PNM Resources, Inc.

PNM Resources, Inc.verified

PNM

Price:

$41.77

Market Cap:

$6.36B

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 3,42...[Read more]

Industry

Regulated Electric

IPO Date

1984-08-10

Stock Exchange

NYSE

Ticker

PNM

The Current Ratio as of June 2026 (TTM) for PNM Resources, Inc. (PNM) is 0.55

According to PNM Resources, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.55. This represents a change of 25.19% compared to the average of 0.44 of the last 4 quarters.

PNM Resources, Inc. (PNM) Historical Current Ratio (quarterly & annually)

How has PNM Current Ratio performed in the past?

The mean historical Current Ratio of PNM Resources, Inc. over the last ten years is 0.36. The current 0.55 Current Ratio has changed 15.32% with respect to the historical average. Over the past ten years (40 quarters), PNM's Current Ratio was at its highest in in the March 2026 quarter at 0.55. The Current Ratio was at its lowest in in the December 2025 quarter at 0.19.

Quarterly (TTM)
Annual

Average

0.36

Median

0.39

Minimum

0.19

Maximum

0.49

PNM Resources, Inc. (PNM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of PNM Resources, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 27.05%

Maximum Annual Current Ratio = 0.49

Minimum Annual Increase = -33.04%

Minimum Annual Current Ratio = 0.19

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.19-33.04%
20240.28-27.27%
20230.39-16.29%
20220.46-5.55%
20210.4926.57%
20200.3927.05%

PNM Resources, Inc. (PNM) Average Current Ratio

How has PNM Current Ratio performed in the past?

The current Current Ratio of PNM Resources, Inc. (PNM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.29

5-year avg

0.36

10-year avg

0.36

PNM Resources, Inc. (PNM) Current Ratio vs. Peers

How is PNM’s Current Ratio compared to its peers?

PNM Resources, Inc.’s Current Ratio is less than DTE Energy Company JR SUB DEB 76 (0.95), less than South Jersey Industries, Inc. (0.67), less than UGI Corporation (1.00), less than Via Renewables, Inc. (2.79), less than Atlantica Sustainable Infrastructure plc (1.62), less than Algonquin Power & Utilities Cor (1.05), less than H2O America (2.02), less than Genie Energy Ltd. (2.54), less than NuScale Power Corporation (29.36),

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