NYSE · ELECTRIC SERVICES · LARGE CAP
Pinnacle West Capital Corp. PNW
18 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY12 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
$5.3B
▲ 4.2% vs FY2024
Dividend streak
12 yrs
Raised every year since 2014
EPS · FY25
$5.05
Dividend / sh · FY25
$3.61
Payout · FY25
67%
ROE · FY25
9.2%
Net margin · FY25
11.8%
Dividend coverage
1.4×
Advertisement
AdSense · Leaderboard 728×90320×100
Result
USD 5.3B
Revenue, FY2025 · full 18-year series below
Revenue
Net income
12 cents of every revenue dollar became profit this year.
Per share
USD 5.05
Diluted EPS, FY2025
EPS
Dividend
Earnings covered the dividend 1.4 times — the rest stayed in the company.
Profitability
9.2%
Return on equity, FY2025
ROE
Operating margin20.0%
Net margin11.8%
Return on assets2.3%
Each USD of equity produced 9 cents of profit this year.
Returned to shareholders
USD 422.8M
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 422.8M
Net buybacks—
Share of profit66.9%
Consecutive raises12 years
USD 422.8M in dividends — 67% of the year's profit went back to shareholders.
Growth
+8.3% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+7.3%
+8.3%
+4.3%
+3.5%
Net income
+8.0%
+2.1%
+3.3%
+3.6%
EPS, diluted
+5.8%
+0.7%
+2.6%
+2.9%
Dividend / share
+1.7%
+2.2%
+4.0%
+3.7%
Returned to shareholders
+3.7%
+3.8%
+5.0%
+4.5%
Compound annual rates per period — left blank where the series crosses a loss.
Share base
—
Shares outstanding, FY2025
Change, 5 years—
Change, 10 years—
A share split breaks the comparison across the period, so we leave it out.
Advertisement
AdSense · Leaderboard 728×90300×250
Balance sheet
USD 30.0B
total assets, end of FY2025
Total assetsUSD 30.0B
EquityUSD 7.0B
CashUSD 6.6M
Gross debtUSD 9.8B
Net debtUSD 9.8B
Current ratio0.54×
Net debt stands at 139% of equity.
History
18 fiscal years
Every figure from documents filed with the SEC · USD
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
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
59
282
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
10.6
2.2
·
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.
How we verifyAUDITED
52 of 52
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity
Every figure was compared against the original statement: 0 failures and 0 presentation gaps.
What we don’t show
We’d rather say what’s missing than fill the gap with an estimate.
P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed