TXNM ENERGY INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.2B | $2.0B | $1.9B | $2.2B | $1.8B |
| Gross profit | — | — | $655.8M | $740.5M | $648.9M |
| Operating income | $441.2M | $453.5M | $231.3M | $393.8M | $308.2M |
| Interest expense | $271.5M | $228.1M | $190.4M | $127.9M | $96.9M |
| Pretax income | $180.0M | $280.2M | $90.5M | $211.3M | $244.4M |
| Income tax expense | $10.2M | $21.5M | -$16.4M | $26.1M | $32.6M |
| Net income | $169.8M | $258.7M | $106.9M | $185.2M | $211.8M |
| Balance Sheet | |||||
| Cash and equivalents | $18.3M | $4.5M | $2.2M | $4.1M | $1.1M |
| Current assets | $564.7M | $498.8M | $475.5M | $411.0M | $324.6M |
| Total assets | $12.1B | $11.2B | $10.3B | $9.3B | $8.7B |
| Current liabilities | $1.0B | $1.8B | $1.2B | $890.4M | $664.2M |
| Total liabilities | $8.6B | $8.6B | $7.8B | $7.0B | $6.4B |
| Total debt | $5.4B | $4.9B | $4.5B | $4.1B | $3.7B |
| Stockholders' equity | $3.4B | $2.5B | $2.3B | $2.2B | $2.2B |
| Cash Flow Statement | |||||
| Cash from operations | $584.5M | $508.2M | $551.2M | $567.3M | $547.9M |
| Depreciation and amortization | $483.4M | $423.0M | $353.7M | $341.1M | $320.2M |
| Stock-based compensation | $8.7M | $9.5M | $7.2M | $7.8M | $9.4M |
| Capital expenditure | $1.2B | $1.2B | $1.1B | $912.6M | $935.0M |
| Free cash flow | -$611.4M | -$738.9M | -$524.6M | -$345.3M | -$387.1M |
| Dividends paid | $163.4M | $140.3M | $126.7M | $119.8M | $113.0M |
| Share repurchases | $12.0M | $8.5M | $9.6M | $8.0M | $10.1M |
Shares outstanding 110.7M · Free float 89.9%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.