Public Service Co Of New Mexico (PNMXO) Operating Margin (2023 - 2026)

Public Service Co Of New Mexico (PNMXO) has reported Operating Margin for 4 consecutive years, with 22.48% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Margin rose 801.0% year-over-year to 22.48% in Q2 2026; TTM through Jun 2026 was 22.08%, a 180.0% increase from a year earlier, with the FY2025 full-year figure at 20.37%, down 263.0% from the prior year.
• Operating Margin was 22.48% for Q2 2026 at Public Service Co Of New Mexico, up from 17.58% in the prior quarter.
• Over five years, Operating Margin peaked at 33.57% in Q3 2024 and troughed at 11.34% in Q4 2023.
• A 4-year average of 17.83% and a median of 17.58% in 2025 frame the typical range for Operating Margin.
• Across the five-year window, Operating Margin surged 2730 bps in 2024 and plunged 718 bps in 2025, its largest moves.
• Over 4 years, Operating Margin stood at 11.34% in 2023, then soared by 241 bps to 15.96% in 2024, then increased by 10 bps to 17.58% in 2025, then rose by 28 bps to 22.48% in 2026.
• The last three Operating Margin figures came in at 22.48% (Q2 2026), 17.58% (Q4 2025), and 31.35% (Q3 2025), per Business Quant data.