PNW
Pinnacle West CapitalPrevious close
106.28
Change
−0.36 / −0.34%
P/E (TTM) ?
20.3
Market Cap
$12.9B
1M
+14.23%
S&P 500 −0.91% over same period
Volume / Avg Volume
1.2M / 1.5M
0.83× average
Latest earnings analysisFY2026 Q2Reported 2026-08-04
Pinnacle West Q2 2026: revenue up 7.1%, EPS $1.43 misses as heat lifts demand
Pinnacle West's second quarter was a demand story, not an earnings story: revenue rose 7.1% to $1.46 billion on an early Arizona summer, but diluted EPS fell to $1.43 from $1.58 and landed $0.05 below the $1.48 consensus. Higher interest and depreciation costs ate the top-line gain. Full-year guidance of $4.55 to $4.75 was unchanged.
Read the full analysis →Revenue$1.46BYoY +7.10%
EPS$1.43Missest. $1.48
Next-day move+0.05%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-08-04 | $1.5B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-05-04 | $1.1B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-25 | $5.3B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-11-03 | $1.8B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-08-06 | $1.4B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-05-01 | $1.0B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 90 of its 5-year rangeExpensive
5-year range 16.0 – 20.8 · Median 18.0
Last 4 quarters: $0 in buybacks + $431M in dividends, 3.34% of market cap combined
P/E (TTM)
20.3
P/B
1.9
P/S
2.3
Dividend Yield
4.80%
Earnings Reaction
Over the last 6 reports, the stock moved ±0.5% on average on the first trading day after, rising 3 times
Most recent +0.05%
Volatility & Correlation
1-year beta -0.13 · Correlation with S&P 500 -0.10Low beta
Annualized volatility 17% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 2 · $0.28MNet selling $0.28M
- 08-10Blankenship Elizabeth AVP, Controller and CAOSell$0.10M980 shares · Avg price 99.17
- 08-07Esparza Jose Luis JrSell$0.18M1,800 shares · Avg price 102.01
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q2 | 1.46 | +7.1% | — | — | 1.43 |
| FY2026 Q1 | 1.15 | +11.4% | — | — | 0.27 |
| FY2025 Q4 | 1.13 | +3.0% | — | — | 0.12 |
| FY2025 Q3 | 1.82 | +2.9% | — | — | 3.39 |
| FY2025 Q2 | 1.36 | +3.8% | — | — | 1.58 |
| FY2025 Q1 | 1.03 | +8.5% | — | — | -0.04 |
| FY2024 Q4 | 1.10 | +10.5% | — | — | -0.04 |
| FY2024 Q3 | 1.77 | +8.0% | — | — | 3.37 |
| FY2024 Q2 | 1.31 | +16.7% | — | — | 1.76 |
| FY2024 Q1 | 0.95 | +0.7% | — | — | 0.15 |
| FY2023 Q4 | 0.99 | −1.8% | — | — | 0.00 |
| FY2023 Q3 | 1.64 | +11.4% | — | — | 3.50 |