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Saturday 17 October 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. 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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Pinnacle West Capital Corporation (PNW) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, Pinnacle West Capital Corporation (PNW) trades at a EV/EBITDA of 8.9×. Over the past ten years it has ranged from 7.3× (June 2015) to 12.5× (February 2020); the current reading is higher than 38% of that period. That is below the Utilities Regulated Electric industry median of 12.2× and below the Utilities sector median of 12.4×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 8.5× 6.29%
FY2024 8.0× 2.36%
FY2023 7.8× (16.92%)
FY2022 9.4× (4.03%)
FY2021 9.8× (7.49%)
FY2020 10.6× (7.75%)
FY2019 11.4× 19.43%
FY2018 9.6× 0.59%
FY2017 9.5× 5.95%
FY2016 9.0× 17.29%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 9.1× 2.59%
Mar 2026 8.9× 4.69%
Dec 2025 8.5× (1.94%)
Sep 2025 8.6× (0.96%)
42 more quarters

Against its own ten years

Low 7.3× High 12.5×
Ten-year median 9.3×
Current reading's percentile 38

EV/EBITDA against peers

Company EV/EBITDA
KEP Korea Electric Power Corporation compare 3.6×
EIX Edison International compare 6.5×
PNW Pinnacle West Capital Corporation 8.9×
EVRG Evergy Inc. compare 11.4×
OGE OGE Energy Corporation compare 11.7×
TXNM TXNM Energy, Inc. compare 11.9×
CMS CMS Energy Corporation compare 13.4×
LNT Alliant Energy Corporation compare 16.1×
IDA IDACORP, Inc. compare 16.8×
Utilities Regulated Electric industry median 12.2×
Utilities sector median 12.4×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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