Pinnacle West revenue and financials
$95.96Change from previous close: +0.04%Absolute change: +$0.04
In the fiscal year ended December 2025, Pinnacle West reported revenue of $5.34B (+4.20% year over year). Net income was $631.64M, a net margin of 11.8%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +4.20%
- 2025 vs 2024
- Net income growth
- +0.90%
- 2025 vs 2024
- Net margin
- 11.8%
- 2024: 12.2%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 5,340 | 5,125 | 4,696 | 4,324 | 3,804 | 3,587 | 3,471 | 3,691 | 3,565 | 3,499 |
| Cost of revenue | 3,118 | 2,988 | 2,851 | 2,616 | — | — | — | 1,076 | 981 | 1,076 |
| Gross profit | 2,221 | 2,137 | 1,845 | 1,708 | — | — | — | — | — | — |
| Operating income | 1,068 | 1,012 | 825 | 732 | 805 | 788 | 672 | 774 | 910 | 836 |
| EBIT | 1,160 | 1,114 | 927 | 831 | — | — | — | — | — | — |
| EBITDA | 2,130 | 2,070 | 1,781 | 1,649 | — | — | — | — | — | — |
| Interest expense | 422 | 377 | 331 | 256 | 233 | 229 | 217 | 218 | 198 | 186 |
| Pre-tax income | 738 | 737 | 596 | 576 | — | — | — | — | — | — |
| Income tax | 107 | 111 | 76.9 | 74.8 | 110 | 78.2 | -15.8 | 134 | 258 | 236 |
| Net income | 632 | 626 | 519 | 501 | 636 | 570 | 558 | 531 | 508 | 462 |
| Net income to common shareholders | 617 | 609 | 502 | 484 | — | — | — | — | — | — |
| Basic EPS | 5.15 | 5.35 | 4.42 | 4.27 | 5.48 | 4.89 | 4.79 | 4.56 | 4.37 | 3.97 |
| Diluted EPS | 5.05 | 5.24 | 4.41 | 4.26 | 5.47 | 4.87 | 4.77 | 4.54 | 4.35 | 3.95 |
| Average shares (basic) | 120 | 114 | 113 | 113 | — | — | — | — | — | — |
| Average shares (diluted) | 122 | 116 | 114 | 113 | 113 | 113 | 113 | 113 | 112 | 112 |