What is the ROE (Return on Equity) of TXNM Energy this year?
The ROE of TXNM Energy this year is 0.04 undefined.
TXNM Energy ROE 2024
TXNM Energy ROE
0.04
Ticker
TXNM
ISIN
US69349H1077
WKN
529983
In 2024, TXNM Energy's return on equity (ROE) was 0.04, a -51.65% increase from the 0.08 ROE in the previous year.
TXNM Energy Aktienanalyse
What does TXNM Energy do?
PNM Resources is a public energy supply company headquartered in Albuquerque, New Mexico. The company was founded in 1917 and has since had a long history and experience in the power supply sector. The business model of PNM Resources is to supply customers with electricity and gas. The company operates five power plants, including solar, wind, and hydropower, and also offers other services in the energy efficiency sector. The various divisions of PNM Resources include PNM, TNMP, and unregulated. PNM is the main supplier of electricity and gas in New Mexico and operates the power grid in various areas of New Mexico. TNMP is a power provider that operates the power grid in Texas (mainly in the northern region). The unregulated division of PNM Resources is responsible for the development of energy projects and participation in joint ventures. PNM Resources offers its customers a variety of products and services. These include electricity and gas products for residential and business customers, energy efficiency programs tailored to the needs of communities and businesses, and comprehensive support for the construction of renewable energy projects. In addition, the company offers various tariff plans that meet the needs of customers and enable them to save money and choose sustainable energy options. The main focus of PNM Resources is to create a reliable and affordable energy supply that meets the needs of customers while minimizing environmental impact. In 2019, the company announced plans to invest in renewable energy by 2022 to be 100% carbon-free by 2040. PNM Resources also works closely with local communities and organizations to promote energy projects that bring economic and environmentally friendly benefits. Overall, PNM Resources offers a wide range of products and services tailored to the needs of its customers. With a focus on renewable energy and sustainability, the company is committed to providing its customers with a reliable, environmentally friendly, and affordable energy supply. TXNM Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROE Details
Decoding TXNM Energy's Return on Equity (ROE)
TXNM Energy's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.
Year-to-Year Comparison
Analyzing TXNM Energy's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.
Impact on Investments
TXNM Energy's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.
Interpreting ROE Fluctuations
Changes in TXNM Energy’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.
Frequently Asked Questions about TXNM Energy stock
How has the Return on Equity (ROE) of TXNM Energy developed compared to the previous year?
The ROE of TXNM Energy has increased by -51.65% decreased compared to the previous year.
What impact does a high ROE (Return on Equity) have on investors of TXNM Energy?
A high ROE indicates that TXNM Energy generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.
What impact does a low ROE (Return on Equity) have on investors of TXNM Energy?
A low ROE can indicate that TXNM Energy is having difficulties monetizing its investments successfully and can be a negative signal for investors.
How does a change in the ROE (Return on Equity) of TXNM Energy affect the company?
A change in ROE (Return on Equity) of TXNM Energy can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.
How to calculate the ROE (Return on Equity) of TXNM Energy?
The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.
Which factors influence the ROE (Return on Equity) of TXNM Energy?
Some factors that can influence TXNM Energy's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.
What strategic measures can take to improve the ROE (Return on Equity)?
To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.
How much dividend does TXNM Energy pay?
Over the past 12 months, TXNM Energy paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, TXNM Energy is expected to pay a dividend of 1.51 USD.
What is the dividend yield of TXNM Energy?
The current dividend yield of TXNM Energy is .
When does TXNM Energy pay dividends?
TXNM Energy pays a quarterly dividend. This is distributed in the months of November, March, May, August.
How secure is the dividend of TXNM Energy?
TXNM Energy paid dividends every year for the past 25 years.
What is the dividend of TXNM Energy?
For the upcoming 12 months, dividends amounting to 1.51 USD are expected. This corresponds to a dividend yield of 3.51 %.
In which sector is TXNM Energy located?
TXNM Energy is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von TXNM Energy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of TXNM Energy from 8/9/2024 amounting to 0.388 USD, you needed to have the stock in your portfolio before the ex-date on 7/26/2024.
When did TXNM Energy pay the last dividend?
The last dividend was paid out on 8/9/2024.
What was the dividend of TXNM Energy in the year 2023?
In the year 2023, TXNM Energy distributed 1.39 USD as dividends.
In which currency does TXNM Energy pay out the dividend?
The dividends of TXNM Energy are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
Andere Kennzahlen von TXNM Energy
Our stock analysis for TXNM Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TXNM Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.