TXNM - NYSE

TXNM Energy, Inc.

TXNM·NYSE

$59.28

+0.44%

UtilitiesRegulated Electric

TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment owns and leases communications, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, and nuclear fuel and waste, as well as solar, wind, geothermal, and battery storage energy sources. The TNMP segment provides regulated transmission and distribution services. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company 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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$6.56B

EPS1.6300

P/E Ratio36.37

Earnings Date07/31/2026

4.35B

Assets

-62%

3Y-55.0%

5Y-48.0%

10Y-44.0%

953.99M

Total Liabilities

-89%

3Y-87.0%

5Y-85.0%

10Y-84.0%

3.40B

Total Equity

31%

3Y+51.0%

5Y+61.0%

10Y+94.0%

TXNM Energy, Inc. Funding & Solvency Profile

TXNM · NYSE

Current Assets

Cash & Cash Equivalents1.62M

Net Receivables0.00

Inventory0.00

Other Current Assets10.95M

Total Current Assets13 M

Non-Current Assets

Property, Plant & Equipment21.10M

Goodwill & Intangible Assets0.00

Long-Term Investments0.00

Other Non-Current Assets4.31B

Total Non-Current Assets4 B

Total Assets

4.35B

Financial Health Analysis

Current Ratio

0.19x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

0.28x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

-54216000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

0% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Conservative with tight liquidity: Low debt is positive, but current ratio warrants attention. Consider whether the company is efficiently deploying its equity capital.

TXNM Energy, Inc. Balance Sheet

TXNM • NYSE

TXNM Energy, Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	1.6M	4.5M	2.2M	4.1M	1.1M	47.9M	3.8M
Cash & Short-Term Investments	1.6M	4.5M	2.2M	4.1M	1.1M	47.9M	3.8M
Net Receivables	0.0	244.4M	273.6M	269.8M	204.7M	198.4M	160.4M
Accounts Receivables	0.0	199.5M	190.4M	247.1M	181M	168.9M	143.3M
Other Receivables	0.0	44.9M	83.2M	22.7M	23.7M	29.5M	17.1M
Inventory	0.0	166.9M	98M	66.7M	65.1M	66.4M	77.9M
Prepaids	0.0	25.5M	19.8M	18.5M	37.3M	0.0	0.0
Other Current Assets	10.9M	57.6M	82M	51.9M	16.4M	64.8M	51.8M
Total Current Assets	12.6M	498.8M	475.5M	411M	324.6M	377.5M	294M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	21.1M	8.7B	7.8B	7.1B	6.9B	6.1B	5.6B
Goodwill	0.0	278.3M	278.3M	278.3M	278.3M	278.3M	278.3M
Goodwill & Intangible Assets	0.0	278.3M	278.3M	278.3M	278.3M	278.3M	278.3M
Long-Term Investments	0.0	493.4M	565.9M	508.3M	552.5M	531.1M	454.3M
Tax Assets	0.0	336.4M	338.4M	368.2M	349.2M	393.2M	394.6M
Other Non-Current Assets	4.3B	1.2B	1.1B	1B	653.6M	658.7M	662.4M
Total Non-Current Assets	4.3B	11B	10.1B	9.2B	8.7B	8B	7.4B
Total Assets	4.3B	11.5B	10.6B	9.6B	9B	8.3B	7.7B
LIABILITIES
CURRENT LIABILITIES
Total Payables	0.0	204.5M	205.2M	215.7M	172.6M	169.3M	103.1M
Accounts Payable	0.0	204.5M	205.2M	215.7M	172.6M	169.3M	103.1M
Short Term Debt	2.6M	1.2B	563.1M	442.9M	275.1M	639.4M	706.1M
Other Current Liabilities	64.2M	326.3M	462.5M	231.7M	216.5M	168.9M	158.3M
Total Current Liabilities	66.8M	1.8B	1.2B	890.4M	664.2M	977.7M	967.5M
NON-CURRENT LIABILITIES
Long Term Debt	0.0	4.3B	4.2B	3.9B	3.5B	2.7B	2.5B
Deferred Revenue (Non-Current)	0.0	342.4M	301.7M	326.3M	317.1M	239.3M	178.7M
Deferred Tax Liabilities (Non-Current)	0.0	1.2B	1.2B	1.2B	1.1B	1.1B	1B
Other Non-Current Liabilities	887.2M	1B	1B	1B	1.1B	1.1B	1.1B
Total Non-Current Liabilities	887.2M	7.2B	6.9B	6.5B	6.1B	5.2B	5B
Capital Lease Obligations	0.0	271.8M	184.3M	57.5M	72.1M	97M	0.0
Total Liabilities	954M	9B	8.2B	7.4B	6.8B	6.2B	5.9B
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	11.5M	11.5M	11.5M	11.5M	11.5M	11.5M
Common Stock	2.6B	1.7B	1.6B	1.4B	1.4B	1.4B	1.2B
Retained Earnings	866.9M	887.6M	787.1M	828.9M	810.2M	698.7M	627.5M
Accumulated Other Comprehensive Income/Loss	-26.8M	-75.7M	-62.8M	-66M	-71.9M	-79.2M	-99.4M
Total Stockholders' Equity	3.4B	2.5B	2.4B	2.2B	2.2B	2.1B	1.7B
Total Equity	3.4B	2.6B	2.4B	2.3B	2.2B	2.1B	1.8B
Minority Interest	0.0	46.9M	50M	53M	55.4M	59M	63.1M
SUMMARY
Total Liabilities & Equity	4.4B	11.5B	10.6B	9.6B	9B	8.3B	7.7B
Total Investments	0.0	493.4M	565.9M	508.3M	552.5M	531.1M	454.3M
Total Debt	2.6M	5.8B	5B	4.4B	3.9B	3.5B	3.3B
Net Debt	982K	5.8B	5B	4.4B	3.9B	3.4B	3.3B
Shares Outstanding	108,921,356	108,921,356	108,921,356	108,921,356	108,921,356	108,921,356	108,921,356

SEC Filings

TXNM - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 02, 2026	June 01, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 01, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 01, 2026	May 01, 2026	2026	View Filing
DEF 14A DEF 14A 2025 N/A	April 28, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	March 31, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 03, 2026	March 03, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 03, 2026	March 03, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 27, 2026	February 27, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 27, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	January 02, 2026	January 02, 2026	2026	View Filing

Showing 1 to 10 of 717 filings

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