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Pinnacle West Capital PNW Customer Advances (Current)

Customer Advances (Current) at other companies

Nordson logo
NordsonNDSN
$52.22M-14.5%
Teradyne, Inc. logo
Teradyne, Inc.TER
$197.13M+64.4%
Sanmina Corp logo
Sanmina CorpSANM
$1.23B+177%
MGM Resorts International logo
MGM Resorts InternationalMGM
$838.79M+3.1%
CF Industries logo
CF IndustriesCF
$21M+320%
Advanced Energy Industries logo
Advanced Energy IndustriesAEIS
$12.1M-14.8%

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:OtherDeferredCostsNet.

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 customer advances (current)?
Pinnacle West Capital (PNW) reported customer advances (current) of $113.23M in Q1 2026.
How has Pinnacle West Capital's customer advances (current) changed year-over-year?
Pinnacle West Capital's customer advances (current) increased by 53.1% year-over-year, from $73.95M to $113.23M.
What is the long-term trend for Pinnacle West Capital's customer advances (current)?
Over 5 years (2020 to 2025), Pinnacle West Capital's customer advances (current) has grown at a 22.4% compound annual growth rate (CAGR), from $34.98M to $96.3M.
What does customer advances (current) mean?
Money collected from customers for work or services that have not been completed yet.
How do you interpret customer advances (current)?
An increase suggests high demand for new service connections or upcoming infrastructure projects.
How does customer advances (current) compare across companies?
Common in utilities and construction-heavy industries.