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Friday 6 November 2026 Export TXNM’s income statement to Excel — free account

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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Valuation Filings

TXNM Energy, Inc. (TXNM) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, TXNM Energy, Inc. (TXNM) trades at a P/B ratio of 1.7×. Over the past ten years it has ranged from 1.1× (June 2015) to 2.6× (February 2020); the current reading is higher than 32% of that period. That is below the Utilities Regulated Electric industry median of 1.8× and in line with the Utilities sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.7× 0.59%
FY2024 1.7× 22.49%
FY2023 1.4× (25.16%)
FY2022 1.9× 6.44%
FY2021 1.8× (4.28%)
FY2020 1.8× (20.72%)
FY2019 2.3× 24.24%
FY2018 1.9× 3.37%
FY2017 1.8× 16.62%
FY2016 1.6× 10.14%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.7× (4.54%)
Jun 2026 1.8× (4.12%)
Mar 2026 1.8× 5.44%
Dec 2025 1.7× (1.17%)
43 more quarters

Against its own ten years

Low 1.1× High 2.6×
Ten-year median 1.8×
Current reading's percentile 26

P/B ratio against peers

Company P/B ratio
KEP Korea Electric Power Corporation compare 0.4×
CIG Comp En De Mn Cemig ADS compare 1.0×
POR Portland General Electric Company compare 1.3×
PNW Pinnacle West Capital Corporation compare 1.7×
TXNM TXNM Energy, Inc. 1.7×
NWE NorthWestern Corporation compare 1.7×
MGEE MGE Energy Inc. compare 2.0×
OGE OGE Energy Corporation compare 2.0×
IDA IDACORP, Inc. compare 2.1×
Utilities Regulated Electric industry median 1.8×
Utilities sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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