Public Service Co Of New Mexico (PNMXO) Tax Rate (2023 - 2026)
Public Service Co Of New Mexico's (PNMXO) quarterly Tax Rate came in at 14.0% in Q2 2026, up 915.0% year-over-year from 1.38% in Q2 2025, and down 79.33% quarter-over-quarter from 67.74% in Q4 2025.
Analysis
Public Service Co Of New Mexico (PNMXO) Tax Rate (2023 - 2026) Analysis & Trends
Public Service Co Of New Mexico (PNMXO) has reported Tax Rate for 4 consecutive years, with 14.0% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 915.0% year-over-year to 14.0% in Q2 2026; TTM through Jun 2026 was 8.45%, a 389.0% decrease from a year earlier, with the FY2025 full-year figure at 5.66%, down 202.0% from the prior year.
- Tax Rate was 14.0% for Q2 2026 at Public Service Co Of New Mexico, down from 67.74% in the prior quarter.
- Over five years, Tax Rate peaked at 67.74% in Q4 2025 and troughed at 33.26% in Q1 2024.
- A 4-year average of 12.27% and a median of 12.21% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 3106 bps in 2024 and soared 5993 bps in 2025, its largest moves.
- Over 4 years, Tax Rate stood at 38.88% in 2023, then plunged by 80 bps to 7.82% in 2024, then soared by 766 bps to 67.74% in 2025, then slumped by 79 bps to 14.0% in 2026.
- The last three Tax Rate figures came in at 14.0% (Q2 2026), 67.74% (Q4 2025), and 12.21% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 308.83 Bn | 308.83 Bn | 890.00 Mn | -25.06% |
| 2 | Dominion Energy | 57.69 Bn | 56.90 Bn | 3.50 Bn | 16.49% |
| 3 | Xcel Energy | 47.53 Bn | 45.52 Bn | 3.12 Bn | -11.41% |
| 4 | Wec Energy | 34.61 Bn | 34.56 Bn | 1.45 Bn | 8.23% |
| 5 | Ameren | 29.36 Bn | 29.35 Bn | - | 14.13% |
| 6 | Firstenergy | 26.69 Bn | 26.50 Bn | 2.51 Bn | 20.72% |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | 15.58% |
| 8 | Edison International | 22.37 Bn | 22.13 Bn | 3.29 Bn | 16.89% |
| 9 | Cms Energy | 21.21 Bn | 20.97 Bn | 3.65 Bn | 24.03% |
| 10 | Public Service Co Of New Mexico | 8.19 Bn | 8.22 Bn | 384.42 Mn | 14.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.00% |
| Dec 31, 2025 | 67.74% |
| Sep 30, 2025 | 12.21% |
| Jun 30, 2025 | 4.85% |
| Mar 31, 2025 | 7.37% |
| Dec 31, 2024 | 7.82% |
| Sep 30, 2024 | 14.66% |
| Jun 30, 2024 | 14.72% |
| Mar 31, 2024 | -33.26% |
| Dec 31, 2023 | 38.88% |
| Sep 30, 2023 | -13.99% |