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PNM Resources (PNM Resources) Profitability Rank : 7 (As of Dec. 2023)


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What is PNM Resources Profitability Rank?

PNM Resources has the Profitability Rank of 7.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

PNM Resources's Operating Margin % for the quarter that ended in Dec. 2023 was 4.65%. As of today, PNM Resources's Piotroski F-Score is 4.


Competitive Comparison of PNM Resources's Profitability Rank

For the Utilities - Regulated Electric subindustry, PNM Resources's Profitability Rank, along with its competitors' market caps and Profitability Rank 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 Profitability Rank Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where PNM Resources's Profitability Rank falls into.



PNM Resources Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

PNM Resources has the Profitability Rank of 7.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=19.144 / 412.114
=4.65 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

PNM Resources has an F-score of 4 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Warning Sign:

PNM Resources Inc operating margin has been in a 5-year decline. The average rate of decline per year is -5.5%.

4. Consistency of the profitability

5. Predictability Rank


PNM Resources Profitability Rank Related Terms

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


PNM Resources (PNM Resources) Business Description

Traded in Other Exchanges
Address
414 Silver Avenue SW, Albuquerque, NM, USA, 87102-3289
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.
Executives
Elisabeth A Eden officer: SVP, CFO & Treasurer 414 SILVER AVE SW, MS1295, ALBUQUERQUE NM 87102
Henry E Monroy officer: VP & Corporate Controller 414 SILVER AVENUE SW, MS1015, ALBUQUERQUE NM 87102-3289
Charles N Eldred officer: Chief Financial Officer 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Joseph Don Tarry officer: VP and Corporate Controller 414 SILVER AVE SW MS 1205, ALBUQUERQUE NM 87102-3289
Patrick V Apodaca officer: SR VP, GEN COUNSEL & SECY 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Ronald N. Darnell officer: VICE PRESIDENT, REGULATORY AFF 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Vicky A Bailey director 2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
James Alton Hughes director 350 W WASHINGTON STREET, SUITE 600, TEMPE AZ 85281
Norman P. Becker director 3900 SINGER BOULEVARD N.E., ALBUQUERQUE NM 87109
Chris M Olson officer: VP, Utility Operations 414 SILVER AVENUE SW, MS 1255, ALBUQUERQUE NM 87102-3289
Adelmo E Archuleta director 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Ronald E Talbot officer: SR VP, CHIEF OPERATING OFFICER 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Bruce W Wilkinson director 1333 WEST LOOP SOUTH, STE 1700, HOUSTON TX 77027
Sidney M. Gutierrez director 414 SILVER AVE SW, MS 1275, ALBUQUERQUE NM 87102-3289
Joan B Woodard director 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289

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