All three tenses have at least two readings, so the archetype blend applies as printed.
All nine metrics read as filed from the record.
What did they actually do?
Has it survived what it has been through?
4 warning events since 2017; the latest 2025-05-27.
From the record
TXNM Energy, Inc.'s filings since 2017 show 4 warning events: a debt default or acceleration notice (8-K item 2.04, 4 times, the latest 2025-05-27) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+5.3% a year over 10 filed years; profitable in 10 of 10.
From the record
TXNM Energy, Inc.'s 10 filed years say what it did: revenue went from $1.4 billion in fiscal 2016 to $2.2 billion in fiscal 2025, up 5.3% a year; it rose in 7 of 9 years; the deepest fall was 14% from fiscal 2022 to fiscal 2023; net income was positive in 10 of 10 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
Share count grew 5.9% a year. 28% of cash flow returned. Insiders: 1 sales, 0 purchases.
From the record
Over the 3 fiscal years to 2025-12-31, TXNM Energy, Inc.'s diluted share count grew about 5.9% a year, and dividends and buybacks returned about 28% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they doing right now?
Is it financially healthy right now?
ROE 5%: 5¢ of profit per shareholder dollar. Leverage 71%: owes 71¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, TXNM Energy, Inc. earned about 5 cents of profit for every dollar of shareholders' money. Leverage: it owed about 71 cents per dollar of assets, and net share issuance: its share count grew 13.0% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
bottom 31% of 52 in its family; net margin 7.8%.
From the record
TXNM Energy, Inc.'s standing among 52 graded names in its industry family: revenue of $2.2 billion in fiscal 2025 ranks in the bottom 35% by size; a net margin of 7.8% ranks in the bottom 39%; revenue growth of -1.3% a year over the last 3 filed years ranks in the bottom 18% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
bottom 35% of 30 in its family for leadership; chief executive since 2025.
From the record
TXNM Energy, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Tarry, Joseph Don (President and CEO, as filed), filing under that title since 2025-12-02, 11 months (bottom 13% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 7.8 years (top 18%); 12 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (bottom 9%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they set up to do next?
How much room does it have to grow?
bottom 14% of 47 in its family for room to expand.
From the record
TXNM Energy, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $18 million against debt of $5.1 billion leaves -42.3% of its assets as net cash, bottom 15% of its family; cash from operations less capital spending is -28.2% of revenue (bottom 14%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
bottom 42% of 51 in its family for growth drivers.
From the record
TXNM Energy, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -1.3% a year over the last three filed years against 5.3% over all 10, slowing (bottom 23% of its family); the newest year grew 9.9% (top 30%); capital spending grew 9.4% a year (bottom 35%) (its annual reports). TXNM Energy, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
bottom 49% of 49 in its family for expectations against reality.
From the record
TXNM Energy, Inc.'s newest year against its own record: revenue of $2.2 billion in fiscal 2025 came in 17.4% above the $1.8 billion its prior three years' pace pointed to (top 7% of its family); net income of $170 million against a prior three-year average of $184 million (bottom 26%); a net margin of 7.8% against 9% before (bottom 30%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made