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

Public Service Co Of New Mexico (PNMXO) has 3 years of Net Margin data on file, last reported at 1.85% in Q4 2025.

• Net Margin for Q4 2025 came in at 1.85%, down 514.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 6.99% (down 530.0% YoY), and the FY2025 annual result was 6.99%, down 530.0% from the prior year.
• Net Margin fell to 1.85% in Q4 2025 per PNMXO's latest filing, from 20.2% in the prior quarter.
• Over five years, Net Margin peaked at 23.05% in Q3 2024 and troughed at 12.19% in Q4 2023.
• A 3-year average of 6.68% and a median of 5.88% in 2023 frame the typical range for Net Margin.
• The sharpest annual moves came in 2024 and 2025: Net Margin surged 1559 bps in 2024, then slumped 895 bps in 2025.
• A 3-year view of Net Margin shows it stood at 12.19% in 2023, then soared by 127 bps to 3.29% in 2024, then slumped by 156 bps to 1.85% in 2025.
• Business Quant data shows PNMXO's Net Margin at 1.85% in Q4 2025, 20.2% in Q3 2025, and 4.29% in Q2 2025.