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) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Pinnacle West Capital Corporation (PNW) trades at a P/E ratio of 19.5×. Over the past ten years it has ranged from 12.3× (February 2022) to 23.9× (July 2023); the current reading is higher than 76% 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 20.0×.

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
Jun 2026 20.1× 9.00%
Mar 2026 18.5× 7.14%
Dec 2025 17.2× (4.72%)
Sep 2025 18.1× 0.62%
42 more quarters

Against its own ten years

Low 12.3× High 23.9×
Ten-year median 17.8×
Current reading's percentile 75

P/E ratio against peers

Company P/E ratio
KEP Korea Electric Power Corporation compare 2.5×
EIX Edison International compare 5.7×
PNW Pinnacle West Capital Corporation 19.5×
CMS CMS Energy Corporation compare 20.7×
EVRG Evergy Inc. compare 20.7×
OGE OGE Energy Corporation compare 20.8×
LNT Alliant Energy Corporation compare 21.6×
IDA IDACORP, Inc. compare 22.5×
TXNM TXNM Energy, Inc. compare 32.3×
Utilities Regulated Electric industry median 19.5×
Utilities sector median 20.0×
Market median 18.1×

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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