, Txnm Energy's Tax Rate was 7.68% in FY2024, 12.37% in FY2022 (-0.96 pp) and 13.33% in FY2021 (+3.41 pp).
- The Q2 2026 figure stands as the highest quarterly Tax Rate since Q3 2024.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q2 2026, with a gain of 9.15 percentage points; the weakest was Q2 2025, with a drop of 9.87 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | - |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 13.60% |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 17.55% |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 6.75% |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 16.49% |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 22.09% |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 21.26% |
| 10 | Txnm Energy | 6.49 Bn | 6.46 Bn | 384.42 Mn | 14.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.00% |
| Sep 30, 2025 | 12.21% |
| Jun 30, 2025 | 4.85% |
| Mar 31, 2025 | 7.37% |
| Dec 31, 2024 | 7.82% |
| Sep 30, 2024 | 14.66% |
| Jun 30, 2024 | 14.72% |
| Jun 30, 2023 | 14.27% |
| Mar 31, 2023 | 13.96% |
| Dec 31, 2022 | 31.28% |
| Sep 30, 2022 | 9.59% |
| Jun 30, 2022 | 5.41% |
| Mar 31, 2022 | 11.26% |
| Dec 31, 2021 | 28.47% |
| Sep 30, 2021 | 12.41% |
| Jun 30, 2021 | 12.56% |
| Mar 31, 2021 | 6.88% |
| Dec 31, 2020 | 33.56% |
| Sep 30, 2020 | 8.95% |
| Jun 30, 2020 | 6.49% |
API Access
Txnm Energy Tax Rate 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=tax-rate&ticker=TXNM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=TXNM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();