TXNM Energy, Inc. TXNM R2K
Utilities · Utilities - Regulated Electric · United States
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.
READ MORE ›$59.21
+7.49% 1Y
Market & Price
Market Cap
$6.55B
Current Price
$59.21
High / Low (52W)
$59.48 / $54.67
Beta
0.17
Valuation
Stock P/E
41.99
Industry PE
19.80
Forward P/E
17.97
PEG Ratio
2.95
Book Value
$31.25
Price to Book
1.89
P/S
3.00
EV/EBITDA
14.04
Dividend Yield
2.85%
Profitability & Returns
ROCE
4.09%
ROE
5.41%
ROA
2.06%
Profit Margin
6.68%
Op Margin
15.25%
EPS (Latest Qtr)
$0.03
EPS (TTM)
$1.41
Balance Sheet & Liquidity
Debt/Equity
1.64
Quick Ratio
0.28
Current Ratio
0.55
Debt
$5.77B
Total Assets
$12.06B
Current Assets
$564.66M
Working Capital
$-452.88M
Ownership
Promoter Holding
0.95%
Chg in Prom Hold
-
FII / Inst Holding
103.21%
Chg in FII Hold
-0.04%
Financial Snapshot
Enterprise Value
$12.37B
Total Revenue (TTM)
$2.19B
EBITDA
$881.36M
Free Cash Flow
$-634.12M
Operating Cash Flow
$596.42M
Shares Outstanding
110.71M
Gross Margin
58.28%
Payout Ratio
116.67%
Growth (CAGR)
Revenue 5Y
-1.26%
Profit 5Y
-3.70%
Revenue (YoY)
4.60%
Earnings (YoY)
-68.70%
PROS
- Attractive dividend yield of 2.85%.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -1.3% CAGR over 5 years.
- Earnings shrank at -3.7% CAGR over 5 years.
* The pros and cons are auto-generated from financial metrics.
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
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
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 | 59.21 | 41.99 | $6.55B | 2.85% | 4.09% | 5.41% | -1.26% | -3.70% |
| 2 | NEE NextEra Energy, Inc. SPX | 87.01 | 22.08 | $181.47B | 2.86% | 4.79% | 10.32% | 9.36% | 18.12% |
| 3 | SO The Southern Company SPX | 92.05 | 23.54 | $103.77B | 3.30% | 5.93% | 10.99% | 0.31% | 7.09% |
| 4 | DUK Duke Energy Corporation SPX | 122.73 | 18.88 | $95.68B | 3.47% | 5.35% | 9.66% | 3.87% | 24.90% |
| 5 | AEP American Electric Power Company, Inc. NDXSPX | 126.67 | 18.74 | $68.92B | 3.00% | 5.68% | 12.58% | 3.66% | 15.77% |
| 6 | D Dominion Energy, Inc. SPX | 66.94 | 19.75 | $58.87B | 3.99% | 5.34% | 9.79% | 5.80% | 36.03% |
| 7 | SRE Sempra SPX | 89.13 | 30.32 | $58.26B | 2.95% | 3.04% | 5.69% | -1.73% | -4.95% |
| 8 | VST Vistra Corp. SPXAI | 160.23 | 26.79 | $54.03B | 0.57% | 7.08% | 42.90% | 8.92% | 58.98% |
| 9 | ETR Entergy Corporation SPX | 109.05 | 27.89 | $49.93B | 2.35% | 5.63% | 10.75% | -2.02% | 17.36% |
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Quarterly Results
Figures in USD.
| Metric | 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 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 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 | - | - | 482.79M | 502.42M | 647.16M | 533.23M | 504.98M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 193.73M | 193.70M | 216.21M | 210.73M | 190.90M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 237.10M | 154.24M | 170.19M | 269.22M | 186.71M | 181.63M | 177.18M | 175.93M | 198.50M | - | - | 289.06M | 308.72M | 430.95M | 322.50M | 314.09M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 217.18M | 236.02M | 228.81M | 228.78M | 237.08M |
| Operating Income | 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 | - | - | 71.89M | 72.70M | 202.14M | 93.72M | 77.01M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 191.67M | 220.30M | 351.25M | 171.70M | 202.02M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 63.55M | 72.01M | 70.15M | 65.81M | 68.59M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.81M | 27.34M | 155.25M | -16.39M | 8.00M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02M | 1.33M | 18.95M | -11.11M | -9.00K |
| Net Income | 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 | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.05M | 21.71M | 130.84M | -9.71M | 3.87M |
| Diluted EPS | 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 | - | 2.25B | 1.94B | 1.97B | 2.17B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.14B | 893.87M | 677.73M | 814.38M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | 606.73M | - | 1.11B | 1.05B | 1.29B | 1.35B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 719.67M | 742.06M | 831.00M | 910.78M |
| 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 | - | 394.59M | 303.26M | 462.47M | 440.45M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 680.34M | 634.58M | 931.32M | 934.91M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 127.91M | 190.35M | 228.07M | 271.52M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 211.31M | 90.53M | 280.24M | 180.01M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 26.13M | -16.35M | 21.52M | 10.19M |
| Net Income | -270.64M | 124.32M | -45.22M | 176.36M | 105.55M | 100.51M | 116.25M | 15.64M | 116.85M | 79.87M | - | - | - | - | 170.06M | 88.35M | 242.68M | 151.89M |
| 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 | - |
Compounded Sales Growth
| 5 Years: | -1.26% |
| 1 Year: | 4.60% |
Compounded Profit Growth
| 5 Years: | -3.70% |
| 1 Year: | -68.70% |
Stock Price Performance
| 1 Year: | +7.49% |
| 6 Months: | +3.58% |
| 3 Months: | +1.05% |
| 1 Month: | +0.59% |
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 | - | 9.26B | 10.25B | 11.21B | 12.06B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 410.98M | 475.54M | 498.84M | 564.66M |
| 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 | - | 4.08M | 2.21M | 4.50M | 18.26M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 66.73M | 98.03M | 166.86M | 181.32M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 183.67M | 126.29M | 130.35M | 151.80M |
| 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 | - | 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 | - | 890.37M | 1.23B | 1.78B | 1.02B |
| 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 | - | 3.89B | 4.24B | 4.31B | 5.12B |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.37B | 4.96B | 5.80B | 5.71B |
| Total Equity | - | - | 1.65B | 1.54B | 1.57B | 1.61B | 1.67B | 1.72B | 1.65B | 1.68B | 1.70B | 1.69B | 1.68B | 2.05B | - | 2.20B | 2.36B | 2.55B | 3.42B |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 85.83M | 90.20M | 92.66M | 108.92M |
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 | - | 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 | - | -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 | - | 386.04M | 537.10M | 684.35M | 642.52M |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -912.56M | -1.08B | -1.25B | -1.20B |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -345.27M | -524.64M | -738.88M | -611.43M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.97M | -135.00K | 18.14M | 9.87M |
| 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% | - | 49.5% | 53.9% | 65.6% | 62.4% |
| Operating Margin % | - | - | - | - | - | - | - | - | 22.3% | 23.8% | 17.4% | 10.5% | 18.9% | - | 17.5% | 15.6% | 23.5% | 20.3% |
| Net Margin % | - | - | - | - | - | - | - | - | 9.1% | 6.0% | - | - | - | - | 7.6% | 4.6% | 12.3% | 7.0% |
| ROE % | - | 7.5% | -2.9% | 11.2% | 6.6% | 6.0% | 6.8% | 0.9% | 7.0% | 4.7% | - | - | - | - | 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% | - | 4.7% | 3.4% | 4.9% | 4.0% |
Shareholding Pattern
Insiders
0.95%
Institutions
103.21%
Public Float
104.20%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 12.07% | 13.36M | $791.09M |
| 2 | Blackstone Inc | 7.23% | 8.00M | $473.68M |
| 3 | Balyasny Asset Management LP | 6.44% | 7.13M | $422.38M |
| 4 | Vanguard Portfolio Management LLC | 5.92% | 6.55M | $387.82M |
| 5 | Vanguard Capital Management LLC | 4.26% | 4.71M | $279.16M |
| 6 | State Street Corporation | 3.51% | 3.88M | $229.93M |
| 7 | Millennium Management Llc | 3.19% | 3.53M | $208.98M |
| 8 | HBK Investments L P | 2.75% | 3.04M | $180.05M |
| 9 | Pentwater Capital Management Lp | 2.53% | 2.80M | $165.79M |
| 10 | Geode Capital Management, LLC | 2.52% | 2.79M | $165.28M |
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Analyst aggregate. Targets and ratings update periodically; not investment advice.
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