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PNM Resources Inc
NYSE:PNM

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PNM Resources Inc Logo
PNM Resources Inc
NYSE:PNM
Watchlist
Price: 43.25 USD -0.96% Market Closed
Market Cap: $3.9B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
+7%
5Y
+13%
10Y
+10%
Investing Cash Flow
+
3Y
-35%
5Y
-101%
10Y
-197%
Financing Cash Flow
+
3Y
+93%
5Y
+124%
10Y
-

Cash Flow Statement
PNM Resources Inc

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Cash Flow Statement
Currency: USD
Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024
Operating Cash Flow
Net Income
118
120
120
131
133
135
141
31
27
23
16
132
144
155
174
95
88
89
102
101
104
(11)
5
92
59
193
212
187
220
216
208
212
210
171
180
185
226
257
173
107
97
Depreciation & Amortization
208
208
208
210
213
215
218
223
226
231
235
242
249
257
264
268
270
273
275
276
282
287
293
301
305
309
309
315
316
317
320
320
326
332
337
341
344
345
348
354
370
Change in Deffered Taxes
59
57
58
73
75
75
79
17
15
13
4
64
67
73
89
131
121
104
74
8
8
(40)
(44)
(25)
(28)
19
22
20
24
28
32
31
31
24
20
25
32
39
20
(14)
(16)
Stock-Based Compensation
6
6
6
6
6
5
5
5
5
6
6
6
6
7
7
6
6
5
5
7
7
8
8
6
7
7
8
8
9
9
8
9
8
9
9
8
8
7
8
7
8
Other Non-Cash Items
5
6
8
(12)
(15)
(12)
(17)
155
150
154
172
1
(1)
(7)
(23)
2
9
14
17
83
71
213
215
121
168
3
(10)
(20)
(52)
(47)
(33)
(14)
10
66
82
76
44
(1)
(7)
46
34
Cash Taxes Paid
(96)
(3)
0
3
0
1
1
2
3
0
4
0
0
1
0
(1)
(1)
(0)
(0)
(1)
(1)
(4)
(5)
(3)
(3)
0
1
1
1
2
1
1
1
1
1
1
1
2
2
2
1
Cash Interest Paid
99
96
0
109
165
165
172
103
109
0
127
115
130
175
115
121
121
121
127
119
125
121
124
116
122
112
114
107
103
98
92
91
90
92
101
118
137
151
161
155
164
Change in Working Capital
74
(39)
8
13
(0)
(13)
4
(39)
(8)
(21)
(56)
(23)
(4)
16
6
28
(16)
(24)
(45)
(40)
(12)
17
(6)
15
(11)
(26)
(13)
(17)
(29)
(20)
(1)
(1)
1
(2)
(53)
(59)
(64)
(48)
18
58
28
Cash from Operating Activities
464
N/A
351
-25%
402
+15%
415
+3%
405
-2%
401
-1%
424
+6%
387
-9%
411
+6%
399
-3%
372
-7%
416
+12%
457
+10%
494
+8%
511
+3%
524
+2%
471
-10%
457
-3%
424
-7%
428
+1%
454
+6%
466
+3%
463
-1%
503
+9%
492
-2%
497
+1%
520
+5%
486
-7%
478
-2%
494
+3%
526
+6%
548
+4%
578
+5%
591
+2%
567
-4%
567
+0%
582
+3%
592
+2%
552
-7%
551
0%
512
-7%
Investing Cash Flow
Capital Expenditures
(358)
(355)
(408)
(461)
(477)
(533)
(579)
(559)
(737)
(704)
(650)
(600)
(436)
(452)
(451)
(501)
(503)
(515)
(513)
(501)
(526)
(549)
(581)
(616)
(615)
(667)
(667)
(679)
(711)
(670)
(680)
(935)
(973)
(1 076)
(1 142)
(913)
(967)
(974)
(1 018)
(1 076)
(1 101)
Other Items
15
16
(24)
(25)
(21)
(18)
18
14
(114)
(118)
(113)
(99)
24
33
27
34
25
62
49
26
17
(39)
(53)
(58)
(60)
(62)
(50)
(55)
(44)
(35)
(30)
(17)
(17)
(17)
(18)
(38)
(23)
(28)
(33)
(13)
79
Cash from Investing Activities
(344)
N/A
(339)
+1%
(432)
-27%
(485)
-12%
(498)
-3%
(551)
-11%
(561)
-2%
(545)
+3%
(851)
-56%
(822)
+3%
(762)
+7%
(699)
+8%
(413)
+41%
(419)
-2%
(424)
-1%
(466)
-10%
(479)
-3%
(453)
+5%
(464)
-2%
(476)
-3%
(508)
-7%
(588)
-16%
(634)
-8%
(674)
-6%
(675)
0%
(729)
-8%
(717)
+2%
(734)
-2%
(756)
-3%
(705)
+7%
(710)
-1%
(952)
-34%
(990)
-4%
(1 093)
-10%
(1 160)
-6%
(950)
+18%
(990)
-4%
(1 001)
-1%
(1 051)
-5%
(1 088)
-4%
(1 021)
+6%
Financing Cash Flow
Net Issuance of Common Stock
(10)
(10)
(10)
(10)
(12)
(12)
(12)
(12)
(9)
(8)
(9)
(8)
(12)
(12)
(12)
(12)
(12)
(12)
(12)
(12)
(10)
(9)
(9)
(9)
(13)
(12)
(12)
271
274
273
273
(10)
(8)
(8)
(8)
(8)
(10)
(10)
(10)
189
191
Net Issuance of Debt
(11)
55
115
186
280
239
233
276
421
519
469
336
53
20
49
61
133
132
165
165
350
238
265
287
140
355
335
137
107
59
40
436
474
573
625
548
602
580
675
478
400
Cash Paid for Dividends
(55)
(56)
(58)
(60)
(61)
(62)
(63)
(64)
(66)
(68)
(69)
(71)
(72)
(74)
(76)
(78)
(80)
(81)
(83)
(85)
(87)
(89)
(91)
(93)
(94)
(96)
(97)
(99)
(102)
(106)
(109)
(113)
(115)
(116)
(118)
(120)
(122)
(124)
(125)
(127)
(130)
Other
(23)
(22)
(22)
(20)
(20)
(20)
(23)
(24)
(25)
(23)
(20)
(15)
(14)
(12)
(13)
(30)
(32)
(40)
(39)
(23)
(23)
(19)
(9)
(13)
(14)
(17)
(18)
(18)
(10)
(0)
(1)
45
58
38
50
(34)
(63)
(33)
(40)
(3)
55
Cash from Financing Activities
(99)
N/A
(34)
+66%
25
N/A
96
+288%
188
+95%
144
-23%
135
-6%
175
+30%
322
+84%
421
+31%
371
-12%
242
-35%
(46)
N/A
(79)
-73%
(53)
+33%
(59)
-12%
9
N/A
(1)
N/A
32
N/A
46
+45%
231
+406%
121
-48%
156
+29%
172
+11%
19
-89%
230
+1 132%
208
-10%
292
+41%
268
-8%
226
-16%
203
-10%
358
+77%
409
+14%
487
+19%
549
+13%
386
-30%
407
+6%
414
+2%
501
+21%
537
+7%
517
-4%
Change in Cash
Net Change in Cash
22
N/A
(23)
N/A
(5)
+77%
26
N/A
95
+269%
(6)
N/A
(1)
+77%
18
N/A
(119)
N/A
(1)
+99%
(19)
-1 279%
(42)
-115%
(2)
+96%
(4)
-153%
35
N/A
(2)
N/A
1
N/A
3
+460%
(8)
N/A
(2)
+77%
176
N/A
(1)
N/A
(15)
-2 383%
2
N/A
(164)
N/A
(2)
+99%
11
N/A
44
+308%
(9)
N/A
16
N/A
19
+19%
(47)
N/A
(3)
+93%
(15)
-377%
(44)
-193%
3
N/A
(0)
N/A
4
N/A
2
-48%
(0)
N/A
8
N/A
Free Cash Flow
Free Cash Flow
106
N/A
(5)
N/A
(6)
-16%
(46)
-704%
(72)
-57%
(132)
-84%
(155)
-17%
(172)
-11%
(326)
-90%
(305)
+7%
(277)
+9%
(185)
+33%
20
N/A
42
+104%
60
+43%
23
-62%
(33)
N/A
(58)
-79%
(89)
-52%
(73)
+18%
(72)
+2%
(83)
-15%
(118)
-43%
(113)
+4%
(122)
-8%
(170)
-39%
(147)
+14%
(193)
-32%
(233)
-20%
(176)
+24%
(154)
+13%
(387)
-152%
(395)
-2%
(485)
-23%
(575)
-19%
(345)
+40%
(385)
-11%
(382)
+1%
(465)
-22%
(525)
-13%
(588)
-12%

See Also

Summary
PNM intrinsic value, competitors valuation, and company profile.
DCF Valuation
PNM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
PNM stock valuation using valuation multiples.
Wall Street Estimates
PNM price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
PNM stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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