profit from every $100 of sales.
$0$100
TXNM Energy
$58.87+0.09% today
+2.3% in 1 year
1-year low $56.401-year high $59.48
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $42.68 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What TXNM Energy sold, what it kept, and what it did with the cash.
Sales went from $2.25 billion in 2022 to $2.17 billion in 2025, with $152 million of profit last year.
SalesProfit
TXNM Energy vs. similar companies
TXNM Energy grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| TXNM Energy | 42.7× · Expensive | ||
 Dominion Energy | 19.9× · Fair price | ||
 WEC Energy Group | 24.8× · Fair price | ||
 Public Service Enterprise Group | 17.9× · Fair price | ||
 Ameren | 21.8× · Fair price |
AI analysis
An AI analyst reads TXNM Energy's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,523 | 1,780 | 2,250 | 1,939 | 1,971 | 2,166 | |
| – | – | 1,114 | 1,045 | 1,293 | 1,351 | |
| 285 | 308 | 395 | 303 | 462 | 440 | |
| 637 | 662 | 680 | 635 | 931 | 935 | |
| 173 | 196 | 170 | 88 | 243 | 152 | |
| 2.15 | 2.27 | 1.97 | 1.02 | 2.67 | 1.48 | |
| – | – | 49.5% | 53.9% | 65.6% | 62.4% | |
| 18.7% | 17.3% | 17.5% | 15.6% | 23.5% | 20.3% | |
| 11.3% | 11.0% | 7.6% | 4.6% | 12.3% | 7.0% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 7,940 | 8,667 | 9,257 | 10,253 | 11,212 | 12,059 |
| Cash | 48 | 1 | 4 | 2 | 4 | 18 |
| Total debt | 3,327 | 3,762 | 4,370 | 4,963 | 5,802 | 5,706 |
| Total liabilities | 5,820 | 6,432 | 7,001 | 7,842 | 8,617 | 8,600 |
| 2,049 | 2,168 | 2,203 | 2,361 | 2,548 | 3,416 | |
| 80 | 86 | 86 | 86 | 91 | 102 | |
| 4.7% | 4.5% | 4.1% | 3.0% | 4.8% | 3.9% | |
| 8.4% | 9.0% | 7.7% | 3.7% | 9.5% | 4.4% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 486 | 548 | 567 | 551 | 508 | 584 | |
| 679 | 935 | 913 | 1,076 | 1,247 | 1,196 | |
| -193 | -387 | -345 | -525 | -739 | -611 | |
| Dividends paid | 99 | 113 | 120 | 127 | 140 | 163 |
| 12 | 10 | 8 | 10 | 8 | 12 | |
| 8 | 9 | 8 | 7 | 9 | 9 |
Valuation
- 42.7×
- 20.1×
- –
- 1.6×
- 3.0×
- –
- 13.0×
- -9.4%
- 2.3%
- 2.8%
Profitability
- 62.4%
- 20.3%
- 7.0%
- 43.4%
- 3.6%
- 2.9%
- 4.4%
- 1.2%
- 4.0%
- –
Growth
- +7.3%
- −7.2%
- +17.2%
- +5.8%
- +2.0%
Financial health
- 0.6×
- 0.18
- 5.1%
- 1.3×
- 0.55
- 0.55
- 0.18
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 19%of 397
Top 45%of 392
Bottom 14%of 363
Top 35%of 397
Bottom 14%of 396
What analysts expect
- Average price target
- $53.31
- Range
- $47.00 – $61.25
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 1, 2026 | 0.21 | 0.30 | −30.6% |
| Feb 27, 2026 | 0.48 | 0.64 | −25.2% |
| Oct 31, 2025 | 1.33 | 0.60 | +120.9% |
| Aug 1, 2025 | 0.25 | 0.46 | −45.7% |
| May 9, 2025 | 0.19 | 0.20 | −5.0% |
| Feb 21, 2025 | 0.30 | 0.30 | +0.0% |
| Nov 1, 2024 | 1.43 | 1.41 | +1.4% |
| Jul 31, 2024 | 0.60 | 0.55 | +9.1% |
2.8%of the share price, paid each year
On $1,000 invested$28a year at today's yield, before tax
+5.8%2020 to 2025
Raised1 yearin a row, in our data
Paid per share, each year
$0.80 in 2015 → $1.63 in 2025
How safe it looks
107.6% of its profit
Room to growStretchedMore than it earns: -26.7%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
34No pass
Benjamin Graham
46No pass
Philip Fisher
35No pass
Peter Lynch
31No pass
Joel Greenblatt
10No pass
Charlie Munger
31No pass
Terry Smith
23No pass
Questions about TXNM Energy
Is TXNM Energy a good stock to buy?
A business with weak numbers, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the TXNM Energy AI analysis
What does TXNM Energy do?
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. It is in Regulated Electric, based in Albuquerque, NM, United States, with 1,755 employees.
Does TXNM Energy pay a dividend?
Yes. At today's price the dividend is 2.8% a year, about 108% of its yearly profit. In 2025 it paid out $163 million in dividends.
Is TXNM Energy stock halal?
No. TXNM Energy does not pass our halal screen: its debt is 88% of its market value, at or above the 33% limit. How we check
How has TXNM Energy stock done over the past year?
Up 2.3% over the past twelve months, to $58.87. It traded between $56.40 and $59.48, close to its high.
Who are TXNM Energy's competitors?
The largest listed companies in the same industry are Dominion Energy, WEC Energy Group, Public Service Enterprise Group and Ameren. The peers table on this page compares their profit, growth and price with TXNM Energy's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.