TXNM ENERGY INC
TXNM ENERGY INC
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 6 | 18 | 32 | 22 | 6 | 4 | 7 | 3 | 3 | 2 | 8 | 8 | |||||
Accounts Receivable Net Current | 136 | 152 | 191 | 146 | 132 | 130 | 150 | 122 | 105 | 126 | 175 | 121 | |||||
Unbilled Receivables Current | 59 | 68 | 82 | 82 | 58 | 69 | 76 | 77 | 55 | 64 | 68 | 68 | |||||
Other Receivables | 73 | 54 | 42 | 47 | 42 | 37 | 49 | 104 | 40 | 77 | 26 | 31 | |||||
Assets Current | |||||||||||||||||
Assets Current | 562 | 565 | 595 | 574 | 489 | 499 | 496 | 538 | 408 | 476 | 489 | 405 | |||||
Inventory Net | 190 | 181 | 173 | 171 | 168 | 167 | 121 | 115 | 104 | 98 | 83 | 81 | |||||
Regulatory Assets Current | 62 | 42 | 29 | 42 | 41 | 41 | 44 | 59 | 61 | 73 | 99 | 60 | |||||
Prepaid Expense Current | 25 | 29 | 31 | 40 | 26 | 25 | 34 | 30 | 17 | 20 | 22 | 23 | |||||
Income Taxes Receivable | 8 | 8 | 9 | 9 | 7 | 8 | 5 | 6 | 6 | 7 | 2 | 3 | |||||
Other Assets Current | 5 | 12 | 6 | 14 | 8 | 16 | 9 | 22 | 16 | 9 | 6 | 10 | |||||
Other Property And Invest… | |||||||||||||||||
Available For Sale Securities Debt Securities Nonc… | - | - | - | - | - | - | - | - | 448 | 444 | 421 | 433 | |||||
Marketable Securities | 495 | 506 | 494 | 487 | 470 | 476 | 454 | 441 | - | 444 | - | - | |||||
Other Long Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Equity Method Investments | - | - | - | - | - | 0 | 0 | 0 | 0 | 120 | 119 | 106 | |||||
Property Plant And Equipment Other Net | 41 | 41 | 37 | 32 | 29 | 29 | 27 | 27 | 28 | 29 | 30 | 29 | |||||
Property Plant And Equipment And Finance Lease Rig… | - | - | - | - | - | - | - | - | - | 29 | - | - | |||||
Public Utilities Property… | |||||||||||||||||
Debt Current | |||||||||||||||||
Public Utilities Property Plant And Equipment Plan… | 11,686 | 11,592 | 11,109 | 10,965 | 10,800 | 10,698 | 10,232 | 10,028 | 9,808 | 9,701 | 9,345 | 9,224 | |||||
Public Utilities Property Plant And Equipment Accu… | 3,083 | 3,011 | 2,967 | 2,905 | 2,889 | 2,829 | 2,910 | 2,855 | 2,813 | 2,756 | 2,729 | 2,680 | |||||
Construction In Progress Gross | 764 | 653 | 792 | 678 | 637 | 496 | 816 | 727 | 694 | 590 | 717 | 594 | |||||
Nuclear Fuel Net Of Amortization | 78 | 77 | 76 | 77 | 75 | 73 | 74 | 75 | 72 | 75 | 77 | 78 | |||||
Public Utilities Property Plant And Equipment Net | 9,445 | 9,311 | 9,010 | 8,816 | 8,623 | 8,437 | 8,211 | 7,975 | 7,760 | 7,610 | 7,411 | 7,215 | |||||
Other Assets Noncurrent | |||||||||||||||||
Regulatory Assets Noncurrent | 939 | 939 | 953 | 954 | 957 | 962 | 953 | 930 | 931 | 914 | 924 | 932 | |||||
Goodwill | 278 | 278 | 278 | 278 | 278 | 278 | 278 | 278 | 278 | 278 | 278 | 278 | |||||
Operating Lease Right Of Use Asset | 50 | 109 | 320 | 266 | 269 | 273 | 175 | 177 | 179 | 182 | 186 | 50 | |||||
Other Deferred Costs Net | - | - | - | - | - | 258 | - | - | - | 199 | - | - | |||||
Assets | 12,138 | 12,059 | 11,972 | 11,675 | 11,391 | 11,212 | 10,843 | 10,583 | 10,258 | 10,253 | 10,051 | 9,627 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Short Term Borrowings | 263 | 181 | 314 | 346 | 594 | 609 | 459 | 326 | 245 | 262 | 406 | 327 | |||||
Long Term Debt Current | 303 | 303 | 402 | 417 | 672 | 612 | 412 | 241 | 284 | 280 | 502 | 422 | |||||
Accounts Payable Current | 157 | 243 | 154 | 148 | 163 | 204 | 136 | 140 | 133 | 205 | 157 | 148 | |||||
Contract With Customer Liability Current | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 6 | 6 | 6 | 6 | 6 | |||||
Liabilities Current | |||||||||||||||||
Liabilities Current | 1,023 | 1,018 | 1,176 | 1,120 | 1,694 | 1,775 | 1,370 | 1,139 | 1,107 | 1,231 | 1,479 | 1,108 | |||||
Regulatory Liability Current | 14 | 11 | 24 | 22 | 32 | 34 | 48 | 76 | 108 | 140 | 123 | 3 | |||||
Operating Lease Liability Current | 8 | 9 | 15 | 14 | 15 | 14 | 11 | 11 | 12 | 12 | 12 | 9 | |||||
Dividends Payable Current | 47 | 46 | 43 | 0 | 38 | 37 | 35 | 0 | 35 | 35 | 32 | 0 | |||||
Other Liabilities Current | 75 | 78 | 82 | 81 | 71 | 85 | 80 | 114 | 71 | 94 | 90 | 96 | |||||
Long Term Debt Noncurrent | 5,112 | 5,116 | 4,680 | 4,783 | 4,583 | 4,312 | 4,511 | 4,597 | 4,355 | 4,242 | 3,903 | 3,928 | |||||
Deferred Income Tax Liabilities Net | 970 | 961 | 946 | 918 | 910 | 899 | 886 | 854 | 836 | 845 | 859 | 861 | |||||
Regulatory Liability Noncurrent | 774 | 757 | 761 | 751 | 753 | 749 | 775 | 776 | 778 | 771 | 764 | 766 | |||||
Asset Retirement Obligations Noncurrent | 256 | 255 | 248 | 247 | 246 | 245 | 247 | 248 | 247 | 246 | 228 | 228 | |||||
Pension And Other Postretirement Defined Benefit P… | 7 | 7 | 16 | 18 | 21 | 23 | 13 | 16 | 19 | 21 | 28 | 29 | |||||
Operating Lease Liability Noncurrent | 41 | 97 | 300 | 246 | 253 | 255 | 158 | 160 | 166 | 167 | 169 | 35 | |||||
Other Liabilities Noncurr… | |||||||||||||||||
Deferred Credits And Other Liabilities Noncurrent | 430 | 389 | 371 | 364 | 369 | 359 | 363 | 331 | 334 | 319 | 323 | 346 | |||||
Liabilities Other Than Longterm Debt Noncurrent | 2,478 | 2,466 | 2,642 | 2,544 | 2,551 | 2,530 | 2,443 | 2,385 | 2,379 | 2,370 | 2,372 | 2,266 | |||||
Liabilities | 8,613 | 8,600 | 8,499 | 8,447 | 8,828 | 8,617 | 8,324 | 8,120 | 7,841 | 7,842 | 7,753 | 7,302 | |||||
Equity | |||||||||||||||||
Common Stock Value | 2,667 | 2,564 | 2,566 | 2,367 | 1,721 | 1,724 | 1,625 | 1,625 | 1,624 | 1,625 | 1,425 | 1,424 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -26 | -27 | -74 | -75 | -75 | -76 | -73 | -70 | -68 | -63 | -62 | -59 | |||||
Retained Earnings Accumulated Deficit | 824 | 867 | 924 | 879 | 858 | 888 | 909 | 847 | 799 | 787 | 872 | 898 | |||||
Stockholders Equity | 3,514 | 3,448 | 3,461 | 3,217 | 2,504 | 2,536 | 2,508 | 2,452 | 2,356 | 2,399 | 2,286 | 2,314 | |||||
Minority Interest | 49 | 44 | 45 | 46 | 46 | 47 | 48 | 49 | 49 | 50 | 51 | 51 | |||||
Liabilities And Stockholders Equity | 12,138 | 12,059 | 11,972 | 11,675 | 11,391 | 11,212 | 10,843 | 10,583 | 10,258 | 10,253 | 10,051 | 9,627 | |||||
Senior Secured Energy Transition Bonds Series A | 8 | 7 | 0 | 0 | 7 | 7 | 1 | 0 | 6 | 3 | - | - | |||||
Allowance For Doubtful Accounts Receivable Current | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 3 | 5 | 5 | |||||
Common Stock No Par Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Shares Authorized | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 120 | 120 | 120 | 120 | 120 | |||||
Common Stock Shares Issued | 111 | 109 | 109 | 105 | 93 | 93 | 90 | 90 | 90 | 93 | 86 | 86 | |||||
Shares Outstanding | 111 | 109 | 109 | 105 | 93 | 93 | 90 | 90 | 90 | 90 | 86 | 86 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.46% | -3.61% | -3.02% | - | - | - | - | - | - | - | - | - |
| 2025 | 7.18% | 6.37% | 7.96% | 0.77% | 0.49% | 1.23% | 2.25% | 3.43% | 4.15% | -1.61% | -0.08% | 1.11% |
| 2024 | -1.46% | -4.02% | 5.27% | -2.06% | 2.92% | 4.43% | 15.40% | 13.36% | 14.59% | 3.35% | 2.20% | 1.98% |
| 2023 | -6.63% | -7.05% | -5.35% | 0.09% | 1.81% | 1.68% | 0.61% | 0.07% | -13.44% | 1.81% | 0.27% | 6.55% |
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Performance and Valuation Metrics
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Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 0.55 | 0.55 | 0.51 | 0.51 | 0.29 | 0.28 | 0.36 | 0.47 | 0.37 | 0.39 | 0.33 | 0.37 | |||||
| Quick Ratio | 0.34 | 0.35 | 0.33 | 0.32 | 0.17 | 0.17 | 0.25 | 0.34 | 0.26 | 0.29 | 0.26 | 0.27 | |||||
| Working Capital | -460.69M | -452.88M | -580.78M | -546.67M | -1.20B | -1.28B | -873.95M | -600.98M | -699.29M | -755.22M | -989.35M | -703.60M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 2.45 | 2.49 | 2.46 | 2.66 | 3.46 | 3.34 | 3.38 | 3.31 | 3.33 | 3.34 | 3.47 | 3.16 | |||||
| Interest Coverage TTM | 2.12 | 2.14 | 2.06 | 2.11 | 2.48 | 2.68 | 1.48 | 1.06 | 1.05 | 1.22 | 1.92 | 2.70 | |||||
| Debt Ratio | 0.71 | 0.71 | 0.71 | 0.72 | 0.78 | 0.77 | 0.77 | 0.77 | 0.76 | 0.76 | 0.77 | 0.76 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.19 | 0.19 | 0.18 | 0.18 | 0.19 | 0.18 | 0.18 | 0.18 | 0.19 | 0.20 | 0.22 | 0.25 | |||||
| Days Sales Outstanding TTM | 22.38 | 23.78 | 29.48 | 24.09 | 21.48 | 23.76 | 31.12 | 24.05 | 23.34 | 29.17 | 30.79 | 21.34 | |||||
| Receivables Turnover TTM | 16.31 | 15.35 | 12.38 | 15.15 | 16.99 | 15.36 | 11.73 | 15.18 | 15.64 | 12.51 | 11.85 | 17.11 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 0.63 | 0.86 | 1.30 | 1.52 | 1.62 | 2.12 | 1.61 | 0.83 | 0.83 | 1.02 | 2.16 | 2.85 | |||||
| Free Cash Flow Per Share TTM | -11.24 | -12.58 | -12.18 | -14.61 | -14.54 | -14.88 | -14.29 | -12.52 | -11.22 | -11.03 | -10.37 | -8.98 | |||||
| Dividend Per Share TTM | 2.60 | 2.73 | 2.49 | 2.64 | 2.67 | 2.71 | 2.68 | 2.56 | 2.49 | 2.57 | 2.56 | 2.50 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 67.40% | 66.94% | 67.29% | 68.80% | 69.22% | 70.37% | 68.33% | 63.37% | 62.18% | 58.63% | 56.53% | 55.39% | |||||
| Operating Profit Margin TTM | 20.40% | 20.37% | 20.08% | 20.27% | 22.05% | 23.01% | 17.34% | 12.27% | 11.62% | 11.93% | 15.91% | 18.51% | |||||
| Net Profit Margin TTM | 3.24% | 4.05% | 6.64% | 7.20% | 7.50% | 9.75% | 7.65% | 4.06% | 4.10% | 4.53% | 8.83% | 10.56% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 8.46% | 9.86% | 10.65% | 10.23% | 10.10% | 1.65% | -9.35% | -20.80% | -22.03% | -13.80% | -6.80% | 15.87% | |||||
| Net Income Growth (1Y) | -53.20% | -54.42% | -3.94% | 95.72% | 101.21% | 118.88% | -21.50% | -69.56% | -63.91% | -48.20% | 62.00% | 88.39% | |||||
| EPS Growth (1Y) | -60.37% | -59.35% | -19.00% | 84.26% | 95.73% | 108.63% | -25.35% | -71.05% | -65.66% | -48.30% | 62.02% | 88.61% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 89.42 | 66.76 | 42.10 | 35.69 | 31.49 | 21.98 | 25.56 | 41.70 | 41.78 | 37.29 | 18.70 | 14.18 | |||||
| P/B TTM | 1.80 | 1.70 | 1.70 | 1.65 | 1.87 | 1.64 | 1.52 | 1.27 | 1.33 | 1.39 | 1.55 | 1.51 | |||||
| P/S TTM | 2.89 | 2.70 | 2.80 | 2.57 | 2.36 | 2.14 | 1.96 | 1.69 | 1.71 | 1.69 | 1.65 | 1.50 | |||||
| Market Cap | 6.33B | 5.85B | 5.90B | 5.22B | 4.76B | 4.23B | 3.73B | 3.12B | 3.14B | 3.27B | 3.47B | 3.48B | |||||
| Enterprise Value | 12.00B | 11.43B | 11.25B | 10.73B | 10.59B | 9.74B | 9.10B | 8.26B | 8.02B | 8.05B | 8.28B | 8.15B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | -1.23B | -1.28B | -1.31B | -1.40B | -1.35B | -1.35B | -1.29B | -1.13B | -1.02B | -952.07M | -892.65M | -772.70M | |||||
| Net Debt | 5.67B | 5.58B | 5.36B | 5.51B | 5.83B | 5.51B | 5.37B | 5.14B | 4.88B | 4.78B | 4.80B | 4.67B | |||||
Per-Share and Margin | |||||||||||||||||
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| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
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| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
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| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
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| ROA TTM | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
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| PEG Ratio | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
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| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
TXNM ENERGY INC (TXNM) — SEC Financial Statements & Analysis
TXNM ENERGY INC (TXNM) is a electric services company, incorporated in NM. TXNM ENERGY INC trades on NYSE as: TXNM. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), TXNM ENERGY INC reported a 8.46% year-over-year revenue growth, a Gross Profit Margin of 67.40% (TTM), a Debt-to-Equity ratio of 2.45x, a Price-to-Sales (P/S) ratio of 2.89x (TTM), a Price-to-Book (P/B) ratio of 1.80x (TTM), at a market cap of $6.33B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 8.46%
- Gross Profit Margin TTM
- 67.40%
- Debt To Equity
- 2.45x
- P/S TTM
- 2.89x
- P/B TTM
- 1.80x
- Market Cap
- $6.33B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is TXNM ENERGY INC in?
TXNM ENERGY INC (TXNM) operates in the Electric Services industry.
What is TXNM's market cap?
TXNM ENERGY INC (TXNM) has a market capitalization of $6.33B as of 2026-03-31.
What is TXNM's P/E ratio?
TXNM ENERGY INC (TXNM)'s trailing twelve month P/E ratio is 89.42x as of 2026-03-31.
What exchange does TXNM trade on?
TXNM ENERGY INC (TXNM) trades on the NYSE.
Where is TXNM ENERGY INC incorporated?
TXNM ENERGY INC is incorporated in NM.