PNM Resources Revenue, Growth & Competitor Profile

Company Profile & Annual Report for PNM Resources

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PNM Resources Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	2211 Electric Power Generation, Transmission & Distribution
Address	414 Silver Avenue Sw Albuquerque, NM 87102

PNM Resources's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • PNM Resources's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • PNM Resources is classified as operating in the Electric Power Generation, Transmission & Distribution industry, NAICS Code 2211.

PNM Resources is a publicly traded company on NYQ using the ticker symbol PNM. Detailed information on company financials and operating reports can be found here: NYQ: PNM

PNM Resources Annual Revenue and Growth Rate

PNM Resources	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: PNM Resources's revenues are gauged from an analysis of company filings.

Trademark Applications

Trademark applications show the products and services that PNM Resources is developing and marketing. PNM Resources doesn't have any recent trademark applications, indicating PNM Resources is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
PNM RENEWABLE RECAP Generation of renewable energy	01/23/2019
PNM SOLAR DIRECT Utility operations in the nature of electricity distribution generated from solar power	11/19/2018
PNM RESOURCES Generation of power	05/12/2005

See all trademarks and details in the Full Report.

Market Share of PNM Resources's Largest Competitors

A competitive analysis shows these companies are in the same general field as PNM Resources, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
CONSTELLATION ENERGY GENERATION	Kennett Square, PA	100
NATIONAL RURAL ELECTRIC COOPERATIVE ASSN	Arlington, VA	41
DUKE ENERGY	Charlotte, NC	16
SOUTHERN COMPANY SERVICES	Atlanta, GA	16
PACIFIC GAS & ELECTRIC	Oakland, CA	15
EXELON	Chicago, IL	13
NEXTERA ENERGY SERVICES DELAWARE	Juno Beach, FL	12
MIDAMERICAN ENERGY SERVICES	Des Moines, IA	11
BERKSHIRE HATHAWAY ENERGY	Des Moines, IA	11

Nearby Competitors

These companies are similar in business line and location to PNM Resources. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
PNM RESOURCES	Albuquerque, NM	100
TEXAS-NEW MEXICO POWER	Albuquerque, NM	7
AFFORDABLE SOLAR INSTALLATION	Albuquerque, NM	6
OSCEOLA ENERGY	Albuquerque, NM	0
OSCEOLA	Albuquerque, NM	0
ITZ ELECTRIC	Albuquerque, NM	0

Future Competition: PNM Resources's Fastest Growing Competitors

These companies are in the same general field as PNM Resources and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)