Pinnacle West Capital (PNW) Return on Invested Capital [ROIC] (2010 - 2026)
Pinnacle West Capital (PNW) posted Return on Invested Capital [ROIC] of 5.40% for Q3 2026, up 0.35 percentage points from 5.05% a year earlier and up 0.06 percentage points from the prior quarter.
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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).
- Quarterly Return on Invested Capital [ROIC] has run from a low of 4.08% in Q2 2023 to a high of 5.45% in Q1 2026 over five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased in each of the last three quarters, with an average year-over-year change of +0.16 percentage points over the last eight quarters.
- 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 Q2 2022, with a drop of 0.79 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 5.33% (Q2 2026), 5.45% (Q1 2026) and 5.17% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 181.60 Bn | 168.35 Bn | - | 4.66% |
| 2 | Southern | 104.77 Bn | 95.83 Bn | 5.92 Bn | 4.81% |
| 3 | Duke Energy | 99.63 Bn | 95.89 Bn | 5.66 Bn | 5.43% |
| 4 | National Grid | 82.14 Bn | 54.44 Bn | - | - |
| 5 | American Electric Power | 68.86 Bn | 66.65 Bn | 4.75 Bn | 5.76% |
| 6 | Dominion Energy | 60.31 Bn | 58.30 Bn | - | 3.52% |
| 7 | Entergy | 51.91 Bn | 38.35 Bn | - | 5.06% |
| 8 | Sempra | 51.13 Bn | 50.25 Bn | 2.89 Bn | 1.80% |
| 9 | Xcel Energy | 50.13 Bn | 43.61 Bn | - | 4.99% |
| 10 | Pinnacle West Capital | 12.63 Bn | 12.60 Bn | 1.21 Bn | 5.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.40% |
| Jun 30, 2026 | 5.33% |
| 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% |
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();