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Pinnacle West Capital PNW Electric and Transmission Service — Total Operating Revenues

Other product segments

Retail Electric Service
$601.73M+14.6%
Transmission Services for Others
$32.03M+25.4%
Wholesale Energy Sales
$14.98M-39.7%
Other Sources
$7.16M-11.9%

Similar metrics at other companies

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ESElectric Transmission — Operating Revenues
$584.6M+6.7%
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ESElectric Transmission — Revenue
$333.3M
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FETransmission — Revenue
$628M+7.2%
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AESElectric Transmission — Total Revenue
$1.11B+13.1%
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AEEElectricity — Revenue
$1.66B+2.4%
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FERegulated Transmission — Electrical Transmission Revenue
$336M

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 electric and transmission service — total operating revenues?
Pinnacle West Capital (PNW) reported electric and transmission service — total operating revenues of $1.12B in Q1 2026.
How has Pinnacle West Capital's electric and transmission service — total operating revenues changed year-over-year?
Pinnacle West Capital's electric and transmission service — total operating revenues increased by 10.3% year-over-year, from $1.02B to $1.12B.
What is the long-term trend for Pinnacle West Capital's electric and transmission service — total operating revenues?
Over 4 years (2021 to 2025), Pinnacle West Capital's electric and transmission service — total operating revenues has grown at a 9.1% compound annual growth rate (CAGR), from $3.76B to $5.32B.
What does electric and transmission service — total operating revenues mean?
The total revenue earned from providing electricity and transmission services to customers.
How do you interpret electric and transmission service — total operating revenues?
An increase typically signals growth in customer base, higher energy consumption, or favorable regulatory rate adjustments, while a decrease may indicate lower demand, energy efficiency gains, or regulatory rate reductions.
How does electric and transmission service — total operating revenues compare across companies?
This is a standard top-line revenue metric for vertically integrated electric utilities, comparable to 'Electric Operating Revenues' reported by peer regulated utility companies.