Pinnacle West Capital (PNW) Tax Rate (2009 - 2026)
Pinnacle West Capital (PNW) reported Tax Rate of 15.55% for Q3 2026, down 0.17 percentage points from 15.72% a year earlier but up 0.79 percentage points from the prior quarter.
Powered by 
Analysis
Pinnacle West Capital (PNW) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Pinnacle West Capital's Tax Rate came in at 14.41%, down 0.44 percentage points year-over-year; for FY2025, it came in at 14.45%, down 0.55 percentage points from FY2024.
- Tax Rate has a five-year change of +2.39 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 15.01% in FY2024 (+2.09 pp), 12.91% in FY2023 (-0.09 pp), 13.00% in FY2022 (-1.76 pp) and 14.76% in FY2021 (+2.70 pp).
- Five-year quarterly Tax Rate spans a low of 3.22% in Q1 2026 and a high of 53.97% in Q1 2023.
- Year over year, Tax Rate gained in two of the last four quarters, with an average year-over-year change of +0.29 percentage points.
- The high point for year-over-year Tax Rate in five years was Q1 2023 (a gain of 37.60 percentage points); the low point was Q1 2024 (a drop of 38.44 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 181.60 Bn | 168.35 Bn | - | 13.16% |
| 2 | Southern | 104.77 Bn | 95.83 Bn | 5.92 Bn | 13.60% |
| 3 | Duke Energy | 99.63 Bn | 95.89 Bn | 5.66 Bn | 12.26% |
| 4 | National Grid | 82.14 Bn | 54.44 Bn | - | - |
| 5 | American Electric Power | 68.86 Bn | 66.65 Bn | 4.75 Bn | 9.48% |
| 6 | Dominion Energy | 60.31 Bn | 58.30 Bn | - | 16.49% |
| 7 | Entergy | 51.91 Bn | 38.35 Bn | - | 22.76% |
| 8 | Sempra | 51.13 Bn | 50.25 Bn | 2.89 Bn | 22.09% |
| 9 | Xcel Energy | 50.13 Bn | 43.61 Bn | - | 6.71% |
| 10 | Pinnacle West Capital | 12.63 Bn | 12.60 Bn | 1.21 Bn | 15.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.55% |
| Jun 30, 2026 | 14.76% |
| Mar 31, 2026 | 3.22% |
| Sep 30, 2025 | 15.72% |
| Jun 30, 2025 | 15.10% |
| Sep 30, 2024 | 15.68% |
| Jun 30, 2024 | 13.48% |
| Mar 31, 2024 | 15.53% |
| Dec 31, 2023 | 39.42% |
| Sep 30, 2023 | 12.41% |
| Jun 30, 2023 | 12.53% |
| Mar 31, 2023 | 53.97% |
| Sep 30, 2022 | 13.75% |
| Jun 30, 2022 | 13.66% |
| Mar 31, 2022 | 16.37% |
| Sep 30, 2021 | 17.28% |
| Jun 30, 2021 | 17.50% |
| Sep 30, 2020 | 18.03% |
| Jun 30, 2020 | 17.14% |
| Sep 30, 2019 | 14.38% |
API Access
Pinnacle West Capital Tax Rate 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=tax-rate&ticker=PNW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=PNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();