TXNM Energy, Inc. TXNM R2K
Company Overview
TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. The company engages in the generation, transmission, and distribution of electricity for retail electric customers; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate. It also provides regulated transmission and distribution services in Texas, as well as owns and leases vehicles, service facilities, and office locations throughout its service territory. It serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. The company was formerly known as PNM Resources, Inc and changed its name to TXNM Energy, Inc. in August 2024. TXNM Energy, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.
Why Investors Should Care
Operating margin of 15.3% supports profitability.
Offers a dividend yield of 2.96%.
Recent Developments
- Dec 2025 Revenue of $2.14B (+9.0% YoY); net profit $151.36M.
- Trailing 12 Months Year-on-year growth — revenue +4.6%, earnings -68.7%.
- 5-Year Trend Long-term compounding — revenue CAGR 5.9%, profit CAGR -2.6%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 5.88% |
| 1 Year: | 4.60% |
Compounded Profit Growth
| 5 Years: | -2.61% |
| 1 Year: | -68.70% |
Stock Price Performance
| 1 Year: | +3.49% |
| 6 Months: | -1.91% |
| 3 Months: | -2.82% |
| 1 Month: | -0.25% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)44.23 · Neutral
P/E of 40.43 is above the sector median of 21.98 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Attractive dividend yield of 2.96%.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Earnings shrank at -2.6% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Utilities).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | TXNM TXNM Energy, Inc. R2K | 57.00 | 40.43 | $6.31B | 2.96% | 4.00% | 5.41% | 5.88% | -2.61% |
| 2 | NEE NextEra Energy, Inc. SPX | 89.54 | 22.73 | $186.75B | 2.90% | 4.36% | 10.32% | 4.12% | 8.76% |
| 3 | SO The Southern Company SPX | 95.96 | 24.54 | $108.18B | 3.23% | 5.25% | 10.99% | 3.71% | 5.23% |
| 4 | DUK Duke Energy Corporation SPX | 126.37 | 19.44 | $98.52B | 3.41% | 4.94% | 9.66% | 5.53% | 6.88% |
| 5 | CEG Constellation Energy Corporation NDXSPXAI | 256.43 | 22.26 | $91.57B | 0.67% | 6.26% | 16.10% | 5.18% | 31.53% |
| 6 | AEP American Electric Power Company, Inc. NDXSPX | 134.94 | 19.96 | $73.42B | 2.94% | 5.68% | 12.58% | 3.66% | 15.77% |
| 7 | D Dominion Energy, Inc. SPX | 71.30 | 21.03 | $62.71B | 3.93% | 4.19% | 9.79% | 0.61% | 0.93% |
| 8 | SRE Sempra SPX | 93.36 | 31.76 | $61.03B | 2.85% | 3.46% | 5.69% | 3.05% | 3.18% |
| 9 | VST Vistra Corp. SPXAI | 158.43 | 26.49 | $53.42B | 0.61% | 7.08% | 42.90% | 8.92% | 58.98% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 297.19M | 326.59M | 392.61M | - | 303.35M | 338.66M | 400.02M | - | 315.70M | 314.92M | 418.67M | - | 322.98M | 343.07M | 455.12M | - | 346.58M | 368.89M | 481.88M | 441.52M | 488.14M | 740.98M | 531.03M | 462.10M | 509.92M | 431.09M | 473.22M | 574.32M | 480.41M | 493.82M | 656.29M | 487.79M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 237.10M | 154.24M | 170.19M | 269.22M | 186.71M | 181.63M | 177.18M | 175.93M | 198.50M | 297.27M | - | - | - | - |
| Operating Income | 49.57M | 72.41M | 121.50M | -119.14M | 41.51M | 64.82M | 108.07M | 63.58M | 55.96M | 85.11M | 142.48M | 22.94M | 46.13M | 79.33M | 127.99M | -17.40M | 36.72M | -93.61M | 140.54M | 60.55M | 47.74M | 71.15M | 147.81M | 18.59M | 43.17M | 74.20M | 151.73M | 68.07M | 86.39M | 182.76M | 99.09M | 92.33M | 86.65M | 80.59M | 105.68M | 191.08M | 71.89M | 72.70M | 202.87M | 77.01M |
| Net Income | 14.34M | 31.67M | 61.05M | -91.42M | 10.55M | 27.08M | 54.42M | 24.81M | 22.86M | 37.55M | 73.74M | -54.28M | 14.99M | 38.21M | 87.52M | -55.08M | 18.70M | -75.91M | 102.77M | 31.80M | -15.26M | 57.49M | 121.77M | 8.78M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Diluted EPS | 0.18 | 0.40 | 0.76 | -1.15 | 0.13 | 0.34 | 0.68 | 0.31 | 0.29 | 0.47 | 0.92 | -0.68 | 0.19 | 0.48 | 1.09 | -0.69 | 0.23 | -0.95 | 1.28 | 0.40 | -0.19 | 0.72 | 1.52 | 0.10 | 0.20 | 0.62 | 1.32 | 0.19 | 0.18 | 1.42 | 0.64 | 0.53 | 0.44 | 0.52 | 0.53 | 1.45 | 0.10 | 0.22 | 1.22 | 0.03 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 1.28B | 1.32B | 1.36B | 1.38B | 1.51B | 1.74B | 2.25B | 1.91B | 1.96B | 2.14B |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | 606.73M | 648.95M | 740.46M | 655.83M | - | - |
| Operating Income | -229.81M | 191.94M | 239.45M | 257.30M | 273.72M | 286.84M | 299.70M | 124.35M | 284.73M | 315.04M | 236.05M | 144.20M | 285.28M | 308.15M | 393.76M | 231.34M | 453.49M | 441.18M |
| Net Income | -270.64M | 124.32M | -45.22M | 176.36M | 105.55M | 100.51M | 116.25M | 15.64M | 116.85M | 79.87M | 85.64M | 77.36M | 172.78M | 195.83M | 169.53M | 87.82M | 242.15M | 151.36M |
| Diluted EPS | -3.24 | 1.36 | -0.49 | 1.96 | 1.31 | 1.25 | 1.45 | 0.20 | 1.46 | 1.00 | 1.07 | 0.97 | 2.15 | 2.27 | 1.97 | 1.02 | 2.67 | 1.48 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 5.36B | 5.23B | 5.20B | 5.37B | 5.43B | 5.79B | 6.01B | 6.47B | 6.65B | 6.87B | 7.30B | 7.94B | 8.67B | 9.26B | 10.25B | 11.21B | 12.06B |
| Total Equity | 1.69B | 1.84B | 1.65B | 1.54B | 1.57B | 1.61B | 1.67B | 1.72B | 1.65B | 1.68B | 1.70B | 1.69B | 1.68B | 2.05B | 2.17B | 2.19B | 2.35B | 2.54B | 3.40B |
| Cash & Equivalents | 17.79M | 140.64M | 14.64M | 15.40M | 15.09M | 8.98M | 2.53M | 28.27M | 54.22M | 5.52M | 3.97M | 2.12M | 3.83M | 47.93M | 1.10M | 4.08M | 2.21M | 4.50M | 18.26M |
| Long Term Debt | - | - | 1.57B | 1.56B | 1.67B | 1.67B | 1.67B | 1.63B | 1.97B | 2.12B | 2.18B | 2.67B | 2.52B | 2.72B | 3.52B | 3.89B | 4.24B | 4.31B | 5.12B |
| Total Liabilities | - | - | 3.51B | 3.49B | 3.54B | 3.67B | 3.74B | 3.98B | 4.27B | 4.71B | 4.87B | 5.10B | 5.55B | 5.82B | 6.43B | 7.00B | 7.84B | 8.62B | 8.60B |
| Current Liabilities | - | - | 563.27M | 520.12M | 373.27M | 434.10M | 492.67M | 704.09M | 641.12M | 805.11M | 835.64M | 512.45M | 967.48M | 977.66M | 664.21M | 890.37M | 1.23B | 1.78B | 1.02B |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 88.62M | 87.71M | 287.35M | 292.24M | 281.35M | 386.59M | 414.88M | 386.87M | 408.28M | 523.46M | 428.23M | 503.16M | 485.70M | 547.87M | 567.28M | 551.17M | 508.16M | 584.49M |
| Investing Cash Flow | -320.71M | 379.73M | -275.91M | 19.78M | -285.89M | -331.45M | -485.33M | -544.53M | -699.38M | -466.16M | -475.72M | -673.90M | -733.80M | -952.26M | -950.35M | -1.09B | -1.17B | -1.22B |
| Financing Cash Flow | 354.94M | -593.43M | -10.68M | -312.33M | -1.56M | -61.59M | 96.19M | 175.43M | 242.39M | -58.85M | 45.65M | 172.45M | 292.19M | 357.56M | 386.04M | 537.10M | 684.35M | 642.52M |
| Share Buybacks | 1.37M | 0 | 0 | 125.68M | 25.17M | 13.81M | 17.32M | 17.72M | 15.45M | 13.93M | 12.63M | 9.92M | 11.98M | 10.13M | 7.98M | 9.65M | 8.46M | 11.97M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | 40.1% | 37.2% | 32.9% | 34.2% | - | - |
| Operating Margin % | - | - | - | - | - | - | - | - | 22.3% | 23.8% | 17.4% | 10.5% | 18.9% | 17.7% | 17.5% | 12.1% | 23.1% | 20.6% |
| Net Margin % | - | - | - | - | - | - | - | - | 9.1% | 6.0% | 6.3% | 5.6% | 11.4% | 11.2% | 7.5% | 4.6% | 12.4% | 7.1% |
| ROE % | -14.7% | 7.5% | -2.9% | 11.2% | 6.6% | 6.0% | 6.8% | 0.9% | 7.0% | 4.7% | 5.1% | 4.6% | 8.4% | 9.0% | 7.7% | 3.7% | 9.5% | 4.4% |
| ROCE % | - | 4.0% | 5.1% | 5.3% | 5.5% | 5.8% | 5.9% | 2.3% | 5.0% | 5.4% | 3.7% | 2.3% | 4.1% | 3.9% | 4.7% | 2.6% | 4.8% | 4.0% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 12.07% | 13.36M | $760.63M |
| 2 | Blackstone Inc | 7.23% | 8.00M | $455.44M |
| 3 | Balyasny Asset Management LP | 6.44% | 7.13M | $406.11M |
| 4 | Vanguard Portfolio Management LLC | 5.92% | 6.55M | $372.89M |
| 5 | Vanguard Capital Management LLC | 4.26% | 4.71M | $268.41M |
| 6 | State Street Corporation | 3.51% | 3.88M | $221.08M |
| 7 | Millennium Management Llc | 3.19% | 3.53M | $200.94M |
| 8 | HBK Investments L P | 2.75% | 3.04M | $173.12M |
| 9 | Pentwater Capital Management Lp | 2.53% | 2.80M | $159.40M |
| 10 | Geode Capital Management, LLC | 2.52% | 2.79M | $158.92M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for TXNM
New Mexico regulators scrutinize Blackstone-TXNM stock trade in merger review - Utility Dive
<a href="https://news.google.com/rss/articles/CBMitwFBVV95cUxPRmp6X2F5bHRsTXczb2VNQlhIUHBuSDFBbWRNaVdfdE95WDZJaUxyUVpJdGJBMk1jTnJpS0xockl1SHc4dTJmRjRyODhPbV9yVnNHZUk5SHoxeHc1MDB6RTI0TjdiSXdGc3JOb3RWS00wWEEwSnlRM1pvdDBYSEYzVEZJT1NoSTRoaVY2TF…
New Mexico Regulator Orders Blackstone to Unwind TXNM Stock Buy - The Capitol Forum
<a href="https://news.google.com/rss/articles/CBMi8AFBVV95cUxQYlU4UUs5NTdEekp0ZXJxUnVjdDBZbkZDTWRHa0lkLUNEQVNvVXN4bC1WaUFOWXVydXg2V0NJQmFmSG81Uk5STG41UnhxYUJyOFdRbHJUcEJVYzNuTEZndHBZRlVmUFZMejBTVXFhV05qeWtDbE9KdV9IQWR4RGMzWVE4WFF0dG9XbFZITm…
N.M. Regulators Nix TXNM Stock Sale Linked to Blackstone Acquisition - RTO Insider
<a href="https://news.google.com/rss/articles/CBMipAFBVV95cUxQSEhtUlhOZWV5SWJPYTJKQjc5STBCdURDTmotUWhiaHpFR0hFZUJGWElyaDFWbWlHR3E2OXJlQmN2aDkxN21TQVdjVVdOZUl1YmtfZjluemRVZUM3dnRHNkpkZ2lKZ2FvdXB4eXNGX2otZEFETmNCUThkX0dBR1IzMmYyMnJyZDNNUF9maT…
New Mexico regulatory staff finds $400M stock sale between PNM, private equity violated state law - Source New Mexico
<a href="https://news.google.com/rss/articles/CBMixwFBVV95cUxPX2VCODhnRnBRTHF5VktzRXlmbmhvdWpoY0ZNYnVxUWpNZTVrVXJsZ0t1R3YtZWdVZWpvRjRubWZnVlB1MVUyMXJkTkNGMng5bzVGbGdGczczQUNCU0UyY29tbkd3X0JNdkJTNmt2SkRGNTU4ZFFKajd1eERMUjRRVV9ILWVvVXlEdFQyRU…
New Mexico regulators order Blackstone, TXNM to unwind $400 million stock sale - Albuquerque Journal
<a href="https://news.google.com/rss/articles/CBMivAFBVV95cUxQQklHUV9JdElYVk4xYTFOUlh6M2tOMC1sSGNFUzJIODRZSl9ORlFBVkFkNnhCaDJndUl3ZnRuN3dsdzJ5bFNWcHQ0R1lpdlJhLVlONDhlbS1uby13UmxpLTBZNVM0MWhJcHNlcXRFbU9DaFEyV2dnM2VuQ0wyaXpNOXhvMTVpekN0QWp2aD…
TXNM Energy Reports First Quarter 2026 Results - PR Newswire
<a href="https://news.google.com/rss/articles/CBMipAFBVV95cUxQVnh2TEZkY3FROXlEZDUwQzgwUWx2M0Q2ZXRsNy10eVVBMzJINW95OWY4Q0U1LTJ3cktyUDA3aEhTOHc5cmRpajQ4ZW1CXzNkbEZheDlvNGdxNFJHS2NtNUF2dmlVaTlBRXh0ZlppMHkyY0xwV1JIbDFDTGlXUzdtWGktdHg0VHFSVzFsNS…
TXNM — Frequently Asked Questions
What is the current share price of TXNM Energy, Inc. (TXNM)?
As of 2026-07-14 21:23 PDT, TXNM Energy, Inc. (TXNM) trades at $57.00 on NYSE. Its 52-week range is $55.06 to $59.48.
What is the market capitalisation of TXNM?
TXNM Energy, Inc. (TXNM) has a market capitalisation of $6.31B on NYSE.
What is the P/E ratio of TXNM?
TXNM trades at a trailing price-to-earnings (P/E) ratio of 40.43. The industry average P/E is 21.98. Its price-to-book (P/B) ratio is 1.83.
Does TXNM pay a dividend?
TXNM Energy, Inc. (TXNM) currently offers a dividend yield of 2.96%.
What is the return on equity (ROE) of TXNM?
TXNM has a return on equity (ROE) of 5.41%. Its return on capital employed (ROCE) is 4.00%.
Is TXNM a good stock to buy?
This page provides a data-driven analysis of TXNM Energy, Inc. (TXNM), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.