TXNM ENERGY INC

Electric Services·ALBUQUERQUE, NM·FY end 12/31·CIK 1108426

CEO Pay Ratio

35:1

Joseph D. Tarry

CEO Total Comp

$3.9M

Joseph D. Tarry

Median Employee

$148,703

Revenue

$2.2B

FY 2025

Net Income

—

FY 2025

Free Cash Flow

—

FY 2025

Net Margin

—

Insider Net (180d)

-$207.9K

0 buys / 2 sales

CEO Pay Accountability

CEO comp as % of net income

—

Not enough data to compute.

CEO comp as % of buybacks

32.61%

CEO comp equals 326.1‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$2.2B	$2.0B	$1.9B	$2.2B	$1.8B
Gross Profit	—	—	$655.8M	$740.5M	—
Operating Income	$441.2M	$453.5M	$231.3M	$393.8M	$308.2M
Net Income	—	—	—	—	—	—
Operating CF	$584.5M	$508.2M	$551.2M	$567.3M	$547.9M
Capex	—	—	—	—	—	—
Free Cash Flow	—	—	—	—	—	—
Buybacks	$12.0M	$8.5M	$9.6M	$8.0M	$10.1M
Dividends	$163.4M	$140.3M	$126.7M	$119.8M	$113.0M

Gross Margin	—	—	33.8%	32.9%	—
Operating Margin	20.4%	23.0%	11.9%	17.5%	17.3%
Net Margin	—	—	—	—	—	—
FCF Margin	—	—	—	—	—	—
R&D / Revenue	—	—	—	—	—	—
Effective Tax	5.7%	7.7%	-18.1%	12.4%	13.3%
Debt / Equity	1.50	1.70	1.81	1.78	1.62
Buybacks / FCF	—	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Patricia K. CollawnExecutive Chairman	$1.2M	$2.9M	—	$689.6K	$436.1K	$5.2M
Joseph D. TarryPresident and CEO	$839.5K	$2.3M	—	$495.1K	$294.4K	$3.9M
Brian G. IversonGeneral Counsel, SVP, Regulatory & Public Policy	$463.8K	$583.9K	—	$245.9K	$123.1K	$1.4M
Elisabeth A. Edenformer SVP & Chief Financial Officer	$341.1K	$367.6K	—	$175.0K	$132.0K	$1.0M
Henry E. MonroySVP & Chief Financial Officer	$363.5K	$353.2K	—	$160.9K	$94.6K	$972.3K
Monique JacobsonSVP, Corporate Services	$276.9K	$351.8K	—	$93.3K	$53.5K	$775.5K