Public Service Co Of New Mexico (PNMXO) Gross Margin (2023 - 2026)
Public Service Co Of New Mexico (PNMXO) recorded Gross Margin of 70.08% in Q2 2026, up 3.44 percentage points from 66.64% a year earlier.
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Analysis
Public Service Co Of New Mexico (PNMXO) Gross Margin (2023 - 2026) Analysis & Trends
On a TTM basis, Public Service Co Of New Mexico's Gross Margin came in at 68.14% as of Jun 30, 2026, down 0.66 percentage points year-over-year; for FY2025, it was 66.94%, down 3.44 percentage points from FY2024.
- Annual Gross Margin has a three-year change of +10.85 percentage points (FY2022 to FY2025).
- Across earlier years, Gross Margin came in at 70.37% in FY2024 (+11.74 pp), 58.63% in FY2023 (+2.55 pp) and 56.08% in FY2022.
- The Q2 2026 figure is the highest quarterly Gross Margin since Q3 2024.
- On a year-over-year basis, Gross Margin rose in three of the last seven quarters, with an average year-over-year change of +2.44 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | 39.24% |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | - |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | - |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 73.06% |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | - |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 75.47% |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 99.07% |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | - |
| 10 | Public Service Co Of New Mexico | 8.19 Bn | 8.15 Bn | 384.42 Mn | 70.08% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.08% |
| Dec 31, 2025 | 65.46% |
| Sep 30, 2025 | 69.86% |
| Jun 30, 2025 | 66.64% |
| Mar 31, 2025 | 64.96% |
| Dec 31, 2024 | 66.86% |
| Sep 30, 2024 | 75.60% |
| Jun 30, 2024 | 68.30% |
| Mar 31, 2024 | 69.72% |
| Dec 31, 2023 | 56.85% |
| Sep 30, 2023 | 58.42% |
API Access
Public Service Co Of New Mexico Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PNMXO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PNMXO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PNMXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();