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Pinnacle West Capital PNW Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin63.5%-1.0pp63.8%-0.6pp64%-0.1pp64.1%+0.7pp64.6%+1.9pp
Operating margin20.9%+1.7pp20%+0.2pp19.4%-0.5pp19%-0.9pp19.3%+1.4pp
Net margin12.2%+0.6pp11.8%-0.4pp11.6%-1.0pp11.3%-1.7pp11.7%+0.2pp
Returns
Return on equity9.7%+0.3pp9.2%-0.6pp8.9%-0.8pp9.2%-1.2pp9.4%+0.6pp
Return on invested capital5.6%-0.1pp5.5%-0.4pp5.3%-0.6pp5.2%-0.6pp5.6%+0.5pp
Efficiency
Asset turnover0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×
Liquidity
Current ratio0.6×+0.1×0.5×-0.1×0.7×0.0×0.5×-0.1×0.5×-0.1×
Leverage
Debt-to-equity2.1×+0.3×+0.4×+0.3×2.1×+0.3×1.8×+0.1×
Net debt / EBITDA7.1×+1.0×+1.4×7.1×+1.2×7.1×+1.1×6.1×0.0×
Per Share
Book value per share$57.10+1.3%$57.77-0.6%$58.78+4.0%$55.20+2.9%$56.34+3.8%
Valuation
Market capitalization$12.18B+7.4%$10.62B+10.1%$10.71B+6.3%$10.77B+24.1%$11.34B+33.6%
Price / earnings18.3×-0.4×16.8×+1.5×17.4×+1.5×18.1×+4.4×18.7×+2.9×
Price / sales2.2×+0.1×+0.1×0.0×+0.3×2.2×+0.4×
Price / book1.7×0.0×1.5×+0.1×1.5×0.0×1.6×+0.2×1.7×+0.3×
EV / EBITDA12.9×+1.0×12.2×+1.7×12.4×+1.4×12.5×+1.9×11.8×+0.7×
Dividend yield3.5%0.0pp4%-0.1pp3.9%0.0pp3.8%-0.7pp3.5%-1.0pp

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Questions, answered.

What are Pinnacle West Capital's profit margins?
Pinnacle West Capital (PNW) runs a 63.5% gross margin and a 20.9% operating margin, with a 12.2% net margin.
Where do Pinnacle West Capital's ratios come from?
Every ratio is computed from Pinnacle West Capital's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.