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

Latest as of March 2026: 2.06x

TXNM Energy, Inc. (TXNM) has a Cash Flow Reinvestment Rate of 2.06x as of March 2026, reinvesting $315.39 Million (capex $312.72 Million plus investments $-2.67 Million) from operating cash flow of $153.19 Million. Check TXNM Energy, Inc. earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

Reinvestment Rate

2.06x
(Capex + Investments) / Operating CF

Total Reinvested

$315.39 Million
Capex + Investments

Operating Cash Flow

$153.19 Million
USD

Capital Expenditures

$312.72 Million
USD

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

Historical reinvestment intensity for TXNM Energy, Inc. across 7 annual periods. Explore TXNM long-term investments to assets to see how much of total assets are deployed in long-term investments.

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

Year-by-year capital reinvestment analysis for TXNM Energy, Inc.. For live market cap and broader valuation context, see how much is TXNM Energy, Inc. worth.

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