PNWNYSEElectric ServicesFiscal year ends December 31

PINNACLE WEST CAPITAL CORP

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026

$101.17−2.25 (-2.18%)

Close on Oct 19, 2026

Market cap: $12.60B
P/E (TTM): 19.4
Dividend yield: 3.57%

PINNACLE WEST CAPITAL CORP income statement

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31
Revenue	5,340	5,125	4,696	4,324	3,804	3,587	3,471	3,691	3,565	3,499	3,495	3,492	3,455	3,302	3,241	3,189	3,154	3,220
Cost of Revenue	1,933	1,823	1,793	1,629	1,153	993	1,042	1,076	981	1,076	–	–	–	–	–	–	–	–
Gross Profit	3,407	3,302	2,903	2,695	2,651	2,594	2,429	2,615	2,584	2,423	–	–	–	–	–	–	–	–
Total Costs & Expenses	4,272	4,113	3,871	3,592	2,999	2,799	2,799	2,918	2,656	2,663	2,641	2,680	2,608	2,450	2,495	2,474	2,538	2,637
Operating Income	1,068	1,012	825	732	805	788	672	774	910	836	855	811	846	852	747	715	616	583
Interest Expense	422	377	331	256	233	229	217	218	198	186	179	185	187	200	224	228	227	205
Interest & Investment Income	18	24	27	7.33	6.73	12	10	8.65	3.50	0.88	0.49	1.01	1.63	1.24	1.85	3.26	1.50	–
Other Non-Operating Income	93	102	102	99	174	89	87	109	54	48	18	19	11	4.20	16	19	5.86	-3.40
Gain (Loss) on Investments	27	0	0	-21	0	2.36	–	16	0.35	0	–	8.39	0	–	–	–	–	–
Gain (Loss) on Sale of Assets	0	23	6.42	0	0	–	–	–	–	–	–	–	–	–	–	–	–	–
Pretax Income	738	737	596	–	–	–	–	–	–	–	–	644	671	656	539	506	395	–
Income Tax Expense	107	111	77	75	110	78	-16	134	258	236	238	221	231	237	184	161	139	96
Income from Continuing Operations	–	–	–	–	–	–	–	–	–	–	–	398	406	387	328	325	237	261
Income from Discontinued Operations	–	–	–	–	–	–	–	–	–	–	–	0	0	-5.83	11	25	-183	-19
Net Income incl. Noncontrolling Interests	632	626	519	501	636	570	558	531	508	462	456	424	440	413	367	370	73	260
Minority Interest in Earnings	15	17	17	17	17	19	19	19	19	19	19	26	34	32	27	20	4.43	17
Net Income	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	350	68	242
Net Income to Common	617	609	502	484	619	551	538	511	488	442	437	398	406	382	339	350	68	–
EPS (Basic)(per share)	5.15	5.35	4.42	4.27	5.48	4.89	4.79	4.56	4.37	3.97	3.94	3.59	3.69	3.48	3.11	3.28	0.68	2.40
EPS (Diluted)(per share)	5.05	5.24	4.41	4.26	5.47	4.87	4.77	4.54	4.35	3.95	3.92	3.58	3.66	3.45	3.09	3.27	0.67	2.40
Shares Outstanding (Basic, Weighted)(shares)	120	114	113	113	113	113	112	112	112	111	111	111	110	110	109	107	101	101
Shares Outstanding (Diluted, Weighted)(shares)	122	116	114	113	113	113	113	113	112	112	112	111	111	111	110	107	101	101
Dividend per Share(per share)	3.61	3.55	3.49	3.43	3.36	3.23	3.04	2.87	2.70	2.56	2.44	2.33	2.23	2.67	2.10	2.10	2.10	2.10
EBITDA	2,037	1,968	1,679	1,550	1,524	1,474	1,336	1,425	1,520	1,401	1,426	1,308	1,339	1,333	1,240	1,188	1,067	1,014

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 62.7%
Operating margin: 20.5%
Net margin: –
Return on equity, FY2025: –

Financial strength

Current ratio: 0.59
Debt to equity: 1.62
Debt to assets: 34.9%
Cash to current liabilities: 0.3%

Valuation

P/E ratio: 19.4
Price to sales: 2.27
Price to book: 1.79
Dividend yield: 3.57%