Pinnacle West Capital (PNW) Return on Invested Capital [ROIC] (2010 - 2026)
Pinnacle West Capital (PNW) posted Return on Invested Capital [ROIC] of 5.45% for Q1 2026, up 0.22 percentage points from 5.23% a year earlier and up 0.28 percentage points from the prior quarter.
Powered by 
Analysis
Pinnacle West Capital (PNW) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Pinnacle West Capital's Return on Invested Capital [ROIC] came in at 5.38%, down 0.06 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] shows a five-year change of -0.51 percentage points (FY2020 to FY2025).
- In prior years, Pinnacle West Capital's Return on Invested Capital [ROIC] was 5.45% in FY2024 (+0.59 pp), 4.85% in FY2023 (+0.25 pp), 4.60% in FY2022 (-0.76 pp) and 5.36% in FY2021 (-0.53 pp).
- The Q1 2026 figure stands as the highest quarterly Return on Invested Capital [ROIC] since Q2 2021.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in five of the last eight quarters, with an average year-over-year change of +0.32 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q2 2024, with a gain of 1.29 percentage points; the weakest was Q3 2021, with a drop of 1.07 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 5.17% (Q4 2025), 5.05% (Q3 2025) and 5.04% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 4.94% |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 4.81% |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 5.41% |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 5.55% |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 3.52% |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 1.94% |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 4.68% |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 4.49% |
| 10 | Pinnacle West Capital | 12.32 Bn | 12.26 Bn | 712.87 Mn | 5.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 5.45% |
| Dec 31, 2025 | 5.17% |
| Sep 30, 2025 | 5.05% |
| Jun 30, 2025 | 5.04% |
| Mar 31, 2025 | 5.23% |
| Dec 31, 2024 | 5.26% |
| Sep 30, 2024 | 5.26% |
| Jun 30, 2024 | 5.37% |
| Mar 31, 2024 | 4.75% |
| Dec 31, 2023 | 4.69% |
| Sep 30, 2023 | 4.61% |
| Jun 30, 2023 | 4.08% |
| Mar 31, 2023 | 4.38% |
| Dec 31, 2022 | 4.47% |
| Sep 30, 2022 | 4.65% |
| Jun 30, 2022 | 4.71% |
| Mar 31, 2022 | 5.06% |
| Dec 31, 2021 | 5.16% |
| Sep 30, 2021 | 5.21% |
| Jun 30, 2021 | 5.50% |
API Access
Pinnacle West Capital Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=PNW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=PNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();