Pinnacle West Capital (PNW) Stock Price

Pinnacle West Capital Price

🇺🇸NYSE·CLOSED
103.11USD
Market closed
Today +/-
Today %

Pinnacle West Capital (PNW) Stock | ISIN US7234841010 | WKN 853915. The current Pinnacle West Capital stock price is 103.11 USD (2026). Revenue is 5.61 B USD. Net income is 550.32 M USD. The P/E ratio is 21.78. Market capitalization is 11.98 B USD. Pinnacle West Capital operates in the Utilities sector.

Revenue has compounded at 2.9% per year over the past 19 years to 5.12 B USD. Earnings per share have grown at 5.7% per year over the last 19 years. Pinnacle West Capital's net margin stands at 11.9%, down from 15.3% several years earlier. Pinnacle West Capital currently offers a dividend yield of about 3.43%. The payout ratio is around 70% of earnings. The dividend has grown at 3.3% per year over the past 19 years.

Pinnacle West Capital stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Pinnacle West Capital over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Pinnacle West Capital stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Pinnacle West Capital's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Pinnacle West Capital Stock Price History
DatePinnacle West Capital Price
Access this data via the Eulerpool API

Pinnacle West Capital Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2005
2.99 B USD
515.3 M USD
176.3 M USD
Jan 1, 2006
3.21 B USD
617.4 M USD
327.3 M USD
Jan 1, 2007
3.29 B USD
616.5 M USD
307.1 M USD
Jan 1, 2008
3.22 B USD
582.6 M USD
242.1 M USD
Jan 1, 2009
3.15 B USD
616.1 M USD
68.3 M USD
Jan 1, 2010
3.19 B USD
714.9 M USD
350.1 M USD
Jan 1, 2011
3.24 B USD
746.5 M USD
339.5 M USD
Jan 1, 2012
3.3 B USD
851.8 M USD
381.5 M USD
Jan 1, 2013
3.45 B USD
856.7 M USD
406.1 M USD
Jan 1, 2014
3.49 B USD
877.6 M USD
397.6 M USD
Jan 1, 2015
3.5 B USD
963.6 M USD
437.3 M USD
Jan 1, 2016
3.5 B USD
830.3 M USD
442 M USD
Jan 1, 2017
3.57 B USD
997.8 M USD
488.5 M USD
Jan 1, 2018
3.69 B USD
760.7 M USD
511 M USD
Jan 1, 2019
3.47 B USD
587 M USD
538.3 M USD

Pinnacle West Capital Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 16, 2026, 4:03 AM
 
REVENUE (B USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (B USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
DIV. (USD)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
202320242025e2026e2027e2028e2029e2030e
4.75.125.395.616.036.186.546.95
8.589.145.274.087.342.545.816.32
66.5660.9957.9355.6651.8650.5747.844.96
3.133.133.133.133.133.133.133.13
501608570550660705765849
3.7321.36-6.25-3.51206.828.5110.98
3.473.543.60.914.05---
1.462.021.69-74.72345.05
113.8116.23116.23116.23116.23116.23116.23116.23
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Pinnacle West Capital generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Pinnacle West Capital retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Pinnacle West Capital's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Pinnacle West Capital has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Pinnacle West Capital's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Pinnacle West Capital stock margins

The Pinnacle West Capital margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Pinnacle West Capital. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Pinnacle West Capital.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2005
90.68 %
17.25 %
5.9 %
Jan 1, 2006
89.87 %
19.25 %
10.2 %
Jan 1, 2007
94.87 %
18.71 %
9.32 %
Jan 1, 2008
94.87 %
18.09 %
7.52 %
Jan 1, 2009
94.87 %
19.54 %
2.17 %
Jan 1, 2010
94.87 %
22.42 %
10.98 %
Jan 1, 2011
94.87 %
23.03 %
10.47 %
Jan 1, 2012
94.87 %
25.8 %
11.55 %
Jan 1, 2013
94.87 %
24.8 %
11.76 %
Jan 1, 2014
94.87 %
25.13 %
11.39 %
Jan 1, 2015
94.87 %
27.57 %
12.51 %
Jan 1, 2016
94.87 %
23.73 %
12.63 %
Jan 1, 2017
94.87 %
27.99 %
13.7 %
Jan 1, 2018
94.87 %
20.61 %
13.84 %
Jan 1, 2019
94.87 %
16.91 %
15.51 %

Pinnacle West Capital Stock Revenue, EBIT, Earnings per Share

The Pinnacle West Capital earnings per share therefore indicates how much revenue Pinnacle West Capital has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2005
30.93 USD
5.33 USD
1.83 USD
Jan 1, 2006
32.08 USD
6.17 USD
3.27 USD
Jan 1, 2007
32.68 USD
6.12 USD
3.05 USD
Jan 1, 2008
31.88 USD
5.77 USD
2.4 USD
Jan 1, 2009
31.13 USD
6.08 USD
0.67 USD
Jan 1, 2010
29.78 USD
6.68 USD
3.27 USD
Jan 1, 2011
29.49 USD
6.79 USD
3.09 USD
Jan 1, 2012
29.88 USD
7.71 USD
3.45 USD
Jan 1, 2013
31.18 USD
7.73 USD
3.67 USD
Jan 1, 2014
31.4 USD
7.89 USD
3.58 USD
Jan 1, 2015
31.32 USD
8.63 USD
3.92 USD
Jan 1, 2016
31.24 USD
7.41 USD
3.95 USD
Jan 1, 2017
31.72 USD
8.88 USD
4.35 USD
Jan 1, 2018
32.78 USD
6.76 USD
4.54 USD
Jan 1, 2019
30.77 USD
5.2 USD
4.77 USD

Pinnacle West Capital business model & stock analysis

Pinnacle West Capital Corp, also known as Arizona Public Service (APS), is a power provider based in Phoenix, Arizona. The company is one of the largest electricity providers in the Southwest United States and serves over 1.2 million customers in 11 out of 15 Arizona counties. The history of Pinnacle West Capital Corp can be traced back to 1886 when the Phoenix Light and Fuel Company was founded to distribute electricity and gas in the region. Later, the company merged with other local energy providers before becoming Pinnacle West Capital Corp in its current form. The business model of Pinnacle West Capital Corp is based on the generation, transmission, and distribution of electricity to its customers. The company operates eight power plants and utilizes both fossil fuels such as coal and natural gas, as well as renewable energy sources like solar and wind power. APS aims to be emissions-free by 2050 and is pursuing a strategy to increase the share of renewable energy in its power generation. The company is divided into several business segments, including the "Power Generation" segment, which includes power plants that produce electricity for APS, and the "Power Transmission and Distribution" segment, which includes APS' transmission and distribution lines. Additionally, Pinnacle West Capital Corp offers various products and services to meet the energy needs of its customers. This includes rates and plans for residential and commercial customers, as well as programs to promote energy efficiency, conduct energy audits, and install solar panels. The company has also introduced initiatives to promote electric vehicles and reduce the consumption of fossil fuels. Pinnacle West Capital Corp has also been heavily involved in the community, supporting local nonprofit organizations and programs to create jobs and support educational institutions. Overall, Pinnacle West Capital Corp is a major electricity provider and energy supplier in the Southwest United States. The company strives to provide reliable energy supply to its customers while also achieving its environmental and community goals.

Pinnacle West Capital SWOT Analysis

Strengths

Pinnacle West Capital Corp possesses several strengths that contribute to its overall performance in the industry. One of its key strengths is its diversified portfolio of energy assets. With a range of utility and non-utility businesses, the company has built a strong foundation for consistent revenue generation.

Additionally, Pinnacle West Capital Corp benefits from a solid financial position and a strong market presence. Its stable financials provide the company with the ability to invest in new projects, expand operations, and remain competitive in the market.

Weaknesses

Despite its strengths, Pinnacle West Capital Corp faces certain weaknesses that may hinder its growth potential. One notable weakness is its dependence on regulatory decisions and policies. As a utility company, the company's operations and profitability are significantly impacted by government regulations and changes in energy policies.

Furthermore, the company's heavy reliance on traditional fossil fuels presents another weakness. As the market shifts towards renewable energy sources, Pinnacle West Capital Corp may face challenges in adapting its business model to align with the evolving energy landscape.

Opportunities

Pinnacle West Capital Corp has several opportunities to explore and capitalize on in the energy sector. The increasing demand for renewable energy creates an opportunity for the company to expand its renewable energy portfolio and invest in clean energy technologies.

Moreover, the company can benefit from the ongoing modernization of the energy grid. As smart grid technologies emerge, Pinnacle West Capital Corp can leverage these advancements to enhance operational efficiency, customer experience, and overall profitability.

Threats

In an ever-changing industry, Pinnacle West Capital Corp faces certain threats that could pose risks to its business. One significant threat is the volatility of energy prices. Fluctuations in fuel costs and energy market conditions can impact the company's profitability, especially in the short term.

Furthermore, the increasing competition from alternative energy providers poses another threat. As renewable energy sources become more popular, Pinnacle West Capital Corp may face intensified competition from solar, wind, and other clean energy companies.

Pinnacle West Capital Eulerpool Fair Value

Pinnacle West Capital historical P/E ratio, EBIT multiple, and P/S ratio

Pinnacle West Capital annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Pinnacle West Capital shares outstanding

The number of shares was Pinnacle West Capital in 2025 — This indicates how many shares 116.232 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2005
96.6 M base_Shares
Jan 1, 2006
100 M base_Shares
Jan 1, 2007
100.8 M base_Shares
Jan 1, 2008
101 M base_Shares
Jan 1, 2009
101.3 M base_Shares
Jan 1, 2010
107.1 M base_Shares
Jan 1, 2011
109.9 M base_Shares
Jan 1, 2012
110.5 M base_Shares
Jan 1, 2013
110.8 M base_Shares
Jan 1, 2014
111.2 M base_Shares
Jan 1, 2015
111.6 M base_Shares
Jan 1, 2016
112 M base_Shares
Jan 1, 2017
112.4 M base_Shares
Jan 1, 2018
112.6 M base_Shares
Jan 1, 2019
112.8 M base_Shares

Pinnacle West Capital Dividend History

34 years of dividend payments · 10 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.91USDYTD
Feb 2, 20260.91USD 0.0%1/1
20253.6USD 1.7%
Feb 3, 20250.9USD 0.0%1/4
May 5, 20250.9USD 0.0%2/4
Aug 1, 20250.9USD 0.0%3/4
Nov 3, 20250.91USD 1.7%4/4
20243.54USD 1.7%
20233.47USD 1.8%
20223.42USD 2.2%
20213.34USD 5.1%
20203.18USD 6.1%
20193USD 6.1%
20182.82USD 6.1%
20172.66USD 5.1%

Pinnacle West Capital dividend history and estimates

In 2025, Pinnacle West Capital paid a dividend amounting to 3.6 USD. Dividend means that Pinnacle West Capital distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2005
1.92 USD
0 USD
Jan 1, 2006
2.03 USD
0 USD
Jan 1, 2007
2.1 USD
0 USD
Jan 1, 2008
2.1 USD
0 USD
Jan 1, 2009
2.1 USD
0 USD
Jan 1, 2010
2.1 USD
0 USD
Jan 1, 2011
2.1 USD
0 USD
Jan 1, 2012
2.12 USD
0 USD
Jan 1, 2013
2.77 USD
0 USD
Jan 1, 2014
2.87 USD
0 USD
Jan 1, 2015
2.41 USD
0 USD
Jan 1, 2016
2.53 USD
0 USD
Jan 1, 2017
2.66 USD
0 USD
Jan 1, 2018
2.82 USD
0 USD
Jan 1, 2019
3 USD
0 USD

Pinnacle West Capital dividend payout ratio

In 2025, Pinnacle West Capital had a payout ratio of 73.03%. The payout ratio indicates the percentage of the company's profits that Pinnacle West Capital distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2005
105.77 %
Jan 1, 2006
61.93 %
Jan 1, 2007
69.08 %
Jan 1, 2008
87.87 %
Jan 1, 2009
313.43 %
Jan 1, 2010
64.42 %
Jan 1, 2011
68.18 %
Jan 1, 2012
61.45 %
Jan 1, 2013
75.68 %
Jan 1, 2014
80.03 %
Jan 1, 2015
61.48 %
Jan 1, 2016
64.05 %
Jan 1, 2017
61.29 %
Jan 1, 2018
62.31 %
Jan 1, 2019
62.79 %
Price targets and forecasts for Pinnacle West Capital are not yet available.

Pinnacle West Capital Earnings Estimates

Pinnacle West Capital Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/4/2026-0.06USD1.1 BUSD2026 Q1
2/25/20260.04USD1.18 BUSD2025 Q4
5/2/20240.12USD-USD2024 Q1
2/21/2024-0.12USD1.09 BUSD2023 Q4
8/1/20231.46USD1.11 BUSD2023 Q2
5/2/20230.15USD833.42 MUSD2023 Q1
2/23/2023-0.22USD618.91 MUSD2022 Q4
11/3/20222.63USD1.33 BUSD2022 Q3
8/3/20221.33USD989.21 MUSD2022 Q2
5/4/20220.06USD703.11 MUSD2022 Q1
...

EESG©

Eulerpool ESG Scorecard© for the Pinnacle West Capital stock

76/100
99
Environment
95
Social
35
Governance
E

Environment

20
Scope 1 - Direct Emissions10,628,383.35
Scope 2 - Indirect emissions from purchased energy164,171
Scope 3 - Indirect emissions within the value chain2,535,737
Total CO₂ emissions10,792,554.35
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees26
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Pinnacle West Capital shareholder structure

% Name
12.98705%
Capital Research Global Investors
Capital Research Global Investors
12.64641%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
7.53512%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
5.72701%
State Street Investment Management (US)
State Street Investment Management (US)
5.72574%
Barrow Hanley Global Investors
Barrow Hanley Global Investors
4.70255%
Capital World Investors
Capital World Investors
3.39862%
Invesco Capital Management LLC
Invesco Capital Management LLC
2.60398%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
2.56696%
MFS Investment Management
MFS Investment Management
2.46313%
ATLAS Infrastructure Partners (UK) Ltd
ATLAS Infrastructure Partners (UK) Ltd
...

Pinnacle West Capital Executives and Management Board

JT

Mr. Jacob Tetlow

(52)

Executive Vice President, Chief Operating Officer- APS

Compensation3.94 M USD
TG

Mr. Theodore Geisler

(46)

Chairman of the Board, President, Chief Executive Officer, President - Arizona Public Service Co. · since 2020

Compensation3.87 M USD
AH

Mr. Adam Heflin

(61)

Executive Vice President, Chief Nuclear Officer - PVGS, of APS

Compensation3.42 M USD
AC

Mr. Andrew Cooper

(46)

Senior Vice President, Chief Financial Officer of the Company and APS

Compensation3.13 M USD
RS

Mr. Robert Smith

(55)

Executive Vice President, Chief Legal Officer, Chief Development Officer- Pinnacle West and APS

Compensation2.79 M USD

Pinnacle West Capital Supply Chain

Frequently asked questions about Pinnacle West Capital

Pinnacle West Capital Corp operates as an energy holding company in Arizona. Its primary subsidiary, Arizona Public Service (APS), generates and distributes electricity to residential, commercial, and industrial customers in the state. APS focuses on promoting a sustainable energy future by diversifying its energy sources, improving grid reliability, and implementing innovative technologies. Pinnacle West Capital Corp strives to achieve long-term success by efficiently providing safe, reliable, and affordable power while embracing environmental responsibility.

All fundamentals and in-depth analysis of Pinnacle West Capital

Our stock analysis for Pinnacle West Capital Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Pinnacle West Capital Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.