Pinnacle West Capital Corporation (PNW) Stock: Price, Forecast & Analyst Target
Pinnacle West Capital Corporation (PNW) — MoonshotScore 45/100 (Fair band), calculated Oct 7, 2026. Price $98.04 (+2.17%), as of the Oct 6, 2026 trading session; market cap $11.8B. Expected results Nov 3, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Market value / cash and short-term investments: 1293.86× (market value Oct 6, 2026; cash Jun 30, 2026) · expected results Nov 3, 2026
Pinnacle West Capital Corporation · PNW · NYSE · Utilities · Regulated Electric
Research dated 2026-09-13: Pinnacle West is an Arizona electricity holding company whose economics are carried primarily by Arizona Public Service, the utility that generates power and moves it across transmission and distribution networks to retail customers. The defining tension is whether electric-service revenue can support a heavy construction program without making an already debt-laden balance sheet and a recurring dividend harder to sustain.
Price as of Oct 6, 2026
Key Statistics
MoonshotScore v2 · Pinnacle West Capital (PNW)
FairWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
Stalling growth, though quality and the balance sheet are only middling; the market is already moving on it. Business Quality: Average; Financial Safety: Okay; Valuation: Full; Growth Durability: Fading; Momentum: Rising.
- quarterly revenue $1.46B (Q2 FY2026, quarter ended Jun 2026)
- EPS beat 4 of 8
- expected results Nov 3, 2026
Holding back: soft growth
Helping: positive momentum
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 44 | Weak | |
| 44 | Weak | |
| 44 | Weak | |
| 44 | Weak | |
| 45 | Weak | |
| 45 | Weak |
The score was 45 in the stored Oct 6, 2026 snapshot and remains 45 in the current publication computed Oct 7, 2026 (0); the largest pillar moves were Growth Durability -4 and Momentum +3; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged. This current publication is not yet represented in the immutable snapshot archive.
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $98.04 | |
| Change on the day | +2.17% | |
| 52-week range | $86.18–$111.16 | |
| Market capitalisation | $11.8B | |
| Price / earnings (trailing) | 18.43 | |
| Shares traded on the day | 1.33M | |
| Beta (volatility vs the S&P 500) | 0.44 | |
| Dividends per share (last 12 months) | $3.64 | |
| Dividend yield (last 12 months) | 3.75% |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings call · management outlook
- · Earnings results · below the recorded estimate
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
Management outlook
We expect that project could add up to approximately $440 million of incremental capital investment, mostly in 2027 and 2028.
Andrew Cooper · Statement from
Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.
Read management statementsOther perspectives
Council score for Pinnacle West Capital (PNW): perspectives
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
5-Factor Breakdown
Legends Council
6 lenses, 0 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Oct 3, 2026 · older than the 27 hours refresh window; not a current reading
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
On Sep 10, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.
Readings on this page are from Oct 7, 2026, except a card that shows its own read date.
Watch the PNW film — every key number, told as a short cinematic story
~2 min · open the film
What is Pinnacle West Capital (PNW), and what does it report?
Short answer · as of
Pinnacle West is the parent company, while Arizona Public Service performs the operating work across generation, transmission and distribution.
Research dated 2026-09-13.
Pinnacle West is the parent company, while Arizona Public Service performs the operating work across generation, transmission and distribution. The company sells delivered electricity and grid access rather than exposure to a single generation technology; its fleet spans nuclear, coal, gas, oil and solar assets.
Electric Service dominates reported segment revenue, with wholesale energy and transmission service contributing much less. Period results therefore reflect electricity sales alongside the costs of running a vertically integrated power system, and pronounced quarterly profit swings make any isolated period a poor substitute for the annual earnings pattern.
What do the latest results show for Pinnacle West Capital (PNW)?
Short answer · as of
The most recent reported quarter, Q2 FY2026, carried revenue of $1.46B.
Research dated 2026-09-13.
Latest reported revenue advanced from the comparable period, yet operating profit was nearly unchanged while net income and diluted earnings per share declined. Revenue exceeded expectations but earnings did not, so the top-line gain did not translate into broad profit improvement.
The preceding period had moved from a loss to a profit while revenue also rose, and the latest annual record extended the sustained climb in revenue while bringing net income close to its earlier high. Those comparisons point to improving reported sales with uneven conversion into shareholder earnings.
Management has separately identified a project that could add substantial capital investment in coming reporting years. That statement concerns future spending rather than the cause of the latest profit behavior.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
- Latest quarter · revenue
- $1.46B Jun 30, 2026
- Latest quarter · SG&A
- $906.85M Jun 30, 2026
- Latest quarter · FMP standardized operating result
- $305.67M Jun 30, 2026
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Jun 30, 2026 | $1.46B | Not available | $906.85M | $305.67M |
| Mar 31, 2026 | $1.15B | Not available | $276.70M | $401.36M |
| Dec 31, 2025 | $1.13B | Not available | $0.00 | $144.98M |
| Sep 30, 2025 | $1.82B | Not available | $0.00 | $649.21M |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $1.46B Aug 4, 2026
- Latest report · revenue estimate
- $1.40B Aug 4, 2026
- Latest report · revenue vs estimate
- Above estimate Aug 4, 2026
- Latest report · EPS vs estimate
- Below estimate Aug 4, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Aug 4, 2026 | $1.46B | $1.40B | $1.4300 | $1.4600 |
| May 4, 2026 | $1.15B | $1.08B | $0.2700 | −$0.0300 |
| Feb 25, 2026 | $1.13B | $1.17B | $0.1300 | $0.0500 |
| Nov 3, 2025 | $1.82B | $1.17B | $3.3900 | $3.0400 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Q2 FY2026 | $1.46B | $179M | $1.43 (diluted) |
| Q1 FY2026 | $1.15B | $33M | $0.27 (diluted) |
| Q4 FY2025 | $1.13B | $15M | $0.12 (diluted) |
| Q3 FY2025 | $1.82B | $413M | $3.39 (diluted) |
What are the financial strengths and risks for Pinnacle West Capital (PNW)?
Short answer
Cash and short-term investments were $9.12M at the Jun 30, 2026 balance-sheet date. Operating cash flow was $393.98M for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.
Research dated 2026-09-13.
PNW generated positive operating cash flow throughout the displayed quarterly series, while annual revenue climbed and net income remained positive. Those are meaningful supports for a utility maintaining a regular dividend.
Capital spending exceeded operating cash generation in nearly every reported quarter and remained well above it most recently, leaving the trailing free-cash-flow measure negative. Cash and short-term investments are minimal beside debt; the much larger investment balance is long term and unclassified, so it should not be treated as equivalent near-term liquidity.
The short-term cash balance also finished well below the opening point of the displayed window despite interim fluctuations. Subdued liquidity ratios and the distress screen reinforce the financing risk: if construction requirements keep outrunning internally generated cash, PNW must lean more heavily on balance-sheet funding while continuing its shareholder distribution.
How much cash does the business generate or use?
Quarterly operating cash flow shows cash generated or used by operations.
- Latest quarter · operating cash flow
- $393.98M Jun 30, 2026
- Previous quarter · operating cash flow
- $235.30M Mar 31, 2026
| Period end | Operating cash flow | Capital expenditure (reported) |
|---|---|---|
| Jun 30, 2026 | $393.98M | −$728.67M |
| Mar 31, 2026 | $235.30M | −$628.36M |
| Dec 31, 2025 | $476.78M | −$669.52M |
| Sep 30, 2025 | $664.99M | −$623.03M |
Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.
USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.
What should you watch next at Pinnacle West Capital (PNW)?
Short answer · as of
The next earnings report is expected on Nov 3, 2026.
Research dated 2026-09-13.
At the scheduled earnings release, compare the expected step-up in revenue and earnings with actual operating and net profit, not merely the revenue headline. Recent results show that stronger sales can coexist with weaker per-share earnings, while the history of estimate beats and misses has been mixed.
Cash conversion deserves equal weight: operating cash flow needs to close more of the capital-spending gap, and the small short-term cash balance must not deteriorate as project spending builds. Updates on the incremental project budget, its timing and the recurring dividend will reveal how management is balancing infrastructure commitments with financing demands.
Consensus expectations extend the revenue and earnings expansion beyond the upcoming report. Sustained progress would require that growth to appear in cash generation rather than only in reported sales and periodic estimate beats.
What management is planning
Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.
We expect that project could add up to approximately $440 million of incremental capital investment, mostly in 2027 and 2028.
Andrew Cooper ·
How does Pinnacle West Capital compare with its peers?
Short answer
Pinnacle West Capital's score ranks 9th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
Research dated 2026-09-13.
PNW differs from a diversified utility group because its operating identity is concentrated in Arizona Public Service and Arizona. It owns or leases generation across a broad fuel mix and controls the transmission and distribution infrastructure that delivers the power, so investors are underwriting an integrated regional electricity system rather than a multi-region portfolio.
Wholesale energy and standalone transmission service are present, but Electric Service is the dominant reported revenue stream. Relevant peer comparisons therefore emphasize regional electricity demand, generation availability and network capital requirements; comparisons centered on merchant power exposure describe a different economic mix.
| Company | Price | Market value | Score |
|---|---|---|---|
| $45.84 Oct 6, 2026 | $9.47B | 84 5-pillar Oct 7, 2026 | |
| $38.67 Oct 5, 2026 | $11.0B | 62 5-pillar Oct 7, 2026 | |
| $26.27 Oct 6, 2026 | $19.3B | 60 5-pillar Oct 7, 2026 | |
| $11.35 Oct 6, 2026 | $14.6B | 55 5-pillar Oct 7, 2026 | |
| $65.06 Oct 6, 2026 | $16.8B | 52 5-pillar Oct 7, 2026 | |
| $54.25 Oct 6, 2026 | $20.9B | 52 5-pillar Oct 7, 2026 | |
| $65.07 Oct 6, 2026 | $20.4B | 46 5-pillar Oct 7, 2026 | |
| $132.68 Oct 6, 2026 | $7.67B | 46 5-pillar Oct 7, 2026 | |
| Pinnacle West Capital (PNW) — this page | $98.04 | $11.8B | 45 |
| $80.35 Oct 6, 2026 | $18.5B | 44 5-pillar Oct 7, 2026 | |
| $17.78 Oct 6, 2026 | $19.9B | 43 5-pillar Oct 7, 2026 | |
| $46.64 Oct 6, 2026 | $14.3B | 41 5-pillar Oct 7, 2026 | |
| $14.93 Oct 6, 2026 | $10.7B | 41 5-pillar Oct 7, 2026 |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Analyst targets & estimates
What analysts have on file
- Price target, low to high
- $94.00 – $109.00
- Consensus target
- $102.00
- Median target
- $104.00
Consensus record · Captured .
Measured against a quoted price of $98.04 (as of Oct 6, 2026).
Insider activity
Form 4 records via FMP · Of the newest 100 records, those within the last 180 days, newest dated Aug 10, 2026
- Transactions
- 13
- Identified insiders
- 12
- Purchases
- 0
- Sales
- 4
- Other transactions
- 9
Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
Who holds the shares?
Institutional ownership reported through 13F filings.
- Reporting holders
- 740 Period end Jun 30, 2026
- Previous quarter · holders
- 718 Prior to period end Jun 30, 2026
| Holders in provider snapshot | Shares |
|---|---|
| Capital Research Global Investors | 16,494,147 |
| Blackrock, INC. | 11,782,896 |
| Vanguard Capital Management LLC | 7,897,426 |
| State Street Corp | 7,016,843 |
| Barrow Hanley Mewhinney & Strauss LLC | 6,575,681 |
Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.
What has been published about Pinnacle West Capital (PNW)?
- Pinnacle West Sets Date for 2026 Third-Quarter Financial Results, Webcast/Conference Call
- Barclays Maintains Equal-Weight on Pinnacle West Capital, Lowers Price Target to $94
- Barclays Adjusts PT on Pinnacle West Capital to $94 From $108, Maintains Equalweight Rating
- Scotiabank Initiates Coverage On Pinnacle West Capital with Sector Outperform Rating, Announces Price Target of $104
Pinnacle West Capital Utilities Stock: Key Questions Answered
Research dated 2026-09-13; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.
How does Arizona Public Service produce revenue for Pinnacle West?
Arizona Public Service delivers electricity to retail and wholesale customers and operates transmission services. Electric Service supplies the dominant reported segment revenue, making customer electricity use and system delivery economics more consequential than wholesale energy.
Why does Palo Verde matter to Pinnacle West?
Palo Verde sits within Arizona Public Service's nuclear operations, which receive dedicated executive and regulatory oversight inside the subsidiary. Nuclear generation is also part of the regulated fleet serving Arizona customers, giving the facility operational and financial relevance.
Why is Pinnacle West free cash flow weak despite positive operating cash flow?
Capital expenditures repeatedly consumed more cash than operations produced. That persistent funding gap explains why positive operating cash flow coexists with a negative trailing free-cash-flow measure.
Can Pinnacle West treat its long-term investments as ordinary cash?
The disclosed combined balance consists overwhelmingly of long-term investments carrying an unclassified designation, while cash and short-term investments are very small. Liquidity analysis should keep those categories separate.
What is the PNW stock price today?
The last price recorded on this page for Pinnacle West Capital Corporation (PNW) is $98.04, as of the Oct 6, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
What is the PNW price target?
The analyst consensus price target for Pinnacle West Capital Corporation (PNW) is $102.00 (range $94.00 to $109.00, median $104.00), per FMP data captured Oct 7, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.
When are PNW's next earnings?
The next earnings date listed on this page for Pinnacle West Capital Corporation (PNW) is Nov 3, 2026. Companies sometimes move report dates, so the company's own announcement is the final word on timing.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (78 figures)
The 78 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 2 facts from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
prod.outlook | Management outlook — call excerpts | Andrew Cooper (Aug 4, 2026): We expect that project could add up to approximately $440 million of incremental capital investment, mostly in 2027 and 2028. | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | |
id.hq | SEC filing business address | 400 North Fifth Street, MS 8695, Phoenix, AZ, 85004 | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "400 North Fifth Street, Phoenix, AZ, 85072-3999, US". |
FMP — 67 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
px.last | Latest provided price | $98.04 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-06T21:54:30.078Z. | |
px.change | Change on the day | +2.17% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalization | $11.8B | FMP | Financial Modeling Prep (FMP) quote — Provider market cap uses the share class it prices; a company with more than one class may show a larger total elsewhere. Market cap record date: 2026-10-06. Source capture time was not supplied. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | +$2.08 | FMP | Financial Modeling Prep (FMP) · quote | |
fin.q_revenue | Revenue, Q2 FY2026 | $1.46B | FMP | Financial Modeling Prep (FMP) · income statement (quarterly) | |
px.range52 | 52-week range | $86.18–$111.16 | FMP | Financial Modeling Prep (FMP) quote | |
px.pe | Price / earnings (trailing) | 18.43 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 1.33M | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 0.44 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Theodore N. Geisler | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 6,610 | FMP | Financial Modeling Prep (FMP) employee count, from the company's filing | |
fin.annual | Revenue and net result by fiscal year | 5 fiscal years, FY2021 through FY2025: FY2021 revenue $3.80B, net result $618.72M; FY2022 revenue $4.32B, net result $483.60M; FY2023 revenue $4.70B, net result $501.56M; FY2024 revenue $5.12B, net result $608.81M; FY2025 revenue $5.34B, net result $616.53M | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.rev_mix | Reported revenue segments | Electric Service $2.54B · Wholesale Energy $108.66M · Electric and Transmission Service $129.67M | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K | |
fin.gross_margin | Gross margin (trailing twelve months) | 43.4% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table.depth.2026-06-30.revenue_k | Revenue — period end 2026-06-30 | $1.46B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-30.sga_k | SG&A — period end 2026-06-30 | $906.85M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-30.operating_result_k | FMP standardized operating result — period end 2026-06-30 | $305.67M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-31.revenue_k | Revenue — period end 2026-03-31 | $1.15B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-31.sga_k | SG&A — period end 2026-03-31 | $276.70M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-31.operating_result_k | FMP standardized operating result — period end 2026-03-31 | $401.36M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.revenue_k | Revenue — period end 2025-12-31 | $1.13B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.sga_k | SG&A — period end 2025-12-31 | $0.00 | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.operating_result_k | FMP standardized operating result — period end 2025-12-31 | $144.98M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.revenue_k | Revenue — period end 2025-09-30 | $1.82B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.sga_k | SG&A — period end 2025-09-30 | $0.00 | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.operating_result_k | FMP standardized operating result — period end 2025-09-30 | $649.21M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
earn.history.depth.2026-08-04.revenue_actual | Revenue · reported — report date 2026-08-04 | $1.46B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-04.revenue_estimated | Revenue · estimate — report date 2026-08-04 | $1.40B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-04.eps_actual | EPS · reported — report date 2026-08-04 | $1.4300 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-08-04.eps_estimated | EPS · estimate — report date 2026-08-04 | $1.4600 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-04.revenue_actual | Revenue · reported — report date 2026-05-04 | $1.15B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-04.revenue_estimated | Revenue · estimate — report date 2026-05-04 | $1.08B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-04.eps_actual | EPS · reported — report date 2026-05-04 | $0.2700 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-05-04.eps_estimated | EPS · estimate — report date 2026-05-04 | −$0.0300 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-25.revenue_actual | Revenue · reported — report date 2026-02-25 | $1.13B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-25.revenue_estimated | Revenue · estimate — report date 2026-02-25 | $1.17B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-25.eps_actual | EPS · reported — report date 2026-02-25 | $0.1300 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-02-25.eps_estimated | EPS · estimate — report date 2026-02-25 | $0.0500 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-03.revenue_actual | Revenue · reported — report date 2025-11-03 | $1.82B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-03.revenue_estimated | Revenue · estimate — report date 2025-11-03 | $1.17B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-03.eps_actual | EPS · reported — report date 2025-11-03 | $3.3900 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-11-03.eps_estimated | EPS · estimate — report date 2025-11-03 | $3.0400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.q_table | Quarterly income statement | 4 quarters through Q2 FY2026 | FMP | Financial Modeling Prep (FMP) · income statement (quarterly), as filed | |
fin.cash_investments | Cash and short-term investments | $9.12M | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. | |
fin.opcf_latest | Latest-quarter operating cash flow | $393.98M | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate. | |
fin.long_term_investments | Long-term investments (classification unverified) | $1.90B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.total_debt | Total debt | $11.37B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 1.65× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.opcf.depth.2026-06-30.operating_cash_flow_m | Operating cash flow — period end 2026-06-30 | $393.98M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-31.operating_cash_flow_m | Operating cash flow — period end 2026-03-31 | $235.30M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-06-30.capex_m | Capital expenditure (reported) — period end 2026-06-30 | −$728.67M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-31.capex_m | Capital expenditure (reported) — period end 2026-03-31 | −$628.36M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-31.operating_cash_flow_m | Operating cash flow — period end 2025-12-31 | $476.78M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-31.capex_m | Capital expenditure (reported) — period end 2025-12-31 | −$669.52M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-30.operating_cash_flow_m | Operating cash flow — period end 2025-09-30 | $664.99M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-30.capex_m | Capital expenditure (reported) — period end 2025-09-30 | −$623.03M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
earn.pt_range | Analyst price target, low to high | $94.00 – $109.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 7, 2026 · Coverage not supplied | |
earn.pt_consensus | Consensus analyst price target | $102.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 7, 2026 · Coverage not supplied | |
earn.pt_median | Median analyst price target | $104.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 7, 2026 · Coverage not supplied | |
own.insiders | Insider transactions via FMP | 13 transactions · 0 purchases, 4 sales, 9 other transactions · 12 identified insiders · of the newest 100 records, those within the last 180 days, newest dated Aug 10, 2026 | FMP | Financial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent. | |
own.institutions.depth.holders | Reporting holders | 740 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.holders_previous_quarter | Previous quarter · holders | 718 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.top_holders.depth.holder_0.shares | Capital Research Global Investors — shares in provider snapshot | 16,494,147 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_1.shares | Blackrock, INC. — shares in provider snapshot | 11,782,896 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_2.shares | Vanguard Capital Management LLC — shares in provider snapshot | 7,897,426 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_3.shares | State Street Corp — shares in provider snapshot | 7,016,843 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_4.shares | Barrow Hanley Mewhinney & Strauss LLC — shares in provider snapshot | 6,575,681 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. |
UNRECORDED — 2 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.next | Next earnings date | Nov 3, 2026 | UNRECORDED | Stored earnings-calendar observation — Captured 2026-09-30 | |
earn.history | Reported versus estimated, recent quarters | EPS beat 4 of 8 | UNRECORDED | Stored earnings-history observation — Captured 2026-10-04 · Expired observation |
COMPUTED — 5 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
fin.mcap_to_cash | Market value per dollar of cash and short-term investments | 1293.86× | — | COMPUTED | Computed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $9.12M at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-06. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio. |
div.ttm_per_share | Dividends per share, last 12 months (split-adjusted) | $3.64 | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-06, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate. | |
div.ttm_yield | Dividend yield, last 12 months | 3.75% | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate. | |
earn.history.depth.2026-08-04.revenue_actual.comparison | Latest report · revenue vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($1.46B) with the recorded estimate ($1.40B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-08-04.eps_actual.comparison | Latest report · EPS vs estimate | Below estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($1.4300) with the recorded estimate ($1.4600) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 2 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 45 of 100 · Fair · pillars 54 / 50 / 59 / 23 / 74 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.moonshot_change | MoonshotScore movement | 45 (stored snapshot Oct 6, 2026) → 45 (current publication computed Oct 7, 2026) (0) | OURS | Stock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive. |
Fact-family notes
- Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs:
fin.q_table.depth.2026-06-30.revenue_k,fin.q_table.depth.2026-06-30.sga_k,fin.q_table.depth.2026-06-30.operating_result_k,fin.q_table.depth.2026-03-31.revenue_k,fin.q_table.depth.2026-03-31.sga_k,fin.q_table.depth.2026-03-31.operating_result_k,fin.q_table.depth.2025-12-31.revenue_k,fin.q_table.depth.2025-12-31.sga_k,fin.q_table.depth.2025-12-31.operating_result_k,fin.q_table.depth.2025-09-30.revenue_k,fin.q_table.depth.2025-09-30.sga_k,fin.q_table.depth.2025-09-30.operating_result_k. - Earnings-history note. Source series as of 2026-08-04. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-08-04.revenue_actual,earn.history.depth.2026-08-04.revenue_estimated,earn.history.depth.2026-08-04.revenue_actual.comparison,earn.history.depth.2026-08-04.eps_actual.comparison,earn.history.depth.2026-08-04.eps_actual,earn.history.depth.2026-08-04.eps_estimated,earn.history.depth.2026-05-04.revenue_actual,earn.history.depth.2026-05-04.revenue_estimated,earn.history.depth.2026-05-04.eps_actual,earn.history.depth.2026-05-04.eps_estimated,earn.history.depth.2026-02-25.revenue_actual,earn.history.depth.2026-02-25.revenue_estimated,earn.history.depth.2026-02-25.eps_actual,earn.history.depth.2026-02-25.eps_estimated,earn.history.depth.2025-11-03.revenue_actual,earn.history.depth.2025-11-03.revenue_estimated,earn.history.depth.2025-11-03.eps_actual,earn.history.depth.2025-11-03.eps_estimated. - Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs:
fin.opcf.depth.2026-06-30.operating_cash_flow_m,fin.opcf.depth.2026-03-31.operating_cash_flow_m,fin.opcf.depth.2026-06-30.capex_m,fin.opcf.depth.2026-03-31.capex_m,fin.opcf.depth.2025-12-31.operating_cash_flow_m,fin.opcf.depth.2025-12-31.capex_m,fin.opcf.depth.2025-09-30.operating_cash_flow_m,fin.opcf.depth.2025-09-30.capex_m.
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Sources used for research written 2026-09-13
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | Pinnacle West Capital Corporation (PNW), primarily operating through its Arizona Public Service Company (APS) subsidiary, delivers retail and wholesale electricity services predominantly within Arizona. The company manages the full scope of electricity provision, encompassing generation, transmission, and distribution, leveraging a diverse energy portfolio that includes coal, nuclear, natural gas, oil, and solar power facilities. Its robust infrastructure for power delivery features approximately 5,814 pole miles of overhead transmission lines and roughly 74 miles of subterranean transmission lines. For distribution, the company maintains about 11,258 miles of overhead lines and an estimated 22,821 miles of underground primary cabling. This network is further supported by 475 owned and managed transmission and distribution substations. PNW possesses or leases roughly 6,323 megawatts of regulated power generation capacity and supplies electricity to an estimated 1.3 million customers. Established in 1985, Pinnacle West Capital Corporation's corporate headquarters are situated in Phoenix, Arizona. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) company profile |
| Revenue by segment | Electric Service: $2.54B; Wholesale Energy: $108.66M; Electric and Transmission Service: $129.67M | 2025-12-31 | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Cash, investments and debt | Total debt: $11.37B; Liquidity basis: cash and short-term investments; Total liabilities: $25.50B; Cash and short-term investments: $9.12M; Cash and investments: $1.91B; Long-term investments: $1.90B; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Recent dividends paid | Captured record · 4 entries
Declared amounts per share on their ex-dates. A single payment does not establish an annual rate, and a special dividend is not separated here. | 2026-08-03 | FMP | Financial Modeling Prep (FMP) dividend history |
| Sector / industry (provider taxonomy) | Utilities / Regulated Electric The company's SEC filings classify it under SIC 4911 — Electric Services. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) company profile |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Annual revenue and net result (USD millions) | Captured record · 5 entries
| 2025-12-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Reported versus estimated, last 8 quarters | Captured record · 8 entries
| 2026-08-04 | FMP | Financial Modeling Prep (FMP) earnings |
| Management outlook — dated call excerpts | Captured record · 1 entry
Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | 2026-08-04 | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) |
| Cash and investment components | Total basis: cash short and long-term investments; Total: $1.91B; Cash and short-term investments: $9.10M; Long-term investments: $1.90B; Long-term investments classification: unclassified Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures. | 2026-06-30 | COMPUTED | Computed from the balance sheet |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Cash decline over the reported window | To: 2026-06-30; From: 2024-09-30; Periods: 7; Cash basis: cash and short-term investments; Closing balance: $9.10M; Decline: $40.00M; Opening balance: $49.20M; Average change per period: $5.70M Change in cash, cash equivalents and short-term investments between the 2024-09-30 and 2026-06-30 balance sheets.; This is a balance change, not operating burn: financing and investing move it too.; Averaged over 7 reporting periods of unequal length. | 2026-06-30 | COMPUTED | Computed from reported balances |
| Trailing twelve-month ratio set | Quick ratio: 0.41; Current ratio: 0.59; Debt to equity: 1.62; Net margin: 11.5%; Gross margin: 55.5%; Operating margin: 27%; Return on assets: 2%; Return on equity: 9% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Distress and quality screens | Altman Z-score: 0.68; Piotroski F-score: 6 Altman Z below 1.8 is the conventional distress zone. The screen is built for manufacturers and industrials; for banks, insurers and property companies it is not a meaningful reading. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) financial scores |
| Next earnings report | Date: 2026-11-02; EPS estimate: $3.11 per share; Revenue estimate: $1.84B The date is our provider's estimate until the company confirms it. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) earnings calendar |
| Analyst revenue and earnings estimates (average) | Captured record · 4 entries
| 2026-09-13 | FMP | Financial Modeling Prep (FMP) analyst estimates |
| Named officers | CEO: Theodore N. Geisler; Officers: Christopher Bauer — Title: Vice President & Treasurer, Born: 1976; Shirley A. Baum — Title: Senior VP, Corporate Secretary & General Counsel, Pay: $1.03M, Born: 1974; Jacob Tetlow — Title: Executive VP & Chief Operating Officer of APS, Pay: $1.49M, Born: 1973; Theodore N. Geisler — Title: Chairman of the Board, President and Chief Executive Officer, Pay: $2.82M, Born: 1979; Adam C. Heflin — Title: Executive VP & Chief Nuclear Officer of APS, Pay: $1.79M, Born: 1965; Andrew D. Cooper — Title: Senior Vice President & Chief Financial Officer, Pay: $1.40M, Born: 1979; Todd Horton — Title: SVP of Nuclear Regulatory & Oversight of Palo Verde Generating Station for APS; Amanda — Title: Director of Investor Relations Titles and pay come from the company's proxy statement as our provider parsed it. | 2026-09-13 | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) |
Data provided for informational purposes only.
ETFs that hold PNW
Funds in our ETF coverage that list PNW among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.
| ETF | Weight | Holdings as of |
|---|---|---|
| iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) | 1.49% |