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TXNM · NYSE · United States · Electric Services
In shortTXNM ENERGY INC is profitable, burns cash and carries moderate debt, with revenue growing (+9.9% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 20.4% | 85/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 7.0% | 48/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 5.1% | 25/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 4.7% | 31/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.55× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.59× | 23/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 5.84× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 1.62× | 1/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 0.65 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -28.2% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | -4.04× | 0/100 |
| Years with positive free cash flow (last 5) | 0 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 15.3% | 54/100 |
| Operating margin volatility | 4.1% | 72/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -1.3% | 10/100 |
|---|---|---|
| EPS growth, 3-year average | -9.1% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 1,780 | 2,250 | 1,939 | 1,971 | 2,166 |
| Gross profit | 649 | 740 | 656 | – | – |
| Operating income | 308 | 394 | 231 | 453 | 441 |
| Interest expense | 97 | 128 | 190 | 228 | 272 |
| Pre-tax income | 244 | 211 | 91 | 280 | 180 |
| Income tax | 33 | 26 | (16) | 22 | 10 |
| Net income | 196 | 170 | 88 | 242 | 151 |
| Diluted EPS | $2.27 | $1.97 | $1.02 | $2.67 | $1.48 |
| Diluted shares (millions) | 86 | 86 | 86 | 91 | 102 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of TXNM ENERGY INC are included in the Investor plan. Try free for 7 days →
0.65 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated May 1, 2026