Pinnacle West Capital Past Earnings Performance
Past criteria checks 2/6
Pinnacle West Capital's earnings have been declining at an average annual rate of -2.1%, while the Electric Utilities industry saw earnings growing at 5.7% annually. Revenues have been growing at an average rate of 6% per year. Pinnacle West Capital's return on equity is 8.3%, and it has net margins of 10.7%.
Key information
-2.1%
Earnings growth rate
-2.3%
EPS growth rate
| Electric Utilities Industry Growth | 6.3% |
| Revenue growth rate | 6.0% |
| Return on equity | 8.3% |
| Net Margin | 10.7% |
| Next Earnings Update | 02 May 2024 |
Recent past performance updates
Recent updates
Pinnacle West Capital Corporation's (NYSE:PNW) Share Price Not Quite Adding Up
Apr 19
Pinnacle West: Equity Offering Dilution Offset By Credit Stabilization
Mar 26Earnings Update: Pinnacle West Capital Corporation (NYSE:PNW) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Mar 01Are Investors Undervaluing Pinnacle West Capital Corporation (NYSE:PNW) By 33%?
Feb 11Here's Why Pinnacle West Capital (NYSE:PNW) Is Weighed Down By Its Debt Load
Jan 26Pinnacle West: Highest Yield Amongst Quality Utility Plays (Rating Upgrade)
Jan 12Pinnacle West Capital Corporation's (NYSE:PNW) Business Is Yet to Catch Up With Its Share Price
Dec 27Pinnacle West Capital (NYSE:PNW) Is Reinvesting At Lower Rates Of Return
Dec 12Pinnacle West: With Regulatory Problems In The Past, Nearing A Strong Entry Point
Nov 13Is Pinnacle West Capital Corporation (NYSE:PNW) Trading At A 21% Discount?
Nov 09Is Pinnacle West Capital (NYSE:PNW) Using Too Much Debt?
Sep 14Pinnacle West: Stellar Outperformance Amongst Utilities
Sep 11Pinnacle West Capital (NYSE:PNW) Might Be Having Difficulty Using Its Capital Effectively
Aug 24Are Pinnacle West Capital Investors Setting Themselves Up For A Fall?
Jun 29Pinnacle West Capital (NYSE:PNW) Has No Shortage Of Debt
Jun 12Some Investors May Be Worried About Pinnacle West Capital's (NYSE:PNW) Returns On Capital
May 26Calculating The Intrinsic Value Of Pinnacle West Capital Corporation (NYSE:PNW)
May 08Pinnacle West Capital (NYSE:PNW) Seems To Be Using A Lot Of Debt
Mar 03Pinnacle West Capital Q4 2022 Earnings Preview
Feb 24Pinnacle West Capital (NYSE:PNW) Will Be Hoping To Turn Its Returns On Capital Around
Feb 15Making Money With Pinnacle West When Everything Is Going Wrong
Feb 10Estimating The Intrinsic Value Of Pinnacle West Capital Corporation (NYSE:PNW)
Jan 05Pinnacle West: Bare-Bones Upside, Time For Some Calls
Jan 03Pinnacle West Capital declares $0.865 dividend
Dec 14Pinnacle West Capital (NYSE:PNW) Has No Shortage Of Debt
Nov 22Pinnacle West Capital GAAP EPS of $2.88 beats by $0.28, revenue of $1.47B beats by $160M
Nov 03Pinnacle West Capital's (NYSE:PNW) Returns On Capital Not Reflecting Well On The Business
Oct 31Pinnacle West Capital to raise dividend by ~2% to $0.865/share
Oct 21Pinnacle West - From Cheap To Overvalued Again
Aug 15Is Pinnacle West Capital (NYSE:PNW) Using Too Much Debt?
Aug 14Pinnacle West Capital Q2 2022 Earnings Preview
Aug 02Pinnacle West Capital (NYSE:PNW) Is Reinvesting At Lower Rates Of Return
Jul 28Pinnacle West - Starting To Look Expensive Due To Muted Earnings
Jun 01Is Pinnacle West Capital (NYSE:PNW) Using Too Much Debt?
May 16The Returns On Capital At Pinnacle West Capital (NYSE:PNW) Don't Inspire Confidence
Apr 29Revenue & Expenses BreakdownBeta
Revenue & Expenses Breakdown
BetaHow Pinnacle West Capital makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 4,696 | 502 | -41 | 0 |
| 30 Sep 23 | 4,714 | 478 | -55 | 0 |
| 30 Jun 23 | 4,546 | 406 | -70 | 0 |
| 31 Mar 23 | 4,486 | 463 | -85 | 0 |
| 31 Dec 22 | 4,324 | 484 | -98 | 0 |
| 30 Sep 22 | 4,114 | 535 | -102 | 0 |
| 30 Jun 22 | 3,952 | 549 | -106 | 0 |
| 31 Mar 22 | 3,891 | 600 | -109 | 0 |
| 31 Dec 21 | 3,804 | 619 | -113 | 0 |
| 30 Sep 21 | 3,746 | 572 | -269 | 0 |
| 30 Jun 21 | 3,692 | 578 | -84 | 0 |
| 31 Mar 21 | 3,622 | 556 | -70 | 0 |
| 31 Dec 20 | 3,587 | 551 | -56 | 0 |
| 30 Sep 20 | 3,516 | 634 | -8 | 0 |
| 30 Jun 20 | 3,453 | 600 | -40 | 0 |
| 31 Mar 20 | 3,393 | 550 | -32 | 0 |
| 31 Dec 19 | 3,471 | 538 | -23 | 0 |
| 30 Sep 19 | 3,557 | 500 | 101 | 0 |
| 30 Jun 19 | 3,634 | 503 | -36 | 0 |
| 31 Mar 19 | 3,739 | 526 | -42 | 0 |
| 31 Dec 18 | 3,691 | 511 | -50 | 0 |
| 30 Sep 18 | 3,695 | 507 | -42 | 0 |
| 30 Jun 18 | 3,610 | 468 | -36 | 0 |
| 31 Mar 18 | 3,580 | 468 | -31 | 0 |
| 31 Dec 17 | 3,565 | 488 | -25 | 0 |
| 30 Sep 17 | 3,545 | 520 | -20 | 0 |
| 30 Jun 17 | 3,528 | 507 | -13 | 0 |
| 31 Mar 17 | 3,499 | 461 | -6 | 0 |
| 31 Dec 16 | 3,499 | 442 | -20 | 0 |
| 30 Sep 16 | 3,494 | 430 | 0 | 0 |
| 30 Jun 16 | 3,526 | 424 | 0 | 0 |
| 31 Mar 16 | 3,501 | 426 | 0 | 0 |
| 31 Dec 15 | 3,495 | 437 | 0 | 0 |
| 30 Sep 15 | 3,487 | 402 | 0 | 0 |
| 30 Jun 15 | 3,461 | 388 | 0 | 0 |
| 31 Mar 15 | 3,477 | 398 | 0 | 0 |
| 31 Dec 14 | 3,492 | 398 | 0 | 0 |
| 30 Sep 14 | 3,465 | 416 | 0 | 0 |
| 30 Jun 14 | 3,445 | 399 | 0 | 0 |
| 31 Mar 14 | 3,454 | 397 | 0 | 0 |
| 31 Dec 13 | 3,455 | 406 | 0 | 0 |
| 30 Sep 13 | 3,448 | 409 | 0 | 0 |
| 30 Jun 13 | 3,405 | 427 | 0 | 0 |
Quality Earnings: PNW has high quality earnings.
Growing Profit Margin: PNW's current net profit margins (10.7%) are lower than last year (11.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PNW's earnings have declined by 2.1% per year over the past 5 years.
Accelerating Growth: PNW's earnings growth over the past year (3.7%) exceeds its 5-year average (-2.1% per year).
Earnings vs Industry: PNW earnings growth over the past year (3.7%) did not outperform the Electric Utilities industry 3.8%.
Return on Equity
High ROE: PNW's Return on Equity (8.3%) is considered low.