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Debt-to-assets at other companies

EVR
EvergyEVRG
0.4×0.0×
CMS
CMS EnergyCMS
0.5×0.0×
Entergy logo
EntergyETR
0.4×0.0×
CNP
CenterPoint EnergyCNP
0.4×0.0×
FirstEnergy logo
FirstEnergyFE
0.5×+0.1×
PPL logo
PPLPPL
0.4×0.0×

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

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 debt-to-assets?
Pinnacle West Capital (PNW) reported debt-to-assets of 0.5× in Q1 2026.
How has Pinnacle West Capital's debt-to-assets changed year-over-year?
Pinnacle West Capital's debt-to-assets increased by 10.8% year-over-year, from 0.4× to 0.5×.
What is the long-term trend for Pinnacle West Capital's debt-to-assets?
Over 5 years (2020 to 2025), Pinnacle West Capital's debt-to-assets has grown at a 6.6% compound annual growth rate (CAGR), from 0.3× to 0.5×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.