Public Service Co Of New Mexico (PNMXO) Operating Margin (2023 - 2026)
Public Service Co Of New Mexico (PNMXO) posted Operating Margin of 22.48% for Q2 2026, up 8.01 percentage points from 14.47% a year earlier.
Public Service Co Of New Mexico (PNMXO) Operating Margin (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Public Service Co Of New Mexico was 22.08%, up 1.80 percentage points year-over-year; for FY2025, it was 20.37%, down 2.63 percentage points from FY2024.
- Annual Operating Margin shows a three-year change of +2.87 percentage points (FY2022 to FY2025).
- In prior years, Public Service Co Of New Mexico's Operating Margin was 23.01% in FY2024 (+11.08 pp), 11.93% in FY2023 (-5.57 pp) and 17.50% in FY2022.
- Quarterly Operating Margin has run from a low of -11.34% in Q4 2023 to a high of 33.57% in Q3 2024 over five years.
- On a year-over-year basis, Operating Margin increased in four of the last seven quarters, with an average year-over-year change of +5.77 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | 30.20% |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 7.34% |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 22.64% |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 20.99% |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 21.94% |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 27.43% |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 36.45% |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 40.00% |
| 10 | Public Service Co Of New Mexico | 8.19 Bn | 8.15 Bn | 384.42 Mn | 22.48% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.48% |
| Dec 31, 2025 | 17.58% |
| Sep 30, 2025 | 31.35% |
| Jun 30, 2025 | 14.47% |
| Mar 31, 2025 | 14.89% |
| Dec 31, 2024 | 15.96% |
| Sep 30, 2024 | 33.57% |
| Jun 30, 2024 | 21.65% |
| Mar 31, 2024 | 18.45% |
| Dec 31, 2023 | -11.34% |
| Sep 30, 2023 | 17.13% |
Public Service Co Of New Mexico Operating Margin 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-margin&ticker=PNMXO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=PNMXO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();