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FY2025
12 months to Dec 31, 2025
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FY2024
12 months to Dec 31, 2024
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FY2023
12 months to Dec 31, 2023
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FY2022
12 months to Dec 31, 2022
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FY2021
12 months to Dec 31, 2021
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|---|---|---|---|---|---|
| Contracts with customers | |||||
| Alternative revenue programs | |||||
| Other electric operating revenue | |||||
| Electric Operating Revenues | |||||
| Electricity | |||||
| Total electric Operating Revenues | |||||
| Operating Expenses: | |||||
| Cost of energy | |||||
| Electricity | |||||
| Energy production costs | |||||
| Administrative and general | |||||
| Regulatory disallowances | |||||
| Depreciation and amortization | |||||
| Transmission and distribution costs | |||||
| Taxes other than income taxes | |||||
| Total operating expenses | |||||
| Operating income | |||||
| Other Income and Deductions: | |||||
| Interest income | |||||
| Gains on investment securities | |||||
| Other income | |||||
| Other (deductions) | |||||
| Net other income and (deductions) | |||||
| Interest Charges | |||||
| Earnings before Income Taxes | |||||
| Income Taxes (Benefits) | |||||
| Net Earnings | |||||
| (Earnings) Attributable to Valencia Non-controlling Interest | |||||
| Preferred Stock Dividend Requirements of Subsidiary | |||||
| Net Earnings Available for PNM Common Stock | |||||
| Net Earnings Attributable to TXNM per Common Share: | |||||
| Basic (in dollars per share) | |||||
| Diluted (in dollars per share) |
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