Pinnacle West Capital (PNW) Return on Equity [ROE] (2010 - 2026)
Pinnacle West Capital (PNW) recorded Return on Equity [ROE] of 9.18% in Q3 2026, up 0.47 percentage points from 8.71% a year earlier and unchanged from the prior quarter.
Powered by 
Analysis
Pinnacle West Capital (PNW) Return on Equity [ROE] (2010 - 2026) Analysis & Trends
For FY2025, Pinnacle West Capital reported Return on Equity [ROE] of 9.06%, down 0.47 percentage points from FY2024.
- Annual Return on Equity [ROE] has a five-year change of -1.02 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Equity [ROE] came in at 9.53% in FY2024 (+1.19 pp), 8.34% in FY2023 (+0.11 pp), 8.22% in FY2022 (-2.58 pp) and 10.80% in FY2021 (+0.72 pp).
- Quarterly Return on Equity [ROE] has ranged from 6.91% in Q2 2023 to 10.42% in Q4 2021 over the past five years.
- On a year-over-year basis, Return on Equity [ROE] has increased for three consecutive quarters, with an average year-over-year change of +0.02 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 3.16 percentage points in Q2 2024, against a drop of 2.47 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.18% (Q2 2026), 9.40% (Q1 2026) and 8.84% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 181.60 Bn | 168.35 Bn | - | 13.86% |
| 2 | Southern | 104.77 Bn | 95.83 Bn | 5.92 Bn | 7.99% |
| 3 | Duke Energy | 99.63 Bn | 95.89 Bn | 5.66 Bn | 9.50% |
| 4 | National Grid | 82.14 Bn | 54.44 Bn | - | - |
| 5 | American Electric Power | 68.86 Bn | 66.65 Bn | 4.75 Bn | 10.18% |
| 6 | Dominion Energy | 60.31 Bn | 58.30 Bn | - | 7.43% |
| 7 | Entergy | 51.91 Bn | 38.35 Bn | - | 10.81% |
| 8 | Sempra | 51.13 Bn | 50.25 Bn | 2.89 Bn | 6.86% |
| 9 | Xcel Energy | 50.13 Bn | 43.61 Bn | - | 10.77% |
| 10 | Pinnacle West Capital | 12.63 Bn | 12.60 Bn | 1.21 Bn | 9.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.18% |
| Jun 30, 2026 | 9.18% |
| Mar 31, 2026 | 9.40% |
| Dec 31, 2025 | 8.84% |
| Sep 30, 2025 | 8.71% |
| Jun 30, 2025 | 8.68% |
| Mar 31, 2025 | 8.82% |
| Dec 31, 2024 | 9.22% |
| Sep 30, 2024 | 9.70% |
| Jun 30, 2024 | 10.08% |
| Mar 31, 2024 | 8.56% |
| Dec 31, 2023 | 8.12% |
| Sep 30, 2023 | 7.88% |
| Jun 30, 2023 | 6.91% |
| Mar 31, 2023 | 7.80% |
| Dec 31, 2022 | 8.00% |
| Sep 30, 2022 | 8.92% |
| Jun 30, 2022 | 9.38% |
| Mar 31, 2022 | 10.22% |
| Dec 31, 2021 | 10.42% |
API Access
Pinnacle West Capital Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=PNW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=PNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();