TTM
$2.22B
YoY change
-36.5%
5Y CAGR
-3.7%
Peak year (2006)
$2.15B
Cumulative gross profit
$67.45B
Gross Profit history chart for Pinnacle West Capital (PNW) from 1985 to 2025
Latest: $1.36B
Gross Profit growth chart for Pinnacle West Capital (PNW) from 1985 to 2025
Latest: -36.5%
Gross Profit history table for Pinnacle West Capital (PNW) from 1985 to 2025
| 2025 | $1.36B | -36.5% | −$780.52M | ||
| 2024 | $2.14B | +15.9% | +$292.58M | ||
| 2023 | $1.84B | +8.0% | +$136.64M | ||
| 2022 | $1.71B | +0.6% | +$10.75M | ||
| 2021 | $1.70B | +3.8% | +$62.56M | ||
| 2020 | $1.63B | +9.9% | +$147.30M | ||
| 2019 | $1.49B | -5.8% | −$91.03M | ||
| 2018 | $1.58B | -3.5% | −$56.50M | ||
| 2017 | $1.63B | +9.6% | +$143.41M | ||
| 2016 | $1.49B | -2.2% | −$34.29M | ||
| 2015 | $1.53B | +8.7% | +$121.99M | ||
| 2014 | $1.40B | -2.1% | −$30.41M | ||
| 2013 | $1.43B | +0.8% | +$11.95M | ||
| 2012 | $1.42B | +7.1% | +$94.62M | ||
| 2011 | $1.33B | +4.4% | +$55.43M | ||
| 2010 | $1.27B | -35.6% | −$702.84M | ||
| 2009 | $1.98B | +5.0% | +$94.27M | ||
| 2008 | $1.88B | -9.9% | −$207.69M | ||
| 2007 | $2.09B | -2.9% | −$62.00M | ||
| 2006 | $2.15B | +2.4% | +$50.74M | ||
| 2005 | $2.10B | +8.2% | +$158.82M | ||
| 2004 | $1.94B | +2.3% | +$44.28M | ||
| 2003 | $1.90B | +1.2% | +$23.27M | ||
| 2002 | $1.87B | -1.3% | −$25.57M | ||
| 2001 | $1.90B | +8.2% | +$143.53M | ||
| 2000 | $1.76B | +7.9% | +$128.14M | ||
| 1999 | $1.63B | +2.1% | +$34.15M | ||
| 1998 | $1.59B | +2.2% | +$34.60M | ||
| 1997 | $1.56B | +4.4% | +$66.20M | ||
| 1996 | $1.49B | +6.6% | +$92.30M | ||
| 1995 | $1.40B | +1.1% | +$15.20M | ||
| 1994 | $1.38B | -19.4% | −$333.70M | ||
| 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$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 (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 Gross Profit at Pinnacle West Capital (PNW)
According to Pinnacle West Capital's latest reported financial statements, the company's current gross profit (TTM) is $2.22B. 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 .
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.
Pinnacle West Capital Gross Profit by Year
Pinnacle West Capital Gross Profit 2025: $1.36B
In 2025, Pinnacle West Capital reported gross profit of $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
2023's gross profit for Pinnacle West Capital came in at $1.84B, grew 8.0% from 2022.
Pinnacle West Capital Gross Profit 2022: $1.71B
Pinnacle West Capital posted gross profit of $1.71B in 2022, 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 by Gross Profit
Utilities peers of Pinnacle West Capital (PNW), ranked by their latest gross profit
| $19.36B | |
| $17.25B | |
| $10.17B | |
| $8.81B | |
| $8.09B | |
| $7.54B | |
| $6.93B | |
| $4.00B |
- $19.36B
- $17.25B
- $10.17B
- $8.81B
- $8.09B
- $7.54B
- $4.00B
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