PNW
Pinnacle West Capital
$102.43
▲ 0.1%Updated Today 7:15 PM ET
▲ Up 15.6% over the last 12 months
Market Cap
$12.40B
P/E
19.08x
Forward P/E (est.)
17.92x
ROE
9.3%
Revenue Growth
4.8%
EPS Growth
6.5%
Profit Margin
12.0%
FCF Yield
11.0%
Debt / Equity
1.5x
ROIC
8.0%
Interest Coverage
3.22x
Current Ratio
0.6x
Dividend Yield
3.5%
Implied Growth (rev. DCF)
—
Rating Score
50/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what PNW's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. PNW trades near $102.43, above its 50-day average ($101.74) and 200-day average ($94.75). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 55 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. PNW's is $2.17 (~2.1% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month PNW found buyers near $97.35 (support) and sellers near $105.08 (resistance); its 52-week range is $85.32–$105.08. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.9× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
Pinnacle West Capital (PNW) is a large-cap company in the Multi-Utilities industry, part of the Utilities sector of the S&P 500, with a market value around $12.40B.
In its latest reported year it generated about $5.34B in revenue.
Our model rates PNW Neutral (50/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
8.9%
Revenue moved from $3.80B in 2021 to $5.34B in 2025, a 8.9% compound annual growth rate. The most recent year was roughly flat (4.8%) year over year. Slower, mature growth is common for established businesses.
Gross Margin
—
Operating Margin
20.0%
Net Margin
12.0%
ROE
9.3%
Pinnacle West Capital keeps about 12.0% of each sales dollar as net profit. Return on equity is 9.3% and return on invested capital about 8.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$3.34B
Net Debt
$3.33B
Net Debt / EBITDA
3.12x
Debt / Equity
1.5x
Leverage: debt-to-equity is 1.5x, and operating profit covers interest about 3.2x, with a current ratio of 0.6x. That is a moderate, manageable debt load for most businesses. It carries roughly $3.34B of total debt against $6.41M of cash.
Operating CF
$1.81B
Free Cash Flow
-$819.52M
FCF Margin
-15.3%
In the latest year Pinnacle West Capital produced about $1.81B of operating cash flow but negative free cash flow as it invested heavily. That is a free-cash-flow yield of about 11.0% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
19.08x
P/S
2.37x
P/B
1.48x
EV / EBITDA
7.81x
PNW trades at 19.1x trailing earnings (about 17.9x on estimated forward earnings), 2.4x sales, and 1.5x book value. That is a fairly typical valuation for a profitable company.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How PNW stacks up against its Utilities peers — valuation, profitability, and growth versus the sector median.
In the Utilities sector (31 S&P 500 companies), PNW ranks #21 of 31 by our overall rating. It trades at roughly in line versus the sector on earnings (19.1x P/E vs. 21.8x median) with a lower return on equity (9.3% vs. 10.4%) and slower revenue growth (4.8% vs. 9.0%).
P/E vs sector
19.1x
median 21.8x
ROE vs sector
9.3%
median 10.4%
Growth vs sector
4.8%
median 9.0%
Sector rank
#21
of 31 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Utilities companies by sub-industry and size. Sector median is across all 31 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$74.23 – $128.22
vs. $102.43 today · expected CAGR -6% – 5%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $5.61B | $5.89B | $6.18B | $6.49B | $6.82B |
| Net income | $672.83M | $706.47M | $741.80M | $778.89M | $817.83M |
| EPS | $5.55 | $5.83 | $6.12 | $6.43 | $6.75 |
| Share price (low) | $61.07 | $64.13 | $67.33 | $70.70 | $74.23 |
| Share price (high) | $105.49 | $110.76 | $116.30 | $122.12 | $128.22 |
| CAGR (low–high) | -40% / 3% | -21% / 4% | -13% / 4% | -9% / 4% | -6% / 5% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for PNW:
- Healthy free-cash-flow yield (~11.0%) funds buybacks and dividends.
- Pays a 3.5% dividend on top of any price gains.
The case against PNW:
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Balance-sheet risk — debt/equity of 1.5x magnifies the impact of higher rates or weaker earnings.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: Pinnacle West Capital is a large-cap utilities business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at 19.1x earnings, which our model scores Neutral (50/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.