Pinnacle West Capital (PNW) Net Margin (2009 - 2026)
Pinnacle West Capital (PNW) posted Net Margin of 2.86% for Q1 2026, up 3.31 percentage points from -0.45% a year earlier and up 1.50 percentage points from the prior quarter.
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Analysis
Pinnacle West Capital (PNW) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Mar 31, 2026, Net Margin at Pinnacle West Capital was 11.99%, up 0.70 percentage points year-over-year; for FY2025, it came in at 11.55%, down 0.33 percentage points from FY2024.
- Annual Net Margin shows a five-year change of -3.80 percentage points (FY2020 to FY2025).
- In prior years, Pinnacle West Capital's Net Margin was 11.88% in FY2024 (+1.20 pp), 10.68% in FY2023 (-0.50 pp), 11.18% in FY2022 (-5.08 pp) and 16.27% in FY2021 (+0.92 pp).
- Quarterly Net Margin has run from a low of -2.38% in Q4 2022 to a high of 25.97% in Q3 2021 over five years.
- On a year-over-year basis, Net Margin has increased in each of the last three quarters, with an average year-over-year change of +0.69 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2021, with a gain of 6.07 percentage points; the weakest was Q2 2022, with a drop of 6.09 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 1.37% (Q4 2025), 22.69% (Q3 2025) and 14.17% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 41.73% |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 16.83% |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 16.74% |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 7.77% |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 7.59% |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 26.56% |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 13.70% |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 18.79% |
| 10 | Pinnacle West Capital | 12.32 Bn | 12.26 Bn | 712.87 Mn | 2.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.86% |
| Dec 31, 2025 | 1.37% |
| Sep 30, 2025 | 22.69% |
| Jun 30, 2025 | 14.17% |
| Mar 31, 2025 | -0.45% |
| Dec 31, 2024 | -0.62% |
| Sep 30, 2024 | 22.33% |
| Jun 30, 2024 | 15.57% |
| Mar 31, 2024 | 1.77% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 24.31% |
| Jun 30, 2023 | 9.51% |
| Mar 31, 2023 | -0.35% |
| Dec 31, 2022 | -2.38% |
| Sep 30, 2022 | 22.20% |
| Jun 30, 2022 | 15.48% |
| Mar 31, 2022 | 2.16% |
| Dec 31, 2021 | 3.45% |
| Sep 30, 2021 | 25.97% |
| Jun 30, 2021 | 21.56% |
API Access
Pinnacle West Capital Net 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=net-margin&ticker=PNW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=PNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();