PNM Resources (FRA:98P) Net Margin % : -12.16% (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is PNM Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. PNM Resources's Net Income for the three months ended in Dec. 2023 was €-46 Mil. PNM Resources's Revenue for the three months ended in Dec. 2023 was €378 Mil. Therefore, PNM Resources's net margin for the quarter that ended in Dec. 2023 was -12.16%.

The historical rank and industry rank for PNM Resources's Net Margin % or its related term are showing as below:

FRA:98P' s Net Margin % Range Over the Past 10 Years
Min: 1.12 Med: 6.78 Max: 11.38
Current: 4.56

FRA:98P's Net Margin % is ranked worse than
63.81% of 514 companies
in the Utilities - Regulated industry
Industry Median: 7.795 vs FRA:98P: 4.56

PNM Resources Net Margin % Historical Data

The historical data trend for PNM Resources's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PNM Resources Net Margin % Chart

PNM Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

Get a 7-Day Free Trial

5.34

11.38

11.03

7.56

4.56

PNM Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %	Get a 7-Day Free Trial															2.76	10.14	9.52	7.48	-12.16

Competitive Comparison of PNM Resources's Net Margin %

For the Utilities - Regulated Electric subindustry, PNM Resources's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PNM Resources's Net Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PNM Resources's Net Margin % distribution charts can be found below:

* The bar in red indicates where PNM Resources's Net Margin % falls into.

PNM Resources Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

PNM Resources's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	81.013	/	1778.245
	=	4.56 %

PNM Resources's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-45.937	/	377.909
	=	-12.16 %

PNM Resources (FRA:98P) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

PNM Resources Net Margin % Related Terms

Thank you for viewing the detailed overview of PNM Resources's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

PNM Resources (FRA:98P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PNM Resources Inc (FRA:98P) » Definitions » Net Margin %

Comparable Companies

MGEE POR IDA HE GNE VIA SUME OGE PNW EVRG NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

PNM:USA

Address

414 Silver Avenue SW, Albuquerque, NM, USA, 87102-3289

Website

https://www.pnmresources.com

PNM Resources Inc, or PNMR, is a holding company that owns regulated utilities companies providing electricity and electric services. PNMR segments its operations by its two subsidiaries, PNM and TNMP. PNM provides electric generation, transmission, and distribution services mainly to areas of New Mexico. While PNM uses a variety of fuel sources across its power plant portfolio, its coal and gas-fueled sites produce most of the energy. TNMP owns and operates transmission and distribution services primarily in small to medium-sized communities in Texas. Both subsidiaries generate revenue for PNMR through the sale of electricity and transmission service fees fairly evenly split between residential and commercial customers. PNM generates the vast majority of PNMR's total revenue.

PNM Resources (FRA:98P) Headlines

No Headlines