# TXNM Energy share price today (TXNM Energy, Inc., TXNM)

> TXNM Energy, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. TXNM · Utilities · Utilities - Regulated Electric · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/txnm

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: $58.56 (+3.1% in a year)
- P/E: 28.5×, over 4.6 years
- Revenue (Jun 2026): $549 M (+9.2% on a year ago)
- Profit (Jun 2026): $71.3 M (+230.3% on a year ago)
- Operating margin: 22.5% (+8.1 points on a year ago)
- ROE: 4%, FY25
- ROIC: 3.3%, against a 4.7% cost of capital: −1.4 points

The main question: the share price moved +3.1% in a year while yearly earnings per share moved −44.6%. The difference came from the market paying a higher multiple. ## What is the TXNM Energy share price today? TXNM Energy, Inc.'s share price was $58.56 at the close on 3 November 2026. It has been rising for 1 week. That is 0.3% above its average price over the last 200 trading days. In the last 52 weeks it traded between $57 and $59, and at that close it sat 65% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 1 week in a row. Over the last 10 years the share price moved +66% while the S&P 500 moved +255%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does TXNM Energy pay? TXNM Energy, Inc. paid $1.67 per share over the last four reported quarters. The most recent declaration was $0.42 for Jun 2026. At today's price of $58.56 that is a yield of 2.85%, based on dividends already paid, not a forecast. ## Which stock lists is TXNM Energy on? TXNM Energy is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is TXNM Energy profitable? TXNM Energy, Inc. earned $71.3 M of net profit in the Jun 2026 quarter, +230.3% on the same quarter a year earlier. Full-year FY25 profit was $151 M. Over 4 years profit has grown −6.2% a year on average. That is 13.0% of the quarter's revenue. The same quarter a year earlier earned $21.6 M. 2 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $151 M (−37.5% on the year before). Why profit moved: revenue changed +9.2% on a year earlier and the margin moved +8.1 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +2.3% and revenue +9.8%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does TXNM Energy make, and is it growing? TXNM Energy, Inc. reported $549 M of revenue in the Jun 2026 quarter, +9.2% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 4 years it has grown 5.0% a year on average. The last full year, FY25, came in at $2.2 B. The last four reported quarters add to $2.2 B. FY25 revenue was $2.2 B, +9.9% on the year before. Recent pace: the last four quarters grew +9.8% on average, against 5.0% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +10.0%, against +10.1% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +10.4%, against +53.9% a year (rolling over). ## How much of every $100 of sales does TXNM Energy keep? TXNM Energy, Inc.'s operating margin was 22.5% in the Jun 2026 quarter, 8.1 percentage points higher than the same quarter a year ago. Across 5 years it has been between 11.8% and 23.1%. The latest quarter is within that range. Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## Is TXNM Energy's profit turning into cash? Over the last 3 years, 342% of TXNM Energy, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $584 M of operating cash against $151 M of profit. After $1.2 B of spending on assets, free cash was −$611 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does TXNM Energy's cash go? TXNM Energy, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $3.5 B on assets over the last 3 years. Averaged over those years that is 54.2% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $3.5 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is TXNM Energy's P/E ratio, and how does it compare with its own history? TXNM Energy, Inc.'s P/E is 28.5×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −44.6% while the price moved +3.1%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +11.4% a year; about +0.2% a year came from earnings growth and about +11.2 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the TXNM Energy business getting better or worse? TXNM Energy, Inc.'s business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 4.1%; each line tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. ## How much does TXNM Energy earn on its capital? TXNM Energy, Inc. earned a ROE of 4% in FY25. Its return on capital used (ROIC) is 1.4 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 7.0% net margin and 0.18× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 7.0% net margin × 0.18× asset turnover × 3.49× leverage (assets divided by equity) ≈ 4.4% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 3.3% − 4.7% = −1.4 percentage points. The 4.7% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does TXNM Energy have too much debt? TXNM Energy, Inc. has total debt of $6.0 B against shareholder equity of $3.6 B as of Jun 2026, so its debt is 1.66× its equity. Year by year, that ratio went from 1.73 in FY21 to 1.66 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the TXNM Energy shareholding pattern? 6.8% of TXNM Energy, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 3.5 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is TXNM Energy from balance-sheet trouble? For TXNM Energy, Inc., the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does TXNM Energy rank in its industry? There is no score against its industry: TXNM Energy, Inc. is not among the largest members shown in this industry comparison for Utilities - Regulated Electric. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is TXNM Energy compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to TXNM Energy in size? TXNM Energy is the 31st largest of 40 Utilities - Regulated Electric companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: OGE Energy Corp., IDACORP, Inc. and Companhia Paranaense de Energia - COPEL. Just below it: Companhia Energética de Minas Gerais - CEMIG, Enel Chile S.A. and Portland General Electric Company. ### Utilities - Regulated Electric companies close in size

1. [OGE Energy Corp.](https://www.sectoralpha.in/us/stocks/oge) $10.2 billion
2. [IDACORP, Inc.](https://www.sectoralpha.in/us/stocks/ida) $8.5 billion
3. [Companhia Paranaense de Energia - COPEL](https://www.sectoralpha.in/us/stocks/elpc) $7.6 billion
4. TXNM Energy, Inc. $6.4 billion
5. [Companhia Energética de Minas Gerais - CEMIG](https://www.sectoralpha.in/us/stocks/cig) $6.2 billion
6. [Enel Chile S.A.](https://www.sectoralpha.in/us/stocks/enic) $5.9 billion
7. [Portland General Electric Company](https://www.sectoralpha.in/us/stocks/por) $5.4 billion

[All 40 Utilities - Regulated Electric companies, largest first](https://www.sectoralpha.in/us/sectors/utilities-regulated-electric#all-companies)

### Companies close in size in other industries

1. [Terex Corporation](https://www.sectoralpha.in/us/stocks/tex) $6.5 billion · Farm & Heavy Construction Machinery
2. [F.N.B. Corporation](https://www.sectoralpha.in/us/stocks/fnb) $6.5 billion · Banks - Regional
3. TXNM Energy, Inc. $6.5 billion
4. [Commvault Systems, Inc.](https://www.sectoralpha.in/us/stocks/cvlt) $6.5 billion · Software - Application
5. [Albertsons Companies, Inc.](https://www.sectoralpha.in/us/stocks/aci) $6.5 billion · Grocery Stores

## What else do people ask about TXNM Energy? ### What were TXNM Energy's latest quarterly results? TXNM Energy, Inc. reported revenue of $549 M and net profit of $71.3 M for the Jun 2026 quarter. Revenue rose 9.2% and profit rose 230.3% compared with a year earlier. Earnings per share were $0.64. The operating margin was 22.5%, 8.1 percentage points higher than a year earlier (as of 3 November 2026). ### What is TXNM Energy's market cap? TXNM Energy, Inc.'s market capitalisation is $6.4 B at a stock price of $58.56. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is TXNM Energy performing? TXNM Energy, Inc.'s share price has been rising for 1 weeks. In its latest quarter, revenue rose 9.2% and profit rose 230.3% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 1 week running (as of 3 November 2026). ### Will TXNM Energy's stock price go up? This page does not forecast TXNM Energy, Inc.'s stock price. What it shows instead: the stock price is $58.56, and it has been rising for 1 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Does TXNM Energy have too much debt? Yes, TXNM Energy, Inc. has a lot of debt: its debt is 1.64× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is TXNM Energy in its business cycle? TXNM Energy, Inc.'s FY25 operating margin was 17.6%, against a 5-year range of 11.8% to 23.1%: the middle of its own range, neither a peak nor a low. The latest quarter was 22.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the TXNM Energy story? The main question: the share price moved +3.1% in a year while yearly earnings per share moved −44.6%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is TXNM Energy a stock worth studying right now? What the numbers show: TXNM Energy, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.