TXNM Q2 2024 Earnings — TXNM Energy, Inc. Revenue & Financial Results | Market Cap Arena

TXNMTXNM Energy, Inc.

$6B

Q2 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$488M+2.3% YoY

Gross Profit

$189M38.8% margin

Operating Income

$106M21.7% margin

Net Income

$48M9.9% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

+11.7%

Cash Flow

Operating Cash Flow

$77M

Free Cash Flow

-$216M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$10.6B

Total Liabilities

$8.1B

Stockholders' Equity

$2.4B

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$488M	$477M	+2.3%
Gross Profit	$189M	$175M	+8.5%
Operating Income	$106M	$96M	+10.0%
Net Income	$48M	$45M	+6.0%