TXNM Energy (TXNM) revenue breakdown

Utilities · Utilities - Regulated Electric · Market cap $6.5B

By segment, PNM is the largest at 69% of fiscal 2025 revenue; TNMP grew fastest, 9% a year over 8 years.

Revenue by segment

Fiscal years, as TXNM Energy reports them in its 10-K filings; fiscal 2025 total $2.2B.

Segments201720182019202020212022202320242025Share
PNM$1.1B$1.1B$1.1B$1.1B$1.4B$1.8B$1.4B$1.4B$1.5B 69%
TNMP$341M$345M$364M$383M$418M$483M$535M$592M$681M 31%
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Questions

Where does TXNM Energy make its money?

In fiscal 2025, by segment: PNM $1.5B, TNMP $681M.

From TXNM Energy's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.