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PINNACLE WEST CAPITAL CORP

PNW

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Financial Statements

Values in Millions ($)
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
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Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
967311910449410515
Accounts Receivable Gross Current
776504580778570431526839564426514665
Contract With Customer Asset Net Current
283209174258272177177262315166168227
Allowance For Doubtful Accounts Receivable Current
-22-25-25-22-17-23-25-18-16-19-22-21
Other Inventory Supplies
604543546519509488469474484439444444
Income Taxes Receivable
386---000000
Energy Related Inventory Other Fossil Fuel
222019201816325465504950
Derivative Instruments And Hedges
0037117811110711
Assets Held For Sale Not Part Of Disposal Group Cu…
------00003532
Other Assets Current
17915210975103917587140131101108
Assets Current
2,0031,6151,7042,0011,7881,5891,6892,2652,0491,7821,9272,162
Investments And Other Ass…
Decommissioning Trust Assets Amount
1,4681,3931,4141,3931,3381,2861,2831,3001,2461,2391,2011,120
Credit Risk Derivative Assets At Fair Value
0051634316---03
Other Assets Noncurrent
169159145138141133115122119107103103
Property Plant And Equipm…
Property Plant And Equipment Gross
27,91527,61627,37026,26925,89526,32625,86125,26225,01324,46224,21123,940
Accumulated Depreciation Depletion And Amortizatio…
-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
18,61118,47018,35817,31617,20416,99816,83416,38516,28615,86715,80315,621
Intangible Assets Net Excluding Goodwill
536540576544569555591587593513267249
Nuclear Fuel Net Of Amortization
1341171041151201129811212511499113
Public Utilities Property Plant And Equipment Net
21,50821,04720,72020,33120,06219,60719,19818,88018,56718,26517,98017,607
Deferred Costs
Regulatory Assets Noncurrent
1,4511,4541,4631,4711,3571,3731,3891,3461,3591,3711,3901,303
Operating Lease Right Of Use Asset
5,0114,0603,6503,6523,6392,3741,6051,6001,5991,3251,3101,308
Defined Benefit Plan Assets For Plan Benefits Nonc…
399411399376364354342352339335323407
Other Deferred Costs Net
13511396848974665856606353
Assets
32,57730,69130,03229,89329,23527,23626,10326,31025,70124,84824,66124,434
Liabilities And Stockhold…
Liabilities Current
Accounts Payable Current
642602680537669599485429549477442405
Taxes Payable Current
189240187348205232176342201225167265
Interest Payable Current
115100106998583828477747376
Dividends Payable Current
110011001070107010001000
Short Term Borrowings
8195947576761,405870568624531794610424
Other Long Term Debt Current
-------1,0001,000875875250
Long Term Debt Current
775600600600350800800---875-
Contract With Customer Liability Current
797864625346444242424241
Derivative Instruments And Hedges Liabilities
71563539261852801041148143
Asset Retirement Obligation Current
585772604147505237332916
Operating Lease Liability Current
193136189204192123100119107696891
Regulatory Liability Current
133117211194182225207244231222210227
Other Liabilities Current
126114151147112124172182133133194130
Liabilities Current
3,3722,6963,1612,9653,4273,1682,8443,1973,1123,0562,8891,968
Long Term Debt Noncurrent
9,7769,8029,2069,2048,5078,0618,0598,0568,0567,5427,5418,164
Deferred Credits And Othe…
Derivative Liabilities Noncurrent
106107992926354313
Deferred Income Tax Liabilities Net
2,5212,4802,4712,4922,4662,4452,4442,4542,4402,3972,4162,408
Regulatory Liability Noncurrent
1,7831,7511,7361,7701,9121,9111,8551,8101,8111,9661,9661,919
Defined Benefit Pension Plan Liabilities Noncurren…
181170168150148140139107109111113110
Asset Retirement Obligations Noncurrent
1,2421,2291,1991,1591,1241,1121,0971,0991,103946937879
Contract With Customer Liability Noncurrent
853618632661581569569602514533534520
Unrecorded Unconditional Purchase Obligation Balan…
---------185184183
Recorded Unconditional Purchase Obligation
164162160158156154171188186-184-
Accumulated Deferred Investment Tax Credit
303307308239246250249247254257258254
Liability For Uncertain Tax Positions Noncurrent
109107105874645444535353434
Operating Lease Liability Noncurrent
4,9434,0113,5483,5633,5512,2781,5211,5171,5151,2251,2101,205
Other Liabilities Noncurrent
246241249233237248242232221249251289
Deferred Credits And Other Liabilities
12,35411,08210,57810,51210,4739,1628,3438,3308,2177,9397,9467,814
Common Stock Value
3,2273,2203,2313,1473,1193,1103,1222,7752,7652,7582,7532,745
Treasury Stock Value
-3-3-3-3-3-3-3-7-7-9-8-5
Retained Earnings Accumulated Deficit
3,8423,8843,8514,0543,6413,6623,6673,8823,4873,4833,4663,666
Accumulated Other Comprehensive Income Loss Net Of…
-31-32-32-30-30-30-31-33-33-33-33-30
Stockholders Equity
7,0357,0687,0877,2116,7276,8466,8576,7266,3166,1996,1786,375
Minority Interest
40434143101107103109105112107114
Liabilities And Stockholders Equity
32,57730,69130,03229,89329,23527,23626,10326,31025,70124,84824,66124,434
Sale Leaseback Transaction Accumulated Depreciatio…
--111---269---265-
Finite Lived Intangible Assets Accumulated Amortiz…
--1,058---926---886-
Stockholders Equity Inclu…
Common Stock Shares Authorized
300300300300150150150150150150150150
Common Stock Shares Issued
121121121120119119119114114114114113
Treasury Stock Common Shares
000000000000

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
2026-2.04%6.15%4.16%---------
2025-1.92%-4.27%-0.01%-3.46%-6.27%-0.48%1.58%-1.17%3.04%-2.53%4.26%-0.52%
20242.37%-0.57%9.50%-1.15%2.51%-0.17%4.00%-5.72%-4.84%0.64%1.38%-0.58%
2023-------2.54%-5.37%-7.37%5.80%7.81%15.02%

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Performance and Valuation Metrics

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Metrics
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
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Liquidity Ratios
Current Ratio
0.59
0.60
0.54
0.67
0.52
0.50
0.59
0.71
0.66
0.58
0.67
1.10
Quick Ratio
0.59
0.60
0.54
0.67
0.52
0.50
0.59
0.71
0.66
0.58
0.67
1.10
Working Capital
-1.37B
-1.08B
-1.46B
-964.82M
-1.64B
-1.58B
-1.15B
-932.78M
-1.06B
-1.27B
-962.38M
193.60M
Leverage & Debt
Debt to Equity
0.48
0.38
0.45
0.41
0.51
0.46
0.42
0.48
0.49
0.48
0.46
0.31
Interest Coverage TTM
2.46
2.58
2.53
2.56
2.56
2.60
2.68
2.71
2.71
2.45
2.49
2.51
Debt Ratio
0.10
0.09
0.11
0.10
0.12
0.12
0.11
0.12
0.12
0.12
0.12
0.08
Efficiency & Turnover
Asset Turnover TTM
0.18
0.19
0.19
0.19
0.19
0.20
0.20
0.20
0.20
0.19
0.20
0.20
Per Share Metrics
Diluted EPS TTM
5.11
5.27
5.05
4.94
4.80
4.95
5.24
5.26
5.34
4.57
4.41
4.16
Free Cash Flow Per Share TTM
-16.00
-15.50
-14.28
-13.44
-12.79
-11.49
-11.63
-12.22
-11.64
-11.35
-11.93
-12.48
Dividend Per Share TTM
6.18
6.11
6.17
6.11
5.94
5.82
6.05
6.04
5.99
5.96
5.95
5.93
Margin Metrics
Gross Profit Margin TTM
62.70%
63.53%
63.79%
64.03%
64.14%
64.56%
64.44%
64.11%
63.49%
62.66%
61.83%
60.28%
Operating Profit Margin TTM
20.52%
20.92%
19.99%
19.43%
18.96%
19.26%
19.75%
19.95%
19.86%
17.88%
17.56%
16.70%
Net Profit Margin TTM
11.45%
11.95%
11.55%
11.36%
11.13%
11.37%
11.88%
12.26%
12.66%
11.09%
10.68%
10.04%
Growth Metrics
Net Revenue Growth (1Y)
5.69%
4.84%
4.20%
5.70%
7.47%
10.69%
9.13%
6.52%
7.57%
4.84%
8.59%
14.58%
Net Income Growth (1Y)
8.76%
10.21%
1.27%
-2.06%
-5.52%
13.40%
21.38%
30.07%
52.54%
12.60%
3.71%
-12.27%
EPS Growth (1Y)
7.15%
8.60%
-3.67%
-6.89%
-10.13%
7.73%
20.95%
29.77%
52.16%
12.34%
3.49%
-12.47%
Valuation Metrics
P/E TTM
20.23
18.42
16.75
17.13
17.43
18.18
14.81
15.13
12.84
14.72
14.51
15.59
P/B TTM
1.83
1.69
1.46
1.43
1.52
1.57
1.34
1.39
1.26
1.22
1.16
1.16
P/S TTM
2.32
2.20
1.93
1.95
1.94
2.07
1.76
1.86
1.63
1.63
1.55
1.57
Market Cap
12.86B
12.01B
10.33B
10.33B
10.19B
10.76B
9.02B
9.32B
7.95B
7.68B
7.28B
7.38B
Enterprise Value
24.22B
23.00B
20.88B
20.77B
20.44B
20.48B
18.44B
17.95B
16.53B
16.01B
16.30B
15.95B
Calculated Values
Free Cash Flow TTM
-1.94B
-1.88B
-1.71B
-1.61B
-1.53B
-1.37B
-1.32B
-1.39B
-1.32B
-1.29B
-1.35B
-1.42B
Net Debt
11.36B
10.99B
10.56B
10.45B
10.24B
9.72B
9.42B
8.63B
8.58B
8.33B
9.02B
8.57B
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
PEG Ratio
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
EV Revenue TTM
EV FCF TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-05-13Sale
Owner: Tetlow, Jacob
Title: -
Shares: 6,567
Price/Share: $99.00
Value: $650,133.00
Shares Owned: 6,634
Relationship: Other
Ownership: Direct
2025-08-11Sale
Owner: Tetlow, Jacob
Title: -
Shares: 6,496
Price/Share: $92.37
Value: $600,035.52
Shares Owned: 56
Relationship: Other
Ownership: Direct
2025-05-06Sale
Owner: Mountain, Paul J
Title: VP, Finance and Planning
Shares: 1,503
Price/Share: $93.94
Value: $141,191.82
Shares Owned: 3,421
Relationship: Officer
Ownership: Indirect
2025-03-03Sale
Owner: Tetlow, Jacob
Title: -
Shares: 2,272
Price/Share: $93.42
Value: $212,250.24
Shares Owned: 56
Relationship: Other
Ownership: Direct
2024-11-13Sale
Owner: Tetlow, Jacob
Title: -
Shares: 9,474
Price/Share: $90.80
Value: $860,239.20
Shares Owned: 56
Relationship: Other
Ownership: Direct

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Institutional Ownership

No data available for chart
2026-03-31
100.79%
Inst. Shares: 122,322,651
Shares Outstanding: 121,360,000
2025-12-31
99.03%
Inst. Shares: 118,531,628
Shares Outstanding: 119,687,000
2025-09-30
95.36%
Inst. Shares: 114,074,570
Shares Outstanding: 119,623,000
2025-06-30
95.46%
Inst. Shares: 114,095,474
Shares Outstanding: 119,517,000
2025-03-31
91.45%
Inst. Shares: 109,373,441
Shares Outstanding: 119,594,000

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. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), PINNACLE WEST CAPITAL CORP reported a 5.69% year-over-year revenue growth, a Gross Profit Margin of 62.70% (TTM), a Debt-to-Equity ratio of 0.48x, a Price-to-Sales (P/S) ratio of 2.32x (TTM), a Price-to-Book (P/B) ratio of 1.83x (TTM), at a market cap of $12.86B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
5.69%
Gross Profit Margin TTM
62.70%
Debt To Equity
0.48x
P/S TTM
2.32x
P/B TTM
1.83x
Market Cap
$12.86B

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 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 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.

Wall Street's data.
Main Street's price.