Public Service Co Of New Mexico (PNMXO) Tax Rate (2023 - 2025)

Public Service Co Of New Mexico (PNMXO) reported Tax Rate of 67.74% for Q4 2025, up 5993.0% year-over-year from 1.11% in Q4 2024, and up 455.04% quarter-over-quarter from 12.21% in Q3 2025.

Public Service Co Of New Mexico (PNMXO) Tax Rate (2023 - 2025) Analysis & Trends

Public Service Co Of New Mexico (PNMXO) has 3 years of Tax Rate data on file, last reported at 67.74% in Q4 2025.

  • Tax Rate for Q4 2025 came in at 67.74%, up 5993.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 5.66% (down 202.0% YoY), and the FY2025 annual result was 5.66%, down 202.0% from the prior year.
  • Tax Rate grew to 67.74% in Q4 2025 per PNMXO's latest filing, from 12.21% 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 3-year average of 12.1% and a median of 10.01% in 2024 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate plunged 3106 bps in 2024, then jumped 5993 bps in 2025.
  • A 3-year view of Tax Rate shows it stood at 38.88% in 2023, then tumbled by 80 bps to 7.82% in 2024, then jumped by 766 bps to 67.74% in 2025.
  • Business Quant data shows PNMXO's Tax Rate at 67.74% in Q4 2025, 12.21% in Q3 2025, and 4.85% in Q2 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Dec 31, 2025 67.74%
Dec 31, 2025 67.74%
Sep 30, 2025 12.21%
Sep 30, 2025 12.21%
Jun 30, 2025 4.85%
Jun 30, 2025 4.85%
Mar 31, 2025 7.37%
Mar 31, 2025 7.37%
Dec 31, 2024 7.82%
Dec 31, 2024 7.82%
Sep 30, 2024 14.66%
Sep 30, 2024 14.66%
Jun 30, 2024 14.72%
Jun 30, 2024 14.72%
Mar 31, 2024 -33.26%
Mar 31, 2024 -33.26%
Dec 31, 2023 38.88%
Dec 31, 2023 38.88%
Sep 30, 2023 -13.99%
Sep 30, 2023 -13.99%