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 Profit Bridge
Profitability Analysis
Gross Margin
Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.
Operating Margin
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Net Profit Margin
Strong net margins indicate efficient operations and favorable tax/interest management.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.
Pinnacle West Capital Corporation Income Statement
PNW • NYSE
| Pinnacle West Capital Corporation Income 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
5.3B | 5.1B | 4.7B | 4.3B | 3.8B | 3.6B | 3.5B | 3.7B | 3.6B | 3.5B | 3.5B | 3.5B | 3.5B | 3.3B | 3.2B | 3.3B | 3.3B | 3.4B | 3.5B | 3.4B | |
GROSS PROFIT | ||||||||||||||||||||
(4B) | (3B) | (2.9B) | (2.6B) | (2.1B) | (2B) | (2B) | (2.1B) | (1.9B) | (2B) | (2B) | (2.1B) | (2B) | (1.9B) | (1.9B) | (1.9B) | (1.2B) | (1.4B) | (1.4B) | (1.3B) | |
1.4B | 2.1B | 1.8B | 1.7B | 1.7B | 1.6B | 1.5B | 1.6B | 1.6B | 1.5B | 1.5B | 1.4B | 1.4B | 1.4B | 1.3B | 1.3B | 2B | 1.9B | 2.1B | 2.2B | |
OPERATING INCOME | ||||||||||||||||||||
(238.5M) | (1.1B) | (1B) | (976.1M) | (891.9M) | (846.5M) | (815.4M) | (804.7M) | (725.1M) | (655.9M) | (671.2M) | (592.5M) | (587.9M) | (570.5M) | (581.1M) | (557.3M) | (1.4B) | (1.4B) | (1.5B) | (1.5B) | |
1.1B | 1B | 824.6M | 731.9M | 805.3M | 788.2M | 672M | 773.7M | 909.8M | 835.6M | 854.6M | 811.2M | 846.3M | 851.8M | 746.5M | 714.9M | 616.1M | 505.2M | 619.3M | 618.9M | |
PRE-TAX INCOME | ||||||||||||||||||||
(422M) | (377.5M) | (331.3M) | (255.5M) | (233.3M) | (229M) | (216.7M) | (218.3M) | (197.7M) | (185.8M) | (178.7M) | (185.5M) | (187M) | (199.6M) | (223.6M) | (227.6M) | (223.1M) | (197.5M) | (212.6M) | (196.8M) | |
-403.9M | -353.2M | -304.1M | -248.2M | -226.5M | -216.8M | -206.3M | -209.6M | -194.2M | -184.9M | -178.2M | -184.5M | -185.4M | -198.4M | -221.8M | -224.4M | -225.9M | -189.3M | 0.0 | 0.0 | |
(238.5M) | (1.1B) | (1B) | (976.1M) | (891.9M) | (846.5M) | (815.4M) | (804.7M) | (725.1M) | (655.9M) | (671.2M) | (592.5M) | (587.9M) | (570.5M) | (581.1M) | (557.3M) | (1.4B) | (1.4B) | (1.5B) | (1.5B) | |
-379.8M | -275.5M | -228.9M | -156.3M | -59.3M | -139.9M | -129.9M | -109.2M | -143.5M | -137.7M | -160.7M | -166.8M | -175.8M | -195.4M | -207.3M | -209.2M | -221.5M | -197M | -169.6M | -145.3M | |
738.4M | 736.6M | 595.7M | 575.7M | 746M | 648.2M | 542M | 664.4M | 766.2M | 697.9M | 693.9M | 644.4M | 670.6M | 656.3M | 539.2M | 514.9M | 105.1M | 279M | 449.7M | 473.6M | |
NET INCOME | ||||||||||||||||||||
(106.7M) | (110.5M) | (76.9M) | (74.8M) | (110.1M) | (78.2M) | -15.8M | (133.9M) | (258.3M) | (236.4M) | (237.7M) | (220.7M) | (230.6M) | (237.3M) | (183.6M) | (164.3M) | (37.8M) | (65.4M) | (150.9M) | (156.4M) | |
616.5M | 608.8M | 501.6M | 483.6M | 618.7M | 550.6M | 538.3M | 511M | 488.5M | 442M | 437.3M | 397.6M | 406.1M | 381.5M | 339.5M | 350.1M | 68.3M | 242.1M | 307.1M | 327.3M |
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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