MAC vs TXNM
Comparison between Macerich Company (MAC, Company) and PNM Resources Inc (TXNM, Company).
MAC is from the Real Estate sector, while TXNM is from the Utilities sector.
5-Year PerformanceMAC has outperformed TXNM, delivering a return of +12.3% compared to +6.3%
MAC vs TXNM - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
MAC vs TXNM - Historical Returns
Returns include dividend reinvestment.
MAC vs TXNM - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | MAC | TXNM |
|---|---|---|
| 2026 | +38.54% | -1.98% |
| 2025 | -5.20% | +24.27% |
| 2024 | +33.42% | +30.79% |
| 2023 | +46.90% | -12.36% |
| 2022 | -32.38% | +10.63% |
| 2021 | +68.64% | -3.30% |
| 2020 | -55.04% | +0.29% |
| 2019 | -31.47% | +29.16% |
| 2018 | -31.52% | +5.73% |
| 2017 | -3.05% | +22.03% |
| 2016 | -7.54% | +16.88% |
| 2015 | +1.57% | +5.93% |
| 2014 | +48.48% | +28.48% |
| 2013 | +4.11% | +17.64% |
| 2012 | +18.93% | +19.98% |
| 2011 | +9.66% | +42.36% |
| 2010 | +43.61% | +6.80% |
| 2009 | +125.69% | +26.38% |
| 2008 | -72.27% | -49.82% |
| 2007 | -15.53% | -28.96% |
| 2006 | +30.43% | +28.66% |
| 2005 | +12.64% | +1.11% |
| 2004 | +51.46% | +37.21% |
| 2003 | +54.68% | +24.12% |
| 2002 | +24.65% | -14.30% |
| 2001 | +55.36% | +11.11% |
| 2000 | +4.10% | +78.91% |
| 1999 | +4.40% | -7.83% |
MAC vs TXNM Drawdown Comparison
The maximum drawdown for MAC was -93.28%, occurring on Mar 27, 2009. Recovery took 1566 trading sessions.
The maximum drawdown for TXNM was -80.02%, occurring on Mar 6, 2009. Recovery took 1724 trading sessions.
The current MAC drawdown is -51.74%. The current TXNM drawdown is -4.07%.
| Rank | MAC | TXNM |
|---|---|---|
| #1 | -93.28% Feb 7, 2007 - Apr 29, 2013 | -80.02% Apr 25, 2007 - Feb 28, 2014 |
| #2 | -92.92% Aug 1, 2016 - Apr 2, 2020 | -51.04% May 10, 2001 - Sep 16, 2004 |
| #3 | -26.80% Apr 1, 2004 - Aug 27, 2004 | -46.35% Feb 18, 2020 - Nov 21, 2024 |
| #4 | -23.77% Aug 1, 2000 - May 4, 2001 | -25.17% Nov 30, 2017 - Dec 11, 2018 |
| #5 | -22.33% Mar 16, 2015 - Jul 13, 2016 | -22.79% Aug 3, 2005 - Nov 6, 2006 |
| #6 | -21.21% May 20, 2013 - Jul 18, 2014 | -20.57% Dec 29, 2014 - Dec 23, 2015 |
| #7 | -18.69% Jan 20, 2000 - May 1, 2000 | -17.98% Jul 1, 2014 - Nov 5, 2014 |
| #8 | -16.70% Dec 17, 2004 - May 20, 2005 | -16.85% Nov 8, 2000 - Mar 30, 2001 |
| #9 | -14.68% Aug 22, 2001 - Nov 15, 2001 | -14.91% Nov 1, 1999 - Apr 26, 2000 |
| #10 | -14.03% Jun 28, 2002 - Aug 26, 2002 | -14.22% Apr 28, 2000 - Jul 20, 2000 |
| #11 | -13.59% Aug 3, 2005 - Jan 5, 2006 | -13.00% Jul 6, 2016 - Feb 21, 2017 |
| #12 | -12.53% Nov 3, 1999 - Dec 28, 1999 | -10.60% Dec 13, 2018 - Feb 22, 2019 |
| #13 | -11.31% Sep 26, 2002 - Dec 5, 2002 | -10.22% Feb 21, 2025 - Mar 14, 2025 |
| #14 | -10.58% Apr 12, 2002 - Jun 27, 2002 | -10.07% Mar 19, 2025 - May 19, 2025 |
| #15 | -8.74% Mar 29, 2006 - Aug 30, 2006 | -9.86% Oct 4, 2019 - Jan 23, 2020 |
Correlation
Correlation between MAC and TXNM is 0.05 which considered as a very weak or no correlation - the stocks move independently of each other.
Dividend Comparison (1999 - 2026)
MAC vs TXNM dividend yield comparison.
| Year | MAC | TXNM |
|---|---|---|
| 2026 | 0.67% | 1.48% |
| 2025 | 3.68% | 2.77% |
| 2024 | 3.41% | 3.15% |
| 2023 | 4.41% | 3.53% |
| 2022 | 5.51% | 2.85% |
| 2021 | 3.47% | 2.87% |
| 2020 | 10.78% | 2.53% |
| 2019 | 11.14% | 2.29% |
| 2018 | 6.86% | 2.58% |
| 2017 | 4.37% | 2.40% |
| 2016 | 3.88% | 2.57% |
| 2015 | 5.74% | 2.62% |
| 2014 | 3.01% | 2.50% |
| 2013 | 4.01% | 2.65% |
| 2012 | 3.83% | 3.44% |
| 2011 | 4.05% | 2.74% |
| 2010 | 4.43% | 3.84% |
| 2009 | 7.23% | 3.95% |
| 2008 | 17.62% | 7.04% |
| 2007 | 4.12% | 4.24% |
| 2006 | 3.18% | 2.77% |
| 2005 | 3.92% | 3.14% |
| 2004 | 3.95% | 2.50% |
| 2003 | 5.21% | 3.24% |
| 2002 | 7.22% | 3.61% |
| 2001 | 8.05% | 2.86% |
| 2000 | 10.73% | 2.98% |
| 1999 | 2.45% | 0.00% |
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