Pinnacle West Capital (PNW) Return on Capital Employed [ROCE] (2010 - 2026)
Pinnacle West Capital (PNW) reported Return on Capital Employed [ROCE] of 4.13% for Q1 2026, down 0.14 percentage points from 4.27% a year earlier but up 0.14 percentage points from the prior quarter.
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Analysis
Pinnacle West Capital (PNW) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Pinnacle West Capital posted Return on Capital Employed [ROCE] of 4.29%, down 0.20 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a five-year change of -0.12 percentage points (FY2020 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at 4.49% in FY2024 (+0.53 pp), 3.96% in FY2023 (+0.41 pp), 3.55% in FY2022 (-0.63 pp) and 4.18% in FY2021 (-0.22 pp).
- Five-year quarterly Return on Capital Employed [ROCE] spans a low of 3.15% in Q2 2023 and a high of 4.39% in Q3 2024.
- Year over year, Return on Capital Employed [ROCE] has now declined in each of the last four quarters, with an average year-over-year change of +0.20 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q2 2024 (a gain of 1.23 percentage points); the low point was Q2 2022 (a drop of 0.64 percentage points).
- Per Business Quant data, the three quarters before Q1 2026 came in at 3.98% (Q4 2025), 3.88% (Q3 2025) and 4.02% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 4.32% |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 5.08% |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 5.10% |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 4.97% |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 3.53% |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 2.73% |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 4.51% |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 3.61% |
| 10 | Pinnacle West Capital | 12.32 Bn | 12.26 Bn | 712.87 Mn | 4.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 4.13% |
| Dec 31, 2025 | 3.98% |
| Sep 30, 2025 | 3.88% |
| Jun 30, 2025 | 4.02% |
| Mar 31, 2025 | 4.27% |
| Dec 31, 2024 | 4.33% |
| Sep 30, 2024 | 4.39% |
| Jun 30, 2024 | 4.38% |
| Mar 31, 2024 | 3.87% |
| Dec 31, 2023 | 3.81% |
| Sep 30, 2023 | 3.54% |
| Jun 30, 2023 | 3.15% |
| Mar 31, 2023 | 3.40% |
| Dec 31, 2022 | 3.48% |
| Sep 30, 2022 | 3.62% |
| Jun 30, 2022 | 3.72% |
| Mar 31, 2022 | 3.96% |
| Dec 31, 2021 | 4.02% |
| Sep 30, 2021 | 4.00% |
| Jun 30, 2021 | 4.36% |
API Access
Pinnacle West Capital Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=PNW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=PNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();