Financials in USD. Standardized financial statements.
A compact view of how Pinnacle West Capital Corporation turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $5.34B | $5.12B | $4.70B | $4.32B | $3.80B | $3.59B | $3.47B | $3.69B | $3.57B | $3.50B |
| Revenue Growth? | +4.2% | +9.1% | +8.6% | +13.7% | +6.0% | +3.3% | -6.0% | +3.5% | +1.9% | 0.0% |
| Cost of Revenue? | $3.98B | $2.99B | $2.85B | $2.62B | $2.11B | $1.95B | $1.98B | $2.11B | $1.93B | $2.01B |
| Gross Profit? | $1.36B | $2.14B | $1.84B | $1.71B | $1.70B | $1.63B | $1.49B | $1.58B | $1.63B | $1.49B |
| Gross Margin? | +25.4% | +41.7% | +39.3% | +39.5% | +44.6% | +45.6% | +42.8% | +42.8% | +45.9% | +42.6% |
| Operating Expenses? | $238.48M | $1.13B | $1.02B | $976.06M | $891.91M | $846.50M | $815.40M | $804.70M | $725.13M | $655.87M |
| Operating Income? | $1.12B | $1.01B | $824.64M | $731.91M | $805.31M | $788.15M | $671.96M | $773.69M | $909.76M | $835.61M |
| EBITDA? | $2.13B | $2.07B | $1.78B | $1.65B | $1.70B | $1.56B | $1.42B | $1.53B | $1.57B | $1.45B |
| Income Before Tax | $738.37M | $736.56M | $595.69M | $575.65M | $746.03M | $648.23M | $542.04M | $664.44M | $766.22M | $697.94M |
| Income Tax Expense | $106.73M | $110.53M | $76.91M | $74.83M | $110.09M | $78.17M | -$15.77M | $133.90M | $258.27M | $236.41M |
| Net Income? | $616.53M | $608.81M | $501.56M | $483.60M | $618.72M | $550.56M | $538.32M | $511.05M | $488.46M | $442.03M |
| 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 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality