TXNM Energy Financial Statements
NYSE: TXNMUtilitiesElectric Utilities: CentralUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
TXNM Energy revenue and earnings
In fiscal 2025, TXNM Energy generated $2.17 billion in revenue, up 9.9% from fiscal 2024, its 2nd consecutive year of revenue growth. Net income was $169.8 million (-34.4% year over year), for a net margin of 7.8% versus a median of 11.9% in the prior 5 years. Operating margin was 20.4%.
Diluted earnings per share came in at $1.48, down from $2.67. Over the last 5 fiscal years, TXNM's revenue has grown at a 7.3% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
TXNM Energy income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.17B | 1.97B | 1.94B | 2.25B | 1.78B | 1.52B | 1.46B | 1.44B | 1.45B | 1.36B |
| Revenue growth (YoY) | +9.86% | +1.65% | -13.80% | +26.39% | +16.87% | +4.49% | +1.46% | -0.58% | +6.02% | -5.29% |
| Gross Profit | — | — | 655.83M | 740.46M | 648.95M | 606.73M | — | — | — | — |
| Operating Expenses | — | — | 424.49M | 346.69M | 340.80M | 321.45M | — | — | — | — |
| Operating Income | 441.18M | 453.49M | 231.34M | 393.76M | 308.15M | 285.28M | 144.20M | 236.05M | 315.04M | 284.73M |
| Interest Expense | 271.52M | 228.07M | 190.35M | 127.91M | 96.88M | 114.39M | 121.02M | 127.24M | 127.63M | 128.63M |
| Other Income (Expense) | 10.36M | 54.82M | 49.54M | -54.54M | 33.15M | 37.06M | 43.66M | 254.00K | 38.34M | 39.08M |
| Pretax Income | 180.01M | 280.24M | 90.53M | 211.31M | 244.43M | 207.95M | 66.85M | 109.06M | 225.76M | 195.17M |
| Income Tax | 10.19M | 21.52M | -16.35M | 26.13M | 32.58M | 20.64M | -25.28M | 7.78M | 130.34M | 63.28M |
| Net Income | 169.83M | 258.72M | 106.88M | 185.18M | 211.85M | 187.32M | 92.13M | 101.28M | 79.87M | 116.85M |
| Net Income growth (YoY) | -34.36% | +142.07% | -42.28% | -12.59% | +13.10% | +103.31% | -9.04% | +26.80% | -31.64% | +647.12% |
| EPS (Basic) | 1.49 | 2.67 | 1.02 | 1.97 | 2.28 | 2.16 | 0.97 | 1.07 | 1.00 | 1.47 |
| EPS (Diluted) | 1.48 | 2.67 | 1.02 | 1.97 | 2.27 | 2.15 | 0.97 | 1.07 | 1.00 | 1.46 |
| Shares Outstanding (Basic) | 101.51M | 90.53M | 86.30M | 86.12M | 86.07M | 80.16M | 79.93M | 79.89M | 79.89M | 79.76M |
| Shares Outstanding (Diluted) | 102.39M | 90.59M | 86.37M | 86.17M | 86.11M | 80.30M | 79.99M | 80.01M | 80.14M | 80.13M |
| EBITDA | 924.56M | 876.50M | 585.03M | 734.88M | 628.36M | 599.95M | 445.27M | 511.69M | 583.23M | 526.76M |
| Gross Margin | — | — | 33.82% | 32.92% | 36.46% | 39.84% | — | — | — | — |
| Operating Margin | 20.37% | 23.01% | 11.93% | 17.50% | 17.31% | 18.73% | 9.89% | 16.43% | 21.80% | 20.89% |
| Net Margin | 7.84% | 13.13% | 5.51% | 8.23% | 11.90% | 12.30% | 6.32% | 7.05% | 5.53% | 8.57% |
This table shows 10 annual periods of TXNM Energy's income statement, from FY 2025 back to FY 2016, across 17 line items including revenue, gross profit, operating expenses. Values in USD; B = billions, M = millions. Fiscal periods follow TXNM's reporting calendar. What is a income statement?