TXNM FY2025 SEC EDGAR DEF 14A #50 of 58 in industry

Txnm Energy Inc CEO pay ratio

The CEO earned $5.2M in FY2025 against median worker pay of $148,703 · Electric, Gas & Sanitary Services.

Electric, Gas & Sanitary Services peers All rankings
State
NM
Filing date
2026-04-28
Industry
Electric, Gas & Sanitary Services
Industry rank
#50/58

Data updated August 2026

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CEO-to-worker pay ratio
35:1
Below Average (Scale: 0–1000:1)
CEO pay
$5.2M
Median worker
$148,703

Answer first

Txnm Energy Inc's FY2025 CEO total of $5.2M ranks #913 of 1,423 complete filings; its 35:1 pay ratio ranks #1098. Dollar rank is not ratio rank.

According to the same FY2025 complete-filing cohort used on the rankings boards (CEO total, median worker, and ratio all present). Median worker pay is $148,703. Industry placement uses the FY2025 SIC-49 peer cohort (# 50 of 58, 16th percentile - among the lower quartile of industry peers by pay ratio). Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Electric, Gas & Sanitary Services companies.

Dollar rank
#913
$5.2M of 1,423 FY2025
Ratio rank
#1098
35:1 of 1,423
Industry pct
16th
among the lower quartile of industry peers by pay ratio

How Txnm Energy Inc ranks nationally

Txnm Energy Inc CEO pay vs. every FY2025 complete filing

Total CEO compensation, the full national distribution, this company marked

$5,204,605 36th percentile higher than 36% of 1,423 companies

$0–$2,500,000: 304 companies (21%). Below this entry. $2,500,000–$5,000,000: 182 companies (13%). Below this entry. $5,000,000–$7,500,000: 208 companies (15%). This entry sits in this band. $7,500,000–$10,000,000: 192 companies (13%). Above this entry. $10,000,000–$12,500,000: 139 companies (10%). Above this entry. $12,500,000–$15,000,000: 91 companies (6%). Above this entry. $15,000,000–$17,500,000: 88 companies (6%). Above this entry. $17,500,000–$20,000,000: 54 companies (4%). Above this entry. $20,000,000–$22,500,000: 24 companies (2%). Above this entry. $22,500,000–$25,000,000: 34 companies (2%). Above this entry. $25,000,000–$27,500,000: 24 companies (2%). Above this entry. $27,500,000–$30,000,000: 16 companies (1%). Above this entry. $30,000,000–$32,500,000: 10 companies (1%). Above this entry. $32,500,000–$35,000,000: 7 companies (0%). Above this entry. $35,000,000–$37,500,000: 9 companies (1%). Above this entry. $37,500,000–$40,000,000: 6 companies (0%). Above this entry. $40,000,000–$42,500,000: 1 companies (0%). Above this entry. $42,500,000–$45,000,000: 1 companies (0%). Above this entry. $45,000,000–$47,500,000: 6 companies (0%). Above this entry. $47,500,000–$50,000,000: 27 companies (2%). Above this entry. This company $0 $50M+ every complete-filing company, bucketed by value

Each bar is a $2500K-wide band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source SEC DEF 14A Section 953(b) disclosures, PlainCEOPay extract · FY2025

Txnm Energy Inc vs. Electric, Gas & Sanitary Services peers

CEO total pay ($5.2M) against pay ratio (35:1) for Txnm Energy Inc (marked) and its 4 closest same-industry peers, against the Electric, Gas & Sanitary Services industry median on both axes.

Pay + gap both highContained pay, wide gapHigh pay, contained gapBelow peer norms on both02395012.14790024.27185036.29580048.328.6:141.9:155.3:168.6:181.9:1CEO total payPay ratio (CEO : median worker)Txnm Energy Inc, CEO total pay: 5204605 · Pay ratio (CEO : median worker): 35:1Txnm Energy IncKinetik Holdings Inc., CEO total pay: 6156243 · Pay ratio (CEO : median worker): 39:1Kinetik Holdings Inc.Hawaiian Electric Industries Inc, CEO total pay: 144503 · Pay ratio (CEO : median worker): 31:1Hawaiian Electric Industries IncPinnacle West Capital Corp, CEO total pay: 7649334 · Pay ratio (CEO : median worker): 42:1Pinnacle West Capital CorpIdacorp Inc, CEO total pay: 125674 · Pay ratio (CEO : median worker): 43:1Idacorp Inc
Txnm Energy Inc vs. Electric, Gas & Sanitary Services peers, plotted against the industry's $9.1M median CEO total and 80:1 median pay ratio.

Ratio bands among Electric, Gas & Sanitary Services peers

Exclusive CEO-to-median-worker bands across 51 complete latest-FY filings in SIC 49. Segments sum to the peer set, not this company's compensation pillar.

CEO Compensation Breakdown, FY2025

A component-level pay breakdown is not reported in Txnm Energy Inc's structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · Txnm Energy Inc

Complete DEF 14A pay-ratio filings for this CIK across FY2022–2025. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
35:1
FY2025
vs prior FY
-4:1
from FY2024 39:1
CEO $ YoY
-6.8%
$5.2M latest
Filings shown
4
FY2022–2025
Txnm Energy Inc CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2022 $6.7M - $142,121 47:1 -
2023 $7.7M +15% $132,160 58:1 +11:1
2024 $5.6M -27% $143,214 39:1 -19:1
2025 $5.2M -6.8% $148,703 35:1 -4:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 1108426, FY2022–2025. Adjacent-year deltas only.

Industry Comparison - Electric, Gas & Sanitary Services

This Company's Ratio
35:1
Industry Median Ratio
80:1
Industry Median CEO Pay
$9.1M
This CEO's Pay
$5.2M
Companies in Industry
58
vs. Industry Median
Below
#50 of 58 by pay ratio in this industry View all companies in Electric, Gas & Sanitary Services →

Txnm Energy Inc: MODEST · MID$ pay ratio

Txnm Energy Inc's FY2025 ratio 35:1 ranks #50 of 58 Electric, Gas & Sanitary Services filers (16th percentile). the CEO earned 35× the median employee ($148,703) in FY2025.

Median employee $148,703 (ELITE-MED); MODEST · MID$ stamps put about 35 median-wage years per CEO year.

CEO Total Pay

$5.2M

FY2025 Summary Compensation, below median

Pay Ratio

35:1

Below typical

Txnm Energy Inc in the lower Electric, Gas & Sanitary Services third

Txnm Energy Inc's FY2025 ratio 35:1 ranks #50 of 58 Electric, Gas & Sanitary Services filers (16th percentile). The structured pay-ratio disclosure reports the total without line-item components. Electric, Gas & Sanitary Services (SIC 49) median ratio is 80:1 across 58 FY2025 filers; Txnm Energy Inc's $5.2M CEO total is at or below the $9.1M industry median CEO pay.

Dollar rank #913 and ratio rank #1098 split - treat 35:1 as a disclosure, not a fairness score. Open Electric, Gas & Sanitary Services peers.

Key Data, FY2025

Total Compensation
$5.2M
Median Employee Pay
$148,703
Pay Ratio
35:1
Filing Date
2026-04-28

Company Info

Ticker
TXNM
CIK
1108426
Industry
Electric, Gas & Sanitary Services
SIC Code
4911
State
NM
View SEC filings →
SEC EDGAR DEF 14A for CIK 1108426, FY2025. Informational only, not investment advice. Verify on EDGAR.

Read our methodology - how this data is sourced, computed, and verified. Txnm Energy Inc's FY2025 ratio 35:1 ranks #50 of 58 Electric, Gas & Sanitary Services filers (16th percentile).

Read with Txnm Energy Inc

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps MODEST · MID$ · ELITE-MED.

Purple Innovation, Inc. · MID$

ABS(ceo_total_comp) peer at $5.2M (Δ $2K lighter vs Txnm Energy Inc); MODEST · HIGH-MED vs this page's MODEST · MID$ · ELITE-MED.
National Vision Holdings, Inc. · MID$

ABS(ceo_total_comp) peer at $5.2M (Δ $16K lighter vs Txnm Energy Inc); STEEP · LOW-MED vs this page's MODEST · MID$ · ELITE-MED.
Driven Brands Holdings Inc. · MID$

ABS(ceo_total_comp) peer at $5.2M (Δ $16K lighter vs Txnm Energy Inc); MID · PAR-MED vs this page's MODEST · MID$ · ELITE-MED.
Photronics Inc · MID$

ABS(ceo_total_comp) peer at $5.2M (Δ $18K lighter vs Txnm Energy Inc); MID · PAR-MED vs this page's MODEST · MID$ · ELITE-MED.
Kinetik Holdings Inc. (SIC 49 pole)

Kinetik Holdings Inc. stamps MODEST · HEAVY nearest in-SIC by ABS(pay_ratio) to Txnm Energy Inc's MODEST filing.
National dual ranks · #913/#1098

Txnm Energy Inc's FY2025 package sits #913 by CEO dollars and #1098 by ratio under MID$ · MODEST.
Ratio primer · MODEST

Txnm Energy Inc's MODEST stamp sits in the lower Item 402(u) band - start with how the ratio is disclosed before comparing peers.
Data sourced from SEC EDGAR DEF 14A for Txnm Energy Inc (CIK 1108426), FY2025. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.