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

Public Service Co Of New Mexico (PNMXO) has 3 years of Operating Margin data on file, last reported at 17.58% in Q4 2025.

• On a quarterly basis, Operating Margin rose 161.0% year-over-year to 17.58% in Q4 2025; TTM through Dec 2025 was 20.37%, a 263.0% decrease from a year earlier, with the FY2025 full-year figure at 20.37%, down 263.0% from the prior year.
• Operating Margin for Q4 2025 stood at 17.58%, down from 31.35% in the prior quarter.
• Over the last five years, Operating Margin for PNMXO reached as high as 33.57% in Q3 2024 and fell as low as 11.34% in Q4 2023.
• Historically, Operating Margin has averaged 17.37% across 3 years, with a median of 17.35% in 2025.
• Across the five-year window, Operating Margin jumped 2730 bps in 2024 and sank 718 bps in 2025, its largest moves.
• Year by year, Operating Margin stood at 11.34% in 2023, then jumped by 241 bps to 15.96% in 2024, then climbed by 10 bps to 17.58% in 2025.
• Per Business Quant data, the three most recent Operating Margin figures were 17.58% in Q4 2025, 31.35% in Q3 2025, and 14.47% in Q2 2025.