PN
PINNACLE WEST CAPITAL CORP
PNW Utilities · Utilities
Latest period 2026-06-30 · 37 filings on record
SHOWING
Discrete quarters as filed — each point is one 10-Q, or a Q4 derived from the 10-K.
Ranked against Utilities · 35 peers
Each grade is a single reported quarter's assessment, never an average — a card shows the grade at the newest quarter in view, so it follows the period and range controls above. Latest scored quarter: 2026-06-30.
Growth
44th pct
▼−37 over range · as of 2026-06-30
Revenue +7.1% YoY, earnings -8.2% YoY · sector avg 73
Quality
28th pct
▼−18 over range · as of 2026-06-30
12.4% net margin, 9% return on equity, -16% free-cash-flow margin, profitable in 6 of last 8 quarters · sector avg 51
Safety
58th pct
▼−23 over range · as of 2026-06-30
Net debt 5.3x EBITDA, 3x interest coverage, 0.6x current ratio · sector avg 65
OVERVIEWQoQ Δ
Latest quarter · ending 2026-06-30 · green = improving · click a row to chart it
Revenue $1.5B +26.6% CHARTED Gross margin 61.6% −0.4pp Operating margin 21.0% +9.6pp Net margin 12.4% +9.4pp Net income $180.8M +414.8%
Debt / equity
1.61
+3.9%
EPS (diluted)
$1.43
+429.6%
EBITDA
$563.1M
+44.0%
Filings
21-09 → 26-06 · following the period bar 20 match| Year | Q1 | Q2 | Q3 | FY |
|---|---|---|---|---|
| 2026 | 10-Q Q1 2026 | 10-Q Q2 2026 | no filing | no filing |
| 2025 | 10-Q Q1 2025 | 10-Q Q2 2025 | 10-Q Q3 2025 | 10-K FY 2025 |
| 2024 | 10-Q Q1 2024 | 10-Q Q2 2024 | 10-Q Q3 2024 | 10-K FY 2024 |
| 2023 | 10-Q Q1 2023 | 10-Q Q2 2023 | 10-Q Q3 2023 | 10-K FY 2023 |
| 2022 | 10-Q Q1 2022 | 10-Q Q2 2022 | 10-Q Q3 2022 | 10-K FY 2022 |
| 2021 | no filing | no filing | 10-Q Q3 2021 | 10-K FY 2021 |
All 20 filings
10-K FY 2024 2025-02-25 Pro → 10-Q Q3 2024 2024-11-06 Pro → 10-Q Q2 2024 2024-08-01 Pro → 10-Q Q1 2024 2024-05-02 Pro → 10-K FY 2023 2024-02-27 Pro → 10-Q Q3 2023 2023-11-02 Pro → 10-Q Q2 2023 2023-08-03 Pro → 10-Q Q1 2023 2023-05-04 Pro → 10-K FY 2022 2023-02-27 Pro → 10-Q Q3 2022 2022-11-03 Pro → 10-Q Q2 2022 2022-08-03 Pro → 10-Q Q1 2022 2022-05-04 Pro → 10-K FY 2021 2022-02-25 Pro → 10-Q Q3 2021 2021-11-05 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
Quarter-over-quarter, from cached filings
Revenue
| Period | Period end | Revenue |
|---|---|---|
| 21-09 | 2021-09-30 | $1.3B |
| 21-12 | 2021-12-31 | $798.9M |
| 22-03 | 2022-03-31 | $783.5M |
| 22-06 | 2022-06-30 | $1.1B |
| 22-09 | 2022-09-30 | $1.5B |
| 22-12 | 2022-12-31 | $1.0B |
| 23-03 | 2023-03-31 | $945.0M |
| 23-06 | 2023-06-30 | $1.1B |
| 23-09 | 2023-09-30 | $1.6B |
| 23-12 | 2023-12-31 | $991.6M |
| 24-03 | 2024-03-31 | $951.7M |
| 24-06 | 2024-06-30 | $1.3B |
| 24-09 | 2024-09-30 | $1.8B |
| 24-12 | 2024-12-31 | $1.1B |
| 25-03 | 2025-03-31 | $1.0B |
| 25-06 | 2025-06-30 | $1.4B |
| 25-09 | 2025-09-30 | $1.8B |
| 25-12 | 2025-12-31 | $1.1B |
| 26-03 | 2026-03-31 | $1.1B |
| 26-06 | 2026-06-30 | $1.5B |
Net income
| Period | Period end | Net income |
|---|---|---|
| 21-09 | 2021-09-30 | $344.1M |
| 21-12 | 2021-12-31 | $31.9M |
| 22-03 | 2022-03-31 | $21.3M |
| 22-06 | 2022-06-30 | $168.6M |
| 22-09 | 2022-09-30 | $330.6M |
| 22-12 | 2022-12-31 | -$19.7M |
| 23-03 | 2023-03-31 | $1.0M |
| 23-06 | 2023-06-30 | $111.0M |
| 23-09 | 2023-09-30 | $402.5M |
| 23-12 | 2023-12-31 | $4.3M |
| 24-03 | 2024-03-31 | $21.2M |
| 24-06 | 2024-06-30 | $208.1M |
| 24-09 | 2024-09-30 | $399.3M |
| 24-12 | 2024-12-31 | -$2.5M |
| 25-03 | 2025-03-31 | -$338.0K |
| 25-06 | 2025-06-30 | $196.9M |
| 25-09 | 2025-09-30 | $417.5M |
| 25-12 | 2025-12-31 | $17.6M |
| 26-03 | 2026-03-31 | $35.1M |
| 26-06 | 2026-06-30 | $180.8M |
Operating income
| Period | Period end | Operating income |
|---|---|---|
| 21-09 | 2021-09-30 | $429.4M |
| 21-12 | 2021-12-31 | $50.0M |
| 22-03 | 2022-03-31 | $54.5M |
| 22-06 | 2022-06-30 | $223.1M |
| 22-09 | 2022-09-30 | $417.6M |
| 22-12 | 2022-12-31 | $36.8M |
| 23-03 | 2023-03-31 | $50.7M |
| 23-06 | 2023-06-30 | $183.3M |
| 23-09 | 2023-09-30 | $516.3M |
| 23-12 | 2023-12-31 | $74.4M |
| 24-03 | 2024-03-31 | $66.8M |
| 24-06 | 2024-06-30 | $313.7M |
| 24-09 | 2024-09-30 | $547.0M |
| 24-12 | 2024-12-31 | $84.5M |
| 25-03 | 2025-03-31 | $57.2M |
| 25-06 | 2025-06-30 | $307.6M |
| 25-09 | 2025-09-30 | $581.8M |
| 25-12 | 2025-12-31 | $121.0M |
| 26-03 | 2026-03-31 | $131.2M |
| 26-06 | 2026-06-30 | $305.7M |
ZOOM
11-03
26-06
Grade history
Point-in-time: each period shows the grade of the quarter it ends at — grades are never summed or averaged across a window.
Growth
44
Quality
28
Safety
58
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| 21-09 | 2021-09-30 | not scored | not scored | not scored |
| 21-12 | 2021-12-31 | not scored | not scored | not scored |
| 22-03 | 2022-03-31 | not scored | not scored | not scored |
| 22-06 | 2022-06-30 | not scored | not scored | not scored |
| 22-09 | 2022-09-30 | not scored | not scored | not scored |
| 22-12 | 2022-12-31 | not scored | not scored | not scored |
| 23-03 | 2023-03-31 | not scored | not scored | not scored |
| 23-06 | 2023-06-30 | not scored | not scored | not scored |
| 23-09 | 2023-09-30 | 81 | 46 | 81 |
| 23-12 | 2023-12-31 | 80 | 24 | 35 |
| 24-03 | 2024-03-31 | 83 | 27 | 35 |
| 24-06 | 2024-06-30 | 89 | 46 | 61 |
| 24-09 | 2024-09-30 | 51 | 44 | 69 |
| 24-12 | 2024-12-31 | 43 | 24 | 38 |
| 25-03 | 2025-03-31 | 14 | 21 | 30 |
| 25-06 | 2025-06-30 | 29 | 34 | 52 |
| 25-09 | 2025-09-30 | 23 | 36 | 60 |
| 25-12 | 2025-12-31 | 59 | 17 | 29 |
| 26-03 | 2026-03-31 | 81 | 19 | 29 |
| 26-06 | 2026-06-30 | 44 | 28 | 58 |