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%
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4
Revenue
Revenue 505.0 533.2 647.2 502.4 482.8 477.0 569.3 488.1 436.9 412.1 505.9 477.2 544.1 575.8
Cost of Revenue 329.1 343.2 348.4 325.4 323.8 310.6 281.2 298.8 270.5 309.2 336.0 302.7 364.3 435.7
Gross Profit 175.9 190.0 298.8 177.0 159.0 166.4 288.0 189.3 166.4 103.0 169.9 174.5 179.8 140.1
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 66.9 69.2 68.4 76.0 60.8 67.3 64.8 59.6 55.4 60.3 58.5 54.0 55.1 61.8
Other Expenses 32.0 27.0 28.2 28.3 26.4 24.6 26.0 24.1 25.9 23.5 22.4 24.4 25.6 21.8
Operating Expenses 98.9 96.3 96.6 104.3 87.1 91.9 90.8 83.7 81.4 83.8 80.9 78.4 80.7 83.6
Operating Income
Operating Income 77.0 93.7 202.1 72.7 71.9 74.5 197.2 105.7 85.0 19.1 89.0 96.1 99.1 56.5
Interest Expense 69.3 125.8 70.1 72.0 63.6 58.8 59.7 55.8 53.8 53.7 49.8 45.9 40.9 37.9
Interest Income 3.6 5.5 6.5 3.9 4.2 5.8 8.7 4.5 4.6 6.4 5.4 5.4 4.8 4.5
Profitability
EBITDA 202.4 173.9 351.3 221.5 192.9 188.3 327.0 220.1 187.6 67.9 176.2 190.3 196.4 154.5
EBIT 77.0 109.4 225.4 100.5 78.6 79.2 219.5 116.8 84.6 (23.2) 87.5 103.6 109.2 69.2
Income Before Tax 8.0 (16.4) 155.3 27.3 13.8 21.7 159.8 60.9 37.8 (74.8) 37.6 57.7 70.1 29.2
Income Tax Expense (0.0) (11.1) 18.9 1.3 1.0 1.7 23.4 9.0 (12.6) (29.1) (5.3) 8.2 9.8 9.1
Net Income 3.9 (9.7) 130.8 21.7 9.1 15.8 131.3 48.2 47.3 (50.1) 37.9 45.4 55.1 15.9
Per Share Data
EPS (Basic) 0.04 -0.11 1.22 0.23 0.10 0.17 1.45 0.53 0.52 -0.57 0.44 0.53 0.64 0.18
EPS (Diluted) 0.04 -0.11 1.22 0.23 0.10 0.17 1.45 0.53 0.52 -0.57 0.44 0.53 0.64 0.18
Shares Outstanding 93.0 93.0 93.0 93.0 93.0 92.0 90.5 90.7 90.5 88.4 86.1 86.1 86.1 85.8
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4
Current Assets
Cash & Cash Equivalents 5.6 1.6 32.1 35.8 14.2 4.5 7.2 3.2 3.0 2.2 7.8 7.6 4.1 4.1
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 275.7 0 324.3 284.9 239.7 244.4 280.2 308.0 206.1 273.6 271.1 222.7 205.5 269.8
Inventory 0 0 173.0 171.2 168.2 166.9 120.5 115.1 104.5 98.0 83.4 81.0 64.3 66.7
Other Current Assets 280.9 10.9 35.4 42.0 41.0 57.6 53.5 81.0 77.5 82.0 105.3 69.8 56.1 51.9
Total Current Assets 562.2 12.6 595.4 573.7 489.4 498.8 495.7 537.7 407.8 475.5 489.2 404.6 351.9 411.0
Non-Current Assets
Property, Plant & Equipment 0 21.1 9,367.1 9,113.6 8,921.0 8,738.7 8,412.9 8,179.3 7,967.9 7,821.4 7,626.4 7,294.4 7,091.1 7,055.6
Goodwill 278.3 0 278.3 278.3 278.3 278.3 278.3 278.3 278.3 278.3 278.3 278.3 278.3 278.3
Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 501.0 0 495.9 489.0 472.2 493.4 453.8 441.5 448.4 565.9 540.1 539.8 533.7 508.3
Other Non-Current Assets 10,796.8 4,311.8 1,234.8 1,220.6 1,229.7 1,202.5 1,202.9 1,146.7 1,155.3 1,111.5 1,116.8 1,109.9 1,098.2 1,004.2
Total Non-Current Assets 11,576.2 4,332.9 11,376.1 11,101.5 10,901.2 11,049.3 10,347.8 10,045.8 9,849.8 10,115.5 9,561.6 9,222.3 9,001.2 9,214.6
Total Assets 12,138.4 4,345.4 11,971.5 11,675.3 11,390.6 11,548.1 10,843.5 10,583.4 10,257.7 10,591.0 10,050.8 9,627.0 9,353.1 9,625.6
Current Liabilities
Account Payables 157.4 0 154.4 147.6 163.1 204.5 136.4 140.3 133.5 205.2 157.0 147.6 122.3 215.7
Short-Term Debt 573.7 2.6 743.0 786.3 1,289.4 1,244.3 890.1 586.3 548.6 563.1 928.7 766.2 837.9 442.9
Deferred Revenue 7.0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 284.8 64.2 278.8 186.4 241.7 326.3 343.1 412.1 425.1 462.5 392.8 194.4 235.3 231.7
Total Current Liabilities 1,022.9 66.8 1,176.2 1,120.4 1,694.2 1,775.1 1,369.6 1,138.6 1,107.1 1,230.8 1,478.6 1,108.2 1,195.5 890.4
Non-Current Liabilities
Long-Term Debt 41.0 0 4,680.4 4,782.5 4,582.7 4,311.8 4,511.2 4,597.0 4,355.0 4,241.6 3,902.7 3,927.6 3,668.1 3,892.6
Deferred Tax Liabilities 970.2 0 945.8 918.2 909.8 1,235.8 886.2 854.2 835.8 1,183.7 859.2 861.4 839.0 1,191.0
Other Non-Current Liabilities 6,149.2 887.2 1,024.7 1,016.3 1,019.7 1,016.4 1,035.4 1,040.2 1,043.4 1,038.3 1,020.5 1,023.4 1,012.6 1,011.4
Total Non-Current Liabilities 7,590.4 887.2 7,322.4 7,326.5 7,134.2 7,178.2 6,954.3 6,981.6 6,734.3 6,949.7 6,274.4 6,193.6 5,881.3 6,478.7
Total Liabilities 8,613.3 954.0 8,498.7 8,446.9 8,828.4 8,953.3 8,323.9 8,120.2 7,841.4 8,180.4 7,752.9 7,301.8 7,076.8 7,369.1
Stockholders' Equity
Common Stock 2,667.3 2,563.9 2,565.6 2,366.8 1,721.1 1,724.4 1,624.7 1,625.3 1,624.0 1,624.8 1,425.3 1,423.8 1,424.2 1,429.1
Retained Earnings 823.9 866.9 924.2 879.4 857.8 887.6 908.7 847.4 799.3 787.1 872.3 897.7 852.3 828.9
Accumulated Other Comprehensive Income (26.3) (26.8) (73.8) (75.4) (74.6) (75.7) (73.4) (69.9) (67.6) (62.8) (62.4) (59.2) (64.4) (66.0)
Total Stockholders' Equity 3,465.0 3,404.0 3,427.6 3,182.3 2,515.9 2,547.9 2,471.5 2,414.3 2,367.3 2,360.6 2,246.7 2,273.8 2,223.7 2,203.5
Total Liabilities & Equity 12,078.2 4,358.0 11,971.5 11,675.3 11,390.6 11,548.1 10,843.5 10,583.4 10,257.7 10,591.0 10,050.8 9,627.0 9,353.1 9,625.6
Debt Metrics
Total Debt 614.7 2.6 5,745.5 5,833.4 6,141.7 5,827.9 5,575.0 5,358.5 5,085.8 4,989.1 5,017.8 4,745.7 4,563.5 4,393.0
Net Debt 609.1 1.0 5,713.4 5,797.6 6,127.6 5,823.4 5,567.7 5,355.2 5,082.8 4,986.9 5,010.0 4,738.1 4,559.4 4,388.9
Metric 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4
Operating Activities
Net Income 3.7 (5.3) 136.3 26.0 12.8 20.0 136.4 52.0 50.4 (45.7) 42.9 49.4 60.3 20.1
Depreciation & Amortization 38.8 122.3 125.8 120.9 114.3 109.1 107.6 103.4 103.0 91.1 88.7 86.7 87.1 85.3
Stock-Based Compensation 0 2.0 1.4 2.3 3.0 1.6 1.2 2.1 4.6 1.3 1.5 0.9 3.5 1.9
Change in Working Capital 10.1 (0.6) 17.5 (120.5) 10.0 22.2 (75.7) (84.7) (51.8) 72.4 37.6 (30.2) (21.4) 32.3
Other Non-Cash Items 92.3 50.7 (17.2) (26.4) 0.5 1.0 (12.4) (4.4) (20.2) 43.9 5.7 (3.5) (7.6) (9.3)
Operating Cash Flow 153.2 157.7 282.0 3.5 141.3 158.6 180.0 76.7 92.8 138.6 170.2 110.9 131.5 139.8
Investing Activities
Capital Expenditure (312.7) (309.8) (277.3) (266.2) (342.6) (341.5) (323.7) (292.7) (289.1) (267.9) (270.9) (272.6) (264.4) (209.7)
Acquisitions 0 0 0 0 0 0 0 0 104.4 (0.5) (11) (3.2) (11.5) 0
Purchases of Investments (112.7) (269.3) (243.9) (108.7) (92.5) (0.2) (339.0) (112.6) (305.0) (169.8) (141.8) (185.9) (95.8) (232.4)
Sales/Maturities of Investments 110.1 252.6 242.0 108.6 90.1 (38.3) 332.9 110.2 302.5 161.6 137.8 182.9 91.8 203.2
Other Investing Activities 0.0 (0.0) (0.0) (0.0) (0.0) 11.5 3.4 (0.0) 2.8 0 4.3 (0.0) 28.4 (0.0)
Investing Cash Flow (315.4) (326.6) (279.2) (266.3) (345.0) (368.5) (326.4) (295.1) (184.4) (276.5) (281.6) (278.8) (251.4) (238.9)
Financing Activities
Net Debt Issuance 78.2 207.6 (145.4) (303) 316.0 150.3 218.1 292.9 99.6 (25.5) 134 192.1 177.4 171.8
Stock Repurchased (5.4) (3.5) (0.2) (1.9) (6.3) (0.5) (1.7) (0.8) (5.4) (0.0) (0.0) (1.2) (8.4) (0.1)
Dividends Paid (46.2) (44.5) (43.1) (37.9) (37.9) (35.1) (35.1) (35.1) (35.1) (31.7) (31.7) (31.7) (31.7) (30.0)
Other Financing Activities 11.7 1.5 (9.2) (18.1) (74.2) 2.2 (38.8) (30.2) 40.4 (6.8) 9.3 12.2 (17.3) (44.1)
Financing Cash Flow 142.0 160.9 (0.3) 284.4 197.6 215.5 142.5 226.8 99.5 134.1 111.6 171.4 120.0 97.6
Cash Position
Net Change in Cash (12.6) (8.0) 2.5 21.6 (6.2) 5.6 (3.9) 8.4 8.0 (3.8) 0.1 3.5 0.1 (1.5)
Cash at Beginning 18.3 40.0 37.5 15.9 22.1 16.4 20.3 11.9 3.9 7.8 7.6 4.1 4.1 5.6
Cash at End 5.6 32.0 40.0 37.5 15.9 22.1 16.4 20.3 11.9 3.9 7.8 7.6 4.1 4.1
Free Cash Flow (159.5) (152.1) 4.7 (262.6) (201.4) (182.9) (143.7) (216.0) (196.3) (129.3) (100.8) (161.7) (132.9) (69.9)
Key Metrics 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4
Income Statement
Revenue 505.0 533.2 647.2 502.4 482.8 477.0 569.3 488.1 436.9 412.1 505.9 477.2 544.1 575.8
Gross Profit 175.9 190.0 298.8 177.0 159.0 166.4 288.0 189.3 166.4 103.0 169.9 174.5 179.8 140.1
Operating Income 77.0 93.7 202.1 72.7 71.9 74.5 197.2 105.7 85.0 19.1 89.0 96.1 99.1 56.5
Net Income 3.9 (9.7) 130.8 21.7 9.1 15.8 131.3 48.2 47.3 (50.1) 37.9 45.4 55.1 15.9
EPS (Diluted) 0.04 -0.11 1.22 0.23 0.10 0.17 1.45 0.53 0.52 -0.57 0.44 0.53 0.64 0.18
Balance Sheet
Cash & Equivalents 5.6 1.6 32.1 35.8 14.2 4.5 7.2 3.2 3.0 2.2 7.8 7.6 4.1 4.1
Total Assets 12,138.4 4,345.4 11,971.5 11,675.3 11,390.6 11,548.1 10,843.5 10,583.4 10,257.7 10,591.0 10,050.8 9,627.0 9,353.1 9,625.6
Total Debt 614.7 2.6 5,745.5 5,833.4 6,141.7 5,827.9 5,575.0 5,358.5 5,085.8 4,989.1 5,017.8 4,745.7 4,563.5 4,393.0
Stockholders' Equity 3,465.0 3,404.0 3,427.6 3,182.3 2,515.9 2,547.9 2,471.5 2,414.3 2,367.3 2,360.6 2,246.7 2,273.8 2,223.7 2,203.5
Cash Flow
Operating Cash Flow 153.2 157.7 282.0 3.5 141.3 158.6 180.0 76.7 92.8 138.6 170.2 110.9 131.5 139.8
Capital Expenditure (312.7) (309.8) (277.3) (266.2) (342.6) (341.5) (323.7) (292.7) (289.1) (267.9) (270.9) (272.6) (264.4) (209.7)
Free Cash Flow (159.5) (152.1) 4.7 (262.6) (201.4) (182.9) (143.7) (216.0) (196.3) (129.3) (100.8) (161.7) (132.9) (69.9)