Pinnacle West Capital (PNW) EBITDA Margin (2009 - 2026)
Pinnacle West Capital's EBITDA Margin came in at 34.01% for Q1 2026, up 4.19 percentage points from 29.82% a year earlier and up 2.19 percentage points from the prior quarter.
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Analysis
Pinnacle West Capital (PNW) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Mar 31, 2026, Pinnacle West Capital reported EBITDA Margin of 38.85%, up 0.76 percentage points year-over-year; for FY2025, it came in at 38.15%, down 0.25 percentage points from FY2024.
- EBITDA Margin carries a five-year change of -2.95 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 38.41% in FY2024 (+2.66 pp), 35.75% in FY2023 (-0.09 pp), 35.84% in FY2022 (-4.24 pp) and 40.08% in FY2021 (-1.03 pp).
- The five-year range for quarterly EBITDA Margin is 23.94% (Q4 2022) to 46.72% (Q3 2021).
- Year-over-year, EBITDA Margin has increased for three consecutive quarters, with an average year-over-year change of +1.41 percentage points over the last eight quarters.
- The fastest year-over-year change in EBITDA Margin over five years came in Q2 2024 (a gain of 7.37 percentage points), and the weakest in Q4 2022 (a drop of 5.71 percentage points).
- Business Quant data shows PNW's EBITDA Margin at 31.82% (Q4 2025), 45.11% (Q3 2025) and 40.41% (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 53.03% |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 48.33% |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 50.22% |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 39.61% |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 22.66% |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 44.14% |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 43.18% |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 44.73% |
| 10 | Pinnacle West Capital | 12.32 Bn | 12.26 Bn | 712.87 Mn | 44.47% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 44.47% |
| Dec 31, 2025 | 41.05% |
| Sep 30, 2025 | 53.77% |
| Jun 30, 2025 | 48.97% |
| Mar 31, 2025 | 38.04% |
| Dec 31, 2024 | 37.88% |
| Sep 30, 2024 | 52.48% |
| Jun 30, 2024 | 49.59% |
| Mar 31, 2024 | 42.21% |
| Dec 31, 2023 | 42.28% |
| Sep 30, 2023 | 57.24% |
| Jun 30, 2023 | 47.15% |
| Mar 31, 2023 | 36.02% |
| Dec 31, 2022 | 28.69% |
| Sep 30, 2022 | 47.63% |
| Jun 30, 2022 | 45.40% |
| Mar 31, 2022 | 37.98% |
| Dec 31, 2021 | 32.07% |
| Sep 30, 2021 | 47.82% |
| Jun 30, 2021 | 46.38% |
API Access
Pinnacle West Capital EBITDA Margin 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-margin&ticker=PNW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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-margin&ticker=PNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();