| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|
| Electric Operating Revenues | $2.17B+9.9% | $1.97B+1.7% | $1.94B-13.8% | $2.25B+26.4% | $1.78B+16.9% | $1.52B+4.5% | $1.46B+1.5% | $1.44B-0.6% | $1.45B |
| Administrative and general | $274.5M+11.1% | $247.1M+8.4% | $227.9M+0.3% | $227.1M-1.4% | $230.3M+413.9% | $44.8M+10.6% | $40.5M+4.9% | $38.6M-3.0% | $39.8M |
| Regulatory disallowances | -$731K-108.1% | $9.0M-87.5% | $71.9M+8544.6% | $832K | — | — | — | — | — |
| Depreciation and amortization | $425.6M+10.6% | $384.9M+20.5% | $319.5M+4.8% | $304.9M+7.3% | $284.1M+223.6% | $87.8M+4.2% | $84.3M+27.3% | $66.2M+4.8% | $63.1M |
| Transmission and distribution costs | $100.8M+2.5% | $98.4M-0.3% | $98.7M+4.3% | $94.7M+16.4% | $81.3M+186.3% | $28.4M+5.6% | $26.9M-9.1% | $29.6M+1.3% | $29.2M |
| Taxes other than income taxes | $109.9M+9.3% | $100.6M+4.8% | $95.9M+3.2% | $93.0M+8.1% | $86.0M+171.9% | $31.6M+3.0% | $30.7M+6.6% | $28.8M-1.4% | $29.2M |
| Total operating expenses | $1.72B+13.6% | $1.52B-11.1% | $1.71B-8.0% | $1.86B+26.1% | $1.47B+399.4% | $294.7M+6.0% | $278.0M+12.0% | $248.2M+0.4% | $247.2M |
| Operating income | $441.2M-2.7% | $453.5M+96.0% | $231.3M-41.2% | $393.8M+27.8% | $308.2M+248.4% | $88.5M+3.1% | $85.8M-11.1% | $96.5M+3.1% | $93.6M |
| Interest income | $20.1M-14.8% | $23.5M+7.2% | $22.0M+36.5% | $16.1M+9.8% | $14.7M+1.3% | $14.5M+1.2% | $14.3M+9.3% | $13.1M+54.8% | $8.5M |
| Gains on investment securities | $34.8M+29.4% | $26.9M+39.5% | $19.2M+124.6% | -$78.4M-565.0% | $16.9M-22.0% | $21.6M-27.0% | $29.6M+272.3% | -$17.2M-163.2% | $27.2M |
| Other income | $29.1M+1.6% | $28.6M+18.2% | $24.2M+12.1% | $21.6M+6.9% | $20.2M+136.4% | $8.5M+53.7% | $5.6M+1.3% | $5.5M+9.9% | $5.0M |
| Other (deductions) | -$73.5M-204.0% | -$24.2M-52.4% | -$15.9M-14.3% | -$13.9M+25.2% | -$18.6M-980.3% | -$1.7M-20.3% | -$1.4M-0.4% | -$1.4M+1.5% | -$1.4M |
| Net other income and (deductions) | $10.4M-81.1% | $54.8M+10.6% | $49.5M+190.8% | -$54.5M-264.5% | $33.2M+385.5% | $6.8M+65.3% | $4.1M+1.6% | $4.1M-89.4% | $38.3M |
| Interest Charges | $271.5M+19.1% | $228.1M+19.8% | $190.4M+48.8% | $127.9M+32.0% | $96.9M+218.8% | $30.4M+4.4% | $29.1M-9.3% | $32.1M+6.7% | $30.1M |
| Earnings before Income Taxes | $180.0M-35.8% | $280.2M+209.6% | $90.5M-57.2% | $211.3M-13.5% | $244.4M+276.7% | $64.9M+6.7% | $60.8M-11.1% | $68.5M+2.1% | $67.1M |
| Income Taxes (Benefits) | $10.2M-52.7% | $21.5M+231.6% | -$16.4M-162.6% | $26.1M-19.8% | $32.6M+416.5% | $6.3M+25.0% | $5.0M-70.1% | $16.9M-46.4% | $31.5M |
| Net Earnings | $169.8M-34.4% | $258.7M+142.1% | $106.9M-42.3% | $185.2M-12.6% | $211.8M+32.4% | $160.0M+188.7% | $55.4M-21.2% | $70.3M-19.6% | $87.4M |
| (Earnings) Attributable to Valencia Non-controlling Interest | -$17.9M-11.8% | -$16.0M+13.5% | -$18.5M-22.6% | -$15.1M+2.4% | -$15.5M-10.5% | -$14.0M+1.6% | -$14.2M+5.8% | -$15.1M-0.6% | -$15.0M |
| Preferred Stock Dividend Requirements of Subsidiary | -$528K+0.0% | -$528K+0.0% | -$528K+0.0% | -$528K | — | — | — | — | — |
| Net Earnings Available for PNM Common Stock | $151.4M-37.5% | $242.2M+175.7% | $87.8M-48.2% | $169.5M-13.4% | $195.8M+13.3% | $172.8M+123.3% | $77.4M-9.7% | $85.6M+7.2% | $79.9M |
| Basic (in dollars per share) | $1490.00-44.2% | $2670.00+161.8% | $1020.00-48.2% | $1970.00-13.6% | $2280.00+5.6% | $2160.00+122.7% | $970.00-9.3% | $1070.00+7.0% | $1000.00 |
| Diluted (in dollars per share) | $1480.00-44.6% | $2670.00+161.8% | $1020.00-48.2% | $1970.00-13.2% | $2270.00+5.6% | $2150.00+121.6% | $970.00-9.3% | $1070.00+7.0% | $1000.00 |
| Electricity | |||||||||
| Cost of energy | $98.4M+4.9% | $93.7M+2.3% | $91.6M-90.7% | $987.9M+53.2% | $644.9M+44.2% | $447.2M+8.3% | $412.8M+3.3% | $399.7M-1.9% | $407.5M |
| Energy production costs | |||||||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.