Pinnacle West Capital (PNW) Minority Interest (2009 - 2026)
Pinnacle West Capital (PNW) recorded Minority Interest of $42.81 million in Q1 2026, down 60.2% from $107.47 million a year earlier but up 5.4% from the prior quarter.
Pinnacle West Capital (PNW) Minority Interest (2009 - 2026) Analysis & Trends
At the end of FY2025, Pinnacle West Capital reported Minority Interest of $40.62 million, down 60.6% from FY2024.
- Annual Minority Interest has declined for 11 straight years, with a five-year compound annual growth rate of -19.4% (FY2020 to FY2025).
- Across earlier years, Minority Interest came in at $103.17 million in FY2024 (-3.8%), $107.2 million in FY2023 (-3.6%), $111.23 million in FY2022 (-3.5%) and $115.26 million in FY2021 (-3.4%).
- Quarterly Minority Interest has ranged from $40.62 million in Q4 2025 to $121.58 million in Q3 2021 over the past five years.
- On a year-over-year basis, Minority Interest has declined for 38 consecutive quarters, with an average decline of 25.0% over the last eight quarters.
- Across the past five years, year-over-year decline in Minority Interest ran from 3.0% in Q2 2021 to 60.7% in Q3 2025.
- Per Business Quant, the preceding three quarters came in at $40.62 million (Q4 2025), $43.08 million (Q3 2025) and $101.15 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - |
| 10 | Pinnacle West Capital | 12.32 Bn | 12.26 Bn | 712.87 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 42.81 Mn |
| Dec 31, 2025 | 40.62 Mn |
| Sep 30, 2025 | 43.08 Mn |
| Jun 30, 2025 | 101.15 Mn |
| Mar 31, 2025 | 107.47 Mn |
| Dec 31, 2024 | 103.17 Mn |
| Sep 30, 2024 | 109.49 Mn |
| Jun 30, 2024 | 105.18 Mn |
| Mar 31, 2024 | 111.50 Mn |
| Dec 31, 2023 | 107.20 Mn |
| Sep 30, 2023 | 113.52 Mn |
| Jun 30, 2023 | 109.21 Mn |
| Mar 31, 2023 | 115.54 Mn |
| Dec 31, 2022 | 111.23 Mn |
| Sep 30, 2022 | 117.55 Mn |
| Jun 30, 2022 | 113.24 Mn |
| Mar 31, 2022 | 119.57 Mn |
| Dec 31, 2021 | 115.26 Mn |
| Sep 30, 2021 | 121.58 Mn |
| Jun 30, 2021 | 117.28 Mn |
Pinnacle West Capital Minority Interest 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=minority-interest&ticker=PNW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "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=minority-interest&ticker=PNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();