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Pinnacle West Capital PNW Contributions in aid of construction

Contributions in aid of construction at other companies

EVR
EvergyEVRG
$48.8M
American Electric Power logo
American Electric PowerAEP

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:ProceedsFromContributionInAidOfConstruction.

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 contributions in aid of construction?
Pinnacle West Capital (PNW) reported contributions in aid of construction of $90.23M in Q1 2026.
How has Pinnacle West Capital's contributions in aid of construction changed year-over-year?
Pinnacle West Capital's contributions in aid of construction increased by 76.1% year-over-year, from $51.24M to $90.23M.
What is the long-term trend for Pinnacle West Capital's contributions in aid of construction?
Over 4 years (2021 to 2025), Pinnacle West Capital's contributions in aid of construction has grown at a 30.5% compound annual growth rate (CAGR), from $105.65M to $306.38M.
What does contributions in aid of construction mean?
Cash received from third parties to help pay for new infrastructure projects.
How do you interpret contributions in aid of construction?
Higher proceeds reduce the net cash burden of capital projects on the utility.
How does contributions in aid of construction compare across companies?
Specific to regulated utilities and infrastructure-heavy industries.