---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-25-000006"
form_type: "8-K"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2025-02-21T23:59:59+00:00"
generated_at: "2026-05-26T06:46:38.544337+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TXNM Energy reports 2024 ongoing EPS of $2.74, introduces 2025 guidance, raises long-term growth target to 7%-9%

## Summary
- 2024 GAAP diluted EPS $2.67; ongoing diluted EPS $2.74, achieving narrowed guidance for high end.
- 2025 ongoing EPS guidance $2.74–$2.84; five-year capital plan raised to $7.8B, a 26% increase.
- Long-term EPS growth target increased to 7%–9% from prior plan; regulated rate base to grow 12%.
- PNM ongoing EPS $2.16 (down from $2.22); TNMP ongoing EPS $1.15 (up from $1.11).
- 2023 GAAP EPS was $1.02 due to $242M regulatory disallowances; ongoing was $2.82.

## SEC filing metadata
- accession: 0001108426-25-000006
- form_type: 8-K
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2025-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108426/000110842625000006/0001108426-25-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22767/000110842625000006/pnm-20250221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-25-000006
- JSON: https://secwatch.observer/filing/0001108426-25-000006.json
- Plain text: https://secwatch.observer/filing/0001108426-25-000006.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.