What is Pinnacle West Capital's market cap?

Pinnacle West Capital (PNW) has a market capitalization of $13.1B and trades on NYSE.

What is Pinnacle West Capital's revenue and profitability?

Pinnacle West Capital generated $5.5B in trailing twelve-month revenue with net income of $667.1M, representing a net margin of 12.2%. Gross margin stands at 63.5%, with free cash flow of -$1.0B. These figures are based on the Q1 2026 filing.

Who are Pinnacle West Capital's competitors?

Pinnacle West Capital's key competitors include Southwest Gas Corporation, Entergy Corporation, IDACORP, Inc., and others. These companies compete in similar markets and product categories.

Who does Pinnacle West Capital partner with?

Pinnacle West Capital's notable partners include CAISO, Salt River Project, PacifiCorp, and others.

What subsidiaries does Pinnacle West Capital have?

Pinnacle West Capital's subsidiaries include Arizona Public Service Company, Bright Canyon Energy, El Dorado Investment Company, and others.

Where is Pinnacle West Capital headquartered?

Pinnacle West Capital is headquartered in United States of America and employs approximately 6,133 people. It has been publicly traded since 1972.

Pinnacle West Capital

PNW

Pinnacle West Capital Corporation is a holding company that operates primarily through its subsidiary, Arizona Public Service Company (APS), a vertically-integrated electric utility.

Market cap

$13.07B+21.0%

Revenue$5.5B+4.8%

Net income$667.1M+9.9%

Free cash flow-$1.0B-49.9%

EPS (diluted)$5.36+5.3%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 4, 2026

Revenue$1.1BBeat by $65.2M EPS$0.27Beat by $0.30

Read the full report

Next report

Aug 4, 2026 (In 3 weeks)

Revenue estimate$1.4B

EPS estimate$1.48

Financials

Q1 2026

Income statement

See full

Revenue$1.1B+11.4%

Gross profit$712.9M+9.3%

Operating income$131.2M+129%

Net income$35.1M+10,489%

EPS (diluted)$0.27+775%

Balance sheet

See full

Cash & equivalents$6.4M-36.2%

Total debt$15.1B+24.8%

Total equity$7.1B+4.9%

Total assets$30.7B+12.7%

Cash flow

See full

Operating cash flow$235.3M-41.5%

CapEx$628.4M+0.9%

Free cash flow-$393.1M-78.1%

Valuation & ratios

Valuation

See full

Market cap$13.07B+21.0%

Enterprise value$28.2B+13.8%

P/E19.6×+1.5×

P/S2.4×+0.3×

Profitability

See full

Gross margin63.5%-1.0pp

Operating margin20.9%+1.7pp

Net margin12.2%+0.6pp

FCF margin-18.9%+14.3pp

Returns & leverage

See full

Return on equity9.7%+0.3pp

Debt / equity2.1×+0.3×

Current ratio0.6×+0.1×

Segments

By product

See full

Retail Electric Service$601.7M+14.6%

Transmission Services for Others$32.0M+25.4%

Wholesale Energy Sales$15.0M-39.7%

Other Sources$7.2M-11.9%

By segment

See full

Other-—

Competitors

By market cap

American Electric Power$73.9B+33.3%

Entergy$53.4B+45.9%

EVR

Evergy$19.8B+22.6%

PNW

Pinnacle West Capital$13.1B+21.0%

IDACORP$8.3B+31.9%

SWX

Southwest Gas Holdings$6.6B+24.1%

Portland General Electric$6.0B+34.0%

NorthWestern Energy Group, Inc.$4.3B+34.3%

By revenue growth

American Electric Power+24.8%

NorthWestern Energy Group, Inc.+9.1%

PNW

Pinnacle West Capital+4.8%

Portland General Electric+2.6%

EVR

Evergy+2.4%

Entergy+2.1%

By net margin

EVR

Evergy14.63%-0.2pp

Entergy14.36%-2.4pp

American Electric Power13.08%+1.3pp

PNW

Pinnacle West Capital12.22%+0.6pp

NorthWestern Energy Group, Inc.10.21%-5.5pp

Portland General Electric7.12%-1.7pp

Profile

Pinnacle West Capital Corporation is a holding company that operates primarily through its subsidiary, Arizona Public Service Company (APS), a vertically-integrated electric utility. The company provides retail and wholesale electric services to the majority of Arizona, managing a diverse energy portfolio that includes nuclear, coal, natural gas, and renewable resources. Its core value proposition centers on providing reliable energy while transitioning toward a carbon-free generation profile by 2050.

Competitive position

Pinnacle West is the leading electric utility in Arizona, serving approximately 1.3 million customers with a significant regulated asset base and a dominant regional market share.

GeographiesArizona, United States

Customer segmentsResidential, Commercial, Industrial, Public Sector

Business modelRegulated Utility, Vertically Integrated Utility

SuppliersUranium mining and enrichment services, Natural gas suppliers, Coal suppliers, Renewable energy equipment manufacturers, Power purchase agreement counterparties

CustomersResidential homeowners, Commercial businesses, Industrial manufacturers, Data centers, Municipalities

CountryUnited States of America

Listed1972

Employees6.1K

CEOTheodore N. Geisler

SectorUtilities

IndustryRegulated Electric

Websitepinnaclewest.com

FilingsSEC EDGAR

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Questions, answered.

What is Pinnacle West Capital's market cap?: Pinnacle West Capital (PNW) has a market capitalization of $13.1B and trades on NYSE.
What is Pinnacle West Capital's revenue and profitability?: Pinnacle West Capital generated $5.5B in trailing twelve-month revenue with net income of $667.1M, representing a net margin of 12.2%. Gross margin stands at 63.5%, with free cash flow of -$1.0B. These figures are based on the Q1 2026 filing.
Who are Pinnacle West Capital's competitors?: Pinnacle West Capital's key competitors include Southwest Gas Corporation, Entergy Corporation, IDACORP, Inc., and others. These companies compete in similar markets and product categories.
Who does Pinnacle West Capital partner with?: Pinnacle West Capital's notable partners include CAISO, Salt River Project, PacifiCorp, and others.
What subsidiaries does Pinnacle West Capital have?: Pinnacle West Capital's subsidiaries include Arizona Public Service Company, Bright Canyon Energy, El Dorado Investment Company, and others.
Where is Pinnacle West Capital headquartered?: Pinnacle West Capital is headquartered in United States of America and employs approximately 6,133 people. It has been publicly traded since 1972.