Pinnacle West/$PNW
1D1W1MYTD1Y5YMAX
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 1.4 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
$11B
18.14
$5.19
0.44
$3.64
3.86%
Price and volume
Market cap
$11B
Beta
0.44
52-week high
$111.16
52-week low
$85.70
Average daily volume
967K
Dividend rate
$3.64
Financial strength
Current ratio
0.594
Quick ratio
0.311
Long term debt to equity
2.08
Total debt to equity
2.333
Dividend payout ratio (TTM)
67.39%
Interest coverage (TTM)
2.26%
Profitability
EBITDA (TTM)
2,149.111
Gross margin (TTM)
43.35%
Net profit margin (TTM)
11.52%
Operating margin (TTM)
20.79%
Effective tax rate (TTM)
14.50%
Revenue per employee (TTM)
$840,000
Management effectiveness
Return on assets (TTM)
2.33%
Return on equity (TTM)
9.36%
Valuation
Price to earnings (TTM)
18.143
Price to revenue (TTM)
2.045
Price to book
1.62
Price to tangible book (TTM)
1.76
Price to free cash flow (TTM)
-12.269
Free cash flow yield (TTM)
-8.15%
Free cash flow per share (TTM)
-7.679
Dividend yield (TTM)
3.86%
Forward dividend yield
3.86%
Growth
Revenue change (TTM)
5.69%
Earnings per share change (TTM)
7.88%
3-year revenue growth (CAGR)
6.91%
10-year revenue growth (CAGR)
4.65%
3-year earnings per share growth (CAGR)
13.32%
10-year earnings per share growth (CAGR)
3.21%
3-year dividend per share growth (CAGR)
1.71%
10-year dividend per share growth (CAGR)
3.91%
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
APS is benefiting from unusually strong underlying demand rather than weather alone: second-quarter weather-normalised sales rose 9.6% and customers grew 2.1%. Commercial and industrial sales were particularly strong, giving Pinnacle West a credible load-growth engine in data centres, advanced manufacturing and Arizona’s expanding economy. (Last10K, The Motley Fool)
Management’s plan targets 5–7% long-term EPS growth and is supported by about $10.35 billion of APS investment from 2025 to 2028. The planned spending is expected to lift the regulated rate base from about $12.23 billion in 2024 to $15.7 billion in 2028, creating a sizeable base for future earnings. (StockTitan)
APS is adding firm capacity as demand rises, including a planned 380-megawatt conversion of retired Cholla coal units to gas by 2029. It has also invested in nearly 100 megawatts of additional Palo Verde nuclear capacity and is pursuing licence renewals, supporting a more durable and diversified generation platform. (The Motley Fool, StockTitan)
APS is seeking roughly $580 million of extra annual revenue, which would lift a typical 1,000-kWh residential bill by about $20 a month. The size of the proposed increase creates affordability and political risks, so the Arizona Corporation Commission may approve less or delay recovery. (Government Computer News)
A Maricopa County Superior Court stay has halted implementation of Arizona’s new formula-rate plan, adding uncertainty to the mechanism intended to reduce regulatory lag. A prolonged legal dispute could leave APS funding new investment before it can recover the cost through rates. (Morningstar)
Pinnacle West’s second-quarter earnings fell to $1.43 a share from $1.58 as interest costs and depreciation increased, while transmission revenue declined. Its heavy investment programme is also requiring debt and equity funding, including a new $500 million at-the-market share programme, which raises interest and dilution risks. (Last10K, The Motley Fool)
Data summarised monthly by Lightyear AI. Last updated on 18 Sept 2026.
Pinnacle West Financial Performance
Revenues and expenses
Pinnacle West Earnings Performance
Company profitability
Upcoming events
No upcoming events
Pinnacle West News
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Funds containing Pinnacle West
AllEURGBPUSD
Fund name | Fund size | $PNW weighting |
|---|---|---|
iShares Dow Jones U.S. Select Dividend€EXX5 | €412M | 0.93% |
iShares S&P 500 Utilities Sector€2B7A | €1.2B | 0.89% |
iShares S&P 500 Utilities Sector£IUSU | £1B | 0.89% |
iShares Global Infrastructure€INFR | €2.1B | 0.37% |
iShares S&P 500 Equal Weight€O4J0 | €4.3B | 0.18% |
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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