balance equationreview2024-12-31
Difference 11529000 exceeds tolerance 11211733.000. Presentation or filing-vintage differences need review.
Revenue
$2.17B
Fiscal year ended 2025-12-31Operating income
$441.18M
Fiscal year ended 2025-12-31Free cash flow
Unavailable
Fiscal year ended 2025-12-31TXNM ENERGY INC (TXNM) reported revenue of $2.17B for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from TXNM ENERGY INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Electric Services.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.17B | $1.97B | $1.94B | $2.25B | $1.78B | $1.52B | $1.46B | $1.44B | $1.45B | $1.36B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | $655.83M | $740.46M | $648.95M | $606.73M | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | $441.18M | $453.49M | $231.34M | $393.76M | $308.15M | $285.28M | $144.20M | $236.05M | $315.04M | $284.72M |
| Net income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $79.87M | $116.85M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 102.39M | shares 90.59M | shares 86.37M | shares 86.17M | shares 86.11M | shares 80.30M | shares 79.99M | shares 80.01M | shares 80.14M | shares 80.13M |
| Pretax income | $180.01M | $280.24M | $90.53M | $211.31M | $244.43M | $207.95M | $66.85M | $109.06M | $225.76M | $195.17M |
| Income tax expense | $10.19M | $21.52M | -$16.35M | $26.13M | $32.58M | $20.64M | -$25.28M | $7.78M | $130.34M | $63.28M |
| Diluted EPS | $1.48 | $2.67 | $1.02 | $1.97 | $2.27 | $2.15 | $0.97 | $1.07 | $1.00 | $1.46 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $274.45M | $247.12M | $227.90M | $227.15M | $230.29M | $216.33M | $189.23M | $188.47M | $177.79M | $184.77M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $18.26M | $4.50M | $2.22M | $4.08M | $1.10M | $47.93M | $3.83M | $2.12M | $3.97M | $5.52M |
| Total assets | $12.06B | $11.21B | $10.25B | $9.26B | $8.67B | $7.94B | $7.30B | $6.87B | $6.65B | $6.47B |
| Current assets | $564.66M | $498.84M | $475.54M | $410.98M | $324.60M | $377.48M | $294.01M | $302.52M | $294.42M | $378.04M |
| Total liabilities | $8.60B | $8.62B | $7.84B | $7.00B | $6.43B | $5.82B | $5.55B | $5.10B | $4.87B | $4.71B |
| Current liabilities | $1.02B | $1.78B | $1.23B | $890.37M | $664.21M | $977.66M | $967.48M | $512.45M | $835.64M | $805.11M |
| Total equity incl. NCI | $3.45B | $2.58B | $2.40B | $2.24B | $2.22B | $2.11B | $1.74B | $1.75B | $1.76B | $1.74B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $181.32M | $166.86M | $98.03M | $66.73M | $65.06M | $66.42M | $77.93M | $71.83M | $66.50M | $73.03M |
| Accounts receivable | $151.80M | $130.35M | $126.29M | $183.67M | $123.29M | $113.41M | $85.89M | $92.80M | $90.47M | $87.01M |
| Goodwill | $278.30M | $278.30M | $278.30M | $278.30M | $278.30M | $278.30M | $278.30M | $278.30M | $278.30M | $278.30M |
| Long-term debt | $5.12B | $4.31B | $4.24B | $3.89B | $3.52B | $2.72B | $2.52B | $2.67B | $2.18B | $2.12B |
| Accounts payable | $243.06M | $204.47M | $205.18M | $215.71M | $172.60M | $169.32M | $103.12M | $112.17M | $121.38M | $86.70M |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $584.49M | $508.16M | $551.17M | $567.28M | $547.87M | $485.70M | $503.16M | $428.23M | $523.46M | $408.28M |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$1.22B | -$1.17B | -$1.09B | -$950.35M | -$952.26M | -$733.80M | -$673.90M | -$475.72M | -$466.16M | -$699.38M |
| Financing cash flow | $642.52M | $684.35M | $537.10M | $386.04M | $357.56M | $292.19M | $172.45M | $45.65M | -$58.85M | $242.39M |
| Net change in cash | $9.87M | $18.14M | -$135.00K | $2.97M | -$46.82M | $44.10M | $1.71M | -$1.85M | -$1.55M | -$48.70M |
| Stock-based compensation | $8.72M | $9.48M | $7.19M | $7.82M | $9.45M | $8.14M | $6.41M | $7.12M | $6.19M | $5.63M |
| Common dividends paid | $163.37M | $140.34M | $126.70M | $119.84M | $112.97M | $98.50M | $92.93M | $84.96M | $77.79M | $70.62M |
| Common share repurchases | $11.97M | $8.46M | $9.65M | $7.98M | $10.13M | $11.98M | $9.92M | $12.64M | $13.93M | $15.45M |
| Depreciation & amortization | $483.38M | $423.01M | $353.69M | $341.12M | $320.21M | $314.67M | $301.07M | $275.64M | $268.19M | $242.03M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | 36.5% | 39.8% | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | 20.4% | 23.0% | 11.9% | 17.5% | 17.3% | 18.7% | 9.9% | 16.4% | 21.8% | 20.9% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 0.4% | 0.5% | 0.4% | 0.3% | 0.5% | 0.5% | 0.4% | 0.5% | 0.4% | 0.4% |
| Current ratio | 0.55x | 0.28x | 0.39x | 0.46x | 0.49x | 0.39x | 0.30x | 0.59x | 0.35x | 0.47x |
| Revenue YoY growth | 9.9% | 1.7% | -13.8% | 26.4% | 16.9% | 4.5% | 1.5% | -0.6% | 6.0% | Unavailable |
| Net margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | 1.48x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 5.7% | 7.7% | -18.1% | 12.4% | 13.3% | 9.9% | -37.8% | 7.1% | 57.7% | 32.4% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open TXNM in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-05-01View SEC filing
10-K · Filed 2026-02-27View SEC filing
10-Q · Filed 2025-10-31View SEC filing
10-Q · Filed 2025-08-01View SEC filing
10-Q · Filed 2025-05-09View SEC filing
10-K · Filed 2025-02-28View SEC filing
Reconciliation checks needing review
9 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
balance equationreview2023-12-31
Difference 11529000 exceeds tolerance 10252605.000. Presentation or filing-vintage differences need review.
balance equationreview2022-12-31
Difference 11529000 exceeds tolerance 9257377.000. Presentation or filing-vintage differences need review.
balance equationreview2021-12-31
Difference 11529000 exceeds tolerance 8666885.000. Presentation or filing-vintage differences need review.
balance equationreview2020-12-31
Difference 11529000 exceeds tolerance 7939854.000. Presentation or filing-vintage differences need review.
balance equationreview2019-12-31
Difference 11529000 exceeds tolerance 7298774.000. Presentation or filing-vintage differences need review.
balance equationreview2018-12-31
Difference 11529000 exceeds tolerance 6865551.000. Presentation or filing-vintage differences need review.
balance equationreview2017-12-31
Difference 11529000 exceeds tolerance 6646103.000. Presentation or filing-vintage differences need review.
balance equationreview2016-12-31
Difference 11529000 exceeds tolerance 6471080.000. Presentation or filing-vintage differences need review.