According to TXNM Energy's latest financial reports and stock price the company's current Operating Margin is 14.21%. At the end of 2024 the company had an Operating Margin of 14.22%.
Year | Operating Margin | Change |
---|---|---|
2024 | 14.22% | 204.53% |
2023 | 4.67% | -50.3% |
2022 | 9.39% | -31.6% |
2021 | 13.73% | 0.58% |
2020 | 13.65% | 197.72% |
2019 | 4.59% | -39.59% |
2018 | 7.59% | -51.41% |
2017 | 15.62% | 9.1% |
2016 | 14.32% | 346.51% |
2015 | 3.21% | -77.05% |
2014 | 13.97% | 10.78% |
2013 | 12.61% | -3.26% |
2012 | 13.04% | -29.04% |
2011 | 18.37% | -585.16% |
2010 | -3.79% | -165.86% |
2009 | 5.75% | -129.01% |
2008 | -19.82% | -701.1% |
2007 | 3.30% | -60.4% |
2006 | 8.33% | 71.2% |
2005 | 4.86% | -43% |
2004 | 8.53% | 43.69% |
2003 | 5.94% | -29.79% |
2002 | 8.46% | -17.64% |
2001 | 10.27% |
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.