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Txnm Energy Inc. (TXNM) Stock Fundamental Analysis & AI Rating 2026

TXNM NYSE Electric Services NM CIK: 0001108426
Recently Updated • Analysis: May 10, 2026 • SEC Data: 2026-03-31
Combined AI Rating
SELL
70% Confidence
N/A
SELL
70% Conf
Pending
Analysis scheduled

📊 TXNM Key Takeaways

Revenue: $505.0M
Net Margin: 0.7%
Free Cash Flow: $-159.5M
Current Ratio: 0.55x
Debt/Equity: 1.48x
EPS: $0.03
AI Rating: SELL with 70% confidence
Txnm Energy Inc. (TXNM) receives a SELL rating with 70% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $505.0M, net profit margin of 0.7%, and return on equity (ROE) of 0.1%, Txnm Energy Inc. demonstrates mixed fundamentals in the Utilities sector. Below is our complete TXNM stock analysis for 2026.

Is Txnm Energy Inc. (TXNM) a Good Investment?

Claude

TXNM faces a critical liquidity crisis with current ratio of 0.55x and negative free cash flow of -$159.5M, indicating inability to fund operations and debt service from internal cash generation. Profitability is collapsing (net income down 10.9%, EPS down 44.6%) while massive capex ($312.7M) exceeds operating cash flow, creating unsustainable financing dependency.

Why Buy Txnm Energy Inc. Stock? TXNM Key Strengths

Claude
  • + Positive operating cash flow of $153.2M provides some debt service capacity
  • + Operating margin of 15.3% demonstrates core business competitiveness
  • + Debt-to-Equity ratio of 1.48x is manageable for utility sector

TXNM Stock Risks: Txnm Energy Inc. Investment Risks

Claude
  • ! Critical liquidity crisis: current ratio of 0.55x indicates inability to meet short-term obligations
  • ! Negative free cash flow of -$159.5M is unsustainable without external financing
  • ! Interest coverage of 1.1x leaves minimal cushion for debt service defaults
  • ! Profitability deteriorating with net margin of 0.7% despite 133% gross margin (data quality concern)
  • ! Minimal cash reserves of $5.6M inadequate for $312.7M annual capex

Key Metrics to Watch

Claude
  • * Quarterly free cash flow and trend in capex spending
  • * Current ratio and working capital changes
  • * Interest coverage ratio and debt refinancing activity
  • * Quarterly revenue and net margin trends

Txnm Energy Inc. (TXNM) Financial Metrics & Key Ratios

Revenue
$505.0M
Net Income
$3.7M
EPS (Diluted)
$0.03
Free Cash Flow
$-159.5M
Total Assets
$12.1B
Cash Position
$5.6M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

TXNM Profit Margin, ROE & Profitability Analysis

Gross Margin 133.0%
Operating Margin 15.3%
Net Margin 0.7%
ROE 0.1%
ROA 0.0%
FCF Margin -31.6%

TXNM vs Utilities Sector: How Txnm Energy Inc. Compares

How Txnm Energy Inc. compares to Utilities sector averages

Net Margin
TXNM 0.7%
vs
Sector Avg 12.0%
TXNM Sector
ROE
TXNM 0.1%
vs
Sector Avg 10.0%
TXNM Sector
Current Ratio
TXNM 0.5x
vs
Sector Avg 0.8x
TXNM Sector
Debt/Equity
TXNM 1.5x
vs
Sector Avg 1.4x
TXNM Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Txnm Energy Inc. Stock Overvalued? TXNM Valuation Analysis 2026

Based on fundamental analysis, Txnm Energy Inc. shows some fundamental concerns relative to the Utilities sector in 2026.

Return on Equity
0.1%
Sector avg: 10%
Net Profit Margin
0.7%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.48x
Sector avg: 1.4x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Txnm Energy Inc. Balance Sheet: TXNM Debt, Cash & Liquidity

Current Ratio
0.55x
Quick Ratio
0.36x
Debt/Equity
1.48x
Debt/Assets
71.0%
Interest Coverage
1.12x
Long-term Debt
$5.1B

TXNM Revenue & Earnings Growth: 5-Year Financial Trend

TXNM 5-year financial data: Year 2021: Revenue $1.6B, Net Income $92.1M, EPS $0.97. Year 2022: Revenue $2.3B, Net Income $187.3M, EPS $2.15. Year 2023: Revenue $2.3B, Net Income $211.8M, EPS $2.27. Year 2024: Revenue $2.3B, Net Income $185.2M, EPS $1.97. Year 2025: Revenue $2.1B, Net Income $106.9M, EPS $1.02.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Txnm Energy Inc.'s revenue has grown significantly by 36% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.02 reflects profitable operations.

TXNM Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-31.6%
Free cash flow / Revenue

TXNM Quarterly Earnings & Performance

Quarterly financial performance data for Txnm Energy Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $480.4M $8.0M $0.03
Q3 2025 $574.3M $136.3M $1.22
Q2 2025 $473.2M $26.0M $0.22
Q1 2025 $431.1M $12.8M $0.10
Q3 2024 $509.9M $42.9M $0.44
Q2 2024 $462.1M $49.4M $0.53
Q1 2024 $431.1M $50.4M $0.52
Q3 2023 $509.9M $42.9M $0.44

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Txnm Energy Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$153.2M
Cash generated from operations
Stock Buybacks
$5.4M
Shares repurchased (TTM)
Capital Expenditures
$312.7M
Investment in assets
Dividends Paid
$46.2M
Returned to shareholders

TXNM SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Txnm Energy Inc. (CIK: 0001108426)

📋 Recent SEC Filings

Date Form Document Action
May 1, 2026 10-Q pnm-20260331.htm View →
May 1, 2026 8-K pnm-20260501.htm View →
Apr 28, 2026 DEF 14A txnm-20260423.htm View →
Mar 31, 2026 8-K pnm-20260331.htm View →
Mar 9, 2026 4 xslF345X05/wk-form4_1773089719.xml View →

Frequently Asked Questions about TXNM

What is the AI rating for TXNM?

Txnm Energy Inc. (TXNM) has an AI rating of SELL with 70% confidence, based on fundamental analysis of SEC EDGAR filings.

What are TXNM's key strengths?

Claude: Positive operating cash flow of $153.2M provides some debt service capacity. Operating margin of 15.3% demonstrates core business competitiveness.

What are the risks of investing in TXNM?

Claude: Critical liquidity crisis: current ratio of 0.55x indicates inability to meet short-term obligations. Negative free cash flow of -$159.5M is unsustainable without external financing.

What is TXNM's revenue and growth?

Txnm Energy Inc. reported revenue of $505.0M.

Does TXNM pay dividends?

Txnm Energy Inc. pays dividends, with $46.2M distributed to shareholders in the trailing twelve months.

Where can I find TXNM SEC filings?

Official SEC filings for Txnm Energy Inc. (CIK: 0001108426) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is TXNM's EPS?

Txnm Energy Inc. has a diluted EPS of $0.03.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is TXNM a good stock to buy right now?

Based on our AI fundamental analysis in May 2026, Txnm Energy Inc. has a SELL rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is TXNM stock overvalued or undervalued?

Valuation metrics for TXNM: ROE of 0.1% (sector avg: 10%), net margin of 0.7% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy TXNM stock in 2026?

Our dual AI analysis gives Txnm Energy Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is TXNM's free cash flow?

Txnm Energy Inc.'s operating cash flow is $153.2M, with capital expenditures of $312.7M. FCF margin is -31.6%.

How does TXNM compare to other Utilities stocks?

Vs Utilities sector averages: Net margin 0.7% (avg: 12%), ROE 0.1% (avg: 10%), current ratio 0.55 (avg: 0.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 10, 2026 | Data as of: 2026-03-31 | Powered by Claude AI