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Segments

By segment

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Other$167M+20.1%

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%

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$12.3B+11.3%
Enterprise value$27.44B+9.6%
P/E18.4×-0.1×
P/S2.3×+0.2×

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:Assets.

The source filing: Pinnacle West Capital’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 8:24 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000764622-26-000025
Line itemMarch 31,2026December 31,2025
Total property, plant and equipment21,046,53520,720,104
DEFERRED DEBITS
Regulatory assets (Note 7)1,454,2101,463,357
Operating lease right-of-use assets (Note 17)4,060,3643,649,669
Assets for other postretirement benefits (Note 8)411,088399,334
Other113,23496,299
Total deferred debits6,038,8965,608,659
TOTAL ASSETS$30,690,627$30,031,599

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Pinnacle West Capital's total assets?
Pinnacle West Capital (PNW) reported total assets of $30.69B in Q1 2026.
How has Pinnacle West Capital's total assets changed year-over-year?
Pinnacle West Capital's total assets increased by 12.7% year-over-year, from $27.24B to $30.69B.
What is the long-term trend for Pinnacle West Capital's total assets?
Over 5 years (2020 to 2025), Pinnacle West Capital's total assets has grown at a 8.4% compound annual growth rate (CAGR), from $20.02B to $30.03B.
What does total assets mean?
The sum of everything the company owns — current assets, property, investments, goodwill, intangibles, and all other assets.

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