PNM Resources, Inc.

As of June 30, 2024, PNM Resources, Inc. has 90.20M shares outstanding.

As of June 30, 2024, PNM Resources, Inc. trades at a trailing price-to-earnings ratio of 39.45. The price-to-sales ratio is 1.77, and the price-to-book ratio stands at 1.32.

As of June 30, 2024, PNM Resources, Inc. trades at an EV/EBITDA multiple of 12.64 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 4.70 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 28.97 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. PNM Resources, Inc. trades at an EV/FCF ratio of 4.45, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

As of June 30, 2024, PNM Resources, Inc. maintains a current ratio of 0.47, meaning it holds 0.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 216.57, indicating elevated leverage, while an interest coverage ratio of 3.21 demonstrates adequate ability to service its debt obligations.

Over the twelve months ended June 30, 2024, PNM Resources, Inc. posted a return on equity (ROE) of 3.45, showing how much profit the company earns on every dollar of shareholder capital. Return on assets (ROA) stands at 0.82, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 3.63, useful for judging operating efficiency across full business cycles. Inventory turnover of 7.81 indicates how many times PNM Resources, Inc. sells and replaces its inventory over a year, a key working capital efficiency ratio.

These figures cover the twelve months ended June 30, 2024. That works out to an effective tax rate of 14.72, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

Over the twelve months ended June 30, 2024, PNM Resources, Inc. posted a gross margin of 58.46, reflecting its pricing power and cost economics. The operating margin of 16.22 and net profit margin of 4.52 provide insight into operational efficiency.

These figures cover the twelve months ended June 30, 2024. The dividend payout ratio of 115.42 exceeds 100%, meaning the company is distributing more than it earns and funding the dividend from cash reserves, asset sales, or borrowing, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 48.97, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -17.52, meaning PNM Resources, Inc. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

PNM Resources, Inc.'s most recent stock split took place on June 14, 2004 with a 2:3 split ratio.

As of June 30, 2024, PNM Resources, Inc. has an Altman Z-Score of 0.56, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.