TXNM Q1 2024 Earnings — TXNM Energy, Inc. Revenue & Financial Results | Market Cap Arena

TXNMTXNM Energy, Inc.

$6B

Q1 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$437M-19.7% YoY

Gross Profit

$166M38.1% margin

Operating Income

$85M19.5% margin

Net Income

$47M10.8% margin

EPS (Diluted)

$0.52

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$93M

Free Cash Flow

-$196M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$10.3B

Total Liabilities

$7.8B

Stockholders' Equity

$2.4B

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$437M	$544M	-19.7%
Gross Profit	$166M	$180M	-7.4%
Operating Income	$85M	$99M	-14.2%
Net Income	$47M	$55M	-14.2%