Txnm Energy Inc (TXNM) Financial Statements
Industry: Electric Services
In fiscal 2025, Txnm Energy reported revenue of $2.17B, up 9.9% from $1.97B the year before. Net income was $151.9M (a 7.0% net margin), or $1.48 per diluted share. Operating margin was 20.4%. Operating activities generated $584.5M of cash, leaving -$611.4M of free cash flow. At fiscal year end, Txnm Energy held $12.06B in total assets against $8.60B in total liabilities, including $18.3M of cash and equivalents.
Open the full interactive Txnm Energy financials → Quarterly statements, key ratios, valuation history and price charts.
Txnm Energy Key Stats
| Share Price | $58.53 |
|---|---|
| Market Cap | $6.51B |
| P/E Ratio | 39.5 |
| Revenue YoY Growth | +9.9% |
| 52-Week Range | $55.25 – $59.05 |
| Shares Outstanding | 111.2 million (basic, 2026 Q2) |
Txnm Energy Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.52B | $1.78B | $2.25B | $1.94B | $1.97B | $2.17B |
| Gross Profit | — | — | $740.5M | $655.8M | — | — |
| Operating Income | $285.3M | $308.2M | $393.8M | $231.3M | $453.5M | $441.2M |
| Pre-Tax Income | $208.0M | $244.4M | $211.3M | $90.5M | $280.2M | $180.0M |
| Income Tax | $20.6M | $32.6M | $26.1M | -$16.4M | $21.5M | $10.2M |
| Net Income | $8.8M | $196.4M | $170.1M | $88.3M | $242.7M | $151.9M |
| Diluted EPS | $2.15 | $2.27 | $1.97 | $1.02 | $2.67 | $1.48 |
Txnm Energy Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $647.2M | $533.2M | $505.0M | $548.6M |
| Net Income | $130.8M | -$9.7M | $3.9M | $71.4M |
| Diluted EPS | $1.22 | -$0.09 | $0.03 | $0.64 |
Txnm Energy Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $47.9M | $1.1M | $4.1M | $2.2M | $4.5M | $18.3M |
| Current Assets | $377.5M | $324.6M | $411.0M | $475.5M | $498.8M | $564.7M |
| Total Assets | $7.94B | $8.67B | $9.26B | $10.25B | $11.21B | $12.06B |
| Current Liabilities | $977.7M | $664.2M | $890.4M | $1.23B | $1.78B | $1.02B |
| Total Long-Term Debt | $3.30B | $3.70B | $4.08B | $4.52B | $4.92B | $5.42B |
| Total Liabilities | $5.82B | $6.43B | $7.00B | $7.84B | $8.62B | $8.60B |
| Shareholders' Equity | $2.05B | $2.17B | $2.19B | $2.35B | $2.54B | $3.40B |
Txnm Energy Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $485.7M | $547.9M | $567.3M | $551.2M | $508.2M | $584.5M |
| Cash From Investing | -$733.8M | -$952.3M | -$950.3M | -$1.09B | -$1.17B | -$1.22B |
| Cash From Financing | $292.2M | $357.6M | $386.0M | $537.1M | $684.4M | $642.5M |
| Free Cash Flow | -$193.3M | -$387.1M | -$345.3M | -$524.6M | -$738.9M | -$611.4M |
Figures from Txnm Energy's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Txnm Energy financials page for every line item.
Txnm Energy Company Profile
| Ticker | TXNM |
|---|---|
| Exchange | NYSE |
| Industry | Electric Services |
| Headquarters | Albuquerque, New Mexico |
| Incorporated in | New Mexico |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001108426 |
Frequently Asked Questions
What was Txnm Energy's revenue in fiscal 2025?
Txnm Energy (TXNM) reported revenue of $2.17B for fiscal 2025.
What is Txnm Energy's annual revenue history?
Txnm Energy's annual revenue by fiscal year: 2020: $1.52B; 2021: $1.78B; 2022: $2.25B; 2023: $1.94B; 2024: $1.97B; 2025: $2.17B.
What was Txnm Energy's net income in fiscal 2025?
Txnm Energy reported net income of $151.9M for fiscal 2025.
What was Txnm Energy's earnings per share (EPS) in fiscal 2025?
Txnm Energy's diluted EPS was $1.48 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Txnm Energy generate in fiscal 2025?
Txnm Energy generated -$611.4M of free cash flow in fiscal 2025.
What was Txnm Energy's revenue last quarter?
In its most recent reported quarter (2026 Q2), Txnm Energy reported revenue of $548.6M.
How much debt does Txnm Energy have?
Txnm Energy reported $5.42B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Txnm Energy are outstanding?
Txnm Energy reported a weighted average of 111.2 million basic shares outstanding in 2026 Q2.
What is Txnm Energy's market cap?
Based on its latest closing price, Txnm Energy (TXNM) has a market capitalization of about $6.51B.
When does Txnm Energy's fiscal year end?
Txnm Energy's fiscal year end, as registered with the SEC, is December 31.
Where is Txnm Energy headquartered?
Txnm Energy lists its business address in Albuquerque, New Mexico in its SEC filings.