Shares Outstanding for Pinnacle West Capital (PNW)
According to Pinnacle West Capital's latest reported financial statements, the company's latest reported diluted shares outstanding is 121.97M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingShares OutstandingSwitch metric
Latest period
121.97M
YoY change
+4.9%
5Y CAGR
+1.6%
Peak year (2025)
121.97M
Latest annual
121.97M
Shares Outstanding history chart for Pinnacle West Capital (PNW) from 1985 to 2025
Shares Outstanding history table for Pinnacle West Capital (PNW) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 121.97M | +4.9% | ||
| 2024 | 116.23M | +2.1% | ||
| 2023 | 113.80M | +0.3% | ||
| 2022 | 113.42M | +0.2% | ||
| 2021 | 113.19M | +0.2% | ||
| 2020 | 112.94M | +0.2% | ||
| 2019 | 112.76M | +0.2% | ||
| 2018 | 112.55M | +0.2% | ||
| 2017 | 112.37M | +0.3% | ||
| 2016 | 112.05M | +0.4% | ||
| 2015 | 111.55M | +0.3% | ||
| 2014 | 111.18M | +0.3% | ||
| 2013 | 110.81M | +0.3% | ||
| 2012 | 110.53M | +0.6% | ||
| 2011 | 109.86M | +2.5% | ||
| 2010 | 107.14M | +5.8% | ||
| 2009 | 101.26M | +0.3% | ||
| 2008 | 100.97M | +0.1% | ||
| 2007 | 100.83M | +0.8% | ||
| 2006 | 100.01M | +3.3% | ||
| 2005 | 96.85M | +5.9% | ||
| 2004 | 91.43M | +0.0% | ||
| 2003 | 91.41M | +7.6% | ||
| 2002 | 84.96M | +0.2% | ||
| 2001 | 84.83M | -0.1% | ||
| 2000 | 84.94M | -0.1% | ||
| 1999 | 85.01M | -0.4% | ||
| 1998 | 85.35M | -0.9% | ||
| 1997 | 86.09M | -2.2% | ||
| 1996 | 88.01M | +0.7% | ||
| 1995 | 87.42M | +0.0% | ||
| 1994 | 87.41M | -0.3% | ||
| 1993 | 87.64M | +0.9% | ||
| 1992 | 86.89M | +0.0% | ||
| 1991 | 86.88M | +0.0% | ||
| 1990 | 86.88M | +0.2% | ||
| 1989 | 86.70M | +3.2% | ||
| 1988 | 84.00M | +14.5% | ||
| 1987 | 73.33M | -4.8% | ||
| 1986 | 77.04M | +27.1% | ||
| 1985 | 60.59M | — |
Shares Outstanding 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
As of the 2025 fiscal year, Pinnacle West Capital (PNW) reported diluted shares outstanding of 121.97M – edged up 4.9% year-over-year.
Over 2020–2025 (5 years), Pinnacle West Capital diluted shares outstanding expanded at a +1.6% compound annual rate, sustaining 24 straight years of year-over-year growth.
The highest annual diluted shares outstanding of 121.97M was reported in 2025. The lowest in the available history was 60.59M in 1985.
Among 8 Utilities peers, Pinnacle West Capital (PNW) ranks 9th; the peer median for diluted shares outstanding is 714.85M.
Pinnacle West Capital Shares Outstanding by Year
Pinnacle West Capital Shares Outstanding 2025: 121.97M
Pinnacle West Capital diluted shares outstanding in 2025 was 121.97M, edged up 4.9% from 2024. This figure represents the highest annual value in the available history.
Pinnacle West Capital Shares Outstanding 2024: 116.23M
Pinnacle West Capital diluted shares outstanding in 2024 was 116.23M, edged up 2.1% from 2023.
Pinnacle West Capital Shares Outstanding 2023: 113.80M
Pinnacle West Capital diluted shares outstanding in 2023 was 113.80M, edged up 0.3% from 2022.
Pinnacle West Capital Shares Outstanding 2022: 113.42M
Pinnacle West Capital diluted shares outstanding in 2022 was 113.42M, edged up 0.2% from 2021.
Pinnacle West Capital Shares Outstanding 2021: 113.19M
Pinnacle West Capital diluted shares outstanding in 2021 was 113.19M.
See more financial history for Pinnacle West Capital (PNW).
Sector peers — Shares Outstanding
Companies in the same sector as Pinnacle West Capital, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | 2.09B | Utilities |
| The Southern Company (SO) | 1.11B | Utilities |
| Dominion Energy, Inc. (D) | 855.30M | Utilities |
| Duke Energy Corporation (DUK) | 777.00M | Utilities |
| Sempra (SRE) | 652.70M | Utilities |
| American Electric Power Company, Inc. (AEP) | 520.21M | Utilities |
| Constellation Energy Corporation (CEG) | 314.00M | Utilities |
| GE Vernova Inc. (GEV) | 276.00M | Utilities |
Frequently asked questions
What is Pinnacle West Capital's diluted shares outstanding?
- Latest reported diluted shares outstanding for Pinnacle West Capital (PNW) is 121.97M (period ending December 31, 2025).
How has Pinnacle West Capital diluted shares outstanding changed year-over-year?
- Pinnacle West Capital (PNW) diluted shares outstanding changed +4.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Pinnacle West Capital diluted shares outstanding?
- Pinnacle West Capital (PNW) diluted shares outstanding compound annual growth rate is +1.6% over the most recent 5 years available.
When did Pinnacle West Capital diluted shares outstanding hit its highest annual value?
- Pinnacle West Capital diluted shares outstanding reached its highest annual value of 121.97M in 2025.
What was Pinnacle West Capital diluted shares outstanding in 2024?
- Pinnacle West Capital (PNW) diluted shares outstanding in 2024 was 116.23M.
What was Pinnacle West Capital diluted shares outstanding in 2025?
- Pinnacle West Capital (PNW) diluted shares outstanding in 2025 was 121.97M.
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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