Pinnacle West Capital Corporation PNW NYSE

NYSE • Utilities • Regulated Electric • US • USD

SharesGrow Score

49/100

2/7 Pass

SharesGrow Intrinsic Value

Income Statement Balance Sheet Cash Flow Statement

Annual Quarterly

Pinnacle West Capital Corporation (PNW) generated $476.78M in operating cash flow for quarter ending 2025-12-31. After capital expenditures of $669.52M, free cash flow was $-192.74M.

Free cash flow margin was -17.1% of revenue. Cash conversion ratio was 30.95x, indicating earnings are backed by cash.

The company returned $107.33M in dividends to shareholders during the quarter.

Criteria supported by this page:

HEALTH (0/100, Fail) — weak cash flow raises concerns about debt servicing
MOAT (44/100, Fail) — limited free cash flow weakens the competitive position
INCOME (55/100) — Cash conversion ratio was 30.95x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 49/100 with 2/7 criteria passed.

SharesGrow 7-Criteria Score

49/100

SG Score

View full scorecard →

VALUE

54/100

Price-to-Earnings & upside

→ Valuation

✗

FUTURE

26/100

Analyst consensus

→ Forecast

✓

PAST

100/100

→ Income

✗

HEALTH

0/100

Debt-to-Equity & liquidity

Proven by this page

✗

MOAT

44/100

Proven by this page

✓

GROWTH

65/100

→ Income

INCOME

55/100

→ Income

Pinnacle West Capital Corporation Cash Flow History

Metric	TTM	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025
Operating Cash Flow	$1.81B	$476.78M	$664.99M	$261.43M	$401.9M
Capital Expenditure	$-2.62B	$-669.52M	$-623.03M	$-709.52M	$-622.55M
Free Cash Flow	$-819.52M	$-192.74M	$41.96M	$-448.09M	$-220.66M