EBITDA for Pinnacle West Capital (PNW)
According to Pinnacle West Capital's latest reported financial statements, the company's current EBITDA (TTM) is $2.13B USD. 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 .
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$2.13B
YoY change
+2.9%
5Y CAGR
+6.4%
Peak year (2025)
$2.13B
Cumulative EBITDA
$55.71B
EBITDA history chart for Pinnacle West Capital (PNW) from 1985 to 2025
EBITDA history table for Pinnacle West Capital (PNW) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 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 (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
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.
Within Utilities, Pinnacle West Capital (PNW) ranks 9th among 8 peers we track. The peer median for EBITDA is $8.40B.
Pinnacle West Capital EBITDA by Year
Pinnacle West Capital EBITDA 2025: $2.13B
Pinnacle West Capital EBITDA in 2025 was $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
Pinnacle West Capital EBITDA in 2023 was $1.78B, grew 8.0% from 2022.
Pinnacle West Capital EBITDA 2022: $1.65B
Pinnacle West Capital EBITDA in 2022 was $1.65B, 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 — EBITDA
Companies in the same sector as Pinnacle West Capital, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $16.16B | Utilities |
| Duke Energy Corporation (DUK) | $15.67B | Utilities |
| The Southern Company (SO) | $14.33B | Utilities |
| American Electric Power Company, Inc. (AEP) | $8.79B | Utilities |
| Dominion Energy, Inc. (D) | $8.02B | Utilities |
| Sempra (SRE) | $6.87B | Utilities |
| Constellation Energy Corporation (CEG) | $5.01B | Utilities |
| GE Vernova Inc. (GEV) | $3.68B | Utilities |
Frequently asked questions
What is Pinnacle West Capital's EBITDA?
- Latest reported EBITDA for Pinnacle West Capital (PNW) is $2.13B (period ending December 31, 2025).
How has Pinnacle West Capital EBITDA changed year-over-year?
- Pinnacle West Capital (PNW) EBITDA changed +2.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Pinnacle West Capital EBITDA?
- Pinnacle West Capital (PNW) EBITDA compound annual growth rate is +6.4% over the most recent 5 years available.
When did Pinnacle West Capital EBITDA hit its highest annual value?
- Pinnacle West Capital EBITDA reached its highest annual value of $2.13B in 2025.
What was Pinnacle West Capital EBITDA in 2024?
- Pinnacle West Capital (PNW) EBITDA in 2024 was $2.07B.
What was Pinnacle West Capital EBITDA in 2025?
- Pinnacle West Capital (PNW) EBITDA in 2025 was $2.13B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
PNW Overview
Company profile, financial tools, and key metrics
PNW Revenue Counter
Earns $169.33 every second. See per minute, hour, and day.
PNW Earnings Counter
Earns $19.55 per second net profit. See per minute, hour, and day.
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Exceeds Eswatini's GDP. Compare with world economies.
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PNW Daily Price Character
Steady · 45.0% historical win rate (green days). Streaks & record days.
PNW Buybacks
0.12% TTM buyback yield. Shareholder yield & SBC comparison.
PNW Stock Split History
1 split on record. Dates, ratios, and cumulative multiple.
PNW Dividend Profile
Yield: 3.55%. Safety: 3/8. See full history.
PNW Dividend Calculator
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PNW Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.