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For the year ending 2025-12-31, TXNM made $2,165,606K in revenue. $151,362K in net income. Net profit margin of 6.99%.

Income Overview

Revenue
$2,165,606K
Net Income
$151,362K
Net Profit Margin
6.99%
EPS
$1.48
Unit: Thousand (K) dollars
Revenue Breakdown
    • Total revenues from contracts wi...
    • Alternative revenue programs
    • Other electric operating revenue

Income Statement
2025-12-31
2024-12-31
Electric operating revenues
2,165,606 1,971,199
Regulatory disallowances
-8,980
Cost of energy-Electricity
716,005 -
Administrative and general
274,453 247,116
Cost of energy-Electricity Generation
98,371 -
Regulatory disallowances
-731 -
Depreciation and amortization
425,641 384,925
Transmission and distribution costs
100,794 98,380
Cost of energy and production costs
-677,732
Taxes other than income taxes
109,894 100,580
Total operating expenses
1,724,427 1,517,713
Operating income
441,179 453,486
Interest income
20,065 23,537
Gains on investment securities
34,750 26,851
Other income
29,087 28,621
Other (deductions)
73,546 24,189
Net other income and (deductions)
10,356 54,820
Interest charges
271,522 228,066
Earnings before income taxes
180,013 280,240
Income taxes (benefits)
10,187 21,518
Net earnings
169,826 258,722
(earnings) attributable to valencia non-controlling interest
17,936 16,040
Preferred stock dividend requirements of subsidiary
528 528
Net earnings available for pnm common stock
151,362 242,154
Basic EPS
1.49 2.67
Diluted EPS
1.48 2.67
Basic Average Shares
101,507,000 90,534,000
Diluted Average Shares
102,392,000 90,591,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS).

Time Plot

Show the time plot by selecting a row from the table.

Income Statement

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Public Service CompanyOf New Mexico$1,472,878K Texas New Mexico PowerCompany$664,046K Texas New Mexico PowerCompany$17,270K Public Service CompanyOf New Mexico$4,255K Total revenues fromcontracts with customers$2,136,924K (9.05%↑ Y/Y)Alternative revenueprograms$21,525K (144.19%↑ Y/Y)Public Service CompanyOf New Mexico$7,157K (-75.50%↓ Y/Y)Total revenues fromcontracts with customers$2,136,924K (9.05%↑ Y/Y)Alternative revenueprograms$21,525K (144.19%↑ Y/Y)Other electricoperating revenue$7,157K (157.17%↑ Y/Y)Electric operatingrevenues$2,165,606K (9.86%↑ Y/Y)Gains on investmentsecurities$34,750K (29.42%↑ Y/Y)Other income$29,087K (1.63%↑ Y/Y)Interest income$20,065K (-14.75%↓ Y/Y)Operating income$441,179K (-2.71%↓ Y/Y)Net other income and(deductions)$10,356K (-81.11%↓ Y/Y)Total operatingexpenses$1,724,427K (13.62%↑ Y/Y)Other (deductions)$73,546K (204.05%↑ Y/Y)Regulatory disallowances-$731K (-108.14%↓ Y/Y)Earnings before incometaxes$180,013K (-35.76%↓ Y/Y)Interest charges$271,522K (19.05%↑ Y/Y)Cost ofenergy-Electricity$716,005K Depreciation andamortization$425,641K (10.58%↑ Y/Y)Administrative and general$274,453K (11.06%↑ Y/Y)Taxes other thanincome taxes$109,894K (9.26%↑ Y/Y)Transmission anddistribution costs$100,794K (2.45%↑ Y/Y)Cost ofenergy-Electricity Generation$98,371K (4.93%↑ Y/Y)Net earnings$169,826K (-34.36%↓ Y/Y)Income taxes(benefits)$10,187K (-52.66%↓ Y/Y)Net earningsavailable for pnm common...$151,362K (-37.49%↓ Y/Y)(earnings) attributable tovalencia...$17,936K (11.82%↑ Y/Y)Preferred stock dividendrequirements of subsidiary$528K (0.00%↑ Y/Y)

TXNM ENERGY INC (TXNM)

TXNM ENERGY INC (TXNM)