PINNACLE WEST CAPITAL CORP
PNW Utilities · UtilitiesEach 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.
▼−37 over range · as of 2026-06-30
Revenue +7.1% YoY, earnings -8.2% YoY · sector avg 73
▼−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
▼−23 over range · as of 2026-06-30
Net debt 5.3x EBITDA, 3x interest coverage, 0.6x current ratio · sector avg 65
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 Operating margin 20.5% −0.4pp Net margin 11.7% −0.5pp Net income $651.0M −2.4%Filings
TTM 18-09 → TTM 26-06 · following the period bar 30 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 | 10-Q Q1 2021 | 10-Q Q2 2021 | 10-Q Q3 2021 | 10-K FY 2021 |
| 2020 | 10-Q Q1 2020 | 10-Q Q2 2020 | 10-Q Q3 2020 | 10-K FY 2020 |
| 2019 | no filing | no filing | 10-Q Q3 2019 | 10-K FY 2019 |
All 30 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 → 10-Q Q2 2021 2021-08-05 Pro → 10-Q Q1 2021 2021-05-05 Pro → 10-K FY 2020 2021-02-24 Pro → 10-Q Q3 2020 2020-10-30 Pro → 10-Q Q2 2020 2020-08-06 Pro → 10-Q Q1 2020 2020-05-08 Pro → 10-K FY 2019 2020-02-21 Pro → 10-Q Q3 2019 2019-11-07 Pro → 10-K FY 2018 2019-02-22 Pro → 10-K FY 2017 2018-02-23 Pro →Filing-level fact detail is a Pro feature. The grades and figures above are free. See Pro plans
Trends
| Period | Period end | Revenue |
|---|---|---|
| TTM 18-09 | 2018-09-30 | $3.7B |
| TTM 18-12 | 2018-12-31 | $3.7B |
| TTM 19-03 | 2019-03-31 | $3.7B |
| TTM 19-06 | 2019-06-30 | $3.6B |
| TTM 19-09 | 2019-09-30 | $3.6B |
| TTM 19-12 | 2019-12-31 | $3.5B |
| TTM 20-03 | 2020-03-31 | $3.4B |
| TTM 20-06 | 2020-06-30 | $3.5B |
| TTM 20-09 | 2020-09-30 | $3.5B |
| TTM 20-12 | 2020-12-31 | $3.6B |
| TTM 21-03 | 2021-03-31 | $3.6B |
| TTM 21-06 | 2021-06-30 | $3.7B |
| TTM 21-09 | 2021-09-30 | $3.7B |
| TTM 21-12 | 2021-12-31 | $3.8B |
| TTM 22-03 | 2022-03-31 | $3.9B |
| TTM 22-06 | 2022-06-30 | $4.0B |
| TTM 22-09 | 2022-09-30 | $4.1B |
| TTM 22-12 | 2022-12-31 | $4.3B |
| TTM 23-03 | 2023-03-31 | $4.5B |
| TTM 23-06 | 2023-06-30 | $4.5B |
| 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 |
| Period | Period end | Net income |
|---|---|---|
| TTM 18-09 | 2018-09-30 | $526.1M |
| TTM 18-12 | 2018-12-31 | $530.5M |
| TTM 19-03 | 2019-03-31 | $545.2M |
| TTM 19-06 | 2019-06-30 | $522.6M |
| TTM 19-09 | 2019-09-30 | $519.9M |
| TTM 19-12 | 2019-12-31 | $557.8M |
| TTM 20-03 | 2020-03-31 | $569.9M |
| TTM 20-06 | 2020-06-30 | $619.3M |
| TTM 20-09 | 2020-09-30 | $653.4M |
| TTM 20-12 | 2020-12-31 | $570.1M |
| TTM 21-03 | 2021-03-31 | $575.7M |
| TTM 21-06 | 2021-06-30 | $596.7M |
| TTM 21-09 | 2021-09-30 | $589.5M |
| TTM 21-12 | 2021-12-31 | $635.9M |
| TTM 22-03 | 2022-03-31 | $616.7M |
| TTM 22-06 | 2022-06-30 | $565.9M |
| TTM 22-09 | 2022-09-30 | $552.4M |
| TTM 22-12 | 2022-12-31 | $500.8M |
| TTM 23-03 | 2023-03-31 | $480.6M |
| TTM 23-06 | 2023-06-30 | $422.9M |
| 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 |
| Period | Period end | Operating income |
|---|---|---|
| TTM 18-09 | 2018-09-30 | $792.4M |
| TTM 18-12 | 2018-12-31 | $773.7M |
| TTM 19-03 | 2019-03-31 | $802.4M |
| TTM 19-06 | 2019-06-30 | $756.9M |
| TTM 19-09 | 2019-09-30 | $726.8M |
| TTM 19-12 | 2019-12-31 | $672.0M |
| TTM 20-03 | 2020-03-31 | $652.3M |
| TTM 20-06 | 2020-06-30 | $717.6M |
| TTM 20-09 | 2020-09-30 | $769.3M |
| TTM 20-12 | 2020-12-31 | $788.2M |
| TTM 21-03 | 2021-03-31 | $795.3M |
| TTM 21-06 | 2021-06-30 | $811.8M |
| TTM 21-09 | 2021-09-30 | $786.1M |
| TTM 21-12 | 2021-12-31 | $805.3M |
| TTM 22-03 | 2022-03-31 | $812.3M |
| TTM 22-06 | 2022-06-30 | $757.0M |
| TTM 22-09 | 2022-09-30 | $745.2M |
| TTM 22-12 | 2022-12-31 | $731.9M |
| TTM 23-03 | 2023-03-31 | $728.1M |
| TTM 23-06 | 2023-06-30 | $688.3M |
| 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 |
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.
Hover to read every grade at a period · shared with the trends chart · axis fixed 0–100
| Period | Period end | Growth | Quality | Safety |
|---|---|---|---|---|
| TTM 18-09 | 2018-09-30 | not scored | not scored | not scored |
| TTM 18-12 | 2018-12-31 | not scored | not scored | not scored |
| TTM 19-03 | 2019-03-31 | not scored | not scored | not scored |
| TTM 19-06 | 2019-06-30 | not scored | not scored | not scored |
| TTM 19-09 | 2019-09-30 | not scored | not scored | not scored |
| TTM 19-12 | 2019-12-31 | not scored | not scored | not scored |
| TTM 20-03 | 2020-03-31 | not scored | not scored | not scored |
| TTM 20-06 | 2020-06-30 | not scored | not scored | not scored |
| TTM 20-09 | 2020-09-30 | not scored | not scored | not scored |
| TTM 20-12 | 2020-12-31 | not scored | not scored | not scored |
| TTM 21-03 | 2021-03-31 | not scored | not scored | not scored |
| TTM 21-06 | 2021-06-30 | not scored | not scored | not scored |
| TTM 21-09 | 2021-09-30 | not scored | not scored | not scored |
| TTM 21-12 | 2021-12-31 | not scored | not scored | not scored |
| TTM 22-03 | 2022-03-31 | not scored | not scored | not scored |
| TTM 22-06 | 2022-06-30 | not scored | not scored | not scored |
| TTM 22-09 | 2022-09-30 | not scored | not scored | not scored |
| TTM 22-12 | 2022-12-31 | not scored | not scored | not scored |
| TTM 23-03 | 2023-03-31 | not scored | not scored | not scored |
| TTM 23-06 | 2023-06-30 | not scored | not scored | not scored |
| 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 |