PINNACLE WEST CAPITAL CORP — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that PINNACLE WEST CAPITAL CORP filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.34B | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $5.12B | Feb 25, 2026 |
| FY2025 | Dec 31, 2023 | $4.70B | Feb 25, 2026 |
| FY2024 | Dec 31, 2022 | $4.32B | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $3.80B | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $3.59B | Feb 27, 2023 |
| FY2019 | Dec 31, 2019 | $670.39M | Feb 21, 2020 |
| FY2019 | Sep 30, 2019 | $1.19B | Feb 21, 2020 |
| FY2019 | Jun 30, 2019 | $869.50M | Feb 21, 2020 |
| FY2019 | Mar 31, 2019 | $740.53M | Feb 21, 2020 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.34B | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $5.12B | Feb 25, 2026 |
| FY2025 | Dec 31, 2023 | $4.70B | Feb 25, 2026 |
| FY2024 | Dec 31, 2022 | $4.32B | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $3.80B | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $3.59B | Feb 27, 2023 |
| FY2021 | Dec 31, 2019 | $3.47B | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $3.69B | Feb 24, 2021 |
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $759.66M | Feb 23, 2018 |
| FY2017 | Sep 30, 2017 | $1.18B | Feb 23, 2018 |
| FY2017 | Jun 30, 2017 | $944.59M | Feb 23, 2018 |
| FY2017 | Mar 31, 2017 | $677.73M | Feb 23, 2018 |
| FY2017 | Dec 31, 2016 | $739.20M | Feb 23, 2018 |
| FY2017 | Sep 30, 2016 | $1.17B | Feb 23, 2018 |
| FY2017 | Jun 30, 2016 | $915.39M | Feb 23, 2018 |
| FY2017 | Mar 31, 2016 | $677.17M | Feb 23, 2018 |
| FY2016 | Dec 31, 2015 | $734.43M | Feb 24, 2017 |
| FY2016 | Sep 30, 2015 | $1.20B | Feb 24, 2017 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2010 | Dec 31, 2010 | $350.05M | Feb 18, 2011 |
| FY2010 | Dec 31, 2009 | $68.33M | Feb 18, 2011 |
| FY2010 | Dec 31, 2008 | $242.13M | Feb 18, 2011 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.07B | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $1.01B | Feb 25, 2026 |
| FY2025 | Dec 31, 2023 | $824.64M | Feb 25, 2026 |
| FY2024 | Dec 31, 2022 | $731.91M | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $805.31M | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $788.15M | Feb 27, 2023 |
| FY2019 | Dec 31, 2019 | $12.00M | Feb 21, 2020 |
| FY2019 | Sep 30, 2019 | $403.29M | Feb 21, 2020 |
| FY2019 | Jun 30, 2019 | $196.59M | Feb 21, 2020 |
| FY2019 | Mar 31, 2019 | $60.08M | Feb 21, 2020 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.81B | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $1.61B | Feb 25, 2026 |
| FY2025 | Dec 31, 2023 | $1.21B | Feb 25, 2026 |
| FY2024 | Dec 31, 2022 | $1.24B | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $860.01M | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $966.37M | Feb 27, 2023 |
| FY2021 | Dec 31, 2019 | $956.73M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $1.28B | Feb 24, 2021 |
| FY2019 | Dec 31, 2017 | $1.12B | Feb 21, 2020 |
| FY2018 | Dec 31, 2016 | $1.02B | Feb 22, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $30.03B | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $26.10B | Feb 25, 2026 |
| FY2024 | Dec 31, 2023 | $24.66B | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $22.72B | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | $22.00B | Feb 27, 2023 |
| FY2021 | Dec 31, 2020 | $20.02B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $18.48B | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $17.66B | Feb 21, 2020 |
| FY2018 | Dec 31, 2017 | $17.02B | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $16.00B | Feb 23, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $7.05B | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $6.75B | Feb 25, 2026 |
| FY2024 | Dec 31, 2023 | $6.18B | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $6.05B | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | $5.91B | Feb 27, 2023 |
| FY2021 | Dec 31, 2020 | $5.63B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $5.43B | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $5.22B | Feb 21, 2020 |
| FY2018 | Dec 31, 2017 | $5.01B | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $4.80B | Feb 23, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.85B | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $3.67B | Feb 25, 2026 |
| FY2024 | Dec 31, 2023 | $3.47B | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $3.36B | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | $3.26B | Feb 27, 2023 |
| FY2021 | Dec 31, 2020 | $3.03B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $2.84B | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $2.64B | Feb 21, 2020 |
| FY2018 | Dec 31, 2017 | $2.44B | Feb 22, 2019 |
| FY2017 | Dec 31, 2016 | $2.26B | Feb 23, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $6.60M | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $3.84M | Feb 25, 2026 |
| FY2024 | Dec 31, 2023 | $4.96M | Feb 25, 2025 |
| FY2023 | Dec 31, 2022 | $4.83M | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | $9.97M | Feb 27, 2023 |
| FY2021 | Dec 31, 2020 | $59.97M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $10.28M | Feb 24, 2021 |
| FY2019 | Dec 31, 2018 | $5.77M | Feb 21, 2020 |
| FY2018 | Dec 31, 2017 | $13.89M | Feb 22, 2019 |
| FY2018 | Dec 31, 2016 | $8.88M | Feb 22, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2013 | Dec 31, 2013 | $3.34B | Feb 21, 2014 |
| FY2013 | Dec 31, 2012 | $3.32B | Feb 21, 2014 |
| FY2012 | Dec 31, 2011 | $3.50B | Feb 22, 2013 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 5 | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | 5 | Feb 25, 2026 |
| FY2025 | Dec 31, 2023 | 4 | Feb 25, 2026 |
| FY2024 | Dec 31, 2022 | 4 | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | 5 | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | 4 | Feb 27, 2023 |
| FY2019 | Dec 31, 2019 | 0 | Feb 21, 2020 |
| FY2019 | Sep 30, 2019 | 2 | Feb 21, 2020 |
| FY2019 | Jun 30, 2019 | 1 | Feb 21, 2020 |
| FY2019 | Mar 31, 2019 | 0 | Feb 21, 2020 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 5 | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | 5 | Feb 25, 2026 |
| FY2025 | Dec 31, 2023 | 4 | Feb 25, 2026 |
| FY2024 | Dec 31, 2022 | 4 | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | 5 | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | 4 | Feb 27, 2023 |
| FY2019 | Dec 31, 2019 | 0 | Feb 21, 2020 |
| FY2019 | Sep 30, 2019 | 2 | Feb 21, 2020 |
| FY2019 | Jun 30, 2019 | 1 | Feb 21, 2020 |
| FY2019 | Mar 31, 2019 | 0 | Feb 21, 2020 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $422.79M | Feb 25, 2026 |
| FY2025 | Dec 31, 2024 | $394.66M | Feb 25, 2026 |
| FY2025 | Dec 31, 2023 | $386.49M | Feb 25, 2026 |
| FY2024 | Dec 31, 2022 | $378.88M | Feb 25, 2025 |
| FY2023 | Dec 31, 2021 | $369.48M | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $350.58M | Feb 27, 2023 |
| FY2021 | Dec 31, 2019 | $329.64M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $308.89M | Feb 24, 2021 |
| FY2019 | Dec 31, 2017 | $289.79M | Feb 21, 2020 |
| FY2018 | Dec 31, 2016 | $274.23M | Feb 22, 2019 |