Pinnacle West Capital (PNW) Property, Plant & Equipment (Net) (2009 - 2026)
Pinnacle West Capital (PNW) reported Property, Plant & Equipment (Net) of $21.05 billion for Q1 2026, up 7.3% from $19.61 billion a year earlier and up 1.6% from the prior quarter.
Pinnacle West Capital (PNW) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Pinnacle West Capital posted Property, Plant & Equipment (Net) of $20.72 billion, up 7.9% from FY2024.
- Property, Plant & Equipment (Net) has increased for 16 consecutive years, with a five-year compound annual growth rate of 6.4% (FY2020 to FY2025).
- By year, Property, Plant & Equipment (Net) came in at $19.2 billion in FY2024 (+6.8%), $17.98 billion in FY2023 (+6.7%), $16.85 billion in FY2022 (+5.4%) and $15.99 billion in FY2021 (+5.5%).
- The Q1 2026 figure ranks as the highest quarterly Property, Plant & Equipment (Net) in data going back to Q4 2009.
- Year over year, Property, Plant & Equipment (Net) has now increased in each of the last 50 quarters, with growth averaging 7.4% over the last eight quarters.
- The year-over-year growth in Property, Plant & Equipment (Net) has ranged between 4.8% (Q2 2021) and 8.1% (Q2 2025) over the last five years.
- Per Business Quant data, the three quarters before Q1 2026 came in at $20.72 billion (Q4 2025), $20.33 billion (Q3 2025) and $20.06 billion (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 170.45 Bn |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 118.35 Bn |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 132.27 Bn |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | 107.38 Bn |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | - |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 81.74 Bn |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 49.74 Bn |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 57.12 Bn |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 69.50 Bn |
| 10 | Pinnacle West Capital | 12.32 Bn | 12.26 Bn | 712.87 Mn | 21.05 Bn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 21.05 Bn |
| Dec 31, 2025 | 20.72 Bn |
| Sep 30, 2025 | 20.33 Bn |
| Jun 30, 2025 | 20.06 Bn |
| Mar 31, 2025 | 19.61 Bn |
| Dec 31, 2024 | 19.20 Bn |
| Sep 30, 2024 | 18.88 Bn |
| Jun 30, 2024 | 18.57 Bn |
| Mar 31, 2024 | 18.26 Bn |
| Dec 31, 2023 | 17.98 Bn |
| Sep 30, 2023 | 17.61 Bn |
| Jun 30, 2023 | 17.41 Bn |
| Mar 31, 2023 | 17.12 Bn |
| Dec 31, 2022 | 16.85 Bn |
| Sep 30, 2022 | 16.61 Bn |
| Jun 30, 2022 | 16.38 Bn |
| Mar 31, 2022 | 16.15 Bn |
| Dec 31, 2021 | 15.99 Bn |
| Sep 30, 2021 | 15.67 Bn |
| Jun 30, 2021 | 15.51 Bn |
Pinnacle West Capital Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=PNW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=PNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();