TXNM Energy, Inc.

TXNM Utilities Utilities Regulated Electric

TXNM Energy, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.2 billion, up 9.86% from fiscal 2024.

Revenue
+13.3%
EPS
+27.1%
Free cash flow
−2,148.2%
Total debt
+13.3%

Quarter to September 2026, against a year earlier

58.32 0.07 −0.12%
Market cap
$6.4B
P/E
27.3×
Fwd P/E
19.2×
Dividend yield
2.90%
F-score
5/9
Altman Z
0.77
Beneish M
−2.45
Dividend safety
16/100

TXNM Energy, Inc. 10-K filed Feb 27, 2026

Fiscal year 2025 · Period ended Dec 31, 2025 · Filed · accepted 4:31 PM ET · Document on sec.gov · Filing index

What changed

Item 1, Business, against the 10-K filed Feb 28, 2025: 14 added · 2 removed · 28 modified; 5 with only figures updated

  1. Modified · Overview

    TXNM Energy, Inc., formerly PNM Resources, Inc. (“PNMRTXNM”), is a holding company with two regulated electric utilities, PNM and TNMP, serving approximately 834,000842,000 residential, commercial, and industrial customers in New Mexico and Texas. PNMRTXNM was incorporated in the State of New Mexico in 2000. In 2024, PNMR amended its Articles of Incorporation to change its name to TXNM Energy, Inc. (“TXNM”) and its common stock trades on the New York Stock Exchange under the symbol TXNM.