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
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TXNM Energy, Inc. (TXNM) Operating margin
TXNM Energy, Inc.'s operating margin over the twelve months to 30 September 2026 was 24.4%, up 4.0 percentage points from fiscal 2025 (20.4%). Over the past ten years it has ranged from 8.64% (fiscal 2015) to 23.0% (fiscal 2024); the current reading is higher than 73% of that period. That is above the Utilities Regulated Electric industry median of 21.7% and above the Utilities sector median of 18.7%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 20.4% | (2.64) |
| FY2024 | 23.0% | 11.08 |
| FY2023 | 11.9% | (5.57) |
| FY2022 | 17.5% | 0.19 |
| FY2021 | 17.3% | (1.42) |
| FY2020 | 18.7% | 8.84 |
| FY2019 | 9.89% | (6.54) |
| FY2018 | 16.4% | (5.37) |
| FY2017 | 21.8% | 0.91 |
| FY2016 | 20.9% | 12.25 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 37.0% | 14.49 |
| Jun 2026 | 22.5% | 7.23 |
| Mar 2026 | 15.3% | (2.33) |
| Dec 2025 | 17.6% | (13.77) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| OGE OGE Energy Corporation compare | 25.8% |
| TXNM TXNM Energy, Inc. | 24.4% |
| IDA IDACORP, Inc. compare | 23.5% |
| MGEE MGE Energy Inc. compare | 22.5% |
| PNW Pinnacle West Capital Corporation compare | 20.7% |
| NWE NorthWestern Corporation compare | 18.1% |
| CIG Comp En De Mn Cemig ADS compare | 15.0% |
| POR Portland General Electric Company compare | 14.4% |
| KEP Korea Electric Power Corporation compare | 13.5% |
| Utilities Regulated Electric industry median | 21.7% |
| Utilities sector median | 18.7% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on TXNM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement