Pinnacle West Capital (PNW) Dividend Coverage Ratio (2009 - 2026)
Pinnacle West Capital's Dividend Coverage Ratio came in at 0.30 for Q1 2026, compared with -0.04 a year earlier and up 111.5% from the prior quarter.
Pinnacle West Capital (PNW) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Pinnacle West Capital reported Dividend Coverage Ratio of 1.53, up 4.9% year-over-year; for FY2025, it came in at 1.46, down 5.5% from FY2024.
- Going back by year, Dividend Coverage Ratio was 1.54 in FY2024 (+18.9%), 1.30 in FY2023 (+1.7%), 1.28 in FY2022 (-23.8%) and 1.67 in FY2021 (+6.6%).
- The five-year range for quarterly Dividend Coverage Ratio is -0.25 (Q4 2022) to 4.14 (Q3 2023).
- Year-over-year, Dividend Coverage Ratio increased in 1 of the last four quarters, with growth averaging 17.5%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q2 2024 (growth of 87.1%), and the weakest in Q1 2022 (a decline of 53.7%).
- Business Quant data shows PNW's Dividend Coverage Ratio at 0.14 (Q4 2025), 3.92 (Q3 2025) and 1.83 (Q2 2025) in the three quarters before Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | - |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 1.46 |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 1.82 |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | - |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 0.58 |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | - |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 1.65 |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | - |
| 10 | Pinnacle West Capital | 12.32 Bn | 12.26 Bn | 712.87 Mn | 0.30 |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.30 |
| Dec 31, 2025 | 0.14 |
| Sep 30, 2025 | 3.92 |
| Jun 30, 2025 | 1.83 |
| Mar 31, 2025 | -0.04 |
| Dec 31, 2024 | -0.07 |
| Sep 30, 2024 | 4.02 |
| Jun 30, 2024 | 2.08 |
| Mar 31, 2024 | 0.17 |
| Dec 31, 2023 | 0.00 |
| Sep 30, 2023 | 4.14 |
| Jun 30, 2023 | 1.11 |
| Mar 31, 2023 | -0.03 |
| Dec 31, 2022 | -0.25 |
| Sep 30, 2022 | 3.46 |
| Jun 30, 2022 | 1.74 |
| Mar 31, 2022 | 0.18 |
| Dec 31, 2021 | 0.29 |
| Sep 30, 2021 | 3.70 |
| Jun 30, 2021 | 2.35 |
Pinnacle West Capital Dividend Coverage 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=dividend-coverage-ratio&ticker=PNW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=PNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();