Financial insights of PNM

MyFinsight

For the quarter ending 2024-06-30, PNM made $488,102K in revenue. $51,964K in net income. Net profit margin of 10.65%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2024-06-30
Electric operating revenues	488,102
Energy costs	179,290
Depreciation and amortization	94,413
Taxes other than income taxes	24,084
Administrative and general	59,581
Transmission and distribution costs	25,051
Total operating expenses	382,419
Operating income (loss)	105,683
Other (deductions)	1,636
Other income	7,688
Gains on investment securities	558
Interest income	4,470
Net other income and deductions	11,080
Interest charges	55,828
Earnings before income taxes	60,935
Income taxes (benefits)	8,971
Net earnings	51,964

Basic eps	0.53
Diluted eps	0.53
Basic average shares	90,504,000
Diluted average shares	90,552,000