Pinnacle West Capital (PNW) FCF Margin (2009 - 2026)
Pinnacle West Capital (PNW) reported FCF Margin of -34.19% for Q1 2026, down 12.82 percentage points from -21.38% a year earlier and down 17.11 percentage points from the prior quarter.
Pinnacle West Capital (PNW) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Pinnacle West Capital's FCF Margin came in at -18.18%, down 4.93 percentage points year-over-year; for FY2025, it came in at -15.35%, down 2.87 percentage points from FY2024.
- FCF Margin has a five-year change of -5.30 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at -12.48% in FY2024 (+1.12 pp), -13.60% in FY2023 (-2.82 pp), -10.78% in FY2022 (+5.35 pp) and -16.13% in FY2021 (-6.09 pp).
- The Q1 2026 figure ranks as the lowest quarterly FCF Margin since Q1 2016.
- Year over year, FCF Margin gained in two of the last eight quarters, with an average year-over-year change of -3.26 percentage points.
- The high point for year-over-year FCF Margin in five years was Q1 2022 (a gain of 16.72 percentage points); the low point was Q1 2023 (a drop of 18.21 percentage points).
- Per Business Quant data, the three quarters before Q1 2026 came in at -17.08% (Q4 2025), 2.30% (Q3 2025) and -32.98% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 25.59% |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | -9.19% |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | -28.07% |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | -16.05% |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | -26.81% |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | -30.63% |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | -25.14% |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | -59.25% |
| 10 | Pinnacle West Capital | 12.32 Bn | 12.26 Bn | 712.87 Mn | -34.19% |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -34.19% |
| Dec 31, 2025 | -17.08% |
| Sep 30, 2025 | 2.30% |
| Jun 30, 2025 | -32.98% |
| Mar 31, 2025 | -21.38% |
| Dec 31, 2024 | -8.41% |
| Sep 30, 2024 | -1.85% |
| Jun 30, 2024 | -26.29% |
| Mar 31, 2024 | -17.90% |
| Dec 31, 2023 | -15.94% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | -22.02% |
| Mar 31, 2023 | -24.72% |
| Dec 31, 2022 | -21.91% |
| Sep 30, 2022 | 0.68% |
| Jun 30, 2022 | -19.21% |
| Mar 31, 2022 | -6.51% |
| Dec 31, 2021 | -33.49% |
| Sep 30, 2021 | 1.75% |
| Jun 30, 2021 | -20.70% |
Pinnacle West Capital FCF 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=fcf-margin&ticker=PNW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=PNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();