Pinnacle West Capital (PNW) Liabilities and Shareholders Equity (2009 - 2026)
Pinnacle West Capital's Liabilities and Shareholders Equity came in at $30.69 billion for Q1 2026, up 12.7% from $27.24 billion a year earlier and up 2.2% from the prior quarter.
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Analysis
Pinnacle West Capital (PNW) Liabilities and Shareholders Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Pinnacle West Capital's Liabilities and Shareholders Equity was $30.03 billion, up 15.1% from FY2024.
- Liabilities and Shareholders Equity has increased in each of the last 16 years, with a five-year compound annual growth rate of 8.4% (FY2020 to FY2025).
- Going back by year, Liabilities and Shareholders Equity was $26.1 billion in FY2024 (+5.8%), $24.66 billion in FY2023 (+8.5%), $22.72 billion in FY2022 (+3.3%) and $22 billion in FY2021 (+9.9%).
- The Q1 2026 figure represents the highest quarterly Liabilities and Shareholders Equity in data going back to Q4 2009.
- Year-over-year, Liabilities and Shareholders Equity has increased for 50 consecutive quarters, with growth averaging 10.7% over the last eight quarters.
- The year-over-year growth in Liabilities and Shareholders Equity has ranged between 3.3% (Q4 2022) and 15.1% (Q4 2025) over the last five years.
- Business Quant data shows PNW's Liabilities and Shareholders Equity at $30.03 billion (Q4 2025), $29.89 billion (Q3 2025) and $29.24 billion (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 232.81 Bn |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 162.03 Bn |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 198.05 Bn |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | 142.64 Bn |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 121.57 Bn |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 121.90 Bn |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 115.28 Bn |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 79.00 Bn |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 87.17 Bn |
| 10 | Pinnacle West Capital | 12.32 Bn | 12.26 Bn | 712.87 Mn | 30.69 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 30.69 Bn |
| Dec 31, 2025 | 30.03 Bn |
| Sep 30, 2025 | 29.89 Bn |
| Jun 30, 2025 | 29.24 Bn |
| Mar 31, 2025 | 27.24 Bn |
| Dec 31, 2024 | 26.10 Bn |
| Sep 30, 2024 | 26.31 Bn |
| Jun 30, 2024 | 25.70 Bn |
| Mar 31, 2024 | 24.85 Bn |
| Dec 31, 2023 | 24.66 Bn |
| Sep 30, 2023 | 24.43 Bn |
| Jun 30, 2023 | 23.98 Bn |
| Mar 31, 2023 | 23.58 Bn |
| Dec 31, 2022 | 22.72 Bn |
| Sep 30, 2022 | 22.84 Bn |
| Jun 30, 2022 | 22.50 Bn |
| Mar 31, 2022 | 22.20 Bn |
| Dec 31, 2021 | 22.00 Bn |
| Sep 30, 2021 | 21.54 Bn |
| Jun 30, 2021 | 21.06 Bn |
API Access
Pinnacle West Capital Liabilities and Shareholders Equity 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=liabilities-and-shareholders-equity&ticker=PNW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-and-shareholders-equity", "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=liabilities-and-shareholders-equity&ticker=PNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();