Pinnacle Financial Statements From 2010 to 2024

PNW Stock  USD 73.69  0.51  0.69%   
Pinnacle West financial statements provide useful quarterly and yearly information to potential Pinnacle West Capital investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Pinnacle West financial statements helps investors assess Pinnacle West's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Pinnacle West's valuation are summarized below:
Gross Profit
1.7 B
Profit Margin
0.1068
Market Capitalization
8.4 B
Enterprise Value Revenue
3.9399
Revenue
4.7 B
There are over one hundred nineteen available trending fundamental ratios for Pinnacle West Capital, which can be analyzed over time and compared to other ratios. All traders should should check out Pinnacle West's recent fundamental trends against the trends from 2010 to 2024 to make sure the company is sustainable. Market Cap is likely to drop to about 2.3 B in 2024. Enterprise Value is likely to drop to about 4.9 B in 2024

Pinnacle West Total Revenue

3.07 Billion

Check Pinnacle West financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pinnacle main balance sheet or income statement drivers, such as Interest Expense of 347.9 M, Total Revenue of 3.1 B or Gross Profit of 1.8 B, as well as many exotic indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0326 or PTB Ratio of 1.13. Pinnacle financial statements analysis is a perfect complement when working with Pinnacle West Valuation or Volatility modules.
  
This module can also supplement Pinnacle West's financial leverage analysis and stock options assessment as well as various Pinnacle West Technical models . Check out the analysis of Pinnacle West Correlation against competitors.

Pinnacle West Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding105.8 M113.8 M108.2 M
Slightly volatile
Total Assets14 B24.7 B16.6 B
Slightly volatile
Short and Long Term Debt Total10.8 B10.3 B5.7 B
Slightly volatile
Other Current Liabilities548.6 M852.5 M644.8 M
Slightly volatile
Total Current Liabilities1.4 B2.9 B1.5 B
Slightly volatile
Total Stockholder Equity4.1 B6.2 B4.8 B
Slightly volatile
Property Plant And Equipment Net10.5 B19 B12.7 B
Slightly volatile
Net Debt10.8 B10.3 B5.7 B
Slightly volatile
Retained Earnings1.8 B3.5 B2.3 B
Slightly volatile
Accounts Payable311.4 M442.5 M306.2 M
Slightly volatile
Cash4.7 MM18.3 M
Slightly volatile
Non Current Assets Total12.9 B22.7 B15.5 B
Slightly volatile
Non Currrent Assets Other1.1 B1.9 B1.2 B
Pretty Stable
Cash And Short Term Investments4.7 MM18.3 M
Slightly volatile
Net Receivables448.5 M659.3 M434.1 M
Slightly volatile
Liabilities And Stockholders Equity14 B24.7 B16.6 B
Slightly volatile
Non Current Liabilities Total8.4 B15.5 B10.2 B
Slightly volatile
Inventory518.2 M493.5 M318.2 M
Slightly volatile
Other Current Assets227.7 M264 M169.2 M
Slightly volatile
Total Liabilities9.8 B18.4 B11.7 B
Slightly volatile
Property Plant And Equipment Gross29.2 B27.8 B15.6 B
Slightly volatile
Total Current Assets1.1 B1.9 B1.1 B
Slightly volatile
Short Term Debt1.6 B1.6 B595.5 M
Slightly volatile
Common Stock2.4 B2.8 B2.5 B
Slightly volatile
Current Deferred Revenue73.5 M42 M75.6 M
Slightly volatile
Other Liabilities7.8 B7.4 BB
Slightly volatile
Other AssetsB3.8 B2.5 B
Slightly volatile
Long Term Debt4.3 B7.5 B4.6 B
Slightly volatile
Property Plant Equipment2.9 B3.1 B10.2 B
Pretty Stable
Intangible Assets190.7 M267.1 M201.2 M
Slightly volatile
Short Term Investments36.7 M38.6 M2.3 B
Slightly volatile
Net Tangible Assets5.6 B6.7 BB
Slightly volatile
Long Term Debt Total5.3 B8.9 B4.7 B
Slightly volatile
Long Term Investments1.1 B1.6 B945.3 M
Slightly volatile
Non Current Liabilities Other271.1 M285.3 M4.2 B
Slightly volatile
Short and Long Term Debt1.6 B1.5 B552.8 M
Slightly volatile
Cash And Equivalents5.3 M5.6 M11.8 M
Pretty Stable
Net Invested Capital13.6 B15.2 B11.3 B
Slightly volatile
Capital StockB2.8 B2.7 B
Slightly volatile
Capital Lease Obligations737.5 M1.3 B311.4 M
Slightly volatile

Pinnacle West Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue3.1 B4.7 B3.5 B
Slightly volatile
Gross Profit1.8 B1.8 B1.6 B
Slightly volatile
Operating Income679.8 M824.6 M823.4 M
Slightly volatile
EBIT686.7 M871.1 M825.1 M
Slightly volatile
EBITDA1.4 B1.7 B1.4 B
Slightly volatile
Net Income296.8 M501.6 M444.8 M
Slightly volatile
Depreciation And Amortization547.8 M854.1 M578.2 M
Slightly volatile
Other Operating Expenses2.8 B3.9 B2.7 B
Slightly volatile
Cost Of Revenue1.6 B2.9 B1.9 B
Slightly volatile
Total Operating Expenses849.7 MB822.9 M
Pretty Stable
Income Before Tax548.4 M595.7 M620.8 M
Pretty Stable
Net Income Applicable To Common Shares400.1 M556.1 M456.5 M
Slightly volatile
Selling And Marketing Expenses57.2 M60.2 M87.5 M
Slightly volatile
Net Income From Continuing Ops557.9 M494.8 M497.1 M
Slightly volatile
Non Operating Income Net Other210.1 M200.1 M78.9 M
Slightly volatile
Interest Income22.9 M24.2 M100.4 M
Slightly volatile
Reconciled Depreciation773.4 M841.1 M664.6 M
Slightly volatile

Pinnacle West Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow4.6 M4.8 M26.5 M
Slightly volatile
Dividends Paid233.5 M386.5 M278.8 M
Slightly volatile
Capital Expenditures961.5 M1.8 B1.2 B
Slightly volatile
Total Cash From Operating Activities955.6 M1.2 BB
Pretty Stable
Net Income387.8 M518.8 M464.8 M
Slightly volatile
End Period Cash Flow4.7 MM18.3 M
Slightly volatile
Depreciation591.4 M854.1 M608.9 M
Slightly volatile
Net Borrowings495.8 M890.4 M407.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.231.73552.0557
Pretty Stable
Dividend Yield0.03260.04740.038
Very volatile
PTB Ratio1.131.31921.5015
Very volatile
Days Sales Outstanding51.2951.248144.9403
Slightly volatile
Book Value Per Share29.1854.456642.3844
Slightly volatile
Invested Capital0.881.66781.0809
Slightly volatile
Operating Cash Flow Per Share6.8410.64599.381
Very volatile
Stock Based Compensation To Revenue0.00660.00370.0065
Slightly volatile
PB Ratio1.131.31921.5015
Very volatile
EV To Sales2.353.92843.4946
Slightly volatile
ROIC0.06750.04360.0612
Slightly volatile
Inventory Turnover8.095.77736.3433
Pretty Stable
Net Income Per Share4.644.42134.2543
Slightly volatile
Days Of Inventory On Hand67.2263.17864.496
Slightly volatile
Payables Turnover4.026.44456.0707
Very volatile
Cash Per Share0.360.383820.6583
Slightly volatile
POCF Ratio4.966.74816.9095
Slightly volatile
Interest Coverage2.682.48893.6366
Slightly volatile
Payout Ratio0.570.77060.6129
Slightly volatile
Days Payables Outstanding98.8256.637868.3874
Slightly volatile
Income Quality3.42.3282.3861
Pretty Stable
ROE0.0980.08120.0943
Pretty Stable
EV To Operating Cash Flow8.7815.275311.9841
Slightly volatile
PE Ratio11.6616.248715.8218
Pretty Stable
Return On Tangible Assets0.02970.02060.0277
Slightly volatile
Earnings Yield0.04020.06150.0661
Slightly volatile
Intangibles To Total Assets0.00920.01080.0116
Very volatile
Net Debt To EBITDA6.275.96923.9699
Slightly volatile
Current Ratio0.840.66690.7434
Pretty Stable
Tangible Book Value Per Share28.8253.046941.7184
Slightly volatile
Receivables Turnover6.387.12228.185
Slightly volatile
Graham Number41.073.60261.4159
Slightly volatile
Shareholders Equity Per Share29.1854.456642.3844
Slightly volatile
Debt To Equity0.881.66781.0809
Slightly volatile
Revenue Per Share22.8341.395531.2494
Slightly volatile
Interest Debt Per Share98.4393.744153.469
Slightly volatile
Debt To Assets0.360.41780.3164
Slightly volatile
Enterprise Value Over EBITDA6.2510.6938.9803
Slightly volatile
Short Term Coverage Ratios0.740.7782.6313
Slightly volatile
Price Earnings Ratio11.6616.248715.8218
Pretty Stable
Operating Cycle119114109
Pretty Stable
Price Book Value Ratio1.131.31921.5015
Very volatile
Days Of Payables Outstanding98.8256.637868.3874
Slightly volatile
Dividend Payout Ratio0.570.77060.6129
Slightly volatile
Price To Operating Cash Flows Ratio4.966.74816.9095
Slightly volatile
Pretax Profit Margin0.130.12690.1768
Slightly volatile
Ebt Per Ebit0.580.72240.7757
Very volatile
Operating Profit Margin0.240.17560.2302
Slightly volatile
Company Equity Multiplier2.673.9923.4112
Pretty Stable
Long Term Debt To Capitalization0.390.58620.4825
Slightly volatile
Total Debt To Capitalization0.570.62520.5191
Slightly volatile
Return On Capital Employed0.07140.03790.0565
Slightly volatile
Debt Equity Ratio0.881.66781.0809
Slightly volatile
Ebit Per Revenue0.240.17560.2302
Slightly volatile
Quick Ratio0.230.24331.9327
Slightly volatile
Net Income Per E B T0.530.8420.7072
Slightly volatile
Cash Ratio0.00160.00170.0157
Slightly volatile
Cash Conversion Cycle60.6857.788343.7816
Slightly volatile
Operating Cash Flow Sales Ratio0.220.25720.2964
Slightly volatile
Days Of Inventory Outstanding67.2263.17864.496
Slightly volatile
Days Of Sales Outstanding51.2951.248144.9403
Slightly volatile
Cash Flow Coverage Ratios0.110.11720.2168
Slightly volatile
Price To Book Ratio1.131.31921.5015
Very volatile
Fixed Asset Turnover0.410.24690.292
Slightly volatile
Price Cash Flow Ratio4.966.74816.9095
Slightly volatile
Enterprise Value Multiple6.2510.6938.9803
Slightly volatile
Debt Ratio0.360.41780.3164
Slightly volatile
Cash Flow To Debt Ratio0.110.11720.2168
Slightly volatile
Price Sales Ratio1.231.73552.0557
Pretty Stable
Return On Assets0.02960.02030.0274
Slightly volatile
Asset Turnover0.30.19040.2219
Slightly volatile
Net Profit Margin0.07230.10680.1319
Slightly volatile
Gross Profit Margin0.640.39280.4852
Slightly volatile
Price Fair Value1.131.31921.5015
Very volatile
Return On Equity0.0980.08120.0943
Pretty Stable

Pinnacle West Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.3 B2.9 B3.1 B
Very volatile
Enterprise Value4.9 B6.2 B6.5 B
Very volatile

Pinnacle Fundamental Market Drivers

Forward Price Earnings15.3374
Cash And Short Term InvestmentsM

Pinnacle Upcoming Events

26th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Pinnacle West Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Pinnacle West income statement, its balance sheet, and the statement of cash flows. Pinnacle West investors use historical funamental indicators, such as Pinnacle West's revenue or net income, to determine how well the company is positioned to perform in the future. Although Pinnacle West investors may use each financial statement separately, they are all related. The changes in Pinnacle West's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Pinnacle West's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Pinnacle West Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Pinnacle West. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue42 M73.5 M
Total Revenue4.7 B3.1 B
Cost Of Revenue2.9 B1.6 B
Stock Based Compensation To Revenue 0  0.01 
Sales General And Administrative To Revenue 0.00  0.00 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.39)(0.41)
Revenue Per Share 41.40  22.83 
Ebit Per Revenue 0.18  0.24 

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When determining whether Pinnacle West Capital is a strong investment it is important to analyze Pinnacle West's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pinnacle West's future performance. For an informed investment choice regarding Pinnacle Stock, refer to the following important reports:
Check out the analysis of Pinnacle West Correlation against competitors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Pinnacle West's price analysis, check to measure Pinnacle West's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pinnacle West is operating at the current time. Most of Pinnacle West's value examination focuses on studying past and present price action to predict the probability of Pinnacle West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle West's price. Additionally, you may evaluate how the addition of Pinnacle West to your portfolios can decrease your overall portfolio volatility.
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Is Pinnacle West's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pinnacle West. If investors know Pinnacle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pinnacle West listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.215
Dividend Share
3.475
Earnings Share
4.41
Revenue Per Share
41.396
Quarterly Revenue Growth
(0.02)
The market value of Pinnacle West Capital is measured differently than its book value, which is the value of Pinnacle that is recorded on the company's balance sheet. Investors also form their own opinion of Pinnacle West's value that differs from its market value or its book value, called intrinsic value, which is Pinnacle West's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pinnacle West's market value can be influenced by many factors that don't directly affect Pinnacle West's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pinnacle West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinnacle West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinnacle West's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.