PNWPinnacle West Capital

$98.91+19% 1Y

Is it growing?

Mixed

Neither accelerating nor breaking down: nothing decisive, though operating margin widening (+2.1 points).

1 good, 2 neutral
Revenue trend+6% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +9% a year.

Earnings trend+8% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing faster than revenue, so margins or the share count are helping.

Margin direction+2.1 points operating

Trailing-twelve-month operating margin, 18.8% now against 16.7% a year earlier.

All from SEC EDGAR, as of Jun 30, 2026.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is PNW growing?

Pinnacle West Capital has grown revenue 6.9% a year over three years and 8.5% a year over five, with earnings per share compounding at 13%.

+6.9%

Revenue growth, 3-year annual rate · Utilities - Regulated Electric median +8.1% · steady growth, ahead of inflation · compounded from trailing twelve-month revenue

Revenue growth, 5-year rate
+8.5%

Revenue growth, 5-year rate · +6.9% over three · growth has slowed since the five-year average

Earnings per share, 3-year rate
+13%

Earnings per share, 3-year rate · revenue +6.9% · earnings outgrew revenue: margins or the share count worked for shareholders

Years of annual history on file
18

Years of annual history on file · FY2008 to FY2025, as filed

Details›
Revenue FY2021
$3.80B
Revenue FY2022
$4.32B
Revenue FY2023
$4.70B
Revenue FY2024
$5.12B
Revenue FY2025
$5.34B

Annual income statements as filed with the SEC.