TXNM Energy Past Earnings Performance
Past criteria checks 4/6
TXNM Energy has been growing earnings at an average annual rate of 5%, while the Electric Utilities industry saw earnings growing at 6.7% annually. Revenues have been growing at an average rate of 8% per year. TXNM Energy's return on equity is 7.6%, and it has net margins of 9.2%.
Key information
5.0%
Earnings growth rate
3.3%
EPS growth rate
| Electric Utilities Industry Growth | 6.3% |
| Revenue growth rate | 8.0% |
| Return on equity | 7.6% |
| Net Margin | 9.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Investors Still Waiting For A Pull Back In TXNM Energy, Inc. (NYSE:TXNM)
Oct 25
TXNM Energy's (NYSE:TXNM) Returns On Capital Are Heading Higher
Oct 01PNM Resources, Inc. (NYSE:PNM) Not Lagging Market On Growth Or Pricing
Jun 23PNM Resources (NYSE:PNM) Has Announced A Dividend Of $0.3875
Apr 19PNM Resources: Medium Term Growth Potential But Less Financial Flexibility
Apr 07PNM Resources (NYSE:PNM) Is Due To Pay A Dividend Of $0.3875
Apr 03PNM Resources: No Merger, No Thank You
Jan 12PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875
Jan 02PNM Resources (NYSE:PNM) Will Pay A Larger Dividend Than Last Year At $0.3875
Dec 12Is PNM Resources (NYSE:PNM) Using Too Much Debt?
Dec 07Returns On Capital At PNM Resources (NYSE:PNM) Have Stalled
Oct 27PNM Resources: Exciting Initiatives Is Boosting The Bottom Line
Sep 30PNM Resources: Debate Hinges On Merger, Economic Value Absent Either Way
Sep 23Calculating The Fair Value Of PNM Resources, Inc. (NYSE:PNM)
Sep 18PNM Resources (NYSE:PNM) Has A Somewhat Strained Balance Sheet
Aug 23PNM Resources: High Valuation, Uncertain Backup Plan
Jun 14PNM Resources (NYSE:PNM) Ticks All The Boxes When It Comes To Earnings Growth
May 20Here's What To Make Of PNM Resources' (NYSE:PNM) Decelerating Rates Of Return
May 01PNM Resources' (NYSE:PNM) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 05PNM Resources beats FY top and bottom line estimates; narrows FY23 outlook
Feb 24PNM Resources cut to Neutral at Mizuho on likelihood of Avangrid deal close
Jan 09PNM Resources' (NYSE:PNM) Upcoming Dividend Will Be Larger Than Last Year's
Jan 02PNM Resources reports Q3 earnings beat; raises FY22 and reaffirms FY23 guidance
Nov 04PNM Resources declares $0.3475 dividend
Sep 16PNM Resources Non-GAAP EPS of $0.57 beats by $0.04, revenue of $499.73M beats by $54.37M, affirms FY earning guidance
Aug 04PNM Resources: Avangrid Merger Is Likely To Close
Jul 04Revenue & Expenses Breakdown
How TXNM Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 1,906 | 176 | 239 | 0 |
| 30 Jun 24 | 1,843 | 83 | 234 | 0 |
| 31 Mar 24 | 1,832 | 80 | 230 | 0 |
| 31 Dec 23 | 1,939 | 88 | 231 | 0 |
| 30 Sep 23 | 2,103 | 154 | 233 | 0 |
| 30 Jun 23 | 2,327 | 238 | 232 | 0 |
| 31 Mar 23 | 2,350 | 209 | 230 | 0 |
| 31 Dec 22 | 2,250 | 170 | 230 | 0 |
| 30 Sep 22 | 2,108 | 165 | 231 | 0 |
| 30 Jun 22 | 1,932 | 156 | 230 | 0 |
| 31 Mar 22 | 1,859 | 194 | 231 | 0 |
| 31 Dec 21 | 1,780 | 196 | 234 | 0 |
| 30 Sep 21 | 1,705 | 193 | 243 | 0 |
| 30 Jun 21 | 1,623 | 202 | 239 | 0 |
| 31 Mar 21 | 1,554 | 206 | 237 | 0 |
| 31 Dec 20 | 1,523 | 173 | 224 | 0 |
| 30 Sep 20 | 1,508 | 196 | 201 | 0 |
| 30 Jun 20 | 1,469 | 177 | 197 | 0 |
| 31 Mar 20 | 1,442 | 43 | 189 | 0 |
| 31 Dec 19 | 1,458 | 77 | 195 | 0 |
| 30 Sep 19 | 1,457 | -10 | 195 | 0 |
| 30 Jun 19 | 1,446 | -25 | 196 | 0 |
| 31 Mar 19 | 1,468 | 89 | 197 | 0 |
| 31 Dec 18 | 1,437 | 86 | 193 | 0 |
| 30 Sep 18 | 1,425 | 86 | 199 | 0 |
| 30 Jun 18 | 1,423 | 73 | 192 | 0 |
| 31 Mar 18 | 1,433 | 72 | 188 | 0 |
| 31 Dec 17 | 1,445 | 80 | 186 | 0 |
| 30 Sep 17 | 1,449 | 159 | 185 | 0 |
| 30 Jun 17 | 1,429 | 140 | 188 | 0 |
| 31 Mar 17 | 1,382 | 129 | 192 | 0 |
| 31 Dec 16 | 1,363 | 117 | 191 | 0 |
| 30 Sep 16 | 1,363 | 1 | 188 | 0 |
| 30 Jun 16 | 1,380 | 7 | 188 | 0 |
| 31 Mar 16 | 1,417 | 12 | 182 | 0 |
| 31 Dec 15 | 1,439 | 16 | 179 | 0 |
| 30 Sep 15 | 1,450 | 126 | 170 | 0 |
| 30 Jun 15 | 1,447 | 121 | 166 | 0 |
| 31 Mar 15 | 1,440 | 118 | 171 | 0 |
| 31 Dec 14 | 1,436 | 116 | 171 | 0 |
| 30 Sep 14 | 1,412 | 105 | 176 | 0 |
| 30 Jun 14 | 1,398 | 104 | 180 | 0 |
| 31 Mar 14 | 1,399 | 102 | 178 | 0 |
| 31 Dec 13 | 1,388 | 101 | 179 | 0 |
Quality Earnings: TXNM has a large one-off gain of $49.8M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: TXNM's current net profit margins (9.2%) are higher than last year (7.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: TXNM has become profitable over the past 5 years, growing earnings by 5% per year.
Accelerating Growth: TXNM's earnings growth over the past year (14.6%) exceeds its 5-year average (5% per year).
Earnings vs Industry: TXNM earnings growth over the past year (14.6%) exceeded the Electric Utilities industry 13.4%.
Return on Equity
High ROE: TXNM's Return on Equity (7.6%) is considered low.