PINNACLE WEST CAPITAL CORP

PNW Utilities · Utilities

Latest period 2026-06-30 · 37 filings on record

Quarterly TTM Annual

8Q 3Y 5Y 10Y MAX

TTM 23-09 → TTM 26-06 12 TTM POINTS

SHOWING Trailing twelve months — each point sums the four quarters ending there.

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

OVERVIEWvs prior TTM Δ

Trailing twelve months · ending 2026-06-30 · green = improving · click a row to chart it

Revenue $5.6B +1.8% Gross margin 62.7% −0.8pp CHARTED Operating margin 20.5% −0.4pp Net margin 11.7% −0.5pp Net income $651.0M −2.4%

Debt / equity 1.61 +3.9%

EPS (diluted) — — EBITDA $2.1B +0.7%

Filings

TTM 23-09 → TTM 26-06 · following the period bar 15 match

ALL 10-K 10-Q Q1 Q2 Q3 FY SORT NEWEST ↓

Filings by fiscal year and period
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	no filing	no filing	no filing	10-K FY 2022

10-Q Q2 2026 2026-08-04 Pro → 10-Q Q1 2026 2026-05-04 Pro → 10-K FY 2025 2026-02-25 Pro → 10-Q Q3 2025 2025-11-03 Pro → 10-Q Q2 2025 2025-08-06 Pro → 10-Q Q1 2025 2025-05-01 Pro →

All 15 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 →

Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans

Trends

Trailing twelve months, rolling one quarter at a time

Revenue

Latest$5.6B vs prior TTM+1.8% Periods12

Revenue by period
Period	Period end	Revenue
TTM 23-09	2023-09-30	$4.7B
TTM 23-12	2023-12-31	$4.7B
TTM 24-03	2024-03-31	$4.7B
TTM 24-06	2024-06-30	$4.9B
TTM 24-09	2024-09-30	$5.0B
TTM 24-12	2024-12-31	$5.1B
TTM 25-03	2025-03-31	$5.2B
TTM 25-06	2025-06-30	$5.3B
TTM 25-09	2025-09-30	$5.3B
TTM 25-12	2025-12-31	$5.3B
TTM 26-03	2026-03-31	$5.5B
TTM 26-06	2026-06-30	$5.6B

Net income

Latest$651.0M vs prior TTM−2.4% Periods12

Net income by period
Period	Period end	Net income
TTM 23-09	2023-09-30	$494.8M
TTM 23-12	2023-12-31	$518.8M
TTM 24-03	2024-03-31	$538.9M
TTM 24-06	2024-06-30	$636.1M
TTM 24-09	2024-09-30	$632.8M
TTM 24-12	2024-12-31	$626.0M
TTM 25-03	2025-03-31	$604.5M
TTM 25-06	2025-06-30	$593.3M
TTM 25-09	2025-09-30	$611.5M
TTM 25-12	2025-12-31	$631.6M
TTM 26-03	2026-03-31	$667.1M
TTM 26-06	2026-06-30	$651.0M

Operating income

Latest$1.1B vs prior TTM−0.2% Periods12

Operating income by period
Period	Period end	Operating income
TTM 23-09	2023-09-30	$787.0M
TTM 23-12	2023-12-31	$824.6M
TTM 24-03	2024-03-31	$840.7M
TTM 24-06	2024-06-30	$971.2M
TTM 24-09	2024-09-30	$1.0B
TTM 24-12	2024-12-31	$1.0B
TTM 25-03	2025-03-31	$1.0B
TTM 25-06	2025-06-30	$996.3M
TTM 25-09	2025-09-30	$1.0B
TTM 25-12	2025-12-31	$1.1B
TTM 26-03	2026-03-31	$1.1B
TTM 26-06	2026-06-30	$1.1B

Gross margin

Latest62.7% vs prior TTM−0.8pp Periods12

Gross margin by period
Period	Period end	Gross margin
TTM 23-09	2023-09-30	60.3%
TTM 23-12	2023-12-31	61.8%
TTM 24-03	2024-03-31	62.7%
TTM 24-06	2024-06-30	63.5%
TTM 24-09	2024-09-30	64.1%
TTM 24-12	2024-12-31	64.4%
TTM 25-03	2025-03-31	64.6%
TTM 25-06	2025-06-30	64.1%
TTM 25-09	2025-09-30	64.0%
TTM 25-12	2025-12-31	63.8%
TTM 26-03	2026-03-31	63.5%
TTM 26-06	2026-06-30	62.7%

ZOOM

TTM 11-12 TTM 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

Grade history by period
Period	Period end	Growth	Quality	Safety
TTM 23-09	2023-09-30	81	46	81
TTM 23-12	2023-12-31	80	24	35
TTM 24-03	2024-03-31	83	27	35
TTM 24-06	2024-06-30	89	46	61
TTM 24-09	2024-09-30	51	44	69
TTM 24-12	2024-12-31	43	24	38
TTM 25-03	2025-03-31	14	21	30
TTM 25-06	2025-06-30	29	34	52
TTM 25-09	2025-09-30	23	36	60
TTM 25-12	2025-12-31	59	17	29
TTM 26-03	2026-03-31	81	19	29
TTM 26-06	2026-06-30	44	28	58