PNW - NYSE
Pinnacle West Capital Corporation
$100.48
+1.1%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.
At a Glance
Live SnapshotPinnacle West Capital Corporation Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
CapEx Intensity
Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.
FCF Growth Trend
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working Capital Impact
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Cash Flow Quality Insight
Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.
Pinnacle West Capital Corporation Cash Flow Statement
PNW • NYSE
| Pinnacle West Capital Corporation Cash Flow Statement | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
616.5M | 626M | 518.8M | 500.8M | 635.9M | 570.1M | 557.8M | 530.5M | 507.9M | 461.5M | 456.2M | 423.7M | 440M | 413.2M | 366.9M | 370.2M | 53.6M | 242.1M | 307.1M | 327.3M | |
969.6M | 956.2M | 854.1M | 817.8M | 719.1M | 686.3M | 664.1M | 651M | 610.6M | 565M | 571.7M | 496.5M | 492.3M | 481.3M | 493.8M | 414.6M | 404.3M | 390.4M | 403.9M | 381.2M | |
7.9M | -29.2M | 52.8M | 37.3M | 112.7M | 64.4M | -5.4M | 112.2M | 243.6M | 230M | 245.3M | 185.3M | 301.8M | 228.6M | 176.2M | 260.4M | 105.5M | 158M | -58M | 27.7M | |
0.0 | 23.5M | 17.3M | 15.9M | 18.5M | 18.3M | 18.4M | 19.5M | 20.5M | 18.9M | 18.8M | 33.1M | 25M | 32M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
120M | 114M | -63M | -116.9M | -254.1M | -139.5M | -64.4M | -13.8M | -110.6M | -64.7M | -18.6M | -17M | 27.3M | -67.6M | 49.5M | -50.9M | 283.8M | 84.3M | 70.9M | -238.7M | |
(0.0) | (134M) | (8.8M) | (46.2M) | (229K) | (0.0) | (12.5M) | (21.2M) | (2.2M) | (10M) | (6.6M) | (0.0) | (18.5M) | (2.5M) | (10.3M) | (23.4M) | (52.8M) | (24.2M) | (204.6M) | (157.2M) | |
91.1M | -80.7M | -172.4M | -13.6M | -372.1M | -233.1M | -213.8M | -22.2M | -154.1M | -187.3M | -159.8M | 10.8M | -108.6M | 116.4M | 204.7M | -262.7M | -16.1M | -157.2M | -66M | -374.9M | |
1.8B | 1.6B | 1.2B | 1.2B | 860M | 966.4M | 956.7M | 1.3B | 1.1B | 1B | 1.1B | 1.1B | 1.2B | 1.2B | 1.1B | 750.5M | 1B | 813.6M | 657.9M | 393.5M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-2.6B | -2.2B | -1.8B | -1.7B | -1.5B | -1.3B | -1.2B | -1.2B | -1.4B | -1.3B | -1.1B | -910.6M | -1B | -889.6M | -884.4M | -748.4M | -764.6M | -935.6M | -918.6M | -737.8M | |
-198.7M | (84.3M) | (23.4M) | (0.0) | (1.5B) | (1.3B) | (1.2B) | (1.2B) | -26.8M | -27.5M | -4M | (0.0) | (0.0) | (0.0) | (45.1M) | (0.0) | (0.0) | (0.0) | (0.0) | (207.6M) | |
-1.9B | -1.7B | -1.7B | -1.2B | -1.7B | -822.6M | -722.2M | -672.2M | -544.5M | -635.7M | -496.1M | -373.4M | -463.3M | -434.9M | -513.8M | -584.9M | -463M | -338.4M | -36.5M | -1.4B | |
1.9B | 1.7B | 1.7B | 1.2B | 1.7B | 819.5M | 719M | 653M | 542.2M | 633.4M | 478.8M | 356.2M | 446M | 417.6M | 499.2M | 632.5M | 484.6M | 411.8M | 69.2M | 1.4B | |
249.7M | 254.7M | 130.8M | 93.8M | -1.4B | -1.3B | -1.1B | -1.2B | 9.4M | 53.1M | 31.1M | 5.2M | 24.2M | 33.8M | 71.9M | 124.9M | 38.1M | 47M | 12.5M | -45.5M | |
-2.6B | -1.9B | -1.7B | -1.6B | -1.4B | -1.3B | -1.1B | -1.2B | -1.4B | -1.3B | -1.1B | -922.7M | -1B | -873M | -782M | -575.9M | -704.9M | -815.2M | -873.4M | -568.7M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
84.6M | 341.4M | -4.1M | -2.7M | -2.4M | -1.4M | 692K | -5.1M | -13.4M | -4.9M | 19.4M | 15.3M | 17.3M | 16M | 15.8M | 256M | 3.3M | 3.7M | 24.1M | 39.5M | |
1.1B | 397.2M | 898.5M | 774.3M | 870M | 735.8M | 530.5M | 244.2M | 641.4M | 499.9M | 279.4M | 72.8M | 74.4M | -86M | -201.4M | -243.7M | -84.4M | 247.2M | 373.4M | 239.7M | |
-422.8M | -394.7M | -386.5M | -378.9M | -369.5M | -350.6M | -329.6M | -308.9M | -289.8M | -274.2M | -260M | -246.7M | -235.2M | -225.1M | -221.7M | -217M | -205.1M | -204.2M | -210.5M | -201.2M | |
(0.0) | (0.0) | -4.1M | -2.7M | -2.4M | -1.4M | (692K) | -5.1M | -13.4M | -4.9M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-18M | -21.3M | -21.3M | -21.3M | -21.3M | -22.7M | -22.7M | -22.7M | -22.7M | -22.7M | -35M | -20.3M | -17.1M | -10.4M | -12.9M | -5.1M | 171K | 3.9M | -2.5M | 30.4M | |
775.1M | 322.7M | 486.7M | 371.5M | 476.9M | 361.1M | 178.8M | -92.4M | 315.5M | 198.1M | 3.8M | -178.9M | -160.6M | -305.5M | -420.2M | -209.7M | -286M | 50.5M | 184.5M | 108.4M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
2.8M | -1.1M | 123K | -5.1M | -50M | 49.7M | 4.5M | -8.1M | 5M | -30.6M | 31.9M | -1.9M | -16.7M | -7.4M | -76.6M | -35.2M | 40.1M | 48.9M | -30.9M | -66.8M | |
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 | 154M | |
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 | |
-819.5M | -639.4M | -638.7M | -466M | -613.5M | -360.2M | -234.7M | 99M | -290.7M | -252.1M | 18.2M | 189M | 137M | 281.6M | 241.2M | 2.1M | 266.5M | -122M | -260.6M | -344.3M |
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 | |
8-K 8-K 2026 N/A | May 06, 2026 | May 06, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 04, 2026 | May 04, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 04, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 15, 2026 | April 15, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 03, 2026 | May 14, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 12, 2026 | March 10, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 27, 2026 | February 27, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 25, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 25, 2026 | February 25, 2026 | 2026 |
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