FN2 Earnings Intelligence
Pinnacle West Capital Corporation cash flow
Pinnacle West Capital Corporation (PNW) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $10 | $4.8 | $5 | $3.8 | $6.6 | - | - |
| + Debt | $7,205.7 | $8,082 | $8,150.1 | $8,627.1 | $9,962.7 | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $3,803.8 | $4,324.4 | $4,696 | $5,124.9 | $5,339.9 | $5,542 | $5,955 |
| % Growth | 6.0% | 13.7% | 8.6% | 9.1% | 4.2% | 3.8% | 7.5% |
| Gross Profit | - | - | - | - | - | - | - |
| % Margin | - | - | - | - | - | - | - |
| EBITDA | $1,524.5 | $1,549.7 | $1,678.8 | $1,968.2 | $2,037.2 | - | - |
| % Margin | 40.1% | 35.8% | 35.7% | 38.4% | 38.2% | - | - |
| Net Income | $635.9 | $500.8 | $518.8 | $626 | $631.6 | - | - |
| % Margin | 16.7% | 11.6% | 11.0% | 12.2% | 11.8% | - | - |
| Diluted EPS | $5.47 | $4.26 | $4.41 | $5.24 | $5.05 | $4.75 | $5.56 |
| % Growth | 12.3% | -22.1% | 3.5% | 18.8% | -3.6% | -5.9% | 17.1% |
| Operating Cash Flow | $860 | $1,241.4 | $1,207.7 | $1,609.8 | $1,805.1 | - | - |
| CapEx | $1,473.5 | $1,707.5 | $1,846.4 | $2,249.2 | $2,624.6 | - | - |
| Free Cash Flow | -$613.5 | -$466 | -$638.7 | -$639.4 | -$819.5 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $3,803.8 | $4,324.4 | $4,696 | $5,124.9 | $5,339.9 | $5,542 | $5,955 |
| Gross Profit | - | - | - | - | - | - | - |
| EBITDA | $1,524.5 | $1,549.7 | $1,678.8 | $1,968.2 | $2,037.2 | - | - |
| Net Income | $635.9 | $500.8 | $518.8 | $626 | $631.6 | - | - |
| Diluted EPS | $5.47 | $4.26 | $4.41 | $5.24 | $5.05 | $4.75 | $5.56 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $10 | $4.8 | $5 | $3.8 | $6.6 |
| Short-term Debt | $292 | $340.7 | $609.5 | $568.4 | $757 |
| Long-term Debt | $6,913.7 | $7,741.3 | $7,540.6 | $8,058.6 | $9,205.7 |
| Total Debt | $7,205.7 | $8,082 | $8,150.1 | $8,627.1 | $9,962.7 |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $860 | $1,241.4 | $1,207.7 | $1,609.8 | $1,805.1 |
| Capital Expenditure | $1,473.5 | $1,707.5 | $1,846.4 | $2,249.2 | $2,624.6 |
| Free Cash Flow | -$613.5 | -$466 | -$638.7 | -$639.4 | -$819.5 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 6.0% | 13.7% | 8.6% | 9.1% | 4.2% |
| Gross Margin | - | - | - | - | - |
| EBITDA Margin | 40.1% | 35.8% | 35.7% | 38.4% | 38.2% |
| Net Margin | 16.7% | 11.6% | 11.0% | 12.2% | 11.8% |
| FCF Margin | -16.1% | -10.8% | -13.6% | -12.5% | -15.3% |
| Diluted EPS Growth | 12.3% | -22.1% | 3.5% | 18.8% | -3.6% |