Pinnacle West revenue and financials
$98.04Change from previous close: +2.17%Absolute change: +$2.08
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 assets | 30,032 | 26,103 | 24,661 | 22,723 | 22,003 | 20,020 | 18,479 | 17,664 | 17,019 | 16,004 |
| Current assets | 1,704 | 1,689 | 1,927 | 1,751 | 1,551 | 1,198 | 1,030 | 925 | 1,016 | 822 |
| Cash and equivalents | 6.6 | 3.8 | 5.0 | 4.8 | 10.0 | 60.0 | 10.3 | 5.8 | 13.9 | 8.9 |
| Receivables | 734 | 678 | 659 | 608 | — | — | — | — | — | — |
| Inventory | 565 | 501 | 494 | 451 | — | — | — | — | — | — |
| Net property, plant and equipment | 23,690 | 20,114 | 18,924 | 17,297 | 16,498 | — | — | — | — | — |
| Long-term investments | 1,849 | 1,691 | 1,564 | 1,421 | — | — | — | — | — | — |
| Current liabilities | 3,161 | 2,844 | 2,889 | 1,762 | 1,757 | 1,360 | 2,078 | 1,649 | 1,198 | 1,293 |
| Accounts payable | 680 | 485 | 442 | 430 | — | — | — | — | — | — |
| Long-term debt | 9,806 | 8,859 | 8,416 | 7,792 | 7,064 | 6,314 | 5,633 | 5,138 | 4,872 | 4,147 |
| Total debt | 14,300 | 11,048 | 10,303 | 8,877 | — | — | — | — | — | — |
| Total liabilities | 22,945 | 19,245 | 18,376 | 16,564 | 15,982 | — | — | — | — | — |
| Total equity (incl. minority) | 7,087 | 6,857 | 6,285 | 6,160 | 6,021 | — | — | — | — | — |
| Retained earnings | 3,851 | 3,667 | 3,466 | 3,360 | 3,265 | — | — | — | — | — |
| Minority interest | 40.6 | 103 | 107 | 111 | 115 | — | — | — | — | — |