Pinnacle West Capital (PNW) Dividend Coverage Ratio (2009 - 2026)
Pinnacle West Capital's Dividend Coverage Ratio came in at 3.94 for Q3 2026, up 0.3% from 3.92 a year earlier and up 143.1% from the prior quarter.
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Analysis
Pinnacle West Capital (PNW) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Pinnacle West Capital reported Dividend Coverage Ratio of 1.52, up 5.9% 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 Q3 2026 figure represents the highest quarterly Dividend Coverage Ratio since Q3 2024.
- Year-over-year, Dividend Coverage Ratio increased in 1 of the last four quarters, with an average decline of 6.3%.
- 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 1.62 (Q2 2026), 0.30 (Q1 2026) and 0.14 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 185.08 Bn | 183.19 Bn | - | - |
| 2 | Southern | 107.35 Bn | 98.41 Bn | 5.92 Bn | 1.46 |
| 3 | Duke Energy | 101.59 Bn | 99.95 Bn | 5.66 Bn | 1.27 |
| 4 | National Grid | 89.31 Bn | 61.64 Bn | - | - |
| 5 | American Electric Power | 69.03 Bn | 68.09 Bn | 4.75 Bn | - |
| 6 | Dominion Energy | 61.31 Bn | 63.99 Bn | - | 0.58 |
| 7 | Entergy | 52.78 Bn | 39.28 Bn | - | 0.59 |
| 8 | Sempra | 52.22 Bn | 51.34 Bn | 2.89 Bn | - |
| 9 | Xcel Energy | 51.04 Bn | 44.52 Bn | - | - |
| 10 | Pinnacle West Capital | 12.59 Bn | 12.60 Bn | 1.21 Bn | 3.94 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.94 |
| Jun 30, 2026 | 1.62 |
| 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 |
API Access
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_KEYimport 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();