PNM Resources (PNM) Enterprise Value
Price: $41.77
Market Cap: $3.77B
Avg Volume: 693.90K
Market Cap: $3.77B
Avg Volume: 693.90K
Country: US
Industry: Regulated Electric
Sector: Utilities
Industry: Regulated Electric
Sector: Utilities
Enterprise Value Summary (Quarterly)
According to PNM Resources's latest quarterly financial reports:
- The enterprise value (EV) is 8.64B, which includes the market capitalization, debt, and subtracts cash and cash equivalents. EV provides a more comprehensive measure of a company's total value.
- The market capitalization is 4.46B, which is calculated by multiplying the current share price by the total number of outstanding shares.
- The stock price is $36.29, with 90.50M shares outstanding.
- The company has 3.23M in cash and cash equivalents and 5.36B in total debt.
Enterprise Value (EV) Formula:
EV = Market Cap + Total Debt - Cash and Cash Equivalents
Enterprise value is often used instead of market cap because it provides a more accurate valuation of a company by including debt and subtracting cash, giving a fuller picture of the company's total value.
Enterprise Value
$8.64B
Market Cap
$3.28B
Total Debt
$5.36B
Cash and Equivalents
$3.23M
Historical Enterprise Value
PNM Resources Historical Enterprise Values
The table below shows various enterprise value metrics for each quarter, with the latest data available for 2024-06-30.
| Date | Enterprise Value | EV Change (%) | Stock Price | Number of Shares | Market Cap | Cash & Equivalents | Total Debt |
|---|---|---|---|---|---|---|---|
| June 30, 2024 | $8.64B | 2.07% | $36.29 | 90.50M | $3.28B | $3.23M | $5.36B |
| March 31, 2024 | $8.46B | -0.79% | $37.37 | 90.48M | $3.38B | $2.99M | $5.09B |
| December 31, 2023 | $8.53B | -3.32% | $41.6 | 85.83M | $3.57B | $2.21M | $4.96B |
| September 30, 2023 | $8.82B | 2.67% | $44.61 | 86.09M | $3.84B | $7.77M | $4.99B |
| June 30, 2023 | $8.59B | 33.28% | $45.1 | 86.08M | $3.88B | $7.64M | $4.72B |
| March 31, 2023 | $6.45B | -24.61% | $48.68 | 86.10M | $4.19B | $3.08M | $2.26B |
| December 31, 2022 | $8.55B | 5.20% | $48.79 | 85.83M | $4.19B | $4.08M | $4.37B |
| September 30, 2022 | $8.13B | -1.82% | $45.73 | 86.10M | $3.94B | $5.62M | $4.20B |
| June 30, 2022 | $8.28B | 2.75% | $47.78 | 86.19M | $4.12B | $3.48M | $4.17B |
| March 31, 2022 | $8.06B | 3.89% | $47.67 | 86.09M | $4.10B | $4.39M | $3.96B |
| December 31, 2021 | $7.76B | -0.62% | $45.61 | 85.83M | $3.91B | $1.10M | $3.84B |
| September 30, 2021 | $7.81B | 0.10% | $49.48 | 86.07M | $4.26B | $49.48M | $3.60B |
| June 30, 2021 | $7.80B | 0.96% | $48.77 | 86.07M | $4.20B | $18.46M | $3.62B |
| March 31, 2021 | $7.73B | 6.18% | $49.05 | 86.03M | $4.22B | $7.52M | $3.51B |
| December 31, 2020 | $7.28B | 6.17% | $48.53 | 80.11M | $3.89B | $47.93M | $3.44B |
| September 30, 2020 | $6.85B | 2.99% | $41.33 | 79.87M | $3.30B | $30.89M | $3.58B |
| June 30, 2020 | $6.65B | 3.11% | $38.44 | 79.84M | $3.07B | $2.82M | $3.59B |
| March 31, 2020 | $6.45B | -12.55% | $38 | 79.87M | $3.04B | $16.25M | $3.43B |
| December 31, 2019 | $7.38B | -0.56% | $50.71 | 79.97M | $4.06B | $3.83M | $3.33B |
| September 30, 2019 | $7.42B | 1.36% | $52.08 | 79.95M | $4.16B | $20.09M | $3.28B |
| June 30, 2019 | $7.32B | 6.54% | $50.89 | 79.91M | $4.07B | $4.23M | $3.26B |
| March 31, 2019 | $6.87B | 11.07% | $46.72 | 79.89M | $3.73B | $180.09M | $3.32B |
| December 31, 2018 | $6.19B | 4.19% | $41.09 | 79.89M | $3.28B | $2.12M | $2.91B |
| September 30, 2018 | $5.94B | -0.68% | $38.76 | 79.87M | $3.10B | $34.96M | $2.88B |
| June 30, 2018 | $5.98B | 1.83% | $38.9 | 79.86M | $3.11B | $4.89M | $2.88B |
| March 31, 2018 | $5.87B | -1.00% | $38.25 | 79.86M | $3.05B | $3.78M | $2.82B |
| December 31, 2017 | $5.93B | 0.64% | $40.45 | 78.89M | $3.19B | $3.97M | $2.74B |
| September 30, 2017 | $5.89B | 1.58% | $40.3 | 79.94M | $3.22B | $43.15M | $2.71B |
| June 30, 2017 | $5.80B | 2.92% | $38.25 | 79.91M | $3.06B | $2.19M | $2.75B |
| March 31, 2017 | $5.64B | 4.22% | $37 | 79.77M | $2.95B | $2.28M | $2.69B |
| December 31, 2016 | $5.41B | 2.53% | $34.3 | 79.68M | $2.73B | $4.52M | $2.68B |
| September 30, 2016 | $5.28B | -4.90% | $32.72 | 80.03M | $2.62B | $7.68M | $2.66B |
| June 30, 2016 | $5.55B | 3.41% | $35.44 | 79.75M | $2.83B | $4.94M | $2.73B |
| March 31, 2016 | $5.36B | 13.29% | $33.72 | 81.12M | $2.74B | $3.87M | $2.63B |
| December 31, 2015 | $4.73B | 7.17% | $30.57 | 79.77M | $2.44B | $46.05M | $2.34B |
| September 30, 2015 | $4.42B | 5.84% | $28.05 | 79.75M | $2.24B | $26.93M | $2.21B |
| June 30, 2015 | $4.17B | -5.81% | $24.6 | 79.75M | $1.96B | $6.40M | $2.22B |
| March 31, 2015 | $4.43B | 0.36% | $29.2 | 79.77M | $2.33B | $122.39M | $2.23B |
| December 31, 2014 | $4.42B | 12.26% | $29.63 | 79.77M | $2.36B | $28.27M | $2.08B |
| September 30, 2014 | $3.93B | -8.68% | $24.91 | 79.77M | $1.99B | $28.42M | $1.98B |
| June 30, 2014 | $4.31B | 5.68% | $29.33 | 79.76M | $2.34B | $12.11M | $1.98B |
| March 31, 2014 | $4.08B | 6.77% | $27.03 | 79.84M | $2.16B | $27.17M | $1.95B |
| December 31, 2013 | $3.82B | 5.06% | $24.12 | 79.84M | $1.93B | $2.53M | $1.89B |
| September 30, 2013 | $3.63B | -0.64% | $22.63 | 79.83M | $1.81B | $33.44M | $1.86B |
| June 30, 2013 | $3.66B | -2.71% | $22.15 | 79.85M | $1.77B | $34.80M | $1.92B |
| March 31, 2013 | $3.76B | 8.72% | $23.15 | 79.86M | $1.85B | $5.11M | $1.92B |
| December 31, 2012 | $3.46B | 0.38% | $20.51 | 79.77M | $1.64B | $8.98M | $1.83B |
| September 30, 2012 | $3.44B | 0.21% | $20.84 | 79.77M | $1.66B | $5.36M | $1.79B |
| June 30, 2012 | $3.44B | 4.86% | $19.54 | 79.81M | $1.56B | $3.18M | $1.88B |
| March 31, 2012 | $3.28B | 2.53% | $18.3 | 79.85M | $1.46B | $6.98M | $1.82B |
| December 31, 2011 | $3.20B | -4.15% | $18.23 | 79.85M | $1.46B | $15.09M | $1.76B |
| September 30, 2011 | $3.34B | -1.58% | $16.43 | 91.47M | $1.50B | $22.30M | $1.86B |
| June 30, 2011 | $3.39B | 7.80% | $16.74 | 91.59M | $1.53B | $14.02M | $1.87B |
| March 31, 2011 | $3.14B | 6.06% | $14.92 | 91.63M | $1.37B | $12.94M | $1.79B |
| December 31, 2010 | $2.96B | 6.73% | $13.02 | 91.56M | $1.19B | $15.40M | $1.79B |
| September 30, 2010 | $2.78B | -2.79% | $11.39 | 91.56M | $1.04B | $25.10M | $1.76B |
| June 30, 2010 | $2.86B | -3.91% | $11.18 | 91.56M | $1.02B | $19.10M | $1.85B |
| March 31, 2010 | $2.97B | 2.23% | $12.53 | 91.55M | $1.15B | $28.99M | $1.86B |
| December 31, 2009 | $2.91B | 6.60% | $12.65 | 91.55M | $1.16B | $14.64M | $1.77B |
| September 30, 2009 | $2.73B | -4.32% | $11.68 | 91.85M | $1.07B | $70.25M | $1.73B |
| June 30, 2009 | $2.85B | 18.91% | $10.71 | 104.95M | $1.12B | $26.02M | $1.75B |
| March 31, 2009 | $2.40B | -22.27% | $8.26 | 91.33M | $754.40M | $70.47M | $1.71B |
| December 31, 2008 | $3.09B | 0.09% | $10.08 | 88.99M | $897.05M | $140.62M | $2.33B |
| September 30, 2008 | $3.08B | -5.23% | $10.24 | 86.41M | $884.82M | $267.12M | $2.47B |
| June 30, 2008 | $3.25B | -2.92% | $11.96 | 81.70M | $977.11M | $137.88M | $2.41B |
| March 31, 2008 | $3.35B | -15.91% | $12.47 | 76.85M | $958.32M | $27.72M | $2.42B |
| December 31, 2007 | $3.99B | -3.92% | $21.45 | 77.20M | $1.66B | $17.76M | $2.35B |
| September 30, 2007 | $4.15B | -4.56% | $23.89 | 76.74M | $1.83B | $16.74M | $2.33B |
| June 30, 2007 | $4.35B | -11.64% | $27.79 | 77.85M | $2.16B | $58.05M | $2.24B |
| March 31, 2007 | $4.92B | 2.76% | $32.3 | 76.07M | $2.46B | $44.99M | $2.51B |
| December 31, 2006 | $4.79B | 8.30% | $31.1 | 76.51M | $2.38B | $123.42M | $2.53B |
| September 30, 2006 | $4.42B | 4.07% | $27.57 | 70.19M | $1.94B | $100.87M | $2.58B |
| June 30, 2006 | $4.25B | 14.14% | $24.96 | 69.49M | $1.73B | $73.89M | $2.59B |
| March 31, 2006 | $3.72B | 0.36% | $24.4 | 69.28M | $1.69B | $45.77M | $2.08B |
| December 31, 2005 | $3.71B | -6.59% | $24.49 | 69.28M | $1.70B | $68.20M | $2.08B |
| September 30, 2005 | $3.97B | 0.33% | $28.67 | 69.47M | $1.99B | $144.80M | $2.12B |
| June 30, 2005 | $3.96B | 54.99% | $28.81 | 77.05M | $2.22B | $222.96M | $1.96B |
| March 31, 2005 | $2.55B | -2.16% | $26.68 | 61.02M | $1.63B | $328.78M | $1.25B |
| December 31, 2004 | $2.61B | 9.69% | $25.29 | 61.02M | $1.54B | $17.20M | $1.08B |
| September 30, 2004 | $2.38B | - | $22.51 | 60.93M | $1.37B | $8.60M | $1.02B |
Related Metrics
Explore detailed financial metrics and analysis for PNM.