Pinnacle West Capital Corporation (PNW)
NYSE: PNW · Real-Time Price · USD
104.22
+0.39 (0.38%)
Nov 6, 2026, 4:00 PM EST - Market closed

Pinnacle West Capital Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
5,7065,3405,1254,6964,3243,804
Revenue Growth
7.52%4.20%9.13%8.59%13.69%6.05%
Net Income
661.14616.53608.81501.56483.6618.72
Earnings Per Share
5.345.055.244.414.265.47
EPS Growth
8.65%-3.63%18.82%3.52%-22.12%12.32%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Residential Retail Electric Service
2,6992,5412,5632,2892,0461,913
Non-Residential Retail Electric Service
2,7722,5432,3352,0481,7681,587
Wholesale Energy Sales
89.77108.6696.86208.99383.13187.64
Transmission Services for Others
122.73129.67119.04138.63116.6399.29
Other Sources
22.9517.3611.2710.7610.916.65
Revenue (Total)
5,7065,3405,1254,6964,3243,804

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
11.126.63.844.964.839.97
Total Debt
16,96714,30011,04810,3038,8778,185
Net Cash (Debt)
-16,956-14,293-11,045-10,298-8,872-8,175
Net Cash Growth
------
Net Cash Per Share
-137.04-117.18-95.02-90.49-78.23-72.22

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,8291,8051,6101,2081,241860.01
Capital Expenditures
-2,809-2,672-2,297-1,890-1,736-1,495
Free Cash Flow
-979.36-867.26-687.64-682.24-494.08-634.51
Free Cash Flow Growth
------

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Pretax Margin
13.72%13.83%14.37%12.69%13.31%19.61%
Profit Margin
11.59%11.55%11.88%10.68%11.18%16.27%
FCF Margin
-17.16%-16.24%-13.42%-14.53%-11.43%-16.68%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
3.7003.5953.5353.4753.4153.340
Dividend Per Share Growth
1.67%1.70%1.73%1.76%2.25%5.11%
Dividend Yield
3.55%4.09%4.37%4.84%4.49%4.74%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
19.5117.2215.8316.2417.7912.87
Forward PE
18.8718.9318.9415.0317.5817.16
PS Ratio
2.211.991.881.741.992.09