Is TXNM ENERGY INC (TXNM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 89.0% / 30% | 0.3% / 30% | 4.4% / 30% | 0.93% / 5% | ✗ NOT HALAL |
| DJIM | 89.0% / 33% | 0.3% / 33% | 4.4% / 33% | 0.93% / 5% | ✗ NOT HALAL |
| MSCI | 47.3% / 33% | 0.2% / 33% | 2.3% / 33% | 0.93% / 5% | ✗ NOT HALAL |
| S&P | 89.0% / 33% | 0.3% / 33% | 4.4% / 33% | 0.93% / 5% | ✗ NOT HALAL |
| FTSE | 47.3% / 33% | 0.2% / 33% | 2.3% / 50% | 0.93% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 57.7% | |
| Operating Margin | 6.6% | |
| Net Margin | 7.0% | |
| Return on Equity (ROE) | 5.6% | |
| Return on Assets (ROA) | 2.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $584M |
| Free Cash Flow | -$611M |
| Total Debt | $5.7B |
| Debt-to-Equity | 166.0 |
| Current Ratio | 0.6 |
| Total Assets | $12.1B |
Price & Trading
| Last Close | $58.25 |
| 50-Day MA | $58.92 |
| 200-Day MA | $57.69 |
| Avg Volume | 1.1M |
| Beta | 0.2 |
|
52-Week Range
$47.69
| |
About TXNM ENERGY INC (TXNM)
TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. The company engages in the generation, transmission, and distribution of electricity for retail electric customers; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate. It also provides regulated transmission and distribution services in Texas, as well as owns and leases vehicles, service facilities, and office locations throughout its service territory. It serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. The company was formerly known as PNM Resources, Inc and changed its name to TXNM Energy, Inc. in August 2024. TXNM Energy, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.
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Frequently Asked Questions
Is TXNM ENERGY INC (TXNM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TXNM ENERGY INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is TXNM ENERGY INC's debt ratio?
TXNM ENERGY INC's debt ratio is 89.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 47.3%.
What are TXNM ENERGY INC's key financial metrics?
TXNM ENERGY INC has a market capitalization of $6.4B, trailing P/E ratio of 39.4, and revenue of $2.2B. The company maintains a gross margin of 57.7% and a net margin of 7.0%. Return on equity stands at 5.6%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.