Pinnacle West/$PNW
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Pinnacle West
Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility serving approximately 1.5 million customers across a 35,000-square-mile territory in central Arizona, including the Phoenix area. APS owns or leases 6.5 gigawatts of power generation capacity, including a 29% ownership stake in one of the largest nuclear plants in the US, Palo Verde. Half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear.
- Ticker
- $PNW
- Sector
- Utilities
- Primary listing
- NYSE
- Employees
- 6,610
- Headquarters
- Phoenix, United States
- Website
- www.pinnaclewest.com
Pinnacle West Metrics
BasicAdvanced
$13B
19.43
$5.34
0.47
$3.64
3.51%
Price and volume
Market cap
$13B
Beta
0.47
52-week high
$111.16
52-week low
$86.18
Average daily volume
1.6M
Dividend rate
$3.64
Financial strength
Current ratio
0.713
Quick ratio
0.405
Long term debt to equity
2.06
Total debt to equity
2.256
Dividend payout ratio (TTM)
66.00%
Interest coverage (TTM)
2.28%
Profitability
EBITDA (TTM)
2,209.866
Gross margin (TTM)
43.84%
Net profit margin (TTM)
11.59%
Operating margin (TTM)
20.95%
Effective tax rate (TTM)
14.41%
Revenue per employee (TTM)
$860,000
Management effectiveness
Return on assets (TTM)
2.36%
Return on equity (TTM)
9.09%
Valuation
Price to earnings (TTM)
19.434
Price to revenue (TTM)
2.202
Price to book
1.68
Price to tangible book (TTM)
1.81
Price to free cash flow (TTM)
-12.828
Free cash flow yield (TTM)
-7.80%
Free cash flow per share (TTM)
-8.094
Dividend yield (TTM)
3.51%
Forward dividend yield
3.51%
Growth
Revenue change (TTM)
7.52%
Earnings per share change (TTM)
8.65%
3-year revenue growth (CAGR)
6.58%
10-year revenue growth (CAGR)
5.03%
3-year earnings per share growth (CAGR)
8.40%
10-year earnings per share growth (CAGR)
3.35%
3-year dividend per share growth (CAGR)
1.70%
10-year dividend per share growth (CAGR)
3.83%
What the Analysts think about Pinnacle West
Analyst ratings (Buy, Hold, Sell) for Pinnacle West stock.
Analyst projections of the future price of Pinnacle West stock.
Bulls say / Bears say
Pinnacle West forecasts 5%–7% long-term EPS growth and expects its rate base to rise from about $12.2 billion in 2024 to $15.7 billion in 2028. Its planned investment in generation and grid infrastructure gives it a route to serve demand and grow regulated earnings, if spending is recovered in rates. (StockTitan)
APS says it maintained reliable service during a record peak demand of 9,053 megawatts in July, and reported that it had sufficient generation and reserves. Demonstrating it can handle extreme summer demand supports the case that it can serve further growth without sacrificing reliability. (Pinnacle West)
APS’s rate case seeks a roughly $609 million net revenue increase, with an estimated 14.69% customer bill impact on day one. The size of the request and opposition arguments over affordability create a risk that regulators approve less, or that higher bills provoke political resistance. (StockTitan, Journalaz)
The investment programme requires substantial external funding: Pinnacle West expects about $8 billion of financing in 2026–2028, including $1.0–$1.2 billion of new equity. Debt issuance and equity sales could weigh on returns through higher interest costs and shareholder dilution. (StockTitan)
Second-quarter net income fell to $178.6 million from $192.6 million a year earlier, as higher interest charges and depreciation, alongside lower transmission revenue, outweighed some benefits from stronger sales. This shows that demand growth is not yet preventing rising costs from pressuring earnings. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 15 Oct 2026.
Pinnacle West Financial Performance
Revenues and expenses
Pinnacle West Earnings Performance
Company profitability
Upcoming events
Pinnacle West News
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Funds containing Pinnacle West
AllUSDEURGBP
Fund name | Fund size | $PNW weighting |
|---|---|---|
Invesco S&P 500 High Dividend Low Volatility£HDLG | $456M | 1.52% |
Invesco S&P 500 High Dividend Low Volatility$HDLV | $456M | 1.52% |
Invesco S&P 500 Low Volatility£SPLG | $143M | 1.22% |
SPDR S&P 500 Low Volatility$LOWV | $113M | 1.21% |
SPDR S&P 500 Low Volatility£USLV | $113M | 1.21% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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