TXNM Energy, Inc. (TXNM) — Capital Reinvestment Ratio
Latest as of March 2026:
2.04x
TXNM Energy, Inc. (TXNM) has a Capital Reinvestment Ratio of 2.04x as of March 2026, meaning it reinvests 2% of its operating cash flow ($153.19 Million) in capital expenditures ($312.72 Million). See TXNM free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
2.04x
Capex / Operating Cash Flow
Operating Cash Flow
$153.19 Million
USD
Capital Expenditures
$312.72 Million
USD
Data as of
Mar 2026
Most recent filing
TXNM Energy, Inc. Capital Reinvestment Ratio (2019–2025)
This chart tracks TXNM Energy, Inc.'s Capital Reinvestment Ratio across 7 annual periods.
Annual Capital Reinvestment Ratio for TXNM Energy, Inc. (2019–2025)
Year-by-year Capital Reinvestment Ratio for TXNM Energy, Inc. from 2019 to 2025. For live market cap and broader valuation context, see TXNM Energy, Inc. market cap and net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 2.05x | $584.49 Million | $1.20 Billion | ▼ -16.6% |
| 2024 | 2.45x | $508.16 Million | $1.25 Billion | ▲ +25.7% |
| 2023 | 1.95x | $551.17 Million | $1.08 Billion | ▲ +21.3% |
| 2022 | 1.61x | $567.28 Million | $912.56 Million | ▼ -5.7% |
| 2021 | 1.71x | $547.87 Million | $935.02 Million | ▲ +22.1% |
| 2020 | 1.40x | $485.70 Million | $679.03 Million | ▲ +14.1% |
| 2019 | 1.22x | $503.16 Million | $616.27 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow