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Pinnacle West Capital Corporation (PNW)
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Pinnacle West Capital Corporation (PNW) Return on Equity (ROE): 9.25%

Is Pinnacle West Capital Corporation’s return on equity (ROE) high or low?

Pinnacle West Capital Corporation's return on equity (ROE) of 9.25% is in line with its 5-year average of 9.02%, around the middle of its 5-year range (8.00%–10.48%).

As of Wednesday, June 24, 2026. 4.17% above its 12-month average of 8.88%.

PNW Return on Equity (ROE)

PNW Return on Equity (ROE) Chart

8.75%

Reported annual fiscal-period values; no daily interpolation.

-8.28% 10Y
PNW Return on Equity (ROE)

PNW Average Return on Equity (ROE) Chart

PNW Return on Equity (ROE)

PNW Current vs Average Return on Equity (ROE) Chart

PNW Return on Equity (ROE) Metrics

RETURN ON EQUITY (ROE)

9.25%

RETURN ON EQUITY (ROE) AVG TTM

8.88%

RETURN ON EQUITY (ROE) AVG 3Y

8.47%

RETURN ON EQUITY (ROE) AVG 5Y

9.02%

RETURN ON EQUITY (ROE) AVG 10Y

9.30%

RETURN ON EQUITY (ROE) AVG 15Y

9.32%

RETURN ON EQUITY (ROE) AVG 20Y

9.29%

CURRENT VS TTM AVG

+4.17%

CURRENT VS 3Y AVG

+9.21%

CURRENT VS 5Y AVG

+2.53%

CURRENT VS 10Y AVG

-0.56%

CURRENT VS 15Y AVG

-0.72%

CURRENT VS 20Y AVG

-0.47%

PNW Competitors' Return on Equity (ROE)

NAMEMARKET CAPRETURN ON EQUITY (ROE)TTM3Y5Y
Pinnacle West Capital Corporation (PNW)$12.77B9.25%8.88%8.47%9.02%
Brookfield Renewable Partners L.P. (BEP)vs ›$10.75B4.56%-1.33%-1.06%-1.77%
The AES Corporation (AES)vs ›$10.48B30.27%30.03%11.85%5.71%
Clearway Energy, Inc. (CWEN-A)vs ›$8.31B0.04%6.52%10.72%7.84%
UGI Corporation (UGI)vs ›$7.44B11.83%10.19%0.96%7.21%
Talen Energy Corporation (TLN)vs ›$18.70B-1.96%25.96%75.45%33.71%
Alliant Energy Corporation (LNT)vs ›$19.26B11.06%10.45%10.55%10.73%
Evergy, Inc. (EVRG)vs ›$19.56B8.68%8.57%8.16%8.21%
Black Hills Corporation (BKH)vs ›$5.62B7.31%7.71%8.05%8.27%
Fluence Energy, Inc. (FLNC)vs ›$3.91B-11.35%-3.22%-22.52%33.03%

Return Analysis

ROE

9.3%

ROA

2.1%

Pinnacle West Capital Corporation Return on Equity (ROE) Formula & Definition

ROE = Net Income / Total Shareholders' Equity

Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Pinnacle West Capital Corporation Return on Equity (ROE) FAQ

What is the return on equity (ROE) for Pinnacle West Capital Corporation (PNW)?
The return on equity (ROE) for PNW stock is 9.25%.
Is Pinnacle West Capital Corporation's return on equity (ROE) high or low?
Pinnacle West Capital Corporation's return on equity (ROE) of 9.25% is in line with its 5-year average of 9.02%, around the middle of its 5-year range (8.00%–10.48%).
What is the TTM average return on equity (ROE) for Pinnacle West Capital Corporation (PNW)?
The TTM average return on equity (ROE) for PNW stock is 8.88%.
What is the 3Y average return on equity (ROE) for Pinnacle West Capital Corporation (PNW)?
The 3Y average return on equity (ROE) for PNW stock is 8.47%.
What is the 5Y average return on equity (ROE) for Pinnacle West Capital Corporation (PNW)?
The 5Y average return on equity (ROE) for PNW stock is 9.02%.
What is the 10Y average return on equity (ROE) for Pinnacle West Capital Corporation (PNW)?
The 10Y average return on equity (ROE) for PNW stock is 9.30%.
What is the 15Y average return on equity (ROE) for Pinnacle West Capital Corporation (PNW)?
The 15Y average return on equity (ROE) for PNW stock is 9.32%.
What is the 20Y average return on equity (ROE) for Pinnacle West Capital Corporation (PNW)?
The 20Y average return on equity (ROE) for PNW stock is 9.29%.

Pinnacle West Capital Corporation Return on Equity (ROE) History

DATERETURN ON EQUITY (ROE)
2025-12-318.75%
2024-12-319.01%
2023-12-318.12%
2022-12-318.00%
2021-12-3110.48%
2020-12-319.77%
2019-12-319.91%
2018-12-319.78%
2017-12-319.76%
2016-12-319.20%
2015-12-319.54%
2014-12-319.10%
2013-12-319.68%
2012-12-319.60%
2011-12-318.88%
2010-12-319.50%
2009-12-312.06%
2008-12-317.03%
2007-12-318.70%
2006-12-319.50%
2005-12-315.15%
2004-12-318.24%
2003-12-318.50%
2002-12-315.56%
2001-12-3112.49%
2000-12-3112.69%
1999-12-317.61%
1998-12-3110.75%
1997-12-3110.73%
1996-12-318.28%

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