TXNM Energy Inc (TXNM) stock
TXNMNYSEElectric ServicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 30, 2026Score 5/303% above fair value
$58.82−0.01 (-0.02%)
Close on Nov 12, 2026Market cap $6.48BP/E 28.3Yield 2.81%
TXNM Energy gross margin
Gross margin is gross profit as a percentage of revenue.
TXNM Energy's gross margin for the twelve months ending Sep 30, 2024 was 41.0%. For fiscal 2023 it was 33.8%, against 32.9% the year before.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | 33.8% | +0.9 |
| FY2022 | Dec 31, 2022 | 32.9% | −3.5 |
| FY2021 | Dec 31, 2021 | 36.5% | −3.4 |
| FY2020 | Dec 31, 2020 | 39.8% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2024 | Sep 30, 2024 | 52.2% | +17.2 |
| Q2 FY2024 | Jun 30, 2024 | 40.7% | +2.6 |
| Q1 FY2024 | Mar 31, 2024 | 40.3% | +6.0 |
| Q4 FY2023 | Dec 31, 2023 | 26.8% | +1.3 |
| Q3 FY2023 | Sep 30, 2023 | 35.0% | −1.9 |
| Q2 FY2023 | Jun 30, 2023 | 38.1% | +4.0 |
| Q1 FY2023 | Mar 31, 2023 | 34.3% | −0.4 |
| Q4 FY2022 | Dec 31, 2022 | 25.5% | −4.1 |
| Q3 FY2022 | Sep 30, 2022 | 36.9% | −5.9 |
| Q2 FY2022 | Jun 30, 2022 | 34.1% | – |
| Q1 FY2022 | Mar 31, 2022 | 34.7% | – |
| Q4 FY2021 | Dec 31, 2021 | 29.6% | – |
| Q3 FY2021 | Sep 30, 2021 | 42.8% | – |
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