TTM
$2.18B
YoY change
+2.9%
5Y CAGR
+6.4%
Peak year (2025)
$2.13B
Cumulative EBITDA
$56.10B
EBITDA history chart for Pinnacle West Capital (PNW) from 1985 to 2025
Latest: $2.13B
EBITDA growth chart for Pinnacle West Capital (PNW) from 1985 to 2025
Latest: +2.9%
EBITDA history table for Pinnacle West Capital (PNW) from 1985 to 2025
| 2025 | $2.13B | +2.9% | +$59.74M | ||
| 2024 | $2.07B | +16.2% | +$289.06M | ||
| 2023 | $1.78B | +8.0% | +$132.15M | ||
| 2022 | $1.65B | -2.9% | −$49.43M | ||
| 2021 | $1.70B | +8.6% | +$134.98M | ||
| 2020 | $1.56B | +9.9% | +$140.55M | ||
| 2019 | $1.42B | -7.2% | −$110.78M | ||
| 2018 | $1.53B | -2.6% | −$40.85M | ||
| 2017 | $1.57B | +8.7% | +$125.83M | ||
| 2016 | $1.45B | +0.3% | +$4.42M | ||
| 2015 | $1.44B | +8.9% | +$117.90M | ||
| 2014 | $1.33B | -1.7% | −$23.52M | ||
| 2013 | $1.35B | +0.9% | +$12.69M | ||
| 2012 | $1.34B | +6.4% | +$80.56M | ||
| 2011 | $1.26B | +4.2% | +$50.44M | ||
| 2010 | $1.21B | +12.4% | +$133.37M | ||
| 2009 | $1.07B | +15.5% | +$143.82M | ||
| 2008 | $929.03M | -9.2% | −$94.11M | ||
| 2007 | $1.02B | -19.5% | −$247.82M | ||
| 2006 | $1.27B | +41.7% | +$374.07M | ||
| 2005 | $896.89M | -5.6% | −$53.23M | ||
| 2004 | $950.13M | +1.4% | +$12.98M | ||
| 2003 | $937.15M | -6.8% | −$68.86M | ||
| 2002 | $1.01B | -11.2% | −$126.28M | ||
| 2001 | $1.13B | +2.9% | +$31.82M | ||
| 2000 | $1.10B | +10.5% | +$104.71M | ||
| 1999 | $995.75M | +1.6% | +$15.95M | ||
| 1998 | $979.80M | -50.9% | −$1.02B | ||
| 1997 | $2.00B | +9.7% | +$177.20M | ||
| 1996 | $1.82B | +116.7% | +$979.00M | ||
| 1995 | $838.80M | +4.1% | +$33.20M | ||
| 1994 | $805.60M | -53.1% | −$912.90M | ||
| 1993 | $1.72B | +1.7% | +$28.90M | ||
| 1992 | $1.69B | +14.6% | +$215.00M | ||
| 1991 | $1.47B | -7.6% | −$122.00M | ||
| 1990 | $1.60B | +5.9% | +$88.70M | ||
| 1989 | $1.51B | +4.6% | +$65.90M | ||
| 1988 | $1.44B | +9.8% | +$128.60M | ||
| 1987 | $1.31B | +5.1% | +$63.50M | ||
| 1986 | $1.25B | +6.4% | +$75.40M | ||
| 1985 | $1.17B | — | — |
- 2025$2.13B+2.9%
- 2024$2.07B+16.2%
- 2023$1.78B+8.0%
- 2022$1.65B-2.9%
- 2021$1.70B+8.6%
- 2020$1.56B+9.9%
- 2019$1.42B-7.2%
- 2018$1.53B-2.6%
- 2017$1.57B+8.7%
- 2016$1.45B+0.3%
- 2015$1.44B+8.9%
- 2014$1.33B-1.7%
- 2013$1.35B+0.9%
- 2012$1.34B+6.4%
- 2011$1.26B+4.2%
- 2010$1.21B+12.4%
- 2009$1.07B+15.5%
- 2008$929.03M-9.2%
- 2007$1.02B-19.5%
- 2006$1.27B+41.7%
- 2005$896.89M-5.6%
- 2004$950.13M+1.4%
- 2003$937.15M-6.8%
- 2002$1.01B-11.2%
- 2001$1.13B+2.9%
- 2000$1.10B+10.5%
- 1999$995.75M+1.6%
- 1998$979.80M-50.9%
- 1997$2.00B+9.7%
- 1996$1.82B+116.7%
- 1995$838.80M+4.1%
- 1994$805.60M-53.1%
- 1993$1.72B+1.7%
- 1992$1.69B+14.6%
- 1991$1.47B-7.6%
- 1990$1.60B+5.9%
- 1989$1.51B+4.6%
- 1988$1.44B+9.8%
- 1987$1.31B+5.1%
- 1986$1.25B+6.4%
- 1985$1.17B—
EBITDA values are taken from Pinnacle West Capital's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Pinnacle West Capital (PNW)
According to Pinnacle West Capital's latest reported financial statements, the company's current EBITDA (TTM) is $2.18B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Pinnacle West Capital (PNW) EBITDA is $2.13B – edged up 2.9% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Pinnacle West Capital EBITDA compounded at +6.4% per year, sustaining 3 straight years of year-over-year growth.
$2.13B stands as the all-time-high annual EBITDA, posted in 2025, against a low of $805.60M during 1994.
Pinnacle West Capital EBITDA by Year
Pinnacle West Capital EBITDA 2025: $2.13B
In 2025, Pinnacle West Capital reported EBITDA of $2.13B, edged up 2.9% from 2024. This figure represents the highest annual value in the available history.
Pinnacle West Capital EBITDA 2024: $2.07B
Pinnacle West Capital EBITDA in 2024 was $2.07B, grew 16.2% from 2023.
Pinnacle West Capital EBITDA 2023: $1.78B
2023's EBITDA for Pinnacle West Capital came in at $1.78B, grew 8.0% from 2022.
Pinnacle West Capital EBITDA 2022: $1.65B
Pinnacle West Capital posted EBITDA of $1.65B in 2022, edged down 2.9% below 2021.
Pinnacle West Capital EBITDA 2021: $1.70B
Pinnacle West Capital EBITDA in 2021 was $1.70B.
See more financial history for Pinnacle West Capital (PNW).
Sector peers by EBITDA
Utilities peers of Pinnacle West Capital (PNW), ranked by their latest EBITDA
| $16.16B | |
| $15.67B | |
| $14.33B | |
| $9.34B | |
| $8.02B | |
| $6.87B | |
| $5.01B | |
| $3.68B |
- $16.16B
- $15.67B
- $14.33B
- $8.02B
- $6.87B
- $3.68B
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