TXNM Energy, Inc. (TXNM)

TXNM Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,971	1,939	2,250	1,780	1,523
Revenue Growth (YoY)	1.65%	-13.80%	26.39%	16.86%	4.49%
Fuel & Purchased Power	583.98	802.26	987.94	644.85	447.24
Selling, General & Admin	247.12	227.9	227.15	230.29	216.33
Depreciation & Amortization	384.93	319.5	304.85	284.11	275.61
Other Operating Expenses	299.84	360.97	338.34	315.99	306.49
Total Operating Expenses	1,516	1,711	1,858	1,475	1,246
Operating Income	455.34	228.57	391.27	304.64	277.34
Interest Expense	-228.59	-190.88	-128.44	-97.41	-114.92
Interest Income	23.54	21.96	16.1	14.66	14.22
Net Interest Expense	-205.06	-168.92	-112.34	-82.74	-100.7
Other Non-Operating Income (Expenses)	2.58	11.11	10.21	5.16	9.19
EBT Excluding Unusual Items	252.86	70.76	289.14	227.05	185.83
Gain (Loss) on Sale of Investments	26.85	19.25	-78.36	16.85	21.6
Pretax Income	279.71	90	210.78	243.9	207.42
Income Tax Expense	21.52	-16.35	26.13	32.58	20.64
Earnings From Continuing Ops.	258.19	106.35	184.65	211.32	186.79
Minority Interest in Earnings	-16.04	-18.53	-15.12	-15.49	-14.01
Net Income	242.15	87.82	169.53	195.83	172.78
Net Income to Common	242.15	87.82	169.53	195.83	172.78
Net Income Growth	175.75%	-48.20%	-13.43%	13.34%	123.33%
Shares Outstanding (Basic)	91	86	86	86	80
Shares Outstanding (Diluted)	91	86	86	86	80
Shares Change (YoY)	4.89%	0.23%	0.07%	7.23%	0.39%
EPS (Basic)	2.67	1.02	1.97	2.28	2.16
EPS (Diluted)	2.67	1.02	1.97	2.27	2.15
EPS Growth	162.37%	-48.30%	-13.28%	5.58%	122.14%
Free Cash Flow	-738.88	-524.64	-345.27	-387.14	-193.33
Free Cash Flow Per Share	-8.16	-6.07	-4.01	-4.50	-2.41
Dividend Per Share	1.570	1.490	1.410	1.330	1.250
Dividend Growth	5.37%	5.67%	6.02%	6.40%	6.16%
Profit Margin	12.29%	4.53%	7.54%	11.00%	11.34%
Free Cash Flow Margin	-37.48%	-27.05%	-15.35%	-21.75%	-12.69%
EBITDA	878.35	582.26	732.4	624.85	592
EBITDA Margin	44.56%	30.03%	32.56%	35.11%	38.87%
D&A For EBITDA	423.01	353.69	341.12	320.21	314.67
EBIT	455.34	228.57	391.27	304.64	277.34
EBIT Margin	23.10%	11.79%	17.39%	17.12%	18.21%
Effective Tax Rate	7.69%	-	12.40%	13.36%	9.95%

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q