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Friday 6 November 2026 Export PNW’s income statement to Excel — free account

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.

Revenue
+8.35%
EPS
+4.27%
Free cash flow
−24.9%
Total debt
+9.05%

Quarter to September 2026, against a year earlier

103.77 1.80 −1.71%
Market cap
$12.6B
P/E
19.0×
Fwd P/E
22.0×
Dividend yield
3.52%
F-score
3/9
Altman Z
0.69
Beneish M
−2.46
Dividend safety
40/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Pinnacle West Capital Corporation (PNW) EBITDA

Alert me on EBITDA

Pinnacle West Capital Corporation's EBITDA for fiscal 2025 was $2.5B, unchanged from fiscal 2024. Over the twelve months to 30 September 2026 it was $2.8B. Over the past ten years it has ranged from $1.4B (fiscal 2019) to $2.5B (fiscal 2025) — the current reading is the highest in ten years. EBITDA has risen for 6 consecutive fiscal years. Pinnacle West Capital Corporation ranks 24th of 39 Utilities Regulated Electric companies by EBITDA.

EBITDA, annual

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Annual newest first

Period EBITDA Change
FY2025 $2.5B 4.43%
FY2024 $2.4B 7.55%
FY2023 $2.2B 25.81%
FY2022 $1.8B 12.77%
FY2021 $1.6B 7.29%
FY2020 $1.5B 5.54%
FY2019 $1.4B (10.11%)
FY2018 $1.5B 2.38%
FY2017 $1.5B 4.65%
FY2016 $1.4B 0.76%

Quarterly newest first

Period EBITDA Change
Sep 2026 $1.2B 67.68%
Jun 2026 $722.8M 41.39%
Mar 2026 $511.2M 54.04%
Dec 2025 $331.8M (70.11%)
43 more quarters

Against its own ten years

Low $1.4B High $2.5B
Ten-year median $1.5B
Current reading's percentile 100

EBITDA against peers

Company EBITDA
KEP Korea Electric Power Corporation compare $18.7B
EIX Edison International compare $9.4B
EVRG Evergy Inc. compare $2.9B
PNW Pinnacle West Capital Corporation $2.8B
CMS CMS Energy Corporation compare $2.6B
LNT Alliant Energy Corporation compare $1.9B
OGE OGE Energy Corporation compare $1.4B
TXNM TXNM Energy, Inc. compare $1.1B
IDA IDACORP, Inc. compare $723.2M

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

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