TXNM
TXNM Energy, Inc.
NYSE: TXNM · UTILITIES · UTILITIES - REGULATED ELECTRIC
$58.86
-0.19% today
Updated 2026-04-29
Market cap
$6.52B
P/E ratio
39.77
P/S ratio
3.01x
EPS (TTM)
$1.48
Dividend yield
2.79%
52W range
$50 – $59
Volume
1.3M
TXNM Energy, Inc. (TXNM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.46B | $1.52B | $1.78B | $2.25B | $1.94B | $1.97B | $2.17B |
| Revenue growth (YoY) | — | +4.5% | +16.9% | +26.4% | -13.8% | +1.7% | +9.9% |
| Cost of revenue | $892.93M | $938.67M | $1.15B | $1.53B | $1.31B | $1.16B | $1.34B |
| Gross profit | $564.58M | $584.24M | $625.65M | $714.73M | $627.10M | $810.16M | $824.79M |
| Gross margin | 38.7% | 38.4% | 35.2% | 31.8% | 32.3% | 41.1% | 38.1% |
| R&D | — | — | — | — | — | — | — |
| SG&A | — | $216.33M | $230.29M | $227.15M | $227.90M | $247.12M | $274.45M |
| Operating income | $295.30M | $286.38M | $309.35M | $394.59M | $303.26M | $462.47M | $441.18M |
| Operating margin | 20.3% | 18.8% | 17.4% | 17.5% | 15.6% | 23.5% | 20.4% |
| EBITDA | $494.86M | $639.95M | $663.84M | $682.44M | $627.71M | $929.21M | $940.66M |
| EBITDA margin | 34.0% | 42.0% | 37.3% | 30.3% | 32.4% | 47.1% | 43.4% |
| EBIT | $193.79M | $325.28M | $343.63M | $341.32M | $274.02M | $506.20M | $515.01M |
| Interest expense | $121.02M | $114.39M | $96.88M | $127.91M | $190.35M | $228.07M | $335.00M |
| Income tax | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $77.89M | $173.30M | $196.36M | $170.06M | $88.35M | $242.68M | $151.36M |
| Net income growth (YoY) | — | +122.5% | +13.3% | -13.4% | -48.0% | +174.7% | -37.6% |
| Profit margin | 5.3% | 11.4% | 11.0% | 7.6% | 4.6% | 12.3% | 7.0% |