Stock AnalizPinnacle West Capital Corp. PNW
Electric Utilities: Central · data as of November 13, 2026
Pinnacle West Capital Corp. (PNW) is a utility company listed in the US with a market value of about $13.0B. In the twelve months to September 30, 2026 it had revenue of $5.7B and net income of $661M, a net margin of 11.6%.
Its overall Stock Analiz score is 1.6 out of 5 (weak). The strongest part is shareholder returns (3/5); the weakest is financial health (0/5).
Key numbers: a P/E of 20.2, 5-year revenue growth of 8% a year, a 5-year average ROIC of 4%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 23% below the current price.
Score: 1.6 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- Profit margin improving
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- Pays a dividend
- Dividend 3 years in a row
- Stock-based pay below 5% of revenue
Checks not passed
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.7B | $5.3B | $5.1B | $4.7B | $4.3B | $3.8B | $3.6B | $3.5B | $3.7B | $3.6B | $3.5B |
| Net income | $661M | $617M | $609M | $502M | $484M | $619M | $551M | $538M | $511M | $488M | $442M |
| Free cash flow | -$932M | -$820M | -$639M | -$639M | -$466M | -$613M | -$360M | -$235M | $99M | -$291M | -$252M |
| EPS (diluted) | $5.31 | $5.05 | $5.24 | $4.41 | $4.26 | $5.47 | $4.87 | $4.77 | $4.54 | $4.35 | $3.95 |
| Net margin | 11.6% | 11.6% | 11.9% | 10.7% | 11.2% | 16.3% | 15.3% | 15.5% | 13.8% | 13.7% | 12.6% |
| ROIC | — | 4.4% | 5.0% | 4.5% | 3.9% | 4.6% | 5.0% | 5.1% | 6.1% | 7.3% | 7.3% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 15 analysts is $105.70, 1% below the current price; targets range from $89.00 to $119.50; the consensus rating is “Buy”; expected EPS is $5.05 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Pinnacle West Capital’s P/E ratio?
About 20.2, based on the last twelve months of diluted earnings per share (forward P/E about 36.1).
Is Pinnacle West Capital stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 23% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Pinnacle West Capital pay a dividend?
Yes. The dividend yield is about 3.43%, and it has paid dividends for 10 years in our data.
Is Pinnacle West Capital a good stock to buy?
We do not give buy or sell advice. Pinnacle West Capital scores 1.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.