TXNM Energy
TXNM
58.51
-0.04
-0.07%
TXNM Energy
US · TXNM
#1865 by market cap
Listed 1970
58.51
-0.04
-0.07%
Live - 5344 symbols - heartbeat 475s ago
· 2026-10-07 19:54
After-hours
58.51
0.00%
- Market cap
- 6.44B
- P/E (TTM)i
- 31.97
- P/Bi
- 1.81
- EPSi
- 1.48
- Div yieldi
- 2.84%
- 52W posi
- 86%
Reader sentiment
Are you bullish or bearish on TXNM?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 0.81, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +9.86% YoY
Margins
- Gross margin
- 62.40%
- Operating margin
- 20.34%
- Net margin
- 6.99%
Key ratios & quality
- Enterprise valuei
- 12.03B
- Altman Z-Scorei
- 0.81
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.44B | 1.46B | 1.52B | 1.78B | 2.25B | 1.94B | 1.97B | 2.17B |
| Gross profit | 887.41M | 902.25M | 937.79M | 991.09M | 1.11B | 1.05B | 1.29B | 1.35B |
| Selling & admin expenses | 188.47M | 189.23M | 216.33M | 230.29M | 227.15M | 227.90M | 247.12M | 274.45M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 301.65M | 295.30M | 286.38M | 309.35M | 394.59M | 303.26M | 462.47M | 440.45M |
| Pretax profit | 109.06M | 66.85M | 207.95M | 244.43M | 211.31M | 90.53M | 280.24M | 180.01M |
| Tax | 7.78M | -25.28M | 20.64M | 32.58M | 26.13M | -16.35M | 21.52M | 10.19M |
| Net profit | 101.28M | 92.13M | 187.32M | 211.85M | 185.18M | 106.88M | 258.72M | 169.83M |
| Basic EPS | 1 | 1 | 2 | 2 | 2 | 1 | 3 | 1 |
| Diluted EPS | 1.07 | 0.97 | 2.15 | 2.27 | 1.97 | 1.02 | 2.67 | 1.48 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 482.79M | 502.42M | 647.16M | 533.23M | 504.98M | 548.55M |
| Gross profit | 289.06M | 308.72M | 430.95M | 322.50M | 314.09M | 359.08M |
| Selling & admin expenses | 86.27M | 102.45M | 68.45M | 69.25M | 92.80M | 90.25M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 71.89M | 72.70M | 202.14M | 93.72M | 77.01M | 123.30M |
| Pretax profit | 13.82M | 27.34M | 155.25M | -16.39M | 8.00M | 87.67M |
| Tax | 1.02M | 1.33M | 18.95M | -11.11M | -9.00K | 12.28M |
| Net profit | 12.80M | 26.01M | 136.30M | -5.29M | 8.01M | 75.39M |
| Basic EPS | 0 | 0 | 1 | 0 | 0 | 1 |
| Diluted EPS | 0.10 | 0.22 | 1.22 | -0.15 | 0.03 | 0.64 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 302.52M | 294.01M | 377.48M | 324.60M | 410.98M | 475.54M | 498.84M | 564.66M |
| Cash & ST investments | 2.12M | 3.83M | 47.93M | 1.10M | 4.08M | 2.22M | 4.50M | 18.26M |
| Inventory | 71.83M | 77.93M | 66.42M | 65.06M | 66.73M | 98.03M | 166.86M | 181.32M |
| Total assets | 6.87B | 7.30B | 7.94B | 8.67B | 9.26B | 10.25B | 11.21B | 12.06B |
| Total current liabilities | 512.45M | 967.48M | 977.66M | 664.21M | 890.37M | 1.23B | 1.78B | 1.02B |
| Short-term debt | 235.90M | 704.44M | 634.98M | 269.26M | 435.57M | 554.34M | 1.24B | 492.91M |
| Long-term debt | 2.67B | 2.52B | 2.72B | 3.52B | 3.89B | 4.24B | 4.31B | 5.12B |
| Total liabilities | 5,101,428,000.00 | 5,545,495,000.00 | 5,819,851,000.00 | 6,432,427,000.00 | 7,000,922,000.00 | 7,842,025,000.00 | 8,616,919,000.00 | 8,599,750,000.00 |
| Total equity | 1.76B | 1.75B | 2.12B | 2.23B | 2.26B | 2.41B | 2.59B | 3.46B |
| Retained earnings | 643.95M | 627.52M | 698.71M | 810.20M | 828.88M | 787.11M | 887.65M | 866.90M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 489.41M | 573.73M | 595.44M | 564.66M | 562.22M | 660.35M |
| Cash & ST investments | 6.05M | 22.17M | 32.07M | 18.26M | 5.62M | 14.59M |
| Inventory | 168.24M | 171.17M | 172.99M | 181.32M | 189.51M | 193.79M |
| Total assets | 11.39B | 11.68B | 11.97B | 12.06B | 12.14B | 12.51B |
| Total current liabilities | 1.69B | 1.12B | 1.18B | 1.02B | 1.02B | 1.18B |
| Short-term debt | 1.28B | 776.04M | 731.48M | 492.91M | 573.67M | 717.93M |
| Long-term debt | 4.58B | 4.78B | 4.68B | 5.12B | 5.11B | 5.19B |
| Total liabilities | 8,828,384,000.00 | 8,446,941,000.00 | 8,498,660,000.00 | 8,599,750,000.00 | 8,613,289,000.00 | 8,893,985,000.00 |
| Total equity | 2.56B | 3.23B | 3.47B | 3.46B | 3.53B | 3.61B |
| Retained earnings | 857.81M | 879.39M | 924.21M | 866.90M | 823.87M | 895.13M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 428.23M | 503.16M | 485.70M | 547.87M | 567.28M | 551.17M | 508.16M | 584.49M |
| Depreciation & amortization | 275.64M | 301.07M | 314.67M | 320.21M | 341.12M | 353.69M | 423.01M | 483.38M |
| Free cash flow | -72.99M | -113.11M | -193.33M | -387.14M | -345.27M | -524.64M | -738.88M | -611.43M |
| Dividends paid | -84.96M | -92.93M | -98.50M | -112.97M | -119.84M | -126.71M | -140.34M | -163.37M |
| Stock buybacks / issuance | 0 | -9.92M | 271.22M | -10.13M | -7.98M | 188.53M | 90.14M | 830.77M |
| Ending cash balance | 2.12M | 3.83M | 47.93M | 1.10M | 4.08M | 3.94M | 22.09M | 31.95M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 141.26M | 3.54M | 282.00M | 157.70M | 153.19M | 69.83M |
| Depreciation & amortization | 114.30M | 120.95M | 125.85M | 122.28M | 125.43M | 127.61M |
| Free cash flow | -201.37M | -262.64M | 4.68M | -152.11M | -159.53M | -195.01M |
| Dividends paid | -37.89M | -37.89M | -43.07M | -44.52M | -46.15M | -46.91M |
| Stock buybacks / issuance | -6.31M | 643.37M | 197.40M | -3.69M | 98.30M | 18.63M |
| Ending cash balance | 15.89M | 37.52M | 39.98M | 31.95M | 11.84M | 26.99M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 5.06 | 4.60 | 9.27 | 9.29 | 7.78 | 3.87 | 9.91 | 5.10 |
| ROA %i | 1.27 | 1.09 | 2.27 | 2.36 | 1.89 | 0.90 | 2.26 | 1.30 |
| ROIC %i | 4.19 | 3.24 | 5.01 | 4.65 | 4.26 | 3.07 | 5.51 | 4.45 |
| 5-year avg ROE %i | 4.92 | 4.47 | 6.14 | 6.59 | 7.20 | 6.96 | 8.02 | 7.19 |
| EBIT margin %i | 16.45 | 12.89 | 21.16 | 19.18 | 15.08 | 14.48 | 25.79 | 20.85 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- | -- | -- |
| Current ratioi | 0.59 | 0.30 | 0.39 | 0.49 | 0.46 | 0.39 | 0.28 | 0.55 |
| Quick ratioi | 0.33 | 0.17 | 0.25 | 0.31 | 0.31 | 0.22 | 0.14 | 0.30 |
| Debt / assetsi | 42.33 | 45.59 | 43.27 | 44.36 | 47.20 | 48.41 | 51.75 | 47.31 |
| LT debt / equityi | 158.15 | 156.25 | 136.66 | 164.96 | 179.47 | 187.67 | 180.07 | 153.14 |
| Interest coveragei | 1.86 | 1.55 | 2.82 | 3.52 | 2.65 | 1.48 | 2.23 | 1.66 |
| Revenue CAGR (3Y) %i | -0.06 | 2.26 | 1.77 | 7.40 | 15.56 | 8.39 | 3.46 | -1.26 |
| Net income CAGR (3Y) %i | 74.68 | -12.78 | 29.18 | 31.59 | 29.73 | -20.12 | 7.32 | -3.70 |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 8.39 | 6.37 | 6.02 | 5.10 | 4.90 | 5.82 |
| ROA %i | 1.88 | 1.59 | 1.55 | 1.30 | 1.24 | 1.62 |
| ROIC %i | 4.85 | 4.55 | 4.61 | 4.45 | 4.38 | 4.64 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 24.50 | 23.47 | 22.88 | 20.85 | 20.60 | 22.76 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 0.29 | 0.51 | 0.51 | 0.55 | 0.55 | 0.56 |
| Quick ratioi | 0.15 | 0.27 | 0.30 | 0.30 | 0.28 | 0.28 |
| Debt / assetsi | 53.70 | 49.72 | 47.71 | 47.31 | 47.18 | 47.49 |
| LT debt / equityi | 193.11 | 158.59 | 145.80 | 153.14 | 148.73 | 146.93 |
| Interest coveragei | 2.08 | 1.88 | 1.82 | 1.66 | 1.63 | 1.86 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Public Service Company of New Mexico (PNM) is the largest reported line at 65.83% of revenue, across 2 reported segments.
- Texas-New Mexico Power Company (TNMP) follows at 34.17%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Public Service Company of New Mexico (PNM)65.83%
Texas-New Mexico Power Company (TNMP)34.17%
Quote time 2026-10-07 19:54:59 · For reference only, not investment advice and not tailored to your situation.