TXNM Energy, Inc. (TXNM) Operating margin 2016–2025
TXNM Energy, Inc. (TXNM) operating margin by fiscal year — reported operating income divided by reported revenue.
20.6%FY2025 · since FY2016: 22.3% → 20.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 20.6% | -2.5 pp |
| FY2024 | 23.1% | +11.1 pp |
| FY2023 | 12.1% | -5.4 pp |
| FY2022 | 17.5% | -0.2 pp |
| FY2021 | 17.7% | -1.2 pp |
| FY2020 | 18.9% | +8.4 pp |
| FY2019 | 10.5% | -6.9 pp |
| FY2018 | 17.4% | -6.5 pp |
| FY2017 | 23.8% | +1.6 pp |
| FY2016 | 22.3% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice