PNW Pinnacle West Capital Corporation

Price (delayed)

$70.43

Market cap

$7.93B

P/E Ratio

13.19

Dividend/share

$3.09

EPS

$5.34

Enterprise value

$14.63B

Sector: Utilities
Industry: Utilities - Regulated Electric
Pinnacle West Capital Corp. is a holding company, which engages in providing energy and energy-related products. It offers regulated retail and wholesale electricity businesses and related activities, such as electricity generation, transmission and distribution through its subsidiary, Arizona Public Service Co. The company was founded on February 20, 1985 and is headquartered in Phoenix, AZ.

Highlights

PNW's quick ratio has soared by 72% since the previous quarter and by 29% year-on-year
PNW's P/E is 30% below its 5-year quarterly average of 18.8 and 24% below its last 4 quarters average of 17.4
Pinnacle West Capital's debt has increased by 30% YoY and by 10% QoQ
PNW's revenue is down by 5% YoY

Key stats

What are the main financial stats of PNW
Market
Shares outstanding
112.56M
Market cap
$7.93B
Enterprise value
$14.63B
Valuations
Price to earnings (P/E)
13.19
Price to book (P/B)
1.44
Price to sales (P/S)
2.3
EV/EBIT
18.1
EV/EBITDA
9.86
EV/Sales
4.24
Earnings
Revenue
$3.45B
EBIT
$808.28M
EBITDA
$1.48B
Free cash flow
-$264.12M
Per share
EPS
$5.34
Free cash flow per share
-$2.34
Book value per share
$48.8
Revenue per share
$30.65
TBVPS
$168.97
Balance sheet
Total assets
$19.31B
Total liabilities
$13.7B
Debt
$6.71B
Equity
$5.49B
Working capital
-$349.27M
Liquidity
Debt to equity
1.22
Current ratio
0.77
Quick ratio
0.31
Net debt/EBITDA
4.52
Margins
EBITDA margin
43%
Gross margin
38.4%
Net margin
17.4%
Operating margin
20.8%
Efficiency
Return on assets
3.2%
Return on equity
10.9%
Return on invested capital
3.6%
Return on capital employed
4.5%
Return on sales
23.4%
Dividend
Dividend yield
4.38%
DPS
$3.09
Payout ratio
57.8%

PNW stock price

How has the Pinnacle West Capital stock price performed over time

Financial performance

How have Pinnacle West Capital's revenue and profit performed over time
Revenue
$3.45B
Gross profit
$1.33B
Operating income
$717.58M
Net income
$599.84M
Gross margin
38.4%
Net margin
17.4%
Pinnacle West Capital's net margin has increased by 26% YoY and by 7% QoQ
Pinnacle West Capital's net income has increased by 19% YoY and by 9% QoQ
Pinnacle West Capital's operating income has increased by 10% from the previous quarter but it has decreased by 5% YoY
PNW's operating margin is up by 8% from the previous quarter

Growth

What is Pinnacle West Capital's growth rate over time

Valuation

What is Pinnacle West Capital stock price valuation
P/E
13.19
P/B
1.44
P/S
2.3
EV/EBIT
18.1
EV/EBITDA
9.86
EV/Sales
4.24
PNW's P/E is 30% below its 5-year quarterly average of 18.8 and 24% below its last 4 quarters average of 17.4
PNW's EPS is up by 19% year-on-year and by 9% since the previous quarter
The stock's price to book (P/B) is 20% less than its 5-year quarterly average of 1.8 and 15% less than its last 4 quarters average of 1.7
PNW's equity is down by 3.2% YoY
PNW's P/S is 15% below its last 4 quarters average of 2.7 and 12% below its 5-year quarterly average of 2.6
PNW's revenue is down by 5% YoY

Efficiency

How efficient is Pinnacle West Capital business performance
Pinnacle West Capital's return on equity has increased by 19% YoY and by 9% QoQ
PNW's return on assets is up by 14% year-on-year and by 7% since the previous quarter
Pinnacle West Capital's ROIC has decreased by 10% YoY but it has increased by 6% from the previous quarter
PNW's return on sales is up by 9% since the previous quarter and by 2.2% year-on-year

Dividends

What is PNW's dividend history
DPS
$3.09
Dividend yield
4.38%
Payout ratio
57.8%
Recent dividends

Financial health

How did Pinnacle West Capital financials performed over time
PNW's total assets is 41% greater than its total liabilities
PNW's quick ratio has soared by 72% since the previous quarter and by 29% year-on-year
The company's current ratio has surged by 64% QoQ and by 43% YoY
Pinnacle West Capital's debt is 22% higher than its equity
Pinnacle West Capital's debt to equity has increased by 34% YoY and by 9% from the previous quarter
Pinnacle West Capital's debt has increased by 30% YoY and by 10% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.