TXNM - TXNM Energy, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$53.31
DETAILS
HIGH:
$61.25
LOW:
$47.00
MEDIAN:
$52.50
CONSENSUS:
$53.31
DOWNSIDE:
7.70%
| Metric | 2026 Q2 | 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 | 548.6 | 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 | 329.5 | 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 | 219.1 | 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 | 0 |
| SG&A Expenses | 64.9 | 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 | 30.9 | 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 | 95.8 | 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 | 123.3 | 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 | 69.9 | 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 | 4.2 | 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 | 284.6 | 202.0 | 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 | 157.0 | 76.6 | 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 | 87.7 | 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 | 12.3 | (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 | 71.4 | 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) | 0.64 | 0.03 | -0.09 | 1.22 | 0.22 | 0.10 | 0.17 | 1.45 | 0.53 | 0.52 | -0.57 | 0.44 | 0.53 | 0.64 | 0.18 |
| EPS (Diluted) | 0.64 | 0.03 | -0.09 | 1.22 | 0.22 | 0.10 | 0.17 | 1.45 | 0.53 | 0.52 | -0.57 | 0.44 | 0.53 | 0.64 | 0.18 |
| Shares Outstanding | 111.2 | 109.8 | 108.9 | 107.4 | 96.1 | 93.0 | 90.2 | 90.5 | 90.7 | 90.5 | 88.4 | 86.1 | 86.1 | 86.1 | 85.8 |
| Metric | 2026 Q2 | 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 | 14.6 | 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 | 0 |
| Net Receivables | 312.1 | 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 | 193.8 | 189.5 | 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 | 107.3 | 66.4 | 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 | 660.4 | 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 | 9,728.5 | 9,535.8 | 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 | 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 | 0 |
| Long-Term Investments | 513.9 | 494.8 | 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 | 1,326.9 | 1,267.3 | 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 | 11,847.6 | 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 | 12,507.9 | 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 | 194.6 | 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 | 717.9 | 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 | 7.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 265.1 | 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 | 1,184.7 | 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 | 34.8 | 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 | 990.6 | 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 | 6,234.1 | 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 | 7,709.3 | 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 | 8,894.0 | 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 | 2,685.1 | 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 | 895.1 | 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 | (25.8) | (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 | 3,554.5 | 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 | 12,448.4 | 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 | 752.7 | 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 | 738.1 | 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 Q2 | 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 | 71.4 | 8.0 | (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 | 127.6 | 125.4 | 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 | 5.1 | 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 | (114.8) | 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 | (26.0) | 5.1 | 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 | 69.8 | 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 | (264.8) | (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 | 0 | 104.4 | (0.5) | (11) | (3.2) | (11.5) | 0 |
| Purchases of Investments | (220.5) | (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 | 219.6 | 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) | (0.0) | 11.5 | 3.4 | (0.0) | 2.8 | 0 | 4.3 | (0.0) | 28.4 | (0.0) |
| Investing Cash Flow | (265.7) | (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 | 219.8 | 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 | (1.0) | (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 | (46.9) | (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 | 19.5 | 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 | 211.0 | 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 | 9.0 | (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 | 5.6 | 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 | 14.6 | 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 | (195.0) | (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 Q2 | 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 | 548.6 | 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 | 219.1 | 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 | 123.3 | 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 | 71.4 | 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) | 0.64 | 0.03 | -0.09 | 1.22 | 0.22 | 0.10 | 0.17 | 1.45 | 0.53 | 0.52 | -0.57 | 0.44 | 0.53 | 0.64 | 0.18 |
| Balance Sheet | |||||||||||||||
| Cash & Equivalents | 14.6 | 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 | 12,507.9 | 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 | 752.7 | 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 | 3,554.5 | 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 | 69.8 | 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 | (264.8) | (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 | (195.0) | (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) |