TXNM Energy, Inc. (TXNM)

TXNM Energy Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	151.36	242.15	87.82	169.53	195.83
Depreciation & Amortization	483.38	423.01	353.69	341.12	320.21
Loss (Gain) on Sale of Investments	-34.75	-31.3	-19.25	78.36	-16.85
Stock-Based Compensation	8.72	9.48	7.19	7.83	9.45
Change in Accounts Receivable	-25.04	-13.35	53.23	-73.1	-25.92
Change in Inventory	-14.46	-33.8	-31.3	-8.53	1.36
Change in Accounts Payable	18.31	10.02	-33.54	47.57	10.64
Change in Other Net Operating Assets	-72.37	-152.93	70.02	-25.09	12.97
Other Operating Activities	69.34	54.88	63.3	29.59	40.2
Operating Cash Flow	584.49	508.16	551.17	567.28	547.87
Operating Cash Flow Growth	15.02%	-7.80%	-2.84%	3.54%	12.80%
Capital Expenditures	-1,196	-1,247	-1,076	-912.56	-935.02
Sale of Property, Plant & Equipment	-	2.84	32.65	-	-
Investment in Securities	-	104.39	-26.25	-	0.57
Contributions to Nuclear Demissioning Trust	-714.39	-756.81	-593.24	-564.91	-477.67
Other Investing Activities	693.17	722.25	574.24	527.12	459.86
Investing Cash Flow	-1,217	-1,174	-1,088	-950.35	-952.26
Short-Term Debt Issued	2,500	2,892	2,359	1,830	30.7
Long-Term Debt Issued	3,694	1,233	1,358	558	1,816
Total Debt Issued	6,193	4,125	3,717	2,388	1,847
Short-Term Debt Repaid	-2,928	-2,545	-2,329	-1,660	-
Long-Term Debt Repaid	-3,191	-819.53	-910	-179.5	-1,411
Total Debt Repaid	-6,118	-3,364	-3,239	-1,840	-1,411
Net Debt Issued (Repaid)	75.19	760.87	478	547.8	435.7
Issuance of Common Stock	842.74	98.6	198.18	-	-
Repurchase of Common Stock	-11.97	-8.46	-9.65	-7.98	-10.13
Common Dividends Paid	-162.85	-139.81	-126.18	-119.31	-112.44
Other Financing Activities	-100.59	-26.85	-3.25	-34.47	44.44
Financing Cash Flow	642.53	684.35	537.1	386.04	357.56
Net Cash Flow	9.87	18.14	-0.14	2.97	-46.82
Free Cash Flow	-611.43	-738.88	-524.64	-345.27	-387.14
Free Cash Flow Margin	-28.23%	-37.48%	-27.05%	-15.35%	-21.75%
Free Cash Flow Per Share	-5.97	-8.16	-6.07	-4.01	-4.50
Cash Interest Paid	234.16	207.97	155.27	118.49	91.28
Cash Income Tax Paid	2.35	-1	1.51	-1.01	1.04
Levered Free Cash Flow	-706.39	-837.92	-541.49	-413.35	-417.96
Unlevered Free Cash Flow	-536.36	-695.05	-422.19	-333.08	-357.08
Change in Working Capital	-93.56	-190.06	58.42	-59.14	-0.96

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q