TXNM vs TEX
Comparison between PNM Resources Inc (TXNM, Company) and Terex Corp (TEX, Company).
TXNM is from the Utilities sector, while TEX is from the Industrials sector.
5-Year PerformanceTEX has outperformed TXNM, delivering a return of +10.0% compared to +6.7%
TXNM vs TEX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
TXNM vs TEX - Historical Returns
Returns include dividend reinvestment.
TXNM vs TEX - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | TXNM | TEX |
|---|---|---|
| 2026 | -1.10% | +20.15% |
| 2025 | +24.27% | +21.72% |
| 2024 | +30.79% | -19.15% |
| 2023 | -12.36% | +38.57% |
| 2022 | +10.63% | -2.19% |
| 2021 | -3.30% | +28.93% |
| 2020 | +0.29% | +16.35% |
| 2019 | +29.16% | +10.20% |
| 2018 | +5.73% | -42.65% |
| 2017 | +22.03% | +52.29% |
| 2016 | +16.88% | +71.91% |
| 2015 | +5.93% | -34.37% |
| 2014 | +28.48% | -31.81% |
| 2013 | +17.64% | +41.81% |
| 2012 | +19.98% | +94.80% |
| 2011 | +42.36% | -57.04% |
| 2010 | +6.80% | +48.02% |
| 2009 | +26.38% | +5.71% |
| 2008 | -49.82% | -72.36% |
| 2007 | -28.96% | +11.02% |
| 2006 | +28.66% | +112.29% |
| 2005 | +1.11% | +29.75% |
| 2004 | +37.21% | +64.71% |
| 2003 | +24.12% | +152.48% |
| 2002 | -14.30% | -36.42% |
| 2001 | +11.11% | +12.29% |
| 2000 | +78.91% | -38.91% |
| 1999 | -7.83% | +4.95% |
TXNM vs TEX Drawdown Comparison
The maximum drawdown for TXNM was -80.02%, occurring on Mar 6, 2009. Recovery took 1724 trading sessions.
The maximum drawdown for TEX was -91.96%, occurring on Feb 23, 2009. This drawdown has not yet recovered.
The current TXNM drawdown is -3.21%. The current TEX drawdown is -19.79%.
| Rank | TXNM | TEX |
|---|---|---|
| #1 | -80.02% Apr 25, 2007 - Feb 28, 2014 | -91.96% Jul 16, 2007 - Feb 23, 2009 |
| #2 | -51.04% May 10, 2001 - Sep 16, 2004 | -66.55% Nov 18, 1999 - Dec 19, 2003 |
| #3 | -46.35% Feb 18, 2020 - Nov 21, 2024 | -27.50% Apr 5, 2004 - Jul 29, 2004 |
| #4 | -25.17% Nov 30, 2017 - Dec 11, 2018 | -25.40% Mar 4, 2005 - Aug 1, 2005 |
| #5 | -22.79% Aug 3, 2005 - Nov 6, 2006 | -23.94% May 5, 2006 - Oct 10, 2006 |
| #6 | -20.57% Dec 29, 2014 - Dec 23, 2015 | -16.39% Dec 31, 2004 - Mar 4, 2005 |
| #7 | -17.98% Jul 1, 2014 - Nov 5, 2014 | -15.67% Oct 6, 2004 - Nov 22, 2004 |
| #8 | -16.85% Nov 8, 2000 - Mar 30, 2001 | -14.60% Dec 27, 2006 - Feb 16, 2007 |
| #9 | -14.91% Nov 1, 1999 - Apr 26, 2000 | -13.59% Mar 1, 2006 - Apr 3, 2006 |
| #10 | -14.22% Apr 28, 2000 - Jul 20, 2000 | -12.74% Feb 21, 2007 - Mar 21, 2007 |
| #11 | -13.00% Jul 6, 2016 - Feb 21, 2017 | -12.56% Jan 14, 2004 - Feb 5, 2004 |
| #12 | -10.60% Dec 13, 2018 - Feb 22, 2019 | -11.11% Aug 10, 2005 - Oct 3, 2005 |
| #13 | -10.22% Feb 21, 2025 - Mar 14, 2025 | -10.06% Mar 4, 2004 - Apr 2, 2004 |
| #14 | -10.07% Mar 19, 2025 - May 19, 2025 | -9.24% Oct 16, 2006 - Nov 15, 2006 |
| #15 | -9.86% Oct 4, 2019 - Jan 23, 2020 | -8.79% Aug 2, 2004 - Sep 10, 2004 |
Correlation
Correlation between TXNM and TEX is 0.58 which considered as a moderate positive correlation - the stocks show some tendency to move together.
Dividend Comparison (2000 - 2026)
TXNM vs TEX dividend yield comparison.
| Year | TXNM | TEX |
|---|---|---|
| 2026 | 1.47% | 0.52% |
| 2025 | 2.77% | 1.27% |
| 2024 | 3.15% | 1.47% |
| 2023 | 3.53% | 1.11% |
| 2022 | 2.85% | 1.22% |
| 2021 | 2.87% | 1.09% |
| 2020 | 2.53% | 0.34% |
| 2019 | 2.29% | 1.48% |
| 2018 | 2.58% | 1.45% |
| 2017 | 2.40% | 0.66% |
| 2016 | 2.57% | 0.89% |
| 2015 | 2.62% | 1.30% |
| 2014 | 2.50% | 0.72% |
| 2013 | 2.65% | 0.12% |
| 2012 | 3.44% | 0.00% |
| 2011 | 2.74% | 0.00% |
| 2010 | 3.84% | 0.00% |
| 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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