SuperworthPinnacle West Capital profit margin PNW
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 11.5%
- Operating margin, 12 months
- 20.5%
- Net margin on a year earlier
- +0.6 pts
- Peer median
- 14.0%
Over the twelve months to Jun 30, 2026, Pinnacle West Capital kept 11.5% of its revenue as net profit, with an operating margin of 20.5% and a gross margin of 62.7%.
Five years earlier its net margin was 15.7%.
The median for 10 electric utilities of a similar size is 14.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 11.5% | 20.0% | 63.8% |
| FY2024 | 11.9% | 19.7% | 64.4% |
| FY2023 | 10.7% | 17.6% | 61.8% |
| FY2022 | 11.2% | 16.9% | 62.3% |
| FY2021 | 16.3% | 21.2% | 69.7% |
| FY2020 | 15.3% | 22.0% | 72.3% |
| FY2019 | 15.5% | 19.4% | 70.0% |
| FY2018 | 13.8% | 21.0% | 70.8% |
| FY2017 | 13.7% | 25.5% | n/a |
| FY2016 | 12.6% | 24.5% | n/a |
| FY2015 | 12.5% | 24.4% | n/a |
| FY2014 | 11.4% | 23.2% | n/a |
| FY2013 | 11.8% | 24.5% | n/a |
| FY2012 | 11.6% | 25.8% | n/a |
| FY2011 | 10.5% | 23.0% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 11.5% | +0.6 pts | 20.5% | |
| Q1 FY26 | 12.0% | +0.7 pts | 20.9% | |
| Q4 FY25 | 11.5% | −0.3 pts | 20.0% | |
| Q3 FY25 | 11.2% | −1.1 pts | 19.4% | |
| Q2 FY25 | 11.0% | −1.7 pts | 19.0% | |
| Q1 FY25 | 11.3% | +0.2 pts | 19.3% | |
| Q4 FY24 | 11.9% | +1.2 pts | 19.7% | |
| Q3 FY24 | 12.3% | +2.1 pts | 20.0% | |
| Q2 FY24 | 12.7% | +3.7 pts | 19.9% | |
| Q1 FY24 | 11.1% | +0.8 pts | 17.9% | |
| Q4 FY23 | 10.7% | −0.5 pts | 17.6% | |
| Q3 FY23 | 10.1% | −2.9 pts | 16.7% |
Against its peers
Companies in Regulated Electric nearest Pinnacle West Capital's size, closest first, today.
| Company | Profit margin |
|---|---|
| PNWPinnacle West Capital | 11.5% |
| OGEOGE Energy | 14.4% |
| LNTAlliant Energy | 18.4% |
| EVRGEvergy | 15.2% |
| IDAIdacorp | 18.8% |
| CMSCMS Energy | 11.6% |
| EIXEdison International | 19.3% |
| ESEversource Energy | 10.4% |
| PPLPPL | 13.5% |
| FEFirstEnergy | 6.9% |
| CNPCenterPoint Energy | 11.6% |
| Peer median | 14.0% |
Where Pinnacle West Capital ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Pinnacle West Capital
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.