Pinnacle West Capital Corporati
PNW
Positions held
Your positionsPNW isn't in your positions.
Add it to see shares, cost, and P&L here.
Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-07.
- Pinnacle West Capital Corporation operates in a stable industry with regulated electric utilities, providing a reliable income stream for investors.
- Revenue increased by 27% compared to the prior quarter, reaching $1.5 billion.
- Gross margin improved to 42.2%, up from 38% in the previous quarter.
- The company's high debt-to-equity ratio of 233.3 raises concerns about financial stability and risk management.
- Earnings growth has declined by 9.5%, indicating potential challenges in profitability.
- Free cash flow is negative at -$929.5 million, suggesting liquidity issues.
Fundamentals
| Market cap | $11.87B | Enterprise value | $28.41B | Trailing P/E | 18.81 | Forward P/E | 17.54 |
| PEG | 3.74 | Price / book | 1.69 | Beta | 0.42 | Dividend yield | 3.72% |
| Revenue growth | 7.1% | Earnings growth | -9.5% | Gross margin | 43.4% | Operating margin | 21.3% |
| Profit margin | 11.5% | ROE | 9.4% | ROA | 2.3% | Debt / equity | 2.33 |
| Current ratio | 0.59 | Free cash flow | -$929.50M | Analyst recommendation | hold | Mean target | $102.93 |
| 52w high | $111.16 | 52w low | $86.18 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $1.5B | $1.1B | $1.1B | $1.8B | $1.4B | — |
| Op margin | 21.0% | 11.4% | 10.7% | 32.0% | 22.6% | — |
| Net income | $179M | $32.9M | $15.4M | $413M | $193M | — |
| Gross margin | 42.2% | 37.9% | 36.3% | 47.5% | 43.8% | — |
| Gross profit | $614M | $436M | $409M | $865M | $595M | — |
| Operating income | $306M | $131M | $121M | $582M | $308M | — |
- Revenue +27% vs prior quarter ($1.5B vs $1.1B).
- Gross margin 42.2% (was 38% prior quarter).
- Operating margin expanded to 21%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $5.3B | $5.1B | $4.7B | $4.3B |
| Op margin | 20.0% | 19.7% | 17.6% | 16.9% |
| Net income | $617M | $609M | $502M | $484M |
| Gross margin | 41.6% | 41.7% | 39.3% | 39.5% |
| Gross profit | $2.2B | $2.1B | $1.8B | $1.7B |
| Operating income | $1.1B | $1.0B | $825M | $732M |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-09 · Will Rising Customer Demand Support PNW's Long-Term Earnings Growth?
2026-10-07 · Pinnacle West Capital (PNW) Stock Sees Modest Fair Value Cut As Analysts Rework Targets
2026-10-05 · Jefferies Adjusts Pinnacle West Capital Price Target to $109 From $129, Maintains Buy Rating
2026-10-02 · Pinnacle West Sets Date for 2026 Third-Quarter Financial Results, Webcast/Conference Call
2026-09-30 · Barclays Adjusts PT on Pinnacle West Capital to $94 From $108, Maintains Equalweight Rating
2026-09-29 · Taiwan Semiconductor Expansion and Data Center Demand Power Pinnacle West Capital Corp (PNW)
2026-09-29 · Scotiabank Initiates Pinnacle West Capital at Sector Outperform
2026-09-25 · Is Pinnacle West Capital Stock Underperforming the S&P 500?
2026-09-18 · Morgan Stanley Adjusts PT on Pinnacle West Capital to $89 From $94, Keeps Equalweight Rating
2026-09-03 · 3 Wind Energy Stocks Worth Adding to Your Portfolio Right Now
2026-09-03 · Why Is Pinnacle West (PNW) Down 4.1% Since Last Earnings Report?
2026-08-28 · Could Pinnacle West Capital (PNW) Stock Be a Hidden Way to Bet on Arizona’s Explosive Growth?
Price (daily)
Full chart · RSI · MACD · patterns