What does PNM Resources, Inc. do?

Jun 22 2025 06:15 PM IST
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PNM Resources, Inc. is an investor-owned holding company that provides electricity and electric services through regulated utilities in New Mexico and Texas. As of March 2025, it has a market cap of approximately $5.22 billion, with net sales of $483 million and a net profit of $13 million.
Overview:
PNM Resources, Inc. is an investor-owned holding company in the power industry, providing electricity and electric services through its regulated utilities in New Mexico and Texas, with a market cap in the small-cap bracket.

Financial Snapshot:
Most recent Net Sales: 483 Million (Quarterly Results - Mar 2025)
Most recent Net Profit: 13 Million (Quarterly Results - Mar 2025)
Market cap: USD 5,216.72 Million (Small Cap)

Key Metrics:
P/E: 23.00
Dividend Yield: 0.00%
Debt Equity: 2.33
Return on Equity: 8.94%
Price to Book: 2.07

Contact Details:
Address: 414 Silver Ave SW, ALBUQUERQUE NM: 87102-3289
Tel: ['1 505 2412700', '1 505 2412160']
Fax: 1 505 2414311
Website: https://www.pnmresources.com/
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