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StockVS

NYSE · Utilities - Regulated Electric · USD

Pinnacle West Capital Corporation (PNW) Stock Analysis

Pinnacle West Capital Corporation (PNW) is a Utilities - Regulated Electric stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

PNW

$103.89

+$0.99 (+0.96%)

Oct 21, 2026 · Market close

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Price History

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PNW Key Statistics

As of Oct 21, 2026
Trading
Open
$103.48
Previous Close
$102.90
Day's Range
103.17–104.17
52-Week Range
86.18–111.16
Volume
1.09M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.42
Valuation
Market Cap
$12.59B
P/E Ratio
19.94
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
18.60
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
3.69
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
2.27
EPS (ttm)Profit attributable to each share over the last twelve months.
5.21
Financials (FY)
Revenue (FY)
$5.34B+4.20%
Net Income (FY)
$616.53M+1.27%
Profit marginThe share of revenue left as profit after all costs and taxes.
11.53%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
121.20M
1-Year Return
+17.00%
Dividend and dates
Dividend
$3.64+3.54%
Ex-Dividend Date
August 3, 2026
Earnings Date
November 3, 2026
Avg Volume
1.22M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, PNW closed at $103.89, +17.00% over 1 year.

Pinnacle West Capital Corporation (PNW) has a market capitalization of $12.59B.

In fiscal 2025, PNW reported revenue of $5.34B.

PNW Stock Return by Calendar Year

Pinnacle West Capital Corporation (PNW) 10-year return: what $10,000 became

1 year
$10,000 $11,700
+17.00%
5 years
$10,000 $19,201
+92.01%
10 years
$10,000 $20,822
+108.22%

If you had invested $10,000 in Pinnacle West Capital Corporation (PNW) 10 years ago, at the close on October 21, 2016, it would have been worth $20,822 at the close on October 21, 2026: +108.22% in total, +7.61% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+20.41%
2025+8.92%
2024+23.46%
2023−1.18%
2022+13.01%
2021−7.78%
2020−7.68%
2019+9.06%
2018+3.58%
2017+12.67%
2016 (partial year)+1.85%

As of October 21, 2026.

PNW Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$5.34B$616.53M11.5%
2024$5.12B$608.81M11.9%
2023$4.70B$501.56M10.7%
2022$4.32B$483.60M11.2%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$5.34B$2.22B$1.07B$616.53M11.5%
2024$5.12B$2.14B$1.01B$608.81M11.9%
2023$4.70B$1.84B$824.64M$501.56M10.7%
2022$4.32B$1.71B$731.91M$483.60M11.2%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

PNW Dividend History

$3.60+1.7% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$2.733—
2025$3.604+1.7%
2024$3.544+1.7%
2023$3.484+1.8%
YearDividends per sharePaymentsChange
2026 (partial year)$2.733—
2025$3.604+1.7%
2024$3.544+1.7%
2023$3.484+1.8%
2022$3.424+2.2%
2021$3.344+5.1%
2020$3.184+6.1%
2019$3.004+6.2%
2018$2.824+6.1%
2017$2.664+306.1%
2016$0.661—

Most recent payment: $0.91 per share, ex-dividend August 3, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

PNW Valuation vs Utilities - Regulated Electric Median

Median of 42 stocks
MetricPNWUtilities - Regulated Electric medianvs median
P/E19.9419.940% above
P/S ratio2.272.7718% below
Profit margin11.53%13.40%1.9 pts below

Medians across 42 Utilities - Regulated Electric stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Pinnacle West Capital Corporation (PNW) at $12.59B. The company sits in the Utilities sector, in the Utilities - Regulated Electric industry. The company reports 6,610 employees.

PNW last closed at $103.89 on October 21, 2026. That is +$0.99 (+0.96%) against the previous close. The 52-week range on file runs from $86.18 to $111.16. The latest close sits 20.55% above that 52-week low.

Financial Health

In fiscal 2025, Pinnacle West Capital Corporation reported revenue of $5.34B. That is +4.20% against the prior fiscal year, when revenue was $5.12B. Net income for the same year was $616.53M. That is +1.27% against the prior fiscal year. Profit margin runs at 11.53%. That is 1.9 percentage points below the Utilities - Regulated Electric median of 13.4%. Earnings per share on a trailing basis come to 5.21.

Across the 4 fiscal years on file, revenue moves from $4.32B in 2022 to $5.34B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 19.94. That is 0% above the Utilities - Regulated Electric median of 19.94. On forward earnings the ratio is 18.6. The PEG ratio, which sets the P/E against expected earnings growth, reads 3.69. The price-to-sales ratio is 2.27. On price-to-sales that is 18.13% below the Utilities - Regulated Electric median of 2.77. 42 Utilities - Regulated Electric companies report these metrics, and the medians quoted come from that group.

The trailing one-year total return is +17.00%. Measured over 10 years, that is +7.61% a year compounded. Beta against the wider market is reported at 0.42. Daily returns over the trailing 10 years annualize to a volatility of 22.65%.

Growth & Income

The trailing dividend yield is 3.54%. That is 0.1 percentage points above the Utilities - Regulated Electric median yield of 3.43%. The indicated annual rate is $3.64 a share. The ex-dividend date on file is August 3, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $2.73 a share. The year before, 2025, totalled $3.60 a share.

So far in 2026 the total return is +20.41%. The strongest complete calendar year on file is 2024 at +23.46%; the weakest is 2021 at −7.78%. Of the 9 complete calendar years on file, 6 finished higher.

Peer Comparison

Pinnacle West Capital Corporation (PNW) operates in the Utilities - Regulated Electric industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Pinnacle West Capital Corporation PNW $12.59B 19.9
NextEra Energy, Inc. NEE $163.29B 17.6
The Southern Company SO $103.98B 21.8
Duke Energy Corporation DUK $94.09B 18.2

The Utilities - Regulated Electric industry average P/E ratio is 19.9x. Pinnacle West Capital Corporation trades at a P/E of 19.9.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Pinnacle West Capital Corporation

Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using nuclear, gas, oil, coal, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables. The company also owns and maintains substations, including transmission and distribution yards; and owns energy storage facilities. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.

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