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PNW

Pinnacle West Capital Corp
$107.73 -1.56 (-1.43%) At close · Jul 17
Market Cap
$13.06B
Shares
121,187,166

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue
$5.34B +4.2%
FY2025 Revenue FY2010–FY2025
Net Income
$631.64M +0.9%
FY2025 Net Income FY2010–FY2025
Gross Margin
70.85%
FY2018
Operating Margin
19.99% +0.2pp
FY2025 Operating Margin FY2010–FY2025
Diluted EPS
$5.05 -3.6%
FY2025 Diluted EPS FY2010–FY2025
Operating Cash Flow
$1.81B +12.1%
FY2025 Operating Cash Flow FY2010–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
$5.46B $5.34B $5.12B $4.7B $4.32B $3.8B $3.59B $3.47B $3.69B $3.57B $3.5B $3.5B $3.49B $3.45B $3.3B $3.24B $3.26B
$1.05B $1.08B
$2.51B $2.62B
70.85%
$157M $136M $90M $84M $80M $70M $66M $68M $72M $58M $58M $53M $53M $50M
$969.62M $956.18M $854.14M $817.81M $719.14M $686.25M $664.14M $650.96M $610.63M $565.01M $571.66M $496.49M $492.32M $481.26M $493.78M $472.81M
$50.19M $16.73M $16.73M $16.73M
$4.32B $4.27B $4.11B $3.87B $3.59B $3B $2.8B $2.8B $2.92B $2.63B $2.64B $2.64B $2.68B $2.61B $2.45B $2.49B $2.54B
$1.14B $1.07B $1.01B $824.64M $731.91M $805.31M $788.15M $671.96M $773.69M $934.43M $855.98M $854.6M $811.24M $846.32M $851.76M $746.51M $723.88M
19.99% 19.75% 17.56% 16.93% 21.17% 21.97% 19.36% 20.96% 26.21% 24.47% 24.45% 23.23% 24.5% 25.8% 23.03% 22.18%
$2.04B $1.97B $1.68B $1.55B $1.52B $1.47B $1.34B $1.42B $1.55B $1.42B $1.43B $1.31B $1.34B $1.33B $1.24B $1.2B
$443.02M $421.97M $377.47M $331.32M $255.54M $233.26M $228.97M $216.72M $218.29M $197.68M $185.75M $178.71M $185.49M $187.03M $199.65M $223.64M $227.64M
$14.92M $18.04M $24.32M $27.24M $7.33M $6.73M $12.21M $10.38M $8.65M $3.5M $884K $493K $1.01M $1.63M $1.24M $1.85M
$82.61M $92.71M $101.97M $102.38M $99.28M $173.98M $89.04M $86.8M $109.04M $29.48M $27.7M $18.01M $18.65M $11.26M $4.2M $16.37M $18.67M
$17.53M $26.72M $6.21M $0 $16.15M $8.39M $8.39M
$738.37M $644.4M $670.56M $656.31M $539.24M
$114.08M $106.73M $110.53M $76.91M $74.83M $110.09M $78.17M -$15.77M $133.9M $258.27M $236.41M $237.72M $220.71M $230.59M $237.32M $183.6M $164.32M
$667.1M $631.64M $626.03M $518.78M $500.83M $635.94M $570.05M $557.81M $530.54M $507.95M $461.53M $456.19M $423.7M $439.97M $413.16M $366.94M $350.05M
11.83% 12.22% 11.05% 11.58% 16.72% 15.89% 16.07% 14.37% 14.25% 13.19% 13.05% 12.13% 12.74% 12.51% 11.32% 10.73%
$13M $15.11M $17.22M $17.22M $17.22M $17.22M $19.49M $19.49M $19.49M $19.49M $19.49M $18.93M $26.1M $33.89M $31.62M $27.47M $20.16M
$654.1M $616.53M $608.81M $501.56M $483.6M $618.72M $550.56M $538.32M $511.05M $488.46M $442.03M $437.26M $397.6M $406.07M $381.54M $339.47M
$652.24M $615.07M $611.01M $499.85M $507.03M $626.66M $544.86M $528.93M $516.89M $487.28M $442.96M $460.65M $407.51M $442.03M $419.7M
USD/shares $5.15 $5.35 $4.42 $4.27 $5.48 $4.89 $4.79 $4.56 $4.37 $3.97 $3.94 $3.59 $3.69 $3.48 $3.11 $3.28
USD/shares $4.55 – $4.75 $5.05G $5.24 $4.41 $4.26 $5.47 $4.87 $4.77 $4.54 $4.35 $3.95 $3.92 $3.58 $3.66 $3.45 $3.09 $3.27
shares 119.69M 113.85M 113.44M 113.2M 112.91M 112.67M 112.44M 112.13M 111.84M 111.41M 111.03M 110.63M 109.98M 109.51M 109.05M 106.57M
shares 121.97M 116.23M 113.8M 113.42M 113.19M 112.94M 112.76M 112.55M 112.37M 112.05M 111.55M 111.18M 110.81M 110.53M 109.86M 107.14M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2010–FY2025: $4.09M in buybacks, $4.91B in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
4.30×
Utilities - Regulated Electric median 5.38×
EV/EBIT
20.54×
Utilities - Regulated Electric median 22.53×
P/E (TTM)
20.10×
Utilities - Regulated Electric median 22.54×

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Reportable Segment Aggregation Before Other Operating Segment $5,340,000,000 $5,125,000,000 $4,696,000,000 $4,324,000,000
Corporate And Other $0 $0 $0 $0

By Product & Service (USD)

Component 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Electric and Transmission Service $5,319,000,000 $5,073,000,000 $4,651,000,000 $4,302,000,000 $3,760,000,000 $3,533,000,000 $3,415,000,000 $3,644,000,000
Transmission Services $129,667,000 $119,038,000 $138,631,000 $116,628,000 $99,285,000 $65,859,000 $62,460,000 $60,261,000
Wholesale $108,661,000 $96,857,000 $208,985,000 $383,126,000 $187,640,000 $93,345,000
Other Services $17,355,000 $11,273,000 $10,763,000 $10,904,000 $16,646,000 $12,502,000 $16,308,000 $25,527,000
Key facts CIK 764622 CUSIP 723484101 13F (30d) 94 filings 90 filers Visit website Investor relations