Pinnacle West Capital Corp (PNW US)
PNW US$106.64
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Performance
Advanced charting functionality with the ability to amend timeframes, chart type & indicator selection, powered by TradingView.
Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 106.64
- Change
- ▲ 1.77 (1.69)
- Bid / Ask
- 106.59 - 106.64
- Volume
- 455,502
- Turnover
- 41,960,558
- Open
- 105.83
- Day Range
- 105.63 - 106.71
- VWAP
- 106.50
- Prev Close
- 104.87
- Last Trade
- 29/10 4:10pm
Key information
Displays key information on the security, sourced from Morningstar.
- Sector
- Utilities
- Shares Issued
- 121,197,234
- NTA/Share
- 53.85
- Last Dividend
- 0.91
- Dividend Ex Date
- 3 AUG 2026
- Dividend Pay Date
- 1 SEP 2026
Current (USD) · FY2025
Displays key financial data for the most recent fiscal year, in millions. Note - Per share data is in local currency terms irrespective of reporting currency, and may be different to the stated currency, sourced from Morningstar.
- Revenue
- 5,339.94
- EBITDA
- 2,111.92
- Profit
- 616.53
- Earnings Per Share (EPS)
- 5.05
- Dividend Per Share (DPS)
- 3.61
- Yield %
- 3.47
- Market Cap
- 12,924.47
- Price to Earnings Ratio (P/E)
- 20.47
Estimates (USD) · FY2027
Displays consensus analyst’s estimates for key measures for the next fiscal year, sourced from Morningstar.
- Revenue
- 5,854.38
- EBITDA
- 2,468.38
- Profit
- 775.09
- Earnings Per Share (EPS)
- 5.55
- Dividend Per Share (DPS)
- 3.72
Quantitative rating
Displays Morningstar’s Quantitative Equity Research Rating for the security: a star rating from 1 (overvalued) to 5 (undervalued) from the share price against a fair value estimated by a statistical model of Morningstar’s analyst ratings, with the model’s economic moat, financial health and fair value uncertainty, sourced from Morningstar.
Fairly valued
- Economic Moat
- None
- Financial Health
- Moderate
- Uncertainty
- Medium
Morningstar Quantitative Rating as of 28 OCT 2026.
Quantitative Equity Rating Methodology – view here
Fair value estimate
Displays Morningstar’s quantitative fair value estimate for the security against the current share price, with the band around it: the five-star price below which the model would rate the stock five stars and the one-star price above which it would rate it one star, sourced from Morningstar.
Five-star price 93.32 Fair value 103.39 One-star price 114.54
Morningstar Quantitative Rating as of 28 OCT 2026.
Quantitative valuation
Displays where the share price sits in Morningstar’s quantitative fair value band, from the five-star price (undervalued) to the one-star price (overvalued), with the fair value estimate, the price to fair value ratio, the model’s valuation label and its uncertainty rating, sourced from Morningstar.
Buy
Sell
- Fair Value
- 103.39
- Price / Fair Value
- 1.01
- Valuation
- Fairly valued
- Uncertainty
- Medium
Morningstar Quantitative Rating as of 28 OCT 2026. The slider runs from the five-star price (93.32) to the one-star price (114.54).
Displays useful ratios for the security, NB the pricing date used, sourced from Morningstar.
| Ratios |
|---|
| Currency (Price/reporting): USD/USD |
| Exchange Rate: 1.0000 |
Price, volume and trading statistics for the security, sourced from Morningstar.
| Price - closing or last bid | 104.87 |
| Price - 12 month high | 111.01 |
| Price - 12 month low | 86.22 |
| Pricing date | 27 OCT 2026 |
| Volume - avg. trading volume for the last ten days | 1.28 |
| Market capitalization | 12,709.95 |
| 12 Month High price date | 17 JUL 2026 |
| 12 Month Low price date | 10 DEC 2025 |
| Volume - avg. trading volume for the last 3 months | 1.21 |
| Price - 1 Day % Change | -1.35% |
| Price - 13 week price percent change | -0.44% |
| Price - 26 week price percent change | 1.70% |
| Price - 5 Day % Change | 0.94% |
| Price - 52 week price percent change | 15.65% |
| Price - YTD price percent change | 17.49% |
| Price % Change Month To Date | 14.84% |
Earnings, dividends, cash flow and book value per share, sourced from Morningstar.
| EPS excluding extraordinary items - most recent fiscal year | 5.050 |
| EPS excluding extraordinary items - trailing 12 month | 5.210 |
| EPS Normalized - most recent fiscal year | 4.814 |
| Revenue/share - most recent fiscal year | 43.780 |
| Revenue/share - trailing 12 month | 45.108 |
| Book value per share - most recent fiscal year | 58.281 |
| Book value per share - most recent quarter | 58.047 |
| Book value (tangible) per share - most recent fiscal year | 53.854 |
| Book value (tangible) per share - most recent quarter | 53.958 |
| Cash per share - most recent fiscal year | 0.055 |
| Cash per share - most recent quarter | 0.075 |
| Cash Flow per share - most recent fiscal year | 14.053 |
| Cash Flow per share - trailing 12 month | 15.275 |
| Dividend per share - most recent fiscal year | 3.610 |
| Dividends per share - trailing 12 month | 3.640 |
| EBITD per share - trailing 12 month | 17.922 |
| EPS Basic excluding extraordinary items - most recent fiscal year | 5.150 |
| EPS Basic excluding extraordinary items - trailing 12 month | 5.310 |
| EPS including extraordinary items - most recent fiscal year | 5.150 |
| EPS including extraordinary items - trailing 12 month | 5.320 |
| Free Cash Flow per share - trailing 12 month | -6.243 |
Valuation multiples such as P/E, price to sales, price to book and enterprise value ratios, sourced from Morningstar.
| P/E excluding extraordinary items, most recent fiscal year | 20.13 |
| P/E Normalized, most recent fiscal year | 21.17 |
| Price to sales - most recent fiscal year | 2.32 |
| Price to Tangible Book - most fiscal year | 1.96 |
| Price to Free Cash Flow per Share - most recent fiscal year | — |
| Price to Cash Flow per share - trailing 12 month | 6.87 |
| Price to Book - most recent fiscal year | 1.81 |
| P/E excluding extraordinary items high, trailing 12 months | 20.68 |
| P/E excluding extraordinary items low, trailing 12 months | 17.48 |
| Net Debt, LFI | 16,496.17 |
| Net Debt, LFY | 14,293.03 |
| Dividend Yield - 5 Year Average | 4.23% |
| Dividend Yield - indicated annual dividend divided by closing price | 3.42% |
| Current Dividend Yield - Common Stock Primary Issue, LTM | 3.47% |
Cash flow, liquidity and leverage measures, sourced from Morningstar.
| Free Cash Flow - most recent fiscal year | -910.60 |
| LT debt/equity - most recent fiscal year | 179.96% |
| Payout ratio - most recent fiscal year | 71.49% |
| Total debt/total equity - most recent fiscal year | 201.77% |
| LT debt/equity - most recent quarter | 208.03% |
| Total debt/total equity - most recent quarter | 233.29% |
| Free Cash Flow - trailing 12 month | -768.68 |
| Payout ratio - trailing 12 month | 69.73% |
Key income statement lines for the most recent fiscal year, in millions, sourced from Morningstar.
| Revenue - most recent fiscal year | 5,339.94 |
| Revenue - trailing 12 month | 5,554.25 |
| EBITD - most recent fiscal year | 2,111.92 |
| EBITD - trailing 12 month | 2,206.82 |
| Earnings before taxes - most recent fiscal year | 738.37 |
| Earnings before taxes - trailing 12 month | 761.35 |
| Net Income available to common - most recent fiscal year | 616.53 |
| Net Income available to common - trailing 12 months | 640.11 |
| Earnings before taxes Normalized - most recent fiscal year | 704.68 |
| Net Income Available to Common, Normalized - most recent fiscal year | — |
| Earnings per Share, Normalized, Excluding Extraordinary Items, Avg. Diluted Shares Outstanding, TTM | 4.95 |
Profitability margins for the most recent fiscal year, sourced from Morningstar.
| Net Profit Margin % - 1st historical fiscal year | 11.83% |
| Net Profit Margin % - trailing 12 month | 11.72% |
| Operating margin - 1st historical fiscal year | 19.99% |
| Operating margin - trailing 12 month | 20.52% |
| Pretax margin - trailing 12 month | 13.71% |
| Pretax margin - 1st historical fiscal year | 13.83% |
| Operating Margin - 5 year average | 19.08% |
| Pretax Margin - 5 year average | 14.76% |
| Free Operating Cash Flow/Revenue, 5 Year Average | -11.01% |
| Free Operating Cash Flow/Revenue, TTM | -13.84% |
| Net Profit Margin - 5 year average | 12.68% |
Returns on average assets and equity for the fiscal year, the trailing 12 months and as 5 year averages, and net income and revenue per employee in whole currency, sourced from Morningstar.
| Return on average assets - most recent fiscal year | 2.22% |
| Return on average assets - trailing 12 month | 2.14% |
| Return on average equity - most recent fiscal year | 9.17% |
| Return on average equity - trailing 12 month | 9.29% |
| Return on average assets - 5 year average | 2.37% |
| Return on average equity - 5 year average | 9.22% |
| Net Income/employee - most recent fiscal year | 95,558.70 |
| Revenue/employee - most recent fiscal year | 807,857.64 |
Growth in revenue, earnings, dividends and book value over recent periods, sourced from Morningstar.
| Revenue growth rate, 5 year | 8.28% |
| EPS growth rate, 5 year | 0.73% |
| Growth rate% - dividend, 3 year | 1.73% |
| Revenue/share (5 yr growth) | 6.63% |
| Growth rate% - Revenue, 3 year | 7.28% |
| Growth rate% - EPS, 3 year | 5.83% |
| Book value per share growth rate, 5 year | 3.12% |
| Capital Spending growth rate, 5 year | 14.62% |
| Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR | 6.37% |
Displays analyst’s forecasts for key measures. The estimates can be expanded to see the spread of the calls. Full lines = reported, and dotted lines are forward estimates. Click a measure to add or remove it from the chart, sourced from Morningstar.
Financial forecast (USD, millions except per share)
| Actuals | Estimates | |||||||
| 2025 | 2026 | 2027 | 2028 | 2029 | ||||
| Estimate breakdown | ||||||||
Financial metrics can be plotted on the graph to see trends. Multiple metrics from multiple statements can be plotted against each other, sourced from Morningstar.
Financials (USD, millions)
| Period end: | DEC 21 | DEC 22 | DEC 23 | DEC 24 | DEC 25 |
| Fiscal year: | 2021 | 2022 | 2023 | 2024 | 2025 |
| Period length: | 12 months | 12 months | 12 months | 12 months | 12 months |
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
Opinion
No opinions for this company yet.
Action
No actions for this company yet.
Business Summary
Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility serving approximately 1.5 million customers across a 35,000-square-mile territory in central Arizona, including the Phoenix area. APS owns or leases 6.5 gigawatts of power generation capacity, including a 29% ownership stake in one of the largest nuclear plants in the US, Palo Verde. Half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear.
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