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 ROE as of June 2026 (TTM) for PNM Resources, Inc. (PNM) is 4.35%

According to PNM Resources, Inc.’s latest financial reports and current stock price. The company's current ROE is 4.35%. This represents a change of 302.58% compared to the average of 1.08% of the last 4 quarters.

PNM Resources, Inc. (PNM) Historical ROE (quarterly & annually)

How has PNM ROE performed in the past?

The mean historical ROE of PNM Resources, Inc. over the last ten years is 6.78%. The current 4.35% ROE has changed -35.79% with respect to the historical average. Over the past ten years (40 quarters), PNM's ROE was at its highest in in the September 2024 quarter at 5.31%. The ROE was at its lowest in in the December 2023 quarter at -2.12%.

Quarterly (TTM)
Annual

Average

6.78%

Median

7.72%

Minimum

3.74%

Maximum

9.52%

PNM Resources, Inc. (PNM) ROE by Quarter and Year

Discovering the peaks and valleys of PNM Resources, Inc. ROE, 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 = 154.50%

Maximum Annual ROE = 9.52%

Minimum Annual Increase = -53.32%

Minimum Annual ROE = 3.74%

Quarterly (TTM)
Annual
YearROEChange
20254.45%-53.32%
20249.52%154.50%
20233.74%-51.51%
20227.72%-14.35%
20219.01%7.16%
20208.41%82.47%

PNM Resources, Inc. (PNM) Average ROE

How has PNM ROE performed in the past?

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

3-year avg

5.90%

5-year avg

6.89%

10-year avg

6.78%

PNM Resources, Inc. (PNM) ROE vs. Peers

How is PNM’s ROE compared to its peers?

PNM Resources, Inc.’s ROE is less than DTE Energy Company JR SUB DEB 76 (10.43%), less than South Jersey Industries, Inc. (9.83%), less than UGI Corporation (12.77%), less than Via Renewables, Inc. (9.50%), less than Atlantica Sustainable Infrastructure plc (2.87%), less than Algonquin Power & Utilities Cor (3.63%), less than H2O America (6.60%), less than Genie Energy Ltd. (7.64%), greater than NuScale Power Corporation (-40.01%),

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