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Companies/TXNM Energy, Inc.
Company profile

TXNM Energy, Inc.

NYSE: TXNM · Utilities · Regulated Electric
PublicHQ Albuquerque, NM · BernalilloCIK 0001108426Reports USD
#58 of 134 Utilities companies by revenue55th-percentile growth
EA Score
56C
FH 59DQ 57GM 37SS 72
v0.1 · 65/100 weight · provisional
↑ Piotroski F, listing tenure · ↓ 3-yr revenue growth, disclosure history
Methodology →
Revenue TTM
$2.2B
Rev growth YoY (TTM)
+8.5%
Net income (FY)
$169.8M
Employees
1,695
Market cap
$6.3B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$2.1B$2.1B2025
Net income$169.8M$169.8M2025
Operating income$441.2M$441.2M2025
Total assets$12.1B$12.1B2025
Liabilities$8.6B$8.6B2025
Equity$3.4B$3.4B2025

Revenue trend

FY2020 – FY2025 · USD
$357.6M
FY20
$472.5M
FY20
$1.5B
FY20
$1.6B
FY21
$2.3B
FY22
$1.9B
FY23
$2.0B
FY24
$2.1B
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Electricity84%
Electric Transmission Service12%
Wholesale Energy Sales4%
Miscellaneous Revenue From Contracts With Customers0%
By geography

Not disclosed.

The read

TXNM Energy, Inc. booked $2.1B in FY2025 revenue, growing 9.0% year over year — about the middle of the pack among Utilities companies we track, at a 7.9% net margin.

Peers · Utilities
Southwest Gas Holdings, Inc.57CPortland General Electric Company61CClearway Energy, Inc.56CNew Jersey Resources Corporation68B
Neighbors
Bernalillo →
Array Technologies, Inc.$1.3B47DAIRO Group Holdings, Inc. Common Stock$90.9M36DBowlin Travel Centers, Inc.$33.4M53DNet Medical Xpress Solutions, Inc.$3.0M——GoLogiq, Inc.$5.5M——Public Service Company of New Mexico PFD 4.58%——
Key facts
CEOJoseph D. Tarry
SectorUtilities
IndustryRegulated Electric
HeadquartersAlbuquerque, NM
ExchangeNYSE: TXNM
Employees1,695
IPO date1973-02-21
Latest filings
8-K2026-07-068-K2026-06-118-K2026-06-0210-Q2026-05-018-K2026-05-01DEF 14A2026-04-288-K2026-03-318-K2026-03-03
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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