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 |
|---|---|---|---|---|---|
| Electric Transmission Service | $295.31M | $182.03M | $138.23M | $124.16M | - |
| Wholesale Energy Sales | $248.80M | - | - | - | - |
| Miscellaneous Revenue From Contracts With Customers | $9.41M | $17.42M | $17.05M | $16.70M | - |
| Electricity | $1.94B | $187.95M | $158.80M | $158.07M | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | - | - | - | - | - |
| 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 | - | - |
| Residential Electric | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $188.46M |
| Commercial Electric | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $152.74M |
| Electric Transmission Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $33.45M |
| Industrial Electric | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $26.36M |
| Public Authority Electric | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $7.58M |
| Other Electric | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $21.69M |
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 | $2.91B |
| ETR | Entergy | $12.15B | $3.39B |
| CNP | CenterPoint Energy | $8.70B | $1.86B |
| AEE | Ameren | $7.50B | $1.69B |
| CMS | CMS Energy | $7.46B | $1.74B |
| EVRG | Evergy | $5.49B | $1.33B |
| PNW | Pinnacle West Capital | $4.70B | $1.31B |
| LNT | Alliant Energy | $4.03B | $1.01B |
| POR | Portland General Electric Company | $2.92B | $942.00M |
| OGE | OGE Energy | $2.67B | $596.80M |
| PNM | PNM Resources | $1.94B | $488.10M |
| IDA | IDACORP | $1.77B | $528.53M |
| 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 Electric Transmission Service, Wholesale Energy Sales, Miscellaneous Revenue From Contracts With Customers, and Electricity. Electric Transmission Service generated $295.31M in revenue, accounting 11.85% of the company's total revenue, up 62.23% year-over-year. Wholesale Energy Sales generated $248.8M in revenue, accounting 9.98% of the company's total revenue 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. Electricity generated $1.94B in revenue, accounting 77.79% of the company's total revenue, up 931.76% year-over-year.
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.