PNW
Pinnacle West Capital Corporation
NYSE · Utilities · Regulated Electric · US
$97.52
−0.49%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 5.6B | 5.3B | 5.1B | 4.7B | 4.3B |
| Cost of Revenue | 2.5B | 4.0B | 3.0B | 2.9B | 2.6B |
| Gross Profit | 3.1B | 1.4B | 2.1B | 1.8B | 1.7B |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 1.2B | — | — | — | — |
| General & Admin Expense | 276.7M | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 397.9M | 238.5M | 1.1B | 1.0B | 976.1M |
| Total Operating Expenses | 1.6B | 238.5M | 1.1B | 1.0B | 976.1M |
| Cost and Expenses | 4.1B | 4.2B | 4.1B | 3.9B | 3.6B |
| Operating Income (EBIT) | 1.5B | 1.1B | 1.0B | 824.6M | 731.9M |
| Non-Operating | |||||
| Interest Income | 12.4M | 18.0M | 24.3M | 27.2M | 7.3M |
| Interest Expense | 463.3M | 422.0M | 377.5M | 331.3M | 255.5M |
| Net Interest Income | (450.8M) | (403.9M) | (353.1M) | (304.1M) | (248.2M) |
| Other Non-Op Income/Expense | (739.9M) | (379.8M) | (275.5M) | (228.9M) | (156.3M) |
| Non-Operating Income (excl Interest) | 276.6M | (42.1M) | (102.0M) | (102.4M) | (99.3M) |
| EBT (Pre-Tax Income) | 761.4M | 738.4M | 736.6M | 595.7M | 575.7M |
| Income Tax Expense | 110.4M | 106.7M | 110.5M | 76.9M | 74.8M |
| Bottom Line | |||||
| Net Income | 640.1M | 616.5M | 608.8M | 501.6M | 483.6M |
| Earnings from Cont. Ops | 651.0M | 631.6M | 626.0M | 518.8M | 500.8M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 640.1M | 616.5M | 608.8M | 501.6M | 483.6M |
| Per Share | |||||
| Basic EPS | $5.32 | $5.15 | $5.35 | $4.42 | $4.27 |
| Diluted EPS | $5.21 | $5.05 | $5.24 | $4.41 | $4.26 |
| Revenue Per Share | $45.79 | $44.62 | $45.02 | $41.40 | $38.20 |
| Shares | |||||
| Basic Shares Outstanding | 121.3M | 119.7M | 113.8M | 113.4M | 113.2M |
| Diluted Shares Outstanding | 124.5M | 122.0M | 116.2M | 113.8M | 113.4M |
| Profitability Metrics | |||||
| EBITDA | 2.2B | 2.1B | 2.1B | 1.8B | 1.6B |
| D&A | 960.5M | 969.6M | 956.2M | 854.1M | 817.8M |
| EBIT | 1.2B | 1.2B | 1.1B | 927.0M | 831.2M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026