Pinnacle West Capital Corp
PNW
97.54
-0.50
-0.51%
Pinnacle West Capital Corp
US · PNW
#1348 by market cap
Listed 1970
97.54
-0.50
-0.51%
Live - 5344 symbols - heartbeat 110s ago
· 2026-10-08 08:34
Pre-market
97.54
0.00%
After-hours
97.54
0.00%
Overnight
97.90
+0.37%
- Market cap
- 11.82B
- P/E (TTM)i
- 18.72
- P/Bi
- 1.68
- EPSi
- 5.05
- Div yieldi
- 3.72%
- 52W posi
- 52%
Reader sentiment
Are you bullish or bearish on PNW?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 0.73, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +4.20% YoY
Margins
- Gross margin
- 41.60%
- Operating margin
- 19.99%
- Net margin
- 11.55%
Key ratios & quality
- Enterprise valuei
- 22.57B
- PEG ratioi
- 2.22
- Altman Z-Scorei
- 0.73
PEG uses trailing P/E against the 3-year net income growth rate (8.43%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.69B | 3.47B | 3.59B | 3.80B | 4.32B | 4.70B | 5.12B | 5.34B |
| Gross profit | 1.58B | 1.49B | 1.63B | 1.70B | 1.71B | 1.84B | 2.14B | 2.22B |
| Selling & admin expenses | -- | -- | -- | -- | -- | -- | -- | -- |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 773.69M | 671.96M | 788.15M | 805.31M | 731.91M | 824.64M | 1.01B | 1.07B |
| Pretax profit | 664.44M | 542.04M | 648.23M | 746.03M | 575.65M | 595.69M | 736.56M | 738.37M |
| Tax | 133.90M | -15.77M | 78.17M | 110.09M | 74.83M | 76.91M | 110.53M | 106.73M |
| Net profit | 530.54M | 557.81M | 570.05M | 635.94M | 500.83M | 518.78M | 626.03M | 631.64M |
| Basic EPS | 5 | 5 | 5 | 5 | 4 | 4 | 5 | 5 |
| Diluted EPS | 4.54 | 4.77 | 4.87 | 5.47 | 4.26 | 4.41 | 5.24 | 5.05 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 1.03B | 1.36B | 1.82B | 1.13B | 1.15B | 1.46B |
| Gross profit | 352.10M | 595.14M | 865.16M | 409.06M | 436.17M | 613.86M |
| Selling & admin expenses | -- | -- | -- | -- | -- | -- |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 57.22M | 307.55M | 581.85M | 121.01M | 131.17M | 305.67M |
| Pretax profit | -6.52M | 231.89M | 495.41M | 17.59M | 36.28M | 212.07M |
| Tax | -6.18M | 35.02M | 77.89M | -3.00K | 1.17M | 31.30M |
| Net profit | -338.00K | 196.87M | 417.51M | 17.60M | 35.11M | 180.77M |
| Basic EPS | 0 | 2 | 3 | 0 | 0 | 1 |
| Diluted EPS | -0.04 | 1.58 | 3.39 | 0.13 | 0.27 | 1.43 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 924.99M | 1.03B | 1.20B | 1.55B | 1.75B | 1.93B | 1.69B | 1.70B |
| Cash & ST investments | 5.77M | 10.28M | 59.97M | 9.97M | 4.83M | 4.96M | 3.84M | 6.60M |
| Inventory | 294.09M | 345.92M | 334.30M | 367.17M | 450.64M | 493.55M | 501.44M | 565.15M |
| Total assets | 17.66B | 18.48B | 20.02B | 22.00B | 22.72B | 24.66B | 26.10B | 30.03B |
| Total current liabilities | 1.65B | 2.08B | 1.36B | 1.76B | 1.76B | 2.89B | 2.84B | 3.16B |
| Short-term debt | 576.40M | 927.39M | 243.79M | 542.44M | 496.62M | 1.55B | 1.47B | 1.55B |
| Long-term debt | 4.64B | 4.83B | 6.31B | 6.91B | 7.74B | 7.54B | 8.06B | 9.21B |
| Total liabilities | 12,315,497,000.00 | 12,926,059,000.00 | 14,267,628,000.00 | 15,981,762,000.00 | 16,563,529,000.00 | 18,376,291,000.00 | 19,245,282,000.00 | 22,944,524,000.00 |
| Total equity | 5.35B | 5.55B | 5.75B | 6.02B | 6.16B | 6.28B | 6.86B | 7.09B |
| Retained earnings | 2.64B | 2.84B | 3.03B | 3.26B | 3.36B | 3.47B | 3.67B | 3.85B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.59B | 1.79B | 2.00B | 1.70B | 1.61B | 2.00B |
| Cash & ST investments | 10.05M | 18.84M | 30.89M | 6.60M | 6.41M | 9.12M |
| Inventory | 504.21M | 526.94M | 538.69M | 565.15M | 563.15M | 625.24M |
| Total assets | 27.24B | 29.24B | 29.89B | 30.03B | 30.69B | 32.58B |
| Total current liabilities | 3.17B | 3.43B | 2.97B | 3.16B | 2.70B | 3.37B |
| Short-term debt | 1.79B | 1.95B | 1.48B | 1.55B | 1.33B | 1.79B |
| Long-term debt | 8.06B | 8.51B | 9.20B | 9.21B | 9.80B | 9.78B |
| Total liabilities | 20,390,496,000.00 | 22,407,241,000.00 | 22,681,812,000.00 | 22,944,524,000.00 | 23,579,659,000.00 | 25,501,787,000.00 |
| Total equity | 6.85B | 6.83B | 7.21B | 7.09B | 7.11B | 7.08B |
| Retained earnings | 3.66B | 3.64B | 4.05B | 3.85B | 3.88B | 3.84B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1.28B | 956.73M | 966.37M | 860.01M | 1.24B | 1.21B | 1.61B | 1.81B |
| Depreciation & amortization | 650.96M | 664.14M | 686.25M | 719.14M | 817.81M | 854.14M | 956.18M | 969.62M |
| Free cash flow | 98.98M | -234.72M | -360.22M | -613.46M | -466.05M | -638.67M | -639.37M | -819.52M |
| Dividends paid | -308.89M | -329.64M | -350.58M | -369.48M | -378.88M | -386.49M | -394.66M | -422.79M |
| Stock buybacks / issuance | -5.06M | 692.00K | -1.39M | -2.35M | -2.65M | -4.09M | 341.43M | 84.61M |
| Ending cash balance | 5.77M | 10.28M | 59.97M | 9.97M | 4.83M | 4.96M | 3.84M | 6.60M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 401.90M | 261.43M | 664.99M | 476.78M | 235.30M | 393.98M |
| Depreciation & amortization | 250.65M | 241.57M | 239.42M | 237.97M | 259.84M | 257.41M |
| Free cash flow | -220.66M | -448.09M | 41.96M | -192.74M | -393.07M | -334.69M |
| Dividends paid | -104.93M | -105.22M | -105.31M | -107.33M | -108.46M | -110.28M |
| Stock buybacks / issuance | -6.38M | 215.00K | 15.59M | 75.19M | -7.42M | 113.00K |
| Ending cash balance | 10.05M | 18.84M | 30.89M | 6.60M | 6.41M | 9.12M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 9.99 | 10.11 | 9.95 | 10.72 | 8.09 | 8.20 | 9.42 | 8.93 |
| ROA %i | 2.95 | 2.98 | 2.86 | 2.94 | 2.16 | 2.12 | 2.40 | 2.20 |
| ROIC %i | 6.65 | 6.36 | 6.23 | 6.09 | 4.82 | 4.88 | 5.30 | 4.92 |
| 5-year avg ROE %i | 9.68 | 9.85 | 9.89 | 10.15 | 9.77 | 9.42 | 9.28 | 9.07 |
| EBIT margin %i | 23.91 | 21.86 | 24.46 | 25.74 | 19.22 | 19.74 | 21.74 | 21.73 |
| FCF / sales %i | 2.68 | -- | -- | -- | -- | -- | -- | -- |
| Current ratioi | 0.56 | 0.50 | 0.88 | 0.88 | 0.99 | 0.67 | 0.59 | 0.54 |
| Quick ratioi | 0.25 | 0.20 | 0.36 | 0.29 | 0.35 | 0.23 | 0.24 | 0.23 |
| Debt / assetsi | 29.52 | 31.45 | 34.56 | 37.20 | 39.07 | 41.78 | 42.33 | 47.62 |
| LT debt / equityi | 88.81 | 89.94 | 118.50 | 129.39 | 138.55 | 141.65 | 141.83 | 181.00 |
| Interest coveragei | 4.04 | 3.50 | 3.83 | 4.20 | 3.25 | 2.80 | 2.95 | 2.75 |
| Revenue CAGR (3Y) %i | 1.83 | -0.26 | 0.20 | 1.01 | 7.60 | 9.40 | 10.45 | 7.28 |
| Net income CAGR (3Y) %i | 5.34 | 6.79 | 4.07 | 6.58 | -3.51 | -3.06 | -0.54 | 8.43 |
| FCF CAGR (3Y) %i | 75.73 | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 9.08 | 8.91 | 8.62 | 8.93 | 9.48 | 9.30 |
| ROA %i | 2.26 | 2.10 | 2.11 | 2.20 | 2.26 | 2.07 |
| ROIC %i | 5.05 | 4.66 | 4.68 | 4.92 | 4.96 | 4.63 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 20.95 | 20.67 | 21.13 | 21.73 | 22.43 | 22.05 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- |
| Current ratioi | 0.50 | 0.52 | 0.67 | 0.54 | 0.60 | 0.59 |
| Quick ratioi | 0.19 | 0.25 | 0.35 | 0.23 | 0.26 | 0.31 |
| Debt / assetsi | 44.54 | 47.90 | 47.66 | 47.62 | 49.34 | 50.67 |
| LT debt / equityi | 153.44 | 179.25 | 178.11 | 181.00 | 195.42 | 209.23 |
| Interest coveragei | 2.83 | 2.79 | 2.78 | 2.75 | 2.76 | 2.64 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Reulated electricity segment100.00%
Quote time 2026-10-08 08:34:26 · For reference only, not investment advice and not tailored to your situation.