Pinnacle West Capital (PNW) EBITDA (2009 - 2026)
Pinnacle West Capital (PNW) recorded EBITDA of $391.02 million in Q1 2026, up 27.0% from $307.87 million a year earlier and up 8.9% from the prior quarter.
Pinnacle West Capital (PNW) EBITDA (2009 - 2026) Analysis & Trends
On a TTM basis, Pinnacle West Capital's EBITDA came in at $2.12 billion as of Mar 31, 2026, up 6.9% year-over-year; for FY2025, it came in at $2.04 billion, up 3.5% from FY2024.
- Annual EBITDA has increased for six straight years, with a five-year compound annual growth rate of 6.7% (FY2020 to FY2025).
- Across earlier years, EBITDA came in at $1.97 billion in FY2024 (+17.2%), $1.68 billion in FY2023 (+8.3%), $1.55 billion in FY2022 (+1.7%) and $1.52 billion in FY2021 (+3.4%).
- Quarterly EBITDA has ranged from $236.82 million in Q4 2021 to $821.26 million in Q3 2025 over the past five years.
- On a year-over-year basis, EBITDA has increased for three consecutive quarters, with growth averaging 13.2% over the last eight quarters.
- Peak year-over-year performance for EBITDA in the last five years was growth of 41.3% in Q2 2024, against a decline of 7.9% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $358.98 million (Q4 2025), $821.26 million (Q3 2025) and $549.13 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 4.00 Bn |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 3.37 Bn |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 4.61 Bn |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 2.16 Bn |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 1.02 Bn |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 1.32 Bn |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 1.52 Bn |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 1.40 Bn |
| 10 | Pinnacle West Capital | 12.32 Bn | 12.26 Bn | 712.87 Mn | 511.17 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 511.17 Mn |
| Dec 31, 2025 | 463.12 Mn |
| Sep 30, 2025 | 979.10 Mn |
| Jun 30, 2025 | 665.37 Mn |
| Mar 31, 2025 | 392.66 Mn |
| Dec 31, 2024 | 414.99 Mn |
| Sep 30, 2024 | 928.31 Mn |
| Jun 30, 2024 | 649.08 Mn |
| Mar 31, 2024 | 401.76 Mn |
| Dec 31, 2023 | 419.26 Mn |
| Sep 30, 2023 | 937.53 Mn |
| Jun 30, 2023 | 528.84 Mn |
| Mar 31, 2023 | 340.39 Mn |
| Dec 31, 2022 | 289.58 Mn |
| Sep 30, 2022 | 700.17 Mn |
| Jun 30, 2022 | 481.98 Mn |
| Mar 31, 2022 | 297.57 Mn |
| Dec 31, 2021 | 256.18 Mn |
| Sep 30, 2021 | 625.55 Mn |
| Jun 30, 2021 | 463.91 Mn |
Pinnacle West Capital EBITDA 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=ebitda&ticker=PNW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=PNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();