profit from every $100 of sales.
$0$100
Pinnacle West Capital
$107.00-0.03% today
+20.5% in 1 year
1-year low $86.551-year high $109.37
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $21.03 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Pinnacle West Capital sold, what it kept, and what it did with the cash.
Sales went from $4.32 billion in 2022 to $5.34 billion in 2025, with $617 million of profit last year.
SalesProfit
Pinnacle West Capital vs. similar companies
Pinnacle West Capital grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Pinnacle West Capital | 21.0× · Fair price | ||
 Dominion Energy | 19.9× · Fair price | ||
 WEC Energy Group | 24.8× · Fair price | ||
 Public Service Enterprise Group | 17.9× · Fair price | ||
 Ameren | 21.8× · Fair price |
AI analysis
An AI analyst reads Pinnacle West Capital's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 3,587 | 3,804 | 4,324 | 4,696 | 5,125 | 5,340 | |
| – | – | 1,708 | 1,845 | 2,137 | 2,221 | |
| 788 | 805 | 732 | 825 | 1,012 | 1,068 | |
| 1,474 | 1,524 | 1,649 | 1,781 | 2,070 | 2,130 | |
| 551 | 619 | 484 | 502 | 609 | 617 | |
| 4.87 | 5.47 | 4.26 | 4.41 | 5.24 | 5.05 | |
| – | – | 39.5% | 39.3% | 41.7% | 41.6% | |
| 22.0% | 21.2% | 16.9% | 17.6% | 19.7% | 20.0% | |
| 15.3% | 16.3% | 11.2% | 10.7% | 11.9% | 11.5% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 20,020 | 22,003 | 22,723 | 24,661 | 26,103 | 30,032 |
| Cash | 60 | 10 | 5 | 5 | 4 | 7 |
| Total debt | 6,919 | 8,035 | 8,877 | 10,303 | 11,048 | 14,300 |
| Total liabilities | – | – | 16,564 | 18,376 | 19,245 | 22,945 |
| 5,634 | 5,906 | 6,049 | 6,178 | 6,754 | 7,046 | |
| 113 | 113 | 113 | 114 | 116 | 122 | |
| 5.0% | 4.6% | 4.4% | 4.4% | 4.9% | 4.3% | |
| 9.8% | 10.5% | 8.0% | 8.1% | 9.0% | 8.7% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 966 | 860 | 1,241 | 1,208 | 1,610 | 1,805 | |
| 1,327 | 1,473 | 1,707 | 1,846 | 2,249 | 2,625 | |
| -360 | -613 | -466 | -639 | -639 | -820 | |
| Dividends paid | 351 | 369 | 379 | 386 | 395 | 423 |
| – | – | 3 | 4 | – | – | |
| 18 | 18 | 16 | 17 | 24 | 27 |
Valuation
- 21.0×
- 22.7×
- 28.87
- 1.7×
- 2.4×
- –
- 12.8×
- -6.3%
- 4.8%
- 3.7%
Profitability
- 41.6%
- 20.0%
- 11.5%
- 40.0%
- 4.4%
- 3.3%
- 9.3%
- 2.1%
- 5.4%
- –
Growth
- +8.3%
- +0.7%
- −28.2%
- +2.5%
- +1.5%
Financial health
- 6.9×
- 2.14
- 49.3%
- 3.4×
- 0.60
- 0.39
- 0.18
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 33%of 397
Top 46%of 392
Bottom 40%of 363
Top 32%of 397
Bottom 20%of 396
What analysts expect
- Average price target
- $101.63
- Range
- $90.00 – $108.00
- 6 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 4, 2026 | 0.27 | -0.03 | +1,000.0% |
| Feb 25, 2026 | 0.13 | 0.05 | +160.0% |
| Nov 3, 2025 | 3.39 | 3.04 | +11.5% |
| Aug 6, 2025 | 1.58 | 1.58 | +0.0% |
| May 1, 2025 | -0.04 | 0.05 | −180.0% |
| Feb 25, 2025 | -0.06 | -0.31 | +80.6% |
| Nov 6, 2024 | 3.37 | 3.49 | −3.4% |
| Aug 1, 2024 | 1.76 | 1.25 | +40.8% |
3.7%of the share price, paid each year
On $1,000 invested$37a year at today's yield, before tax
+2.5%2020 to 2025
Raised10 yearsin a row, in our data
Paid per share, each year
$2.41 in 2015 → $3.60 in 2025
How safe it looks
68.6% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
29No pass
Benjamin Graham
50No pass
Philip Fisher
36No pass
Peter Lynch
15No pass
Joel Greenblatt
17No pass
Charlie Munger
25No pass
Terry Smith
19No pass
Questions about Pinnacle West Capital
Is Pinnacle West Capital a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Pinnacle West Capital AI analysis
What does Pinnacle West Capital do?
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. It is in Regulated Electric, based in Phoenix, AZ, United States, with 6,610 employees.
Does Pinnacle West Capital pay a dividend?
Yes. At today's price the dividend is 3.7% a year, about 69% of its yearly profit. In 2025 it paid out $423 million in dividends.
Is Pinnacle West Capital stock halal?
No. Pinnacle West Capital does not pass our halal screen: its debt is 110% of its market value, at or above the 33% limit. How we check
How has Pinnacle West Capital stock done over the past year?
Up 20.5% over the past twelve months, to $107.00. It traded between $86.55 and $109.37 and is 2.2% below its high.
Who are Pinnacle West Capital's competitors?
The largest listed companies in the same industry are Dominion Energy, WEC Energy Group, Public Service Enterprise Group and Ameren. The peers table on this page compares their profit, growth and price with Pinnacle West Capital's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.