Pinnacle West Capital Corporation (PNW) Financial Statements

Historical financial data — 39 statements covering FY2017–FY2025

Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility serving approximately 1.4 million customers across a 35,000-square-...

Pinnacle West Capital Corporation's revenue increased 4.2% year over year, from $5.12B to $5.34B.

Net income increased 1.3% over the same period, from $608.8M to $616.5M.

Over the 8-year period from FY2017 to FY2025, revenue grew by 50% in total.

Total debt increased by 15.5% to $9.96B.

The debt-to-equity ratio stands at 1.41, indicating a elevated leverage profile.

Operating cash flow grew 12.1% to $1.81B.

Pinnacle West Capital Corporation maintains a healthy net profit margin of 11.5%.

Recent Financial Statements

PeriodRevenueNet IncomeGross ProfitEBITOp. Cash FlowTotal AssetsTotal DebtEquity
Q3 FY2023$3.70B+79.2%$501.6M$750.3M$750.3M$833.9M$24.43B$8.59B$6.37B
Q1 FY2024$951.7M-74.3%$16.9M$66.8M$66.8M$347.4M$24.85B$8.34B$6.20B
Q2 FY2024$2.26B+137.5%$220.7M$380.5M$380.5M$537.1M$25.70B$8.59B$6.21B
Q3 FY2024$4.03B+78.2%$615.6M$927.5M$927.5M$1.17B$26.31B$8.68B$6.62B
Q1 FY2025$1.03B-74.4%$-4.6M$57.2M$57.2M$401.9M$27.24B$8.93B$6.74B
Q2 FY2025$2.39B+131.6%$187.9M$364.8M$364.8M$663.3M$29.24B$9.91B$6.73B
Q3 FY2025$4.21B+76.1%$601.1M$946.6M$946.6M$1.33B$29.89B$9.88B$7.17B
Q1 FY2026$1.15B-72.7%$32.9M$131.2M$131.2M$235.3M$30.69B$10.40B$7.07B

Balance Sheet Summary (Latest Period)

Total Assets
$30.03B
Total Liabilities
$22.99B
Total Equity
$7.05B
Cash & Equivalents
$6.6M
Total Debt
$9.96B
Current Assets
$1.70B
Current Liabilities
$3.16B
Retained Earnings
$3.85B
Current Price: $97.69
Market Cap: $11.8B
Sector: Utilities