TTM
$654.10M
YoY change
+1.3%
5Y CAGR
+2.3%
Peak year (2021)
$618.72M
Cumulative net income
$11.78B
Net Income history chart for Pinnacle West Capital (PNW) from 1985 to 2025
Latest: $616.53M
Net Income growth chart for Pinnacle West Capital (PNW) from 1985 to 2025
Latest: +1.3%
Net Income history table for Pinnacle West Capital (PNW) from 1985 to 2025
| 2025 | $616.53M | +1.3% | +$7.72M | ||
| 2024 | $608.81M | +21.4% | +$107.25M | ||
| 2023 | $501.56M | +3.7% | +$17.95M | ||
| 2022 | $483.60M | -21.8% | −$135.12M | ||
| 2021 | $618.72M | +12.4% | +$68.16M | ||
| 2020 | $550.56M | +2.3% | +$12.24M | ||
| 2019 | $538.32M | +5.3% | +$27.27M | ||
| 2018 | $511.05M | +4.6% | +$22.59M | ||
| 2017 | $488.46M | +10.5% | +$46.42M | ||
| 2016 | $442.03M | +1.1% | +$4.78M | ||
| 2015 | $437.26M | +10.0% | +$39.66M | ||
| 2014 | $397.60M | -2.1% | −$8.48M | ||
| 2013 | $406.07M | +6.4% | +$24.53M | ||
| 2012 | $381.54M | +12.4% | +$42.07M | ||
| 2011 | $339.47M | -3.0% | −$10.58M | ||
| 2010 | $350.05M | +412.3% | +$281.72M | ||
| 2009 | $68.33M | -71.8% | −$173.79M | ||
| 2008 | $242.13M | -21.2% | −$65.02M | ||
| 2007 | $307.14M | -6.1% | −$20.11M | ||
| 2006 | $327.25M | +85.7% | +$150.99M | ||
| 2005 | $176.27M | -27.5% | −$66.93M | ||
| 2004 | $243.19M | +1.1% | +$2.62M | ||
| 2003 | $240.58M | +61.0% | +$91.17M | ||
| 2002 | $149.41M | -52.1% | −$162.76M | ||
| 2001 | $312.17M | +3.3% | +$9.83M | ||
| 2000 | $302.33M | +80.1% | +$134.43M | ||
| 1999 | $167.90M | -30.9% | −$75.00M | ||
| 1998 | $242.90M | +3.0% | +$7.00M | ||
| 1997 | $235.90M | +30.1% | +$54.60M | ||
| 1996 | $181.30M | -3.6% | −$6.70M | ||
| 1995 | $188.00M | -6.3% | −$12.60M | ||
| 1994 | $200.60M | +6.0% | +$11.30M | ||
| 1993 | $189.30M | +21.0% | +$32.90M | ||
| 1992 | $156.40M | -183.7% | +$343.20M | ||
| 1991 | −$186.80M | -292.0% | −$284.10M | ||
| 1990 | $97.30M | -117.6% | +$648.70M | ||
| 1989 | −$551.40M | -13228.6% | −$555.60M | ||
| 1988 | $4.20M | -98.4% | −$264.20M | ||
| 1987 | $268.40M | +14.6% | +$34.20M | ||
| 1986 | $234.20M | -16.2% | −$45.30M | ||
| 1985 | $279.50M | — | — |
- 2025$616.53M+1.3%
- 2024$608.81M+21.4%
- 2023$501.56M+3.7%
- 2022$483.60M-21.8%
- 2021$618.72M+12.4%
- 2020$550.56M+2.3%
- 2019$538.32M+5.3%
- 2018$511.05M+4.6%
- 2017$488.46M+10.5%
- 2016$442.03M+1.1%
- 2015$437.26M+10.0%
- 2014$397.60M-2.1%
- 2013$406.07M+6.4%
- 2012$381.54M+12.4%
- 2011$339.47M-3.0%
- 2010$350.05M+412.3%
- 2009$68.33M-71.8%
- 2008$242.13M-21.2%
- 2007$307.14M-6.1%
- 2006$327.25M+85.7%
- 2005$176.27M-27.5%
- 2004$243.19M+1.1%
- 2003$240.58M+61.0%
- 2002$149.41M-52.1%
- 2001$312.17M+3.3%
- 2000$302.33M+80.1%
- 1999$167.90M-30.9%
- 1998$242.90M+3.0%
- 1997$235.90M+30.1%
- 1996$181.30M-3.6%
- 1995$188.00M-6.3%
- 1994$200.60M+6.0%
- 1993$189.30M+21.0%
- 1992$156.40M-183.7%
- 1991−$186.80M-292.0%
- 1990$97.30M-117.6%
- 1989−$551.40M-13228.6%
- 1988$4.20M-98.4%
- 1987$268.40M+14.6%
- 1986$234.20M-16.2%
- 1985$279.50M—
Net Income 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 Net Income at Pinnacle West Capital (PNW)
According to Pinnacle West Capital's latest reported financial statements, the company's current net income (TTM) is $654.10M. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
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) net income totalled $616.53M – edged up 1.3% year-over-year.
Through 2020–2025 (5 years), Pinnacle West Capital net income delivered a +2.3% annualised rate; sustaining 3 straight years of year-over-year growth.
The record annual net income stands at $618.72M, reached in 2021; the historical low of −$551.40M was recorded in 1989.
Pinnacle West Capital Net Income by Year
Pinnacle West Capital Net Income 2025: $616.53M
In 2025, Pinnacle West Capital reported net income of $616.53M, edged up 1.3% from 2024.
Pinnacle West Capital Net Income 2024: $608.81M
Pinnacle West Capital net income in 2024 was $608.81M, grew 21.4% from 2023.
Pinnacle West Capital Net Income 2023: $501.56M
2023's net income for Pinnacle West Capital came in at $501.56M, edged up 3.7% from 2022.
Pinnacle West Capital Net Income 2022: $483.60M
Pinnacle West Capital posted net income of $483.60M in 2022, declined 21.8% below 2021.
Pinnacle West Capital Net Income 2021: $618.72M
Pinnacle West Capital net income in 2021 was $618.72M.
See more financial history for Pinnacle West Capital (PNW).
Sector peers by Net Income
Utilities peers of Pinnacle West Capital (PNW), ranked by their latest net income
| $6.83B | |
| $4.97B | |
| $4.88B | |
| $4.34B | |
| $3.58B | |
| $3.00B | |
| $2.32B | |
| $1.84B |
- $6.83B
- $4.97B
- $4.88B
- $4.34B
- $3.00B
- $1.84B
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