Inside the research
Pinnacle West Capital Corporation
PNW Research profile · latest available data
Price overview
$91.74
▲ +0.66 (+0.7%)
| 52w hi | $108.38 |
|---|---|
| 52w lo | $82.87 |
| Vol | 1.49M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.32
| Short | +0.16 |
|---|---|
| Medium | -0.62 |
| Long | -0.67 |
computed 2026-09-27
Key fundamentals
Pinnacle West Capital Corporation
Utilities · Utilities - Regulated Electric
| Market cap | $11.12B |
|---|---|
| Enterprise value | $27.66B |
| Trailing P/E | 17.61x |
| Forward P/E | 16.48x |
| EV / EBITDA | 12.87x |
| P / S (ttm) | 2.00x |
| Profit margin | 11.5% |
| Return on equity | 9.4% |
| Revenue growth | +7.1% |
| Earnings growth | -9.5% |
| Debt / equity | 233.29 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.12 | |
| Sector | -0.10 | |
| Technical | -0.32 | |
| Earnings | +0.00 | |
| Sentiment | +0.49 |
macro × 1.00 · 2026-09-27
Business overview
Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using nuclear, gas, oil, coal, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables. The company also owns and maintains substations, including transmission and distribution yards; and owns energy storage facilities. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.
Risk Metrics
| Beta vs SPX | 0.13 |
|---|---|
| Corr SPX | 0.13 |
| Annual vol | 17.1% |
| Annual ret | +2.3% |
| Sharpe | 0.13 |
| Max DD | -16.7% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $105.64 |
|---|---|
| High / Low | $123.00 / $87.00 |
| Median | $106.00 |
| Analysts | 14 |
| Strong Buy | 0 | |
|---|---|---|
| Buy | 4 | |
| Hold | 13 | |
| Sell | 0 | |
| Strong Sell | 1 |
Recent rating actions
| 2026-05-05 | Barclays | → Equal-Weight |
| 2026-04-21 | Truist Securities | → Hold |
| 2026-04-21 | Morgan Stanley | → Equal-Weight |
| 2026-04-14 | Argus Research | → Buy |
| 2026-03-31 | Barclays | → Equal-Weight |
| 2026-02-26 | Wells Fargo | → Equal-Weight |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-13 | Exhibits | read |
| 2026-08-07 | Reg FD Disclosure, Exhibits | read |
| 2026-08-04 | Material Agreement, Exhibits | read |
| 2026-08-04 | Earnings Release, Reg FD Disclosure… | read |
| 2026-06-29 | Officer / Director Change, Exhibits | read |
| 2026-06-08 | Reg FD Disclosure, Exhibits | read |
| 2026-06-05 | Other Material Event, Exhibits | read |
| 2026-06-05 | Exhibits | read |
| 2026-05-19 | Shareholder Vote | read |
| 2026-05-06 | Reg FD Disclosure, Exhibits | read |
| 2026-05-04 | Earnings Release, Reg FD Disclosure… | read |
| 2026-04-15 | Reg FD Disclosure, Exhibits | read |
Dividends
| Yield (TTM) | 2.98% |
|---|---|
| $ / share (TTM) | $2.73 |
| 5y CAGR | +2.5% |
Annual dividend per share
| 2021 | $3.34 |
|---|---|
| 2022 | $3.42 |
| 2023 | $3.47 |
| 2024 | $3.54 |
| 2025 | $3.60 |
| 2026 | $1.82 |
SEC Filings
The Long Run
FY 2010–2025 · 16 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $5.34B | +3.3% | |
| Operating income | $1.07B | +2.6% | |
| Cash from ops | $1.21B | +2.4% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $91.05 | $91.94 | $90.27 | $91.74 | 1.49M |
| Sep 24 | $92.42 | $92.42 | $91.03 | $91.08 | 1.20M |
| Sep 23 | $92.68 | $92.68 | $91.45 | $92.05 | 1.21M |
| Sep 22 | $93.26 | $93.92 | $92.88 | $93.16 | 860.60K |
| Sep 21 | $94.22 | $94.47 | $92.98 | $93.31 | 1.55M |
Understand the score. Research layers are inputs to a model, and the available data has limits.
Read the methodology →