MIDD vs TXNM

Comparison between Middleby Corp (MIDD, Company) and PNM Resources Inc (TXNM, Company).

MIDD is from the Industrials sector, while TXNM is from the Utilities sector.

5-Year PerformanceTXNM has outperformed MIDD, delivering a return of +6.6% compared to +2.7%

MIDD vs TXNM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MIDD(COMPANY)	TXNM(COMPANY)
Market Cap	$6.25B	$6.24B
Max Drawdown	73.11%	81.76%
Sharpe Ratio	0.89	0.07
5Y Beta	1.11	0.27
Industry	Specialty Industrial Machinery	Utilities - Regulated Electric
P/E Ratio	-18.46	37.06
Forward P/E	13.99	19.76
PEG Ratio	1.51	2.81
Dividend Yield	N/A	2.92%
5Y Dividends CAGR	N/A	5.84%
5Y EPS CAGR	N/A	18.51%
Debt to Equity	78.91%	156.28%
Free Cash Flow Yield	8.03%	9.55%
P/S Ratio	1.81	2.85
P/B Ratio	3.41	1.81

Market Cap

Winner

MIDD

$6.25B

TXNM

$6.24B

Max Drawdown

Winner

MIDD

73.11%

TXNM

81.76%

Sharpe Ratio

Winner

MIDD

0.89

TXNM

0.07

5Y Beta

MIDD

1.11

Winner

TXNM

0.27

Industry

MIDD

Specialty Industrial Machinery

TXNM

Utilities - Regulated Electric

P/E Ratio

Winner

MIDD

-18.46

TXNM

37.06

Forward P/E

Winner

MIDD

13.99

TXNM

19.76

PEG Ratio

Winner

MIDD

1.51

TXNM

2.81

Dividend Yield

MIDD

N/A

TXNM

2.92%

5Y Dividends CAGR

MIDD

N/A

TXNM

5.84%

5Y EPS CAGR

MIDD

N/A

TXNM

18.51%

Debt to Equity

Winner

MIDD

78.91%

TXNM

156.28%

Free Cash Flow Yield

MIDD

8.03%

Winner

TXNM

9.55%

P/S Ratio

Winner

MIDD

1.81

TXNM

2.85

P/B Ratio

MIDD

3.41

Winner

TXNM

1.81

MIDD vs TXNM - Historical Returns

Returns include dividend reinvestment.

Period	MIDD	TXNM
1 month	+28.06%	-0.09%
3 months	+46.53%	-2.88%
6 months	+35.89%	-2.17%
1 year	+43.39%	+3.48%
5 years(CAGR)	+2.70%	+6.60%
10 years(CAGR)	+6.00%	+8.36%
Max(CAGR)	+23.63%	+9.60%

Winner

MIDD

+28.06%

TXNM

-0.09%

Winner

MIDD

+46.53%

TXNM

-2.88%

Winner

MIDD

+35.89%

TXNM

-2.17%

Winner

MIDD

+43.39%

TXNM

+3.48%

5Y(CAGR)

MIDD

+2.70%

Winner

TXNM

+6.60%

10Y(CAGR)

MIDD

+6.00%

Winner

TXNM

+8.36%

Max(CAGR)

Winner

MIDD

+23.63%

TXNM

+9.60%

MIDD vs TXNM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	MIDD	TXNM
2026	+38.89%	-2.08%
2025	+11.01%	+24.27%
2024	-6.81%	+30.79%
2023	+10.12%	-12.36%
2022	-31.78%	+10.63%
2021	+55.96%	-3.30%
2020	+18.30%	+0.29%
2019	+7.41%	+29.16%
2018	-24.06%	+5.73%
2017	+4.95%	+22.03%
2016	+21.12%	+16.88%
2015	+8.92%	+5.93%
2014	+19.95%	+28.48%
2013	+82.45%	+17.64%
2012	+33.23%	+19.98%
2011	+8.18%	+42.36%
2010	+68.98%	+6.80%
2009	+71.34%	+26.38%
2008	-64.08%	-49.82%
2007	+43.90%	-28.96%
2006	+18.75%	+28.66%
2005	+70.65%	+1.11%
2004	+24.62%	+37.21%
2003	+286.91%	+24.12%
2002	+101.92%	-14.30%
2001	-13.34%	+11.11%
2000	+4.97%	+78.91%
1999	+24.99%	-7.83%

MIDD vs TXNM Drawdown Comparison

The maximum drawdown for MIDD was -73.11%, occurring on Mar 2, 2009. Recovery took 747 trading sessions.

The maximum drawdown for TXNM was -80.02%, occurring on Mar 6, 2009. Recovery took 1724 trading sessions.

The current MIDD drawdown is -3.35%. The current TXNM drawdown is -4.17%.

Rank	MIDD	TXNM
#1	-73.11% Nov 28, 2007 - Nov 15, 2010	-80.02% Apr 25, 2007 - Feb 28, 2014
#2	-69.20% Dec 8, 2016 - Feb 24, 2021	-51.04% May 10, 2001 - Sep 16, 2004
#3	-48.76% Mar 30, 2001 - Jun 7, 2002	-46.35% Feb 18, 2020 - Nov 21, 2024
#4	-44.38% Feb 9, 2022 - Jul 7, 2026	-25.17% Nov 30, 2017 - Dec 11, 2018
#5	-35.03% Aug 10, 2015 - May 27, 2016	-22.79% Aug 3, 2005 - Nov 6, 2006
#6	-34.96% Jun 12, 2000 - Mar 30, 2001	-20.57% Dec 29, 2014 - Dec 23, 2015
#7	-29.79% Jul 8, 2011 - Dec 20, 2011	-17.98% Jul 1, 2014 - Nov 5, 2014
#8	-29.64% Jun 1, 2004 - Jul 29, 2005	-16.85% Nov 8, 2000 - Mar 30, 2001
#9	-28.17% Feb 27, 2014 - Dec 30, 2014	-14.91% Nov 1, 1999 - Apr 26, 2000
#10	-27.19% Feb 18, 2000 - Jun 8, 2000	-14.22% Apr 28, 2000 - Jul 20, 2000
#11	-24.75% Mar 2, 2006 - Nov 8, 2006	-13.00% Jul 6, 2016 - Feb 21, 2017
#12	-24.12% Aug 22, 2002 - Nov 12, 2002	-10.60% Dec 13, 2018 - Feb 22, 2019
#13	-20.78% Aug 9, 2007 - Nov 20, 2007	-10.22% Feb 21, 2025 - Mar 14, 2025
#14	-19.91% Sep 15, 2003 - Oct 24, 2003	-10.07% Mar 19, 2025 - May 19, 2025
#15	-19.57% May 3, 2007 - Aug 9, 2007	-9.86% Oct 4, 2019 - Jan 23, 2020

Correlation

Correlation between MIDD and TXNM is 0.90 which considered as a very strong positive correlation - the stocks move almost identically together.

0.90

-101

Dividend Comparison (2000 - 2026)

MIDD vs TXNM dividend yield comparison.

Year	MIDD	TXNM
2026	26.04%	1.48%
2025	0.00%	2.77%
2024	0.00%	3.15%
2023	0.00%	3.53%
2022	0.00%	2.85%
2021	0.00%	2.87%
2020	0.00%	2.53%
2019	0.00%	2.29%
2018	0.00%	2.58%
2017	0.00%	2.40%
2016	0.00%	2.57%
2015	0.00%	2.62%
2014	0.00%	2.50%
2013	0.00%	2.65%
2012	0.00%	3.44%
2011	0.00%	2.74%
2010	0.00%	3.84%
2009	0.00%	3.95%
2008	0.00%	7.04%
2007	0.00%	4.24%
2006	0.00%	2.77%
2005	0.00%	3.14%
2004	0.79%	2.50%
2003	0.62%	3.24%
2002	0.00%	3.61%
2001	0.00%	2.86%
2000	1.67%	2.98%