Last 7 days
3.8%
Last 30 days
5.0%
Last 90 days
13.6%
Trailing 12 Months
-4.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 4.7B | 0 | 0 | 0 |
2023 | 4.5B | 4.5B | 4.7B | 4.7B |
2022 | 3.9B | 4.0B | 4.1B | 4.3B |
2021 | 3.6B | 3.7B | 3.7B | 3.8B |
2020 | 3.4B | 3.5B | 3.5B | 3.6B |
2019 | 3.7B | 3.6B | 3.6B | 3.5B |
2018 | 3.6B | 3.6B | 3.7B | 3.7B |
2017 | 3.5B | 3.5B | 3.5B | 3.6B |
2016 | 3.5B | 3.5B | 3.5B | 3.5B |
2015 | 3.5B | 3.5B | 3.5B | 3.5B |
2014 | 3.5B | 3.4B | 3.5B | 3.5B |
2013 | 3.4B | 3.4B | 3.4B | 3.5B |
2012 | 3.2B | 3.3B | 3.3B | 3.3B |
2011 | 3.2B | 3.2B | 3.2B | 3.2B |
2010 | 3.2B | 3.1B | 3.2B | 3.2B |
2009 | 0 | 3.2B | 3.2B | 3.2B |
2008 | 0 | 0 | 0 | 3.2B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index
Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.
Returns of $10,000 invested in:
Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022
Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Feb 20, 2024 | heflin adam c | back to issuer | -29,643 | 69.1 | -429 | - |
Feb 20, 2024 | cooper andrew d | sold (taxes) | -112,218 | 69.1 | -1,624 | svp & cfo |
Feb 20, 2024 | geisler theodore n | acquired | - | - | 5,388 | - |
Feb 20, 2024 | geisler theodore n | gifted | - | - | 4,697 | - |
Feb 20, 2024 | tetlow jacob | acquired | - | - | 1,883 | - |
Feb 20, 2024 | cooper andrew d | acquired | - | - | 530 | svp & cfo |
Feb 20, 2024 | geisler theodore n | back to issuer | -17,344 | 69.1 | -251 | - |
Feb 20, 2024 | mountain paul j | acquired | - | - | 475 | vp, finance and treasurer |
Feb 20, 2024 | mountain paul j | gifted | - | - | -902 | vp, finance and treasurer |
Feb 20, 2024 | geisler theodore n | gifted | - | - | -4,697 | - |
Which funds bought or sold PNW recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 06, 2024 | Empirical Finance, LLC | added | 3.41 | 21,357 | 303,329 | 0.02% |
May 06, 2024 | Parallel Advisors, LLC | added | 84.51 | 9,378 | 19,579 | -% |
May 06, 2024 | NEW YORK LIFE INVESTMENT MANAGEMENT LLC | reduced | -3.77 | 1,174 | 1,133,800 | 0.01% |
May 06, 2024 | SFE Investment Counsel | added | 32.59 | 373,679 | 1,358,960 | 0.31% |
May 06, 2024 | LMCG INVESTMENTS, LLC | reduced | -29.92 | -278,497 | 749,318 | 0.04% |
May 06, 2024 | TEXAS PERMANENT SCHOOL FUND CORP | added | 0.12 | 69,681 | 1,751,670 | 0.01% |
May 06, 2024 | ORG Partners LLC | new | - | 761 | 761 | -% |
May 06, 2024 | DUALITY ADVISERS, LP | sold off | -100 | -1,421,640 | - | -% |
May 06, 2024 | Savant Capital, LLC | reduced | -2.94 | 2,709 | 280,935 | -% |
May 06, 2024 | Wealthspire Advisors, LLC | reduced | -0.14 | 7,932 | 212,533 | -% |
Unveiling Pinnacle West Capital Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Pinnacle West Capital Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AEP | 47.4B | 19.3B | 16.81 | 2.45 | ||||
AWK | 25.7B | 4.3B | 26.78 | 5.96 | ||||
AEE | 19.8B | 7.3B | 17.18 | 2.73 | ||||
ATO | 18.2B | 3.9B | 19.62 | 4.6 | ||||
NRG | 15.3B | 28.5B | 9.3 | 0.54 | ||||
AGR | 14.2B | 8.3B | 15.96 | 1.72 | ||||
AES | 13.4B | 12.5B | -2.1K | 1.07 | ||||
CPK | 2.5B | 670.6M | 28.27 | 3.68 | ||||
MID-CAP | ||||||||
PNW | 8.7B | 4.7B | 16.1 | 1.85 | ||||
ALE | 3.6B | 1.9B | 14.7 | 1.93 | ||||
AVA | 3.0B | 1.9B | 15.71 | 1.57 | ||||
SMALL-CAP | ||||||||
CWCO | 427.3M | 180.2M | 14.37 | 2.37 | ||||
CDZI | 158.3M | 2.0M | -5.03 | 78.74 | ||||
VIA | 35.3M | 415.8M | 1.49 | 0.08 | ||||
CREG | 8.2M | - | -10.98 | 12.3 |
Pinnacle West Capital Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -4.0% | 952 | 992 | 1,638 | 1,122 | 945 | 1,009 | 1,470 | 1,062 | 784 | 799 | 1,308 | 1,000 | 696 | 741 | 1,255 | 930 | 662 | 670 | 1,191 | 870 | 741 |
Costs and Expenses | -3.5% | 885 | 917 | 1,121 | 938 | 894 | 973 | 1,052 | 839 | 729 | 749 | 879 | 722 | 649 | 710 | 799 | 668 | 622 | 658 | 787 | 673 | 680 |
EBITDA Margin | 2.2% | 0.26* | 0.26* | 0.25* | 0.25* | 0.25* | 0.26* | 0.26* | 0.26* | 0.26* | 0.26* | 0.26* | 0.26* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 0.0% | 87.00 | 87.00 | 88.00 | 82.00 | 75.00 | 69.00 | 63.00 | 62.00 | 61.00 | 60.00 | 59.00 | 58.00 | 57.00 | 59.00 | 57.00 | 58.00 | 55.00 | 56.00 | 54.00 | 53.00 | 54.00 |
Income Taxes | 39.6% | 4.00 | 3.00 | 57.00 | 16.00 | 1.00 | -8.75 | 53.00 | 27.00 | 4.00 | -3.99 | 72.00 | 47.00 | -4.35 | -19.91 | 77.00 | 41.00 | -20.21 | -88.54 | 53.00 | 17.00 | 2.00 |
Earnings Before Taxes | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -652 | 428 | 240 | 15.00 | - | 370 | 166 | 25.00 |
EBT Margin | -0.1% | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | 0.01* | - | - | - | - | - | - | - | - | - |
Net Income | 394.2% | 21.00 | 4.00 | 403 | 111 | 1.00 | -19.69 | 331 | 169 | 21.00 | 32.00 | 344 | 219 | 41.00 | -14.52 | 351 | 198 | 35.00 | 69.00 | 317 | 149 | 23.00 |
Net Income Margin | 3.7% | 0.11* | 0.11* | 0.10* | 0.09* | 0.11* | 0.12* | 0.13* | 0.14* | 0.16* | 0.17* | 0.16* | 0.16* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -7.1% | 347 | 374 | 396 | 226 | 212 | 210 | 444 | 248 | 341 | 200 | 348 | 110 | 202 | 194 | 403 | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 0.8% | 24,848 | 24,661 | 24,434 | 23,979 | 23,580 | 22,723 | 22,845 | 22,501 | 22,201 | 22,003 | 21,536 | 21,062 | 20,185 | 20,020 | 19,751 | 19,307 | 18,562 | 18,479 | 18,378 | 18,166 | 17,854 |
Current Assets | -7.5% | 1,782 | 1,927 | 2,162 | 1,852 | 1,748 | 1,751 | 2,017 | 1,798 | 1,595 | 1,551 | 1,709 | 1,523 | 1,170 | 1,198 | 1,455 | 1,147 | 1,078 | 1,030 | 1,133 | 1,029 | 876 |
Cash Equivalents | 94.4% | 10.00 | 5.00 | 15.00 | 8.00 | 7.00 | 5.00 | 7.00 | 29.00 | 14.00 | 10.00 | 26.00 | 14.00 | 17.00 | 60.00 | 182 | 7.00 | 63.00 | 10.00 | 30.00 | 2.00 | 6.00 |
Net PPE | 0.4% | 15,867 | 15,803 | 15,621 | 15,469 | 14,552 | 14,522 | 14,477 | 14,500 | 14,248 | 14,184 | 14,023 | 13,958 | 13,759 | 13,728 | 13,453 | 13,438 | 13,147 | 13,198 | 13,126 | 13,159 | 12,365 |
Current Liabilities | 5.8% | 3,056 | 2,889 | 1,968 | 1,933 | 1,724 | 1,762 | 2,061 | 2,022 | 1,597 | 1,757 | 1,649 | 2,023 | 1,331 | 1,360 | 1,245 | 1,496 | 2,295 | 2,078 | 1,587 | 1,901 | 1,591 |
Short Term Borrowings | 30.2% | 794 | 610 | 424 | 305 | 498 | 341 | 467 | 541 | 263 | 292 | 125 | 505 | 215 | 169 | 58.00 | 292 | 563 | 115 | 57.00 | 432 | 244 |
Long Term Debt | 0.0% | 7,542 | 7,541 | 8,164 | 8,164 | 7,917 | 7,741 | 7,344 | 7,241 | 7,227 | 6,914 | 6,763 | 6,316 | 6,465 | 6,314 | 6,316 | 5,922 | 4,833 | 4,833 | 4,985 | 4,887 | 4,886 |
LT Debt, Current | - | - | - | 250 | 250 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Non Current | -100.0% | - | 7,541 | 8,164 | 8,164 | 7,917 | 7,741 | 7,344 | 7,241 | 7,227 | 6,914 | 6,763 | 6,316 | 6,465 | 6,314 | 6,316 | 5,922 | 4,833 | 4,833 | 4,985 | 4,887 | 4,886 |
Shareholder's Equity | 2.2% | 6,311 | 6,178 | 6,375 | 6,076 | 6,164 | 6,049 | 6,362 | 6,022 | 6,050 | 6,021 | 6,186 | 5,835 | 5,807 | 5,753 | 5,967 | 5,610 | 5,597 | 5,553 | 5,682 | 5,357 | 5,382 |
Retained Earnings | 0.5% | 3,483 | 3,466 | 3,666 | 3,268 | 3,357 | 3,360 | 3,580 | 3,254 | 3,282 | 3,265 | 3,429 | 3,089 | 3,061 | 3,025 | 3,231 | 2,885 | 2,868 | 2,838 | 2,950 | 2,638 | 2,659 |
Additional Paid-In Capital | -100.0% | - | 3,322 | 3,322 | 3,322 | 3,322 | 3,172 | 3,172 | 3,172 | 3,172 | 3,022 | 2,872 | 2,872 | 2,872 | 2,872 | 2,722 | 2,722 | 2,722 | 2,722 | 2,722 | 2,722 | 2,722 |
Accumulated Depreciation | 2.2% | 8,595 | 8,408 | 8,319 | 8,199 | 8,073 | 7,930 | 7,799 | 7,668 | 7,597 | 7,505 | 7,368 | 7,279 | 7,190 | 7,110 | 7,000 | 6,905 | 6,784 | 6,638 | 6,552 | 6,471 | 6,399 |
Shares Outstanding | 0.2% | 114 | 113 | 113 | 113 | 113 | 113 | 113 | 113 | 113 | 113 | 113 | 113 | - | - | - | - | - | - | - | - | - |
Minority Interest | 4.0% | 112 | 107 | 114 | 109 | 116 | 111 | 118 | 113 | 120 | 115 | 122 | 117 | 124 | 119 | 126 | 121 | 127 | 123 | 129 | 124 | 131 |
Float | - | - | - | - | 9,215 | - | - | - | 8,248 | - | - | - | 9,025 | - | - | - | 8,232 | - | 10,536 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -7.1% | 347,353 | 373,798 | 396,286 | 226,008 | 211,605 | 209,527 | 443,628 | 247,678 | 340,608 | 199,501 | 348,163 | 110,338 | 202,012 | 194,346 | 402,987 | 185,404 | 183,628 | 121,965 | 488,827 | 172,502 | 173,432 |
Share Based Compensation | 17.8% | 5,935 | 5,037 | 5,079 | 3,590 | 3,635 | 3,118 | 4,952 | 2,534 | 5,338 | 1,752 | 3,224 | 2,147 | 11,337 | 6,173 | 2,989 | 2,848 | 6,282 | 1,890 | 2,761 | 1,651 | 12,074 |
Cashflow From Investing | 7.5% | -424,092 | -458,345 | -352,133 | -430,532 | -453,239 | -396,151 | -427,645 | -419,909 | -374,341 | -424,617 | -312,744 | -301,499 | -348,069 | -322,315 | -302,982 | -311,361 | -341,160 | -298,964 | -304,375 | -273,125 | -254,513 |
Cashflow From Financing | 9.4% | 81,418 | 74,394 | -36,703 | 205,231 | 243,753 | 184,424 | -38,140 | 187,452 | 37,732 | 209,397 | -23,877 | 188,105 | 103,291 | 6,011 | 75,158 | 69,581 | 210,388 | 157,430 | -156,248 | 96,162 | 81,424 |
Dividend Payments | -100.0% | - | 98,030 | 96,221 | 96,157 | 96,078 | 96,043 | 94,296 | 94,277 | 94,265 | 94,149 | 91,829 | 91,779 | 91,721 | 91,653 | 86,358 | 86,309 | 86,257 | 86,527 | 81,137 | 81,082 | 80,897 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | 653 | 562 | -738 | - | 555 | -524 | -1,680 | - | 2,230 | 293 | -2,653 |
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Income Statement [Abstract] | ||
OPERATING REVENUES (Note 2) | $ 951,712 | $ 944,955 |
OPERATING EXPENSES | ||
Fuel and purchased power | 357,864 | 394,504 |
Operations and maintenance | 257,578 | 250,080 |
Depreciation and amortization | 210,294 | 191,906 |
Taxes other than income taxes | 59,164 | 57,138 |
Other expense | 20 | 610 |
Total | 884,920 | 894,238 |
OPERATING INCOME | 66,792 | 50,717 |
OTHER INCOME (DEDUCTIONS) | ||
Allowance for equity funds used during construction | 10,292 | 15,061 |
Pension and other postretirement non-service credits - net (Note 5) | 11,568 | 9,865 |
Other income (Note 9) | 30,607 | 6,077 |
Other expense (Note 9) | (7,567) | (4,131) |
Total | 44,900 | 26,872 |
INTEREST EXPENSE | ||
Interest charges | 99,774 | 88,119 |
Allowance for borrowed funds used during construction | (13,141) | (12,722) |
Total | 86,633 | 75,397 |
Income Before Income Taxes | 25,059 | 2,192 |
Income Taxes | 3,891 | 1,183 |
Net Income | 21,168 | 1,009 |
Less: Net income attributable to noncontrolling interests (Note 6) | 4,306 | 4,306 |
Net Income (Loss) Attributable to Common Shareholders | $ 16,862 | $ (3,297) |
Weighted-average common shares outstanding - basic (in shares) | 113,621 | 113,358 |
Weighted-average common shares outstanding - diluted (in shares) | 114,227 | 113,358 |
Earnings Per Weighted-Average Common Share Outstanding | ||
Net income (loss) attributable to common shareholders - basic (in dollars per share) | $ 0.15 | $ (0.03) |
Net income (loss) attributable to common shareholders - diluted (in dollars per share) | $ 0.15 | $ (0.03) |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
CURRENT ASSETS | ||
Cash and cash equivalents | $ 9,634 | $ 4,955 |
Customer and other receivables | 425,716 | 513,892 |
Accrued unbilled revenues | 166,479 | 167,553 |
Allowance for doubtful accounts (Note 2) | (19,224) | (22,433) |
Materials and supplies (at average cost) | 438,943 | 444,344 |
Income tax receivable | 0 | 332 |
Fossil fuel (at average cost) | 50,230 | 49,203 |
Assets from risk management activities (Note 7) | 78 | 6,808 |
Assets held for sale (Note 14) | 0 | 35,139 |
Deferred fuel and purchased power regulatory asset (Note 4) | 387,737 | 463,195 |
Other regulatory assets (Note 4) | 191,132 | 162,562 |
Other current assets | 131,257 | 101,417 |
Total current assets | 1,781,982 | 1,926,967 |
INVESTMENTS AND OTHER ASSETS | ||
Nuclear decommissioning trusts (Notes 11 and 12) | 1,239,024 | 1,201,246 |
Other special use funds (Notes 11 and 12) | 364,225 | 362,781 |
Other assets | 106,830 | 102,845 |
Total investments and other assets | 1,710,079 | 1,666,872 |
PROPERTY, PLANT AND EQUIPMENT | ||
Plant in service and held for future use | 24,461,914 | 24,211,167 |
Accumulated depreciation and amortization | (8,594,795) | (8,408,040) |
Net | 15,867,119 | 15,803,127 |
Construction work in progress | 1,685,365 | 1,724,004 |
Palo Verde sale leaseback, net of accumulated depreciation (Note 6) | 85,459 | 86,426 |
Intangible assets, net of accumulated amortization | 512,874 | 267,110 |
Nuclear fuel, net of accumulated amortization | 113,825 | 99,490 |
Total property, plant and equipment | 18,264,642 | 17,980,157 |
DEFERRED DEBITS | ||
Regulatory assets (Note 4) | 1,371,260 | 1,390,279 |
Operating lease right-of-use assets | 1,325,138 | 1,309,975 |
Assets for pension and other postretirement benefits (Note 5) | 334,765 | 323,438 |
Other | 59,847 | 63,465 |
Total deferred debits | 3,091,010 | 3,087,157 |
TOTAL ASSETS | 24,847,713 | 24,661,153 |
CURRENT LIABILITIES | ||
Accounts payable | 476,629 | 442,455 |
Accrued taxes | 224,851 | 166,833 |
Accrued interest | 74,001 | 72,916 |
Common dividends payable | 0 | 99,813 |
Short-term borrowings (Note 3) | 793,500 | 609,500 |
Current maturities of long-term debt (Note 3) | 875,000 | 875,000 |
Customer deposits | 42,059 | 42,037 |
Liabilities from risk management activities (Note 7) | 113,530 | 80,913 |
Liabilities for asset retirements | 33,048 | 28,550 |
Operating lease liabilities | 69,102 | 67,883 |
Regulatory liabilities (Note 4) | 221,552 | 209,923 |
Other current liabilities | 132,597 | 193,524 |
Total current liabilities | 3,055,869 | 2,889,347 |
LONG-TERM DEBT LESS CURRENT MATURITIES (Note 3) | 7,541,871 | 7,540,622 |
DEFERRED CREDITS AND OTHER | ||
Deferred income taxes | 2,396,743 | 2,416,480 |
Regulatory liabilities (Note 4) | 1,966,120 | 1,965,865 |
Liabilities for asset retirements | 946,457 | 937,451 |
Liabilities for pension benefits (Note 5) | 110,597 | 112,702 |
Liabilities from risk management activities (Note 7) | 34,872 | 42,975 |
Customer advances | 533,180 | 533,580 |
Coal mine reclamation | 185,229 | 184,007 |
Deferred investment tax credit | 257,448 | 257,743 |
Unrecognized tax benefits | 34,511 | 33,861 |
Operating lease liabilities | 1,225,468 | 1,210,189 |
Other | 248,815 | 251,469 |
Total deferred credits and other | 7,939,440 | 7,946,322 |
COMMITMENTS AND CONTINGENCIES (Note 8) | ||
EQUITY | ||
Common stock, no par value; authorized 150,000,000 shares, 113,686,849 and 113,537,689 issued at respective dates | 2,757,506 | 2,752,676 |
Treasury stock at cost; 128,234 and 113,272 shares at respective dates | (9,073) | (8,185) |
Total common stock | 2,748,433 | 2,744,491 |
Retained earnings | 3,483,178 | 3,466,317 |
Accumulated other comprehensive loss (Note 13) | (32,582) | (33,144) |
Total shareholder equity | 6,199,029 | 6,177,664 |
Noncontrolling interests (Note 6) | 111,504 | 107,198 |
Total equity | 6,310,533 | 6,284,862 |
TOTAL LIABILITIES AND EQUITY | $ 24,847,713 | $ 24,661,153 |