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

58.30 0.09 −0.15%
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. (TXNM) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, TXNM Energy, Inc. (TXNM) trades at a EV/EBITDA of 11.2×. Over the past ten years it has ranged from 7.7× (June 2015) to 22.3× (February 2020); the current reading is higher than 31% of that period. That is below the Utilities Regulated Electric industry median of 12.4× and below the Utilities sector median of 12.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 12.3× 15.10%
FY2024 10.7× (20.78%)
FY2023 13.5× 19.58%
FY2022 11.3× (6.98%)
FY2021 12.1× 1.98%
FY2020 11.9× (43.46%)
FY2019 21.0× 67.63%
FY2018 12.6× 30.14%
FY2017 9.6× (0.36%)
FY2016 9.7× (24.99%)

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 11.1× (5.01%)
Jun 2026 11.7× (6.67%)
Mar 2026 12.6× 2.20%
Dec 2025 12.3× (1.11%)
43 more quarters

Against its own ten years

Low 7.7× High 22.3×
Ten-year median 12.0×
Current reading's percentile 31

EV/EBITDA against peers

Company EV/EBITDA
KEP Korea Electric Power Corporation compare 3.6×
CIG Comp En De Mn Cemig ADS compare 5.6×
PNW Pinnacle West Capital Corporation compare 8.6×
POR Portland General Electric Company compare 9.7×
TXNM TXNM Energy, Inc. 11.2×
OGE OGE Energy Corporation compare 11.4×
MGEE MGE Energy Inc. compare 13.3×
NWE NorthWestern Corporation compare 14.8×
IDA IDACORP, Inc. compare 17.0×
Utilities Regulated Electric industry median 12.4×
Utilities sector median 12.3×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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