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Pinnacle West Capital Corporation (PNW)
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Pinnacle West Capital Corporation (PNW) Gross Margin: 40.72%

Is Pinnacle West Capital Corporation’s gross margin high or low?

Pinnacle West Capital Corporation's gross margin of 40.72% is in line with its 5-year average of 39.35%, near the high end of its 5-year range (25.41%–45.57%).

As of Wednesday, June 24, 2026. 21.35% above its 12-month average of 33.55%.

PNW Gross Margin

PNW Gross Margin Chart

25.41%

Reported annual fiscal-period values; no daily interpolation.

-41.79% 10Y
PNW Gross Margin

PNW Average Gross Margin Chart

PNW Gross Margin

PNW Current vs Average Gross Margin Chart

PNW Gross Margin Metrics

GROSS MARGIN

40.72%

GROSS MARGIN AVG TTM

33.55%

GROSS MARGIN AVG 3Y

36.47%

GROSS MARGIN AVG 5Y

39.35%

GROSS MARGIN AVG 10Y

41.26%

GROSS MARGIN AVG 15Y

42.21%

GROSS MARGIN AVG 20Y

42.21%

CURRENT VS TTM AVG

+21.35%

CURRENT VS 3Y AVG

+11.65%

CURRENT VS 5Y AVG

+3.49%

CURRENT VS 10Y AVG

-1.30%

CURRENT VS 15Y AVG

-3.53%

CURRENT VS 20Y AVG

-3.53%

PNW Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
Pinnacle West Capital Corporation (PNW)$12.77B40.72%33.55%36.47%39.35%
Brookfield Renewable Partners L.P. (BEP)vs ›$10.75B34.36%36.47%51.03%56.24%
The AES Corporation (AES)vs ›$10.48B19.31%18.46%19.24%21.53%
Clearway Energy, Inc. (CWEN-A)vs ›$8.31B51.38%39.33%51.52%56.75%
UGI Corporation (UGI)vs ›$7.44B46.11%50.45%41.03%46.83%
Talen Energy Corporation (TLN)vs ›$18.70B59.17%40.87%39.23%34.13%
Alliant Energy Corporation (LNT)vs ›$19.26B37.97%42.41%42.13%42.29%
Evergy, Inc. (EVRG)vs ›$19.56B41.51%32.42%31.07%31.02%
Black Hills Corporation (BKH)vs ›$5.62B35.66%38.98%35.60%36.73%
Fluence Energy, Inc. (FLNC)vs ›$3.91B11.51%12.86%6.72%3.02%

Gross Margin Analysis

Gross Margin

40.7%

(Revenue - COGS) / Revenue

Pinnacle West Capital Corporation Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Pinnacle West Capital Corporation Gross Margin FAQ

What is the gross margin for Pinnacle West Capital Corporation (PNW)?
The gross margin for PNW stock is 40.72%.
Is Pinnacle West Capital Corporation's gross margin high or low?
Pinnacle West Capital Corporation's gross margin of 40.72% is in line with its 5-year average of 39.35%, near the high end of its 5-year range (25.41%–45.57%).
What is the TTM average gross margin for Pinnacle West Capital Corporation (PNW)?
The TTM average gross margin for PNW stock is 33.55%.
What is the 3Y average gross margin for Pinnacle West Capital Corporation (PNW)?
The 3Y average gross margin for PNW stock is 36.47%.
What is the 5Y average gross margin for Pinnacle West Capital Corporation (PNW)?
The 5Y average gross margin for PNW stock is 39.35%.
What is the 10Y average gross margin for Pinnacle West Capital Corporation (PNW)?
The 10Y average gross margin for PNW stock is 41.26%.
What is the 15Y average gross margin for Pinnacle West Capital Corporation (PNW)?
The 15Y average gross margin for PNW stock is 42.21%.
What is the 20Y average gross margin for Pinnacle West Capital Corporation (PNW)?
The 20Y average gross margin for PNW stock is 42.21%.

Pinnacle West Capital Corporation Gross Margin History

DATEGROSS MARGIN
2025-12-3125.41%
2024-12-3141.70%
2023-12-3139.28%
2022-12-3139.50%
2021-12-3144.62%
2020-12-3145.57%
2019-12-3142.85%
2018-12-3142.76%
2017-12-3145.86%
2016-12-3142.63%
2015-12-3143.65%
2014-12-3140.20%
2013-12-3141.52%
2012-12-3143.07%
2011-12-3140.96%
2010-12-3138.98%
2009-12-3159.90%
2008-12-3155.86%
2007-12-3159.27%
2006-12-3163.22%
2005-12-3170.27%
2004-12-3166.93%
2003-12-3167.31%
2002-12-3171.03%
2001-12-3141.72%
2000-12-3147.57%
1999-12-3167.15%
1998-12-3174.77%
1997-12-3178.12%
1996-12-3182.09%

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