P

    Pinnacle West Capital Corp (PNW)

    Official site

    UTILITIES • UTILITIES - REGULATED ELECTRIC • NYSE

    $97.64
    +0.00 (+0.00%)

    Market Cap: $11.83B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    68%(27/40)
    Avg Surprise
    +59.94%

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$3.15
    Range$2.98 - $3.43
    5 analysts
    EPS Revisions
    1
    0
    7d
    1
    3
    30d
    EPS Estimate Drift
    90d ago$3.20+1.6%
    60d ago$3.17+0.5%
    30d ago$3.16+0.4%
    7d ago$3.15-0.0%
    Current$3.15
    Revenue Consensus
    $1.8B
    Range$1.8B - $1.9B
    4 analysts
    Dec 31, 2026
    EPS Consensus$0.08
    Range$0.04 - $0.13
    9 analysts
    Revenue Consensus
    $1.1B
    Range$848M - $1.4B
    9 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.08---
    Sep 26EST
    		-$3.15---
    Jun 26
    		$1.43$1.49-4.03%Miss-9.5%
    Mar 26
    		$0.27$0.03+800.00%Beat+775.0%
    Dec 25
    		$0.13$0.03+288.06%Beat+316.7%
    Sep 25
    		$3.39$3.09+9.71%Beat+0.6%
    Jun 25
    		$1.58$1.59-0.63%Miss-10.2%
    Mar 25
    		$-0.04$0.02-300.00%Miss-126.7%
    Dec 24
    		$-0.06N/A+59.70%Beat-29900.0%
    Sep 24
    		$3.37$3.52-4.26%Miss-3.7%
    Jun 24
    		$1.76$1.26+39.68%Beat+87.2%
    Mar 24
    		$0.15$-0.01+1600.00%Beat+600.0%
    Dec 23
    		$-0.00N/A+99.85%Beat+99.9%
    Sep 23
    		$3.50$3.42+2.34%Beat+21.5%
    Jun 23
    		$0.94$1.16-18.97%Miss-35.2%
    Mar 23
    		$-0.03$0.02-250.00%Miss-120.0%
    Dec 22
    		$-0.21$-0.18-16.67%Miss-187.5%
    Sep 22
    		$2.88$2.61+10.34%Beat-4.0%
    Jun 22
    		$1.45$1.31+10.69%Beat-24.1%
    Mar 22
    		$0.15$0.07+114.29%Beat-53.1%
    Dec 21
    		$0.24$0.06+300.00%Beat+241.2%
    Sep 21
    		$3.00$2.78+7.91%Beat-2.3%
    Jun 21
    		$1.91$1.65+15.76%Beat+11.7%
    Mar 21
    		$0.32$0.25+28.00%Beat+18.5%
    Dec 20
    		$-0.17$0.04-525.00%Miss-129.8%
    Sep 20
    		$3.07$2.90+5.86%Beat+10.8%
    Jun 20
    		$1.71$1.48+15.54%Beat+33.6%
    Mar 20
    		$0.27$0.21+28.57%Beat+68.8%
    Dec 19
    		$0.57$0.47+21.28%Beat+147.8%
    Sep 19
    		$2.77$2.99-7.36%Miss-1.1%
    Jun 19
    		$1.28$1.40-8.57%Miss-13.5%
    Mar 19
    		$0.16$0.17-5.88%Miss+433.3%
    Dec 18
    		$0.23$0.18+27.78%Beat+21.1%
    Sep 18
    		$2.80$2.71+3.32%Beat+13.8%
    Jun 18
    		$1.48$1.48+0.00%Beat-0.7%
    Mar 18
    		$0.03N/A-62.50%Miss-85.7%
    Dec 17
    		$0.19$0.12+58.33%Beat-59.6%
    Sep 17
    		$2.46$2.32+6.03%Beat+4.7%
    Jun 17
    		$1.49$1.17+27.35%Beat-
    Mar 17
    		$0.21$0.17+23.53%Beat-
    Dec 16
    		$0.47$0.47+0.00%Beat-
    Sep 16
    		$2.35$2.41-2.49%Miss-

    Dividends

    Dividend Metrics

    Yield3.73%
    Annual/Share$3.64
    Payout Ratio24.93%
    Frequency4
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+1.73%
    5Y CAGR+2.50%
    View PNW's full dividend history

    Key Metrics

    Valuation
    P/E Ratio18.70EV/EBITDA12.78x
    Price/FCF-13.48xFCF Yield-7.42%
    Profitability
    Profit Margin11.50%Operating Margin21.30%
    ROE9.37%ROIC5.39%
    Financial Health
    Debt/Equity1.62xInterest Coverage2.50x
    Current Ratio0.59xQuick Ratio0.41x
    Trading Statistics
    Beta0.44Avg Volume1.07M
    52-Week High$110.1652-Week Low$82.14

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$98.36
    SMA 20$99.53
    SMA 50$102.93
    SMA 200$97.23
    EMA 10$98.43
    EMA 20$99.52
    EMA 50$101.10
    EMA 200$98.27

    MACD

    Line: -1.40Signal: -1.33Hist: -0.07

    ADX

    ADX: 23.9+DI: 14.3-DI: 24.9

    Aroon & PSAR

    Aroon Up4.0
    Aroon Down100.0
    PSAR$100.49

    Bollinger Bands

    Upper Band$102.47
    Lower Band$96.59
    %B Position590%(Upper)
    Band Width0.18

    RSI (14-Day)

    Neutral
    36.1

    Momentum Oscillators

    Stoch %K22.6
    Stoch %D24.6
    Williams %R-77.2
    ROC (10d)-2.8%
    Momentum-2.77
    CCI (20d)-118.7
    MFI (14d)47.5

    Volatility Measures

    ATR (14d)$1.83(1.9%)
    StdDev (20d)1.47
    Hist Vol13.0%(Low)

    Volume Flow

    VWAP$97.34
    OBV-4.7M
    AD Line-809.2M
    CMF (20d)-0.110

    Volume Metrics

    Avg Vol (20d)1.0M
    Vol Ratio0.9x
    VWMA (20d)$99.59

    Pivot Points

    R3$100.45
    R2$99.67
    R1$98.65
    Pivot Point$97.87
    S1$96.85
    S2$96.07
    S3$95.05

    Advanced Oscillators

    TSI-25.48
    Ultimate Osc43.2
    KST-50.36

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$1.46B$1.15B$1.13B$1.82B$1.36B$1.03B$1.10B$1.77B$1.31B$951.71M$991.57M$1.64B
    Cost of Revenue$841.88M$713.43M$719.11M$955.59M$763.61M$680.18M$723.40M$939.44M$709.44M$615.44M$657.27M$864.54M
    Gross Profit$613.86M$436.17M$409.06M$865.15M$595.14M$352.10M$372.01M$829.36M$599.56M$336.27M$334.31M$773.22M
    Operating Expenses$308.19M$304.99M$288.05M$283.31M$287.59M$294.88M$287.47M$282.37M$285.81M$269.48M$259.93M$256.96M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$3.28M$3.16M$1.72M$338,000$1.04M$584,000$83,000$145,000$2.14M$20,000$265,000$350,000
    Operating Income$305.67M$131.17M$121.01M$581.85M$307.55M$57.22M$84.54M$546.99M$313.75M$66.79M$74.38M$516.26M
    Interest Income$17.05M$14.78M$15.46M$17.67M$14.77M$13.25M$9.83M$9.59M$8.91M$10.29M$13.05M$11.98M
    Interest Expense$122.20M$115.90M$113.96M$111.20M$101.97M$94.84M$94.96M$98.02M$97.86M$86.63M$86.59M$87.82M
    Income Before Tax$212.07M$36.28M$17.59M$495.41M$231.89M$-6,521,000$-2,531,000$473.50M$240.53M$25.06M$7.07M$459.56M
    Income Tax Expense$31.30M$1.17M$-3,000$77.89M$35.02M$-6,183,000$-10,000$74.23M$32.42M$3.89M$2.79M$57.05M
    Net Income$180.77M$35.11M$17.60M$417.51M$196.87M$-338,000$-2,521,000$399.27M$208.11M$21.17M$4.28M$402.52M
    EBITDA$574.62M$397.24M$354.07M$828.36M$560.66M$325.72M$327.20M$807.98M$568.61M$327.81M$298.53M$754.98M
    EBIT$317.22M$137.40M$116.09M$588.94M$319.09M$75.07M$82.60M$561.93M$329.48M$101.40M$80.62M$535.41M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $3.86M
    Gov Obligations / Revenue
    0.1%
    Obligations YoY
    -5.8%
    Active Awards
    16
    New Awards (TTM)
    3
    Avg Remaining Term
    11.3 mo

    Top agency: Department of Health and Human Services at 40.8% of trailing twelve month obligations across 3 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    15B60826F00000059Department of JusticeFederal Prison System / Bureau of Prisons$1.20MOct 1, 2025
    140A1126P0060Department of the InteriorBureau of Indian Affairs and Bureau of Indian Education$40000Jun 10, 2026
    140A2326F0047Department of the InteriorBureau of Indian Affairs and Bureau of Indian Education$32000Apr 17, 2026

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    Could Pinnacle West Capital (PNW) Stock Be a Hidden Way to Bet on Arizona’s Explosive Growth?

    Pinnacle West Capital (PNW) reaffirmed its 2026 EPS guidance, with management optimistic about reaching the upper end due to strong Arizona load growth despite a Q2 2026 net income dip caused by higher interest expenses and depreciation. While TD Cowen raised its price target, the article explores both bullish factors like favorable regulatory developments and economic expansion, and bearish concerns like potential cost-recovery constraints and the pending rate case uncertainty. Investors should monitor the Arizona Corporation Commission's final decision on the 2025 rate case for potential valuation re-rating.

    Yahoo Finance•8/28/26•
    Neutral

    Pinnacle West stock holds close to consensus value as investors weigh utilities outlook

    Pinnacle West Capital (ISIN US7234841010) stock is trading near its analyst consensus value of $103.57, with a current price of $98.69 as of August 27, 2026. The stock has shown strong year-to-date performance, gaining 11.27% in USD, but recent five-day gains suggest a cooling momentum. Investors are balancing the company's regulated utility earnings with its modest discount to fair value and steady dividend profile.

    Ad-hoc-news.de•8/27/26•
    Neutral

    Pinnacle West Capital Corp. stock outperforms competitors on strong trading day

    Pinnacle West Capital Corp. (PNW) shares rose 1.04% to $98.69 on Wednesday, outperforming the broader market which saw the S&P 500 Index and Dow Jones Industrial Average decline. The company's stock closed 11.22% below its 52-week high achieved in July.

    MarketWatch•8/26/26•
    Somewhat-Bullish

    Is Pinnacle West Capital (PNW) Still Worth A Look Following Mixed Fair Value Signals?

    Pinnacle West Capital (PNW) has seen a 10.8% year-to-date return, outperforming the broader utilities group, but recent momentum has cooled with a 30-day share price decline of 7.91%. Analysts estimate a fair value of $105.07, suggesting it is 7% undervalued, largely based on steady earnings expectations. However, Simply Wall St's DCF model presents a different view, indicating the stock might be overvalued at $89.68 per share, highlighting mixed signals for investors.

    Yahoo Finance•8/26/26•
    Neutral

    Zacks.com featured highlights Super Micro Computer, State Street and Pinnacle West Capital

    Zacks.com highlights Super Micro Computer (SMCI), State Street (STT), and Pinnacle West Capital (PNW) as stocks with sustainable sales growth worth buying. The article emphasizes sales growth as a reliable indicator of a company's underlying strength, especially in the current market environment. It details each company's expected sales growth rates and their Zacks Rank, recommending them based on their consistent revenue increases.

    Yahoo Finance•8/26/26•
    Bullish

    Frequently Asked Questions About PNW

    What is PNW's current dividend yield?
    Pinnacle West Capital Corp (PNW) has a current dividend yield of 3.73%.
    Does PNW pay dividends?
    Yes, Pinnacle West Capital Corp pays dividends with a current yield of 3.73%.
    What is PNW's P/E ratio?
    Pinnacle West Capital Corp has a price-to-earnings (P/E) ratio of 18.70.
    What is PNW's market cap?
    Pinnacle West Capital Corp (PNW) has a market capitalization of $11.83B with a current stock price of $97.64.

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