Net Assets for Pinnacle West Capital (PNW)
According to Pinnacle West Capital's latest reported financial statements, the company's latest reported net assets is $7.05B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingNet AssetsSwitch metric
Latest period
$7.05B
YoY change
+4.3%
5Y CAGR
+4.6%
Peak year (2025)
$7.05B
Latest annual
$7.05B
Net Assets history chart for Pinnacle West Capital (PNW) from 1994 to 2025
Net Assets history table for Pinnacle West Capital (PNW) from 1994 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY |
|---|---|---|---|---|
| 2025 | $7.05B | +4.3% | ||
| 2024 | $6.75B | +9.3% | ||
| 2023 | $6.18B | +2.1% | ||
| 2022 | $6.05B | +2.4% | ||
| 2021 | $5.91B | +4.8% | ||
| 2020 | $5.63B | +3.7% | ||
| 2019 | $5.43B | +4.0% | ||
| 2018 | $5.22B | +4.3% | ||
| 2017 | $5.01B | +4.2% | ||
| 2016 | $4.80B | +4.8% | ||
| 2015 | $4.58B | +5.0% | ||
| 2014 | $4.37B | +4.1% | ||
| 2013 | $4.19B | +5.6% | ||
| 2012 | $3.97B | +3.9% | ||
| 2011 | $3.82B | +3.8% | ||
| 2010 | $3.68B | +11.1% | ||
| 2009 | $3.32B | -3.8% | ||
| 2008 | $3.45B | -2.4% | ||
| 2007 | $3.53B | +2.5% | ||
| 2006 | $3.45B | +0.6% | ||
| 2005 | $3.42B | +16.1% | ||
| 2004 | $2.95B | +4.3% | ||
| 2003 | $2.83B | +5.3% | ||
| 2002 | $2.69B | +7.5% | ||
| 2001 | $2.50B | +4.9% | ||
| 2000 | $2.38B | +8.0% | ||
| 1999 | $2.21B | -2.3% | ||
| 1998 | $2.26B | +2.7% | ||
| 1997 | $2.20B | +0.4% | ||
| 1996 | $2.19B | +1.8% | ||
| 1995 | $2.15B | +5.1% | ||
| 1994 | $2.04B | — |
Net Assets values are taken from Pinnacle West Capital's reported balance sheets (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) net assets is $7.05B – edged up 4.3% year-over-year.
Through 2020–2025 (5 years), Pinnacle West Capital net assets delivered a +4.6% annualised rate; sustaining 16 straight years of year-over-year growth.
Across the available history, net assets reached its high of $7.05B in 2025 and its low of $2.04B in 1994.
Within Utilities, Pinnacle West Capital (PNW) ranks 9th among 8 peers we track. The peer median for net assets is $31.38B.
Pinnacle West Capital Net Assets by Year
Pinnacle West Capital Net Assets 2025: $7.05B
Pinnacle West Capital net assets in 2025 was $7.05B, edged up 4.3% from 2024. This figure represents the highest annual value in the available history.
Pinnacle West Capital Net Assets 2024: $6.75B
Pinnacle West Capital net assets in 2024 was $6.75B, grew 9.3% from 2023.
Pinnacle West Capital Net Assets 2023: $6.18B
Pinnacle West Capital net assets in 2023 was $6.18B, edged up 2.1% from 2022.
Pinnacle West Capital Net Assets 2022: $6.05B
Pinnacle West Capital net assets in 2022 was $6.05B, edged up 2.4% from 2021.
Pinnacle West Capital Net Assets 2021: $5.91B
Pinnacle West Capital net assets in 2021 was $5.91B.
See more financial history for Pinnacle West Capital (PNW).
Sector peers — Net Assets
Companies in the same sector as Pinnacle West Capital, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $54.61B | Utilities |
| Duke Energy Corporation (DUK) | $51.84B | Utilities |
| The Southern Company (SO) | $36.02B | Utilities |
| Sempra (SRE) | $31.61B | Utilities |
| American Electric Power Company, Inc. (AEP) | $31.14B | Utilities |
| Dominion Energy, Inc. (D) | $29.08B | Utilities |
| Constellation Energy Corporation (CEG) | $14.52B | Utilities |
| GE Vernova Inc. (GEV) | $11.18B | Utilities |
Frequently asked questions
What is Pinnacle West Capital's net assets?
- Latest reported net assets for Pinnacle West Capital (PNW) is $7.05B (period ending December 31, 2025).
How has Pinnacle West Capital net assets changed year-over-year?
- Pinnacle West Capital (PNW) net assets changed +4.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Pinnacle West Capital net assets?
- Pinnacle West Capital (PNW) net assets compound annual growth rate is +4.6% over the most recent 5 years available.
When did Pinnacle West Capital net assets hit its highest annual value?
- Pinnacle West Capital net assets reached its highest annual value of $7.05B in 2025.
What was Pinnacle West Capital net assets in 2024?
- Pinnacle West Capital (PNW) net assets in 2024 was $6.75B.
What was Pinnacle West Capital net assets in 2025?
- Pinnacle West Capital (PNW) net assets in 2025 was $7.05B.
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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