Company / Gross Profit
TXNM Energy Gross Profit History
FY2020-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
$655.8M
FY2023
5-year range
$648.9M / $740.5M
FY2020-FY2023
Trend
-11.4%
vs FY2022
Sector context
#2 of 3
Utilities
What the data says
$656M in FY2023 with a 3-year CAGR of +2.6%.
Remained stable around $656M over the past 2 years.
Utilities sector context is included.
Gross Profit over time
Growth rates
- 3-Year CAGR
- +2.6%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Key checks
Key Insights
- 3-year CAGR of +2.6%, indicating consistent growth.
- In FY2023, gross profit decreased 11.4% year-over-year.
- Ranks #2 out of 3 companies in the Utilities sector.
Company context
Key Data Points
- Altman Z-Score 0.49 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $655.8M | -11.4% |
| FY2022 | $740.5M | +14.1% |
| FY2021 | $648.9M | +7.0% |
| FY2020 | $606.7M | - |
| FY2019 | - | - |
| FY2018 | - | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026