Pinnacle West Capital Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	6.6	3.84	4.96	4.83	9.97
Cash & Short-Term Investments	6.6	3.84	4.96	4.83	9.97
Cash Growth	72.07%	-22.54%	2.55%	-51.53%	-83.38%
Accounts Receivable	728.03	677.66	659.01	594.2	500.55
Other Receivables	5.98	-	0.33	14.09	7.51
Total Trade Receivables	734.01	677.66	659.34	608.28	508.06
Inventory	858.01	699.66	660.92	655.97	573.65
Short-Term Regulatory Assets	286.01	420.97	625.76	538.88	518.52
Other Current Assets	111.94	85.49	143.36	147.93	147.38
Total Current Assets	1,704	1,689	1,927	1,751	1,551
Net Property, Plant & Equipment	23,690	20,114	18,924	17,297	16,498
Special Use Funds	1,849	1,691	1,564	1,421	1,653
Other Intangible Assets	575.98	591.31	267.11	258.88	273.69
Long-Term Regulatory Assets	1,463	1,389	1,390	1,283	1,193
Other Long-Term Assets	645.77	529.3	489.75	612.95	728.48
Total Assets	30,032	26,103	24,661	22,723	22,003
Accounts Payable	680.2	485.43	442.46	430.43	393.08
Accrued Expenses	292.24	257.66	239.75	225.66	225.98
Short-Term Debt	757.01	568.45	609.5	340.72	292
Current Portion of Long-Term Debt	600	800	875	50.69	150
Short-Term Regulatory Liabilities	210.91	206.96	209.92	271.58	296.27
Other Current Liabilities	432.08	424.94	444.84	337.87	299.1
Total Current Liabilities	3,161	2,844	2,889	1,762	1,757
Long-Term Debt	9,206	8,059	7,541	7,741	6,914
Long-Term Leases	3,548	1,521	1,210	639.25	728.4
Long-Term Regulatory Liabilities	1,736	1,855	1,966	2,062	2,499
Other Long-Term Liabilities	5,293	4,967	4,770	4,359	4,084
Total Long-Term Liabilities	19,783	16,401	15,487	14,801	14,225
Total Liabilities	22,945	19,245	18,376	16,564	15,982
Common Stock	3,231	3,122	2,753	2,725	2,703
Treasury Stock	-3.32	-3.32	-8.19	-5.01	-6.4
Accumulated Other Comprehensive Income	-32.41	-30.94	-33.14	-31.44	-54.86
Retained Earnings	3,851	3,667	3,466	3,360	3,265
Minority Interest	40.62	103.17	107.2	111.23	115.26
Shareholders' Equity	7,046	6,754	6,178	6,049	5,906
Total Liabilities & Equity	30,032	26,103	24,661	22,723	22,003
Total Debt	14,111	10,948	10,235	8,772	8,084
Net Cash (Debt)	-14,104	-10,944	-10,230	-8,767	-8,074
Net Cash Per Share	-115.64	-94.16	-89.89	-77.30	-71.33
Book Value	7,046	6,754	6,178	6,049	5,906
Book Value Per Share	57.77	58.11	54.28	53.33	52.18
Tangible Book Value	6,470	6,163	5,911	5,790	5,633
Tangible Book Value Per Share	53.05	53.02	51.94	51.05	49.76

Updated Feb 25, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q