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PNW

Pinnacle West Capital Corp

PNW

76.07USD+0.02 (+0.03%)Delayed as of 08 Dec 2023, 09:58 am
Watchlist

Market Summary

USD76.07+0.02
Delayedas of 08 Dec 2023, 09:58 am
0.03%

PNW Stock Price

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PNW RSI Chart

PNW Valuation

Market Cap

8.6B

Price/Earnings (Trailing)

20.39

Price/Sales (Trailing)

1.83

Price/Free Cashflow

8.26

PNW Price/Sales (Trailing)

PNW Profitability

Return on Equity

7.09%

Return on Assets

1.76%

Free Cashflow Yield

12.1%

PNW Fundamentals

PNW Revenue

Revenue (TTM)

4.7B

Revenue Y/Y

11.42%

Revenue Q/Q

46.01%

PNW Earnings

Earnings (TTM)

422.9M

Earnings Y/Y

-34.19%

Earnings Q/Q

10.9K%

Price Action

52 Week Range

70.5886.03
(Low)(High)

Last 7 days

1.5%

Last 30 days

5.3%

Last 90 days

-0.8%

Trailing 12 Months

-2.1%

How does PNW drawdown profile look like?

PNW Financial Health

Current Ratio

0.96

PNW Investor Care

Dividend Yield

6.69%

Shares Dilution (1Y)

0.21%

Diluted EPS (TTM)

4.19

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20234.5B4.5B4.7B0
20223.9B4.0B4.1B4.3B
20213.6B3.7B3.7B3.8B
20203.4B3.5B3.5B3.6B
20193.7B3.6B3.6B3.5B
20183.6B3.6B3.7B3.7B
20173.5B3.5B3.5B3.6B
20163.5B3.5B3.5B3.5B
20153.5B3.5B3.5B3.5B
20143.5B3.4B3.5B3.5B
20133.4B3.4B3.4B3.5B
20123.2B3.3B3.3B3.3B
20113.2B3.2B3.2B3.2B
20103.2B3.2B3.2B3.2B
20093.2B3.2B3.2B3.2B
20080003.2B

Latest Insider Trading transactions for PNW

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Aug 24, 2023
geisler theodore n
sold
-558
79.7271
-7.00
-
Aug 24, 2023
geisler theodore n
sold
-118,616
79.93
-1,484
-
May 17, 2023
svinicki kristine l
acquired
149,816
78.52
1,908
-
May 17, 2023
nordstrom bruce j
acquired
149,816
78.52
1,908
-
Mar 10, 2023
nordstrom bruce j
gifted
-
-
-33,178
-
Mar 10, 2023
nordstrom bruce j
gifted
-
-
33,178
-
Mar 01, 2023
svinicki kristine l
acquired
45,879
73.29
626
-
Feb 17, 2023
cooper andrew d
acquired
-
-
31.00
svp & cfo
Feb 17, 2023
heflin adam c
back to issuer
-11,715
75.1
-156
-
Feb 17, 2023
tetlow jacob
back to issuer
-9,087
75.1
-121
-

1–10 of 50

Which funds bought or sold PNW recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-12.93
-1,898,410
7,037,910
-%
Dec 06, 2023
VisionPoint Advisory Group, LLC
new
-
147
147
-%
Dec 04, 2023
Trust Co
unchanged
-
-4,645
43,987
0.01%
Dec 04, 2023
TUCKER ASSET MANAGEMENT LLC
added
106
1,062
2,284
-%
Nov 30, 2023
Neo Ivy Capital Management
sold off
-100
-359,000
-
-%
Nov 30, 2023
Modera Wealth Management, LLC
sold off
-100
-987,855
-
-%
Nov 24, 2023
DEUTSCHE BANK AG\
added
48.26
3,006,010
11,820,600
0.01%
Nov 22, 2023
Verity Asset Management, Inc.
added
27.03
37,897
292,215
0.22%
Nov 22, 2023
Public Sector Pension Investment Board
added
12.24
13,404
892,928
0.01%
Nov 21, 2023
Walleye Capital LLC
new
-
7,221
7,221
-%

1–10 of 44

Latest Funds Activity

Are funds buying PNW calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PNW
No. of Funds

Schedule 13G FIlings of Pinnacle West Capital Corp

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 08, 2023
lazard asset management llc
6.24%
7,065,285
SC 13G/A
Feb 09, 2023
vanguard group inc
12.57%
14,225,294
SC 13G/A
Feb 07, 2023
blackrock inc.
8.9%
10,033,796
SC 13G/A
Feb 11, 2022
state street corp
5.18%
5,840,218
SC 13G/A
Feb 10, 2022
lazard asset management llc
9.54%
10,767,862
SC 13G
Feb 09, 2022
vanguard group inc
11.61%
13,097,183
SC 13G/A
Feb 01, 2022
blackrock inc.
8.6%
9,700,369
SC 13G/A
Feb 10, 2021
vanguard group inc
11.36%
12,790,135
SC 13G/A
Feb 09, 2021
state street corp
5.46%
6,146,134
SC 13G
Jan 29, 2021
blackrock inc.
9.2%
10,387,249
SC 13G/A

Recent SEC filings of Pinnacle West Capital Corp

View All Filings
Date Filed Form Type Document
Dec 01, 2023
8-K
Current Report
Nov 09, 2023
8-K
Current Report
Nov 02, 2023
8-K
Current Report
Nov 02, 2023
10-Q
Quarterly Report
Oct 19, 2023
4
Insider Trading
Oct 19, 2023
4
Insider Trading
Oct 19, 2023
4
Insider Trading
Oct 19, 2023
4
Insider Trading
Oct 19, 2023
4
Insider Trading
Oct 19, 2023
4
Insider Trading

PNW Fair Value

Loading...

Peers (Alternatives to Pinnacle West Capital Corp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
41.3B
19.3B
1.71% -16.27%
20.82
2.14
2.48% -22.96%
25.8B
4.1B
4.49% -13.81%
28.09
6.25
8.42% -30.20%
20.7B
7.9B
0.95% -8.39%
18.47
2.61
6.33% 10.55%
17.0B
4.3B
4.25% -1.83%
19.2
3.98
1.75% 14.39%
12.5B
8.2B
3.93% -22.90%
23.29
1.52
6.33% -40.31%
12.2B
12.8B
12.58% -33.68%
-21.73
0.95
3.51% -103.64%
10.9B
29.9B
4.51% 43.24%
-5.3
0.36
-2.81% -159.74%
MID-CAP
8.6B
4.7B
5.29% -2.05%
20.39
1.83
14.58% -25.26%
3.5B
1.9B
11.21% -4.68%
14.35
1.86
23.25% 23.96%
2.7B
1.7B
1.47% -15.64%
16.49
1.59
5.10% 28.81%
SMALL-CAP
1.8B
672.6M
13.17% -16.54%
20.31
2.66
2.88% 2.37%
572.9M
155.4M
13.64% 146.68%
26.88
3.69
88.76% 276.04%
213.8M
1.9M
1.26% 55.07%
-6.78
111.38
79.73% -32.32%
27.8M
456.0M
15.19% -66.61%
4.49
0.06
2.16% 128.25%
9.3M
-
6.36% -59.38%
-2.41
-
- 73.79%

Pinnacle West Capital Corp News

Latest updates
Knox Daily08 Dec 202312:26 am14 hours ago
Nasdaq01 Dec 202312:52 pm7 days ago
MarketWatch13 Nov 202308:00 am25 days ago
Yahoo Finance02 Nov 202307:00 am36 days ago
Business Wire01 Nov 202307:00 am37 days ago
Yahoo Finance30 Oct 202307:00 am39 days ago
Yahoo Finance26 Oct 202307:00 am43 days ago
Yahoo Finance24 Oct 202307:00 am45 days ago
Seeking Alpha21 Oct 202307:00 am48 days ago
Zacks Investment Research20 Oct 202307:00 am49 days ago
Business Wire18 Oct 202307:00 am51 days ago
CNBC17 Oct 202307:00 am52 days ago
Yahoo Finance06 Oct 202307:00 am2 months ago
Yahoo Finance05 Oct 202307:00 am2 months ago

Financials for Pinnacle West Capital Corp

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue46.0%1,6381,1229451,0091,4701,0627847991,3081,0006967411,2559306626701,1918707417561,268
Costs and Expenses19.5%1,1219388949731,052839729749879722649710799668622658787673680689835
EBITDA Margin--------0.49*0.49*0.50*0.51*0.51*0.52*0.50*0.48*0.47*0.46*0.46*0.46*--
Interest Expenses7.7%88.0082.0075.0069.0063.0062.0061.0060.0059.0058.0057.0059.0057.0058.0055.0056.0054.0053.0054.0056.0056.00
Income Taxes258.8%57.0016.001.00-8.7553.0027.004.00-3.9972.0047.00-4.35-19.9177.0041.00-20.21-88.5453.0017.002.007.0084.00
Earnings Before Taxes-------------42824015.00-37016625.00-404
EBT Margin--------0.24*0.24*0.25*0.25*0.25*0.26*0.24*0.22*0.22*0.21*0.22*0.23*--
Net Income-100.0%-1111.00-19.6933116921.0032.0034421941.00-14.5235119835.0069.0031714923.0031.00320
Net Income Margin-100.0%-0.09*0.11*0.12*0.13*0.13*0.16*0.17*0.16*0.16*0.16*0.16*0.19*0.18*0.17*0.16*-----
Free Cashflow-100.0%-226212210444248341200348110202194403185184122-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets1.9%24,43423,97923,58022,72322,84522,50122,20122,00321,53621,06220,18520,02019,75119,30718,56218,47918,37818,16617,85417,66417,672
  Current Assets16.8%2,1621,8521,7481,7512,0171,7981,5951,5511,7091,5231,1701,1981,4551,1471,0781,0301,1331,0298769251,207
    Cash Equivalents97.3%15.008.007.005.007.0029.0014.0010.0026.0014.0017.0060.001827.0063.0010.0030.002.006.006.0065.00
  Net PPE1.0%15,62115,46914,55214,52214,47714,50014,24814,18414,02313,95813,75913,72813,45313,43813,14713,19813,12613,15912,36512,37112,115
  Current Liabilities1.9%1,9681,9331,7241,7622,0612,0221,5971,7571,6492,0231,3311,3601,2451,4962,2952,0781,5871,9011,5911,6491,735
  Short Term Borrowings38.9%42430549834146754126329212550521516958.0029256311557.0043224476.00128
    LT Debt, Non Current0.0%8,1648,1647,9177,7417,3447,2417,2276,9146,7636,3166,4656,3146,3165,9224,8334,8334,9854,8874,8864,6384,487
Shareholder's Equity8.7%6,4885,9676,1646,0496,2456,0226,0506,0216,1865,8355,8075,7535,9675,6105,5975,5535,6825,3575,3825,3495,486
  Retained Earnings12.2%3,6663,2683,3573,3603,5803,2543,2823,2653,4293,0893,0613,0253,2312,8852,8682,8382,9502,6382,6592,6412,780
Accumulated Depreciation1.5%8,3198,1998,0737,9307,7997,6687,5977,5057,3687,2797,1907,1107,0006,9056,7846,6386,5526,4716,3996,3666,329
Shares Outstanding-100.0%-113113-113113113-113113113-113113113-112112112-112
Minority Interest3.9%114109116111118113120115122117124119126121127123129124131126132
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations75.3%396,286226,008211,605209,527443,628247,678340,608199,501348,163110,338202,012194,346402,987185,404183,628121,965488,827172,502173,432317,381563,961
  Share Based Compensation41.5%5,0793,5903,6353,1184,9522,5345,3381,7523,2242,14711,3376,1732,9892,8486,2821,8902,7611,65112,0743,4072,951
Cashflow From Investing18.2%-352,133-430,532-453,239-396,151-427,645-419,909-374,341-424,617-312,744-301,499-348,069-322,315-302,982-311,361-341,160-298,964-304,375-273,125-254,513-279,508-234,220
Cashflow From Financing-117.9%-36,703205,231243,753184,424-38,140187,45237,732209,397-23,877188,105103,2916,01175,15869,581210,388157,430-156,24896,16281,424-97,098-268,589
  Dividend Payments0.1%96,22196,15796,07896,04394,29694,27794,26594,14991,82991,77991,72191,65386,35886,30986,25786,52781,13781,08280,89780,85576,095
  Buy Backs---------653562-738-555-524-1,680-2,230293-2,653-310

PNW Income Statement

2023-09-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]    
OPERATING REVENUES (Note 2)$ 1,637,759$ 1,469,871$ 3,704,417$ 3,315,071
OPERATING EXPENSES    
Fuel and purchased power614,520556,5711,416,7781,174,027
Operations and maintenance250,019251,663777,337715,392
Depreciation and amortization203,438190,389590,445563,491
Taxes other than income taxes53,16953,475167,949165,591
Other expenses3502001,6481,410
Total1,121,4961,052,2982,954,1572,619,911
OPERATING INCOME516,263417,573750,260695,160
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction11,9769,13340,07130,966
Pension and other postretirement non-service credits - net (Note 5)10,17424,67330,51373,739
Other income (Note 9)15,9412,21928,4245,605
Other expense (Note 9)(6,972)(6,745)(15,916)(14,751)
Total31,11929,28083,09295,559
INTEREST EXPENSE    
Interest charges96,90972,185278,860205,677
Allowance for borrowed funds used during construction(9,092)(8,692)(34,131)(19,047)
Total87,81763,493244,729186,630
INCOME BEFORE INCOME TAXES459,565383,360588,623604,089
INCOME TAXES57,04552,72874,12583,577
NET INCOME402,520330,632514,498520,512
Less: Net income attributable to noncontrolling interests (Note 6)4,3064,30612,91812,918
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDER$ 398,214$ 326,326$ 501,580$ 507,594
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING — BASIC (in shares)113,464113,211113,411113,162
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING — DILUTED (in shares)113,838113,463113,718113,376
EARNINGS PER WEIGHTED-AVERAGE COMMON SHARE OUTSTANDING    
Net income attributable to common shareholders - basic (in dollars per share)$ 3.51$ 2.88$ 4.42$ 4.49
Net income attributable to common shareholders — diluted (in dollars per share)$ 3.50$ 2.88$ 4.41$ 4.48

PNW Balance Sheet

2023-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
CURRENT ASSETS  
Cash and cash equivalents$ 15,108$ 4,832
Customer and other receivables664,936453,209
Accrued unbilled revenues226,998164,764
Allowance for doubtful accounts (Note 2)(20,648)(23,778)
Materials and supplies (at average cost)443,852410,481
Income tax receivable014,086
Fossil fuel (at average cost)49,97740,155
Assets from risk management activities (Note 7)11,37687,835
Asset, Held-for-Sale, Not Part of Disposal Group, Current31,7060
Deferred fuel and purchased power regulatory asset (Note 4)526,666460,561
Other regulatory assets (Note 4)103,65378,318
Other current assets108,31460,091
Total current assets2,161,9381,750,554
INVESTMENTS AND OTHER ASSETS  
Nuclear decommissioning trusts (Notes 11 and 12)1,120,4631,073,410
Other special use funds (Notes 11 and 12)368,159347,231
Assets from risk management activities (Note 7)3,17144,394
Other assets102,863125,672
Total investments and other assets1,594,6561,590,707
PROPERTY, PLANT AND EQUIPMENT  
Plant in service and held for future use23,939,96922,452,146
Accumulated depreciation and amortization(8,319,351)(7,929,878)
Net15,620,61814,522,268
Construction work in progress1,536,3231,882,791
Palo Verde sale leaseback, net of accumulated depreciation (Note 6)87,39490,296
Intangible assets, net of accumulated amortization249,480258,880
Nuclear fuel, net of accumulated amortization112,956100,119
Total property, plant and equipment17,606,77116,854,354
DEFERRED DEBITS  
Regulatory assets (Note 4)1,303,2441,283,221
Operating lease right-of-use assets (Note 14)1,307,643801,688
Assets for pension and other postretirement benefits (Note 5)407,065396,599
Other53,10946,282
Total deferred debits3,071,0612,527,790
TOTAL ASSETS24,434,42622,723,405
CURRENT LIABILITIES  
Accounts payable404,971430,425
Accrued taxes265,463164,440
Accrued interest76,19261,217
Common dividends payable097,895
Short-term borrowings (Note 3)424,000340,720
Current maturities of long-term debt (Note 3)250,00050,685
Customer deposits40,55741,769
Liabilities from risk management activities (Note 7)42,73237,697
Liabilities for asset retirements (Note 15)16,44512,232
Operating lease liabilities (Note 14)90,578105,210
Regulatory liabilities (Note 4)226,989271,575
Other current liabilities130,415148,276
Total current liabilities1,968,3421,762,141
LONG-TERM DEBT LESS CURRENT MATURITIES (Note 3)8,164,3727,741,286
DEFERRED CREDITS AND OTHER  
Deferred income taxes2,408,2182,384,421
Regulatory liabilities (Note 4)1,919,2812,061,776
Liabilities for asset retirements (Note 15)878,735785,530
Liabilities for pension benefits (Note 5)110,472116,286
Liabilities from risk management activities (Note 7)13,0124,749
Customer advances520,180422,103
Coal mine reclamation182,816179,255
Deferred investment tax credit253,680180,677
Unrecognized tax benefits33,73838,658
Operating lease liabilities (Note 14)1,204,639639,247
Other288,736247,400
Total deferred credits and other7,813,5077,060,102
COMMITMENTS AND CONTINGENCIES (Note 8)
EQUITY  
Common stock, no par value; authorized 150,000,000 shares, 113,414,167 and 113,247,189 issued at respective dates2,744,5012,724,740
Treasury stock at cost; 75,767 and 73,613 shares at respective dates(5,328)(5,005)
Total common stock2,739,1732,719,735
Retained earnings3,665,9463,360,347
Accumulated other comprehensive loss (Note 13)(30,434)(31,435)
Total shareholder equity6,374,6856,048,647
Noncontrolling interests (Note 6)113,520111,229
Total equity6,488,2056,159,876
TOTAL LIABILITIES AND EQUITY$ 24,434,426$ 22,723,405
PNW
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities, as well as owns and maintains transmission and distribution substations. The company was incorporated in 1985 and is headquartered in Phoenix, Arizona.
 CEO
 WEBSITEwww.pinnaclewest.com
 EMPLOYEES5861

Pinnacle West Capital Corp Frequently Asked Questions


What is the ticker symbol for Pinnacle West Capital Corp? What does PNW stand for in stocks?

PNW is the stock ticker symbol of Pinnacle West Capital Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Pinnacle West Capital Corp (PNW)?

As of Thu Dec 07 2023, market cap of Pinnacle West Capital Corp is 8.62 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PNW stock?

You can check PNW's fair value in chart. The fair value of Pinnacle West Capital Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Pinnacle West Capital Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PNW so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Pinnacle West Capital Corp a good stock to buy?

The fair value guage provides a quick view whether PNW is over valued or under valued. Whether Pinnacle West Capital Corp is cheap or expensive depends on the assumptions which impact Pinnacle West Capital Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PNW.

What is Pinnacle West Capital Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Dec 07 2023, PNW's PE ratio (Price to Earnings) is 20.39 and Price to Sales (PS) ratio is 1.83. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PNW PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Pinnacle West Capital Corp's stock?

In the past 10 years, Pinnacle West Capital Corp has provided 0.072 (multiply by 100 for percentage) rate of return.