TXNM — TXNM Energy, Inc.
NYSE · Utilities · Utilities - Regulated Electric
$57.93
+$0.08 (+0.14%)
TXNM Energy, Inc. (TXNM) is a utilities - regulated electric company listed on NYSE. It is led by Patricia K. Vincent-Collawn, based in 414 Silver Ave. SW, Albuquerque, NM, United States, 87102-3289, with about 1,755 employees. 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.
Latest reported TXNM revenue for 2025-09-30 was $647.2M. Net income was $136.3M. Revenue was up 28.8% from 2025-06-30 to 2025-09-30. TXNM currently screens at market cap $6.32B and trailing P/E 40.5.
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About TXNM Energy, Inc.
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.
TXNM Key Statistics
Market Cap
$6.32B
Volume
637,570
Previous Close
$57.08
Day Range
$57.13 – $57.50
P/E Ratio
40.46
P/B Ratio
1.82
EPS
$2.67
Revenue
$1.97B
Net Income
$258.72M
Gross Profit
$0.00
Free Cash Flow
$0.00
Dividend Yield
2.91%
Revenue Growth
+1.7%
Profit Margin
13.1%
Employees
1,755
TXNM Financials
Annual income statement in USD. Latest reported periods first.
| Line | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|
| Revenue | $1.97B | $1.94B | $2.25B | $1.78B |
| Cost of Revenue | $0.00 | $0.00 | $0.00 | $0.00 |
| Gross Profit | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Net Income | $258.72M | $106.88M | $185.18M | $211.85M |
| EPS (Diluted) | $2.67 | $1.02 | $1.97 | $2.27 |
Total Assets
$11.21B
Total Debt
$0.00
Shareholders' Equity
$0.00
Cash & Equivalents
$4.50M
Operating Cash Flow
$508.16M
Free Cash Flow
$0.00
TXNM Energy, Inc. Company Information
- Executive Chair
- Patricia K. Vincent-Collawn
- Headquarters
- 414 Silver Ave. SW, Albuquerque, NM, United States, 87102-3289
- Website
- www.txnmenergy.com
- Phone
- 505 241 2700
- IPO / Founded
- 1984-08-10
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric