TXNM Energy
TXNM
#2956
Rank
C$6.15 B
Marketcap
$68.21
Share price
0.66%
Change (1 day)
17.80%
Change (1 year)

Operating Margin for TXNM Energy (TXNM)

Operating Margin as of November 2024 (TTM): 4.66%

According to TXNM Energy's latest financial reports and stock price the company's current Operating Margin is 4.66%. At the end of 2023 the company had an Operating Margin of 4.67%.

Operating Margin history for TXNM Energy from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20234.67%-50.3%
20229.39%-31.6%
202113.73%0.58%
202013.65%197.72%
20194.59%-39.59%
20187.59%-51.41%
201715.62%9.1%
201614.32%346.51%
20153.21%-77.05%
201413.97%10.78%
201312.61%-3.26%
201213.04%-29.04%
201118.37%-585.16%
2010-3.79%-165.86%
20095.75%-129.01%
2008-19.82%-701.1%
20073.30%-60.4%
20068.33%71.2%
20054.86%-43%
20048.53%43.69%
20035.94%-29.79%
20028.46%-17.64%
200110.27%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.