Pinnacle West Capital (PNW) EBITDA Margin (2009 - 2026)
Pinnacle West Capital's EBITDA Margin came in at 49.65% for Q2 2026, up 0.68 percentage points from 48.97% a year earlier and up 5.18 percentage points from the prior quarter.
Pinnacle West Capital (PNW) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Pinnacle West Capital reported EBITDA Margin of 48.18%, up 2.49 percentage points year-over-year; for FY2025, it came in at 46.82%, up 0.11 percentage points from FY2024.
- EBITDA Margin carries a five-year change of +6.05 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 46.72% in FY2024 (-0.69 pp), 47.40% in FY2023 (+6.49 pp), 40.91% in FY2022 (-0.33 pp) and 41.25% in FY2021 (+0.48 pp).
- The five-year range for quarterly EBITDA Margin is 28.69% (Q4 2022) to 57.24% (Q3 2023).
- Year-over-year, EBITDA Margin has increased for four consecutive quarters, with an average year-over-year change of -0.30 percentage points over the last eight quarters.
- The fastest year-over-year change in EBITDA Margin over five years came in Q4 2023 (a gain of 13.59 percentage points), and the weakest in Q3 2024 (a drop of 4.76 percentage points).
- Business Quant data shows PNW's EBITDA Margin at 44.47% (Q1 2026), 41.05% (Q4 2025) and 53.77% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 184.16 Bn | 170.91 Bn | - | 52.86% |
| 2 | Southern | 105.91 Bn | 96.97 Bn | 5.92 Bn | 48.33% |
| 3 | Duke Energy | 101.09 Bn | 97.35 Bn | 5.66 Bn | 50.94% |
| 4 | National Grid | 84.08 Bn | 56.38 Bn | - | - |
| 5 | American Electric Power | 70.48 Bn | 68.27 Bn | 4.75 Bn | 41.53% |
| 6 | Dominion Energy | 61.21 Bn | 59.20 Bn | - | 22.66% |
| 7 | Sempra | 54.16 Bn | 53.28 Bn | 2.89 Bn | 37.87% |
| 8 | Entergy | 52.47 Bn | 38.91 Bn | - | 49.53% |
| 9 | Xcel Energy | 50.70 Bn | 44.18 Bn | - | 48.97% |
| 10 | Pinnacle West Capital | 12.84 Bn | 12.79 Bn | 897.25 Mn | 49.65% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.65% |
| 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% |
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_KEY
import 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();