Gross Profit for Pinnacle West Capital (PNW)
According to Pinnacle West Capital's latest reported financial statements, the company's current gross profit (TTM) is $1.86B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$1.86B
YoY change
-36.5%
5Y CAGR
-3.7%
Peak year (2006)
$2.15B
Cumulative gross profit
$66.74B
Gross Profit history chart for Pinnacle West Capital (PNW) from 1985 to 2025
Gross Profit history table for Pinnacle West Capital (PNW) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $1.36B | -36.5% | ||
| 2024 | $2.14B | +15.9% | ||
| 2023 | $1.84B | +8.0% | ||
| 2022 | $1.71B | +0.6% | ||
| 2021 | $1.70B | +3.8% | ||
| 2020 | $1.63B | +9.9% | ||
| 2019 | $1.49B | -5.8% | ||
| 2018 | $1.58B | -3.5% | ||
| 2017 | $1.63B | +9.6% | ||
| 2016 | $1.49B | -2.2% | ||
| 2015 | $1.53B | +8.7% | ||
| 2014 | $1.40B | -2.1% | ||
| 2013 | $1.43B | +0.8% | ||
| 2012 | $1.42B | +7.1% | ||
| 2011 | $1.33B | +4.4% | ||
| 2010 | $1.27B | -35.6% | ||
| 2009 | $1.98B | +5.0% | ||
| 2008 | $1.88B | -9.9% | ||
| 2007 | $2.09B | -2.9% | ||
| 2006 | $2.15B | +2.4% | ||
| 2005 | $2.10B | +8.2% | ||
| 2004 | $1.94B | +2.3% | ||
| 2003 | $1.90B | +1.2% | ||
| 2002 | $1.87B | -1.3% | ||
| 2001 | $1.90B | +8.2% | ||
| 2000 | $1.76B | +7.9% | ||
| 1999 | $1.63B | +2.1% | ||
| 1998 | $1.59B | +2.2% | ||
| 1997 | $1.56B | +4.4% | ||
| 1996 | $1.49B | +6.6% | ||
| 1995 | $1.40B | +1.1% | ||
| 1994 | $1.38B | -19.4% | ||
| 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 | — |
Gross Profit 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
In 2025, Pinnacle West Capital (PNW) gross profit totalled $1.36B – plunged 36.5% year-over-year.
Over 2020–2025 (5 years), Pinnacle West Capital gross profit expanded at a -3.7% compound annual rate, with a net decline across the window.
Between 2006 and 2025, Pinnacle West Capital gross profit plunged 36.9%, falling from $2.15B to $1.36B.
The highest annual gross profit of $2.15B was reported in 2006. The lowest in the available history was $1.17B in 1985.
Among 8 Utilities peers, Pinnacle West Capital (PNW) ranks 9th; the peer median for gross profit is $8.45B.
Pinnacle West Capital Gross Profit by Year
Pinnacle West Capital Gross Profit 2025: $1.36B
Pinnacle West Capital gross profit in 2025 was $1.36B, plunged 36.5% below 2024.
Pinnacle West Capital Gross Profit 2024: $2.14B
Pinnacle West Capital gross profit in 2024 was $2.14B, grew 15.9% from 2023.
Pinnacle West Capital Gross Profit 2023: $1.84B
Pinnacle West Capital gross profit in 2023 was $1.84B, grew 8.0% from 2022.
Pinnacle West Capital Gross Profit 2022: $1.71B
Pinnacle West Capital gross profit in 2022 was $1.71B, edged up 0.6% from 2021.
Pinnacle West Capital Gross Profit 2021: $1.70B
Pinnacle West Capital gross profit in 2021 was $1.70B.
See more financial history for Pinnacle West Capital (PNW).
Sector peers — Gross Profit
Companies in the same sector as Pinnacle West Capital, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Constellation Energy Corporation (CEG) | $19.36B | Utilities |
| NextEra Energy, Inc. (NEE) | $17.25B | Utilities |
| Duke Energy Corporation (DUK) | $10.17B | Utilities |
| The Southern Company (SO) | $8.81B | Utilities |
| Dominion Energy, Inc. (D) | $8.09B | Utilities |
| GE Vernova Inc. (GEV) | $7.54B | Utilities |
| American Electric Power Company, Inc. (AEP) | $6.93B | Utilities |
| Sempra (SRE) | $4.00B | Utilities |
Frequently asked questions
What is Pinnacle West Capital's gross profit?
- Latest reported gross profit for Pinnacle West Capital (PNW) is $1.86B (period ending December 31, 2025).
How has Pinnacle West Capital gross profit changed year-over-year?
- Pinnacle West Capital (PNW) gross profit changed -36.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Pinnacle West Capital gross profit?
- Pinnacle West Capital (PNW) gross profit compound annual growth rate is -3.7% over the most recent 5 years available.
When did Pinnacle West Capital gross profit hit its highest annual value?
- Pinnacle West Capital gross profit reached its highest annual value of $2.15B in 2006.
What was Pinnacle West Capital gross profit in 2024?
- Pinnacle West Capital (PNW) gross profit in 2024 was $2.14B.
What was Pinnacle West Capital gross profit in 2025?
- Pinnacle West Capital (PNW) gross profit in 2025 was $1.36B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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PNW Overview
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