Growth Metrics

Public Service Co Of New Mexico (PNMXO) Gross Margin (2023 - 2025)

Public Service Co Of New Mexico (PNMXO) reported Gross Margin of 65.46% for Q4 2025, down 12383.0% year-over-year from N/an in Q4 2024, and down 34.54% on a QoQ basis from 100.0% in Q3 2025.

Public Service Co Of New Mexico (PNMXO) has 3 years of Gross Margin data on file, last reported at 65.46% in Q4 2025.

  • Quarterly Gross Margin fell 12383.0% year-over-year to 65.46% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 91.5% (down 2182.0% YoY) and the FY2025 annual result came in at 66.94%, down 3306.0% from the prior year.
  • Gross Margin declined to 65.46% in Q4 2025 per PNMXO's latest filing, from 100.0% in the prior quarter.
  • Across five years, Gross Margin topped out at 189.3% in Q4 2024 and bottomed at 65.46% in Q4 2025.
  • The 3-year median for Gross Margin is 97.98% (2023), against an average of 100.42%.
  • The widest annual swing landed in 2024, when Gross Margin surged 10636 bps; it then slumped 12383 bps in 2025.
  • Tracing PNMXO's Gross Margin over 3 years: stood at 82.94% in 2023, then soared by 128 bps to 189.3% in 2024, then slumped by 65 bps to 65.46% in 2025.
  • Per Business Quant, the three latest PNMXO Gross Margin figures stand at 65.46% (Q4 2025), 100.0% (Q3 2025), and 100.0% (Q2 2025).

Historic Data

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DateValue
Dec 31, 2025 65.46%
Sep 30, 2025 100.00%
Jun 30, 2025 100.00%
Mar 31, 2025 100.00%
Dec 31, 2024 189.30%
Sep 30, 2024 75.60%
Jun 30, 2024 94.96%
Mar 31, 2024 100.00%
Dec 31, 2023 82.94%
Sep 30, 2023 95.97%