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TXNM Energy Valuation Multiples
Discover revenue and EBITDA valuation multiples for TXNM Energy and similar public comparables like Grupo Ultra, Enel Chile, Tokyo Electric Power, Shenergy Group and more.
TXNM Energy Overview
About TXNM Energy
TXNM Energy Inc is a holding company that owns regulated utility companies providing energy to houses and businesses across Texas and New Mexico using its utilities.
Founded
2000
HQ

Employees
1.7K
Website
Sectors
Financials (LTM)
EV
$12B
TXNM Energy Financials
TXNM Energy reported last 12-month revenue of $2B and EBITDA of $929M.
In the same LTM period, TXNM Energy generated $929M in EBITDA and $198M in net income.
Revenue (LTM)
TXNM Energy P&L
In the most recent fiscal year, TXNM Energy reported revenue of $2B and EBITDA of $935M.
TXNM Energy expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Profit | — | XXX | $1B | XXX | XXX | XXX |
| Gross Margin | — | XXX | 62% | XXX | XXX | XXX |
| EBITDA | $929M | XXX | $935M | XXX | XXX | XXX |
| EBITDA Margin | 42% | XXX | 43% | XXX | XXX | XXX |
| EBIT Margin | 22% | XXX | 20% | XXX | XXX | XXX |
| Net Profit | $198M | XXX | $152M | XXX | XXX | XXX |
| Net Margin | 9% | XXX | 7% | XXX | XXX | XXX |
| Net Debt | — | — | $6B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
TXNM Energy Stock Performance
TXNM Energy has current market cap of $6B, and enterprise value of $12B.
Market Cap Evolution
TXNM Energy's stock price is $58.97.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $12B | $6B | 0.0% | XXX | XXX | XXX | $1.39 |
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Start Free TrialTXNM Energy Valuation Multiples
TXNM Energy trades at 5.4x EV/Revenue multiple, and 13.0x EV/EBITDA.
EV / Revenue (LTM)
TXNM Energy Financial Valuation Multiples
As of April 20, 2026, TXNM Energy has market cap of $6B and EV of $12B.
Equity research analysts estimate TXNM Energy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
TXNM Energy has a P/E ratio of 32.4x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $6B | XXX | $6B | XXX | XXX | XXX |
| EV (current) | $12B | XXX | $12B | XXX | XXX | XXX |
| EV/Revenue | 5.4x | XXX | 5.6x | XXX | XXX | XXX |
| EV/EBITDA | 13.0x | XXX | 13.0x | XXX | XXX | XXX |
| EV/EBIT | 24.5x | XXX | 27.5x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 9.0x | XXX | XXX | XXX |
| P/E | 32.4x | XXX | 42.3x | XXX | XXX | XXX |
| EV/FCF | — | XXX | (19.8x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified TXNM Energy Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


TXNM Energy Margins & Growth Rates
TXNM Energy's revenue in the last 12 month grew by 8%.
TXNM Energy's revenue per employee in the last FY averaged $1.3M, while opex per employee averaged $0.5M for the same period.
TXNM Energy's rule of 40 is 55% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
TXNM Energy's rule of X is 70% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
TXNM Energy Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 8% | XXX | 10% | XXX | XXX | XXX |
| EBITDA Margin | 42% | XXX | 43% | XXX | XXX | XXX |
| EBITDA Growth | 18% | XXX | 15% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 55% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 70% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $1.3M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| G&A Expenses to Revenue | — | XXX | 13% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 42% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
TXNM Energy Public Comps
See public comps and valuation multiples for other Utilities comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| TXNM Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| Grupo Ultra | XXX | XXX | XXX | XXX | XXX | XXX |
| Enel Chile | XXX | XXX | XXX | XXX | XXX | XXX |
| Tokyo Electric Power | XXX | XXX | XXX | XXX | XXX | XXX |
| Shenergy Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Southwest Gas Holdings | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
TXNM Energy M&A Activity
TXNM Energy acquired XXX companies to date.
Last acquisition by TXNM Energy was on XXXXXXXX, XXXXX. TXNM Energy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by TXNM Energy
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialTXNM Energy Investment Activity
TXNM Energy invested in XXX companies to date.
TXNM Energy made its latest investment on XXXXXXXX, XXXXX. TXNM Energy invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by TXNM Energy
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout TXNM Energy
| When was TXNM Energy founded? | TXNM Energy was founded in 2000. |
| Where is TXNM Energy headquartered? | TXNM Energy is headquartered in United States. |
| How many employees does TXNM Energy have? | As of today, TXNM Energy has over 1K employees. |
| Who is the CEO of TXNM Energy? | TXNM Energy's CEO is Joseph D. Tarry. |
| Is TXNM Energy publicly listed? | Yes, TXNM Energy is a public company listed on NYSE. |
| What is the stock symbol of TXNM Energy? | TXNM Energy trades under TXNM ticker. |
| When did TXNM Energy go public? | TXNM Energy went public in 1972. |
| Who are competitors of TXNM Energy? | TXNM Energy main competitors are Grupo Ultra, Enel Chile, Tokyo Electric Power, Shenergy Group. |
| What is the current market cap of TXNM Energy? | TXNM Energy's current market cap is $6B. |
| What is the current revenue of TXNM Energy? | TXNM Energy's last 12 months revenue is $2B. |
| What is the current revenue growth of TXNM Energy? | TXNM Energy revenue growth (NTM/LTM) is 8%. |
| What is the current EV/Revenue multiple of TXNM Energy? | Current revenue multiple of TXNM Energy is 5.4x. |
| Is TXNM Energy profitable? | Yes, TXNM Energy is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of TXNM Energy? | TXNM Energy's last 12 months EBITDA is $929M. |
| What is TXNM Energy's EBITDA margin? | TXNM Energy's last 12 months EBITDA margin is 42%. |
| What is the current EV/EBITDA multiple of TXNM Energy? | Current EBITDA multiple of TXNM Energy is 13.0x. |
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