TXNM Energy, Inc. (TXNM)

Fixed asset turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue US$ in thousands 1,971,200 1,939,200 2,249,560 1,779,870 1,523,010
Property, plant and equipment US$ in thousands — — — — —
Fixed asset turnover — — — — —

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,971,200K ÷ $—K
= —

The fixed asset turnover ratio for TXNM Energy, Inc. has been reported as "—", which indicates that there is no available data for this ratio as of the given years (December 31, 2020 to December 31, 2024). This lack of information makes it challenging to evaluate how efficiently the company is utilizing its fixed assets to generate revenue over the specified period. Hence, a deeper analysis or comparison with industry benchmarks cannot be provided at this time.