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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$12.3B+11.3%
Enterprise value$27.44B+9.6%
P/E18.4×-0.1×
P/S2.3×+0.2×

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:PaymentsOfDividendsCommonStock.

The source filing: Pinnacle West Capital’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 8:24 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000764622-26-000025
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
CASH FLOWS FROM FINANCING ACTIVITIES
Issuance of long-term debt594,840
Short-term borrowings and (repayments), net(162,905)301,747
Dividends paid on common stock(108,462)(104,934)
Common stock equity issuance and (purchases), net(7,415)(6,381)
Other(1)(3)
Net cash provided by financing activities316,057190,429
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS(195)6,209

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Pinnacle West Capital's dividends paid?
Pinnacle West Capital (PNW) reported dividends paid of $108.46M in Q1 2026.
How has Pinnacle West Capital's dividends paid changed year-over-year?
Pinnacle West Capital's dividends paid increased by 3.4% year-over-year, from $104.93M to $108.46M.
What is the long-term trend for Pinnacle West Capital's dividends paid?
Over 4 years (2021 to 2025), Pinnacle West Capital's dividends paid has grown at a 3.4% compound annual growth rate (CAGR), from $369.48M to $422.79M.
What does dividends paid mean?
Total cash dividends paid to common stockholders, reflecting the company's capital return policy.

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