Pinnacle West Capital (PNW) Debt Ratio (2009 - 2026)
Pinnacle West Capital's Debt Ratio was 0.36 in Q1 2026, up 0.3% from 0.36 a year earlier and up 1.9% from the prior quarter.
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Analysis
Pinnacle West Capital (PNW) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Pinnacle West Capital came in at 0.35, down 2.6% from FY2024.
- In earlier years, Debt Ratio was 0.36 in FY2024 (-1.3%), 0.37 in FY2023 (+2.3%), 0.36 in FY2022 (+7.1%) and 0.33 in FY2021 (+3.2%).
- The Q1 2026 figure marks the highest quarterly Debt Ratio since Q4 2024.
- Compared with a year earlier, Debt Ratio was higher in three of the last eight quarters, with an average decline of 1.8%.
- The best year-over-year quarter for Debt Ratio over five years was Q4 2022 (growth of 7.1%); the worst was Q2 2025 (a decline of 5.9%).
- Per Business Quant data, PNW's Debt Ratio in the three quarters before Q1 2026 was 0.35 (Q4 2025), 0.35 (Q3 2025) and 0.35 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 0.47 |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 0.47 |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 0.46 |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | 0.43 |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 0.43 |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 0.44 |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 0.32 |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 0.44 |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 0.45 |
| 10 | Pinnacle West Capital | 12.32 Bn | 12.26 Bn | 712.87 Mn | 0.36 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.36 |
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 0.35 |
| Jun 30, 2025 | 0.35 |
| Mar 31, 2025 | 0.36 |
| Dec 31, 2024 | 0.36 |
| Sep 30, 2024 | 0.37 |
| Jun 30, 2024 | 0.37 |
| Mar 31, 2024 | 0.37 |
| Dec 31, 2023 | 0.37 |
| Sep 30, 2023 | 0.36 |
| Jun 30, 2023 | 0.37 |
| Mar 31, 2023 | 0.36 |
| Dec 31, 2022 | 0.36 |
| Sep 30, 2022 | 0.34 |
| Jun 30, 2022 | 0.35 |
| Mar 31, 2022 | 0.34 |
| Dec 31, 2021 | 0.33 |
| Sep 30, 2021 | 0.33 |
| Jun 30, 2021 | 0.33 |
API Access
Pinnacle West Capital Debt Ratio 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=debt-ratio&ticker=PNW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=PNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();