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TXNM · Power & utilities · U.S.

TXNM Energy

Supplies electricity to homes and businesses in New Mexico and Texas.

Company Health

22
/100
Fragile
A quick check of the business from its yearly reports (2022–2025). It doesn’t say whether the stock is a good buy.
Does it make money?
15 of 25 · Okay
$8 of every $100 in sales was left as profit last year.
Is it growing?
7 of 25 · Poor
Sales shrank about 1% a year over the last 3 years.
Can it handle what it owes?
0 of 25 · Poor
It would take about 15 years of the cash its business brings in to pay off everything it owes.
Does it bring in spare cash?
0 of 25 · Poor
It spent more cash than it brought in: $28 of every $100 in sales.

Who owns it

1 of 23 own it · 1 bought more lately
bought lately
owns it
doesn’t own it
Didn’t report owning it: Whale Rock, Appaloosa, Coatue, D1 Capital, Light Street, Lone Pine, Third Point, TCI, Pershing Square, Duquesne, Himalaya Capital, Greenlight, Giverny Capital, Fundsmith, Semper Augustus, Akre
Their letters don’t mention it: Arquitos, Laughing Water, Alluvial, Bireme, Kingdom Capital, Saga Partners
From each fund’s latest 13F report (Jun 30, 2026). Funds that don’t file one: from their own letters.

The numbers

From TXNM Energy’s yearly reports. Tap a year to see its figures.

Sales and profit

Sales grew from $1.52 billion in 2020 to $2.17 billion in 2025, and it made a profit every year.
2025
Sales
$2.17 billion
Profit
$170 million

Spare cash each year

It spent more cash than it brought in every year: $611 million more in 2025.
2025
Cash shortfall
$611 million
Spare cash is the cash its business brought in, minus what it spent on buildings and equipment.

What it owns and what it owes

At the end of 2025 it owned $12.1 billion, including $18.3 million in cash, and owed $8.60 billion.

Key facts

From its yearly report for 2025.
Sales
$2.17 billion
Profit
$170 million
Cash shortfall
$611 million
Cash in the bank
$18.3 million
Everything it owes
$8.60 billion
Year ends
December
Money shown in
U.S. dollars
Latest yearly report
10-K, filed Feb 27, 2026
Figures from TXNM Energy’s yearly reports to the SEC (EDGAR), collected Oct 12, 2026.
Not investment advice. Holdings come from public SEC reports and the funds’ own letters, and can be up to 4½ months old. How this works
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