Pinnacle West Capital Corporation PNW
- Market cap
- $11.0B
- P/E
- 17.2×
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Pinnacle West Capital Corporation (PNW) Net margin
Pinnacle West Capital Corporation's net margin over the twelve months to 30 June 2026 was 11.5%, down 0.0 percentage points from fiscal 2025 (11.6%). Over the past ten years it has ranged from 10.7% (fiscal 2023) to 16.3% (fiscal 2021); the current reading is higher than 27% of that period. That is below the Utilities Regulated Electric industry median of 12.9% and in line with the Utilities sector median of 11.5%.
Net margin, annual
Annual
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 11.6% | (0.33) |
| FY2024 | 11.9% | 1.20 |
| FY2023 | 10.7% | (0.50) |
| FY2022 | 11.2% | (5.09) |
| FY2021 | 16.3% | 0.92 |
| FY2020 | 15.4% | (0.16) |
| FY2019 | 15.5% | 1.67 |
| FY2018 | 13.8% | 0.14 |
| FY2017 | 13.7% | 1.07 |
| FY2016 | 12.6% | 0.12 |
Quarterly
| Period | Net margin | Change (points) |
|---|---|---|
| Jun 2026 | 12.3% | 9.41 |
| Mar 2026 | 2.86% | 1.49 |
| Dec 2025 | 1.37% | (21.32) |
| Sep 2025 | 22.7% | 8.52 |
| 42 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| EIX Edison International compare | 19.3% |
| IDA IDACORP, Inc. compare | 18.8% |
| LNT Alliant Energy Corporation compare | 18.5% |
| EVRG Evergy Inc. compare | 15.2% |
| OGE OGE Energy Corporation compare | 14.4% |
| ENIC Enel Chile S.A. compare | 12.1% |
| PNW Pinnacle West Capital Corporation | 11.5% |
| TXNM TXNM Energy, Inc. compare | 8.77% |
| KEP Korea Electric Power Corporation compare | 8.11% |
| Utilities Regulated Electric industry median | 12.9% |
| Utilities sector median | 11.5% |
| Market median | 0.55% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on PNW
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement