Pinnacle West Capital (PNW) Total Debt (2009 - 2026)
Pinnacle West Capital's Total Debt was $11 billion in Q1 2026, up 13.0% from $9.73 billion a year earlier and up 4.1% from the prior quarter.
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Analysis
Pinnacle West Capital (PNW) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at Pinnacle West Capital came in at $10.56 billion, up 12.0% from FY2024.
- Total Debt has now increased for 13 consecutive years, with a five-year compound annual growth rate of 10.3% (FY2020 to FY2025).
- In earlier years, Total Debt was $9.43 billion in FY2024 (+4.5%), $9.03 billion in FY2023 (+11.0%), $8.13 billion in FY2022 (+10.6%) and $7.36 billion in FY2021 (+13.5%).
- The Q1 2026 figure marks the highest quarterly Total Debt in data going back to Q4 2009.
- Compared with a year earlier, Total Debt has increased for 50 straight quarters, with growth averaging 8.6% over the last eight quarters.
- Over the past five years, the year-over-year growth in Total Debt ranged from 4.5% (Q4 2024) to 13.5% (Q4 2021).
- Per Business Quant data, PNW's Total Debt in the three quarters before Q1 2026 was $10.56 billion (Q4 2025), $10.48 billion (Q3 2025) and $10.26 billion (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 108.46 Bn |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 75.58 Bn |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 90.25 Bn |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | 61.59 Bn |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 52.84 Bn |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 53.22 Bn |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 36.66 Bn |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 34.63 Bn |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 39.46 Bn |
| 10 | Pinnacle West Capital | 12.32 Bn | 12.26 Bn | 712.87 Mn | 11.00 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 11.00 Bn |
| Dec 31, 2025 | 10.56 Bn |
| Sep 30, 2025 | 10.48 Bn |
| Jun 30, 2025 | 10.26 Bn |
| Mar 31, 2025 | 9.73 Bn |
| Dec 31, 2024 | 9.43 Bn |
| Sep 30, 2024 | 9.68 Bn |
| Jun 30, 2024 | 9.59 Bn |
| Mar 31, 2024 | 9.21 Bn |
| Dec 31, 2023 | 9.03 Bn |
| Sep 30, 2023 | 8.84 Bn |
| Jun 30, 2023 | 8.79 Bn |
| Mar 31, 2023 | 8.47 Bn |
| Dec 31, 2022 | 8.13 Bn |
| Sep 30, 2022 | 7.84 Bn |
| Jun 30, 2022 | 7.78 Bn |
| Mar 31, 2022 | 7.49 Bn |
| Dec 31, 2021 | 7.36 Bn |
| Sep 30, 2021 | 7.04 Bn |
| Jun 30, 2021 | 6.97 Bn |
API Access
Pinnacle West Capital Total Debt 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=total-debt&ticker=PNW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=PNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();