Pinnacle West Capital (PNW) Stock Buyback History
TTM buyback yield 0.11% · Shareholder yield (TTM) 0.11%.
TTM buyback yield
0.11%
Shareholder yield (TTM)
0.11%
5Y share count change
8.0%
TTM buyback spend
$13.80M
SBC coverage (TTM)
1.67x
YoY change in spend
N/A
5Y CAGR of spend
-100.0%
Peak year (1997)
$127.20M
Cumulative spend
$628.92M
TTM metrics calculated from the four most recent reported quarters, ending (reported ).
Key takeaways
- Pinnacle West Capital (PNW) repurchased about $13.80M of stock over the trailing twelve months.
- Diluted share count is up 8.0% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- TTM buyback ÷ stock-based-comp ratio of 1.67× — repurchases more than cover SBC dilution.
- Cash buyback spend has compounded at -100.0% per year over the latest 5-year window.
Buyback context per fiscal year
Annual repurchases alongside stock-based compensation, diluted share count and the year-over-year change — useful for SBC-coverage and dilution-offset reading at a glance.
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | 0.12B | 4.9% | — |
| 2024 | $0.00 | $23.53M | −$23.53M | 0.12B | 2.1% | — |
| 2023 | $4.09M | $17.34M | −$13.25M | 0.11B | 0.3% | 0.05% |
| 2022 | $2.65M | $15.94M | −$13.29M | 0.11B | 0.2% | 0.03% |
| 2021 | $2.35M | $18.46M | −$16.11M | 0.11B | 0.2% | 0.03% |
| 2020 | $1.39M | $18.29M | −$16.90M | 0.11B | 0.2% | 0.02% |
| 2019 | $692.00K | $18.38M | −$17.68M | 0.11B | 0.2% | 0.01% |
| 2018 | $5.05M | $19.55M | −$14.49M | 0.11B | 0.2% | 0.05% |
| 2017 | $13.39M | $20.50M | −$7.11M | 0.11B | 0.3% | 0.14% |
| 2016 | $4.87M | $18.88M | −$14.02M | 0.11B | 0.4% | 0.06% |
| 2015 | $0.00 | $18.76M | −$18.76M | 0.11B | 0.3% | — |
| 2014 | $0.00 | $33.06M | −$33.06M | 0.11B | 0.3% | — |
| 2013 | $0.00 | $25.00M | −$25.00M | 0.11B | 0.3% | — |
| 2012 | $0.00 | $32.00M | −$32.00M | 0.11B | 0.6% | — |
| 2011 | $0.00 | $0.00 | $0.00 | 0.11B | 2.5% | — |
| 2010 | $0.00 | $0.00 | $0.00 | 0.11B | 5.8% | — |
| 2009 | $0.00 | $0.00 | $0.00 | 0.10B | 0.3% | — |
| 2008 | $0.00 | $0.00 | $0.00 | 0.10B | 0.1% | — |
| 2007 | $0.00 | $0.00 | $0.00 | 0.10B | 0.8% | — |
| 2006 | $0.00 | $0.00 | $0.00 | 0.10B | 3.3% | — |
| 2005 | $0.00 | $0.00 | $0.00 | 0.10B | 5.9% | — |
| 2004 | $0.00 | $0.00 | $0.00 | 0.09B | 0.0% | — |
| 2003 | $0.00 | $0.00 | $0.00 | 0.09B | 7.6% | — |
| 2002 | $0.00 | $0.00 | $0.00 | 0.08B | 0.2% | — |
| 2001 | $0.00 | $0.00 | $0.00 | 0.08B | -0.1% | — |
| 2000 | $120.73M | $0.00 | $120.73M | 0.08B | -0.1% | — |
| 1999 | $96.50M | $0.00 | $96.50M | 0.09B | -0.4% | — |
| 1998 | $75.50M | $0.00 | $75.50M | 0.09B | -0.9% | — |
| 1997 | $127.20M | $0.00 | $127.20M | 0.09B | -2.2% | — |
| 1996 | $50.40M | $0.00 | $50.40M | 0.09B | — | — |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1994 | $124.10M | $0.00 | $124.10M | — | — | — |
Cash buyback spend (USD) — annual & quarterly history
Trailing-twelve-month and per-period cash repurchases for Pinnacle West Capital (PNW) from the consolidated cash flow statement (line: common stock repurchased), in USD as filed.
Cash buyback spend over time for Pinnacle West Capital (PNW)
Per-period cash repurchases
Cash buyback spend annual + quarterly history for Pinnacle West Capital (PNW)
| Fiscal year | Period ended | Reported | Buyback Spend | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $0 | — | $0 | ||
| 2024 | $0 | -100.0% | -$4.09M | ||
| 2023 | $4.09M | +54.3% | +$1.44M | ||
| 2022 | $2.65M | +12.9% | +$303,000 | ||
| 2021 | $2.35M | +69.2% | +$961,000 | ||
| 2020 | $1.39M | +100.7% | +$697,000 | ||
| 2019 | $692,000 | -86.3% | -$4.36M | ||
| 2018 | $5.05M | -62.2% | -$8.34M | ||
| 2017 | $13.39M | +175.1% | +$8.52M | ||
| 2016 | $4.87M | — | +$4.87M | ||
| 2015 | $0 | — | $0 | ||
| 2014 | $0 | — | $0 | ||
| 2013 | $0 | — | $0 | ||
| 2012 | $0 | — | $0 | ||
| 2011 | $0 | — | $0 | ||
| 2010 | $0 | — | $0 | ||
| 2009 | $0 | — | $0 | ||
| 2008 | $0 | — | $0 | ||
| 2007 | $0 | — | $0 | ||
| 2006 | $0 | — | $0 | ||
| 2005 | $0 | — | $0 | ||
| 2004 | $0 | — | $0 | ||
| 2003 | $0 | — | $0 | ||
| 2002 | $0 | — | $0 | ||
| 2001 | $0 | -100.0% | -$120.73M | ||
| 2000 | $120.73M | +25.1% | +$24.23M | ||
| 1999 | $96.50M | +27.8% | +$21.00M | ||
| 1998 | $75.50M | -40.6% | -$51.70M | ||
| 1997 | $127.20M | +152.4% | +$76.80M | ||
| 1996 | $50.40M | — | +$50.40M | ||
| 1995 | $0 | -100.0% | -$124.10M | ||
| 1994 | $124.10M | — | — |
2025's annual buyback spend for Pinnacle West Capital (PNW) came in at $0.
Pinnacle West Capital buyback spend compound annual growth for the 2020–2025 (5 years) window is -100.0%, with a net decline across the window.
Pinnacle West Capital buyback spend peaked at $127.20M in 1997; the latest annual figure is $0 in 2025 (100.0% below peak).
Across the available history, buyback spend reached its high of $127.20M in 1997 and its low of $0 in 1995.
Pinnacle West Capital (PNW) sits 4th of 8 Utilities peers we track on this metric, against a peer median of $0.
Pinnacle West Capital Buyback Spend 2025: $0
Pinnacle West Capital buyback spend in 2025 was $0.
Pinnacle West Capital Buyback Spend 2024: $0
Pinnacle West Capital buyback spend in 2024 was $0, plunged 100.0% below 2023.
Pinnacle West Capital Buyback Spend 2023: $4.09M
Pinnacle West Capital buyback spend in 2023 was $4.09M, surged 54.3% from 2022.
Pinnacle West Capital Buyback Spend 2022: $2.65M
Pinnacle West Capital buyback spend in 2022 was $2.65M, grew 12.9% from 2021.
Pinnacle West Capital Buyback Spend 2021: $2.35M
Pinnacle West Capital buyback spend in 2021 was $2.35M.
See more financial history for Pinnacle West Capital (PNW).
Sector peers by buyback spend
Companies in the same sector as Pinnacle West Capital, ranked by their latest buyback spend.
| Company | Buyback Spend | Sector |
|---|---|---|
| GE Vernova (GEV) | $3.32B | Utilities |
| Sempra (SRE) | $958.00M | Utilities |
| Constellation Energy (CEG) | $400.00M | Utilities |
| NextEra Energy (NEE) | $0 | Utilities |
| Southern Company (SO) | $0 | Utilities |
| Duke Energy (DUK) | $0 | Utilities |
| American Electric Power Company (AEP) | $0 | Utilities |
| Dominion Energy (D) | $0 | Utilities |
Share count history
Diluted weighted-average shares drive the EPS denominator and per-share capital-return maths. A falling diluted share count means buybacks are outpacing dilution from stock-based compensation and option exercises.
Diluted vs basic shares (annual)
Year-over-year change in diluted shares
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield over time
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Buybacks vs stock-based compensation
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 1.67×.
Capital allocation mix
How Pinnacle West Capital splits cash returned to shareholders between dividends and buybacks, plus the headroom on free cash flow that's still available for additional repurchases.
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $0.00 (TTM FCF − TTM dividends, clamped at zero).
Data & methodology
Where do buyback, dividend and compensation figures come from?
Cash buyback spend (common stock repurchased), dividends paid and stock-based compensation come from Pinnacle West Capital's consolidated cash flow statements — quarterly 10-Q and annual 10-K SEC filings, in USD as reported.
How are diluted shares and yields calculated?
Diluted weighted-average share counts come from the income statement (EPS denominator). Trailing twelve-month (TTM) aggregates sum the four most recent reported quarters. Buyback and dividend yields divide TTM cash flows by market capitalisation at the latest quarter-end.
How is buyback capacity defined?
Capacity compares TTM repurchases to free cash flow after dividends: operating cash flow minus capital expenditure, minus dividends paid, versus actual buybacks over the same trailing window.
Is this investment advice?
No. Figures are for informational and educational use only. Past buybacks and dividends do not predict future returns.
Frequently asked questions
Does Pinnacle West Capital buy back its own stock?
Yes, Pinnacle West Capital (PNW) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Pinnacle West Capital spend on share buybacks?
Trailing twelve months (TTM) buyback spend is about $13.80M (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Pinnacle West Capital's buyback yield?
TTM buyback yield is about 0.11% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Pinnacle West Capital's shareholder yield?
Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 0.11% combined (TTM-based where available).
Is Pinnacle West Capital diluting shareholders?
Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Pinnacle West Capital's share count changed?
Diluted weighted average shares changed by about 8.0% over roughly five fiscal years (annual income statement data).
What is Pinnacle West Capital's buyback spend?
Latest reported buyback spend for Pinnacle West Capital (PNW) is $13.80M (period ending March 31, 2026).
What is the long-term growth rate of Pinnacle West Capital buyback spend?
Pinnacle West Capital (PNW) buyback spend compound annual growth rate is -100.0% over the most recent 5 years available.
When did Pinnacle West Capital buyback spend hit its highest annual value?
Pinnacle West Capital buyback spend reached its highest annual value of $127.20M in 1997.
What was Pinnacle West Capital buyback spend in 2024?
Pinnacle West Capital (PNW) buyback spend in 2024 was $0.
What was Pinnacle West Capital buyback spend in 2025?
Pinnacle West Capital (PNW) buyback spend in 2025 was $0.
Explore more
PNW Overview
Company profile, financial tools, and key metrics
PNW Revenue Counter
Earns $173.05 every second. See per minute, hour, and day.
PNW Earnings Counter
Earns $20.74 per second net profit. See per minute, hour, and day.
PNW Economic Scale
Exceeds Eswatini's GDP. Compare with world economies.
PNW What If Invested
What if you had invested $1,000? See historical returns from any date.
PNW How It Makes Money
Discover visual breakdown of $5.46B in revenue — where it comes from and where it goes.
PNW Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
PNW Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
PNW Daily Price Character
Steady · 45.0% historical win rate (green days). Streaks & record days.
PNW Stock Split History
1 split on record. Dates, ratios, and cumulative multiple.
PNW Dividend Profile
Yield: 3.56%. Safety: 3/8. See full history.
PNW Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
PNW Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.
PNW Dividend Capture
Historical pre-ex touch stats, gap distribution, after-tax calculator, and a backtest simulator (limit-order vs MOC exit).
PNW Financials
Revenue, EPS, EBITDA, market cap, debt and balance sheet history with annual and quarterly data.