Pinnacle West Capital Corporation (PNW)
| Market Cap | 12.32B +10.8% |
| Revenue (ttm) | 5.46B +4.8% |
| Net Income | 654.10M +11.4% |
| EPS | 5.32 +6.5% |
| Shares Out | 121.03M |
| PE Ratio | 19.15 |
| Forward PE | 20.74 |
| Dividend | $3.64 (3.58%) |
| Ex-Dividend Date | May 4, 2026 |
| Volume | 1,763,798 |
| Open | 101.82 |
| Previous Close | 102.63 |
| Day's Range | 100.64 - 104.20 |
| 52-Week Range | 85.32 - 104.92 |
| Beta | 0.45 |
| Analysts | Hold |
| Price Target | 100.38 (-1.41%) |
| Earnings Date | May 4, 2026 |
About PNW
Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using nuclear, gas, oil, coal, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables. The company also owns and maintains substations, including transmission and distribution yards; and owns ener... [Read more]
Financial Performance
In 2025, Pinnacle West Capital's revenue was $5.34 billion, an increase of 4.20% compared to the previous year's $5.12 billion. Earnings were $616.53 million, an increase of 1.27%.
Financial StatementsAnalyst Summary
According to 14 analysts, the average rating for PNW stock is "Hold." The 12-month stock price target is $100.38, which is a decrease of -1.41% from the latest price.
News
Pinnacle West Capital Earnings Call Transcript: Q1 2026
Q1 2026 saw strong EPS growth, driven by higher transmission revenue, robust customer and sales growth, and lower O&M. Infrastructure investments and subscription model contracts are supporting Arizona's rapid economic and industrial expansion.
Pinnacle West Reports 2026 First-Quarter Financial Results
PHOENIX--(BUSINESS WIRE)--Pinnacle West reports first-quarter 2026 financial results driven by hotter-than-normal weather.
Pinnacle West Declares Quarterly Dividend
PHOENIX--(BUSINESS WIRE)--Pinnacle West declared a quarterly dividend of $0.91 per share of common stock, payable on June 1, 2026, to shareholders of record on May 4, 2026.
Pinnacle West Sets Date for 2026 First-Quarter Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West plans to release its 2026 first-quarter financial results before U.S. financial markets open on Monday, May 4, 2026.
Pinnacle West Capital Earnings Call Transcript: Q4 2025
Delivered strong 2025 results with robust sales and customer growth, despite weather-driven EPS decline. 2026 guidance and long-term growth outlook reaffirmed, with major infrastructure and regulatory initiatives underway to support Arizona's rapid economic expansion.
Pinnacle West posts quarterly profit on higher rates, robust power demand
Pinnacle West Capital reported a profit in the fourth quarter on Wednesday, compared with a year-ago loss, as the U.S. utility benefited from robust demand for power and higher electricity rates.
Pinnacle West Reports 2025 Full-Year and Fourth-Quarter Results
PHOENIX--(BUSINESS WIRE)--Pinnacle West 2025 financial results positively impacted by robust customer and sales growth.
Pinnacle West Sets Date for 2025 Fourth-Quarter and Full-Year Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital plans to release its 2025 fourth-quarter & full-year financial results before U.S. financial markets open on Feb. 25, 2026.
Pinnacle West Capital Earnings Call Transcript: Q3 2025
Q3 2025 saw strong financial and operational results, with EPS up year-over-year and robust sales growth across all customer classes. 2025 EPS guidance was raised, and long-term sales and rate-based growth outlooks were increased, supported by major investments and a diversified customer base.
Pinnacle West quarterly profit rises on robust electricity demand
Pinnacle West Capital reported a rise in third-quarter profit on Monday, boosted by rising power demand due to scorching summer heat, lower operations and maintenance costs, and customer additions.
Pinnacle West Reports 2025 Third-Quarter Financial Results
PHOENIX--(BUSINESS WIRE)--Pinnacle West releases third-quarter 2025 earnings.
APS Uses ‘Growth Pays for Growth' Model to Develop New Natural Gas Plant
PHOENIX--(BUSINESS WIRE)--Arizona Public Service announced plans to build the Desert Sun Power Plant, a new natural gas facility designed to meet Arizona's growing needs.
Pinnacle West Sets Date for 2025 Third-Quarter Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. plans to release its 2025 third-quarter financial results before U.S. financial markets open on Monday, Nov. 3, 2025.
Pinnacle West Capital Earnings Call Transcript: Q2 2025
Second quarter EPS was $1.58, down year-over-year, but sales and customer growth remain robust, supporting a strong outlook. Major infrastructure and transmission investments are underway, with a new pipeline and rate case to address future growth and reliability.
Arizona Utilities Work to Lock in Critical Natural Gas Delivery to Power Growth
PHOENIX & TUCSON, Ariz.--(BUSINESS WIRE)--Arizona utilities announce commitment plans for Transwestern Pipeline's Desert Southwest expansion project.
Pinnacle West Reports Lower 2025 Second-Quarter Financial Results Compared to a Year Ago
PHOENIX--(BUSINESS WIRE)--Pinnacle West reported lower 2025 second-quarter financial results than it did in the same period a year ago.
Ex-Dividend Reminder: NRG Energy, Emera And Pinnacle West Capital
On 8/1/25, NRG Energy, Emera, and Pinnacle West Capital will all trade ex-dividend for their respective upcoming dividends. NRG Energy will pay its quarterly dividend of $0.44 on 8/15/25, Emera will p...
Pinnacle West Sets Date for 2025 Second-Quarter Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. plans to release its 2025 second-quarter financial results before the U.S. financial markets open on Wed., Aug. 6, 2025.
Pinnacle West Capital Earnings Call Transcript: Q1 2025
Q1 2025 EPS was a loss of $0.04, mainly due to the absence of a prior one-time gain, while customer and C&I growth remained strong. Guidance for sales, O&M, and capital plans is reaffirmed, with major investments and regulatory changes supporting long-term growth.
Pinnacle West Reports Lower 2025 First-Quarter Financial Results
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital reports 2025 first-quarter financial results that are in line with company's expectations.
Pinnacle West Sets Date for 2025 First-Quarter Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital plans to release its 2025 first-quarter financial results before the U.S. financial markets open on Thursday, May 1, 2025.
Extra Eyes: APS, Firefighters Team Up With New AI Smoke-Detection Cameras
PHOENIX--(BUSINESS WIRE)--Arizona Public Service's new artificial intelligence (AI) cameras are proactively searching 24/7 for early signs of wildfires in targeted areas.
Pinnacle West Capital Earnings Call Transcript: Q4 2024
Full-year 2024 EPS rose to $5.24, exceeding guidance, driven by strong sales and customer growth, especially in the C&I segment. Regulatory progress, major infrastructure expansion, and a focus on cost management support reaffirmed 5%-7% long-term EPS growth guidance.
Pinnacle West Reports 2024 Full-Year and Fourth-Quarter Results
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital reports strong year-end results with year-over-year retail customer growth increasing a robust 2.1%.
Pinnacle West Sets Date for 2024 Fourth-Quarter and Full-Year Financial Results, Webcast/Conference Call
PHOENIX--(BUSINESS WIRE)--Pinnacle West plans to release its 2024 fourth-quarter and full-year financial results before U.S. financial markets open on Tuesday, Feb. 25, 2025.