TXNM Energy, Inc.
TXNMUtilitiesNASDAQUtilities - Regulated Electric · Last scanned Jul 18, 2026
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Daily timeframeTXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. The $6.36B market capitalization puts TXNM squarely in mid-cap range for its industry. The company engages in the generation, transmission, and distribution of electricity for retail electric customers; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate.
Market Cap
$6.36B
Beta
0.17
P/E (TTM)
40.72
P/E (Fwd)
17.66
EPS (TTM)
$1.41
EPS (Fwd)
$3.25
ROE
5.4%
ROA
2.1%
Cash
$5.6M
Total Debt
$5.77B
Free CF
-$634.1M
52W Change
1.0%
Annual Financials
Cash vs Debt
TXNM Energy, Inc. carries $5.77B in total debt against $5.6M in cash reserves — debt is roughly 1025.9x the cash position. Managing this leverage effectively will be important for long-term financial stability. The company is burning cash, with free cash flow at -$634.1M. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. Return on equity stands at 5.4%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.1% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $2.25B (2022) to $2.17B (2025).
With a beta below 0.7, TXNM Energy, Inc. typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing TXNM.