PINNACLE WEST CAPITAL CORP PNW

Latest FY: 2025 Utilities Utilities - Regulated Electric
Market Price $98.00
Market Cap $11.88B
P/E Ratio 19.41
Quick Peer Compare (Utilities):
Revenue (FY 2025) ↑4.2% YoY
$5.34B
3-Yr CAGR: 7.3%
Net Income ↓-12.3% YoY
$15.11M
Net Margin: 0.3%
Free Cash Flow ↓-28.2% YoY
-$819.52M
FCF Yield: -6.90%
EPS (Diluted) ↓-3.6% YoY
$5.05
Basic: $5.15
Return on Equity Efficiency
0.2%
ROA: 0.1%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (PNW)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Div / Sh Div Yield Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $3,498.7M $2,423.2M $19.5M $3.95 $2.56 3.28% $1,023.4M $-252.1M
FY 2017 $3,565.3M +1.9% $2,584.0M $19.5M 0.0% $4.35 +10.1% $2.70 3.17% $1,118.0M $-290.7M -15.3%
FY 2018 $3,691.2M +3.5% $2,615.1M $19.5M 0.0% $4.54 +4.4% $2.87 3.37% $1,277.1M $99.0M +134.0%
FY 2019 $3,471.2M -6.0% $2,429.0M $19.5M 0.0% $4.77 +5.1% $3.04 3.38% $956.7M $-234.7M -337.2%
FY 2020 $3,587.0M +3.3% $2,593.6M $19.5M 0.0% $4.87 +2.1% $3.23 4.04% $966.4M $-360.2M -53.5%
FY 2021 $3,803.8M +6.0% $2,651.3M $17.2M -11.6% $5.47 +12.3% $3.36 4.76% $860.0M $-613.5M -70.3%
FY 2022 $4,324.4M +13.7% $2,695.0M $17.2M 0.0% $4.26 -22.1% $3.43 4.51% $1,241.4M $-466.0M +24.0%
FY 2023 $4,696.0M +8.6% $2,903.3M $17.2M 0.0% $4.41 +3.5% $3.49 4.86% $1,207.7M $-638.7M -37.0%
FY 2024 $5,124.9M +9.1% $3,302.3M $17.2M 0.0% $5.24 +18.8% $3.55 4.19% $1,609.8M $-639.4M -0.1%
FY 2025 $5,339.9M +4.2% $3,406.5M $15.1M -12.3% $5.05 -3.6% $3.61 4.07% $1,805.1M $-819.5M -28.2%
$

Valuation

Market Price $98.00
Market Cap $11.88B
Enterprise Value $21.68B
P/E Ratio 19.41
P/B Ratio 1.69
FCF Yield -6.90%
Dividend Yield 3.68%
Shares Outstanding 121,187,200
%

Profitability & Margins

Gross Margin 63.79%
Operating Margin 19.99%
Net Margin 0.28%
Return on Equity (ROE) 0.21%
Return on Assets (ROA) 0.05%
Asset Turnover 0.18x
Revenue 3-Yr CAGR 7.28%
🛡️

Financial Health & Liquidity

Current Ratio 0.54
Cash Ratio 0.00
Debt / Equity 1.392
Debt / Assets 0.327
Cash & Equivalents $6.60M
Total Debt $9.81B
Book Value / Share $58.15
💧

Cash Flow Efficiency

Operating Cash Flow $1.81B
Capital Expenditures (CapEx) $2.62B
Free Cash Flow -$819.52M
OCF / Revenue 33.80%
FCF / Revenue -15.35%
FCF 3-Yr CAGR N/A
🏷️

Per Share Metrics

EPS (Diluted) $5.05
EPS (Basic) $5.15
Dividends / Share $3.61
Book Value / Share $58.15
EPS YoY Growth -3.63%
🏛️

Balance Sheet (FY 2025)

Total Assets $30.03B
Total Liabilities $22.99B
Stockholders' Equity $7.05B
Current Assets $1.70B
Current Liabilities $3.16B