YOLFTbeta
TXNM Energy, Inc.

TXNM Energy, Inc.

TXNM · NYSE · Utilities / Utilities - Regulated Electric

58.87USD+0.05 (+0.09%)

Price History

Full chart

Market Stats

Previous Close58.82
Open58.92
Day Range58.73 – 58.92
52-Week Range54.89 – 59.10
Volume2.95M
Market Cap6.42B
P/E (TTM)32.02
Forward P/E17.99
EPS1.82
Dividend Yield2.89%
Beta0.17
50-Day Avg57.85
200-Day Avg58.44

About

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.

Company Details

  • SectorUtilities
  • IndustryUtilities - Regulated Electric
  • CEOMr. Joseph D. Tarry CPA
  • Employees1.75K
  • Headquarters414 Silver Ave. SW, Albuquerque, NM, United States, 87102-3289, USA
  • Websitehttps://www.txnmenergy.com

Leadership

  • Ms. Patricia K. Vincent-CollawnExecutive Chair · b. 1959
  • Mr. Joseph D. Tarry CPAPresident, CEO & Director · b. 1970
  • Mr. Henry E. MonroySenior VP & CFO · b. 1979
  • Ms. Monique M. JacobsonSenior Vice President of Corporate Services · b. 1979
  • Mr. Brian G. Iverson J.D.General Counsel, Corporate Secretary and Senior VP of Regulatory & Public Policy · b. 1963
  • Ms. Sheila MendezVP & Chief Information Officer
  • Ms. Lisa GoodmanVice President of Investor & Community Relations

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.46B1.52B1.78B2.25B1.94B1.97B2.17B
Growth (%)-+4.49%+16.87%+26.40%-13.80%+1.65%+9.86%
Cost of Revenue892.93M938.67M1.15B1.53B1.31B1.16B1.34B
Gross Profit564.58M584.24M625.65M714.73M627.10M810.16M824.79M
Gross Margin38.74%38.36%35.15%31.77%32.34%41.10%38.09%
Operating Expense269.28M297.86M316.30M320.14M323.84M347.70M383.62M
Operating Income295.30M286.38M309.35M394.59M303.26M462.47M441.18M
Operating Margin20.26%18.80%17.38%17.54%15.64%23.46%20.37%
EBITDA494.86M639.95M663.84M682.44M627.71M929.21M940.66M
EBITDA Margin33.95%42.02%37.30%30.34%32.37%47.14%43.44%
Net Income77.89M173.30M196.36M170.06M88.35M242.68M151.36M
Net Income Margin5.34%11.38%11.03%7.56%4.56%12.31%6.99%
Interest Expense121.02M114.39M96.88M127.91M190.35M228.07M335.00M
Interest Expense % of Total Revenue8.30%7.51%5.44%5.69%9.82%11.57%15.47%

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets7.69B8.33B9.02B9.63B10.59B11.55B4.35B
Total Liabilities5.94B6.21B6.78B7.37B8.18B8.95B953.99M
Total Equity1.69B2.06B2.18B2.20B2.36B2.55B3.40B
Cash3.83M47.93M1.10M4.08M2.21M4.50M1.62M
Total Debt3.34B3.46B3.87B4.39B4.99B5.83B2.60M
Net Debt3.33B3.41B3.87B4.39B4.99B5.82B982.00K

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow503.16M485.70M547.87M567.28M551.17M508.16M584.49M
Investing Cash Flow-673.90M-733.80M-952.26M-950.35M-1.09B-1.17B-1.22B
Financing Cash Flow172.45M292.19M357.56M386.04M537.10M684.35M642.52M
Capital Expenditure616.27M679.03M935.02M912.56M1.08B1.25B1.20B
Free Cash Flow-113.11M-193.33M-387.14M-345.27M-524.64M-738.88M-611.43M
Dividends Paid92.93M98.50M112.97M119.84M126.70M140.34M163.37M
FCF to OCF-22.48%-39.80%-70.66%-60.86%-95.19%-145.40%-104.61%
Dividend Paid to FCF-82.16%-50.95%-29.18%-34.71%-24.15%-18.99%-26.72%

Earnings

Report DateMar 31, 1998Jun 30, 1998Sep 30, 1998Dec 31, 1998Mar 31, 1999Jun 30, 1999Sep 30, 1999Dec 31, 1999Mar 31, 2000Jun 30, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Jun 30, 2001Oct 24, 2001Jan 23, 2002Apr 23, 2002Jul 23, 2002Oct 29, 2002Feb 11, 2003Apr 29, 2003Jul 29, 2003Oct 30, 2003Feb 11, 2004Apr 26, 2004Jul 26, 2004Oct 22, 2004Feb 22, 2005Apr 26, 2005Jul 26, 2005Oct 25, 2005Jan 30, 2006May 2, 2006Aug 2, 2006Nov 2, 2006Feb 13, 2007May 7, 2007Aug 2, 2007Nov 1, 2007Feb 11, 2008May 6, 2008Aug 11, 2008Nov 5, 2008Feb 6, 2009May 1, 2009Jul 31, 2009Oct 29, 2009Feb 23, 2010May 7, 2010Aug 6, 2010Oct 29, 2010Mar 1, 2011May 6, 2011Aug 5, 2011Nov 3, 2011Feb 29, 2012May 4, 2012Aug 3, 2012Nov 2, 2012Mar 1, 2013May 6, 2013Aug 2, 2013Nov 1, 2013Feb 28, 2014May 2, 2014Aug 1, 2014Oct 31, 2014Feb 27, 2015May 1, 2015Jul 31, 2015Oct 30, 2015Feb 26, 2016Apr 29, 2016Aug 8, 2016Oct 28, 2016Feb 28, 2017Apr 28, 2017Jul 28, 2017Oct 27, 2017Feb 27, 2018Apr 27, 2018Jul 31, 2018Nov 6, 2018Feb 27, 2019May 7, 2019Aug 2, 2019Nov 1, 2019Feb 28, 2020Apr 13, 2020Jul 31, 2020Oct 30, 2020Feb 26, 2021Apr 30, 2021Jul 30, 2021Oct 28, 2021Feb 3, 2022Apr 28, 2022Aug 4, 2022Nov 4, 2022Feb 24, 2023May 5, 2023Aug 4, 2023Oct 27, 2023Feb 6, 2024Apr 30, 2024Jul 31, 2024Nov 1, 2024Feb 21, 2025May 9, 2025Aug 1, 2025Oct 31, 2025Feb 19, 2026May 1, 2026Jul 31, 2026Oct 30, 2026
EPS Estimate--------------0.610.240.430.170.390.200.410.190.45-0.340.400.450.31-0.190.540.380.440.230.620.510.460.340.440.280.160.010.10-0.07-0.070.120.39-0.13-0.180.51-0.050.150.69-0.110.290.61-0.200.330.670.18-0.370.65-0.180.410.75-0.140.380.73-0.240.450.850.190.210.431.040.170.110.371.270.360.180.481.200.150.220.461.220.160.370.531.350.130.410.561.380.140.400.551.420.300.200.411.440.610.330.571.48
EPS Actual0.340.230.510.290.420.290.350.270.360.300.790.241.070.820.640.130.420.190.390.210.350.290.430.200.410.280.450.300.500.200.460.420.390.250.630.520.390.130.410.110.05-0.090.27-0.120.100.210.63-0.19-0.090.210.63-1.180.040.200.611.250.170.330.690.110.180.380.640.210.160.390.680.240.210.440.76-1.150.130.400.780.310.280.490.930.240.210.531.080.180.130.371.290.360.180.551.400.150.320.551.370.210.500.571.460.150.550.551.540.180.410.601.430.300.190.251.330.480.210.58-
Surprise--------------4.92%-45.83%-2.33%11.76%0.00%5.00%-14.63%52.63%-4.44%-20.59%-30.00%0.00%-3.23%-5.26%-14.81%10.53%-11.36%8.70%1.61%1.96%-15.22%-61.76%-6.82%-60.71%-68.75%-1000.00%170.00%-71.43%242.86%75.00%61.54%-46.54%-16.67%23.53%--20.00%33.33%-11.59%-54.55%13.79%13.11%--10.00%15.15%-4.48%16.67%-5.41%4.62%-16.67%7.32%1.33%--7.14%5.26%6.85%-16.67%8.89%9.41%26.32%0.00%23.26%3.85%5.88%18.18%0.00%1.57%0.00%0.00%14.58%16.67%0.00%45.45%19.57%12.30%31.25%35.14%7.55%8.15%15.38%34.15%-1.79%11.59%28.57%2.50%9.09%0.70%0.00%-5.00%-39.02%-7.64%-20.91%-36.36%1.75%-
Timing--------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursPre-marketAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketAfter-hoursPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap6.42B
Enterprise Value12.36B
Trailing P/E32.02
Forward P/E17.99
PEG Ratio2.55
Price / Sales2.87
Price / Book1.81
EPS1.82
Book Value32.01
Revenue (TTM)2.23B
Gross Profit (TTM)1.33B
EBITDA938.87M
Profit Margin8.77%
Operating Margin22.48%
Return on Equity6.25%
Return on Assets2.26%
Shares Outstanding110.13M
Shares Float81.86M
Beta0.17
Dividend Yield2.89%
Dividend Rate1.69
Payout Ratio65.06%

Analyst Ratings

Buy
Based on 8 analystsTarget 60.70
  • Strong Buy
    3
  • Buy
    1
  • Hold
    4

Ownership Breakdown

Institutions
103.10%
Insiders
0.98%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    13.36M12.27%
  • Blackstone Inc
    8.00M7.34%
  • Balyasny Asset Management LLC
    7.13M6.55%
  • Vanguard Portfolio Management, LLC
    6.55M6.01%
  • Pentwater Capital Management LP
    6.49M5.96%
  • Vanguard Capital Management, LLC
    4.71M4.33%
  • State Street Corp
    3.88M3.57%
  • Geode Capital Management, LLC
    2.79M2.56%
  • Millennium Management LLC
    2.47M2.27%
  • The Goldman Sachs Group Inc
    2.34M2.15%
  • NORGES BANK
    2.26M2.08%
  • UBS Group AG
    2.03M1.86%
  • Cnh Partners, LLC
    1.77M1.62%
  • HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND
    1.52M1.40%
  • Morgan Stanley - Brokerage Accounts
    1.48M1.36%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    3.51M3.40%
  • iShares Core S&P Mid-Cap ETF
    3.49M3.39%
  • iShares Russell 2000 ETF
    2.65M2.57%
  • Vanguard Small Cap Index
    2.55M2.47%
  • Vanguard MStar Small Cap Value Index
    1.62M1.57%

Dividends

20264×
0.42Oct 23, 20260.42Aug 3, 20260.42Apr 27, 20260.42Jan 30, 2026
20254×
0.41Oct 24, 20250.41Aug 8, 20250.41Apr 25, 20250.41Jan 31, 2025
20245×
0.39Oct 28, 20241.15Sep 30, 20240.39Jul 26, 20240.39Apr 25, 20240.39Feb 1, 2024
20234×
0.37Oct 26, 20230.37Aug 10, 20230.37Apr 27, 20230.37Feb 2, 2023
20224×
0.35Oct 26, 20220.35Aug 16, 20220.35Apr 28, 20220.35Feb 11, 2022
20213×
0.33Oct 29, 20210.33Aug 5, 20210.33Apr 29, 2021

Stock Splits

  • Jun 14, 20043:2