Pinnacle West Capital Corporation

PNW Utilities Utilities Regulated Electric

Pinnacle West Capital Corporation’s revenue for fiscal 2025 (year ended December 2025) was $5.3 billion, up 4.20% from fiscal 2024. In the quarter to June 2026, revenue grew 7.14%, EPS fell 8.70%, free cash flow grew 36.8% and total debt rose 10.8%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five.

103.57 1.99 +1.96%
Market cap
$12.3B
P/E
19.5×
Fwd P/E
21.9×
Dividend yield
3.51%
F-score
3/9
Altman Z
0.69
Beneish M
−2.46
Dividend safety
40/100

Pinnacle West Capital Corporation (PNW) Current ratio

Alert me on Current ratio

Pinnacle West Capital Corporation's current ratio at the end of the quarter to 30 June 2026 was 0.6×, up 0.1× from fiscal 2025 (0.5×). Over the past ten years it has ranged from 0.5× (fiscal 2019) to 1.0× (fiscal 2022); the current reading is higher than 18% of that period. That is below the Utilities Regulated Electric industry median of 0.8× and below the Utilities sector median of 0.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 0.5× (9.27%)
FY2024 0.6× (10.92%)
FY2023 0.7× (32.87%)
FY2022 1.0× 12.52%
FY2021 0.9× 0.24%
FY2020 0.9× 77.72%
FY2019 0.5× (11.66%)
FY2018 0.6× (33.88%)
FY2017 0.8× 33.42%
FY2016 0.6× 3.00%

Quarterly newest first

Period Current ratio Change
Jun 2026 0.6× (0.83%)
Mar 2026 0.6× 11.15%
Dec 2025 0.5× (20.10%)
Sep 2025 0.7× 29.31%
42 more quarters

Against its own ten years

Low 0.5× High 1.0×
Ten-year median 0.6×
Current reading's percentile 18

Current ratio against peers

Company Current ratio
IDA IDACORP, Inc. compare 1.0×
CMS CMS Energy Corporation compare 0.9×
OGE OGE Energy Corporation compare 0.8×
EIX Edison International compare 0.7×
PNW Pinnacle West Capital Corporation 0.6×
TXNM TXNM Energy, Inc. compare 0.6×
LNT Alliant Energy Corporation compare 0.5×
KEP Korea Electric Power Corporation compare 0.4×
EVRG Evergy Inc. compare 0.4×
Utilities Regulated Electric industry median 0.8×
Utilities sector median 0.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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