Pinnacle West Capital (PNW) Asset Retirement Obligations (2009 - 2026)
Pinnacle West Capital (PNW) reported Asset Retirement Obligations of $1.28 billion for Q3 2026, up 10.7% from $1.16 billion a year earlier and up 3.3% from the prior quarter.
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Analysis
Pinnacle West Capital (PNW) Asset Retirement Obligations (2009 - 2026) Analysis & Trends
At the end of FY2025, Pinnacle West Capital posted Asset Retirement Obligations of $1.2 billion, up 9.3% from FY2024.
- Asset Retirement Obligations has increased for six consecutive years, with a five-year compound annual growth rate of 11.7% (FY2020 to FY2025).
- By year, Asset Retirement Obligations came in at $1.1 billion in FY2024 (+17.0%), $937.45 million in FY2023 (+19.3%), $785.53 million in FY2022 (+3.0%) and $762.91 million in FY2021 (+10.6%).
- The Q3 2026 figure ranks as the highest quarterly Asset Retirement Obligations in data going back to Q4 2009.
- Year over year, Asset Retirement Obligations has now increased in each of the last 16 quarters, with growth averaging 10.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Asset Retirement Obligations ranged from 1.8% (Q2 2025) to 34.0% (Q2 2024).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.24 billion (Q2 2026), $1.23 billion (Q1 2026) and $1.2 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | AROs (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 181.60 Bn | 168.35 Bn | - | 3.94 Bn |
| 2 | Southern | 104.77 Bn | 95.83 Bn | 5.92 Bn | - |
| 3 | Duke Energy | 99.63 Bn | 95.89 Bn | 5.66 Bn | 9.20 Bn |
| 4 | National Grid | 82.14 Bn | 54.44 Bn | - | - |
| 5 | American Electric Power | 68.86 Bn | 66.65 Bn | 4.75 Bn | 3.67 Bn |
| 6 | Dominion Energy | 60.31 Bn | 58.30 Bn | - | 429.00 Mn |
| 7 | Entergy | 51.91 Bn | 38.35 Bn | - | 5.12 Bn |
| 8 | Sempra | 51.13 Bn | 50.25 Bn | 2.89 Bn | 3.82 Bn |
| 9 | Xcel Energy | 50.13 Bn | 43.61 Bn | - | 3.33 Bn |
| 10 | Pinnacle West Capital | 12.63 Bn | 12.60 Bn | 1.21 Bn | 1.28 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.28 Bn |
| Jun 30, 2026 | 1.24 Bn |
| Mar 31, 2026 | 1.23 Bn |
| Dec 31, 2025 | 1.20 Bn |
| Sep 30, 2025 | 1.16 Bn |
| Jun 30, 2025 | 1.12 Bn |
| Mar 31, 2025 | 1.11 Bn |
| Dec 31, 2024 | 1.10 Bn |
| Sep 30, 2024 | 1.10 Bn |
| Jun 30, 2024 | 1.10 Bn |
| Mar 31, 2024 | 946.46 Mn |
| Dec 31, 2023 | 937.45 Mn |
| Sep 30, 2023 | 878.74 Mn |
| Jun 30, 2023 | 823.50 Mn |
| Mar 31, 2023 | 787.22 Mn |
| Dec 31, 2022 | 785.53 Mn |
| Sep 30, 2022 | 785.54 Mn |
| Jun 30, 2022 | 779.36 Mn |
| Mar 31, 2022 | 771.72 Mn |
| Dec 31, 2021 | 762.91 Mn |
API Access
Pinnacle West Capital Asset Retirement Obligations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-retirement-obligations&ticker=PNW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-retirement-obligations", "ticker": "PNW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-retirement-obligations&ticker=PNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();