PNW
PINNACLE WEST CAPITAL CORPCompany 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
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 130,793,872
- Shares outstanding
- 121,306,000
- Ownership
- 107.82%
Earnings Market Reaction
- Filing date
- 2026-08-04
- Price on filing date
- —
- 1-month reaction
- -3.76%
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets Current | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 9 | 6 | 7 | 31 | 19 | 10 | 4 | 49 | 4 | 10 | 5 | 15 | ||||||
| Accounts Receivable Gross Current | 776 | 504 | 580 | 778 | 570 | 431 | 526 | 839 | 564 | 426 | 514 | 665 | ||||||
| Contract With Customer Asset Net Current | 283 | 209 | 174 | 258 | 272 | 177 | 177 | 262 | 315 | 166 | 168 | 227 | ||||||
| Allowance For Doubtful Accounts Receivable Current | -22 | -25 | -25 | -22 | -17 | -23 | -25 | -18 | -16 | -19 | -22 | -21 | ||||||
| Other Inventory Supplies | 604 | 543 | 546 | 519 | 509 | 488 | 469 | 474 | 484 | 439 | 444 | 444 | ||||||
| Income Taxes Receivable | 3 | 8 | 6 | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Energy Related Inventory Other Fossil Fuel | 22 | 20 | 19 | 20 | 18 | 16 | 32 | 54 | 65 | 50 | 49 | 50 | ||||||
| Derivative Instruments And Hedges | 0 | 0 | 3 | 7 | 11 | 78 | 11 | 1 | 1 | 0 | 7 | 11 | ||||||
| Assets Held For Sale Not Part Of Disposal Group Current | - | - | - | - | - | - | 0 | 0 | 0 | 0 | 35 | 32 | ||||||
| Other Assets Current | 179 | 152 | 109 | 75 | 103 | 91 | 75 | 87 | 140 | 131 | 101 | 108 | ||||||
| Assets Current | 2,003 | 1,615 | 1,704 | 2,001 | 1,788 | 1,589 | 1,689 | 2,265 | 2,049 | 1,782 | 1,927 | 2,162 | ||||||
Investments And Other Assets | ||||||||||||||||||
| Decommissioning Trust Assets Amount | 1,468 | 1,393 | 1,414 | 1,393 | 1,338 | 1,286 | 1,283 | 1,300 | 1,246 | 1,239 | 1,201 | 1,120 | ||||||
| Credit Risk Derivative Assets At Fair Value | 0 | 0 | 5 | 16 | 34 | 31 | 6 | - | - | - | 0 | 3 | ||||||
| Other Assets Noncurrent | 169 | 159 | 145 | 138 | 141 | 133 | 115 | 122 | 119 | 107 | 103 | 103 | ||||||
Property Plant And Equipment Net | ||||||||||||||||||
| Property Plant And Equipment Gross | 27,915 | 27,616 | 27,370 | 26,269 | 25,895 | 26,326 | 25,861 | 25,262 | 25,013 | 24,462 | 24,211 | 23,940 | ||||||
| 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 Net | 18,611 | 18,470 | 18,358 | 17,316 | 17,204 | 16,998 | 16,834 | 16,385 | 16,286 | 15,867 | 15,803 | 15,621 | ||||||
| Intangible Assets Net Excluding Goodwill | 536 | 540 | 576 | 544 | 569 | 555 | 591 | 587 | 593 | 513 | 267 | 249 | ||||||
| Nuclear Fuel Net Of Amortization | 134 | 117 | 104 | 115 | 120 | 112 | 98 | 112 | 125 | 114 | 99 | 113 | ||||||
| Public Utilities Property Plant And Equipment Net | 21,508 | 21,047 | 20,720 | 20,331 | 20,062 | 19,607 | 19,198 | 18,880 | 18,567 | 18,265 | 17,980 | 17,607 | ||||||
Deferred Costs | ||||||||||||||||||
| Regulatory Assets Noncurrent | 1,451 | 1,454 | 1,463 | 1,471 | 1,357 | 1,373 | 1,389 | 1,346 | 1,359 | 1,371 | 1,390 | 1,303 | ||||||
| Operating Lease Right Of Use Asset | 5,011 | 4,060 | 3,650 | 3,652 | 3,639 | 2,374 | 1,605 | 1,600 | 1,599 | 1,325 | 1,310 | 1,308 | ||||||
| Defined Benefit Plan Assets For Plan Benefits Noncurrent | 399 | 411 | 399 | 376 | 364 | 354 | 342 | 352 | 339 | 335 | 323 | 407 | ||||||
| Other Deferred Costs Net | 135 | 113 | 96 | 84 | 89 | 74 | 66 | 58 | 56 | 60 | 63 | 53 | ||||||
| Assets | 32,577 | 30,691 | 30,032 | 29,893 | 29,235 | 27,236 | 26,103 | 26,310 | 25,701 | 24,848 | 24,661 | 24,434 | ||||||
Liabilities Current | ||||||||||||||||||
| Accounts Payable Current | 642 | 602 | 680 | 537 | 669 | 599 | 485 | 429 | 549 | 477 | 442 | 405 | ||||||
| Taxes Payable Current | 189 | 240 | 187 | 348 | 205 | 232 | 176 | 342 | 201 | 225 | 167 | 265 | ||||||
| Interest Payable Current | 115 | 100 | 106 | 99 | 85 | 83 | 82 | 84 | 77 | 74 | 73 | 76 | ||||||
| Dividends Payable Current | 110 | 0 | 110 | 0 | 107 | 0 | 107 | 0 | 100 | 0 | 100 | 0 | ||||||
| Short Term Borrowings | 819 | 594 | 757 | 676 | 1,405 | 870 | 568 | 624 | 531 | 794 | 610 | 424 | ||||||
| Other Long Term Debt Current | - | - | - | - | - | - | - | 1,000 | 1,000 | 875 | 875 | 250 | ||||||
| Long Term Debt Current | 775 | 600 | 600 | 600 | 350 | 800 | 800 | - | - | - | 875 | - | ||||||
| Contract With Customer Liability Current | 79 | 78 | 64 | 62 | 53 | 46 | 44 | 42 | 42 | 42 | 42 | 41 | ||||||
| Derivative Instruments And Hedges Liabilities | 71 | 56 | 35 | 39 | 26 | 18 | 52 | 80 | 104 | 114 | 81 | 43 | ||||||
| Asset Retirement Obligation Current | 58 | 57 | 72 | 60 | 41 | 47 | 50 | 52 | 37 | 33 | 29 | 16 | ||||||
| Operating Lease Liability Current | 193 | 136 | 189 | 204 | 192 | 123 | 100 | 119 | 107 | 69 | 68 | 91 | ||||||
| Regulatory Liability Current | 133 | 117 | 211 | 194 | 182 | 225 | 207 | 244 | 231 | 222 | 210 | 227 | ||||||
| Other Liabilities Current | 126 | 114 | 151 | 147 | 112 | 124 | 172 | 182 | 133 | 133 | 194 | 130 | ||||||
| Liabilities Current | 3,372 | 2,696 | 3,161 | 2,965 | 3,427 | 3,168 | 2,844 | 3,197 | 3,112 | 3,056 | 2,889 | 1,968 | ||||||
| Long Term Debt Noncurrent | 9,776 | 9,802 | 9,206 | 9,204 | 8,507 | 8,061 | 8,059 | 8,056 | 8,056 | 7,542 | 7,541 | 8,164 | ||||||
Deferred Credits And Other Liabilities | ||||||||||||||||||
| Derivative Liabilities Noncurrent | 10 | 6 | 1 | 0 | 7 | 9 | 9 | 29 | 26 | 35 | 43 | 13 | ||||||
| Deferred Income Tax Liabilities Net | 2,521 | 2,480 | 2,471 | 2,492 | 2,466 | 2,445 | 2,444 | 2,454 | 2,440 | 2,397 | 2,416 | 2,408 | ||||||
| Regulatory Liability Noncurrent | 1,783 | 1,751 | 1,736 | 1,770 | 1,912 | 1,911 | 1,855 | 1,810 | 1,811 | 1,966 | 1,966 | 1,919 | ||||||
| Defined Benefit Pension Plan Liabilities Noncurrent | 181 | 170 | 168 | 150 | 148 | 140 | 139 | 107 | 109 | 111 | 113 | 110 | ||||||
| Asset Retirement Obligations Noncurrent | 1,242 | 1,229 | 1,199 | 1,159 | 1,124 | 1,112 | 1,097 | 1,099 | 1,103 | 946 | 937 | 879 | ||||||
| Contract With Customer Liability Noncurrent | 853 | 618 | 632 | 661 | 581 | 569 | 569 | 602 | 514 | 533 | 534 | 520 | ||||||
| Unrecorded Unconditional Purchase Obligation Balance Sheet Amount | - | - | - | - | - | - | - | - | - | 185 | 184 | 183 | ||||||
| Recorded Unconditional Purchase Obligation | 164 | 162 | 160 | 158 | 156 | 154 | 171 | 188 | 186 | - | 184 | - | ||||||
| Accumulated Deferred Investment Tax Credit | 303 | 307 | 308 | 239 | 246 | 250 | 249 | 247 | 254 | 257 | 258 | 254 | ||||||
| Liability For Uncertain Tax Positions Noncurrent | 109 | 107 | 105 | 87 | 46 | 45 | 44 | 45 | 35 | 35 | 34 | 34 | ||||||
| Operating Lease Liability Noncurrent | 4,943 | 4,011 | 3,548 | 3,563 | 3,551 | 2,278 | 1,521 | 1,517 | 1,515 | 1,225 | 1,210 | 1,205 | ||||||
| Other Liabilities Noncurrent | 246 | 241 | 249 | 233 | 237 | 248 | 242 | 232 | 221 | 249 | 251 | 289 | ||||||
| Deferred Credits And Other Liabilities | 12,354 | 11,082 | 10,578 | 10,512 | 10,473 | 9,162 | 8,343 | 8,330 | 8,217 | 7,939 | 7,946 | 7,814 | ||||||
Stockholders Equity Including Portion Attributable To Noncontrolling Interest | ||||||||||||||||||
| Common Stock Value | 3,227 | 3,220 | 3,231 | 3,147 | 3,119 | 3,110 | 3,122 | 2,775 | 2,765 | 2,758 | 2,753 | 2,745 | ||||||
| Treasury Stock Value | -3 | -3 | -3 | -3 | -3 | -3 | -3 | -7 | -7 | -9 | -8 | -5 | ||||||
| Retained Earnings Accumulated Deficit | 3,842 | 3,884 | 3,851 | 4,054 | 3,641 | 3,662 | 3,667 | 3,882 | 3,487 | 3,483 | 3,466 | 3,666 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | -31 | -32 | -32 | -30 | -30 | -30 | -31 | -33 | -33 | -33 | -33 | -30 | ||||||
| Stockholders Equity | 7,035 | 7,068 | 7,087 | 7,211 | 6,727 | 6,846 | 6,754 | 6,726 | 6,316 | 6,199 | 6,178 | 6,375 | ||||||
| Minority Interest | 40 | 43 | 41 | 43 | 101 | 107 | 103 | 109 | 105 | 112 | 107 | 114 | ||||||
| Liabilities And Stockholders Equity | 32,577 | 30,691 | 30,032 | 29,893 | 29,235 | 27,236 | 26,103 | 26,310 | 25,701 | 24,848 | 24,661 | 24,434 | ||||||
| Sale Leaseback Transaction Accumulated Depreciation | - | - | 111 | - | - | - | 269 | - | - | - | 265 | - | ||||||
| Finite Lived Intangible Assets Accumulated Amortization | - | - | 1,058 | - | - | - | 926 | - | - | - | 886 | - | ||||||
| Common Stock Shares Authorized | 300 | 300 | 300 | 300 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | 150 | ||||||
| Common Stock Shares Issued | 121 | 121 | 121 | 120 | 119 | 119 | 119 | 114 | 114 | 114 | 114 | 113 | ||||||
| Treasury Stock Common Shares | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
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Recent filings
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Start 7-day free trialPINNACLE 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.

