PNW Research | Milton Maxwell

PNW

Pinnacle West Capital Corporation

87.82

-0.55-0.62%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

-/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

10.51B

P/E (TTM)

18.11

Basic EPS (TTM)

4.85

Dividend Yield

0.04%

Recent Filings

8-K

11/3/25Nov 3, 2025

10-Q

11/3/25Nov 3, 2025

8-K

Investor outlook highlights growth

10/14/25Oct 14, 2025

Pinnacle West Capital Corporation disclosed investor handouts for October 2025 meetings, outlining a robust Arizona service territory with 2.1% residential customer growth expected in 2025, outpacing the national average. The company projects 5%-7% long-term EPS growth off the original 2024 midpoint, fueled by a $9.66 billion capital plan through 2027 emphasizing generation and transmission to support reliability amid economic expansion. Arizona's business-friendly policies drive diverse commercial and industrial development. Rate base grows to $14.4 billion by 2027.

8-K

Forward sale settlement extended

9/2/25Sep 2, 2025

Pinnacle West Capital amended its forward sale agreements with Wells Fargo Bank on August 28, 2025, pushing the settlement date for share forward transactions to December 31, 2026, from the prior September 4, 2025. This extension aligns with ongoing strategic hedging efforts. No financial impacts or additional terms were disclosed. The move buys time amid market flux.

8-K

Investor handouts outline growth

9/2/25Sep 2, 2025

Pinnacle West Capital Corporation disclosed investor handouts for September 2025 meetings, highlighting a robust Arizona economy driving 1.5%-2.5% residential customer growth. The company outlined a $9.66 billion capital plan through 2027 to bolster reliability amid expansion, targeting 5%-7% long-term EPS growth off the 2024 midpoint. Rate base is projected to reach $14.4 billion by 2027. Regulatory lag persists despite improvements.

About

Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using nuclear, gas, oil, coal, and solar generating facilities. Its transmission facilities include overhead lines and underground lines; and distribution facilities consist of overhead lines and underground primary cables. The company also owns and maintains transmission and distribution substations; and owns energy storage facilities. Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.

CEO

Mr. Theodore N. Geisler

IPO

2/21/1973

Website

https://www.pinnaclewest.com

Employees

6,403

Sector

Utilities

Industry

Utilities - Regulated Electric