TXNM Energy, Inc. (TXNM)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 65.62% | 63.54% | 58.46% | 57.19% | 53.91% | 46.34% | 41.62% | 36.59% | 32.62% | 34.25% | 35.70% | 44.19% | 50.66% | 33.67% | 42.42% | 40.08% | 39.84% | 76.28% | 75.97% | 76.36% |
| Operating profit margin | 23.01% | 17.34% | 12.27% | 11.62% | 11.93% | 15.91% | 18.51% | 18.08% | 17.50% | 17.85% | 17.87% | 17.91% | 17.31% | 16.87% | 17.48% | 18.06% | 18.73% | 21.70% | 21.78% | 10.77% |
| Pretax margin | 14.22% | 9.64% | 3.34% | 3.18% | 4.67% | 9.25% | 12.59% | 10.72% | 8.91% | 8.95% | 9.45% | 12.27% | 12.86% | 13.27% | 14.18% | 14.79% | 12.70% | 14.44% | 13.31% | 1.04% |
| 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% |
TXNM Energy, Inc.'s profitability ratios have shown some fluctuation over the past few years. The Gross Profit Margin, which measures the company's ability to generate profit from its sales after accounting for the cost of goods sold, has ranged from a high of 76.36% in March 2020 to a low of 32.62% in December 2022. However, there has been an upward trend in recent quarters, reaching 65.62% by December 2024.
The Operating Profit Margin, indicating the company's efficiency in turning revenue into profit after deducting operating expenses, has also varied. It reached a peak of 23.01% in December 2024, following a decline from June 2023 to December 2023.
The Pretax Margin reflects TXNM Energy's profitability before taxes relative to its total revenue. This ratio has fluctuated as well, with a high of 14.44% in September 2020 and lows of 3.18% and 3.34% in March and June 2024, respectively.
The Net Profit Margin, which reveals the company's bottom line profitability after all expenses have been deducted, has seen similar fluctuations. It peaked at 13.24% in March 2021 and decreased in subsequent periods before rising to 12.31% by December 2024.
Overall, TXNM Energy's profitability ratios have experienced variability, but the company has made efforts to improve margins in certain quarters, indicating a focus on enhancing operational efficiency and cost management.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.04% | 3.05% | 2.14% | 2.07% | 2.26% | 3.33% | 4.47% | 4.54% | 4.09% | 4.17% | 3.87% | 3.82% | 3.56% | 3.48% | 3.49% | 3.53% | 3.59% | 4.23% | 4.22% | 2.10% |
| Return on assets (ROA) | 2.16% | 1.63% | 0.79% | 0.78% | 0.86% | 1.54% | 2.48% | 2.24% | 1.77% | 1.83% | 1.76% | 2.23% | 2.27% | 2.35% | 2.49% | 2.59% | 2.18% | 2.53% | 2.33% | 0.59% |
| Return on total capital | 19.68% | 16.09% | 11.00% | 10.66% | 11.74% | 16.44% | 20.44% | 20.13% | 18.44% | 6.17% | 6.05% | 5.81% | 5.42% | 5.58% | 6.05% | 7.97% | 6.45% | 7.84% | 7.66% | 3.29% |
| Return on equity (ROE) | 9.52% | 7.15% | 3.45% | 3.40% | 3.74% | 6.87% | 10.51% | 9.40% | 7.72% | 7.52% | 7.34% | 9.21% | 9.06% | 9.03% | 9.68% | 10.13% | 8.43% | 11.04% | 10.42% | 2.67% |
TXNM Energy, Inc.'s profitability ratios have shown fluctuating trends over the periods analyzed.
- Operating Return on Assets (Operating ROA): The Operating ROA has shown a generally increasing trend from 2.10% in March 2020 to 4.09% in December 2022, before decreasing to 2.26% in December 2023. There was a slight recovery to 4.04% by December 2024.
- Return on Assets (ROA): The ROA started at 0.59% in March 2020, increased to 2.59% by March 2021, and then fluctuated between 0.78% and 2.48%, showing mixed performance over the periods analyzed.
- Return on Total Capital: The Return on Total Capital exhibited significant variability, ranging from 3.29% in March 2020 to a high of 20.44% in June 2023. The ratio surged to 19.68% by December 2024.
- Return on Equity (ROE): The ROE fluctuated between 2.67% and 11.04% from March 2020 to September 2020. Subsequently, it ranged between 3.40% and 10.51% until September 2023 before a recovery to 9.52% by December 2024.
Overall, while there have been fluctuations in the profitability ratios of TXNM Energy, Inc., the company has managed to maintain a reasonable level of profitability over the periods analyzed.