Pinnacle West Capital Corp

Common Name

Pinnacle West Capital

Country

United States

Sector

Utilities

Industry

Utilities - Regulated Electric

Employees

6,403

Ticker

PNW

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.pinnaclewest.com

Description

Pinnacle West Capital Corporation is a prominent utility holding company based in Phoenix, Arizona. Its primary function is to provide regulated electricity services through its principal subsidiary, ... Show more

Income Statement Balance Sheet

Financial Statements of Pinnacle West Capital

Below are the financial statements of Pinnacle West Capital, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of USD	2024 2024-01-01 - 2024-12-31	2023 2023-01-01 - 2023-12-31	2022 2022-01-01 - 2022-12-31
Operating revenues	5,124.92^a	4,695.99^a	4,324.39^a
Operating expenses	—	—	—
Fuel and purchased power	-1,822.57^a	-1,792.66^a	-1,629.34^a
Operations and maintenance	-1,165.16^a	-1,058.73^a	-987.07^a
Depreciation and amortization	-895.35^a	-794.04^a	-753.2^a
Taxes other than income taxes	-227.4^a	-224.01^a	-220.37^a
Other expense	-2.39^a	-1.91^a	-2.49^a
Total	-4,112.85^a	-3,871.35^a	-3,592.47^a
Operating income	1,012.06^a	824.64^a	731.91^a
Other income (deductions)	—	—	—
Allowance for equity funds used during construction	38.62^a	53.12^a	45.26^a
Pension and other postretirement non-service credits, net	48.87^a	40.65^a	98.49^a
Other income	48.61^a	33.67^a	7.92^a
Other expense	-34.14^a	-25.06^a	-52.39^a
Total	101.97^a	102.38^a	99.28^a
Interest expense	—	—	—
Interest charges	-425.74^a	-374.89^a	-283.57^a
Allowance for borrowed funds used during construction	-48.27^a	-43.56^a	-28.03^a
Total	-377.47^a	-331.32^a	-255.54^a
Income before income taxes	736.56^a	595.69^a	575.65^a
Income taxes	-110.53^a	-76.91^a	-74.83^a
Net income	626.03^a	518.78^a	500.83^a
Less: net income attributable to noncontrolling interests	17.22^a	17.22^a	17.22^a
Net income attributable to common shareholders	608.81^a	501.56^a	483.6^a

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Verified Sources Behind Pinnacle West Capital’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Pinnacle West Capital’s data sources below and access millions more through our Disclosure Search.

a. Pinnacle West Capital's 10-K 2024

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Pinnacle West Capital Corp

Financial Statements of Pinnacle West Capital

Verified Sources Behind Pinnacle West Capital’s Financial Fundamentals Data

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