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Pinnacle West Capital Corporation

corporate_fare Company Profile

Pinnacle West Capital Corporation

PNW·NYSE·Energy & Transportation·CIK 0000764622

Pinnacle West is an investor-owned electric utility holding company based in Phoenix, Arizona, with consolidated assets of approximately $30 billion. The company derives essentially all of its revenues and earnings from its principal subsidiary, Arizona Public Service Company (APS). Since 1886, APS and its affiliates have provided energy and energy-related products to people and businesses throughout Arizona. APS is Arizona's largest and longest-serving electric company, generating electricity in 11 of Arizona's 15 counties. Pinnacle West's other active subsidiaries are El Dorado and PNW Power. The company's reportable business segment is its regulated electricity segment, which consists of traditional regulated retail and wholesale electricity businesses, primarily electric service to Native Load customers, and related activities, including electricity generation, transmission, and distribution. These activities are conducted primarily through APS. APS currently provides electric service to approximately 1.4 million customers. It owns or leases 6,257 MW of regulated generation capacity and holds a mix of both long-term and short-term Power Purchase Agreements (PPAs) for additional capacity. During 2025, no single purchaser or user of energy accounted for more than 1.9% of APS's electric revenues. APS obtains power through its various generation stations and through PPAs. Its diverse portfolio of existing and planned resources includes biomass, biogas, coal, energy storage, geothermal, natural gas, solar, and wind. In 2025, approximately 58% of APS's energy supply was derived from clean resources, which includes energy from nuclear, renewables, and Demand Side Management (DSM), as well as PPAs with clean resources.

Pinnacle West Capital Corporation (NYSE:PNW) is a publicly traded company in the Energy & Transportation sector. Wiseek monitors PNW SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • Arizona Public Service Prices $700M Debt Offering to Fund Capital Plan
  • Pinnacle West Investor Deck Details $10.35B Capital Plan, Rate Case Positions, and 5-7% EPS Growth Target
  • Pinnacle West Launches $500M At-the-Market Equity Program with Forward Sale Option
  • Pinnacle West Launches $500M At-the-Market Equity Program to Fund Growth
  • Pinnacle West Q2 EPS Misses Estimates as Higher Costs Bite

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$5.34B
Net Income
$631.64M
Diluted EPS
$5.05
Op. Cash Flow
$1.81B
Free Cash Flow
-$819.52M
Operating Income
$1.07B
Cash & Equivalents
$6.6M
Total Debt
$9.81B
Debt / Equity
1.39×
Net Margin
11.8%
Shares Outstanding
120.91M sh
Source: 10-K · filed 2026-02-25 · accession 0000764622-26-000011

Dilution Risk

Low risk

Filing-implied dilution signals for PNW, detected from its recent SEC filings · based on capital-structure filings through 2026-08-04.

2 recent capital raises

$500M ATM Equity Program Established · Proceeds to Fund APS Growth and Debt

⚠ A more recent filing has been published for this ticker since this signal was computed; it may not yet be reflected — see the filings below.

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

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$99.38
52-week range · as of 2026-08-07 $85.32 – $111.16
Market cap
$12.04B
Volume
925K (0.8× avg)
3-mo avg 1.2M
Live data · 2026-08-21 10:22 UTC · Pre-market

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feed PNW - Latest Insights

PNW
Aug 10, 2026, 6:02 PM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $99.23
Real-time Price: $99.38 info
Change: +$0.150 (+0.15%) info
Market Cap: $12.045B info
PNW
Aug 07, 2026, 4:35 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $101.03
Real-time Price: $99.38 info
Change: -$1.65 (-2%) info
Market Cap: $12.045B info
PNW
Aug 04, 2026, 9:01 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $98.80
Real-time Price: $99.38 info
Change: +$0.580 (+0.59%) info
Market Cap: $12.045B info
PNW
Aug 04, 2026, 8:58 AM EDT
Filing Type: 424B5
Importance Score:
7
Price at Filing: $99.38
Real-time Price: $99.38 info
Change: $0 (0%) info
Market Cap: $12.045B info
PNW
Aug 04, 2026, 8:40 AM EDT
Source: Reuters
Importance Score:
7
Price at Filing: $99.38
Real-time Price: $99.38 info
Change: $0 (0%) info
Market Cap: $12.045B info
PNW
Aug 04, 2026, 8:20 AM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $98.00
Real-time Price: $99.38 info
Change: +$1.38 (+1%) info
Market Cap: $12.045B info
PNW
Aug 04, 2026, 8:18 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $98.00
Real-time Price: $99.38 info
Change: +$1.38 (+1%) info
Market Cap: $12.045B info
PNW
Jun 08, 2026, 4:25 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $101.29
Real-time Price: $99.38 info
Change: -$1.91 (-2%) info
Market Cap: $12.045B info
PNW
Jun 02, 2026, 4:30 PM EDT
Filing Type: 424B5
Importance Score:
7
Price at Filing: $98.82
Real-time Price: $99.38 info
Change: +$0.560 (+0.57%) info
Market Cap: $12.045B info
PNW
Jun 01, 2026, 4:41 PM EDT
Filing Type: FWP
Importance Score:
8
Price at Filing: $97.48
Real-time Price: $99.38 info
Change: +$1.90 (+2%) info
Market Cap: $12.045B info
PNW
Jun 01, 2026, 8:46 AM EDT
Filing Type: 424B5
Importance Score:
7
Price at Filing: $99.74
Real-time Price: $99.38 info
Change: -$0.360 (-0.36%) info
Market Cap: $12.045B info
PNW
May 06, 2026, 4:06 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $100.17
Real-time Price: $99.38 info
Change: -$0.790 (-0.79%) info
Market Cap: $12.045B info
PNW
May 04, 2026, 8:24 AM EDT
Filing Type: 10-Q
Importance Score:
8
Price at Filing: $102.99
Real-time Price: $99.38 info
Change: -$3.61 (-4%) info
Market Cap: $12.045B info
PNW
May 04, 2026, 8:24 AM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $103.55
Real-time Price: $99.38 info
Change: -$4.17 (-4%) info
Market Cap: $12.045B info
PNW
May 04, 2026, 8:24 AM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $103.55
Real-time Price: $99.38 info
Change: -$4.17 (-4%) info
Market Cap: $12.045B info
PNW
Apr 15, 2026, 4:01 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $102.80
Real-time Price: $99.38 info
Change: -$3.42 (-3%) info
Market Cap: $12.045B info
PNW
Apr 03, 2026, 11:33 AM EDT
Filing Type: DEF 14A
Importance Score:
9
Price at Filing: $102.70
Real-time Price: $99.38 info
Change: -$3.32 (-3%) info
Market Cap: $12.045B info
PNW
Mar 12, 2026, 5:06 PM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $101.48
Real-time Price: $99.38 info
Change: -$2.10 (-2%) info
Market Cap: $12.045B info
PNW
Feb 25, 2026, 8:26 AM EST
Filing Type: 10-K
Importance Score:
7
Price at Filing: $100.05
Real-time Price: $99.38 info
Change: -$0.670 (-0.67%) info
Market Cap: $12.045B info
PNW
Feb 25, 2026, 8:24 AM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $100.05
Real-time Price: $99.38 info
Change: -$0.670 (-0.67%) info
Market Cap: $12.045B info