Pinnacle West Capital Corporation (PNW) EBITDA Margin: 39.89%
Is Pinnacle West Capital Corporation’s EBITDA margin high or low?
Pinnacle West Capital Corporation's EBITDA margin of 39.89% is in line with its 5-year average of 40.77%, near the low end of its 5-year range (37.93%–44.65%).
As of Wednesday, June 24, 2026. 0.64% below its 12-month average of 40.14%.
PNW EBITDA Margin Chart
Reported annual fiscal-period values; no daily interpolation.
PNW Average EBITDA Margin Chart
PNW Current vs Average EBITDA Margin Chart
PNW EBITDA Margin Metrics
EBITDA MARGIN
39.89%
EBITDA MARGIN AVG TTM
40.14%
EBITDA MARGIN AVG 3Y
39.09%
EBITDA MARGIN AVG 5Y
40.77%
EBITDA MARGIN AVG 10Y
41.27%
EBITDA MARGIN AVG 15Y
40.46%
EBITDA MARGIN AVG 20Y
39.85%
CURRENT VS TTM AVG
-0.64%
CURRENT VS 3Y AVG
+2.05%
CURRENT VS 5Y AVG
-2.15%
CURRENT VS 10Y AVG
-3.35%
CURRENT VS 15Y AVG
-1.40%
CURRENT VS 20Y AVG
+0.11%
PNW Competitors' EBITDA Margin
| NAME | MARKET CAP | EBITDA MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pinnacle West Capital Corporation (PNW) | $12.77B | 39.89% | 40.14% | 39.09% | 40.77% |
| Brookfield Renewable Partners L.P. (BEP)vs › | $10.75B | 77.73% | 71.19% | 71.43% | 67.69% |
| The AES Corporation (AES)vs › | $10.48B | 24.03% | 26.98% | 22.34% | 20.49% |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 76.77% | 77.88% | 104.75% | 93.77% |
| UGI Corporation (UGI)vs › | $7.44B | 22.97% | 20.39% | 13.13% | 18.77% |
| Talen Energy Corporation (TLN)vs › | $18.70B | 16.44% | 50.91% | 32.09% | 22.28% |
| Alliant Energy Corporation (LNT)vs › | $19.26B | 46.29% | 45.72% | 43.93% | 43.31% |
| Evergy, Inc. (EVRG)vs › | $19.56B | 46.15% | 45.75% | 43.25% | 42.70% |
| Black Hills Corporation (BKH)vs › | $5.62B | 35.82% | 36.36% | 33.05% | 33.91% |
| Fluence Energy, Inc. (FLNC)vs › | $3.91B | -0.75% | 0.39% | -6.72% | -9.35% |
Margin Comparison
Gross Margin
40.7%
EBITDA Margin
39.9%
Operating Margin
27.5%
Net Margin
12.0%
Formula: EBITDA Margin = (EBITDA / Revenue) × 100
Why EBITDA Margin matters:
- Removes effects of depreciation policies (D&A)
- Capital structure neutral (ignores interest)
- Tax neutral (ignores tax differences)
- Good proxy for operating cash generation
Pinnacle West Capital Corporation EBITDA Margin Formula & Definition
EBITDA Margin = EBITDA / Revenue
EBITDA margin measures operating profitability before interest, taxes, depreciation, and amortization as a percentage of revenue.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Pinnacle West Capital Corporation EBITDA Margin FAQ
- What is the EBITDA margin for Pinnacle West Capital Corporation (PNW)?
- The EBITDA margin for PNW stock is 39.89%.
- Is Pinnacle West Capital Corporation's EBITDA margin high or low?
- Pinnacle West Capital Corporation's EBITDA margin of 39.89% is in line with its 5-year average of 40.77%, near the low end of its 5-year range (37.93%–44.65%).
- What is the TTM average EBITDA margin for Pinnacle West Capital Corporation (PNW)?
- The TTM average EBITDA margin for PNW stock is 40.14%.
- What is the 3Y average EBITDA margin for Pinnacle West Capital Corporation (PNW)?
- The 3Y average EBITDA margin for PNW stock is 39.09%.
- What is the 5Y average EBITDA margin for Pinnacle West Capital Corporation (PNW)?
- The 5Y average EBITDA margin for PNW stock is 40.77%.
- What is the 10Y average EBITDA margin for Pinnacle West Capital Corporation (PNW)?
- The 10Y average EBITDA margin for PNW stock is 41.27%.
- What is the 15Y average EBITDA margin for Pinnacle West Capital Corporation (PNW)?
- The 15Y average EBITDA margin for PNW stock is 40.46%.
- What is the 20Y average EBITDA margin for Pinnacle West Capital Corporation (PNW)?
- The 20Y average EBITDA margin for PNW stock is 39.85%.
Pinnacle West Capital Corporation EBITDA Margin History
| DATE | EBITDA MARGIN |
|---|---|
| 2025-12-31 | 39.89% |
| 2024-12-31 | 40.40% |
| 2023-12-31 | 37.93% |
| 2022-12-31 | 38.13% |
| 2021-12-31 | 44.65% |
| 2020-12-31 | 43.59% |
| 2019-12-31 | 40.99% |
| 2018-12-31 | 41.55% |
| 2017-12-31 | 44.16% |
| 2016-12-31 | 41.41% |
| 2015-12-31 | 41.32% |
| 2014-12-31 | 37.99% |
| 2013-12-31 | 39.08% |
| 2012-12-31 | 40.50% |
| 2011-12-31 | 38.77% |
| 2010-12-31 | 36.96% |
| 2009-12-31 | 32.54% |
| 2008-12-31 | 27.59% |
| 2007-12-31 | 29.04% |
| 2006-12-31 | 37.36% |
| 2005-12-31 | 30.02% |
| 2004-12-31 | 32.77% |
| 2003-12-31 | 33.26% |
| 2002-12-31 | 38.15% |
| 2001-12-31 | 24.88% |
| 2000-12-31 | 29.82% |
| 1999-12-31 | 41.09% |
| 1998-12-31 | 45.99% |
| 1997-12-31 | 99.99% |
| 1996-12-31 | 100.00% |
Related Metrics
About Pinnacle West Capital Corporation
Pinnacle West Capital Corporation (PNW), primarily operating through its Arizona Public Service Company (APS) subsidiary, delivers retail and wholesale electricity services predominantly within Arizona. The company manages the full scope of electricity provision, encompassing generation, transmission, and distribution, leveraging a diverse energy portfolio that includes coal, nuclear, natural gas, oil, and solar power facilities. Its robust infrastructure for power delivery features approximately 5,814 pole miles of overhead transmission lines and roughly 74 miles of subterranean transmission lines. For distribution, the company maintains about 11,258 miles of overhead lines and an estimated 22,821 miles of underground primary cabling. This network is further supported by 475 owned and managed transmission and distribution substations. PNW possesses or leases roughly 6,323 megawatts of regulated power generation capacity and supplies electricity to an estimated 1.3 million customers. Established in 1985, Pinnacle West Capital Corporation's corporate headquarters are situated in Phoenix, Arizona.
- Sector
- Utilities
- Industry
- Regulated Electric
- CEO
- Theodore N. Geisler