Pinnacle West Capital Corporation (PNW)
Pinnacle West is the parent company of Arizona Public Service, the primary electricity provider keeping the lights on for over a million homes and businesses.
Is Pinnacle West Capital Corporation a good stock for a UK beginner?
The honest version: Pinnacle West is the parent company of Arizona Public Service, the primary electricity provider keeping the lights on for over a million homes and businesses.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
Successful transition to renewable energy sources lowering long-term costs.
Significant regulatory pushback on rate hikes or major grid failures.
What does Pinnacle West Capital Corporation do?
Think of Pinnacle West as the engine room for Arizona's power grid, generating and delivering electricity across a rapidly growing state. Customers pay for the power they use, with rates typically overseen by local regulators to ensure fairness, and that is the source of income. Much depends on how they fund the massive infrastructure upgrades needed to keep pace with Arizona's booming population.
On our factor screen it looks strongest on growth and income, and weakest on quality.
- ✓Pays a dividend - about 3.6% a year
- ✓Growing - revenue up about 11% over the year
- !Carries a lot of debt - roughly 2.1x its equity
- Provides an essential service with predictable demand
- Benefits from operating in a high-growth region
- Offers a steady income stream through dividends
- Extreme weather events damaging the power grid
- Changes in state energy policy or environmental regulations
- High debt levels often required to fund utility operations
What do Pinnacle West Capital Corporation's numbers mean?
How much money does Pinnacle West Capital Corporation make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Does Pinnacle West Capital Corporation pay a dividend?
Yes - Pinnacle West Capital Corporation currently pays a dividend of about 3.6% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
When does Pinnacle West Capital Corporation report earnings, and how did recent quarters go?
Pinnacle West Capital Corporation is next scheduled to report on about 2026-08-04 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-05-04 | — | $0.27 | Beat +15889% |
| 2026-02-25 | $0.02 | $0.13 | Beat +473% |
| 2025-11-03 | $3.09 | $3.39 | Beat +10% |
| 2025-08-06 | $1.59 | $1.58 | In line |
| 2025-05-01 | $0.02 | $-0.04 | Missed -340% |
| 2025-02-25 | $-0.14 | $-0.06 | Beat +58% |
Across the last 6 quarters here, Pinnacle West Capital Corporation came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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American Electric Power Company, Inc.What are the scenarios for Pinnacle West Capital Corporation?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Pinnacle West Capital Corporation?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Provides an essential service with predictable demand
- Benefits from operating in a high-growth region
- Offers a steady income stream through dividends
- Heavy reliance on regulatory approval for pricing
- Requires constant, expensive investment in physical infrastructure
- Limited ability to grow revenue outside of its specific service area
- Extreme weather events damaging the power grid
- Changes in state energy policy or environmental regulations
- High debt levels often required to fund utility operations
The write-up's own warning lights — if these start happening, the case above changes.
- A major shift in Arizona's population growth trends
- A fundamental change in how utility companies are regulated by the state
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.