Pinnacle West Capital (PNW) Total Debt (2009 - 2026)
Pinnacle West Capital's Total Debt was $11.43 billion in Q3 2026, up 9.0% from $10.48 billion a year earlier and up 0.5% from the prior quarter.
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 Q3 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 52 straight quarters, with growth averaging 8.8% 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 Q3 2026 was $11.37 billion (Q2 2026), $11 billion (Q1 2026) and $10.56 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 181.60 Bn | 168.35 Bn | - | 110.22 Bn |
| 2 | Southern | 104.77 Bn | 95.83 Bn | 5.92 Bn | 75.58 Bn |
| 3 | Duke Energy | 99.63 Bn | 95.89 Bn | 5.66 Bn | 91.24 Bn |
| 4 | National Grid | 82.14 Bn | 54.44 Bn | - | 61.59 Bn |
| 5 | American Electric Power | 68.86 Bn | 66.65 Bn | 4.75 Bn | 54.42 Bn |
| 6 | Dominion Energy | 60.31 Bn | 58.30 Bn | - | 53.42 Bn |
| 7 | Entergy | 51.91 Bn | 38.35 Bn | - | 34.81 Bn |
| 8 | Sempra | 51.13 Bn | 50.25 Bn | 2.89 Bn | 36.66 Bn |
| 9 | Xcel Energy | 50.13 Bn | 43.61 Bn | - | 40.60 Bn |
| 10 | Pinnacle West Capital | 12.63 Bn | 12.60 Bn | 1.21 Bn | 11.43 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.43 Bn |
| Jun 30, 2026 | 11.37 Bn |
| 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 |
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_KEY
import 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();