Pinnacle West Capital

Utilities Multi-Utilities Phoenix, Arizona Last filing Feb 25, 2026 · FY2025

                    Revenue
                    FY2025
                
$5.3B
                    3y CAGR +7.3%
                    
                    P83
                    
                    n/a
                    
                    Net income
                    FY2025
                
$631.6M
                    Net margin +11.8%
                    
                    P33
                    
                    n/a
                    
                    Total assets
                    FY2025
                
$30.0B
                    ROA +2.1%
                    
                    P16
                    
                    n/a
                    
                    Operating cash flow
                    FY2025
                
$1.8B
                    FCF margin -15.3%
                    
                    P38
                    
                    n/a

18 yrs · FY2008–FY2025 8 filed · 1 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s revenue.

Balance Sheet

Assets, liabilities, and equity

21 accounts · 1 year

Total assets $30.0B

Total liabilities ~$23.0B

Shareholders equity $7.0B

Account	2025	Trend
Assets
Cash and Cash Equivalents	0.1%
Accounts Receivable	10.9%
Other Current Assets	20.9%
Total Current Assets	31.9%
Property,Plant and Equipment	388.0%
Regulatory Assets	27.4%
Other Noncurrent Assets	115.1%
Total Assets	562.4%
Liabilities
Current Portion of Long Term Debt	25.4%
Other Current Liabilities	33.8%
Total Current Liabilities	59.2%
Long Term Debt	172.4%
Regulatory Liabilities	32.5%
Other Noncurrent Liabilities	165.6%
Equity
Total Stockholders Equity	132.0%
Common Stock	60.5%
Retained Earnings	72.1%
Treasury Stock	0.1%
Accumulated Other Comprehensive Income	-0.6%
Noncontrolling Interest	0.8%
Total Liabilitiesand Equity	562.4%

Income Statement

Revenue, expense, and profitability

13 accounts · 1 year

Revenue $5.3B

Operating income $1.1B

Net income $631.6M

Account	2025	Trend
IncomeStatement
Revenues Total Revenue	100.0%
Expenses Cost of Revenue	36.2%
Expenses Selling,General and Administrative	22.2%
Expenses Depreciation and Amortization	17.1%
Expenses Other Operating Expenses	4.5%
Other Income Expense Operating Income	20.0%
Other Income Expense Interest Expense	7.9%
Income Tax Income Tax Expense	2.0%
net Income Other Items Below Tax	1.5%
net Income net Income	11.8%
Earnings Per Share Basic Eps	0.0%
Earnings Per Share Diluted Eps	0.0%
Earnings Per Share Weighted Average Shares Diluted	2.3%

Cash Flow Statement

Operating, investing, and financing flows

14 accounts · 1 year

Operating cash flow $1.8B

Investing cash flow $-2.4B

Financing cash flow $576.3M

Account	2025	Trend
CashFlow
Operating Activities net Cash From Operating Activities	33.8%
Operating Activities net Income	11.8%
Operating Activities Depreciation and Amortization	26.8%
Operating Activities Stock Based Compensation	0.5%
Operating Activities Other Non Cash Items	-5.4%
Investing Activities Capital Expenditures	-49.2%
Investing Activities Other Investing Activities	4.6%
Investing Activities net Cash From Investing Activities	-44.5%
Financing Activities Proceeds From Debt	43.4%
Financing Activities Repayment of Debt	-26.2%
Financing Activities Dividends Paid	-7.9%
Financing Activities Other Financing Activities	1.5%
Financing Activities net Cash From Financing Activities	10.8%
Cash Reconciliation net Change In Cash	0.1%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 1 year

Ratio	2025
Profitability
Gross margin	+63.8%
Operating margin	+20.0%
Net margin	+11.8%
FCF margin	-15.3%
Growth
Revenue CAGR (3y)	+7.3%
Returns
ROE	+9.0%
ROA	+2.1%
ROIC	+6.1%
Liquidity
Current ratio	0.54x
Quick ratio	0.19x
Leverage
D/E	3.26x
Interest coverage	2.53x
Efficiency
Asset turnover	0.18x
Cash conversion cycle	—

Valuation

Price against fundamentals

FY2025 fundamentals · no price

No price data cached, so there is nothing to multiply. Load prices from the Stock Data tab and this panel reprices itself.

Notes

Your annotations

Not watched

Pinnacle West Capital

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Recent price history