← TXNM ENERGY INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.4b |
$1.4b
+6.02%
|
$1.4b
-5.78%
|
$1.4b
+1.15%
|
$1.5b
+6.72%
|
$1.6b
+8.15%
|
$2.3b
+41.56%
|
$1.9b
-14.61%
|
$2.0b
+2.44%
|
$2.2b
+9.65%
|
$2.2b
+3.50%
|
|
| Revenue Not from Contract with Customer, Other | — | — | — | $80.9m | $65.2m | $214.2m | $18.8m | $17.7m | $2.8m | $7.2m | — | |
| Cost of Revenue | $893.5m |
$952.2m
+6.57%
|
$937.0m
-1.60%
|
$1.0b
+11.40%
|
$916.3m
-12.21%
|
$1.1b
+23.42%
|
$1.5b
+33.50%
|
$1.3b
-16.61%
|
$1.3b
+0.70%
|
$1.4b
+13.80%
|
$807.3m
-44.05%
|
|
| Gross Profit (derived) | $469.5m |
$492.8m
+4.97%
|
$424.5m
-13.86%
|
$333.4m
-21.46%
|
$553.5m
+66.01%
|
$438.5m
-20.78%
|
$740.5m
+68.87%
|
$655.8m
-11.43%
|
$700.6m
+6.83%
|
$715.6m
+2.15%
|
$1.4b
+99.35%
|
|
| General and Administrative Expense | $191.5m | $186.3m | $188.5m | $189.2m | $216.3m | $230.3m | $227.1m | $227.9m | $247.1m | $274.5m | $269.5m | |
| Operating Lease, Expense | — | — | — | $28.1m | $27.0m | $26.3m | $26.4m | — | — | — | — | |
| Operating expenses: | ||||||||||||
| Total operating expenses | $1.1b | $1.1b | $1.2b | $1.3b | $1.2b | $1.5b | $1.9b | $1.7b | $1.5b | $1.7b | $1.7b | |
| Operating Income (Loss) | $278.0m |
$306.5m
+10.25%
|
$236.0m
-22.98%
|
$144.2m
-38.91%
|
$285.3m
+97.84%
|
$308.2m
+8.02%
|
$393.8m
+27.78%
|
$231.3m
-41.25%
|
$453.5m
+96.03%
|
$441.2m
-2.71%
|
$496.2m
+12.46%
|
|
| Interest Expense | $128.6m | $127.6m | $127.2m | $121.0m | $114.4m | $96.9m | $127.9m | $190.4m | $228.1m | $271.5m | $273.9m | |
| Investment Income, Interest | $22.3m | $15.9m | $15.5m | $14.0m | $14.2m | $14.7m | $16.1m | $22.0m | $23.5m | $20.1m | — | |
| Interest income | $22.3m | $15.9m | $15.5m | $14.0m | $14.2m | $14.7m | $16.1m | $22.0m | $23.5m | $20.1m | $19.7m | |
| Debt and Equity Securities, Gain (Loss) | $19.5m | $27.2m | ($17.2m) | $29.6m | $21.6m | $16.9m | ($78.4m) | $19.2m | $26.9m | $34.8m | — | |
| Debt Securities, Realized Gain (Loss) | — | — | ($11.5m) | $5.6m | ($2.0m) | $8.6m | ($33.4m) | $4.0m | $8.6m | $19k | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | $4.9m | $5.7m | $5.9m | $8.7m | ($6.9m) | $1.1m | $28.3m | $38.2m | — | |
| Gain (Loss) on Investments | $19.5m | $27.2m | ($17.2m) | $29.6m | $21.6m | $16.9m | ($78.4m) | $19.2m | $26.9m | $34.8m | — | |
| Other Nonoperating Income (Expense) | $45.8m | $46.9m | $254k | $43.7m | $37.1m | $33.2m | ($54.5m) | $49.5m | $54.8m | $10.4m | — | |
| Other Expenses | $13.8m | $15.7m | $15.7m | $15.3m | $18.7m | $18.6m | $13.9m | $15.9m | $24.2m | $73.5m | — | |
| Other Income | $17.8m | $19.5m | $17.6m | $15.4m | $20.0m | $20.2m | $21.6m | $24.2m | $28.6m | $29.1m | — | |
| Net other income and (deductions) | $45.8m | $46.9m | $254k | $43.7m | $37.1m | $33.2m | ($54.5m) | $49.5m | $54.8m | $10.4m | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $228.1m | $271.5m | $273.9m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $195.2m | $225.8m | $109.1m | $66.8m | $208.0m | $244.4m | $211.3m | $90.5m | $280.2m | $180.0m | $234.5m | |
| Taxes other than income taxes | $76.3m | $76.7m | $79.7m | $80.1m | $81.5m | $86.0m | $93.0m | $95.9m | $100.6m | $109.9m | $118.1m | |
| Income Taxes (Benefits) | $63.3m | $130.3m | $7.8m | ($25.3m) | $20.6m | $32.6m | $26.1m | ($16.4m) | $21.5m | $10.2m | — | |
| Current Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | — | $1.7m | $20.1m | |
| Net Earnings | $131.9m |
$95.4m
-27.66%
|
$101.3m
+6.14%
|
$92.1m
-9.04%
|
$207.5m
+125.20%
|
$211.8m
+2.11%
|
$185.2m
-12.59%
|
$106.9m
-42.28%
|
$258.7m
+142.07%
|
$169.8m
-34.36%
|
$195.9m
+15.33%
|
|
| Net Earnings Available for PNM Common Stock | $116.8m | $79.9m | $85.6m | $77.4m | $172.8m | $195.8m | $169.5m | $87.8m | $242.2m | $151.4m | — | |
| Net Income (Loss) Attributable to Parent | $116.8m |
$79.9m
-31.64%
|
$101.3m
+26.80%
|
$92.1m
-9.04%
|
$207.5m
+125.20%
|
$211.8m
+2.11%
|
$185.2m
-12.59%
|
$106.9m
-42.28%
|
$258.7m
+142.07%
|
$169.8m
-34.36%
|
$195.9m
+15.33%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $14.5m | $15.0m | $15.1m | $14.2m | $14.0m | $15.5m | $15.1m | $18.5m | $16.0m | $17.9m | $195.9m | |
| Preferred Stock Dividend Requirements of Subsidiary | ($528k) | ($528k) | ($528k) | — | — | — | ($528k) | ($528k) | ($528k) | ($528k) | — | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | — | — | — | $1 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | — | — | — | — | $1 | — | |
| Earnings Per Share, Basic | $1.47 | $1.00 | $1.07 | $0.97 | $2.16 | $2.28 | $1.97 | $1.02 | $2.67 | $1.49 | $1.85 | |
| Earnings Per Share, Diluted | $1.46 | $1.00 | $1.07 | $0.97 | $2.15 | $2.27 | $1.97 | $1.02 | $2.67 | $1.48 | $1.83 | |
| Common Stock, Dividends, Per Share, Declared | $0.90 | $0.99 | $1.08 | $1.18 | $1.25 | $1.33 | $1.41 | $1.49 | $1.57 | $1.65 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 79.8m | 79.9m | 79.9m | 79.9m | 80.2m | 86.1m | 86.1m | 86.3m | 90.5m | 101.5m | 109.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 80.1m | 80.1m | 80.0m | 80.0m | 80.3m | 86.1m | 86.2m | 86.4m | 90.6m | 102.4m | 111.1m | |
| Additional Financial Items | ||||||||||||
| Cost, Depreciation and Amortization | $209.1m | $231.9m | $241.2m | $267.8m | $275.6m | $284.1m | $304.9m | $319.5m | $384.9m | $425.6m | — | |
| Other Cost and Expense, Operating | — | — | — | $632.8m | $514.9m | $542.8m | $563.0m | $586.1m | — | — | — | |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity | $4.9m | $9.5m | $10.4m | $9.5m | $11.3m | $13.2m | $13.8m | — | — | — | — | |
| Cost of energy | $380.6m | $407.5m | $549.2m | $555.4m | $585.2m | $788.8m | $1.1b | $893.9m | $1.3b | $1.5b | — | |
| Regulatory disallowances | — | — | — | — | — | — | $832k | $71.9m | $9.0m | ($731k) | — | |
| Transmission and distribution costs | $66.2m | $71.6m | $76.4m | $69.9m | $77.9m | $81.3m | $94.7m | $98.7m | $98.4m | $100.8m | — | |
| Gains on investment securities | $19.5m | $27.2m | ($17.2m) | $29.6m | $21.6m | $16.9m | ($78.4m) | $19.2m | $26.9m | $34.8m | — | |
| Other (deductions) | ($13.8m) | ($15.7m) | ($15.7m) | ($15.3m) | ($18.7m) | ($18.6m) | ($13.9m) | ($15.9m) | ($24.2m) | ($73.5m) | — | |
| Interest Charges | $128.6m | $127.6m | $127.2m | $121.0m | $114.4m | $96.9m | $127.9m | $190.4m | $228.1m | $271.5m | — | |
| (Earnings) Attributable to Valencia Non-controlling Interest | ($14.5m) | ($15.0m) | ($15.1m) | ($14.2m) | ($14.0m) | ($15.5m) | ($15.1m) | ($18.5m) | ($16.0m) | ($17.9m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.