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

Pinnacle West Capital Corporation (PNW) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Pinnacle West Capital Corporation (PNW) trades at a P/E ratio of 19.0×. Over the past ten years it has ranged from 12.3× (February 2022) to 23.9× (July 2023); the current reading is higher than 67% of that period. That is in line with the Utilities Regulated Electric industry median of 19.5× and in line with the Utilities sector median of 19.5×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 17.2× 8.70%
FY2024 15.8× (4.34%)
FY2023 16.6× (5.23%)
FY2022 17.5× 35.68%
FY2021 12.9× (21.21%)
FY2020 16.3× (12.92%)
FY2019 18.8× 0.48%
FY2018 18.7× (2.67%)
FY2017 19.2× (1.43%)
FY2016 19.5× 19.31%

Quarterly newest first

Period P/E ratio Change
Sep 2026 17.0× (15.39%)
Jun 2026 20.1× 9.00%
Mar 2026 18.5× 7.14%
Dec 2025 17.2× (4.72%)
43 more quarters

Against its own ten years

Low 12.3× High 23.9×
Ten-year median 17.9×
Current reading's percentile 65

P/E ratio against peers

Company P/E ratio
KEP Korea Electric Power Corporation compare 2.6×
EIX Edison International compare 6.5×
EVRG Evergy Inc. compare 18.9×
PNW Pinnacle West Capital Corporation 19.0×
OGE OGE Energy Corporation compare 19.0×
LNT Alliant Energy Corporation compare 20.3×
IDA IDACORP, Inc. compare 22.1×
TXNM TXNM Energy, Inc. compare 27.3×
CMS CMS Energy Corporation compare 33.3×
Utilities Regulated Electric industry median 19.5×
Utilities sector median 19.5×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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