TEX vs TXNM
Comparison between Terex Corp (TEX, Company) and PNM Resources Inc (TXNM, Company).
TEX is from the Industrials sector, while TXNM is from the Utilities sector.
5-Year PerformanceTEX has outperformed TXNM, delivering a return of +10.0% compared to +6.7%
TEX vs TXNM - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
TEX vs TXNM - Historical Returns
Returns include dividend reinvestment.
TEX vs TXNM - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | TEX | TXNM |
|---|---|---|
| 2026 | +20.15% | -1.10% |
| 2025 | +21.72% | +24.27% |
| 2024 | -19.15% | +30.79% |
| 2023 | +38.57% | -12.36% |
| 2022 | -2.19% | +10.63% |
| 2021 | +28.93% | -3.30% |
| 2020 | +16.35% | +0.29% |
| 2019 | +10.20% | +29.16% |
| 2018 | -42.65% | +5.73% |
| 2017 | +52.29% | +22.03% |
| 2016 | +71.91% | +16.88% |
| 2015 | -34.37% | +5.93% |
| 2014 | -31.81% | +28.48% |
| 2013 | +41.81% | +17.64% |
| 2012 | +94.80% | +19.98% |
| 2011 | -57.04% | +42.36% |
| 2010 | +48.02% | +6.80% |
| 2009 | +5.71% | +26.38% |
| 2008 | -72.36% | -49.82% |
| 2007 | +11.02% | -28.96% |
| 2006 | +112.29% | +28.66% |
| 2005 | +29.75% | +1.11% |
| 2004 | +64.71% | +37.21% |
| 2003 | +152.48% | +24.12% |
| 2002 | -36.42% | -14.30% |
| 2001 | +12.29% | +11.11% |
| 2000 | -38.91% | +78.91% |
| 1999 | +4.95% | -7.83% |
TEX vs TXNM Drawdown Comparison
The maximum drawdown for TEX was -91.96%, occurring on Feb 23, 2009. This drawdown has not yet recovered.
The maximum drawdown for TXNM was -80.02%, occurring on Mar 6, 2009. Recovery took 1724 trading sessions.
The current TEX drawdown is -19.79%. The current TXNM drawdown is -3.21%.
| Rank | TEX | TXNM |
|---|---|---|
| #1 | -91.96% Jul 16, 2007 - Feb 23, 2009 | -80.02% Apr 25, 2007 - Feb 28, 2014 |
| #2 | -66.55% Nov 18, 1999 - Dec 19, 2003 | -51.04% May 10, 2001 - Sep 16, 2004 |
| #3 | -27.50% Apr 5, 2004 - Jul 29, 2004 | -46.35% Feb 18, 2020 - Nov 21, 2024 |
| #4 | -25.40% Mar 4, 2005 - Aug 1, 2005 | -25.17% Nov 30, 2017 - Dec 11, 2018 |
| #5 | -23.94% May 5, 2006 - Oct 10, 2006 | -22.79% Aug 3, 2005 - Nov 6, 2006 |
| #6 | -16.39% Dec 31, 2004 - Mar 4, 2005 | -20.57% Dec 29, 2014 - Dec 23, 2015 |
| #7 | -15.67% Oct 6, 2004 - Nov 22, 2004 | -17.98% Jul 1, 2014 - Nov 5, 2014 |
| #8 | -14.60% Dec 27, 2006 - Feb 16, 2007 | -16.85% Nov 8, 2000 - Mar 30, 2001 |
| #9 | -13.59% Mar 1, 2006 - Apr 3, 2006 | -14.91% Nov 1, 1999 - Apr 26, 2000 |
| #10 | -12.74% Feb 21, 2007 - Mar 21, 2007 | -14.22% Apr 28, 2000 - Jul 20, 2000 |
| #11 | -12.56% Jan 14, 2004 - Feb 5, 2004 | -13.00% Jul 6, 2016 - Feb 21, 2017 |
| #12 | -11.11% Aug 10, 2005 - Oct 3, 2005 | -10.60% Dec 13, 2018 - Feb 22, 2019 |
| #13 | -10.06% Mar 4, 2004 - Apr 2, 2004 | -10.22% Feb 21, 2025 - Mar 14, 2025 |
| #14 | -9.24% Oct 16, 2006 - Nov 15, 2006 | -10.07% Mar 19, 2025 - May 19, 2025 |
| #15 | -8.79% Aug 2, 2004 - Sep 10, 2004 | -9.86% Oct 4, 2019 - Jan 23, 2020 |
Correlation
Correlation between TEX and TXNM is 0.58 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (2000 - 2026)
TEX vs TXNM dividend yield comparison.
| Year | TEX | TXNM |
|---|---|---|
| 2026 | 0.52% | 1.47% |
| 2025 | 1.27% | 2.77% |
| 2024 | 1.47% | 3.15% |
| 2023 | 1.11% | 3.53% |
| 2022 | 1.22% | 2.85% |
| 2021 | 1.09% | 2.87% |
| 2020 | 0.34% | 2.53% |
| 2019 | 1.48% | 2.29% |
| 2018 | 1.45% | 2.58% |
| 2017 | 0.66% | 2.40% |
| 2016 | 0.89% | 2.57% |
| 2015 | 1.30% | 2.62% |
| 2014 | 0.72% | 2.50% |
| 2013 | 0.12% | 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 | 0.00% | 2.50% |
| 2003 | 0.00% | 3.24% |
| 2002 | 0.00% | 3.61% |
| 2001 | 0.00% | 2.86% |
| 2000 | 0.00% | 2.98% |
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