TXNM Energy, Inc. (TXNM) — Cash Flow Reinvestment Rate

Latest as of June 2026: 3.81x

TXNM Energy, Inc. (TXNM) has a Cash Flow Reinvestment Rate of 3.81x as of June 2026, reinvesting $265.71 Million (capex $264.84 Million plus investments $-869.00K) from operating cash flow of $69.83 Million. See TXNM Energy, Inc. (TXNM) free cash flow to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

3.81x
(Capex + Investments) / Operating CF

Total Reinvested

$265.71 Million
Capex + Investments

Operating Cash Flow

$69.83 Million
USD

Capital Expenditures

$264.84 Million
USD

TXNM Energy, Inc. Cash Flow Reinvestment Rate (2019–2025)

Historical reinvestment intensity for TXNM Energy, Inc. across 7 annual periods. For the full cash flow conversion analysis, see TXNM Energy, Inc. cash conversion from operations.

Annual Cash Flow Reinvestment Rate for TXNM Energy, Inc. (2019–2025)

Year-by-year capital reinvestment analysis for TXNM Energy, Inc.. See TXNM Energy, Inc. free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 2.08x $1.22 Billion $584.49 Million $1.20 Billion ▼ -56.3%
2024 4.77x $2.42 Billion $508.16 Million $1.25 Billion ▲ +21.4%
2023 3.93x $2.16 Billion $551.17 Million $1.08 Billion ▲ +19.6%
2022 3.28x $1.86 Billion $567.28 Million $912.56 Million ▼ -4.7%
2021 3.44x $1.89 Billion $547.87 Million $935.02 Million ▲ +18.4%
2020 2.91x $1.41 Billion $485.70 Million $679.03 Million ▲ +137.5%
2019 1.22x $616.27 Million $503.16 Million $616.27 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow