PNMXO.PFD (Public Service Company of New Mexico) Tax Rate % : 13.82% (As of Sep. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Public Service Company of New Mexico Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Public Service Company of New Mexico's Tax Expense for the three months ended in Sep. 2024 was $18.27 Mil. Public Service Company of New Mexico's Pre-Tax Income for the three months ended in Sep. 2024 was $132.13 Mil. Therefore, Public Service Company of New Mexico's Tax Rate % for the quarter that ended in Sep. 2024 was 13.82%.

Public Service Company of New Mexico Tax Rate % Historical Data

The historical data trend for Public Service Company of New Mexico's Tax Rate % 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.

Public Service Company of New Mexico Tax Rate % Chart

Public Service Company of New Mexico Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

-88.13

12.02

13.59

13.89

-44.15

Public Service Company of New Mexico Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															-118.66	34.91	11.41	14.36	13.82

Public Service Company of New Mexico Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Public Service Company of New Mexico's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	-16.758	/	37.96
	=	-44.15 %

Public Service Company of New Mexico's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	18.265	/	132.127
	=	13.82 %

Public Service Company of New Mexico Tax Rate % Related Terms

Thank you for viewing the detailed overview of Public Service Company of New Mexico's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Public Service Company of New Mexico Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Public Service Company of New Mexico (OTCPK:PNMXO.PFD) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

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

Website

https://www.pnm.com

Public Service Company of New Mexico is an electric utility company. It provides electric generation, transmission, and distribution services to its rate-regulated customers. In addition, it is also involved in the provision of transmission services to third parties; and the generation and sale of electricity into the wholesale market. Geographically, it operates through the region of Mexico and it provides retail electric service to customers in north-central New Mexico, including the cities of Albuquerque, Rio Rancho, and Santa Fe, and certain areas of southern New Mexico.

Public Service Company of New Mexico Headlines

No Headlines