TXNM Energy, Inc. (TXNM) — Capital Reinvestment Ratio
TXNM Energy, Inc. (TXNM) has a Capital Reinvestment Ratio of 0.98x as of September 2025, meaning it reinvests 1% of its operating cash flow ($282.00 Million) in capital expenditures ($277.31 Million). See TXNM Energy, Inc. balance sheet independence to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
TXNM Energy, Inc. Capital Reinvestment Ratio (2019–2024)
This chart tracks TXNM Energy, Inc.'s Capital Reinvestment Ratio across 6 annual periods. Check total reinvestment intensity of TXNM Energy, Inc. to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for TXNM Energy, Inc. (2019–2024)
Year-by-year Capital Reinvestment Ratio for TXNM Energy, Inc. from 2019 to 2024. For live market cap and broader valuation context, see TXNM market cap.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 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 | — |