txnm energy - TXNM

TXNM

Close Chg Chg %
59.08 -0.13 -0.22%

Closed Market

58.95

-0.13 (0.22%)

Volume: 741.89K

Last Updated:

Jan 9, 2026, 3:59 PM EDT

Company Overview: txnm energy - TXNM

TXNM Key Data

Open

$59.17

Day Range

58.95 - 59.17

52 Week Range

45.83 - 59.18

Market Cap

$6.44B

Shares Outstanding

108.92M

Public Float

107.77M

Beta

0.17

Rev. Per Employee

N/A

P/E Ratio

34.49

EPS

$1.71

Yield

275.66%

Dividend

$0.42

EX-DIVIDEND DATE

Jan 30, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

847.64K

 

TXNM Performance

1 Week
 
-0.17%
 
1 Month
 
0.24%
 
3 Months
 
4.12%
 
1 Year
 
26.77%
 
5 Years
 
21.05%
 

TXNM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 4
Full Ratings ➔

About txnm energy - TXNM

TXNM Energy, Inc. operates as an investor-owned holding company, which provides electricity and electric services in New Mexico and Texas. It operates through the following segments: Public Service Company of New Mexico (PNM), Texas-New Mexico Power Company (TNMP), and Corporate and Other. The PNM segment includes the retail electric utility operations of the company. The TNMP segment provides transmission and distribution services of electricity in Texas. The Corporate and Other segment consists of holding company activities. The company was founded in 2000 and is headquartered in Albuquerque, NM.

TXNM At a Glance

TXNM Energy, Inc.
414 Silver Avenue SW
Albuquerque, New Mexico 87102-3289
Phone 1-505-241-2700 Revenue 1.97B
Industry Electric Utilities Net Income 242.68M
Sector Utilities 2024 Sales Growth 1.65%
Fiscal Year-end 12 / 2025 Employees 1,600
View SEC Filings

TXNM Valuation

P/E Current 34.487
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 18.395
Price to Sales Ratio 2.26
Price to Book Ratio 1.749
Price to Cash Flow Ratio 8.77
Enterprise Value to EBITDA 11.673
Enterprise Value to Sales 5.244
Total Debt to Enterprise Value 0.564

TXNM Efficiency

Revenue/Employee 1,231,999.375
Income Per Employee 151,676.25
Receivables Turnover 8.064
Total Asset Turnover 0.178

TXNM Liquidity

Current Ratio 0.281
Quick Ratio 0.187
Cash Ratio 0.003

TXNM Profitability

Gross Margin 41.10
Operating Margin 23.461
Pretax Margin 14.217
Net Margin 12.311
Return on Assets 2.192
Return on Equity 9.888
Return on Total Capital 2.897
Return on Invested Capital 3.487

TXNM Capital Structure

Total Debt to Total Equity 228.734
Total Debt to Total Capital 69.58
Total Debt to Total Assets 50.467
Long-Term Debt to Equity 180.714
Long-Term Debt to Total Capital 54.724
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Txnm Energy - TXNM

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
1.78B 2.25B 1.94B 1.97B
Sales Growth
+16.87% +26.40% -13.80% +1.65%
Cost of Goods Sold (COGS) incl D&A
1.15B 1.53B 1.31B 1.16B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
320.21M 341.12M 353.69M 423.01M
Depreciation
320.21M 341.12M 353.69M 423.01M
Amortization of Intangibles
- - - -
-
COGS Growth
+22.95% +32.99% -14.51% -11.51%
Gross Income
625.65M 714.73M 627.10M 810.16M
Gross Income Growth
+7.09% +14.24% -12.26% +29.19%
Gross Profit Margin
+35.15% +31.77% +32.34% +41.10%
2021 2022 2023 2024 5-year trend
SG&A Expense
230.29M 227.15M 227.90M 247.12M
Research & Development
- - - -
-
Other SG&A
230.29M 227.15M 227.90M 247.12M
SGA Growth
+6.45% -1.36% +0.33% +8.43%
Other Operating Expense
86.01M 92.99M 95.94M 100.58M
Unusual Expense
1.19M 832.00K 71.92M 8.98M
EBIT after Unusual Expense
308.15M 393.76M 231.34M 453.49M
Non Operating Income/Expense
35.47M (52.44M) 42.68M 52.71M
Non-Operating Interest Income
14.66M 16.09M 21.96M 23.54M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
99.20M 130.01M 183.49M 225.96M
Interest Expense Growth
-15.45% +31.06% +41.14% +23.15%
Gross Interest Expense
99.20M 130.01M 183.49M 225.96M
Interest Capitalized
- - - -
-
Pretax Income
244.43M 211.31M 90.53M 280.24M
Pretax Income Growth
+17.54% -13.55% -57.16% +209.56%
Pretax Margin
+13.73% +9.39% +4.67% +14.22%
Income Tax
32.58M 26.13M (16.35M) 21.52M
Income Tax - Current - Domestic
1.83M 1.60M (2.84M) (1.98M)
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
31.99M 25.71M (12.33M) 23.67M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
1.25M 1.18M 1.18M 170.00K
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
211.85M 185.18M 106.88M 258.72M
Minority Interest Expense
15.49M 15.12M 18.53M 16.04M
Net Income
196.36M 170.06M 88.35M 242.68M
Net Income Growth
+13.30% -13.39% -48.05% +174.69%
Net Margin Growth
+11.03% +7.56% +4.56% +12.31%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
196.36M 170.06M 88.35M 242.68M
Preferred Dividends
528.00K 528.00K 528.00K 528.00K
Net Income Available to Common
195.83M 169.53M 87.82M 242.15M
EPS (Basic)
2.2752 1.9685 1.0176 2.6747
EPS (Basic) Growth
+5.55% -13.48% -48.31% +162.84%
Basic Shares Outstanding
86.07M 86.12M 86.30M 90.53M
EPS (Diluted)
2.2742 1.9674 1.0168 2.673
EPS (Diluted) Growth
+5.70% -13.49% -48.32% +162.88%
Diluted Shares Outstanding
86.11M 86.17M 86.37M 90.59M
EBITDA
629.56M 735.72M 656.96M 885.48M
EBITDA Growth
+4.74% +16.86% -10.71% +34.78%
EBITDA Margin
+35.37% +32.70% +33.88% +44.92%

Snapshot

Average Recommendation HOLD Average Target Price 60.938
Number of Ratings 4 Current Quarters Estimate 0.215
FY Report Date 03 / 2026 Current Year's Estimate 2.953
Last Quarter’s Earnings 0.596 Median PE on CY Estimate N/A
Year Ago Earnings 2.658 Next Fiscal Year Estimate 3.303
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 2 4 4
Mean Estimate 0.21 0.38 2.95 3.30
High Estimates 0.22 0.39 3.10 3.45
Low Estimate 0.21 0.36 2.77 3.10
Coefficient of Variance 5.89 5.60 5.51 5.17

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 0
OVERWEIGHT 0 0 0
HOLD 4 4 4
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Hold Hold Hold

Insider Actions for Txnm Energy - TXNM

Date Name Shares Transaction Value
Dec 19, 2025 Brian G. Iverson Gen Couns, SVP Reg-Pub Policy 8,370 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $58.71 per share 491,402.70
Dec 19, 2025 Joseph D. Tarry President and CEO; Director 54,256 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $58.71 per share 3,185,369.76
Dec 19, 2025 Henry E. Monroy SVP and CFO 9,104 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Dec 19, 2025 Gerald Robert Bischoff VP and Corporate Controller 1,391 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $58.71 per share 81,665.61
Dec 19, 2025 Joseph D. Tarry President and CEO; Director 58,525 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Dec 19, 2025 Patricia K. Vincent-Collawn EXECUTIVE CHAIR; Director 776,877 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Dec 19, 2025 Brian G. Iverson Gen Couns, SVP Reg-Pub Policy 9,080 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Dec 19, 2025 Henry E. Monroy SVP and CFO 8,893 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $58.71 per share 522,108.03
Dec 19, 2025 Gerald Robert Bischoff VP and Corporate Controller 1,680 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Dec 19, 2025 Patricia K. Vincent-Collawn EXECUTIVE CHAIR; Director 764,514 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $58.71 per share 44,884,616.94
Mar 11, 2025 Patricia K. Vincent-Collawn CHAIRMAN AND CEO; Director 45,134 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 11, 2025 Patricia K. Vincent-Collawn CHAIRMAN AND CEO; Director 749,557 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $47.78 per share 35,813,833.46
Mar 11, 2025 Patricia K. Vincent-Collawn CHAIRMAN AND CEO; Director 752,258 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 11, 2025 Elisabeth A Eden SVP & CFO 21,515 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 11, 2025 Elisabeth A Eden SVP & CFO 21,220 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $47.78 per share 1,013,891.60
Mar 11, 2025 Elisabeth A Eden SVP & CFO 21,577 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 11, 2025 Elisabeth A Eden SVP & CFO 21,415 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $47.78 per share 1,023,208.70
Mar 11, 2025 Gerald Robert Bischoff VP and Corporate Controller 1,712 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 11, 2025 Patricia K. Vincent-Collawn CHAIRMAN AND CEO; Director 749,015 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 11, 2025 Elisabeth A Eden SVP & CFO 6,006 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Txnm Energy in the News