NYSE · ELECTRIC SERVICES · LARGE CAP
Pinnacle West Capital Corp. PNW
18 fiscal years on record · USD · FY2025 reported · SEC filings only
12 YEARS OF DIVIDEND GROWTH
Growth
USD 5.3B
Revenue, FY2025 · full 18-year series below
Revenue $B
Net income $B
FY2025 · Revenue 5.3 · Net income 0.6
Compound annual growth
+7.3%
+8.3%
+4.3%
+3.5%
+8.0%
+2.1%
+3.3%
+3.6%
+5.8%
+0.7%
+2.6%
+2.9%
+1.7%
+2.2%
+4.0%
+3.7%
+3.7%
+3.8%
+5.0%
+4.5%
3 yrs
5 yrs
10 yrs
15 yrs
Revenue compounded at +8.3% a year over five years — but profit grew slower: net income at +2.1%, earnings per share at +0.7%.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Profitability
12 cents
of every revenue dollar became profit
Operating margin
Net margin
FY2025 · Operating 20.0% · Net 11.8%
ROE
FY2025 · ROE 9.2%
Each USD of equity produced 9 cents of profit this year.
The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue $B | 5.3 | 5.1 | 4.7 | 4.3 | 3.8 | 3.6 | 3.5 | 3.7 | 3.6 | 3.5 | 3.5 | 3.5 | 3.5 | 3.3 | 3.2 | 3.2 | 3.2 | 3.2 |
| Operating income $B | 1.1 | 1.0 | 0.8 | 0.7 | 0.8 | 0.8 | 0.7 | 0.8 | 0.9 | 0.8 | 0.9 | 0.8 | 0.8 | 0.9 | 0.7 | 0.7 | 0.6 | 0.6 |
| EBITDA $B | 2.0 | 2.0 | 1.7 | 1.5 | 1.5 | 1.5 | 1.3 | 1.4 | 1.5 | 1.4 | 1.4 | 1.3 | 1.3 | 1.3 | 1.2 | 1.2 | 1.1 | 1.0 |
| Income tax $B | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | −0.0 | 0.1 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 |
| Net income $B | 0.6 | 0.6 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.1 | 0.2 |
| Free cash flow $B | −0.8 | −0.6 | −0.6 | −0.5 | −0.6 | −0.4 | −0.2 | 0.1 | −0.3 | −0.3 | 0.0 | 0.2 | 0.1 | 0.3 | 0.2 | 0.0 | 0.3 | −0.1 |
| EPS, diluted $ | 5.05 | 5.24 | 4.41 | 4.26 | 5.47 | 4.87 | 4.77 | 4.54 | 4.35 | 3.95 | 3.92 | 3.58 | 3.66 | 3.45 | 3.09 | 3.27 | 0.67 | 2.40 |
| Dividend / sh $ | 3.61 | 3.55 | 3.49 | 3.43 | 3.36 | 3.23 | 3.04 | 2.87 | 2.70 | 2.56 | 2.44 | 2.33 | 2.23 | 2.67 | 2.10 | 2.10 | 2.10 | 2.10 |
| Payout % | 67 | 63 | 74 | 76 | 58 | 61 | 59 | 58 | 57 | 59 | 57 | 58 | 53 | 54 | 60 | 62 | 300 | 84 |
| ROE % | 9.2 | 9.7 | 8.5 | 8.4 | 11.0 | 10.3 | 10.5 | 10.4 | 10.4 | 9.8 | 10.2 | 9.9 | 10.8 | 10.6 | 9.8 | 10.0 | 2.1 | · |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
Provenance
Company facts, as filed
How we verify · 0 failures in 70 reconciliationsAUDITED
Reconciled in 18 of 19 fiscal years. 15 checks could not be computed.
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityElectric Services
Listed onNYSE
Incorporated inArizona
Fiscal year endsDecember 31
Data on record since2008