PINNACLE WEST CAPITAL CORP
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $5.3B | $5.1B | $4.7B | $4.3B | $3.8B |
| Operating income | $1.1B | $1.0B | $824.6M | $731.9M | $805.3M |
| Cash from operations | $1.8B | $1.6B | $1.2B | $1.2B | $860.0M |
| Capital expenditure | $2.6B | $2.2B | $1.8B | $1.7B | $1.5B |
| Free cash flow | -$819.5M | -$639.4M | -$638.7M | -$466.0M | -$613.5M |
| Share repurchases | — | — | $4.1M | $2.7M | — |
| Total assets | $30.0B | $26.1B | $24.7B | $22.7B | $22.0B |
| Total debt | $9.8B | $8.9B | $8.4B | $7.8B | $7.1B |
Shares outstanding 121.2M · Free float 99.7%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.