Growth Metrics

Public Service Co Of New Mexico (PNMXO) Construction in Progress (2023 - 2025)

Public Service Co Of New Mexico (PNMXO) reported Construction in Progress of $653.2 million for Q4 2025, up 31.7% year-over-year from $496.0 million in Q4 2024, and down 17.51% on a QoQ basis from $791.8 million in Q3 2025.

Public Service Co Of New Mexico (PNMXO) has 3 years of Construction in Progress data on file, last reported at $653.2 million in Q4 2025.

  • Quarterly Construction in Progress rose 31.7% year-over-year to $653.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $653.2 million (up 31.7% YoY) and the FY2025 annual result came in at $653.2 million, up 31.7% from the prior year.
  • Construction in Progress eased to $653.2 million in Q4 2025 per PNMXO's latest filing, from $791.8 million in the prior quarter.
  • Across five years, Construction in Progress topped out at $816.1 million in Q3 2024 and bottomed at $496.0 million in Q4 2024.
  • The 3-year median for Construction in Progress is $653.2 million (2025), against an average of $666.0 million.
  • The widest annual swing landed in 2024, when Construction in Progress dropped 15.91%; it then soared 31.7% in 2025.
  • Tracing PNMXO's Construction in Progress over 3 years: stood at $589.8 million in 2023, then declined by 15.91% to $496.0 million in 2024, then surged by 31.7% to $653.2 million in 2025.
  • Per Business Quant, the three latest PNMXO Construction in Progress figures stand at $653.2 million (Q4 2025), $791.8 million (Q3 2025), and $677.9 million (Q2 2025).

Historic Data

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DateValue
Dec 31, 2025 653.21 Mn
Sep 30, 2025 791.84 Mn
Jun 30, 2025 677.90 Mn
Mar 31, 2025 637.26 Mn
Dec 31, 2024 495.98 Mn
Sep 30, 2024 816.14 Mn
Dec 31, 2023 589.83 Mn