pinnacle west capital corp. - PNW
PNW
Close Chg Chg %
93.60 -0.71 -0.75%
Closed Market
92.90
-0.71 (0.75%)
Volume: 1.30M
Last Updated:
Nov 22, 2024, 3:59 PM EDT
Company Overview: pinnacle west capital corp. - PNW
PNW Key Data
| Open $94.38 | Day Range 92.86 - 94.38 |
| 52 Week Range 65.20 - 94.38 | Market Cap $10.64B |
| Shares Outstanding 113.70M | Public Float 113.47M |
| Beta 0.52 | Rev. Per Employee N/A |
| P/E Ratio 17.73 | EPS $5.41 |
| Yield 375.99% | Dividend $0.90 |
| EX-DIVIDEND DATE Nov 4, 2024 | SHORT INTEREST N/A |
| AVERAGE VOLUME 1.54M |
PNW Performance
| 1 Week | 1.14% | ||
| 1 Month | 5.36% | ||
| 3 Months | 6.74% | ||
| 1 Year | 26.85% | ||
| 5 Years | 6.57% |
PNW Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
18
Full Ratings ➔
About pinnacle west capital corp. - PNW
Pinnacle West Capital Corp. is a holding company, which engages in the provision of energy and related products. It offers regulated retail and wholesale electricity businesses and related activities, such as generation, transmission, and distribution through its subsidiary, Arizona Public Service Co. The company was founded on February 20, 1985, and is headquartered in Phoenix, AZ.
PNW At a Glance
Pinnacle West Capital Corp.
400 North Fifth Street
Phoenix, Arizona 85072-3999
| Phone | 1-602-250-1000 | Revenue | 4.70B | |
| Industry | Electric Utilities | Net Income | 501.56M | |
| Sector | Utilities | 2023 Sales Growth | 8.593% | |
| Fiscal Year-end | 12 / 2024 | Employees | 81 | |
| View SEC Filings |
PNW Valuation
| P/E Current | 17.732 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 16.301 |
| Price to Sales Ratio | 1.741 |
| Price to Book Ratio | 1.319 |
| Price to Cash Flow Ratio | 6.77 |
| Enterprise Value to EBITDA | 9.065 |
| Enterprise Value to Sales | 3.955 |
| Total Debt to Enterprise Value | 0.555 |
PNW Efficiency
| Revenue/Employee | 57,975,197.531 |
| Income Per Employee | 6,192,061.728 |
| Receivables Turnover | 7.122 |
| Total Asset Turnover | 0.194 |
PNW Liquidity
| Current Ratio | 0.507 |
| Quick Ratio | 0.336 |
| Cash Ratio | 0.004 |
PNW Profitability
| Gross Margin | 30.254 |
| Operating Margin | 25.443 |
| Pretax Margin | 12.685 |
| Net Margin | 10.681 |
| Return on Assets | 2.068 |
| Return on Equity | 8.205 |
| Return on Total Capital | 3.043 |
| Return on Invested Capital | 3.417 |
PNW Capital Structure
| Total Debt to Total Equity | 166.781 |
| Total Debt to Total Capital | 62.516 |
| Total Debt to Total Assets | 39.954 |
| Long-Term Debt to Equity | 141.652 |
| Long-Term Debt to Total Capital | 53.097 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Pinnacle West Capital Corp. - PNW
Collapse All in section
| All values USD millions. | 2020 | 2021 | 2022 | 2023 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 3.59B | 3.80B | 4.32B | 4.70B | |
Sales Growth
| +3.34% | +6.05% | +13.68% | +8.59% | |
Cost of Goods Sold (COGS) incl D&A
| 2.56B | 2.97B | 3.68B | 3.28B | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 686.25M | 719.14M | 817.81M | 854.14M | |
Depreciation
| 616.25M | 639.14M | 733.81M | 764.14M | |
Amortization of Intangibles
| 70.00M | 80.00M | 84.00M | 90.00M | |
COGS Growth
| +2.99% | +16.06% | +23.62% | -10.92% | |
Gross Income
| 1.02B | 829.50M | 647.49M | 1.42B | |
Gross Income Growth
| +4.20% | -19.01% | -21.94% | +119.42% | |
Gross Profit Margin
| +28.55% | +21.81% | +14.97% | +30.25% |
| 2020 | 2021 | 2022 | 2023 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| - | - | - | - | - |
Research & Development
| - | - | - | - | - |
Other SG&A
| - | - | - | - | - |
SGA Growth
| - | - | - | - | - |
Other Operating Expense
| 232.12M | 241.03M | 222.86M | 225.93M | |
Unusual Expense
| 3.18M | (216.85M) | (307.29M) | 370.14M | |
EBIT after Unusual Expense
| 788.91M | 805.31M | 731.91M | 824.64M | |
Non Operating Income/Expense
| 46.30M | 135.66M | 99.28M | 102.38M | |
Non-Operating Interest Income
| 12.21M | 6.73M | 7.33M | 27.24M | |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 186.99M | 194.94M | 255.54M | 331.32M | |
Interest Expense Growth
| +5.70% | +4.25% | +31.09% | +29.66% | |
Gross Interest Expense
| 205.51M | 215.99M | 283.57M | 374.89M | |
Interest Capitalized
| 18.53M | 21.05M | 28.03M | 43.56M | |
Pretax Income
| 648.23M | 746.03M | 575.65M | 595.69M | |
Pretax Income Growth
| +19.59% | +15.09% | -22.84% | +3.48% | |
Pretax Margin
| +18.07% | +19.61% | +13.31% | +12.69% | |
Income Tax
| 78.17M | 110.09M | 74.83M | 76.91M | |
Income Tax - Current - Domestic
| 13.80M | (2.58M) | 37.57M | 24.13M | |
Income Tax - Current - Foreign
| - | - | - | - | - |
Income Tax - Deferred - Domestic
| 64.37M | 112.67M | 37.26M | 52.79M | |
Income Tax - Deferred - Foreign
| - | - | - | - | - |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 570.05M | 635.94M | 500.83M | 518.78M | |
Minority Interest Expense
| 19.49M | 17.22M | 17.22M | 17.22M | |
Net Income
| 550.56M | 618.72M | 483.60M | 501.56M | |
Net Income Growth
| +2.27% | +12.38% | -21.84% | +3.71% | |
Net Margin Growth
| +15.35% | +16.27% | +11.18% | +10.68% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 550.56M | 618.72M | 483.60M | 501.56M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 550.56M | 618.72M | 483.60M | 501.56M | |
EPS (Basic)
| 4.8867 | 5.4798 | 4.2722 | 4.4213 | |
EPS (Basic) Growth
| +2.07% | +12.14% | -22.04% | +3.49% | |
Basic Shares Outstanding
| 112.67M | 112.91M | 113.20M | 113.44M | |
EPS (Diluted)
| 4.8747 | 5.4661 | 4.264 | 4.4072 | |
EPS (Diluted) Growth
| +2.11% | +12.13% | -21.99% | +3.36% | |
Diluted Shares Outstanding
| 112.94M | 113.19M | 113.42M | 113.80M | |
EBITDA
| 1.48B | 1.31B | 1.24B | 2.05B | |
EBITDA Growth
| +3.92% | -11.55% | -4.98% | +64.91% | |
EBITDA Margin
| +41.21% | +34.38% | +28.73% | +43.63% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 92.917 | |
| Number of Ratings | 18 | Current Quarters Estimate | -0.229 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 5.049 | |
| Last Quarter’s Earnings | 3.37 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 4.41 | Next Fiscal Year Estimate | 4.602 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 9 | 6 | 15 | 15 |
| Mean Estimate | -0.23 | 0.08 | 5.05 | 4.60 |
| High Estimates | -0.04 | 0.38 | 5.40 | 5.10 |
| Low Estimate | -0.68 | -0.02 | 4.77 | 4.32 |
| Coefficient of Variance | -84.38 | 179.66 | 3.45 | 4.28 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 6 | 7 | 4 |
| OVERWEIGHT | 0 | 1 | 1 |
| HOLD | 10 | 9 | 9 |
| UNDERWEIGHT | 2 | 2 | 1 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Pinnacle West Capital Corp. - PNW
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Pinnacle West Capital Corp. - PNW
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| May 24, 2024 | James E. Trevathan Director | 1,908 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 24, 2024 | Bruce J. Nordstrom Director | 38,494 | Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $77.77 per share | 2,993,678.38 |
| May 24, 2024 | William Harold Spence Director | 1,908 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 24, 2024 | Kristine L. Svinicki Director | 1,908 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 24, 2024 | Gonzalo de la Melena Director | 1,908 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 24, 2024 | Paula J. Sims Director | 1,908 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 24, 2024 | Glynis A. Bryan Director | 1,908 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| May 24, 2024 | Richard P. Fox Director | 1,908 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Mar 21, 2024 | Adam C. Heflin | 4,982 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $69.1 per share | 344,256.20 |
| Mar 21, 2024 | Adam C. Heflin | 6,360 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 21, 2024 | Adam C. Heflin | 6,298 | Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 Non-derivative transaction at $69.1 per share | 435,191.80 |
| Mar 21, 2024 | Adam C. Heflin | 5,734 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $69.1 per share | 396,219.40 |
| Mar 21, 2024 | Adam C. Heflin | 6,391 | Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 Non-derivative transaction at $69.1 per share | 441,618.10 |
| Mar 21, 2024 | Adam C. Heflin | 2,499 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 21, 2024 | Adam C. Heflin | 6,942 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 21, 2024 | Adam C. Heflin | 4,131 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 21, 2024 | Adam C. Heflin | 5,644 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 21, 2024 | Adam C. Heflin | 6,660 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 21, 2024 | Adam C. Heflin | 3,189 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $69.1 per share | 220,359.90 |
| Mar 21, 2024 | Adam C. Heflin | 3,684 | Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 Non-derivative transaction at $69.1 per share | 254,564.40 |