Company / SG&A Expense
TXNM Energy SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$274.5M
FY2025
5-year range
$227.1M / $274.5M
FY2021-FY2025
Trend
+11.1%
vs FY2024
Sector context
#11 of 30
Utilities
What the data says
At $274M, TXNM Energy's sg&a expense ranks #20 of 30 in the Utilities sector. SG&A Expense has increased for 3 consecutive years, from $227M in FY2022 to $274M in FY2025.
Based on SEC 10-K filings.
$274M in FY2025 with a 5-year CAGR of +4.9%.
Increased from $228M to $274M over the past 2 years.
Utilities sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +6.5%
- 5-Year CAGR
- +4.9%
- 10-Year CAGR
- -
Sector benchmark
#20 of 30 in UtilitiesTop 63% of 30This company $274.5M Sector average $418.1M
▼
-34.4% below sector average
Key checks
Key Insights
- TXNM Energy's sg&a expense has grown for 3 consecutive years.
- 5-year CAGR of +4.9%, indicating consistent growth.
- In FY2025, sg&a expense increased 11.1% year-over-year.
- Ranks #11 out of 30 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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $274.5M | +11.1% |
| FY2024 | $247.1M | +8.4% |
| FY2023 | $227.9M | +0.3% |
| FY2022 | $227.1M | -1.4% |
| FY2021 | $230.3M | +6.5% |
| FY2020 | $216.3M | +21.7% |
| FY2019 | $177.8M | -3.8% |
| FY2018 | $184.8M | +3.9% |
| FY2017 | $177.8M | -3.8% |
| FY2016 | $184.8M | +3.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026