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Pinnacle West Capital PNW Increase (Decrease) in Regulatory Liabilities

Increase (Decrease) in Regulatory Liabilities at other companies

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$228M
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$5M
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$714.49M-6.8%
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$0-100%

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:IncreaseDecreaseInRegulatoryLiabilities.

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 increase (decrease) in regulatory liabilities?
Pinnacle West Capital (PNW) reported increase (decrease) in regulatory liabilities of -$58.51M in Q1 2026.
How has Pinnacle West Capital's increase (decrease) in regulatory liabilities changed year-over-year?
Pinnacle West Capital's increase (decrease) in regulatory liabilities decreased by 586.2% year-over-year, from $12.03M to -$58.51M.
What is the long-term trend for Pinnacle West Capital's increase (decrease) in regulatory liabilities?
Over 2 years (2021 to 2023), Pinnacle West Capital's increase (decrease) in regulatory liabilities has grown at a -29.6% compound annual growth rate (CAGR), from $57.55M to $28.5M.
What does increase (decrease) in regulatory liabilities mean?
The change in funds held for future customer refunds or cost offsets.
How do you interpret increase (decrease) in regulatory liabilities?
An increase indicates a build-up of funds owed to customers, while a decrease indicates the return of these funds through rate adjustments.
How does increase (decrease) in regulatory liabilities compare across companies?
Specific to regulated utilities; reflects the balance of customer-related regulatory obligations.