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Pinnacle West Capital PNW Deferred fuel and purchased power regulatory asset (Note 7)

Deferred fuel and purchased power regulatory asset (Note 7) at other companies

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OGE EnergyOGE
$0-100%
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Dominion EnergyD
$19.91B+7.0%
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OGE EnergyOGE
$19.1M-88.7%
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Essential UtilitiesWTRG
$2.11B+8.7%
Berkshire Hathaway logo
Berkshire HathawayBRK.A
$4.47B-15.6%
FirstEnergy logo
FirstEnergyFE
-$457M-4,470%

Other financials

Income statement

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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

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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

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Operating cash flow$235.3M-41.5%
CapEx$628.4M+0.9%
Free cash flow-$393.1M-78.1%

Valuation

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Market cap$12.4B+7.4%
Enterprise value$27.54B+16.4%
P/E18.6×-0.4×
P/S2.3×+0.1×

Profitability

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Gross margin63.5%-1.0pp
Operating margin20.9%+1.7pp
Net margin12.2%+0.6pp
FCF margin-18.9%+14.3pp

Returns & leverage

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Return on equity9.7%+0.3pp
Debt / equity2.1×+0.3×
Current ratio0.6×+0.1×

Where this comes from

Reported directly by Pinnacle West Capital in its filing.

Tagged under the XBRL concept pnw:DeferredFuelAndPurchasedPowerRegulatoryAssetCurrent.

The official record: Pinnacle West Capital’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Pinnacle West Capital's deferred fuel and purchased power regulatory asset (note 7)?
Pinnacle West Capital (PNW) reported deferred fuel and purchased power regulatory asset (note 7) of $55.43M in Q1 2026.
How has Pinnacle West Capital's deferred fuel and purchased power regulatory asset (note 7) changed year-over-year?
Pinnacle West Capital's deferred fuel and purchased power regulatory asset (note 7) decreased by 75.7% year-over-year, from $228.04M to $55.43M.
What is the long-term trend for Pinnacle West Capital's deferred fuel and purchased power regulatory asset (note 7)?
Over 5 years (2020 to 2025), Pinnacle West Capital's deferred fuel and purchased power regulatory asset (note 7) has grown at a -3.2% compound annual growth rate (CAGR), from $175.84M to $149.07M.
What does deferred fuel and purchased power regulatory asset (note 7) mean?
Costs for fuel and power that the utility has paid but will collect from customers later.
How do you interpret deferred fuel and purchased power regulatory asset (note 7)?
An increase indicates that the utility is currently under-recovering fuel costs, which will likely lead to future rate adjustments, while a decrease indicates recovery.
How does deferred fuel and purchased power regulatory asset (note 7) compare across companies?
Specific to regulated utilities; peers with similar fuel adjustment clauses will report similar regulatory assets.