PNW

PINNACLE WEST CAPITAL CORP
—

Company Information

Company Name
PINNACLE WEST CAPITAL CORP
CIK
CIK0000764622
Category
Large accelerated filer
Ticker: Exchange
PNW: NYSE
Fiscal Year End
December 31
Owner Organization
01 Energy & Transportation
SIC
4911
SIC Description
Electric Services
Ticker
PNW

SEC filing data through

Insider Sentiment

Last purchase
2024-08-05
Last sale
2026-08-10
Shares purchased (TTM)
0
Shares sold (TTM)
15,843
Buy ratio (TTM)0.0%

Institutional Sentiment

As of
2026-06-30
Institutional shares owned
130,793,872
Shares outstanding
121,306,000
Ownership
107.82%
+12.36% Y/Y

Earnings Market Reaction

Filing date
2026-08-04
Price on filing date
—
1-month reaction
-3.76%
3-month reaction
…
Drift continued4/11 (36%)
Faded / reversed7/11 (64%)

Balance Sheet

Values in millions ($)
Line item2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-30Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Assets Current
Cash And Cash Equivalents At Carrying Value967311910449410515
Accounts Receivable Gross Current776504580778570431526839564426514665
Contract With Customer Asset Net Current283209174258272177177262315166168227
Allowance For Doubtful Accounts Receivable Current-22-25-25-22-17-23-25-18-16-19-22-21
Other Inventory Supplies604543546519509488469474484439444444
Income Taxes Receivable386---000000
Energy Related Inventory Other Fossil Fuel222019201816325465504950
Derivative Instruments And Hedges0037117811110711
Assets Held For Sale Not Part Of Disposal Group Current------00003532
Other Assets Current17915210975103917587140131101108
Assets Current2,0031,6151,7042,0011,7881,5891,6892,2652,0491,7821,9272,162
Investments And Other Assets
Decommissioning Trust Assets Amount1,4681,3931,4141,3931,3381,2861,2831,3001,2461,2391,2011,120
Credit Risk Derivative Assets At Fair Value0051634316---03
Other Assets Noncurrent169159145138141133115122119107103103
Property Plant And Equipment Net
Property Plant And Equipment Gross27,91527,61627,37026,26925,89526,32625,86125,26225,01324,46224,21123,940
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment-9,304-9,147-9,012-8,952-8,691-9,328-9,027-8,878-8,727-8,595-8,408-8,319
Property Plant And Equipment Net18,61118,47018,35817,31617,20416,99816,83416,38516,28615,86715,80315,621
Intangible Assets Net Excluding Goodwill536540576544569555591587593513267249
Nuclear Fuel Net Of Amortization1341171041151201129811212511499113
Public Utilities Property Plant And Equipment Net21,50821,04720,72020,33120,06219,60719,19818,88018,56718,26517,98017,607
Deferred Costs
Regulatory Assets Noncurrent1,4511,4541,4631,4711,3571,3731,3891,3461,3591,3711,3901,303
Operating Lease Right Of Use Asset5,0114,0603,6503,6523,6392,3741,6051,6001,5991,3251,3101,308
Defined Benefit Plan Assets For Plan Benefits Noncurrent399411399376364354342352339335323407
Other Deferred Costs Net13511396848974665856606353
Assets32,57730,69130,03229,89329,23527,23626,10326,31025,70124,84824,66124,434
Liabilities Current
Accounts Payable Current642602680537669599485429549477442405
Taxes Payable Current189240187348205232176342201225167265
Interest Payable Current115100106998583828477747376
Dividends Payable Current110011001070107010001000
Short Term Borrowings8195947576761,405870568624531794610424
Other Long Term Debt Current-------1,0001,000875875250
Long Term Debt Current775600600600350800800---875-
Contract With Customer Liability Current797864625346444242424241
Derivative Instruments And Hedges Liabilities71563539261852801041148143
Asset Retirement Obligation Current585772604147505237332916
Operating Lease Liability Current193136189204192123100119107696891
Regulatory Liability Current133117211194182225207244231222210227
Other Liabilities Current126114151147112124172182133133194130
Liabilities Current3,3722,6963,1612,9653,4273,1682,8443,1973,1123,0562,8891,968
Long Term Debt Noncurrent9,7769,8029,2069,2048,5078,0618,0598,0568,0567,5427,5418,164
Deferred Credits And Other Liabilities
Derivative Liabilities Noncurrent106107992926354313
Deferred Income Tax Liabilities Net2,5212,4802,4712,4922,4662,4452,4442,4542,4402,3972,4162,408
Regulatory Liability Noncurrent1,7831,7511,7361,7701,9121,9111,8551,8101,8111,9661,9661,919
Defined Benefit Pension Plan Liabilities Noncurrent181170168150148140139107109111113110
Asset Retirement Obligations Noncurrent1,2421,2291,1991,1591,1241,1121,0971,0991,103946937879
Contract With Customer Liability Noncurrent853618632661581569569602514533534520
Unrecorded Unconditional Purchase Obligation Balance Sheet Amount---------185184183
Recorded Unconditional Purchase Obligation164162160158156154171188186-184-
Accumulated Deferred Investment Tax Credit303307308239246250249247254257258254
Liability For Uncertain Tax Positions Noncurrent109107105874645444535353434
Operating Lease Liability Noncurrent4,9434,0113,5483,5633,5512,2781,5211,5171,5151,2251,2101,205
Other Liabilities Noncurrent246241249233237248242232221249251289
Deferred Credits And Other Liabilities12,35411,08210,57810,51210,4739,1628,3438,3308,2177,9397,9467,814
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
Common Stock Value3,2273,2203,2313,1473,1193,1103,1222,7752,7652,7582,7532,745
Treasury Stock Value-3-3-3-3-3-3-3-7-7-9-8-5
Retained Earnings Accumulated Deficit3,8423,8843,8514,0543,6413,6623,6673,8823,4873,4833,4663,666
Accumulated Other Comprehensive Income Loss Net Of Tax-31-32-32-30-30-30-31-33-33-33-33-30
Stockholders Equity7,0357,0687,0877,2116,7276,8466,7546,7266,3166,1996,1786,375
Minority Interest40434143101107103109105112107114
Liabilities And Stockholders Equity32,57730,69130,03229,89329,23527,23626,10326,31025,70124,84824,66124,434
Sale Leaseback Transaction Accumulated Depreciation--111---269---265-
Finite Lived Intangible Assets Accumulated Amortization--1,058---926---886-
Common Stock Shares Authorized300300300300150150150150150150150150
Common Stock Shares Issued121121121120119119119114114114114113
Treasury Stock Common Shares000000000000

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PINNACLE WEST CAPITAL CORP (PNW) — SEC Financial Statements & Analysis

PINNACLE WEST CAPITAL CORP (PNW) is a electric services company, incorporated in AZ. PINNACLE WEST CAPITAL CORP trades on NYSE as: PNW. PINNACLE WEST CAPITAL CORP (PNW)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-04. Based on that filing, PINNACLE WEST CAPITAL CORP carries a market cap of $12.86B, a P/E ratio of 20.23x, a P/B ratio of 1.82x, a P/S ratio of 2.32x, an enterprise value of $24.22B, and an EV/EBITDA multiple of 8.39x. On profitability, it posts a gross margin of 62.70%, an operating margin of 20.52%, a net margin of 11.45%, a Return on Equity (ROE) of 9.21%, a Return on Assets (ROA) of 2.06%, and a Return on Invested Capital (ROIC) of 5.48%. Per share, it reports EPS of $5.24, diluted EPS of $5.11, free cash flow per share of $-16.00, and a dividend per share of $6.18. Over the trailing year, it posted revenue growth of 5.69% year-over-year, net income growth of 9.55% year-over-year, and EPS growth of 7.94% year-over-year. On the balance sheet, it maintains a current ratio of 0.59x, a quick ratio of 0.59x, working capital of $-1.37B, a debt-to-equity ratio of 0.48x, a debt ratio of 0.1, an interest coverage ratio of 2.46x, free cash flow of $-1.94B (TTM), and net debt of $11.36B. Figures sourced from SEC EDGAR.

Market Cap
$12.86B
P/E TTM
20.23x
EPS TTM
$5.24
P/B TTM
1.82x
ROE TTM
9.21%
ROA TTM
2.06%
Debt To Equity
0.48x
Free Cash Flow TTM
$-1.94B
Net Revenue TTM Growth 1Y
5.69%

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is PINNACLE WEST CAPITAL CORP in?

PINNACLE WEST CAPITAL CORP (PNW) operates in the Electric Services industry.

What exchange does PNW trade on?

PINNACLE WEST CAPITAL CORP (PNW) trades on the NYSE.

Where is PINNACLE WEST CAPITAL CORP incorporated?

PINNACLE WEST CAPITAL CORP is incorporated in AZ.

When was PINNACLE WEST CAPITAL CORP (PNW)'s most recent SEC filing?

PINNACLE WEST CAPITAL CORP (PNW)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-04.

What is PNW's market cap?

PINNACLE WEST CAPITAL CORP (PNW) has a market capitalization of $12.86B as of 2026-06-30.

What is PNW's P/E ratio?

PINNACLE WEST CAPITAL CORP (PNW)'s trailing twelve month P/E ratio is 20.23x as of 2026-06-30.

What is PNW's EPS (earnings per share)?

PINNACLE WEST CAPITAL CORP (PNW)'s trailing twelve month EPS is $5.24 as of 2026-06-30.

What is PNW's ROE (return on equity)?

PINNACLE WEST CAPITAL CORP (PNW)'s trailing twelve month Return on Equity (ROE) is 9.21% as of 2026-06-30.

What is PNW's ROA (return on assets)?

PINNACLE WEST CAPITAL CORP (PNW)'s trailing twelve month Return on Assets (ROA) is 2.06% as of 2026-06-30.

What is PNW's ROIC (return on invested capital)?

PINNACLE WEST CAPITAL CORP (PNW)'s trailing twelve month Return on Invested Capital (ROIC) is 5.48% as of 2026-06-30.

What is PNW's EV/EBITDA?

PINNACLE WEST CAPITAL CORP (PNW)'s trailing twelve month EV/EBITDA is 8.39x as of 2026-06-30.

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