PNM Resources Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	1,939	2,250	1,780	1,523	1,458	Upgrade
Revenue Growth (YoY)	-13.80%	26.39%	16.87%	4.49%	1.46%	Upgrade
Cost of Revenue	989.81	1,228	874.79	666.74	635.41	Upgrade
Gross Profit	949.39	1,021	905.08	856.27	822.19	Upgrade
Selling, General & Admin	227.9	227.15	230.29	216.33	189.23	Upgrade
Other Operating Expenses	391.43	305.69	285.3	276.71	418.9	Upgrade
Operating Expenses	619.33	532.83	515.59	493.04	608.13	Upgrade
Operating Income	330.06	488.44	389.49	363.22	214.06	Upgrade
Interest Expense / Income	190.36	127.91	96.88	114.39	121.02	Upgrade
Other Expense / Income	68.24	164.88	64.2	55.42	40.97	Upgrade
Pretax Income	71.47	195.66	228.41	193.41	52.08	Upgrade
Income Tax	-16.35	26.13	32.58	20.64	-25.28	Upgrade
Net Income	87.82	169.53	195.83	172.78	77.36	Upgrade
Preferred Dividends	0.53	0.53	0.53	0.53	0.53	Upgrade
Net Income Common	87.29	169	195.3	172.25	76.83	Upgrade
Net Income Growth	-48.35%	-13.47%	13.38%	124.18%	-9.73%	Upgrade
Shares Outstanding (Basic)	86	86	86	80	80	Upgrade
Shares Change	-	-	7.76%	-	-	Upgrade
EPS (Basic)	1.02	1.97	2.28	2.16	0.97	Upgrade
EPS (Diluted)	1.02	1.97	2.27	2.15	0.97	Upgrade
EPS Growth	-48.22%	-13.22%	5.58%	121.65%	-9.35%	Upgrade
Free Cash Flow	-491.99	-345.27	-387.14	-193.33	-113.11	Upgrade
Free Cash Flow Per Share	-5.73	-4.02	-4.51	-2.43	-1.42	Upgrade
Dividend Per Share	1.470	1.390	1.310	1.230	1.160	Upgrade
Dividend Growth	5.76%	6.11%	6.50%	6.03%	9.43%	Upgrade
Gross Margin	48.96%	45.40%	50.85%	56.22%	56.41%	Upgrade
Operating Margin	17.02%	21.71%	21.88%	23.85%	14.69%	Upgrade
Profit Margin	4.50%	7.51%	10.97%	11.31%	5.27%	Upgrade
Free Cash Flow Margin	-25.37%	-15.35%	-21.75%	-12.69%	-7.76%	Upgrade
Effective Tax Rate	-22.88%	13.35%	14.26%	10.67%	-48.54%	Upgrade
EBITDA	615.52	664.69	645.5	622.47	474.16	Upgrade
EBITDA Margin	31.74%	29.55%	36.27%	40.87%	32.53%	Upgrade
Depreciation & Amortization	353.69	341.12	320.21	314.67	301.07	Upgrade
EBIT	261.82	323.57	325.29	307.8	173.1	Upgrade
EBIT Margin	13.50%	14.38%	18.28%	20.21%	11.88%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).