Txnm Energy Inc (TXNM)
Txnm Energy Inc brought in $2.2B of revenue over the twelve months to March 31, 2026, up 8.5% from a year earlier. Net income was $146.2M, a net margin of 6.7%. In fiscal 2025 capital spending exceeded operating cash flow by $611.4M. At March 31, 2026 it held $5.6M in cash against $5.4B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 30, 2026.
Key facts about Txnm Energy Inc
- Net worth
- Txnm Energy Inc has a market value (market cap) of $6B at the latest share price, and shareholders' equity of $3.5B on its balance sheet at March 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $2.2B (+9.9% year on year), with net income of $151.4M. Over the 12 months to March 31, 2026: revenue $2.2B, net income $146.2M.
- Cash flow
- In fiscal 2025 operations brought in $584.5M of cash; after $1.2B of capital spending, free cash flow was -$611.4M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 30, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Txnm Energy Inc's next report is expected around February 26, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Txnm Energy Inc declared dividends of $1.65 per share in fiscal 2025, a yield of 2.84% at the current price.
What Txnm Energy Inc does
Txnm Energy Inc is registered with the SEC under industry code SIC 4911 (Electric Services). Its shares trade on NYSE under the ticker TXNM.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $2.2B | $151.4M | $1.48 | -$611.4M |
| 2024 | $2B | $242.2M | $2.67 | -$738.9M |
| 2023 | $1.9B | $87.8M | $1.02 | -$524.6M |
| 2022 | $2.3B | $169.5M | $1.97 | -$345.3M |
| 2021 | $1.8B | $195.8M | $2.27 | -$387.1M |
| 2020 | $1.5B | $172.8M | $2.15 | -$193.3M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where TXNM ranks in Utilities
Dividends
Txnm Energy Inc declared $1.65 per share in fiscal 2025. At the current price that is a yield of 2.84%. It paid out $163.4M in cash dividends, 108% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $1.65 | $163.4M | 108% |
| 2024 | $1.57 | $140.3M | 58% |
| 2023 | $1.49 | $126.7M | 144% |
| 2022 | $1.41 | $119.8M | 71% |
| 2021 | $1.33 | $113M | 58% |
| 2020 | $1.25 | $98.5M | 57% |
Latest SEC filings
What Txnm Energy Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- October 30, 2026Quarterly report 10-Q · period to September 30, 2026
- October 30, 2026
- October 28, 2026
- October 27, 2026Passive stake changed SCHEDULE 13G/A
- September 30, 2026Other event 8-K
- September 2, 2026
- August 19, 2026
- August 14, 2026Passive stake (5% or more) SCHEDULE 13G
- August 14, 2026Passive stake changed SCHEDULE 13G/A
- July 31, 2026Quarterly report 10-Q · period to June 30, 2026
Insider trades
What the people running Txnm Energy Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| June 10, 2026 | Conley E RenaeDirector | Received as pay | 2,698 | - |
| June 10, 2026 | Mullarkey Maureen TDirector | Received as pay | 2,698 | - |
| June 10, 2026 | Hughes James AltonDirector | Received as pay | 2,698 | - |
| June 10, 2026 | Bailey Vicky ADirector | Received as pay | 2,698 | - |
| June 10, 2026 | Gutierrez Sidney M.Director | Received as pay | 2,698 | - |
| June 10, 2026 | Becker Norman P.Director | Received as pay | 2,698 | - |
| June 10, 2026 | Montoya Lillian JDirector | Received as pay | 2,698 | - |
| June 10, 2026 | Maestas StevenDirector | Received as pay | 2,698 | - |
Who owns TXNM
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| BlackRock, Inc.13G, passive | 12.9% | October 27, 2026 |
| Troy TopCo LP13D, may seek influence with 10 related filers | 7.9% | May 23, 2025 |
| Balyasny Asset Management L.P.13G, passive with 4 related filers | 6.43% | August 14, 2026 |
| Vanguard Portfolio Management13G, passive | 6.04% | April 29, 2026 |
| Pentwater Capital Management LP13G, passive with 1 related filers | 5.9% | August 14, 2026 |
| Vanguard Capital Management13G, passive | 5.05% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 385 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 14,595,837 | +1,235,130 |
| Blackstone Inc. | 8,000,000 | 0 |
| Balyasny Asset Management L.P. | 7,113,061 | -20,482 |
| Vanguard Portfolio Management LLC | 6,740,196 | +190,297 |
| Pentwater Capital Management LP | 6,487,500 | +3,687,500 |
| Vanguard Capital Management LLC | 4,842,279 | +127,561 |
| State Street Corp | 4,124,968 | +241,659 |
| Geode Capital Management, LLC | 2,996,464 | +205,051 |
| Millennium Management LLC | 2,470,809 | -1,058,701 |
| Norges Bank | 2,264,722 | new |
| Goldman Sachs Group Inc | 2,206,304 | -133,180 |
| Qube Research & Technologies Ltd | 2,084,253 | +832,019 |
| AQR Arbitrage LLC | 1,812,443 | +46,596 |
| Morgan Stanley | 1,583,353 | +105,156 |
| Magnetar Financial LLC | 1,448,220 | -26,918 |
| Melqart Asset Management (UK) Ltd | 1,370,244 | +319,297 |
| Alliancebernstein L.P. | 1,328,638 | +237,360 |
| Charles Schwab Investment Management Inc | 1,262,285 | +28,617 |
| Northern Trust Corp | 1,208,968 | +78,298 |
| Invesco Ltd. | 1,203,808 | +284,038 |
Insiders
14 insiders reported holding 1,053,348 shares in total, about $61.2M at the last price.
| Holder | Shares |
|---|---|
| Collawn Patricia KEXECUTIVE CHAIR, Director | 776,472 |
| Tarry Joseph DonPresident and CEO, Director | 58,223 |
| Conley E RenaeDirector | 39,971 |
| Mullarkey Maureen TDirector | 34,487 |
| Gutierrez Sidney M.Director | 32,135 |
| Becker Norman P.Director | 30,802 |
| Hughes James AltonDirector | 22,217 |
| Bailey Vicky ADirector | 20,4178,725 held indirectly |
| Monroy Henry ESVP and CFO | 9,382 |
| Iverson BrianGen Couns, SVP Reg-Pub Policy | 9,119 |
Questions about TXNM
What does Txnm Energy Inc do?
Txnm Energy Inc is a company in the Utilities sector, listed on NYSE as TXNM. Its shares trade on NYSE under the ticker TXNM.
What is Txnm Energy Inc's net worth?
Txnm Energy Inc has a market value (market cap) of $6B at the latest share price, and shareholders' equity of $3.5B on its balance sheet at March 31, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Txnm Energy Inc profitable?
Yes. Over the twelve months to March 31, 2026 it reported net income of $146.2M on revenue of $2.2B, a net margin of 6.7%.
How much revenue does Txnm Energy Inc make?
Over the twelve months to March 31, 2026 Txnm Energy Inc reported revenue of $2.2B. That is 8.5% more than a year earlier.
When did Txnm Energy Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 30, 2026. It covers the period to September 30, 2026.
When is Txnm Energy Inc's next earnings report?
Txnm Energy Inc's next report is expected around February 26, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Txnm Energy Inc pay a dividend?
Yes. Txnm Energy Inc declared dividends of $1.65 per share in fiscal 2025, a yield of 2.84% at the current price.
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Where the numbers come from
Financial figures are the values Txnm Energy Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.