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Company Observatory

TXNM

TXNM Energy, Inc.

Utilities · Regulated Electric

Overall research band Mixed
Quality Weak
Valuation Mixed
Balance sheet Above average
Market confirmation Mixed

One-minute company read

What this report can tell you now

What the company does

TXNM Energy, Inc. supplies electricity and related services across the United States through its subsidiaries, Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). The PNM division produces, transmits, and distributes electrical energy using assets such as communication systems, office equipment, vehicles, and real estate, and generates power from coal, natural gas, oil, nuclear fuel and waste, as well as renewables like solar, wind, geothermal, and battery storage. The TNMP segment provides regulated transmission and distribution infrastructure, maintaining a fleet of vehicles and service facilities. TXNM Energy, Inc. delivers electricity to residential, commercial, and industrial customers, as well as other end-users in New Mexico and Texas, generating revenue from the sale and distribution of electric power and related services.

The current research profile is Mixed Setup, with lower volatility. This is a starting point for investigation, not a forecast or recommendation.

Strongest visible signal

No single strength should be treated as decisive without reviewing the underlying evidence and data status.

What to investigate next

Read the latest filing or company update, check the period behind the metrics, and investigate the dimension with the weakest band above.

Before you draw a conclusion

  • Read the latest filing or company update.
  • Check the financial period behind each metric.
  • Investigate the weakest score band and any missing evidence.

Headline fundamentals

A small set of signals worth checking

ROIC6.6%Model input; read with the evidence status and period context.
Operating margin20.4%Model input; read with the evidence status and period context.
Revenue CAGR · 4 years5.0%Model input; read with the evidence status and period context.
FCF margin-26.0%Model input; read with the evidence status and period context.

Go deeper when you need to

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Evidence detailSee exact inputs, source context, and model-aware metrics.
HistoryReview score and research changes over time.
MonitoringKeep the questions, risks, and changes that matter in view.

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