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Utilities - Regulated Electric - NYSE - US
$ 89.62
-1.61 %
$ 10.7 B
Market Cap
17.1
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PNW stock under the worst case scenario is HIDDEN Compared to the current market price of 89.6 USD, Pinnacle West Capital Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PNW stock under the base case scenario is HIDDEN Compared to the current market price of 89.6 USD, Pinnacle West Capital Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PNW stock under the best case scenario is HIDDEN Compared to the current market price of 89.6 USD, Pinnacle West Capital Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PNW

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$96.0$96.0$94.0$94.0$92.0$92.0$90.0$90.0$88.0$88.0$86.0$86.0$84.0$84.0$82.0$82.0$80.0$80.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
5.12 B REVENUE
9.13%
1.01 B OPERATING INCOME
22.73%
659 M NET INCOME
27.06%
1.61 B OPERATING CASH FLOW
33.30%
-1.99 B INVESTING CASH FLOW
-17.23%
375 M FINANCING CASH FLOW
-22.90%
1.1 B REVENUE
-38.07%
84.5 M OPERATING INCOME
-84.54%
-2.52 M NET INCOME
-0.63%
439 M OPERATING CASH FLOW
-30.59%
-464 M INVESTING CASH FLOW
20.25%
-20.5 M FINANCING CASH FLOW
-252.54%
Balance Sheet Pinnacle West Capital Corporation
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Current Assets 170 M
Cash & Short-Term Investments 23 K
Receivables 163 M
Other Current Assets 7.11 M
Non-Current Assets 8.46 B
Long-Term Investments 8.44 B
PP&E 0
Other Non-Current Assets 22 M
97.77 %Total Assets$8.6b
Current Liabilities 2.84 B
Accounts Payable 485 M
Short-Term Debt 1.85 B
Other Current Liabilities 508 M
Non-Current Liabilities 16.4 B
Long-Term Debt 1.19 M
Other Non-Current Liabilities 16.4 B
9.61 %85.22 %Total Liabilities$19.2b
EFFICIENCY
Earnings Waterfall Pinnacle West Capital Corporation
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Revenue 5.12 B
Cost Of Revenue 2.99 B
Gross Profit 2.14 B
Operating Expenses 1.13 B
Operating Income 1.01 B
Other Expenses 353 M
Net Income 659 M
6b6b5b5b4b4b3b3b2b2b1b1b005b(3b)2b(1b)1b(353m)659mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
41.70% GROSS MARGIN
41.70%
19.75% OPERATING MARGIN
19.75%
11.88% NET MARGIN
11.88%
9.01% ROE
9.01%
2.33% ROA
2.33%
10.96% ROIC
10.96%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Pinnacle West Capital Corporation
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100m100m00(100m)(100m)(200m)(200m)(300m)(300m)(400m)(400m)(500m)(500m)(600m)(600m)(700m)(700m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 659 M
Depreciation & Amortization 956 M
Capital Expenditures -2.25 B
Stock-Based Compensation 0
Change in Working Capital 0
Others 7.04 M
Free Cash Flow -639 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Pinnacle West Capital Corporation
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Wall Street analysts predict an average 1-year price target for PNW of $85.4 , with forecasts ranging from a low of $75 to a high of $98 .
PNW Lowest Price Target Wall Street Target
75 USD -16.31%
PNW Average Price Target Wall Street Target
85.4 USD -4.71%
PNW Highest Price Target Wall Street Target
98 USD 9.35%
Price
Max Price Target
Min Price Target
Average Price Target
100100959590908585808075757070May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
1.03% DIVIDEND YIELD
0.895 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
4.00004.00003.50003.50003.00003.00002.50002.50002.00002.00001.50001.50001.00001.00000.50000.50000.00000.00000.5950.6250.6550.6950.73750.78250.830.850.8650.880.8950.5950.6250.6550.6950.73750.78250.830.850.8650.880.5950.6250.6550.6950.73750.78250.830.850.8650.880.6252.410.6552.530.6952.660.73752.820.78253.000.833.180.853.340.8653.420.883.470.8953.540.902015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 12
6. Ownership
Insider Ownership Pinnacle West Capital Corporation
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Sold
0-3 MONTHS
212 K USD 1
3-6 MONTHS
860 K USD 1
6-9 MONTHS
655 K USD 2
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
43.3 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Pinnacle West Sets Date for 2025 First-Quarter Financial Results, Webcast/Conference Call PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital plans to release its 2025 first-quarter financial results before the U.S. financial markets open on Thursday, May 1, 2025. businesswire.com - 2 weeks ago
EONGY vs. PNW: Which Stock Is the Better Value Option? Investors looking for stocks in the Utility - Electric Power sector might want to consider either E.ON SE (EONGY) or Pinnacle West (PNW). But which of these two stocks presents investors with the better value opportunity right now? zacks.com - 3 weeks ago
Why Is Pinnacle West (PNW) Up 1.5% Since Last Earnings Report? Pinnacle West (PNW) reported earnings 30 days ago. What's next for the stock? zacks.com - 3 weeks ago
Undercovered Dozen: INmune Bio, Primerica, First Quantum, Pinnacle West + The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering fresh ideas and fostering discussion among investors. Mitsui & Co. is given a 'buy' recommendation, driven by Warren Buffett's increased stake, stable commodity prices, and promising long-term growth from a new Australian iron ore deal. Sandisk Corporation is also seen as a 'buy' post-separation from Western Digital, with strong market performance and potential for unlocking shareholder value as an independent flash storage company. seekingalpha.com - 4 weeks ago
Pinnacle West: Steady Income Generator For Sleep-Well-At-Night Returns Pinnacle West Capital has demonstrated strong business fundamentals and growth catalysts on the horizon. PNW benefits from favorable regulatory developments, robust residential growth, and increasing demand from Arizona's expanding semiconductor industry. With a solid balance sheet, reliable operations, and a well-covered 3.9% dividend yield, PNW remains an attractive income investment. seekingalpha.com - 1 month ago
EONGY or PNW: Which Is the Better Value Stock Right Now? Investors with an interest in Utility - Electric Power stocks have likely encountered both E.ON SE (EONGY) and Pinnacle West (PNW). But which of these two stocks offers value investors a better bang for their buck right now? zacks.com - 1 month ago
Pinnacle West Capital Corporation (PNW) Q4 2024 Earnings Call Transcript Pinnacle West Capital Corporation (NYSE:PNW ) Q4 2024 Earnings Conference Call February 25, 2025 11:00 AM ET Company Participants Amanda Ho - Investor Relations Jeffrey Guldner - Chairman, President and Chief Executive Officer Ted Geisler - President of Arizona Public Service Company Andrew Cooper - Senior Vice President and Chief Financial Officer of Pinnacle West Capital Corporation and Arizona Public Service Company Conference Call Participants Julien Dumoulin-Smith - Jefferies Michael Lonegan - Evercore ISI Travis Miller - Morningstar Inc. Christopher Ellinghaus - Siebert Williams Shank & Co. Operator Good day, everyone, and welcome to the Pinnacle West Capital Corporation 2024 Fourth Quarter Earnings Conference Call. At this time, all participants have been placed on a listen-only mode. seekingalpha.com - 1 month ago
Pinnacle West Q4 Loss Narrower Than Expected, Revenues Beat PNW fourth-quarter earnings decrease year over year, while revenues increase. Total operating expenses also rise during the same period. zacks.com - 1 month ago
Consumer Sentiment Hits 15-Month Low: 5 Low-Beta Defensive Picks Low-beta utility and consumer staple stocks like PNW, NI, ATO, TSN and TAP are a safe bet during times of market volatility. zacks.com - 1 month ago
Pinnacle West (PNW) Reports Q4 Loss, Tops Revenue Estimates Pinnacle West (PNW) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to break-even earnings per share a year ago. zacks.com - 1 month ago
Pinnacle West Reports 2024 Full-Year and Fourth-Quarter Results PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital reports strong year-end results with year-over-year retail customer growth increasing a robust 2.1%. businesswire.com - 1 month ago
Pinnacle West Capital to Post Q4 Earnings: Here's What to Expect PNW's Q4 results are expected to continue to benefit from retail customer growth. However, higher depreciation and amortization might have offset some positives during the quarter. zacks.com - 1 month ago
8. Profile Summary

Pinnacle West Capital Corporation PNW

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COUNTRY US
INDUSTRY Regulated Electric
MARKET CAP $ 10.7 B
Dividend Yield 1.03%
Description 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.
Contact 400 North Fifth Street, Phoenix, AZ, 85072-3999 https://www.pinnaclewest.com
IPO Date Aug. 28, 1961
Employees 6403
Officers Mr. Todd Horton SVice President of Nuclear Regulatory & Oversight of Palo Verde Generating Station for APS Ms. Amanda Ho Director of Investor Relations Ms. Elizabeth A. Blankenship Vice President, Controller & Chief Accounting Officer Ms. Diane Wood Assistant Vice President & Corporate Secretary Ms. Shirley A. Baum Senior Vice President & General Counsel Mr. Christopher Bauer Vice President & Treasurer