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Current ratio at other companies

EVR
EvergyEVRG
0.4×-0.1×
CMS
CMS EnergyCMS
0.8×-0.2×
Entergy logo
EntergyETR
+0.1×
CNP
CenterPoint EnergyCNP
1.2×+0.2×
FirstEnergy logo
FirstEnergyFE
0.5×+0.1×
PPL logo
PPLPPL
+0.2×

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×

Where this comes from

Calculated from Pinnacle West Capital’s reported figures.

Based on the most recent quarter.

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 current ratio?
Pinnacle West Capital (PNW) reported current ratio of 0.6× in Q1 2026.
How has Pinnacle West Capital's current ratio changed year-over-year?
Pinnacle West Capital's current ratio increased by 19.4% year-over-year, from 0.5× to 0.6×.
What is the long-term trend for Pinnacle West Capital's current ratio?
Over 5 years (2020 to 2025), Pinnacle West Capital's current ratio has grown at a -9.4% compound annual growth rate (CAGR), from 0.9× to 0.5×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.