TXNM vs PCTY

Comparison between PNM Resources Inc (TXNM, Company) and Paylocity Holding Corp (PCTY, Company).

TXNM is from the Utilities sector, while PCTY is from the Technology sector.

5-Year PerformanceTXNM has outperformed PCTY, delivering a return of +7.0% compared to -10.0%

TXNM vs PCTY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TXNM(COMPANY)	PCTY(COMPANY)
Market Cap	$6.45B	$6.47B
Max Drawdown	81.76%	68.90%
Sharpe Ratio	0.28	-0.98
5Y Beta	0.28	0.63
Industry	Utilities - Regulated Electric	Software - Application
P/E Ratio	38.30	25.32
Forward P/E	20.16	14.03
PEG Ratio	2.88	1.51
Dividend Yield	2.86%	N/A
5Y Dividends CAGR	5.84%	N/A
5Y EPS CAGR	18.51%	32.33%
Debt to Equity	156.28%	6.88%
Free Cash Flow Yield	9.24%	7.53%
P/S Ratio	2.95	3.74
P/B Ratio	1.86	5.62

Market Cap

TXNM

$6.45B

Winner

PCTY

$6.47B

Max Drawdown

TXNM

81.76%

Winner

PCTY

68.90%

Sharpe Ratio

Winner

TXNM

0.28

PCTY

-0.98

5Y Beta

Winner

TXNM

0.28

PCTY

0.63

Industry

TXNM

Utilities - Regulated Electric

PCTY

Software - Application

P/E Ratio

TXNM

38.30

Winner

PCTY

25.32

Forward P/E

TXNM

20.16

Winner

PCTY

14.03

PEG Ratio

TXNM

2.88

Winner

PCTY

1.51

Dividend Yield

TXNM

2.86%

PCTY

N/A

5Y Dividends CAGR

TXNM

5.84%

PCTY

N/A

5Y EPS CAGR

TXNM

18.51%

Winner

PCTY

32.33%

Debt to Equity

TXNM

156.28%

Winner

PCTY

6.88%

Free Cash Flow Yield

Winner

TXNM

9.24%

PCTY

7.53%

P/S Ratio

Winner

TXNM

2.95

PCTY

3.74

P/B Ratio

Winner

TXNM

1.86

PCTY

5.62

TXNM vs PCTY - Historical Returns

Returns include dividend reinvestment.

Period	TXNM	PCTY
1 month	+1.64%	+19.54%
3 months	-0.48%	+20.50%
6 months	-0.17%	-17.32%
1 year	+5.06%	-35.35%
5 years(CAGR)	+7.03%	-9.95%
10 years(CAGR)	+8.51%	+10.51%
Max(CAGR)	+9.68%	+13.96%

TXNM

+1.64%

Winner

PCTY

+19.54%

TXNM

-0.48%

Winner

PCTY

+20.50%

Winner

TXNM

-0.17%

PCTY

-17.32%

Winner

TXNM

+5.06%

PCTY

-35.35%

5Y(CAGR)

Winner

TXNM

+7.03%

PCTY

-9.95%

10Y(CAGR)

TXNM

+8.51%

Winner

PCTY

+10.51%

Max(CAGR)

TXNM

+9.68%

Winner

PCTY

+13.96%

TXNM vs PCTY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	TXNM	PCTY
2026	+0.15%	-17.23%
2025	+24.27%	-21.82%
2024	+30.79%	+22.52%
2023	-12.36%	-14.38%
2022	+10.63%	-16.21%
2021	-3.30%	+18.66%
2020	+0.29%	+62.42%
2019	+29.16%	+102.89%
2018	+5.73%	+26.15%
2017	+22.03%	+56.73%
2016	+16.88%	-22.17%
2015	+5.93%	+57.97%
2014	+28.48%	+8.61%
2013	+17.64%	N/A
2012	+19.98%	N/A
2011	+42.36%	N/A
2010	+6.80%	N/A
2009	+26.38%	N/A
2008	-49.82%	N/A
2007	-28.96%	N/A
2006	+28.66%	N/A
2005	+1.11%	N/A
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 PCTY Drawdown Comparison

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

The maximum drawdown for PCTY was -68.90%, occurring on Apr 10, 2026. This drawdown has not yet recovered.

The current TXNM drawdown is -1.98%. The current PCTY drawdown is -60.56%.

Rank	TXNM	PCTY
#1	-80.02% Apr 25, 2007 - Feb 28, 2014	-68.90% Nov 1, 2021 - Apr 10, 2026
#2	-51.04% May 10, 2001 - Sep 16, 2004	-50.57% Feb 4, 2020 - Jul 1, 2020
#3	-46.35% Feb 18, 2020 - Nov 21, 2024	-45.55% Nov 19, 2015 - Aug 4, 2016
#4	-25.17% Nov 30, 2017 - Dec 11, 2018	-40.41% Mar 21, 2014 - Nov 7, 2014
#5	-22.79% Aug 3, 2005 - Nov 6, 2006	-36.70% Aug 8, 2016 - Jun 1, 2017
#6	-20.57% Dec 29, 2014 - Dec 23, 2015	-35.97% Sep 14, 2018 - Feb 19, 2019
#7	-17.98% Jul 1, 2014 - Nov 5, 2014	-26.96% Dec 23, 2020 - Aug 5, 2021
#8	-16.85% Nov 8, 2000 - Mar 30, 2001	-23.64% Nov 21, 2014 - Feb 19, 2015
#9	-14.91% Nov 1, 1999 - Apr 26, 2000	-22.59% Aug 5, 2015 - Nov 6, 2015
#10	-14.22% Apr 28, 2000 - Jul 20, 2000	-19.66% Oct 31, 2017 - Mar 12, 2018
#11	-13.00% Jul 6, 2016 - Feb 21, 2017	-17.47% Mar 20, 2015 - May 8, 2015
#12	-10.60% Dec 13, 2018 - Feb 22, 2019	-16.92% Jul 2, 2020 - Sep 28, 2020
#13	-10.22% Feb 21, 2025 - Mar 14, 2025	-15.07% Aug 27, 2019 - Nov 15, 2019
#14	-10.07% Mar 19, 2025 - May 19, 2025	-13.76% Jul 26, 2019 - Aug 9, 2019
#15	-9.86% Oct 4, 2019 - Jan 23, 2020	-13.09% May 16, 2019 - Jul 11, 2019