Pinnacle West Capital Corp. (PNW)

Index:

S&P 500

$ 89.09
   
  • Change Today:
    $-0.30
  • 52 Week High: $95.43
  • 52 Week Low: $74.61
  • Currency: US Dollars
  • Shares Issued: 119.10m
  • Volume: 781,701
  • Market Cap: $10,610m
  • RiskGrade: 103
  • Beta: 0.25

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
Revenue 5,124.92 4,695.99 4,324.38 3,803.83 3,586.98
Operating Profit/(Loss) 1,012.06 824.64 731.91 805.31 788.15
Profit Before Tax 736.56 595.69 575.65 746.03 648.22
Profit After Tax 626.03 518.78 500.83 635.94 570.05
           
Earnings per Share - Basic 535.00¢ 442.00¢ 427.00¢ 548.00¢ 489.00¢
Earnings per Share - Adjusted 535.00¢ 442.00¢ 427.00¢ 548.00¢ 489.00¢
           
Dividend per Share 355.00¢ 349.00¢ 343.00¢ 336.00¢ 323.00¢
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Assets          
Non-Current Assets          
Property, Plant & Equipment 20,803.36 20,680.41 18,939.26 15,987.43 15,664.27
Intangible Assets n/a n/a n/a n/a 282.57
Other Non-Current Assets 3,609.99 2,053.77 2,033.59 4,464.69 3,157.83
  24,413.36 22,734.19 20,972.85 20,452.12 19,104.67
Current Assets          
Inventories 501.44 493.55 n/a 349.14 334.30
Cash at Bank & in Hand 3,838.00 4.95 4.83 9.97 59.97
Other Current Assets n/a 1,428.46 1,745.72 1,192.00 804.05
  4,339.44 1,926.97 1,750.55 1,551.10 1,198.32
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 26,102.76 24,661.15 22,723.40 22,003.22 20,302.99
Current Liabilities          
Borrowings 1,468.82 1,552.38 496.61 442.00 243.79
Other Current Liabilities 1,374.98 1,336.96 1,265.53 1,314.87 1,116.65
           
Current Liabilities 2,843.80 2,889.35 1,762.14 1,756.87 1,360.43
           
Net Current Assets c(1,154.39) c(962.38) c(11.59) c(205.77) c(162.11)
           
Borrowings 9,579.53 8,750.81 8,380.53 7,642.14 6,675.60
Other Non-Current Liabilities 6,821.96 6,736.13 6,420.85 n/a 6,231.59
Non-Current Liabilities 16,401.49 15,486.94 14,801.39 7,642.14 12,907.19
           
Other Liabilities n/a n/a n/a 6,582.76 n/a
Total Liabilities 19,245.28 18,376.29 16,563.53 15,981.76 14,267.63
           
Net Assets 6,857.48 6,284.86 6,159.88 6,021.46 5,752.79
           
Shareholders Funds 6,754.31 6,177.66 6,048.65 5,906.20 5,633.50
           
Minority Interests/Other Equity 103.17 107.20 111.23 115.26 119.29
Total Equity 6,857.48 6,284.86 6,159.88 6,021.46 5,752.79
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities 1,609.82 1,207.70 1,241.44 860.01 966.36
Net Cash Flow from Investing Activities (1,933.63) (1,694.25) (1,618.05) (1,386.93) (1,277.82)
Net Cash Flow from Financing Activities 322.69 486.67 371.47 476.92 361.14
Net Increase/Decrease In Cash (1.12) 0.12 (5.14) (50.00) 49.69
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
PE Ratio - Adjusted 15.8 16.3 17.8 12.9 16.3
PEG - Adjusted 0.8 4.1 n/a 1.1 8.2
Earnings per Share Growth - Adjusted 21% 4% -22% 12% 2%
Dividend Cover 1.51 1.27 1.24 1.63 1.51
Revenue per Share 4,303.14¢ 3,943.00¢ 3,630.98¢ 3,193.90¢ 3,011.82¢
Pre-Tax Profit per Share 618.45¢ 500.18¢ 483.35¢ 626.40¢ 544.28¢
Operating Margin 19.75% 17.56% 16.93% 21.17% 21.97%
Return on Capital Employed 4.11% 3.59% 3.83% 5.29% 5.23%
           
Dividend Yield 4.2% 4.9% 4.5% 4.8% 4.0%
Dividend per Share Growth 1.72% 1.75% 2.08% 4.02% 6.25%
Operating Cash Flow per Share 1,351.69¢ 1,014.04¢ 1,042.38¢ 722.11¢ 811.41¢
Cash Incr/Decr per Share (0.94¢) 0.10¢ (4.31¢) (41.98¢) 41.72¢
Net Asset Value per Share (exc. Intangibles) 5,757.89¢ 5,277.10¢ 5,172.15¢ 5,055.93¢ 4,593.08¢
Net Gearing 106.75% 166.70% 146.68% 136.71% 121.76%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

Top of Page