Pinnacle West Capital PNW Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 63.5%-1.0pp | 63.8%-0.6pp | 64%-0.1pp | 64.1%+0.7pp | 64.6%+1.9pp | |
| Operating margin | 20.9%+1.7pp | 20%+0.2pp | 19.4%-0.5pp | 19%-0.9pp | 19.3%+1.4pp | |
| Net margin | 12.2%+0.6pp | 11.8%-0.4pp | 11.6%-1.0pp | 11.3%-1.7pp | 11.7%+0.2pp | |
| Returns | ||||||
| Return on equity | 9.7%+0.3pp | 9.2%-0.6pp | 8.9%-0.8pp | 9.2%-1.2pp | 9.4%+0.6pp | |
| Return on invested capital | 5.6%-0.1pp | 5.5%-0.4pp | 5.3%-0.6pp | 5.2%-0.6pp | 5.6%+0.5pp | |
| Efficiency | ||||||
| Asset turnover | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Liquidity | ||||||
| Current ratio | 0.6×+0.1× | 0.5×-0.1× | 0.7×0.0× | 0.5×-0.1× | 0.5×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 2.1×+0.3× | 2×+0.4× | 2×+0.3× | 2.1×+0.3× | 1.8×+0.1× | |
| Net debt / EBITDA | 7.1×+1.0× | 7×+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 / earnings | 18.3×-0.4× | 16.8×+1.5× | 17.4×+1.5× | 18.1×+4.4× | 18.7×+2.9× | |
| Price / sales | 2.2×+0.1× | 2×+0.1× | 2×0.0× | 2×+0.3× | 2.2×+0.4× | |
| Price / book | 1.7×0.0× | 1.5×+0.1× | 1.5×0.0× | 1.6×+0.2× | 1.7×+0.3× | |
| EV / EBITDA | 12.9×+1.0× | 12.2×+1.7× | 12.4×+1.4× | 12.5×+1.9× | 11.8×+0.7× | |
| Dividend yield | 3.5%0.0pp | 4%-0.1pp | 3.9%0.0pp | 3.8%-0.7pp | 3.5%-1.0pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
