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Pinnacle West Capital PNW Derivative Instruments And Hedges

Derivative Instruments And Hedges at other companies

Xcel Energy logo
Xcel EnergyXEL
$138M+22.1%
NRG Energy logo
NRG EnergyNRG
$3.08B-10.3%

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 us-gaap:DerivativeInstrumentsAndHedges.

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 derivative instruments and hedges?
Pinnacle West Capital (PNW) reported derivative instruments and hedges of $388K in Q1 2026.
How has Pinnacle West Capital's derivative instruments and hedges changed year-over-year?
Pinnacle West Capital's derivative instruments and hedges decreased by 99.5% year-over-year, from $77.55M to $388K.
What is the long-term trend for Pinnacle West Capital's derivative instruments and hedges?
Over 5 years (2020 to 2025), Pinnacle West Capital's derivative instruments and hedges has grown at a 2.1% compound annual growth rate (CAGR), from $2.93M to $3.25M.
What does derivative instruments and hedges mean?
The value of financial contracts used to hedge risks that are currently in a gain position.
How do you interpret derivative instruments and hedges?
An increase indicates that the company's hedging strategy is currently providing value, while a decrease may reflect market movements against the hedge positions.
How does derivative instruments and hedges compare across companies?
Common in energy and utility sectors where commodity price hedging is a standard practice to stabilize earnings.