TXNM ENERGY INC Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Txnm Energy Inc quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Txnm Energy Inc Operating Margin for the quarter ending June 30, 2024 was 12.3 %, a 33.7% decline year-over-year.
  • Txnm Energy Inc annual Operating Margin for 2023 was 11.9 %, a 31.8% decline from 2022.
  • Txnm Energy Inc annual Operating Margin for 2022 was 17.5 %, a 1.1% increase from 2021.
  • Txnm Energy Inc annual Operating Margin for 2021 was 17.3 %, a 7.58% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 11.9 -5.57 -31.8% Jan 1, 2023 Dec 31, 2023
2022 17.5 +0.19 +1.1% Jan 1, 2022 Dec 31, 2022
2021 17.3 -1.42 -7.58% Jan 1, 2021 Dec 31, 2021
2020 18.7 +8.84 +89.4% Jan 1, 2020 Dec 31, 2020
2019 9.89 -6.54 -39.8% Jan 1, 2019 Dec 31, 2019
2018 16.4 -5.37 -24.6% Jan 1, 2018 Dec 31, 2018
2017 21.8 +0.91 +4.36% Jan 1, 2017 Dec 31, 2017
2016 20.9 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.