Pinnacle West Capital (PNW) Shares Outstanding (2009 - 2026)
Pinnacle West Capital's Shares Outstanding was 121.36 million in Q1 2026, up 1.5% from 119.59 million a year earlier and up 1.4% from the prior quarter.
Pinnacle West Capital (PNW) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Shares Outstanding at Pinnacle West Capital came in at 119.69 million, up 5.1% from FY2024.
- Shares Outstanding has now increased for 16 consecutive years, with a five-year compound annual growth rate of 1.2% (FY2020 to FY2025).
- In earlier years, Shares Outstanding was 113.85 million in FY2024 (+0.4%), 113.44 million in FY2023 (+0.2%), 113.2 million in FY2022 (+0.3%) and 112.91 million in FY2021 (+0.2%).
- The Q1 2026 figure marks the highest quarterly Shares Outstanding in data going back to Q2 2009.
- Compared with a year earlier, Shares Outstanding has increased for 50 straight quarters, with growth averaging 2.9% over the last eight quarters.
- Over the past five years, the year-over-year growth in Shares Outstanding ranged from 0.2% (Q2 2023) to 5.3% (Q1 2025).
- Per Business Quant data, PNW's Shares Outstanding in the three quarters before Q1 2026 was 119.69 million (Q4 2025), 119.62 million (Q3 2025) and 119.52 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 2.08 Bn |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 1.14 Bn |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 778.00 Mn |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | 989.20 Mn |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 544.20 Mn |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 879.50 Mn |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 654.04 Mn |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 458.75 Mn |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 625.00 Mn |
| 10 | Pinnacle West Capital | 12.32 Bn | 12.26 Bn | 712.87 Mn | 121.36 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 121.36 Mn |
| Dec 31, 2025 | 119.69 Mn |
| Sep 30, 2025 | 119.62 Mn |
| Jun 30, 2025 | 119.52 Mn |
| Mar 31, 2025 | 119.59 Mn |
| Dec 31, 2024 | 113.85 Mn |
| Sep 30, 2024 | 113.73 Mn |
| Jun 30, 2024 | 113.70 Mn |
| Mar 31, 2024 | 113.62 Mn |
| Dec 31, 2023 | 113.44 Mn |
| Sep 30, 2023 | 113.46 Mn |
| Jun 30, 2023 | 113.41 Mn |
| Mar 31, 2023 | 113.36 Mn |
| Dec 31, 2022 | 113.20 Mn |
| Sep 30, 2022 | 113.21 Mn |
| Jun 30, 2022 | 113.17 Mn |
| Mar 31, 2022 | 113.10 Mn |
| Dec 31, 2021 | 112.91 Mn |
| Sep 30, 2021 | 112.92 Mn |
| Jun 30, 2021 | 112.88 Mn |
Pinnacle West Capital Shares Outstanding 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=shares-outstanding&ticker=PNW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=PNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();