Pinnacle West Capital Corp

PNW Earnings — EPS History, Revenue & Growth

Reported earnings per share, revenue and net income for PNW across recent quarters, with growth rates, margins and how those earnings translate into the multiple the market is paying today.

$94.23+0.02% todayUSD · live quote

PNW Earnings Per Share (TTM)

$5.21
Trailing twelve-month earnings per share reported by PNW.
PNW earnings are contracting at 9.2% versus the comparable prior period.
Revenue (TTM)
$5.46B
Net income (TTM)
$654.10M
EPS growth
-9.2%
Revenue growth
+7.1%
Net margin
+11.5%
P/E on these earnings
17.84

PNW Quarterly EPS History

Reported earnings per share for PNW by quarter. Consistency matters as much as size — a smooth rising series earns a higher multiple than a volatile one.

Q2 2022 EPS $1.60Q3 2022 EPS $2.88Q4 2022 EPS $4.26Q1 2023 EPS $-0.03Q2 2023 EPS $0.94Q3 2023 EPS $3.50Q4 2023 EPS $0.00Q1 2024 EPS $0.15Q2 2024 EPS $1.77Q3 2024 EPS $3.40Q4 2024 EPS $5.24Q1 2025 EPS $-0.04Q2 2025 EPS $1.58Q3 2025 EPS $3.39Q4 2025 EPS $0.12Q1 2026 EPS $0.27

PNW Revenue by Quarter

Top-line revenue for PNW. Earnings growth that outpaces revenue growth comes from margin expansion, which is finite; revenue growth is the durable driver.

Q2 2022 revenue $1.85BQ3 2022 revenue $1.47BQ4 2022 revenue $1.01BQ1 2023 revenue $944.96MQ2 2023 revenue $1.12BQ3 2023 revenue $1.64BQ4 2023 revenue $991.57MQ1 2024 revenue $951.71MQ2 2024 revenue $1.31BQ3 2024 revenue $1.77BQ4 2024 revenue $1.10BQ1 2025 revenue $1.03BQ2 2025 revenue $1.36BQ3 2025 revenue $1.82BQ4 2025 revenue $1.13BQ1 2026 revenue $1.15B

PNW Earnings Results by Period

The last 12 reported periods for PNW, most recent first.

PeriodEPSRevenueNet incomeNet margin
Q1 2026$0.27$1.15B$32.92M+2.9%
Q4 2025$0.12$1.13B$15.40M+1.4%
Q3 2025$3.39$1.82B$413.21M+22.7%
Q2 2025$1.58$1.36B$192.56M+14.2%
Q1 2025$-0.04$1.03B$-4.64M-0.4%
Q4 2024$5.24$1.10B$608.81M+55.6%
Q3 2024$3.40$1.77B$394.97M+22.3%
Q2 2024$1.77$1.31B$203.81M+15.6%
Q1 2024$0.15$951.71M$16.86M+1.8%
Q4 2023$0.00$991.57M$501.56M+50.6%
Q3 2023$3.50$1.64B$398.21M+24.3%
Q2 2023$0.94$1.12B$106.66M+9.5%

Earnings vs Valuation & Market Positioning

Earnings set the base; the multiple and the statistical stretch of the price decide what you actually pay.

Market cap
$11.42B
Trailing P/E
17.84
Forward P/E
19.46
Gross margin
1H
-0.51
Statistically neutral
4H
-2.22
Statistically neutral
1D
-2.27
Statistically neutral

How This PNW Earnings Data Is Built

Quarterly EPS, revenue and net income are pulled from PNW's reported filings through live ZCoreAI market endpoints. Trailing twelve-month figures sum the last four reported quarters. Net margin per period is net income divided by revenue for that same period, and year-over-year comparisons use the quarter four periods back to avoid seasonality distortions.

Growth rates come from the same reported series rather than adjusted or non-GAAP management figures, so they can differ from headline numbers quoted in company presentations. Nothing on this page is investment advice.

PNW Earnings FAQ

What are PNW earnings per share?

PNW reported trailing twelve-month EPS of $5.21, the sum of the last four reported quarters divided across shares outstanding.

Are PNW earnings growing?

PNW EPS growth is -9.2%, on 7.1% revenue growth. Earnings growing faster than revenue means margins are expanding.

When does PNW report earnings?

PNW reports on a quarterly cycle. The table above shows the most recent reported periods; the next release typically follows roughly three months after the latest period shown.

How do PNW earnings affect the stock price?

Price equals earnings times the multiple. At a 17.84x P/E, every dollar of EPS added or lost is amplified by that multiple, which is why earnings surprises move the price far more than the size of the surprise alone.

Where does ZCoreAI get PNW earnings data?

Reported EPS, revenue, net income and margins come from live ZCoreAI market endpoints sourced from company filings, refreshed on every page load.

PNW financials

Income statement, margins, cash and debt for PNW.

PNW P/E ratio

Trailing and forward multiples, PEG and earnings yield for PNW.

PNW forecast

DCF fair value, price prediction and signal targets for PNW.

PNW overview

Live chart, fundamentals and valuation context for PNW.

PNW dividends

Payout history, yield and dividend growth for PNW.

Data refreshed from live ZCoreAI market endpoints. Informational only — not investment advice.