Public Service Co Of New Mexico (PNMXO) Operating Expenses (2023 - 2026)
Public Service Co Of New Mexico (PNMXO) posted Operating Expenses of $425.25 million for Q2 2026, down 1.0% from $429.72 million a year earlier.
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Analysis
Public Service Co Of New Mexico (PNMXO) Operating Expenses (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Public Service Co Of New Mexico was $1.74 billion, up 7.4% year-over-year; for FY2025, it came in at $1.72 billion, up 13.6% from FY2024.
- Annual Operating Expenses shows a three-year compound annual growth rate of -2.4% (FY2022 to FY2025).
- In prior years, Public Service Co Of New Mexico's Operating Expenses was $1.52 billion in FY2024 (-11.1%), $1.71 billion in FY2023 (-8.0%) and $1.86 billion in FY2022.
- The Q2 2026 figure stands as the lowest quarterly Operating Expenses since Q1 2025.
- On a year-over-year basis, Operating Expenses increased in four of the last seven quarters, with growth averaging 4.5%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | -140.00 Mn |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 4.15 Bn |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 2.41 Bn |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 1.63 Bn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 1.63 Bn |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 626.05 Mn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | - |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 813.00 Mn |
| 10 | Public Service Co Of New Mexico | 8.19 Bn | 8.15 Bn | 384.42 Mn | 425.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 425.25 Mn |
| Dec 31, 2025 | 439.51 Mn |
| Sep 30, 2025 | 444.29 Mn |
| Jun 30, 2025 | 429.72 Mn |
| Mar 31, 2025 | 410.90 Mn |
| Dec 31, 2024 | 400.83 Mn |
| Sep 30, 2024 | 378.18 Mn |
| Jun 30, 2024 | 382.42 Mn |
| Mar 31, 2024 | 356.29 Mn |
| Dec 31, 2023 | 458.85 Mn |
| Sep 30, 2023 | 419.20 Mn |
API Access
Public Service Co Of New Mexico Operating Expenses 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=operating-expenses&ticker=PNMXO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=PNMXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();