TXNM vs MORN
Comparison between PNM Resources Inc (TXNM, Company) and Morningstar Inc (MORN, Company).
TXNM is from the Utilities sector, while MORN is from the Financial Services sector.
5-Year PerformanceTXNM has outperformed MORN, delivering a return of +7.3% compared to -5.4%
TXNM vs MORN - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
TXNM vs MORN - Historical Returns
Returns include dividend reinvestment.
TXNM vs MORN - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | TXNM | MORN |
|---|---|---|
| 2026 | +2.16% | -17.37% |
| 2025 | +24.27% | -34.19% |
| 2024 | +30.79% | +21.97% |
| 2023 | -12.36% | +32.17% |
| 2022 | +10.63% | -35.18% |
| 2021 | -3.30% | +48.27% |
| 2020 | +0.29% | +54.23% |
| 2019 | +29.16% | +40.51% |
| 2018 | +5.73% | +14.36% |
| 2017 | +22.03% | +32.26% |
| 2016 | +16.88% | -6.83% |
| 2015 | +5.93% | +24.65% |
| 2014 | +28.48% | -16.52% |
| 2013 | +17.64% | +23.36% |
| 2012 | +19.98% | +6.51% |
| 2011 | +42.36% | +11.00% |
| 2010 | +6.80% | +9.95% |
| 2009 | +26.38% | +30.79% |
| 2008 | -49.82% | -53.19% |
| 2007 | -28.96% | +72.97% |
| 2006 | +28.66% | +30.96% |
| 2005 | +1.11% | +72.77% |
| 2004 | +37.21% | N/A |
| 2003 | +24.12% | N/A |
| 2002 | -14.30% | N/A |
| 2001 | +11.11% | N/A |
| 2000 | +78.91% | N/A |
| 1999 | -7.83% | N/A |
TXNM vs MORN Drawdown Comparison
The maximum drawdown for TXNM was -80.02%, occurring on Mar 6, 2009. Recovery took 1724 trading sessions.
The maximum drawdown for MORN was -67.92%, occurring on Nov 20, 2008. Recovery took 1479 trading sessions.
The current TXNM drawdown is -0.02%. The current MORN drawdown is -51.10%.
| Rank | TXNM | MORN |
|---|---|---|
| #1 | -80.02% Apr 25, 2007 - Feb 28, 2014 | -67.92% Dec 11, 2007 - Oct 25, 2013 |
| #2 | -51.04% May 10, 2001 - Sep 16, 2004 | -56.69% Dec 12, 2024 - Feb 12, 2026 |
| #3 | -46.35% Feb 18, 2020 - Nov 21, 2024 | -49.91% Dec 27, 2021 - Oct 14, 2024 |
| #4 | -25.17% Nov 30, 2017 - Dec 11, 2018 | -35.42% Feb 19, 2020 - Jul 30, 2020 |
| #5 | -22.79% Aug 3, 2005 - Nov 6, 2006 | -28.34% May 19, 2006 - Nov 20, 2006 |
| #6 | -20.57% Dec 29, 2014 - Dec 23, 2015 | -26.97% Nov 22, 2013 - Jul 24, 2015 |
| #7 | -17.98% Jul 1, 2014 - Nov 5, 2014 | -25.71% Aug 31, 2018 - Apr 24, 2019 |
| #8 | -16.85% Nov 8, 2000 - Mar 30, 2001 | -24.04% Aug 11, 2005 - Nov 3, 2005 |
| #9 | -14.91% Nov 1, 1999 - Apr 26, 2000 | -23.03% Apr 1, 2016 - Oct 26, 2017 |
| #10 | -14.22% Apr 28, 2000 - Jul 20, 2000 | -20.92% Nov 11, 2005 - Jan 10, 2006 |
| #11 | -13.00% Jul 6, 2016 - Feb 21, 2017 | -13.66% Apr 23, 2007 - Aug 2, 2007 |
| #12 | -10.60% Dec 13, 2018 - Feb 22, 2019 | -12.90% Apr 29, 2021 - Aug 4, 2021 |
| #13 | -10.22% Feb 21, 2025 - Mar 14, 2025 | -12.53% Aug 5, 2015 - Mar 28, 2016 |
| #14 | -10.07% Mar 19, 2025 - May 19, 2025 | -11.85% Feb 16, 2021 - Apr 26, 2021 |
| #15 | -9.86% Oct 4, 2019 - Jan 23, 2020 | -11.46% Aug 8, 2007 - Oct 2, 2007 |
Correlation
Correlation between TXNM and MORN is 0.85 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (2000 - 2026)
TXNM vs MORN dividend yield comparison.
| Year | TXNM | MORN |
|---|---|---|
| 2026 | 1.42% | 0.58% |
| 2025 | 2.77% | 0.84% |
| 2024 | 3.15% | 0.48% |
| 2023 | 3.53% | 0.52% |
| 2022 | 2.85% | 0.66% |
| 2021 | 2.87% | 0.28% |
| 2020 | 2.53% | 0.65% |
| 2019 | 2.29% | 0.74% |
| 2018 | 2.58% | 0.91% |
| 2017 | 2.40% | 0.95% |
| 2016 | 2.57% | 1.20% |
| 2015 | 2.62% | 0.95% |
| 2014 | 2.50% | 1.05% |
| 2013 | 2.65% | 0.48% |
| 2012 | 3.44% | 0.84% |
| 2011 | 2.74% | 0.25% |
| 2010 | 3.84% | 0.09% |
| 2009 | 3.95% | 0.00% |
| 2008 | 7.04% | 0.00% |
| 2007 | 4.24% | 0.00% |
| 2006 | 2.77% | 0.00% |
| 2005 | 3.14% | 0.00% |
| 2004 | 2.50% | 0.00% |
| 2003 | 3.24% | 0.00% |
| 2002 | 3.61% | 0.00% |
| 2001 | 2.86% | 0.00% |
| 2000 | 2.98% | 0.00% |
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