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Pinnacle West Capital PNW Allowance for Funds Used During Construction, Equity

Allowance for Funds Used During Construction, Equity at other companies

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Xcel EnergyXEL
$92M+91.7%
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$70M+22.8%
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Southern CompanySO

Segments

By segment

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Other$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

Reported directly by Pinnacle West Capital in its filing.

Tagged under the XBRL concept us-gaap:PublicUtilitiesAllowanceForFundsUsedDuringConstructionCapitalizedCostOfEquity.

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 allowance for funds used during construction, equity?
Pinnacle West Capital (PNW) reported allowance for funds used during construction, equity of $14.78M in Q1 2026.
How has Pinnacle West Capital's allowance for funds used during construction, equity changed year-over-year?
Pinnacle West Capital's allowance for funds used during construction, equity increased by 11.6% year-over-year, from $13.25M to $14.78M.
What is the long-term trend for Pinnacle West Capital's allowance for funds used during construction, equity?
Over 4 years (2021 to 2025), Pinnacle West Capital's allowance for funds used during construction, equity has grown at a 10.0% compound annual growth rate (CAGR), from $41.74M to $61.15M.
What does allowance for funds used during construction, equity mean?
A non-cash accounting credit representing the cost of capital used for construction projects.
How do you interpret allowance for funds used during construction, equity?
Higher levels indicate significant ongoing capital investment in new infrastructure, which typically leads to future rate base growth.
How does allowance for funds used during construction, equity compare across companies?
Standard for regulated utilities; reflects the intensity of the capital expenditure cycle compared to peers.