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.
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Pinnacle West Capital Corporation (PNW) Return on invested capital
Pinnacle West Capital Corporation's return on invested capital over the twelve months to 30 June 2026 was 3.86%, up 0.1 percentage points from fiscal 2025 (3.78%). Over the past ten years it has ranged from 3.20% (fiscal 2022) to 6.28% (fiscal 2015); the current reading is higher than 45% of that period. That is in line with the Utilities Regulated Electric industry median of 3.87% and above the Utilities sector median of 3.63%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 3.78% | (0.11) |
| FY2024 | 3.89% | 0.52 |
| FY2023 | 3.37% | 0.17 |
| FY2022 | 3.20% | (0.57) |
| FY2021 | 3.77% | (0.28) |
| FY2020 | 4.05% | 0.33 |
| FY2019 | 3.72% | (0.86) |
| FY2018 | 4.58% | (1.06) |
| FY2017 | 5.64% | (0.01) |
| FY2016 | 5.65% | (0.63) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| EIX Edison International compare | 6.48% |
| KEP Korea Electric Power Corporation compare | 6.40% |
| OGE OGE Energy Corporation compare | 4.53% |
| EVRG Evergy Inc. compare | 4.15% |
| PNW Pinnacle West Capital Corporation | 3.86% |
| CMS CMS Energy Corporation compare | 3.56% |
| TXNM TXNM Energy, Inc. compare | 3.44% |
| IDA IDACORP, Inc. compare | 3.42% |
| LNT Alliant Energy Corporation compare | 3.12% |
| Utilities Regulated Electric industry median | 3.87% |
| Utilities sector median | 3.63% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on PNW
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
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- The full statement