PNM Resources (PNM) Revenue & Revenue Breakdown
PNM Resources Revenue Highlights
Latest Revenue (Y)
$1.94B
Latest Revenue (Q)
$488.10M
Main Segment (Y)
Electricity
PNM Resources Revenue by Period
PNM Resources Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.94B | -13.80% |
| 2022-12-31 | $2.25B | 26.39% |
| 2021-12-31 | $1.78B | 16.87% |
| 2020-12-31 | $1.52B | 4.49% |
| 2019-12-31 | $1.46B | 1.46% |
| 2018-12-31 | $1.44B | -0.58% |
| 2017-12-31 | $1.45B | 6.02% |
| 2016-12-31 | $1.36B | -5.29% |
| 2015-12-31 | $1.44B | 0.22% |
| 2014-12-31 | $1.44B | 3.45% |
| 2013-12-31 | $1.39B | 3.39% |
| 2012-12-31 | $1.34B | -21.06% |
| 2011-12-31 | $1.70B | 1.62% |
| 2010-12-31 | $1.67B | 1.56% |
| 2009-12-31 | $1.65B | -15.91% |
| 2008-12-31 | $1.96B | 2.38% |
| 2007-12-31 | $1.91B | -22.56% |
| 2006-12-31 | $2.47B | 19.01% |
| 2005-12-31 | $2.08B | 29.48% |
| 2004-12-31 | $1.60B | 10.18% |
| 2003-12-31 | $1.46B | 24.53% |
| 2002-12-31 | $1.17B | -50.30% |
| 2001-12-31 | $2.35B | 45.98% |
| 2000-12-31 | $1.61B | 39.19% |
| 1999-12-31 | $1.16B | 5.96% |
| 1998-12-31 | $1.09B | -3.77% |
| 1997-12-31 | $1.14B | 28.53% |
| 1996-12-31 | $883.30M | 9.25% |
| 1995-12-31 | $808.50M | -10.63% |
| 1994-12-31 | $904.70M | 3.52% |
| 1993-12-31 | $873.90M | - |
PNM Resources generated $1.94B in revenue during NA 2023, up -13.80% compared to the previous quarter, and up 134.98% compared to the same period a year ago.
PNM Resources Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $488.10M | 11.73% |
| 2024-03-31 | $436.88M | 6.01% |
| 2023-12-31 | $412.11M | -18.53% |
| 2023-09-30 | $505.85M | 6.01% |
| 2023-06-30 | $477.16M | -12.30% |
| 2023-03-31 | $544.08M | -5.51% |
| 2022-12-31 | $575.82M | -21.11% |
| 2022-09-30 | $729.89M | 46.06% |
| 2022-06-30 | $499.73M | 12.52% |
| 2022-03-31 | $444.12M | 2.31% |
| 2021-12-31 | $434.07M | -21.72% |
| 2021-09-30 | $554.55M | 30.01% |
| 2021-06-30 | $426.54M | 16.95% |
| 2021-03-31 | $364.71M | 1.51% |
| 2020-12-31 | $359.28M | -23.96% |
| 2020-09-30 | $472.46M | 32.10% |
| 2020-06-30 | $357.65M | 7.20% |
| 2020-03-31 | $333.62M | -3.06% |
| 2019-12-31 | $344.14M | -20.63% |
| 2019-09-30 | $433.59M | 31.30% |
| 2019-06-30 | $330.23M | -5.55% |
| 2019-03-31 | $349.64M | 1.71% |
| 2018-12-31 | $343.76M | -18.67% |
| 2018-09-30 | $422.67M | 19.97% |
| 2018-06-30 | $352.31M | 10.83% |
| 2018-03-31 | $317.88M | -4.43% |
| 2017-12-31 | $332.61M | -20.79% |
| 2017-09-30 | $419.90M | 15.89% |
| 2017-06-30 | $362.32M | 9.73% |
| 2017-03-31 | $330.18M | -1.80% |
| 2016-12-31 | $336.23M | -16.02% |
| 2016-09-30 | $400.37M | 26.95% |
| 2016-06-30 | $315.39M | 1.42% |
| 2016-03-31 | $310.96M | -7.42% |
| 2015-12-31 | $335.89M | -19.53% |
| 2015-09-30 | $417.43M | 18.29% |
| 2015-06-30 | $352.89M | 6.01% |
| 2015-03-31 | $332.87M | -4.03% |
| 2014-12-31 | $346.85M | -16.21% |
| 2014-09-30 | $413.95M | 19.58% |
| 2014-06-30 | $346.16M | 5.25% |
| 2014-03-31 | $328.90M | 1.85% |
| 2013-12-31 | $322.93M | -19.21% |
| 2013-09-30 | $399.73M | 15.00% |
| 2013-06-30 | $347.60M | 9.42% |
| 2013-03-31 | $317.67M | -1.58% |
| 2012-12-31 | $322.76M | -17.33% |
| 2012-09-30 | $390.41M | 20.55% |
| 2012-06-30 | $323.86M | 6.05% |
| 2012-03-31 | $305.37M | -12.22% |
| 2011-12-31 | $347.87M | -36.69% |
| 2011-09-30 | $549.50M | 32.22% |
| 2011-06-30 | $415.59M | 7.20% |
| 2011-03-31 | $387.66M | 1.84% |
| 2010-12-31 | $380.65M | -24.42% |
| 2010-09-30 | $503.65M | 24.11% |
| 2010-06-30 | $405.82M | 5.83% |
| 2010-03-31 | $383.46M | 0.11% |
| 2009-12-31 | $383.04M | -19.82% |
| 2009-09-30 | $477.73M | 19.10% |
| 2009-06-30 | $401.11M | 3.95% |
| 2009-03-31 | $385.87M | -5.34% |
| 2008-12-31 | $407.63M | -32.85% |
| 2008-09-30 | $607.08M | 4.61% |
| 2008-06-30 | $580.31M | 59.21% |
| 2008-03-31 | $364.50M | 623.08% |
| 2007-12-31 | $50.41M | - |
PNM Resources generated $488.10M in revenue during Q2 2024, up 11.73% compared to the previous quarter, and up 89.71% compared to the same period a year ago.
PNM Resources Revenue Breakdown
PNM Resources Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Miscellaneous Revenue From Contracts With Customers | $9.41M | $17.42M | $17.05M | $16.70M | - |
| Electric Transmission Service | $295.31M | $182.03M | $138.23M | $124.16M | - |
| Electricity | $1.94B | $187.95M | $158.80M | $158.07M | - |
| Wholesale Energy Sales | $248.80M | - | - | - | - |
PNM Resources's latest annual revenue breakdown by segment (product or service), as of Dec 23: Electricity (77.79%), Electric Transmission Service (11.85%), Wholesale Energy Sales (9.98%), and Miscellaneous Revenue From Contracts With Customers (0.38%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Electricity | $488.10M | $436.88M | $1.36B | $505.85M | $41.49M | $36.37M | $41.58M | $60.88M | $46.12M | $39.37M | $37.20M | $51.84M | $34.67M | $35.09M | $35.75M | $53.11M | $37.30M | $31.90M | - | - |
| Wholesale Energy Sales | $23.51M | $11.69M | $186.00M | $62.80M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Miscellaneous Revenue From Contracts With Customers | $2.35M | $2.38M | $6.92M | $2.49M | $13.54M | $4.12M | $4.97M | $4.45M | $4.44M | $4.53M | $3.99M | $4.35M | $4.62M | $4.04M | $4.04M | $4.45M | $4.35M | - | - | - |
| Electric Transmission Service | $75.45M | $71.96M | $222.86M | $72.45M | $73.39M | $64.98M | $60.05M | $52.26M | $50.53M | $40.61M | $38.62M | $34.41M | $37.31M | $34.34M | $32.18M | - | - | - | - | - |
| Public Authority Electric | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.58M |
| Residential Electric | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $188.46M |
| Other Electric | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $21.69M |
| Industrial Electric | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $26.36M |
| Electric Transmission Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $33.45M |
| Commercial Electric | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $152.74M |
PNM Resources's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Electricity (82.81%), Electric Transmission Service (12.80%), Wholesale Energy Sales (3.99%), and Miscellaneous Revenue From Contracts With Customers (0.40%).
PNM Resources Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| EBR | Centrais Elétricas Brasileiras S.A. - Eletrobrás | $37.16B | $8.72B |
| DTE | DTE Energy Company | $12.74B | $2.88B |
| ETR | Entergy | $12.15B | $2.95B |
| CNP | CenterPoint Energy | $8.70B | $1.91B |
| AEE | Ameren | $7.50B | $1.69B |
| CMS | CMS Energy | $7.46B | $1.61B |
| EVRG | Evergy | $5.49B | $1.33B |
| PNW | Pinnacle West Capital | $4.70B | $1.31B |
| LNT | Alliant Energy | $4.03B | $799.00M |
| POR | Portland General Electric Company | $2.92B | $758.00M |
| OGE | OGE Energy | $2.67B | $596.80M |
| PNM | PNM Resources | $1.94B | $488.10M |
| IDA | IDACORP | $1.77B | $451.04M |
| MGEE | MGE Energy | $690.43M | $191.34M |
PNM Revenue FAQ
What is PNM Resources’s yearly revenue?
PNM Resources's yearly revenue for 2023 was $1.94B, representing a decrease of -13.80% compared to 2022. The company's yearly revenue for 2022 was $2.25B, representing an increase of 26.39% compared to 2021. PNM's yearly revenue for 2021 was $1.78B, representing an increase of 16.87% compared to 2020.
What is PNM Resources’s quarterly revenue?
PNM Resources's quarterly revenue for Q2 2024 was $488.1M, a 11.73% increase from the previous quarter (Q1 2024), and a 2.29% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $436.88M, a 6.01% increase from the previous quarter (Q4 2023), and a -19.70% decrease year-over-year (Q1 2023). PNM's quarterly revenue for Q4 2023 was $412.11M, a -18.53% decrease from the previous quarter (Q3 2023), and a -28.43% decrease year-over-year (Q4 2022).
What is PNM Resources’s revenue growth rate?
PNM Resources's revenue growth rate for the last 3 years (2021-2023) was 8.95%, and for the last 5 years (2019-2023) was 33.04%.
What are PNM Resources’s revenue streams?
PNM Resources's revenue streams in c 23 are Miscellaneous Revenue From Contracts With Customers, Electric Transmission Service, Electricity, and Wholesale Energy Sales. Miscellaneous Revenue From Contracts With Customers generated $9.42M in revenue, accounting 0.38% of the company's total revenue, down -45.95% year-over-year. Electric Transmission Service generated $295.31M in revenue, accounting 11.85% of the company's total revenue, up 62.23% year-over-year. Electricity generated $1.94B in revenue, accounting 77.79% of the company's total revenue, up 931.76% year-over-year. Wholesale Energy Sales generated $248.8M in revenue, accounting 9.98% of the company's total revenue
What is PNM Resources’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of PNM Resources was Electricity. This segment made a revenue of $1.94B, representing 77.79% of the company's total revenue.