Txnm Energy Inc - Understand $txnm stock

$TXNM Market Cap: $4.477 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$1.906B

TTM

Gross Margin

44.39%

TTM

Net Earnings

$185.3M

TTM

Current Assets

$495.7M

Q3 2024

Current Liabilities

$1.370B

Q3 2024

Current Ratio

36.19%

Q3 2024

Total Assets

$10.84B

Q3 2024

Total Liabilities

$8.324B

Q3 2024

Book Value

$2.520B

Q3 2024

Cash

$7.235M

Q3 2024

P/E

24.16

Nov 29, 2024 EST

Free Cash Flow

-$685.3M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$1.939B	$2.250B	$1.780B	$1.523B	$1.458B	$1.437B	$1.445B	$1.363B	$1.439B	$1.436B	$1.388B	$1.342B	$1.701B	$1.674B	$1.648B	$1.960B	$1.914B	$1.963B	$1.566B	$1.605B	$1.456B	$1.119B	$2.254B	$1.611B	$1.158B	$1.092B	$1.021B	$873.8M	$808.5M	$904.7M	$873.9M	$852.0M	$857.2M	$881.2M	$929.8M	$841.9M	$785.2M	$775.8M	$690.0M	$445.3M	$397.5M
YoY Change	-13.8%	26.39%	16.87%	4.49%	1.46%	-0.58%	6.02%	-5.29%	0.22%	3.45%	3.39%	-21.06%	1.62%	1.56%	-15.91%	2.38%	-2.52%	25.37%	-2.41%	10.24%	30.12%	-50.37%	39.9%	39.21%	5.96%	7.05%	16.79%	8.08%	-10.63%	3.52%	2.57%	-0.61%	-2.72%	-5.23%	10.44%	7.22%	1.21%	12.43%	54.95%	12.03%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$1.939B	$2.250B	$1.780B	$1.523B	$1.458B	$1.437B	$1.445B	$1.363B	$1.439B	$1.436B	$1.388B	$1.342B	$1.701B	$1.674B	$1.648B	$1.960B	$1.914B	$1.963B	$1.566B	$1.605B	$1.456B	$1.119B	$2.254B	$1.611B	$1.158B	$1.092B	$1.021B	$873.8M	$808.5M	$904.7M	$873.9M	$852.0M	$857.2M	$881.2M	$929.8M	$841.9M	$785.2M	$775.8M	$690.0M	$445.3M	$397.5M
Cost Of Revenue							$407.5M	$380.6M	$464.6M	$471.6M	$432.3M	$399.9M	$692.9M															$282.4M	$235.1M	$269.8M	$266.6M	$275.8M	$296.2M	$338.9M	$325.0M	$274.6M	$258.0M	$277.8M	$233.1M	$95.90M	$59.40M
Gross Profit	$655.8M	$740.5M	$648.9M	$606.7M			$1.038B	$982.4M	$974.4M	$964.3M	$955.6M	$942.6M	$1.008B															$591.4M	$573.4M	$634.9M	$607.3M	$576.2M	$561.0M	$542.3M	$604.8M	$567.3M	$527.2M	$498.0M	$456.9M	$349.4M	$338.1M
Gross Profit Margin	33.82%	32.92%	36.46%	39.84%			71.8%	72.08%	67.71%	67.16%	68.85%	70.21%	59.25%															67.68%	70.92%	70.18%	69.49%	67.63%	65.45%	61.54%	65.05%	67.38%	67.14%	64.19%	66.22%	78.46%	85.06%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Selling, General & Admin	$227.9M	$227.1M	$230.3M	$216.3M	$189.2M	$188.5M	$177.8M	$191.5M	$179.1M	$171.1M	$179.2M	$187.7M	$257.8M	$264.6M	$262.3M	$253.3M	$214.6M	$218.3M	$161.2M	$168.1M	$158.7M	$146.2M	$155.4M	$147.3M	$153.7M	$135.7M	$124.6M
YoY Change	0.33%	-1.36%	6.47%	14.32%	0.37%	6.02%	-7.15%	6.92%	4.68%	-4.52%	-4.53%	-27.19%	-2.57%	0.88%	3.55%	18.03%	-1.69%	35.42%	-4.1%	5.92%	8.55%	-5.92%	5.5%	-4.16%	13.26%	8.91%
% of Gross Profit	34.75%	30.68%	35.49%	35.65%			17.14%	19.49%	18.38%	17.74%	18.75%	19.91%	25.58%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$319.5M	$341.1M	$320.2M	$314.7M	$301.1M	$275.6M	$268.2M	$242.0M	$222.9M	$209.9M	$208.2M	$206.5M	$195.4M	$186.1M	$173.4M	$167.1M	$179.4M	$174.0M	$158.2M	$132.5M	$144.9M	$115.4M	$106.8M	$103.8M	$103.9M	$98.20M	$94.90M	$90.50M	$92.60M	$90.70M	$95.40M	$100.5M	$97.20M	$88.90M	$80.30M	$91.10M	$71.90M	$73.50M	$55.40M	$49.00M	$47.20M
YoY Change	-6.34%	6.53%	1.76%	4.52%	9.22%	2.78%	10.81%	8.6%	6.19%	0.81%	0.81%	5.7%	5.0%	7.28%	3.8%	-6.86%	3.1%	9.99%	19.4%	-8.56%	25.56%	8.05%	2.89%	-0.1%	5.8%	3.48%	4.86%	-2.27%	2.09%	-4.93%	-5.07%	3.4%	9.34%	10.71%	-11.86%	26.7%	-2.18%	32.67%	13.06%	3.81%
% of Gross Profit	48.72%	46.07%	49.34%	51.86%			25.85%	24.64%	22.87%	21.76%	21.78%	21.91%	19.39%															15.3%	16.15%	14.29%	15.71%	17.44%	17.33%	16.39%	13.28%	16.06%	13.64%	14.76%	12.13%	14.02%	13.96%
Operating Expenses	$1.636B	$1.855B	$1.471B	$1.237B	$1.162B	$1.135B	$1.098B	$1.069B	$1.147B	$1.135B	$1.090B	$1.069B	$1.422B	$1.434B	$1.428B	$1.937B	$1.789B	$1.714B	$1.443B	$1.457B	$1.309B	$996.0M	$1.943B	$1.425B	$1.013B	$915.5M	$849.0M	$425.3M	$429.8M	$439.6M	$448.3M	$447.3M	$449.9M	$442.4M	$425.6M	$410.0M	$379.9M	$324.3M	$249.9M	$170.6M	$170.6M
YoY Change	-11.81%	26.14%	18.92%	6.4%	2.41%	3.4%	2.69%	-6.83%	1.07%	4.14%	1.99%	-24.84%	-0.85%	0.41%	-26.27%	8.29%	4.41%	18.79%	-1.0%	11.31%	31.43%	-48.73%	36.35%	40.72%	10.6%	7.83%	99.62%	-1.05%	-2.23%	-1.94%	0.22%	-0.58%	1.7%	3.95%	3.8%	7.92%	17.14%	29.77%	46.48%	0.0%
Operating Profit	$231.3M	$393.8M	$308.2M	$285.3M	$144.2M	$236.0M	$315.0M	$284.7M	$124.4M	$299.7M	$286.8M	$273.7M	$257.3M	$239.5M	$191.9M													$166.1M	$143.6M	$195.3M	$159.0M	$128.9M	$111.1M	$99.90M	$179.2M	$157.3M	$147.3M	$173.7M	$207.0M	$178.8M	$167.5M
YoY Change	-41.25%	27.78%	8.02%	97.84%	-38.91%	-25.07%	10.65%	128.97%	-58.51%	4.48%	4.79%	6.38%	7.45%	24.75%														15.67%	-26.47%	22.83%	23.35%	16.02%	11.21%	-44.25%	13.92%	6.79%	-15.2%	-16.09%	15.77%	6.75%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Interest Expense	-$149.1M	$127.9M	$96.88M	$114.4M	$121.0M	$127.2M	$127.6M	$128.6M	$114.9M	$119.6M	$121.4M	$120.8M	$124.8M	$125.4M	$122.2M	-$153.8M	-$57.80M	-$92.30M	-$35.80M	-$10.90M	-$24.40M	-$61.40M	-$64.80M	-$65.40M	-$70.70M	-$63.20M	-$56.20M	-$54.70M	-$57.90M	-$70.60M	-$85.80M	-$73.40M	-$65.70M	-$67.40M	-$75.90M	-$85.70M	-$73.20M	-$83.20M	-$99.80M	-$84.20M	-$75.30M
YoY Change	-216.6%	32.03%	-15.31%	-5.47%	-4.89%	-0.3%	-0.78%	11.99%	-3.98%	-1.5%	0.5%	-3.21%	-0.42%	2.59%	-179.46%	166.09%	-37.38%	157.82%	228.44%	-55.33%	-60.26%	-5.25%	-0.92%	-7.5%	11.87%	12.46%	2.74%	-5.53%	-17.99%	-17.72%	16.89%	11.72%	-2.52%	-11.2%	-11.44%	17.08%	-12.02%	-16.63%	18.53%	11.82%
% of Operating Profit	-64.47%	32.48%	31.44%	40.1%	83.92%	53.91%	40.51%	45.18%	92.37%	39.92%	42.34%	44.15%	48.52%	52.36%	63.67%													-32.93%	-40.32%	-36.15%	-53.96%	-56.94%	-59.14%	-67.47%	-42.35%	-54.48%	-49.69%	-47.9%	-48.21%	-47.09%	-44.96%
Other Income/Expense, Net	$8.335M	$13.88M	$18.56M	$18.73M	$15.33M	$15.70M	$24.25M	$20.52M	$12.73M	$10.48M	$21.55M	$17.64M	$24.72M	$12.66M	$9.361M	-$4.800M	-$4.100M	$6.400M	-$11.30M	-$13.80M	-$35.10M	$23.90M	-$7.400M	$33.90M	$30.20M	$22.70M	$13.20M	$1.300M	$20.10M	-$200.0K	-$108.9M	-$142.8M	-$8.600M	-$24.60M	$5.300M	-$64.30M	$57.90M	$62.10M	$61.00M	$70.50M	$79.60M
YoY Change	-39.95%	-25.21%	-0.92%	22.21%	-2.34%	-35.27%	18.14%	61.25%	21.44%	-51.37%	22.2%	-28.64%	95.22%	35.24%	-295.02%	17.07%	-164.06%	-156.64%	-18.12%	-60.68%	-246.86%	-422.97%	-121.83%	12.25%	33.04%	71.97%	915.38%	-93.53%	-10150.0%	-99.82%	-23.74%	1560.47%	-65.04%	-564.15%	-108.24%	-211.05%	-6.76%	1.8%	-13.48%	-11.43%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$90.53M	$211.3M	$244.4M	$208.0M	$66.85M	$109.1M	$225.8M	$195.2M	$46.15M	$200.6M	$175.1M	$175.0M	$312.5M	-$63.38M	$94.75M	-$388.4M	$63.10M	$164.0M	$76.50M	$123.0M	$87.20M	$85.20M	$239.2M	$154.9M	$104.6M	$136.4M	$128.4M	$112.6M	$105.8M	$124.5M	-$35.80M	-$87.40M	$36.80M	$7.900M	$108.6M	$7.300M	$132.1M	$152.6M	$168.2M	$165.2M	$171.7M
YoY Change	-57.16%	-13.55%	17.54%	211.08%	-38.7%	-51.69%	15.67%	322.88%	-77.0%	14.61%	0.02%	-43.98%	-593.02%	-166.89%	-124.4%	-715.53%	-61.52%	114.38%	-37.8%	41.06%	2.35%	-64.38%	54.42%	48.09%	-23.31%	6.23%	14.03%	6.43%	-15.02%	-447.77%	-59.04%	-337.5%	365.82%	-92.73%	1387.67%	-94.47%	-13.43%	-9.27%	1.82%	-3.79%
Income Tax	-$16.35M	$26.13M	$32.58M	$20.64M	-$25.28M	$7.775M	$130.3M	$63.28M	$15.08M	$69.74M	$59.51M	$54.91M	$121.5M	-$32.26M	$28.82M	-$90.80M	$3.200M	$55.50M	$22.50M	$36.10M	$28.10M	$20.90M	$88.80M	$54.00M	$25.00M	$41.30M	$41.90M	$39.70M	$30.20M	$44.20M	$25.70M	$16.90M	$13.80M	$7.500M	$26.00M	$17.30M	$15.00M	-$6.700M	$21.90M	$32.40M	$31.20M
% Of Pretax Income	-18.06%	12.37%	13.33%	9.92%	-37.82%	7.13%	57.73%	32.42%	32.66%	34.76%	33.99%	31.37%	38.9%		30.41%		5.07%	33.84%	29.41%	29.35%	32.22%	24.53%	37.12%	34.86%	23.9%	30.28%	32.63%	35.26%	28.54%	35.5%			37.5%	94.94%	23.94%	236.99%	11.36%	-4.39%	13.02%	19.61%	18.17%
Net Earnings	$87.82M	$185.2M	$211.8M	$187.3M	$92.13M	$101.3M	$79.87M	$116.8M	$15.64M	$116.3M	$100.5M	$105.5M	$176.4M	-$45.22M	$124.3M	-$270.1M	$75.40M	$121.3M	$68.80M	$87.00M	$95.80M	$64.30M	$150.4M	$100.9M	$83.20M	$82.70M	$81.00M	$72.60M	$75.60M	$80.30M	-$61.50M	-$104.3M	$23.00M	$400.0K	$82.60M	-$230.1M	$95.40M	$151.0M	$146.3M	$132.8M	$140.5M
YoY Change	-52.58%	-12.59%	13.1%	103.31%	-9.04%	26.8%	-31.64%	647.12%	-86.55%	15.67%	-4.78%	-40.15%	-490.05%	-136.37%	-146.03%	-458.22%	-37.84%	76.31%	-20.92%	-9.19%	48.99%	-57.25%	49.06%	21.27%	0.6%	2.1%	11.57%	-3.97%	-5.85%	-230.57%	-41.04%	-553.48%	5650.0%	-99.52%	-135.9%	-341.19%	-36.82%	3.21%	10.17%	-5.48%
Net Earnings / Revenue	4.53%	8.23%	11.9%	12.3%	6.32%	7.05%	5.53%	8.57%	1.09%	8.1%	7.24%	7.86%	10.37%	-2.7%	7.54%	-13.78%	3.94%	6.18%	4.39%	5.42%	6.58%	5.75%	6.67%	6.26%	7.19%	7.57%	7.94%	8.31%	9.35%	8.88%	-7.04%	-12.24%	2.68%	0.05%	8.88%	-27.33%	12.15%	19.46%	21.2%	29.82%	35.35%
Basic Earnings Per Share	$1.02	$1.97	$2.28	$2.16	$0.97	$1.07	$1.00	$1.47	$0.20	$1.46	$1.26	$1.32	$1.98	-$0.49	$1.36
Diluted Earnings Per Share	$1.02	$1.97	$2.27	$2.15	$0.97	$1.07	$1.00	$1.46	$0.20	$1.45	$1.25	$1.31	$1.96	-$0.49	$1.36	-$3.235M	$967.9K	$1.718M	$1.025M	$1.419M	$1.591M	$1.086M	$2.523M	$1.693M	$1.348M	$1.311M	$1.286M	$1.149M	$1.204M	$1.281M	-$980.9K	-$1.663M	$366.8K	$6.380K	$1.317M	-$3.676M	$1.526M	$2.492M	$2.631M	$2.530M	$2.844M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments	$2.215M	$4.078M	$1.104M	$47.90M	$3.800M	$2.100M	$4.000M	$4.500M	$46.10M	$28.30M	$2.500M	$9.000M	$15.10M	$15.40M	$14.70M	$144.1M	$19.50M	$128.5M	$68.70M	$17.20M	$12.70M	$83.30M	$73.50M	$107.7M	$120.4M	$61.30M	$18.20M	$20.30M	$100.2M	$95.60M	$68.40M	$21.30M	$14.80M	$6.000M	$17.80M	$165.0M	$9.600M	$259.4M	$383.7M	$150.2M	$324.2M
YoY Change	-45.68%	269.38%	-97.7%	1160.53%	80.95%	-47.5%	-11.11%	-90.24%	62.9%	1032.0%	-72.22%	-40.4%	-1.95%	4.76%	-89.8%	638.97%	-84.82%	87.05%	299.42%	35.43%	-84.75%	13.33%	-31.75%	-10.55%	96.41%	236.81%	-10.34%	-79.74%	4.81%	39.77%	221.13%	43.92%	146.67%	-66.29%	-89.21%	1618.75%	-96.3%	-32.4%	155.46%	-53.67%
Cash & Equivalents	$2.215M	$4.078M	$1.104M	$47.90M	$3.800M	$2.100M	$4.000M	$4.500M	$46.10M	$28.30M	$2.500M	$9.000M	$15.10M	$15.40M	$14.60M	$140.6M	$17.80M	$123.4M	$68.20M	$17.20M	$12.70M	$3.700M	$28.40M	$107.7M	$120.4M	$61.30M	$8.700M	$11.10M	$4.200M	$21.00M	$20.50M	$21.10M	$10.70M	$4.600M	$6.700M	$1.400M	$2.300M	$3.600M	$8.000M	$9.400M	$5.200M
Short-Term Investments															$100.0K	$3.500M	$1.700M	$5.100M	$500.0K	$0.00	$0.00	$79.60M	$45.10M	$0.00			$9.500M	$9.100M	$96.00M	$74.50M	$47.90M	$200.0K	$4.100M	$1.400M	$11.10M	$163.6M	$7.400M	$255.9M	$375.8M	$140.8M	$319.0M
Other Short-Term Assets	$165.8M	$133.8M	$111.5M	$120.3M	$109.3M	$116.4M	$105.4M	$140.8M	$139.0M	$181.3M	$180.6M	$131.7M	$139.5M	$220.7M	$199.4M	$317.3M	$281.6M	$315.8M	$236.1M	$160.0M	$137.2M	$122.3M	$106.1M	$59.00M	$29.00M	$20.30M	$4.500M	$6.600M	$7.200M	$9.500M	$11.30M	$7.000M	$8.100M	$7.800M	$7.100M	$13.90M	$193.8M	$8.200M	$6.800M	$4.000M	$3.000M
YoY Change	23.89%	20.04%	-7.33%	10.06%	-6.1%	10.44%	-25.14%	1.29%	-23.33%	0.39%	37.13%	-5.59%	-36.79%	10.68%	-37.16%	12.68%	-10.83%	33.76%	47.56%	16.62%	12.18%	15.27%	79.83%	103.45%	42.86%	351.11%	-31.82%	-8.33%	-24.21%	-15.93%	61.43%	-13.58%	3.85%	9.86%	-48.92%	-92.83%	2263.41%	20.59%	70.0%	33.33%
Inventory	$98.03M	$66.73M	$65.06M	$66.40M	$77.90M	$71.80M	$66.50M	$73.00M	$67.40M	$63.60M	$67.20M	$59.60M	$54.20M	$52.50M	$50.60M	$49.40M	$41.30M	$51.00M	$52.00M	$41.40M	$40.80M	$37.20M	$36.50M	$36.10M	$40.00M	$35.70M	$46.80M	$43.90M	$50.10M	$59.80M	$56.70M	$60.30M	$62.70M	$59.50M	$61.30M	$74.30M	$63.70M	$70.40M	$54.10M	$41.60M	$43.80M
Prepaid Expenses
Receivables	$126.3M	$183.7M	$123.3M	$113.4M	$85.90M	$92.80M	$90.50M	$87.00M	$98.70M	$87.00M	$90.30M	$87.10M	$87.80M	$97.20M	$106.6M	$119.2M	$134.3M	$125.1M	$175.2M	$96.60M	$68.30M	$46.90M	$84.60M	$238.4M	$147.7M	$130.8M	$216.3M	$197.0M	$127.6M	$129.0M	$147.2M	$135.8M	$95.70M	$104.1M	$119.1M	$119.3M	$101.5M	$122.6M	$113.0M	$53.80M	$45.80M
Other Receivables	$83.21M	$22.67M	$23.66M	$29.50M	$17.10M	$19.30M	$28.00M	$72.70M	$34.40M	$46.30M	$60.90M	$154.8M	$166.2M	$158.1M	$206.8M	$122.6M	$129.2M	$135.7M	$64.30M	$48.40M	$47.00M	$53.10M	$51.90M	$64.90M	$69.00M	$59.80M	$0.00	$18.90M	$4.800M	$4.200M	$10.40M	$9.300M	$20.10M	$11.00M	$37.10M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$475.5M	$411.0M	$324.6M	$377.5M	$294.0M	$302.5M	$294.4M	$378.0M	$385.6M	$406.4M	$401.5M	$442.2M	$462.8M	$543.9M	$578.2M	$752.6M	$605.9M	$756.1M	$596.3M	$363.6M	$306.0M	$342.8M	$352.6M	$506.1M	$406.0M	$307.8M	$285.8M	$286.7M	$289.9M	$298.1M	$294.0M	$233.7M	$201.4M	$188.3M	$242.4M	$372.5M	$368.7M	$460.6M	$557.6M	$249.7M	$416.7M
YoY Change	15.71%	26.61%	-14.01%	28.4%	-2.81%	2.75%	-22.12%	-1.97%	-5.12%	1.22%	-9.2%	-4.45%	-14.91%	-5.93%	-23.17%	24.21%	-19.87%	26.8%	64.0%	18.82%	-10.74%	-2.78%	-30.33%	24.66%	31.9%	7.7%	-0.31%	-1.1%	-2.75%	1.39%	25.8%	16.04%	6.96%	-22.32%	-34.93%	1.03%	-19.95%	-17.4%	123.31%	-40.08%
Property, Plant & Equipment	$7.821B	$7.056B	$6.858B	$6.094B	$5.610B	$5.238B	$4.984B	$4.908B	$4.539B	$4.273B	$3.938B	$3.751B	$3.632B	$3.452B	$3.340B	$3.201B	$2.942B	$3.267B	$2.988B	$2.326B	$2.278B	$2.097B	$1.762B	$1.621B	$1.587B	$1.599B	$1.578B	$1.807B	$1.608B	$1.731B	$1.738B	$1.918B	$1.940B	$1.955B	$1.964B	$1.956B	$2.220B	$2.194B	$2.402B	$2.314B	$2.039B
YoY Change	10.85%	2.88%	12.53%	8.64%	7.1%	5.1%	1.54%	8.14%	6.21%	8.51%	4.99%	3.28%	5.21%	3.33%	4.35%	8.8%	-9.93%	9.31%	28.47%	2.12%	8.63%	19.01%	8.69%	2.16%	-0.74%	1.33%	-12.69%	12.39%	-7.13%	-0.39%	-9.39%	-1.12%	-0.8%	-0.43%	0.42%	-11.9%	1.17%	-8.64%	3.81%	13.49%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$564.1M	$508.3M	$552.5M	$531.1M	$454.3M	$355.1M	$340.5M	$273.5M	$259.6M	$261.4M	$260.9M	$252.4M	$260.1M	$279.6M	$495.7M	$553.3M	$627.7M	$427.4M	$466.7M	$448.5M	$444.6M	$442.7M	$552.5M	$479.8M	$483.0M	$519.0M	$307.3M
YoY Change	10.99%	-8.01%	4.04%	16.91%	27.94%	4.29%	24.5%	5.35%	-0.69%	0.19%	3.37%	-2.96%	-6.97%	-43.59%	-10.41%	-11.85%	46.86%	-8.42%	4.06%	0.88%	0.43%	-19.87%	15.15%	-0.66%	-6.94%	68.89%
Other Assets	$1.113B	$1.004B	$653.6M	$658.7M	$662.4M	$691.6M	$696.2M	$576.5M	$547.0M	$570.6M	$621.2M	$648.7M	$571.6M	$602.1M	$597.7M	$1.292B	$1.125B	$1.183B	$495.7M	$349.5M	$350.4M	$365.0M	$247.0M	$283.0M	$247.4M	$243.2M	$149.8M	$136.7M	$137.9M	$173.9M	$180.3M	$223.8M	$203.0M	$169.9M	$180.8M	$64.60M	$128.7M	$101.5M	$50.90M	$35.50M	$31.10M
YoY Change	10.85%	53.64%	-0.78%	-0.56%	-4.22%	-0.66%	20.76%	5.39%	-4.14%	-8.15%	-4.24%	13.49%	-5.07%	0.74%	-53.75%	14.92%	-4.92%	138.61%	41.83%	-0.26%	-4.0%	47.77%	-12.72%	14.39%	1.73%	62.35%	9.58%	-0.87%	-20.7%	-3.55%	-19.44%	10.25%	19.48%	-6.03%	179.88%	-49.81%	26.8%	99.41%	43.38%	14.15%
Total Long-Term Assets	$9.777B	$8.846B	$8.342B	$7.562B	$7.005B	$6.563B	$6.352B	$6.093B	$5.624B	$5.384B	$5.099B	$4.930B	$4.742B	$4.681B	$4.782B	$5.395B	$5.266B	$5.475B	$4.528B	$3.124B	$3.073B	$2.904B	$2.561B	$2.384B	$2.317B	$2.361B	$2.035B	$1.944B	$1.746B	$1.905B	$1.918B	$2.142B	$2.143B	$2.125B	$2.145B	$2.020B	$2.348B	$2.296B	$2.453B	$2.349B	$2.070B
YoY Change	10.52%	6.04%	10.31%	7.96%	6.73%	3.33%	4.24%	8.35%	4.46%	5.59%	3.41%	3.98%	1.29%	-2.1%	-11.37%	2.45%	-3.81%	20.9%	44.96%	1.67%	5.79%	13.4%	7.44%	2.87%	-1.84%	16.02%	4.69%	11.33%	-8.37%	-0.68%	-10.44%	-0.05%	0.82%	-0.9%	6.16%	-13.98%	2.3%	-6.41%	4.41%	13.49%
Total Assets	$10.25B	$9.257B	$8.667B	$7.940B	$7.299B	$6.866B	$6.646B	$6.471B	$6.009B	$5.790B	$5.500B	$5.373B	$5.205B	$5.225B	$5.360B	$6.148B	$5.872B	$6.231B	$5.125B	$3.488B	$3.379B	$3.247B	$2.914B	$2.890B	$2.723B	$2.669B	$2.321B	$2.230B	$2.036B	$2.203B	$2.212B	$2.376B	$2.344B	$2.314B	$2.387B	$2.393B	$2.717B	$2.756B	$3.010B	$2.599B	$2.486B
YoY Change
Accounts Payable	$205.2M	$215.7M	$172.6M	$169.3M	$103.1M	$112.2M	$121.4M	$86.70M	$100.4M	$110.0M	$109.7M	$99.20M	$103.1M	$96.00M	$111.4M	$174.1M	$149.0M	$153.7M	$206.6M	$117.6M	$86.20M	$90.40M	$76.10M	$258.0M	$150.6M	$114.0M	$154.5M	$130.7M	$93.70M	$105.2M	$116.9M	$170.6M	$157.1M	$127.5M	$150.2M	$136.6M	$105.3M	$88.10M	$97.20M	$34.70M	$36.70M
YoY Change	-4.88%	24.98%	1.95%	64.21%	-8.11%	-7.58%	40.02%	-13.65%	-8.73%	0.27%	10.58%	-3.78%	7.4%	-13.82%	-36.01%	16.85%	-3.06%	-25.61%	75.68%	36.43%	-4.65%	18.79%	-70.5%	71.31%	32.11%	-26.21%	18.21%	39.49%	-10.93%	-10.01%	-31.48%	8.59%	23.22%	-15.11%	9.96%	29.72%	19.52%	-9.36%	180.12%	-5.45%
Accrued Expenses	$110.9M	$95.56M	$97.32M	$95.70M	$105.9M	$65.20M	$62.40M	$61.90M	$58.30M	$53.90M	$49.60M	$52.00M	$53.10M	$47.80M	$45.30M	$51.60M	$57.80M	$96.30M	$27.80M	$15.80M	$23.50M	$46.20M	$72.00M	$36.90M	$34.20M	$34.30M	$24.20M	$23.40M	$26.90M	$28.10M	$30.00M	$29.40M	$29.50M	$30.90M	$31.10M	$11.60M	$4.700M	$29.60M	$81.90M	$33.20M	$35.80M
YoY Change	16.07%	-1.81%	1.7%	-9.63%	62.42%	4.49%	0.81%	6.17%	8.16%	8.67%	-4.62%	-2.07%	11.09%	5.52%	-12.21%	-10.73%	-39.98%	246.4%	75.95%	-32.77%	-49.13%	-35.83%	95.12%	7.89%	-0.29%	41.74%	3.42%	-13.01%	-4.27%	-6.33%	2.04%	-0.34%	-4.53%	-0.64%	168.1%	146.81%	-84.12%	-63.86%	146.69%	-7.26%
Deferred Revenue
YoY Change
Short-Term Debt	$261.9M	$232.0M	$62.70M	$32.00M	$185.1M	$235.9M	$305.4M	$287.1M	$250.6M	$105.6M	$149.2M	$158.7M	$82.70M	$222.0M	$198.0M	$744.7M	$665.9M	$764.3M	$332.2M	$94.70M	$125.9M	$150.0M	$35.00M	$0.00	$0.00	$26.60M	$114.1M	$100.4M	$0.00	$0.00	$0.00	$51.60M	$13.00M	$15.00M	$33.90M	$0.00	$152.0M	$32.60M	$49.40M	$30.30M	$126.3M
YoY Change	12.89%	270.02%	95.94%	-82.71%	-21.53%	-22.76%	6.37%	14.57%	137.31%	-29.22%	-5.99%	91.9%	-62.75%	12.12%	-73.41%	11.83%	-12.87%	130.07%	250.79%	-24.78%	-16.07%	328.57%			-100.0%	-76.69%	13.65%				-100.0%	296.92%	-13.33%	-55.75%		-100.0%	366.26%	-34.01%	63.04%	-76.01%
Long-Term Debt Due	$288.9M	$192.2M	$185.2M	$577.5M	$491.9M	$0.00	$256.9M	$273.3M	$125.0M	$332.9M	$75.00M	$2.500M	$2.400M	$2.300M	$2.100M	$205.7M	$449.2M	$3.300M									$400.0K	$15.00M	$100.0K	$148.5M	$18.90M	$13.50M	$100.0K	$9.200M	$12.30M	$33.50M	$18.70M	$45.90M	$77.70M	$51.70M	$5.600M
YoY Change	50.37%	3.78%	-67.94%	17.4%		-100.0%	-6.0%	118.64%	-62.45%	343.87%	2900.0%	4.17%	4.35%	9.52%	-98.98%	-54.21%	13512.12%										-97.33%	14900.0%	-99.93%	685.71%	40.0%	13400.0%	-98.91%	-25.2%	-63.28%	79.14%	-59.26%	-40.93%	50.29%	823.21%
Total Short-Term Liabilities	$1.231B	$890.4M	$664.2M	$977.7M	$967.5M	$512.5M	$835.6M	$805.1M	$641.1M	$704.1M	$492.7M	$434.1M	$373.3M	$520.1M	$563.3M	$1.428B	$1.584B	$1.376B	$723.5M	$356.6M	$345.6M	$385.6M	$332.6M	$362.6M	$239.0M	$220.1M	$326.5M	$300.0M	$165.4M	$325.5M	$217.2M	$301.7M	$245.7M	$216.6M	$268.7M	$235.9M	$307.5M	$236.0M	$338.4M	$181.3M	$229.9M
YoY Change	38.23%	34.05%	-32.06%	1.05%	88.78%	-38.67%	3.79%	25.58%	-8.95%	42.91%	13.5%	16.29%	-28.23%	-7.67%	-60.56%	-9.83%	15.12%	90.2%	102.89%	3.18%	-10.37%	15.94%	-8.27%	51.72%	8.59%	-32.59%	8.83%	81.38%	-49.19%	49.86%	-28.01%	22.79%	13.43%	-19.39%	13.9%	-23.28%	30.3%	-30.26%	86.65%	-21.14%
Long-Term Debt	$4.259B	$3.909B	$3.536B	$2.727B	$2.525B	$2.670B	$2.181B	$2.119B	$1.967B	$1.630B	$1.670B	$1.670B	$1.672B	$1.564B	$1.565B	$1.379B	$1.232B	$1.766B	$1.746B	$987.8M	$987.2M	$980.1M	$953.9M	$953.8M	$988.5M	$1.009B	$714.0M	$713.9M	$728.8M	$752.1M	$957.6M	$911.3M	$786.3M	$790.1M	$801.7M	$980.8M	$863.0M	$901.5M	$1.143B	$1.031B	$974.3M
YoY Change	8.96%	10.55%	29.66%	8.01%	-5.45%	22.44%	2.9%	7.75%	20.71%	-2.45%	0.04%	-0.11%	6.91%	-0.1%	13.5%	11.94%	-30.24%	1.12%	76.8%	0.06%	0.72%	2.75%	0.01%	-3.51%	-1.99%	41.26%	0.01%	-2.04%	-3.1%	-21.46%	5.08%	15.9%	-0.48%	-1.45%	-18.26%	13.65%	-4.27%	-21.16%	10.95%	5.78%
Other Long-Term Liabilities	$1.507B	$1.379B	$1.468B	$1.421B	$1.427B	$1.318B	$1.310B	$849.6M	$786.1M	$785.3M	$773.6M	$866.6M	$846.7M	$867.8M	$849.7M	$911.4M	$752.1M	$786.1M	$882.8M	$747.6M	$705.6M	$743.2M	$470.7M	$457.6M	$429.9M	$422.1M	$335.6M	$339.0M	$347.0M	$417.3M	$398.6M	$451.5M	$487.5M	$477.1M	$455.7M	$308.6M	$355.2M	$398.1M	$326.5M	$246.6M	$197.5M
YoY Change	9.28%	-6.04%	3.29%	-0.46%	8.29%	0.66%	54.13%	8.08%	0.1%	1.51%	-10.73%	2.35%	-2.43%	2.13%	-6.77%	21.18%	-4.33%	-10.95%	18.08%	5.95%	-5.06%	57.89%	2.86%	6.44%	1.85%	25.77%	-1.0%	-2.31%	-16.85%	4.69%	-11.72%	-7.38%	2.18%	4.7%	47.67%	-13.12%	-10.78%	21.93%	32.4%	24.86%
Total Long-Term Liabilities	$5.766B	$5.288B	$5.003B	$4.148B	$3.952B	$3.988B	$3.490B	$2.969B	$2.753B	$2.415B	$2.444B	$2.536B	$2.518B	$2.431B	$2.415B	$2.290B	$1.984B	$2.552B	$2.629B	$1.735B	$1.693B	$1.723B	$1.425B	$1.411B	$1.418B	$1.431B	$1.050B	$1.053B	$1.076B	$1.169B	$1.356B	$1.363B	$1.274B	$1.267B	$1.257B	$1.289B	$1.218B	$1.300B	$1.470B	$1.277B	$1.172B
YoY Change	9.04%	5.68%	20.63%	4.95%	-0.91%	14.27%	17.56%	7.84%	14.01%	-1.19%	-3.64%	0.72%	3.57%	0.68%	5.44%	15.44%	-22.26%	-2.94%	51.5%	2.52%	-1.77%	20.97%	0.94%	-0.49%	-0.86%	36.31%	-0.31%	-2.13%	-8.0%	-13.77%	-0.48%	6.99%	0.52%	0.78%	-2.48%	5.84%	-6.26%	-11.59%	15.09%	8.99%
Total Liabilities	$7.892B	$7.054B	$6.488B	$5.879B	$5.609B	$5.166B	$4.939B	$4.784B	$4.343B	$4.057B	$3.815B	$3.753B	$3.619B	$3.577B	$3.599B	$4.390B	$4.168B	$4.514B	$3.814B	$2.377B	$2.289B	$2.260B	$1.889B	$1.953B	$1.823B	$1.794B	$1.500B	$1.463B	$1.320B	$1.495B	$1.573B	$1.664B	$1.520B	$1.484B	$1.526B	$1.525B	$1.526B	$1.536B	$1.808B	$1.458B	$1.402B
YoY Change	11.88%	8.73%	10.36%	4.82%	8.57%	4.58%	3.25%	10.15%	7.04%	6.35%	1.66%	3.7%	1.18%	-0.61%	-18.03%	5.32%	-7.67%	18.37%	60.48%	3.85%	1.24%	19.66%	-3.25%	7.08%	1.63%	19.61%	2.52%	10.85%	-11.7%	-4.99%	-5.47%	9.54%	2.4%	-2.77%	0.06%	-0.03%	-0.65%	-15.07%	23.99%	4.05%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	86.30M shares	86.12M shares	86.07M shares	80.16M shares	79.93M shares	79.89M shares	79.89M shares	79.76M shares	79.76M shares	79.79M shares	79.85M shares	79.80M shares	89.20M shares	91.56M shares	91.44M shares
Diluted Shares Outstanding	86.37M shares	86.17M shares	86.11M shares	80.30M shares	79.99M shares	80.01M shares	80.14M shares	80.13M shares	80.14M shares	80.28M shares	80.43M shares	80.42M shares	89.76M shares	91.56M shares	91.67M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $4.4766 Billion

About TXNM ENERGY INC

PNM Resources, Inc. operates as an investor-owned holding company, which provides electricity and electric services in New Mexico and Texas. The company is headquartered in Albuquerque, New Mexico and currently employs 1,600 full-time employees. The firm provides electricity to approximately 800,000 homes and businesses in New Mexico and Texas through its regulated utilities, Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company’s (TNMP). PNM is a regulated utility in New Mexico with operations primarily engaged in the generation, transmission and distribution of electricity. PNM serves nearly 550,000 New Mexico residential and business customers in Greater Albuquerque, Rio Rancho, Los Lunas, and others. TNMP provides transmission and distribution services in Texas. TNMP owns 992 circuit miles of overhead electric transmission lines; 7,319 pole miles of overhead distribution lines; 1,433 circuit miles of underground distribution lines, and 128 substations. TNMP provides transmission and distribution services to Retail Electric Providers (REPs) that provide electric service to customers in TNMP’s service territories.

Industry: Electric Services Peers: ALLETE INC ENTERGY LOUISIANA, LLC NEXTERA ENERGY INC HAWAIIAN ELECTRIC INDUSTRIES INC IDACORP INC MGE ENERGY INC Otter Tail Corp OGE ENERGY CORP. PORTLAND GENERAL ELECTRIC CO /OR/ Via Renewables, Inc.