TXNM Energy, Inc. (TXNM) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 11, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2026, filed May 1, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the TXNM SEC filings page.
TXNM Energy, Inc. (TXNM) reported $2.2B in revenue over the twelve months to Mar 31, 2026, up 8.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Heavy capital spending remains the dominant mechanic: operating cash generation is repeatedly absorbed by infrastructure investment rather than converted into free cash.
Although revenue reached$2.2B in FY2025, net margin fell to7.8% from13.1% as interest expense climbed to$272M ; the earnings setback therefore reflects financing pressure more than weaker sales. Meanwhile, capital expenditures of$1.2B exceeded operating cash flow of$584M , leaving free cash flow at-$611M and showing that accounting profits do not fund the current investment pace.
Infrastructure reinvestment is structurally cash-intensive: capital expenditures stayed above
The balance sheet became less debt-heavy on a ratio basis, with debt-to-equity moving from 1.7x in FY2024 to 1.5x in FY2025, but this coincided with shares outstanding rising to 108.9M from 92.7M. Current liquidity also improved from a 0.3x current ratio to 0.6x, while total liabilities remained about
Financial Health Signals
Scored against utilities for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of TXNM Energy, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
TXNM Energy, Inc. has an operating margin of 20.4%, meaning the company retains $20 of operating profit per $100 of revenue. This results in a moderate score of 48/100, indicating healthy but not exceptional operating efficiency. This is down from 23.0% the prior year.
TXNM Energy, Inc.'s revenue grew 9.9% year-over-year to $2.2B, a solid pace of expansion. This earns a growth score of 58/100.
TXNM Energy, Inc. has elevated debt relative to equity (D/E of 1.50), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 18/100, reflecting increased financial risk.
TXNM Energy, Inc.'s current ratio of 0.55 is below the typical benchmark, resulting in a score of 17/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While TXNM Energy, Inc. generated $584.5M in operating cash flow, capex of $1.2B consumed most of it, leaving -$611.4M in free cash flow. This results in a low score of 15/100, reflecting heavy capital investment rather than weak cash generation.
TXNM Energy, Inc.'s ROE of 5.0% shows moderate profitability relative to equity, earning a score of 35/100. This is down from 10.2% the prior year.
TXNM Energy, Inc. scores 0.77, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($5.9B) relative to total liabilities ($8.6B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
TXNM Energy, Inc. passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, TXNM Energy, Inc. generates $3.44 in operating cash flow ($584.5M OCF vs $169.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
TXNM Energy, Inc. earns $1.62 in operating income for every $1 of interest expense ($441.2M vs $271.5M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
TXNM Energy, Inc. generated $505.0M in revenue in Q1 2026. This represents an increase of 4.6% from the same quarter a year earlier. Against the prior quarter it is down 5.3%.
TXNM Energy, Inc.'s EBITDA was $202.4M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 8.7% from the same quarter a year earlier. Against the prior quarter it is down 6.3%.
TXNM Energy, Inc. reported $8.0M in net income in Q1 2026. This represents a decrease of 37.4% from the same quarter a year earlier. Against the prior quarter it is up 251.4%.
TXNM Energy, Inc. earned $0.03 per diluted share (EPS) in Q1 2026.
Cash & Balance Sheet
TXNM Energy, Inc. recorded an outflow of $159.5M in free cash flow in Q1 2026, representing a cash shortfall after capex. This represents an increase of 20.8% from the same quarter a year earlier. Against the prior quarter it is down 4.9%.
TXNM Energy, Inc. held $5.6M in cash against $5.1B in long-term debt as of Q1 2026.
TXNM Energy, Inc. paid $0.42 per share in dividends in Q1 2026.
Margins & Returns
TXNM Energy, Inc.'s operating margin was 15.3% in Q1 2026, reflecting core business profitability. This is up 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 2.3 percentage points.
TXNM Energy, Inc.'s net profit margin was 1.6% in Q1 2026, showing the share of revenue converted to profit. This is down 1.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.6 percentage points.
TXNM Energy, Inc.'s ROE was 0.2% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is down 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.4 percentage points.
Not reported for Q1 2026.
Capital Allocation
TXNM Energy, Inc. spent $5.4M on share buybacks in Q1 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 14.6% from the same quarter a year earlier. Against the prior quarter it is up 52.2%.
TXNM Energy, Inc. invested $312.7M in capex in Q1 2026, funding long-term assets and infrastructure. This represents a decrease of 8.7% from the same quarter a year earlier. Against the prior quarter it is up 0.9%.
Not reported for Q1 2026.
TXNM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $505.0M+4.6% | $533.2M+11.8% | $647.2M+13.7% | $502.4M+2.9% | $482.8M+10.5% | $477.0M+15.7% | $569.3M+12.5% | $488.1M+2.3% |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | $297.3M+67.8% | $198.5M+9.3% |
| SG&A Expenses | $66.9M+10.1% | $69.2M+2.9% | $68.4M+5.6% | $76.0M+27.5% | $60.8M+9.6% | $67.3M+11.6% | $64.8M+10.9% | $59.6M+10.3% |
| Operating Income | $77.0M+7.1% | $93.7M+23.1% | $202.9M+6.2% | $72.7M-31.2% | $71.9M-10.8% | $76.1M+262.9% | $191.1M+120.5% | $105.7M+14.5% |
| EBITDA | $202.4M+8.7% | $216.0M+16.6% | $328.7M+10.1% | $193.6M-7.4% | $186.2M+1.4% | $185.2M+317.2% | $298.6M+70.3% | $209.0M+16.7% |
| Interest Expense | $68.6M+7.9% | $65.8M+11.9% | $70.1M+17.6% | $72.0M+29.0% | $63.6M+18.2% | $58.8M+9.5% | $59.7M+19.7% | $55.8M+21.6% |
| Income Tax | -$9K-100.9% | -$11.1M-754.8% | $18.9M-19.1% | $1.3M-85.2% | $1.0M+108.1% | $1.7M+105.8% | $23.4M+544.7% | $9.0M+9.0% |
| Net Income | $8.0M-37.4% | -$5.3M-126.4% | $136.3M-0.1% | $26.0M-49.9% | $12.8M-74.6% | $20.0M+143.7% | $136.4M+217.8% | $52.0M+5.1% |
| EPS (Basic) | $0.03-70.0% | -$0.14-182.4% | $1.22-15.9% | $0.22-58.5% | $0.10-80.8% | $0.17+129.3% | $1.45+229.5% | $0.530.0% |
| EPS (Diluted) | $0.03 | -$0.15 | $1.22-15.9% | $0.22-58.5% | $0.10-80.8% | $0.17+129.3% | $1.45+229.5% | $0.530.0% |
| Diluted Shares (Avg) | 113M | N/A | 107M+18.6% | 96M+6.2% | 93M+2.9% | N/A | 91M+5.2% | 91M+5.1% |
Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses.
TXNM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $12.1B+6.6% | $12.1B+7.6% | $12.0B+10.4% | $11.7B+10.3% | $11.4B+11.0% | $11.2B+9.4% | $10.8B+7.9% | $10.6B+9.9% |
| Current Assets | $562.2M+14.9% | $564.7M+13.2% | $595.4M+20.1% | $573.7M+6.7% | $489.4M+20.0% | $498.8M+4.9% | $495.7M+1.3% | $537.7M+32.9% |
| Cash & Equivalents | $5.6M-7.2% | $18.3M+305.9% | $32.1M+343.2% | $22.2M+585.3% | $6.1M+102.6% | $4.5M+103.1% | $7.2M-6.9% | $3.2M-57.7% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $189.5M+12.6% | $181.3M+8.7% | $173.0M+43.5% | $171.2M+48.7% | $168.2M+61.0% | $166.9M+70.2% | $120.5M+44.5% | $115.1M+42.1% |
| Accounts Receivable | $135.9M+2.7% | $151.8M+16.5% | $190.9M+27.4% | $146.4M+20.3% | $132.4M+26.1% | $130.4M+3.2% | $149.8M-14.5% | $121.8M+0.5% |
| Long-Term Investments | $264K-9.0% | $302K+16.6% | $268K+5.1% | $246K+7.4% | $290K-99.9% | $259K-99.9% | $255K-99.9% | $229K-99.9% |
| Goodwill | $278.3M0.0% | $278.3M0.0% | $278.3M0.0% | $278.3M0.0% | $278.3M0.0% | $278.3M0.0% | $278.3M0.0% | $278.3M0.0% |
| Total Liabilities | $8.6B-2.4% | $8.6B-0.2% | $8.5B+2.1% | $8.4B+4.0% | $8.8B+12.6% | $8.6B+9.9% | $8.3B+7.4% | $8.1B+11.2% |
| Current Liabilities | $1.0B-39.6% | $1.0B-42.7% | $1.2B-14.1% | $1.1B-1.6% | $1.7B+53.0% | $1.8B+44.2% | $1.4B-7.4% | $1.1B+2.7% |
| Non-Current Liabilities | $7.6B+6.4% | $7.6B+10.8% | $7.3B+5.3% | $7.3B+4.9% | $7.1B+5.9% | $6.8B+3.5% | $7.0B+10.8% | $7.0B+12.7% |
| Long-Term Debt | $5.1B+11.6% | $5.1B+18.7% | $4.7B+3.7% | $4.8B+4.0% | $4.6B+5.2% | $4.3B+1.7% | $4.5B+15.6% | $4.6B+17.0% |
| Total Equity | $3.5B+38.4% | $3.4B+34.2% | $3.4B+38.9% | $3.2B+32.0% | $2.5B+6.3% | $2.5B+8.0% | $2.5B+10.1% | $2.4B+6.2% |
| Retained Earnings | $823.9M-4.0% | $866.9M-2.3% | $924.2M+1.7% | $879.4M+3.8% | $857.8M+7.3% | $887.6M+12.8% | $908.7M+4.2% | $847.4M-5.6% |
TXNM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $153.2M+8.4% | $157.7M-0.6% | $282.0M+56.7% | $3.5M-95.4% | $141.3M+52.2% | $158.6M+14.5% | $180.0M+5.8% | $76.7M-30.9% |
| Depreciation & Amortization | $125.4M+9.7% | $122.3M+12.1% | $125.8M+17.0% | $120.9M+17.0% | $114.3M+11.0% | $109.1M+19.7% | $107.6M+21.2% | $103.4M+19.2% |
| Stock-Based Compensation | $5.1M+71.9% | N/A | N/A | N/A | $3.0M-35.5% | N/A | N/A | N/A |
| Capital Expenditures | $312.7M-8.7% | $309.8M-9.3% | $277.3M-14.3% | $266.2M-9.1% | $342.6M+18.5% | $341.5M+27.5% | $323.7M+19.5% | $292.7M+7.4% |
| Free Cash Flow | -$159.5M+20.8% | -$152.1M+16.8% | $4.7M+103.3% | -$262.6M-21.6% | -$201.4M-2.6% | -$182.9M-41.4% | -$143.7M-42.6% | -$216.0M-33.6% |
| Investing Cash Flow | -$315.4M+8.6% | -$326.6M+11.4% | -$279.2M+14.4% | -$266.3M+9.8% | -$345.0M-87.1% | -$368.5M-33.3% | -$326.4M-15.9% | -$295.1M-5.8% |
| Financing Cash Flow | $142.0M-28.1% | $160.9M-25.3% | -$314K-100.2% | $284.4M+25.4% | $197.6M+98.5% | $215.5M+60.7% | $142.5M+27.7% | $226.8M+32.3% |
| Dividends Paid | $46.2M+21.8% | $44.5M+26.9% | $43.1M+22.8% | $37.9M+8.0% | $37.9M+8.0% | $35.1M+10.8% | $35.1M+10.8% | $35.1M+10.8% |
| Share Buybacks | $5.4M-14.6% | $3.5M+641.9% | $184K-89.4% | $1.9M+140.3% | $6.3M+15.9% | $477K+3080.0% | $1.7M+13246.2% | $808K-34.0% |
TXNM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | 52.2%+17.2pp | 40.7%+2.6pp |
| Operating Margin | 15.3%+0.4pp | 17.6%+1.6pp | 31.4%-2.2pp | 14.5%-7.2pp | 14.9%-3.6pp | 16.0%+27.3pp | 33.6%+16.4pp | 21.6%+2.3pp |
| Net Margin | 1.6%-1.1pp | -1.0%-5.2pp | 21.1%-2.9pp | 5.2%-5.5pp | 2.6%-8.9pp | 4.2%+15.3pp | 24.0%+15.5pp | 10.7%+0.3pp |
| Return on Equity | 0.2%-0.3pp | -0.2%-0.9pp | 4.0%-1.6pp | 0.8%-1.3pp | 0.5%-1.6pp | 0.8%+2.7pp | 5.5%+3.6pp | 2.2%0.0pp |
| Return on Assets | 0.1%0.0pp | 0.0%-0.2pp | 1.1%-0.1pp | 0.2%-0.3pp | 0.1%-0.4pp | 0.2%+0.6pp | 1.3%+0.8pp | 0.5%0.0pp |
| Current Ratio | 0.55+0.3x | 0.55+0.3x | 0.51+0.1x | 0.510.0x | 0.29-0.1x | 0.28-0.1x | 0.360.0x | 0.47+0.1x |
| Debt-to-Equity | 1.48-0.4x | 1.50-0.2x | 1.37-0.5x | 1.51-0.4x | 1.830.0x | 1.70-0.1x | 1.83+0.1x | 1.91+0.2x |
| Asset Turnover | 0.040.0x | 0.040.0x | 0.050.0x | 0.040.0x | 0.040.0x | 0.040.0x | 0.050.0x | 0.050.0x |
| FCF Margin | -31.6%+10.1pp | -28.5%+9.8pp | 0.7%+26.0pp | -52.3%-8.0pp | -41.7%+3.2pp | -38.3%-7.0pp | -25.2%-5.3pp | -44.3%-10.4pp |
Note: The current ratio is below 1.0 (0.55), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| TXNM Energy, Inc. TXNM | FY2025 | $2.2B | $169.8M | 7.8% | $5.9B | 32/100 |
| Enel Chile S.A. American ENIC | FY2025 | $4.5B | $584.9M | 13.0% | $6.2B | 42/100 |
| IDACORP, Inc. IDA | FY2025 | $1.7B | $323.5M | 18.5% | $7.8B | 53/100 |
| Portland General Electric Company POR | FY2025 | $3.6B | $306.0M | 8.6% | $5.7B | 61/100 |
| NorthWestern Energy Group, Inc. NWE | FY2025 | $1.6B | $181.1M | 11.2% | $4.3B | 50/100 |
| OGE Energy Corp. OGE | FY2025 | $3.3B | $470.7M | 14.4% | $9.6B | 66/100 |
Where TXNM Energy, Inc. Ranks
Frequently Asked Questions
What is TXNM Energy, Inc.'s annual revenue?
TXNM Energy, Inc. (TXNM) reported $2.2B in total revenue for fiscal year 2025. This represents a 9.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is TXNM Energy, Inc.'s revenue growing?
TXNM Energy, Inc. (TXNM) revenue grew by 9.9% year-over-year, from $2.0B to $2.2B in fiscal year 2025.
Is TXNM Energy, Inc. profitable?
Yes, TXNM Energy, Inc. (TXNM) reported a net income of $169.8M in fiscal year 2025, with a net profit margin of 7.8%.
What is TXNM Energy, Inc.'s EBITDA?
TXNM Energy, Inc. (TXNM) had EBITDA of $924.6M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does TXNM Energy, Inc. have?
As of fiscal year 2025, TXNM Energy, Inc. (TXNM) had $18.3M in cash and equivalents against $5.1B in long-term debt.
What is TXNM Energy, Inc.'s operating margin?
TXNM Energy, Inc. (TXNM) had an operating margin of 20.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is TXNM Energy, Inc.'s net profit margin?
TXNM Energy, Inc. (TXNM) had a net profit margin of 7.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does TXNM Energy, Inc. pay dividends?
Yes, TXNM Energy, Inc. (TXNM) paid $1.65 per share in dividends during fiscal year 2025.
What is TXNM Energy, Inc.'s return on equity (ROE)?
TXNM Energy, Inc. (TXNM) has a return on equity of 5.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is TXNM Energy, Inc.'s free cash flow?
TXNM Energy, Inc. (TXNM) recorded an outflow of $611.4M in free cash flow during fiscal year 2025. This represents a 17.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is TXNM Energy, Inc.'s operating cash flow?
TXNM Energy, Inc. (TXNM) generated $584.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are TXNM Energy, Inc.'s total assets?
TXNM Energy, Inc. (TXNM) had $12.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are TXNM Energy, Inc.'s capital expenditures?
TXNM Energy, Inc. (TXNM) invested $1.2B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is TXNM Energy, Inc.'s current ratio?
TXNM Energy, Inc. (TXNM) had a current ratio of 0.55 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is TXNM Energy, Inc.'s debt-to-equity ratio?
TXNM Energy, Inc. (TXNM) had a debt-to-equity ratio of 1.50 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is TXNM Energy, Inc.'s return on assets (ROA)?
TXNM Energy, Inc. (TXNM) had a return on assets of 1.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is TXNM Energy, Inc.'s P/E ratio?
TXNM Energy, Inc. (TXNM) trades at 36.0x earnings, its market capitalization divided by net income of $165.0M net income, trailing 12 months to March 31, 2026. The market capitalization is $5.9B as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is TXNM Energy, Inc.'s price-to-sales ratio?
TXNM Energy, Inc. (TXNM) trades at 2.7x sales, its market capitalization divided by revenue of $2.2B revenue, trailing 12 months to March 31, 2026. The market capitalization is $5.9B as of Sep 11, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is TXNM Energy, Inc.'s Altman Z-Score?
TXNM Energy, Inc. (TXNM) has an Altman Z-Score of 0.77, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is TXNM Energy, Inc.'s Piotroski F-Score?
TXNM Energy, Inc. (TXNM) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are TXNM Energy, Inc.'s earnings high quality?
TXNM Energy, Inc. (TXNM) has an earnings quality ratio of 3.44x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can TXNM Energy, Inc. cover its interest payments?
TXNM Energy, Inc. (TXNM) has an interest coverage ratio of 1.62x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is TXNM Energy, Inc.?
TXNM Energy, Inc. (TXNM) scores 32 out of 100 on our Financial Health Score, indicating weak standing within its utilities peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.