TXNM Energy, Inc. logo TXNM - TXNM Energy, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 4
HOLD 3
SELL 0
STRONG
SELL 0
| PRICE TARGET: $53.31 DETAILS
HIGH: $61.25
LOW: $47.00
MEDIAN: $52.50
CONSENSUS: $53.31
DOWNSIDE: 10.36%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019
Revenue
Revenue 2,165.6 1,971.2 1,939.2 2,249.6 1,779.8 1,522.9 1,457.5
Cost of Revenue 1,340.8 1,161.0 1,312.1 1,534.8 1,154.1 938.7 892.9
Gross Profit 824.8 810.2 627.1 714.7 625.6 584.2 564.6
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0
SG&A Expenses 274.5 247.1 227.9 227.1 230.3 216.3 189.2
Other Expenses 109.9 100.6 95.9 93.0 86.0 81.5 80.1
Operating Expenses 384.3 347.7 323.8 320.1 316.3 297.9 269.3
Operating Income
Operating Income 441.2 462.5 303.3 394.6 309.3 286.4 295.3
Interest Expense 335.0 228.1 190.4 127.9 96.9 114.4 121.0
Interest Income 20.1 23.5 22.0 16.1 14.7 14.2 14.0
Profitability
EBITDA 940.7 929.2 627.7 682.4 663.8 639.9 494.9
EBIT 515.0 506.2 274.0 341.3 343.6 325.3 193.8
Income Before Tax 180.0 280.2 90.5 211.3 244.4 208.0 66.8
Income Tax Expense 10.2 21.5 (16.4) 26.1 32.6 20.6 (25.3)
Net Income 151.4 242.7 88.3 170.1 196.4 173.3 77.9
Per Share Data
EPS (Basic) 1.63 2.67 1.02 1.97 2.28 2.16 0.97
EPS (Diluted) 1.62 2.67 1.02 1.97 2.27 2.15 0.96
Shares Outstanding 93.0 90.7 86.1 86.1 85.9 80.2 80.2
Metric 2025 2024 2023 2022 2021 2020 2019
Current Assets
Cash & Cash Equivalents 1.6 4.5 2.2 4.1 1.1 47.9 3.8
Short-Term Investments 0 0 0 0 0 0 0
Net Receivables 0 244.4 273.6 269.8 204.7 198.4 160.4
Inventory 0 166.9 98.0 66.7 65.1 66.4 77.9
Other Current Assets 10.9 57.6 82.0 51.9 16.4 64.8 51.8
Total Current Assets 12.6 498.8 475.5 411.0 324.6 377.5 294.0
Non-Current Assets
Property, Plant & Equipment 21.1 8,738.7 7,821.4 7,055.6 6,857.8 6,094.4 5,609.7
Goodwill 0 278.3 278.3 278.3 278.3 278.3 278.3
Intangible Assets 0 0 0 0 0 0 0
Long-Term Investments 0 493.4 565.9 508.3 552.5 531.1 454.3
Other Non-Current Assets 4,311.8 1,202.5 1,111.5 1,004.2 653.6 658.7 662.4
Total Non-Current Assets 4,332.9 11,049.3 10,115.5 9,214.6 8,691.5 7,955.5 7,399.4
Total Assets 4,345.4 11,548.1 10,591.0 9,625.6 9,016.1 8,333.0 7,693.4
Current Liabilities
Account Payables 0 204.5 205.2 215.7 172.6 169.3 103.1
Short-Term Debt 2.6 1,244.3 563.1 442.9 275.1 639.4 706.1
Deferred Revenue 0 0 0 0 0 0 0
Other Current Liabilities 64.2 326.3 462.5 231.7 216.5 168.9 158.3
Total Current Liabilities 66.8 1,775.1 1,230.8 890.4 664.2 977.7 967.5
Non-Current Liabilities
Long-Term Debt 0 4,311.8 4,241.6 3,892.6 3,519.6 2,719.6 2,517.4
Deferred Tax Liabilities 0 1,235.8 1,183.7 1,191.0 1,114.0 1,087.7 1,020.7
Other Non-Current Liabilities 887.2 1,016.4 1,038.3 1,011.4 1,094.6 1,091.8 1,143.2
Total Non-Current Liabilities 887.2 7,178.2 6,949.7 6,478.7 6,117.4 5,235.3 4,972.7
Total Liabilities 954.0 8,953.3 8,180.4 7,369.1 6,781.6 6,213.0 5,940.1
Stockholders' Equity
Common Stock 2,563.9 1,724.4 1,624.8 1,429.1 1,429.3 1,429.9 1,150.6
Retained Earnings 866.9 887.6 787.1 828.9 810.2 698.7 627.5
Accumulated Other Comprehensive Income (26.8) (75.7) (62.8) (66.0) (71.9) (79.2) (99.4)
Total Stockholders' Equity 3,404.0 2,547.9 2,360.6 2,203.5 2,179.1 2,061.0 1,690.2
Total Liabilities & Equity 4,358.0 11,548.1 10,591.0 9,625.6 9,016.1 8,333.0 7,693.4
Debt Metrics
Total Debt 2.6 5,827.9 4,989.1 4,393.0 3,866.7 3,456.1 3,336.1
Net Debt 1.0 5,823.4 4,986.9 4,388.9 3,865.6 3,408.2 3,332.3
Metric 2025 2024 2023 2022 2021 2020 2019
Operating Activities
Net Income 169.8 258.7 106.9 185.2 211.8 187.3 92.1
Depreciation & Amortization 483.4 423.0 353.7 341.1 320.2 314.7 301.1
Stock-Based Compensation 8.7 9.5 7.2 7.8 9.4 8.1 6.4
Change in Working Capital (93.6) (190.1) 58.4 (59.1) (1.0) (16.6) 14.5
Other Non-Cash Items 7.6 (36.0) 38.5 67.8 (23.4) (28.3) 114.4
Operating Cash Flow 584.5 508.2 551.2 567.3 547.9 485.7 503.2
Investing Activities
Capital Expenditure (1,195.9) (1,247.0) (1,075.8) (912.6) (935.0) (679.0) (616.3)
Acquisitions 0 104.4 (26.2) 0 0 (23.2) (38.2)
Purchases of Investments (714.4) (756.8) (593.2) (564.9) (477.7) (607.6) (513.9)
Sales/Maturities of Investments 693.3 707.3 574.2 526.4 459.9 591.0 494.5
Other Investing Activities (0.1) 17.8 32.7 0.7 0.6 (14.9) (0.0)
Investing Cash Flow (1,217.1) (1,174.4) (1,088.4) (950.3) (952.3) (733.8) (673.9)
Financing Activities
Net Debt Issuance 75.2 760.9 478.0 547.8 435.7 136.9 286.9
Stock Repurchased (12.0) (8.5) (9.6) (8.0) (10.1) (12.0) (9.9)
Dividends Paid (163.4) (140.3) (126.7) (119.8) (113.0) (98.5) (92.9)
Other Financing Activities (100.1) (26.3) (2.7) (33.9) 45.0 (17.5) (12.6)
Financing Cash Flow 642.5 684.4 537.1 386.0 357.6 292.2 172.4
Cash Position
Net Change in Cash 9.9 18.1 (0.1) 3.0 (46.8) 44.1 1.7
Cash at Beginning 22.1 3.9 4.1 1.1 47.9 3.8 2.1
Cash at End 32.0 22.1 3.9 4.1 1.1 47.9 3.8
Free Cash Flow (611.4) (738.9) (524.6) (345.3) (387.1) (193.3) (113.1)
Key Metrics 2025 2024 2023 2022 2021 2020 2019
Income Statement
Revenue 2,165.6 1,971.2 1,939.2 2,249.6 1,779.8 1,522.9 1,457.5
Gross Profit 824.8 810.2 627.1 714.7 625.6 584.2 564.6
Operating Income 441.2 462.5 303.3 394.6 309.3 286.4 295.3
Net Income 151.4 242.7 88.3 170.1 196.4 173.3 77.9
EPS (Diluted) 1.62 2.67 1.02 1.97 2.27 2.15 0.96
Balance Sheet
Cash & Equivalents 1.6 4.5 2.2 4.1 1.1 47.9 3.8
Total Assets 4,345.4 11,548.1 10,591.0 9,625.6 9,016.1 8,333.0 7,693.4
Total Debt 2.6 5,827.9 4,989.1 4,393.0 3,866.7 3,456.1 3,336.1
Stockholders' Equity 3,404.0 2,547.9 2,360.6 2,203.5 2,179.1 2,061.0 1,690.2
Cash Flow
Operating Cash Flow 584.5 508.2 551.2 567.3 547.9 485.7 503.2
Capital Expenditure (1,195.9) (1,247.0) (1,075.8) (912.6) (935.0) (679.0) (616.3)
Free Cash Flow (611.4) (738.9) (524.6) (345.3) (387.1) (193.3) (113.1)