PNW

NYSE · Utilities

Pinnacle West Capital

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$97.92

+0.35 (+0.36%)

As of Mar 24, 9:43 PM ET ·

Financial Highlights (FY 2026)

Revenue

5.30B

Net Income

612.12M

Gross Margin

—

Profit Margin

11.6%

Rev Growth

+7.3%

D/E Ratio

1.50

Revenue & Net Income

Margin Trends

	FY 2026	FY 2025	FY 2024	FY 2023
Gross Margin	—	—	33.7%	33.7%
Operating Margin	20.0%	18.0%	16.3%	14.7%
Profit Margin	11.6%	11.0%	12.2%	11.8%

Income Statement

	FY 2026	FY 2025	FY 2024	FY 2023
Revenue	5.30B	4.94B	4.15B	4.34B
Gross Profit	—	—	1.40B	1.46B
Operating Income	1.06B	889.12M	677.41M	637.12M
Net Income	612.12M	513.53M	504.89M	513.01M
Gross Margin	—	—	33.7%	33.7%
Operating Margin	20.0%	18.0%	16.3%	14.7%
Profit Margin	11.6%	11.0%	12.2%	11.8%
Rev Growth	+7.3%	+7.3%	+1.4%	-5.8%

Balance Sheet

	FY 2026	FY 2025	FY 2024	FY 2023
Total Debt	3.72B	3.72B	3.96B	4.95B
Total Equity	2.48B	2.48B	5.89B	6.04B
D/E Ratio	1.50	1.50	0.67	0.82

Cash Flow

	FY 2026	FY 2025	FY 2024	FY 2023
EBITDA	1.96B	1.73B	937.63M	964.43M
Free Cash Flow	—	—	345.95M	399.45M