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PNM Resources, Inc. PNM Resources, Inc.

PNM Resources, Inc.

PNM
Rank in Stocks #4454
PNM Resources, Inc. is an American energy provider that delivers electricity... PNM Resources, Inc. is an American energy provider that delivers electricity and related services through its operating divisions. The company's operations are primarily conducted via two subsidiaries: Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP). The PNM segment is responsible for the generation, transmission, and distribution of electricity. It utilizes a varied portfolio of energy sources, including coal, natural gas and oil, nuclear power, solar, wind, and geothermal. As of December 31, 2021, this division's owned and leased facilities boasted a combined net generating capacity of 2,168 megawatts. Its infrastructure at that time also comprised 3,426 miles of electric transmission lines, 5,751 miles of overhead distribution lines, 5,765 miles of underground distribution lines, and 250 substations. Additionally, PNM owns and leases various communication and office equipment, office premises, vehicles, and real estate. Conversely, the TNMP segment focuses on providing regulated electricity transmission and distribution services. By the close of 2021, its assets included 983 miles of overhead electric transmission lines, 7,297 miles of overhead distribution lines, 1,408 miles of underground distribution lines, and 113 substations. This segment also manages its fleet of vehicles, service centers, and office locations throughout its operational territories. Collectively, PNM Resources, Inc. serves approximately 806,000 residential, commercial, and industrial consumers of electricity across New Mexico and Texas. The company was founded in 1882 and has its corporate headquarters situated in Albuquerque, New Mexico.
Share Price
$40.70
Last synced: 2024-08-27
Market Cap
$3.69B
Change (1 day)
-0.76%
Change (1 year)
0.00%
Country
US
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Operating Margin for PNM Resources, Inc. (PNM)
Operating Margin as of August 2026 TTM: 0.00%
According to PNM Resources, Inc. latest financial reports and stock price the company's current Operating Margin (TTM) is 0.00%. At the end of 2023 the company had an Operating Margin of 11.93%.
Operating Margin history for PNM Resources, Inc. from 2019 to 2026
Operating Margin at the end of each year
Year Operating Margin Change
2026 (TTM) 0.00% -100.00%
2024 23.01% 92.88%
2023 11.93% -31.83%
2022 17.50% 1.10%
2021 17.31% -7.58%
2020 18.73% 0.00%
2019 0.00% 0.00%
Operating Margin for similar companies or competitors
Company Operating Margin Operating Margin Difference Country
29.49% -
US
24.19% -
US
0.00% -
US
28.36% -
US
25.13% -
US
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.