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

58.36 0.13 −0.22%
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) Net margin

Alert me on Net margin

TXNM Energy, Inc.'s net margin over the twelve months to 30 September 2026 was 9.85%, up 2.9 percentage points from fiscal 2025 (6.99%). Over the past ten years it has ranged from 1.09% (fiscal 2015) to 12.3% (fiscal 2024); the current reading is higher than 55% of that period. That is below the Utilities Regulated Electric industry median of 13.5% and below the Utilities sector median of 11.6%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 6.99% (5.29)
FY2024 12.3% 7.75
FY2023 4.53% (3.01)
FY2022 7.54% (3.46)
FY2021 11.0% (0.34)
FY2020 11.3% 6.03
FY2019 5.31% (0.65)
FY2018 5.96% 0.43
FY2017 5.53% (3.04)
FY2016 8.57% 7.48

Quarterly newest first

Period Net margin Change (points)
Sep 2026 22.3% 9.30
Jun 2026 13.0% 12.25
Mar 2026 0.74% 2.59
Dec 2025 −1.85% (22.05)
43 more quarters

Against its own ten years

Low 1.09% High 12.3%
Ten-year median 6.99%
Current reading's percentile 72

Net margin against peers

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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