Pinnacle West Capital Corporation logo
Pinnacle West Capital Corporation (PNW)
Compare

Pinnacle West Capital Corporation (PNW) Enterprise Value (EV): $27.06B

The enterprise value (EV) for Pinnacle West Capital Corporation (PNW) is $27.06B as of Wednesday, June 24, 2026.

PNW Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$27.06B

Enterprise Value Calculation

Market Cap

$12.77B

+

Total Debt

$14.30B

Cash

$6.60M

=

Enterprise Value

$27.06B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Pinnacle West Capital Corporation Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Pinnacle West Capital Corporation Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Pinnacle West Capital Corporation (PNW)?
The enterprise value (EV) for PNW stock is $27.06B.

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.

Phoenix, AZ
94 employees
Utilities / Regulated Electric
Sector
Utilities
Industry
Regulated Electric
CEO
Theodore N. Geisler