Ticker League

Latest period

$15.14B

YoY change

+61.5%

5Y CAGR

+20.9%

Peak year (2025)

$17.85B

Total Debt history chart for Pinnacle West Capital (PNW) from 1994 to 2025

Latest: $17.85B

Total Debt growth chart for Pinnacle West Capital (PNW) from 1994 to 2025

Latest: +61.5%

Total Debt history table for Pinnacle West Capital (PNW) from 1994 to 2025

  • 2025$17.85B+61.5%
  • 2024$11.05B+7.2%
  • 2023$10.30B+16.1%
  • 2022$8.88B+8.5%
  • 2021$8.18B+18.3%
  • 2020$6.92B+19.1%
  • 2019$5.81B+11.5%
  • 2018$5.21B+5.0%
  • 2017$4.97B+14.9%
  • 2016$4.32B+13.2%
  • 2015$3.82B+7.2%
  • 2014$3.56B+2.1%
  • 2013$3.49B+2.2%
  • 2012$3.41B-2.4%
  • 2011$3.50B-2.8%
  • 2010$3.60B-5.4%
  • 2009$3.80B-2.0%
  • 2008$3.88B+6.8%
  • 2007$3.63B+11.1%
  • 2006$3.27B+8.7%
  • 2005$3.01B-8.1%
  • 2004$3.27B-4.0%
  • 2003$3.41B+4.4%
  • 2002$3.26B+1.9%
  • 2001$3.20B+28.1%
  • 2000$2.50B+6.0%
  • 1999$2.36B-1.5%
  • 1998$2.40B-3.5%
  • 1997$2.48B-2.4%
  • 1996$2.55B-5.6%
  • 1995$2.70B-3.6%
  • 1994$2.80B

Total Debt values are taken from Pinnacle West Capital's reported balance sheets (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 Total Debt at Pinnacle West Capital (PNW)

According to Pinnacle West Capital's latest reported financial statements, the company's latest reported total debt is $15.14B. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, Pinnacle West Capital (PNW) reported total debt of $17.85B – surged 61.5% year-over-year.

Pinnacle West Capital total debt has grown on net over the period, with a +20.9% compound annual growth rate over 2020–2025 (5 years).

Across the available history, total debt reached its high of $17.85B in 2025 and its low of $2.36B in 1999.

Pinnacle West Capital Total Debt by Year

Pinnacle West Capital Total Debt 2025: $17.85B

Pinnacle West Capital total debt in 2025 was $17.85B, surged 61.5% from 2024. This figure represents the highest annual value in the available history.

Pinnacle West Capital Total Debt 2024: $11.05B

2024's total debt for Pinnacle West Capital came in at $11.05B, grew 7.2% from 2023.

Pinnacle West Capital Total Debt 2023: $10.30B

Pinnacle West Capital posted total debt of $10.30B in 2023, grew 16.1% from 2022.

Pinnacle West Capital Total Debt 2022: $8.88B

In 2022, Pinnacle West Capital reported total debt of $8.88B, grew 8.5% from 2021.

Pinnacle West Capital Total Debt 2021: $8.18B

Pinnacle West Capital total debt in 2021 was $8.18B.

See more financial history for Pinnacle West Capital (PNW).

Sector peers by Total Debt

Utilities peers of Pinnacle West Capital (PNW), ranked by their latest total debt

Frequently asked questions