TXNM Energy, Inc.
TXNM Energy, Inc. (NYSE: TXNM) is a holding company whose two regulated electric utilities, Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP), serve approximately 842,000 residential, commercial, and industrial customers in New Mexico and Texas. PNM generates, transmits, and… From the company’s description.
Over the twelve months to Sep 30, 2026, TXNM Energy, Inc. reported revenue of $2.32B, up 10.0% from a year earlier, and net income of $246.11M. Its operating margin was 24.4%, and operations generated $610.23M in cash. In fiscal 2025, it reported revenue of $2.17B, up 9.9% from fiscal 2024, and net income of $169.83M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What TXNM Energy, Inc. does
In the company’s own words
TXNM Energy, Inc. (NYSE: TXNM) is a holding company whose two regulated electric utilities, Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP), serve approximately 842,000 residential, commercial, and industrial customers in New Mexico and Texas. PNM generates, transmits, and distributes electricity to retail customers in New Mexico and also provides wholesale transmission service. TNMP operates electric transmission and distribution systems in Texas, delivering those services to retail electricity providers that sell power to consumers; TNMP does not generate or sell electricity. The company reports its regulated utility operations through the PNM and TNMP segments, with Corporate and Other covering holding-company activities, shared corporate services, and certain development activities. PNM’s generating resources include solar, wind, natural gas, nuclear, and coal facilities. At December 31, 2025, TXNM had 1,755 employees. The company was incorporated in 2000, while its utilities trace their origins to 1917 and 1925. Its website is www.txnmenergy.com.
Company details
- Sector
- Utilities
- Industry (SIC)
- Electric, Gas & Water
- Headquarters
- ALBUQUERQUE, NM
- Fiscal year end
- December
- CIK
- 1108426
- SIC
- 4911
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns TXNM Energy, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · TXNM Energy, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
TXNM Energy, Inc.’s bonds, as funds hold them
Funds report holding 2 issues of TXNM Energy, Inc.’s debt, $222.27M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 6.34%, maturing 2054 to 2056.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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