PNW - NYSE

Pinnacle West Capital Corporation

PNW·NYSE

$100.48

+1.1%

UtilitiesRegulated Electric

Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include approximately 5,814 pole miles of overhead lines and approximately 74 miles of underground lines; and distribution facilities comprise approximately 11,258 miles of overhead lines and approximately 22,821 miles of underground primary cable, as well as owns and maintains 475 transmission and distribution substations. The company also owns or leases approximately 6,323 megawatts of regulated generation capacity. It serves approximately 1.3 million customers. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$12.18B

EPS5.1500

P/E Ratio19.51

Earnings Date08/05/2026

31.68B

Assets

21%

3Y+39.0%

5Y+58.0%

10Y+98.0%

24.60B

Total Liabilities

28%

3Y+48.0%

5Y+72.0%

10Y+122.0%

7.09B

Total Equity

3Y+15.0%

5Y+23.0%

10Y+44.0%

Pinnacle West Capital Corporation Funding & Solvency Profile

PNW · NYSE

Current Assets

Cash & Cash Equivalents6.60M

Net Receivables734.01M

Inventory565.15M

Other Current Assets245.63M

Total Current Assets2 B

Non-Current Assets

Property, Plant & Equipment23.79B

Goodwill & Intangible Assets575.98M

Long-Term Investments1.85B

Other Non-Current Assets2.25B

Total Non-Current Assets28 B

Total Assets

31.68B

Financial Health Analysis

Current Ratio

0.49x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

3.47x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-1606385000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

5% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

Pinnacle West Capital Corporation Balance Sheet

PNW • NYSE

Pinnacle West Capital Corporation Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	6.6M	3.8M	5M	4.8M	10M	60M	10.3M	5.8M	13.9M	8.9M	39.5M	7.6M	9.5M	26.2M	33.6M	110.2M	145.4M	105.2M	56.3M	87.2M
Short-Term Investments	3.3M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	9.9M	3.8M	5M	4.8M	10M	60M	10.3M	5.8M	13.9M	8.9M	39.5M	7.6M	9.5M	26.2M	33.6M	110.2M	145.4M	105.2M	56.3M	87.2M
Net Receivables	734M	677.7M	659.3M	608.3M	508.1M	432.8M	408.1M	401M	415.1M	359.2M	368.4M	398.3M	529M	371.2M	412.1M	422M	432.7M	289.3M	451.2M	496M
Accounts Receivables	728M	500.8M	491.5M	429.4M	366.6M	313.6M	266.4M	267.9M	305.1M	250.5M	274.7M	297.7M	299.9M	277.2M	284.2M	324.2M	301.9M	292.7M	451.2M	496M
Other Receivables	6M	176.9M	167.9M	178.9M	141.5M	119.2M	141.7M	133.1M	109.9M	108.7M	93.7M	100.5M	229.1M	93.9M	128M	97.8M	130.8M	96.7M	0.0	0.0
Inventory	565.2M	501.4M	493.5M	450.6M	367.2M	334.3M	345.9M	294.1M	289.3M	282.6M	279.9M	256M	259.7M	249.4M	226.4M	203M	218.5M	253.7M	177.6M	147.8M
Prepaids	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-20.8M	0.0	-27.5M	73.8M	50.6M	0.0	97.4M	673.7M
Other Current Assets	245.6M	506.5M	769.1M	686.8M	665.9M	371.3M	265.7M	224.1M	298.1M	171.6M	202.7M	311.6M	245.4M	358.9M	284.4M	123M	81.5M	284.9M	66.2M	69.9M
Total Current Assets	1.6B	1.7B	1.9B	1.8B	1.6B	1.2B	1B	925M	1B	822.2M	890.5M	973.4M	1B	1B	956.5M	931.9M	928.7M	882.5M	947.4M	1.5B
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	23.8B	20.2B	19B	17.4B	16.6B	15.4B	14.4B	13.8B	13.2B	12.6B	11.7B	11.1B	10.7B	10.2B	9.8B	9B	9.1B	8.8B	8.3B	7.8B
Intangible Assets	576M	591.3M	267.1M	258.9M	273.7M	282.6M	290.6M	262.9M	257.2M	90M	124M	119.8M	157.7M	162.2M	170.6M	185M	164.4M	131.7M	105.7M	96.1M
Goodwill & Intangible Assets	576M	591.3M	267.1M	258.9M	273.7M	282.6M	290.6M	262.9M	257.2M	90M	124M	119.8M	157.7M	162.2M	170.6M	185M	164.4M	131.7M	105.7M	96.1M
Long-Term Investments	1.9B	1.7B	1.6B	1.4B	1.7B	1.4B	1.3B	1.1B	903.5M	779.6M	735.2M	713.9M	642M	570.6M	513.7M	469.9M	673.5M	910M	0.0	0.0
Tax Assets	1.7B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	2.3B	1.9B	1.9B	1.9B	1.9B	1.8B	1.5B	1.6B	1.7B	1.7B	1.6B	1.4B	934.1M	1.4B	1.7B	1.3B	1.3B	911M	1.8B	2.1B
Total Non-Current Assets	30.1B	24.4B	22.7B	21B	20.5B	18.8B	17.4B	16.7B	16B	15.2B	14.1B	13.3B	12.5B	12.4B	12.2B	11.4B	10.9B	10.7B	10.3B	10B
Total Assets	31.7B	26.1B	24.7B	22.7B	22B	20B	18.5B	17.7B	17B	16B	15B	14.3B	13.5B	13.4B	13.1B	12.4B	11.8B	11.6B	11.2B	11.5B
LIABILITIES
CURRENT LIABILITIES
Total Payables	976.8M	767.9M	709.1M	692.8M	657.7M	571.7M	579.3M	514.8M	483.1M	476.5M	505.4M	501.6M	478M	406M	447.3M	341.1M	344.6M	370.8M	323.3M	346M
Accounts Payable	680.2M	485.4M	442.5M	430.4M	393.1M	318.6M	346.4M	277.3M	256.4M	264.6M	297.5M	295.2M	284.5M	221.3M	327M	236.4M	240.6M	261M	323.3M	346M
Other Payables	296.6M	282.5M	266.6M	262.3M	264.6M	253.1M	232.9M	237.5M	226.6M	211.9M	208M	206.4M	193.5M	184.7M	120.3M	104.7M	104M	109.8M	0.0	0.0
Accrued Expenses	0.0	81.8M	72.9M	61.2M	57.3M	57M	53.5M	61.1M	56.4M	52.8M	56.3M	52.6M	48.4M	49.4M	54.9M	54.8M	54.6M	40.7M	516.7M	1.1B
Short Term Debt	1.5B	1.4B	1.5B	391.4M	442M	169M	914.7M	576.4M	177.4M	302.2M	357.6M	531M	693.5M	215M	477.4M	648.5M	457.2M	848.1M	504.4M	37.3M
Capital Lease Obligations (Current)	0.0	100.4M	67.9M	105.2M	100.4M	74.8M	12.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	175.9M	166.8M	164.4M	168.6M	159.6M	144.9M	154.8M	148.9M	139M	138.6M	140.6M	131M	124.9M	120.3M	104.7M	104M	109.8M	0.0	0.0
Deferred Revenue	0.0	44.3M	42M	41.8M	42.3M	48.3M	64.9M	91.2M	70.4M	82.5M	73.1M	72.3M	76.1M	79.7M	72.2M	159.5M	158.6M	150.5M	0.0	0.0
Other Current Liabilities	638.6M	481M	512.9M	469.8M	457.1M	439.7M	453.2M	405.5M	410.6M	378.9M	449.9M	401.6M	322.6M	333.4M	290.9M	337M	252.5M	246.2M	0.0	0.0
Total Current Liabilities	3.2B	2.8B	2.9B	1.8B	1.8B	1.4B	2.1B	1.6B	1.2B	1.3B	1.4B	1.6B	1.6B	1.1B	1.3B	1.3B	1.1B	1.5B	1.4B	1.5B
NON-CURRENT LIABILITIES
Long Term Debt	12.8B	8.1B	7.5B	7.7B	6.9B	6.3B	4.8B	4.6B	4.8B	4B	3.5B	3B	2.8B	3.2B	3B	2.9B	3.4B	3B	3.1B	3.2B
Deferred Revenue (Non-Current)	632.2M	569.3M	533.6M	422.1M	257.2M	221M	215.3M	137.2M	114M	88.7M	115.6M	123.1M	114.5M	109.4M	116.8M	63M	65.9M	70.8M	47.1M	92.4M
Deferred Tax Liabilities (Non-Current)	4.4B	2.7B	2.7B	2.6B	2.5B	2.3B	2.2B	2B	1.9B	3.2B	2.9B	2.8B	2.5B	2.3B	2B	1.9B	1.5B	1.4B	1.2B	1.2B
Other Non-Current Liabilities	69.7M	3.6B	3.5B	3.4B	3.8B	3.7B	3.6B	3.9B	3.9B	2.5B	2.4B	2.3B	2.1B	2.6B	2.6B	2.1B	2.6B	-4.4B	-4.4B	-4.5B
Total Non-Current Liabilities	21.4B	16.4B	15.5B	14.8B	14.2B	12.9B	10.8B	10.7B	10.7B	9.8B	8.9B	8.2B	7.5B	8.2B	7.8B	7.3B	7.4B	6.7B	6.3B	6.6B
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	186K	134K	267K
Capital Lease Obligations	3.5B	1.6B	1.3B	744.5M	828.8M	436.1M	64.6M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	65.5M	0.0	0.0	0.0	0.0	0.0
Total Liabilities	24.6B	19.2B	18.4B	16.6B	16B	14.3B	12.9B	12.3B	11.9B	11.1B	10.3B	9.8B	9.2B	9.3B	9.2B	8.6B	8.5B	8.2B	7.7B	8B
SHAREHOLDERS' EQUITY
Treasury Stock	-3.3M	-3.3M	-8.2M	-5M	-6.4M	-6.3M	-9.4M	-4.8M	-5.6M	-4.1M	-5.8M	-3.4M	-4.3M	-4.2M	-4.7M	-2.2M	-3.8M	-2.9M	-2.1M	-449K
Common Stock	3.2B	3.1B	2.8B	2.7B	2.7B	2.7B	2.7B	2.6B	2.6B	2.6B	2.5B	2.5B	2.5B	2.5B	2.4B	2.4B	2.1B	2.1B	2.1B	2.6B
Additional Paid-In Capital	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.6B	2.6B	2.6B	2.5B	2.5B	2.5B	2.5B	2.4B	2.4B	2.2B	2.2B	2.1B	2.1B
Retained Earnings	3.9B	3.7B	3.5B	3.4B	3.3B	3B	2.8B	2.6B	2.4B	2.3B	2.1B	1.9B	1.8B	1.6B	1.5B	1.4B	1.3B	1.4B	1.4B	1.3B
Accumulated Other Comprehensive Income/Loss	-32.4M	-30.9M	-33.1M	-31.4M	-54.9M	-62.8M	-57.1M	-47.7M	-45M	-43.8M	-44.7M	-68.1M	-78.1M	-114M	-152.2M	-159.8M	-131.6M	-146.7M	-15.9M	12.3M
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-2.6B	-2.6B	-2.6B	-2.5B	-2.5B	-2.5B	-2.5B	-2.4B	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	7B	6.8B	6.2B	6B	5.9B	5.6B	5.4B	5.2B	5B	4.8B	4.6B	4.4B	4.2B	4B	3.8B	3.7B	3.3B	3.4B	3.5B	3.4B
Total Equity	7.1B	6.9B	6.3B	6.2B	6B	5.8B	5.6B	5.3B	5.1B	4.9B	4.7B	4.5B	4.3B	4.1B	3.9B	3.8B	3.3B	3.4B	3.5B	3.4B
Minority Interest	40.6M	103.2M	107.2M	111.2M	115.3M	119.3M	122.5M	125.8M	129M	132.3M	135.5M	151.6M	146M	129.5M	108.7M	91.9M	29.6M	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	31.7B	26.1B	24.7B	22.7B	22B	20B	18.5B	17.7B	17B	16B	15B	14.3B	13.5B	13.4B	13.1B	12.4B	11.8B	11.6B	11.2B	11.5B
Total Investments	1.9B	1.7B	1.6B	1.4B	1.7B	1.4B	1.3B	1.1B	903.5M	779.6M	735.2M	713.9M	642M	570.6M	513.7M	469.9M	673.5M	910M	0.0	0.0
Total Debt	17.8B	11B	10.3B	8.9B	8.2B	6.9B	5.8B	5.2B	5B	4.3B	3.8B	3.6B	3.5B	3.4B	3.5B	3.6B	3.8B	3.9B	3.6B	3.3B
Net Debt	17.8B	11B	10.3B	8.9B	8.2B	6.9B	5.8B	5.2B	5B	4.3B	3.8B	3.6B	3.5B	3.4B	3.5B	3.5B	3.7B	3.8B	3.6B	3.2B
Shares Outstanding	119,690,399	119,690,399	119,690,399	119,690,399	119,690,399	119,690,399	119,690,399	119,690,399	119,690,399	119,690,399	119,690,399	119,690,399	119,690,399	119,690,399	119,690,399	119,690,399	119,690,399	119,690,399	119,690,399	119,690,399

SEC Filings

PNW - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 19, 2026	May 14, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 06, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 04, 2026	May 04, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 04, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 15, 2026	April 15, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 03, 2026	May 14, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 12, 2026	March 10, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 27, 2026	February 27, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 25, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 25, 2026	February 25, 2026	2026	View Filing

Showing 1 to 10 of 733 filings

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