Growth Metrics

Public Service Co Of New Mexico (PNMXO) Debt to Equity (2023 - 2025)

Public Service Co Of New Mexico (PNMXO) reported Debt to Equity of $1.59 for Q4 2025, down 17.96% year-over-year from $1.94 in Q4 2024, and up 6.98% on a QoQ basis from $1.49 in Q3 2025.

Public Service Co Of New Mexico (PNMXO) has 3 years of Debt to Equity data on file, last reported at $1.59 in Q4 2025.

  • Quarterly Debt to Equity fell 17.96% year-over-year to $1.59 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.59 (down 17.96% YoY) and the FY2025 annual result came in at $1.59, down 17.96% from the prior year.
  • Debt to Equity improved to $1.59 in Q4 2025 per PNMXO's latest filing, from $1.49 in the prior quarter.
  • Across five years, Debt to Equity topped out at $2.06 in Q1 2025 and bottomed at $1.49 in Q3 2025.
  • The 3-year median for Debt to Equity is $1.88 (2023), against an average of $1.79.
  • The widest annual swing landed in 2024, when Debt to Equity rose 2.94%; it then decreased 24.92% in 2025.
  • Tracing PNMXO's Debt to Equity over 3 years: stood at $1.88 in 2023, then grew by 2.94% to $1.94 in 2024, then slipped by 17.96% to $1.59 in 2025.
  • Per Business Quant, the three latest PNMXO Debt to Equity figures stand at $1.59 (Q4 2025), $1.49 (Q3 2025), and $1.59 (Q2 2025).

Historic Data

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DateValue
Dec 31, 2025 1.59
Sep 30, 2025 1.49
Jun 30, 2025 1.59
Mar 31, 2025 2.06
Dec 31, 2024 1.94
Sep 30, 2024 1.98
Dec 31, 2023 1.88