TXNM Energy, Inc. (TXNM)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	242,682	176,742	83,266	80,521	88,345	154,317	239,024	209,081	170,058	165,533	156,421	194,769	196,357	193,783	202,098	205,746	172,775	195,802	176,805	43,402
Revenue (ttm)	US$ in thousands	1,971,199	1,906,349	1,842,944	1,831,998	1,939,198	2,102,903	2,326,940	2,349,514	2,249,555	2,107,811	1,932,474	1,859,284	1,779,873	1,705,074	1,622,988	1,554,097	1,523,012	1,507,880	1,469,001	1,441,580
Net profit margin		12.31%	9.27%	4.52%	4.40%	4.56%	7.34%	10.27%	8.90%	7.56%	7.85%	8.09%	10.48%	11.03%	11.37%	12.45%	13.24%	11.34%	12.99%	12.04%	3.01%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $242,682K ÷ $1,971,199K
= 12.31%

TXNM Energy, Inc.'s net profit margin has varied over the periods specified in the data provided. The net profit margin started at a relatively low 3.01% in March 2020, indicating that for every dollar of revenue generated, the company retained $0.0301 as profit.

The net profit margin showed significant improvement, reaching its peak at 13.24% in March 2021, demonstrating an effective management of expenses and strong revenue generation capabilities. However, there was a slight decrease in the following quarter, with a net profit margin of 12.45% in June 2021.

Subsequently, the net profit margin fluctuated between 7.34% to 12.99% till September 2023. However, there was a noticeable decline in profitability by December 2023, with the net profit margin falling to 4.56%. This trend continued into the first half of 2024, with the net profit margin hovering around 4-9%.

By the end of December 2024, the net profit margin rebounded to 12.31%, indicating a significant improvement in profitability compared to the preceding quarters. Overall, the analysis of TXNM Energy, Inc.'s net profit margin shows variations in profitability levels over the different reporting periods, reflecting the company's performance in managing costs and generating profits.