Pinnacle West Capital Corporation PNW

91.74 0.66 0.72% as of 25 Sep
Market cap
$11.0B
P/E
17.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Pinnacle West Capital Corporation (PNW) Return on equity

Pinnacle West Capital Corporation's return on equity over the twelve months to 30 June 2026 was 9.21%, up 0.4 percentage points from fiscal 2025 (8.84%). Over the past ten years it has ranged from 7.94% (fiscal 2022) to 10.5% (fiscal 2021); the current reading is higher than 27% of that period. That is below the Utilities Regulated Electric industry median of 9.75% and in line with the Utilities sector median of 9.00%.

Return on equity, annual

Annual

Period Return on equity Change (points)
FY2025 8.84% (0.42)
FY2024 9.26% 1.20
FY2023 8.06% 0.12
FY2022 7.94% (2.57)
FY2021 10.5% 0.77
FY2020 9.74% (0.14)
FY2019 9.88% 0.13
FY2018 9.75% 0.05
FY2017 9.70% 0.54
FY2016 9.16% (0.31)

Against its own ten years

Low 7.94% High 10.5%
Ten-year median 9.47%
Current reading's percentile 27

Return on equity against peers

Company Return on equity
EIX Edison International compare 20.7%
KEP Korea Electric Power Corporation compare 16.4%
LNT Alliant Energy Corporation compare 11.1%
OGE OGE Energy Corporation compare 9.70%
IDA IDACORP, Inc. compare 9.42%
PNW Pinnacle West Capital Corporation 9.21%
EVRG Evergy Inc. compare 9.13%
TXNM TXNM Energy, Inc. compare 5.74%
ENIC Enel Chile S.A. compare 0.00%
Utilities Regulated Electric industry median 9.75%
Utilities sector median 9.00%
Market median 1.76%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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