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TXNM ENERGY INC

TXNM

$57.59 ▲ +0.11 (+0.19%) at close

19 Visible periods

34 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Fair

Neutral

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Analytical Summary

TXNM ENERGY INC shows mixed fundamentals. Consider comparing against peers in the Utilities sector before making investment decisions.

Market Cap $5.8B

Dividend Yield 2.87%

Revenue Growth 9.9% ↗

Op. Margin 20.4% ↘

ROIC 4.9% ↘

FCF / Share None

Trailing P/E 38.7x

Price / Book 1.8x

FCF Yield —

Debt / Equity 1.56

info Valuation on last close. End-of-day price, Aug 7, 2026.

19-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$2.17B

↑ +9.9% —

Net Income Profit after all expenses

$169.83M

↓ -34.4% —

Operating Margin Operating profit as % of sales

20.4%

↓ -11.4% 76th

Long-Term Debt Long-term obligations

$5.12B

↑ +18.7% —

trending_up

Bullish Indicators

Operating Margin (%)Operating Margin (%) is in the top quartile

warning

Bearish Risks

Debt to EquityDebt to Equity is concerning (bottom quartile)

Health Breakdown

Profitability →

Returns ↓

Financial Health ↓

Dividend History

Dividend / share · sourced from SEC filings

$1.65 Latest / share

+5.1% YoY

+7.4% 12-yr CAGR

$0.76

FY 2014

$0.82

FY 2015

$0.90

FY 2016

$0.99

FY 2017

$1.08

FY 2018

$1.18

FY 2019

$1.25

FY 2020

$1.33

FY 2021

$1.41

FY 2022

$1.49

FY 2023

$1.57

FY 2024

$1.65

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Revenue Growth YoY (%)	9.9% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+229%)	1.7% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-45%)	-13.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-561%)	26.4% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+781%)	16.9% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+462%)	4.5% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+50%)	1.5% Caution Caution Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-51%)	-0.6% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-119%)	—	—	—	—	—	—	—	—	—	—	—
EPS Growth YoY (%)	-44.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	161.8% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-48.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-13.6% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	5.6% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	122.7% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-9.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	7.0% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	-32.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	635.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-86.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	15.9% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	-4.5% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	-33.3% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	N/M	—	—
Net Income Growth YoY (%)	-34.4% Weak ↓ Weak Declining Year-over-year change in net income	142.1% Excellent ↑ Excellent Improving Year-over-year change in net income	-42.3% Weak ↓ Weak Declining Year-over-year change in net income	-12.6% Weak ↓ Weak Declining Year-over-year change in net income	13.1% Fair ↓ Fair Declining Year-over-year change in net income	103.3% Excellent ↑ Excellent Improving Year-over-year change in net income	-9.0% Weak ↓ Weak Declining Year-over-year change in net income	6.1% Fair ↓ Fair Declining Year-over-year change in net income	-18.3% Weak ↓ Weak Declining Year-over-year change in net income	647.1% Excellent ↑ Excellent Improving Year-over-year change in net income	-86.5% Weak ↓ Weak Declining Year-over-year change in net income	15.7% Good ↑ Good Improving Year-over-year change in net income	-4.8% Weak Weak Year-over-year change in net income	-40.2% Weak Weak Year-over-year change in net income	N/M	N/M	N/M	—	—
FCF Growth YoY (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Revenue CAGR 3Y (%)	-1.3% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	3.5% Caution ↓ Caution Declining Compound annual revenue growth over 3 years	8.4% Fair → Fair Stable Compound annual revenue growth over 3 years	15.6% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	7.4% Fair Fair Compound annual revenue growth over 3 years	1.8% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—	—	—	—	—	—	—	—	—	—
Revenue CAGR 5Y (%)	7.3% Fair → Fair Stable Compound annual revenue growth over 5 years	6.2% Fair ↓ Fair Declining Compound annual revenue growth over 5 years	6.2% Fair Fair Compound annual revenue growth over 5 years	9.3% Good Good Compound annual revenue growth over 5 years	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
EPS CAGR 3Y (%)	-8.9% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	5.4% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	-22.1% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	26.6% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	28.7% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	29.3% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	-12.9% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	74.9% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	-11.9% Weak ↑ Weak Improving Compound annual EPS growth over 3 years	5.3% Fair ↑ Fair Improving Compound annual EPS growth over 3 years	-46.7% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	-9.7% Weak Weak Compound annual EPS growth over 3 years	—	-1.0% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Operating Margin (%) (%)	20.4% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	23.0% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+15%)	11.9% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-40%)	17.5% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-13%)	17.3% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-13%)	18.7% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-6%)	9.9% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-51%)	16.4% Fair Fair Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-18%)	21.8% Good Good Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+9%)	—	—	—	—	—	—	—	—	—	—
Effective Tax Rate (%) (%)	5.7% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	7.7% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-18.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	12.4% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	13.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	9.9% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-37.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	7.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	57.7% Weak ↑ Weak Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	32.4% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	32.7% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	34.8% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	34.0% Weak ↓ Weak Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	31.4% Weak ↓ Weak Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	38.9% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	50.9% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—
Profit Margin (%) (%)	7.8% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-35%)	13.1% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+9%)	5.5% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-54%)	8.2% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-31%)	11.9% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	12.3% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	6.3% Caution ↓ Caution Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-47%)	7.1% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-41%)	6.6% Caution Caution Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-45%)	—	—	—	—	—	—	—	—	—	—
FCF Margin (%) (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF / Net Income (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Return on Invested Capital (%)	4.9% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	6.1% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	4.1% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	5.7% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	4.7% Caution ↓ Caution Declining Return earned on debt + equity capital invested Optimal: > 10%	5.4% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	4.7% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	5.0% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	3.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	4.9% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	2.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	5.3% Caution → Caution Stable Return earned on debt + equity capital invested Optimal: > 10%	5.5% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	5.7% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	4.8% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	3.8% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	4.7% Caution Caution Return earned on debt + equity capital invested Optimal: > 10%	—	—
Return on Capital (%) (%)	3.7% Weak → Weak Stable Operating profit relative to total assets Optimal: > 10%	4.0% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	2.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	4.3% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	3.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	3.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	2.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	3.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	4.7% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	4.3% Caution → Caution Stable Operating profit relative to total assets Optimal: > 10%	2.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	5.1% Caution → Caution Stable Operating profit relative to total assets Optimal: > 10%	5.2% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	5.1% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	4.9% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	4.6% Caution Caution Operating profit relative to total assets Optimal: > 10%	3.6% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	5.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-50%)	10.2% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	4.5% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-55%)	8.4% Caution → Caution Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-16%)	9.8% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	9.1% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-9%)	5.5% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-45%)	6.0% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-40%)	5.6% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-44%)	7.0% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-30%)	0.9% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-91%)	6.8% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-32%)	6.0% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-40%)	6.6% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-34%)	11.2% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+12%)	-2.9% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-129%)	7.5% Caution Caution Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-25%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Debt to Equity (x)	1.56x Weak ↓ Weak Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+20%)	1.94x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+49%)	1.92x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+47%)	1.88x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+45%)	1.65x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+27%)	1.34x Caution ↓ Caution Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: At sector avg	1.61x Weak → Weak Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+24%)	1.72x Weak ↑ Weak Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+32%)	1.47x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+13%)	1.44x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Above avg (+10%)	1.34x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: At sector avg	1.21x Caution ↑ Caution Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-7%)	1.13x Caution → Caution Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-13%)	1.14x Caution → Caution Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-12%)	1.12x Caution → Caution Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-14%)	1.16x Caution Caution Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-11%)	1.07x Caution Caution Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-18%)	—	—
Interest Coverage (x)	1.88x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	2.18x Caution ↓ Caution Declining Operating income divided by interest expense Optimal: > 5x	1.22x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	3.08x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	3.18x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	2.49x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	1.19x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	1.86x Caution → Caution Stable Operating income divided by interest expense Optimal: > 5x	2.47x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	2.16x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	1.08x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	2.51x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	2.36x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	2.27x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	2.06x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	1.91x Caution ↑ Caution Improving Operating income divided by interest expense Optimal: > 5x	1.57x Caution Caution Operating income divided by interest expense Optimal: > 5x	-1.73x Weak Weak Operating income divided by interest expense Optimal: > 5x	—
Net Debt (USD)	$5.28B	$4.92B	$4.50B	$4.12B	$3.58B	$2.70B	$2.70B	$2.90B	$2.48B	$2.40B	$2.17B	$2.05B	$1.89B	$1.82B	$1.74B	$1.77B	$1.75B	$-140.64M	$-17.79M
Debt / EBITDA (x)	5.73x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.61x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	7.70x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.61x Weak → Weak Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.70x Weak → Weak Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.59x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	6.07x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	5.68x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.26x Weak ↓ Weak Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.63x Weak → Weak Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	6.39x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.08x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.83x Caution → Caution Stable Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.81x Caution ↓ Caution Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	3.88x Caution ↓ Caution Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.20x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	4.83x Weak Weak Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Revenue per Share (USD)	$21.33	$21.77	$22.47	$26.13	$20.68	$19.00	$18.24	$17.98	$18.09	—	—	—	—	—	—	—	—	—	—
Basic EPS, GAAP (USD)	$1.49	$2.67	$1.02	$1.97	$2.28	$2.16	$0.97	$1.07	$1.00	$1.47	$0.20	$1.46	$1.26	$1.32	$1.98	$-0.49	$1.36	$-3.24	—
Free Cash Flow per Share (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend per Share (USD)	$1.65	$1.57	$1.49	$1.41	$1.33	$1.25	$1.18	$1.08	$0.99	$0.90	$0.82	$0.76	$0.68	$0.58	$0.50	$0.50	$0.50	$0.60	—
Book Value per Share (USD)	$31.25	$27.37	$27.37	$25.54	$25.25	$23.88	$21.07	$21.20	$21.28	$21.04	$20.78	$21.61	$21.01	$20.19	$224.23	$17.73	$19.03	—	—
Tangible Book Value per Share (USD)	$28.70	$24.37	$24.13	$22.29	$22.01	$20.63	$17.58	$17.70	$17.79	$17.55	$17.28	$18.12	$17.52	$16.70	$184.58	$13.72	$15.02	—	—
Basic Weighted Avg Shares (shares)	101.51M	90.53M	86.30M	86.12M	86.07M	80.16M	79.93M	79.89M	79.89M	79.76M	79.76M	79.79M	79.84M	79.80M	89.20M	91.56M	—	—	—
Dividend Payout Ratio (%)	110.7% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	58.8% Fair ↓ Fair Declining Dividends paid as a percentage of earnings Optimal: 30-60%	146.1% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	71.6% Caution ↓ Caution Declining Dividends paid as a percentage of earnings Optimal: 30-60%	58.3% Fair ↓ Fair Declining Dividends paid as a percentage of earnings Optimal: 30-60%	57.9% Fair ↓ Fair Declining Dividends paid as a percentage of earnings Optimal: 30-60%	121.4% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	101.4% Weak ↓ Weak Declining Dividends paid as a percentage of earnings Optimal: 30-60%	99.2% Weak ↓ Weak Declining Dividends paid as a percentage of earnings Optimal: 30-60%	61.4% Fair ↓ Fair Declining Dividends paid as a percentage of earnings Optimal: 30-60%	410.0% Weak ↑ Weak Improving Dividends paid as a percentage of earnings Optimal: 30-60%	51.7% Fair ↑ Fair Improving Dividends paid as a percentage of earnings Optimal: 30-60%	54.0% Fair ↑ Fair Improving Dividends paid as a percentage of earnings Optimal: 30-60%	43.9% Good ↑ Good Improving Dividends paid as a percentage of earnings Optimal: 30-60%	25.3% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	-102.0% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	36.8% Good Good Dividends paid as a percentage of earnings Optimal: 30-60%	-18.7% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Working Capital (USD)	$-452.88M	$-1.28B	$-755.22M	$-479.39M	$-339.61M	$-600.18M	$-673.47M	$-209.93M	$-541.22M	$-427.07M	$-255.55M	$-271.46M	$-91.13M	$8.09M	$89.55M	$23.76M	$14.93M	—	—
LT Debt (USD)	$5.12B	$4.31B	$4.24B	$3.89B	$3.52B	$2.72B	$2.52B	$2.67B	$2.18B	$2.12B	$1.97B	$1.98B	$1.75B	$1.67B	$1.67B	$1.57B	$1.57B	—	—
Total Equity (USD)	$3.40B	$2.54B	$2.35B	$2.19B	$2.17B	$2.05B	$1.68B	$1.69B	$1.70B	$1.68B	$1.65B	$1.72B	$1.67B	$1.61B	$1.57B	$1.54B	$1.65B	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Sales/Revenue/Turnover (USD)	$2.17B	$1.97B	$1.94B	$2.25B	$1.78B	$1.52B	$1.46B	$1.44B	$1.45B	—	—	—	—	—	—	—	—	—	—
Depreciation Expense (USD)	$483.38M	$423.01M	$353.69M	$341.12M	$320.21M	$314.67M	$301.07M	$275.64M	$268.19M	$242.03M	$222.86M	$209.87M	$208.17M	$206.50M	$195.37M	$186.07M	$173.45M	$167.11M	—
Net Income, GAAP (USD)	$169.83M	$258.72M	$106.88M	$185.18M	$211.85M	$187.32M	$92.13M	$101.28M	$95.42M	$116.85M	$15.64M	$116.25M	$100.51M	$105.55M	$176.36M	$-45.22M	$124.32M	$-270.64M	—
Operating Cash Flow (USD)	$584.49M	$508.16M	$551.17M	$567.28M	$547.87M	$485.70M	$503.16M	$428.23M	$523.46M	$415.45M	$386.87M	$414.88M	$386.59M	$281.35M	$292.24M	$287.35M	$87.71M	$88.62M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 19 years · 69 quarters

TXNM ENERGY INC

Analytical Summary

19-Year Financial Trajectory

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