TXNM Energy, Inc. operates as a regulated utility providing electricity generation, transmission, and distribution across New Mexico and Texas. The company serves residential, commercial, and industrial customers through its core business of delivering electric power and related services. Beyond utility operations, the company owns and leases communications equipment, office space, vehicles, energy storage facilities, and real estate supporting its service territory.
The company's business is primarily organized around its regulated electric utility operations in two states. In New Mexico, TXNM generates and distributes electricity to retail customers. In Texas, the company owns and operates regulated transmission and distribution assets. These regulated utility operations constitute the foundation of the company's revenue and cash flows, with earnings derived from rate-regulated service delivery rather than competitive market pricing.
TXNM Energy traces its origins to 1882 and maintains headquarters in Albuquerque, New Mexico. The company was previously known as PNM Resources, Inc., changing its name in August 2024. As a NYSE-listed utility with a market capitalization of $6.4 billion, the company operates with the scale and capital access typical of major regulated electric utilities serving the Southwest region.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2025 | $1.48 | $1.49 | -44.6% | |
| 2024 | $2.67 | $2.67 | +161.8% | |
| 2023 | $1.02 | $1.02 | -48.2% | |
| 2022 | $1.97 | $1.97 | -13.2% | |
| 2021 | $2.27 | $2.28 | +2170.0% | |
| 2020 | $0.10 | $0.11 | -75.0% | |
| 2019 | $0.40 | $0.40 | +158.0% | |
| 2018 | $-0.69 | $-0.70 | -1.5% | |
| 2017 | $-0.68 | $-0.68 | -319.4% | |
| 2016 | $0.31 | $0.32 | +127.0% | |
| 2015 | $-1.15 | $-1.15 | -579.2% | |
| 2014 | $0.24 | $0.24 | +140.0% | |
| 2013 | $0.10 | $0.10 | -9.1% | |
| 2012 | $0.11 | $0.11 | -91.9% | |
| 2011 | $1.35 | $1.36 | +375.5% | |
| 2010 | $-0.49 | $-0.49 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2025-12-31 | 2026-02-27 | 0001108426-26-000006 | SEC ↗ |
| 2024-12-31 | 2025-02-28 | 0001108426-25-000014 | SEC ↗ |
| 2023-12-31 | 2024-02-29 | 0001108426-24-000008 | SEC ↗ |
| 2022-12-31 | 2023-02-28 | 0001108426-23-000006 | SEC ↗ |
| 2021-12-31 | 2022-03-01 | 0001108426-22-000010 | SEC ↗ |
| 2020-12-31 | 2021-03-01 | 0001108426-21-000010 | SEC ↗ |
| 2019-12-31 | 2020-03-02 | 0001108426-20-000014 | SEC ↗ |
| 2018-12-31 | 2019-03-01 | 0001108426-19-000020 | SEC ↗ |
| 2017-12-31 | 2018-03-01 | 0001108426-18-000011 | SEC ↗ |
| 2016-12-31 | 2017-02-28 | 0001108426-17-000006 | SEC ↗ |
| 2015-12-31 | 2016-02-29 | 0001108426-16-000165 | SEC ↗ |
| 2014-12-31 | 2015-02-27 | 0001108426-15-000008 | SEC ↗ |
| 2013-12-31 | 2014-02-28 | 0001108426-14-000016 | SEC ↗ |
| 2012-12-31 | 2013-03-01 | 0001108426-13-000011 | SEC ↗ |
| 2011-12-31 | 2012-02-29 | 0001108426-12-000014 | SEC ↗ |
| 2010-12-31 | 2011-03-01 | 0001193125-11-051990 | SEC ↗ |