Revenue
Trailing-twelve-month (TTM) revenue is $5.46 Billion with a year-over-year growth of +4.84%. Revenue represents the total income generated from the company's primary business operations.
PNW Revenue
Reported quarterly revenue; no daily interpolation.
PNW Quarterly Revenue Growth (YoY)
Revenue growth vs the same quarter one year earlier, last 20 quarters.
PNW Revenue by Segment
How PNW’s revenue breaks down across its reported segments in the latest reported fiscal year.
By product / business (FY 2025)
- Electric Service$2.54B47.6%
- Electric and Transmission Service$129.67M2.4%
- Wholesale Energy$108.66M2.0%
- Unallocated$2.56B47.9%
Revenue (TTM)
$5.46B
$5.46 Billion
Year-over-Year Growth
+4.84%
vs. $5.21B a year ago (TTM)
Revenue CAGR
+8.55%
5 Year compound annual growth rate
Revenue CAGR (Compound Annual Growth Rate)
1 Year
+4.84%
3 Year
+6.75%
5 Year
+8.55%
10 Year
+4.54%
15 Year
+3.40%
20 Year
+2.91%
CAGR shows the annualized growth rate over the specified period, smoothing out year-to-year volatility.
Annual Revenue History
| Year | Revenue | YoY Change | % Change |
|---|---|---|---|
| 2025 | $5.34B | +$215.02M | +4.20% |
| 2024 | $5.12B | +$428.92M | +9.13% |
| 2023 | $4.70B | +$371.61M | +8.59% |
| 2022 | $4.32B | +$520.55M | +13.68% |
| 2021 | $3.80B | +$216.85M | +6.05% |
| 2020 | $3.59B | +$115.77M | +3.34% |
| 2019 | $3.47B | ($220.04M) | (5.96%) |
| 2018 | $3.69B | +$125.95M | +3.53% |
| 2017 | $3.57B | +$66.61M | +1.90% |
| 2016 | $3.50B | +$3.24M | +0.09% |
Revenue Growth Summary
TTM Growth
+4.84%
3-Year Avg Growth
+6.75%
5-Year Avg Growth
+8.55%
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