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Pinnacle West Capital PNW Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin63.5%-0.3pp63.8%-0.2pp64%-0.1pp64.1%-0.4pp64.6%+0.1pp
Operating margin20.9%+0.9pp20%+0.6pp19.4%+0.5pp19%-0.3pp19.3%-0.5pp
Net margin12.2%+0.4pp11.8%+0.3pp11.6%+0.2pp11.3%-0.3pp11.7%-0.6pp
Returns
Return on equity9.7%+0.5pp9.2%+0.2pp8.9%-0.3pp9.2%-0.2pp9.4%-0.3pp
Return on invested capital5.6%+0.1pp5.5%+0.2pp5.3%0.0pp5.2%-0.4pp5.6%-0.3pp
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×+0.2×0.5×0.0×0.5×-0.1×
Leverage
Debt-to-equity2.1×+0.1×0.0×-0.1×2.1×+0.3×1.8×+0.2×
Net debt / EBITDA7.1×+0.1×-0.1×7.1×0.0×7.1×+1.0×6.1×+0.5×
Per Share
Book value per share$57.10-1.2%$57.77-1.7%$58.78+6.5%$55.20-2.0%$56.34-3.0%
Valuation
Market capitalization$12.18B+14.7%$10.62B-0.9%$10.71B-0.5%$10.77B-5.1%$11.34B+17.7%
Price / earnings18.3×+1.5×16.8×-0.6×17.4×-0.6×18.1×-0.6×18.7×+3.4×
Price / sales2.2×+0.2×0.0×0.0×-0.1×2.2×+0.3×
Price / book1.7×+0.2×1.5×0.0×1.5×-0.1×1.6×-0.1×1.7×+0.3×
EV / EBITDA12.9×+0.7×12.2×-0.2×12.4×-0.1×12.5×+0.7×11.8×+1.3×
Dividend yield3.5%-0.5pp4%+0.1pp3.9%+0.1pp3.8%+0.3pp3.5%-0.6pp

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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.