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Condensed Consolidated Balance Sheets - TNMP - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 22,170 $ 4,498
Accounts receivable 146,444 130,351
Unbilled revenues 81,989 69,176
Other receivables 46,981 37,236
Materials and supplies 171,174 166,861
Regulatory assets 41,891 41,492
Total current assets 573,727 498,836
Other Property and Investments:    
Other investments 246 259
Non-utility property, net 32,218 28,832
Total other property and investments 519,497 504,615
Utility Plant:    
Plant in service and plant held for future use 10,965,483 10,697,774
Less accumulated depreciation and amortization 2,904,763 2,829,296
Net plant in service and plant held for future use 8,060,720 7,868,478
Construction work in progress 677,897 495,976
Net utility plant 8,815,504 8,437,008
Deferred Charges and Other Assets:    
Regulatory assets 953,795 962,003
Goodwill 278,297 278,297
Operating lease right-of-use assets, net of accumulated amortization 265,919 272,894
Other deferred charges 268,525 258,080
Total deferred charges and other assets 1,766,536 1,771,274
Total assets 11,675,264 11,211,733
Current Liabilities:    
Short-term debt 345,700 609,300
Accounts payable 147,646 204,468
Accrued interest and taxes 86,970 104,756
Regulatory liabilities 21,787 34,173
Operating lease liabilities 13,640 14,293
Other current liabilities 81,313 84,998
Total current liabilities 1,120,398 1,775,098
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 4,782,536 4,311,765
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 918,217 899,392
Regulatory liabilities 751,467 748,738
Asset retirement obligations 246,647 244,618
Accrued pension liability and postretirement benefit cost 18,211 23,065
Operating lease liabilities 245,847 255,376
Other deferred credits 363,618 358,867
Total deferred credits and other liabilities 2,544,007 2,530,056
Total liabilities 8,446,941 8,616,919
Commitments and Contingencies (Note 11)
Common Stockholder’s Equity:    
Common stock ($10 par value; 12,000,000 shares authorized; issued and outstanding 6,358 shares) 2,366,770 1,724,444
Retained earnings 879,388 887,649
Total TXNM common stockholders’ equity 3,170,765 2,536,385
Total liabilities and stockholders' equity 11,675,264 11,211,733
Texas-New Mexico Power Company    
Current Assets:    
Cash and cash equivalents 16,000 233
Unbilled revenues 20,795 16,193
Other receivables 17,894 15,144
Materials and supplies 28,290 24,351
Regulatory assets 8,971 5,268
Prepaid and other current assets 10,226 4,908
Total current assets 141,873 100,516
Other Property and Investments:    
Other investments 0 75
Non-utility property, net 16,146 13,137
Total other property and investments 16,146 13,212
Utility Plant:    
Plant in service and plant held for future use 3,795,571 3,635,550
Less accumulated depreciation and amortization 651,123 616,741
Net plant in service and plant held for future use 3,144,448 3,018,809
Construction work in progress 268,957 165,527
Net utility plant 3,413,405 3,184,336
Deferred Charges and Other Assets:    
Regulatory assets 108,165 104,693
Goodwill 226,665 226,665
Operating lease right-of-use assets, net of accumulated amortization 388 923
Other deferred charges 16,700 18,780
Total deferred charges and other assets 351,918 351,061
Total assets 3,923,342 3,649,125
Current Liabilities:    
Short-term debt 0 151,600
Accrued interest and taxes 32,793 56,740
Regulatory liabilities 0 602
Operating lease liabilities 348 713
Other current liabilities 9,535 6,964
Total current liabilities 91,605 291,074
Long-term Debt, net of Unamortized Premiums, Discounts, and Debt Issuance Costs 1,604,722 1,464,079
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 219,653 208,107
Regulatory liabilities 249,224 230,037
Asset retirement obligations 995 955
Accrued pension liability and postretirement benefit cost 604 998
Operating lease liabilities 31 167
Other deferred credits 98,068 88,519
Total deferred credits and other liabilities 568,575 528,783
Total liabilities 2,264,902 2,283,936
Commitments and Contingencies (Note 11)
Common Stockholder’s Equity:    
Common stock ($10 par value; 12,000,000 shares authorized; issued and outstanding 6,358 shares) 64 64
Paid-in-capital 1,120,066 870,066
Retained earnings 538,310 495,059
Total TXNM common stockholders’ equity 1,658,440 1,365,189
Total liabilities and stockholders' equity 3,923,342 3,649,125
Texas-New Mexico Power Company | Nonrelated Party    
Current Assets:    
Accounts receivable 39,697 34,419
Current Liabilities:    
Accounts payable 30,515 67,116
Texas-New Mexico Power Company | Related Party    
Current Liabilities:    
Accounts payable $ 18,414 $ 7,339