Pinnacle West Capital (PNW) Revenue & Revenue Breakdown

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Pinnacle West Capital Revenue Highlights

Latest Revenue (Y)

$4.70B

Latest Revenue (Q)

$1.77B

Main Segment (Y)

Retail Electric Service

Pinnacle West Capital Revenue by Period

Pinnacle West Capital Revenue by Year

Date	Revenue	Change
2023-12-31	$4.70B	8.59%
2022-12-31	$4.32B	13.68%
2021-12-31	$3.80B	6.05%
2020-12-31	$3.59B	3.34%
2019-12-31	$3.47B	-5.96%
2018-12-31	$3.69B	3.53%
2017-12-31	$3.57B	1.90%
2016-12-31	$3.50B	0.09%
2015-12-31	$3.50B	0.11%
2014-12-31	$3.49B	1.07%
2013-12-31	$3.45B	4.63%
2012-12-31	$3.30B	1.86%
2011-12-31	$3.24B	-0.68%
2010-12-31	$3.26B	-1.01%
2009-12-31	$3.30B	-2.08%
2008-12-31	$3.37B	-4.44%
2007-12-31	$3.52B	3.58%
2006-12-31	$3.40B	13.85%
2005-12-31	$2.99B	3.04%
2004-12-31	$2.90B	2.91%
2003-12-31	$2.82B	6.85%
2002-12-31	$2.64B	-42.06%
2001-12-31	$4.55B	23.34%
2000-12-31	$3.69B	52.27%
1999-12-31	$2.42B	13.74%
1998-12-31	$2.13B	6.79%
1997-12-31	$2.00B	9.75%
1996-12-31	$1.82B	8.86%
1995-12-31	$1.67B	-0.93%
1994-12-31	$1.69B	-1.92%
1993-12-31	$1.72B	-

Pinnacle West Capital generated $4.70B in revenue during NA 2023, up 8.59% compared to the previous quarter, and up 127.22% compared to the same period a year ago.

Pinnacle West Capital Revenue by Quarter

Date	Revenue	Change
2024-09-30	$1.77B	35.13%
2024-06-30	$1.31B	37.54%
2024-03-31	$951.71M	-4.02%
2023-12-31	$991.57M	-39.46%
2023-09-30	$1.64B	46.01%
2023-06-30	$1.12B	18.70%
2023-03-31	$944.96M	-6.38%
2022-12-31	$1.01B	-31.33%
2022-09-30	$1.47B	38.45%
2022-06-30	$1.06B	35.50%
2022-03-31	$783.53M	-1.92%
2021-12-31	$798.86M	-38.94%
2021-09-30	$1.31B	30.79%
2021-06-30	$1.00B	43.62%
2021-03-31	$696.48M	-6.00%
2020-12-31	$740.96M	-40.94%
2020-09-30	$1.25B	34.95%
2020-06-30	$929.59M	40.44%
2020-03-31	$661.93M	-1.26%
2019-12-31	$670.39M	-43.70%
2019-09-30	$1.19B	36.95%
2019-06-30	$869.50M	17.42%
2019-03-31	$740.53M	-2.09%
2018-12-31	$756.38M	-40.35%
2018-09-30	$1.27B	30.17%
2018-06-30	$974.12M	40.62%
2018-03-31	$692.71M	-8.81%
2017-12-31	$759.66M	-35.80%
2017-09-30	$1.18B	25.27%
2017-06-30	$944.59M	39.38%
2017-03-31	$677.73M	-8.32%
2016-12-31	$739.20M	-36.65%
2016-09-30	$1.17B	27.48%
2016-06-30	$915.39M	35.18%
2016-03-31	$677.17M	-7.80%
2015-12-31	$734.43M	-38.75%
2015-09-30	$1.20B	34.64%
2015-06-30	$890.65M	32.69%
2015-03-31	$671.22M	-7.60%
2014-12-31	$726.45M	-38.05%
2014-09-30	$1.17B	29.40%
2014-06-30	$906.26M	32.06%
2014-03-31	$686.25M	-1.93%
2013-12-31	$699.76M	-39.28%
2013-09-30	$1.15B	25.83%
2013-06-30	$915.82M	33.37%
2013-03-31	$686.65M	-0.93%
2012-12-31	$693.12M	-37.53%
2012-09-30	$1.11B	26.28%
2012-06-30	$878.58M	41.56%
2012-03-31	$620.63M	-7.08%
2011-12-31	$667.89M	-40.62%
2011-09-30	$1.12B	40.64%
2011-06-30	$799.80M	21.26%
2011-03-31	$659.58M	-3.52%
2010-12-31	$683.61M	-39.99%
2010-09-30	$1.14B	38.81%
2010-06-30	$820.59M	29.51%
2010-03-31	$633.59M	-7.89%
2009-12-31	$687.85M	-39.83%
2009-09-30	$1.14B	36.07%
2009-06-30	$840.05M	33.47%
2009-03-31	$629.39M	0.84%
2008-12-31	$624.17M	-42.21%
2008-09-30	$1.08B	16.60%
2008-06-30	$926.19M	25.72%
2008-03-31	$736.74M	-2.95%
2007-12-31	$759.12M	-

Pinnacle West Capital generated $1.77B in revenue during Q3 2024, up 35.13% compared to the previous quarter, and up 157.69% compared to the same period a year ago.

Pinnacle West Capital Revenue Breakdown

Pinnacle West Capital Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Wholesale	$208.99M	$383.13M	-	-	-
Other Services	$10.76M	$10.90M	$16.65M	$12.50M	$16.31M
Transmission Services	$138.63M	$116.63M	$99.28M	$65.86M	$62.46M
Retail Electric Service	$2.29B	$2.05B	-	-	-
Electric Service	-	-	$187.64M	$93.34M	$121.81M

Pinnacle West Capital's latest annual revenue breakdown by segment (product or service), as of Dec 23: Retail Electric Service (86.46%), Wholesale (7.89%), Transmission Services (5.24%), and Other Services (0.41%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Wholesale Energy	$39.30M	$10.26M	$26.86M	$57.80M	$27.28M	$95.60M	$139.74M	$29.90M	$28.90M	-	-	-	-	-	-	-	-	-	-	-
Electric and Transmission Service	$38.70M	$27.54M	$1.64B	$1.11B	$922.00M	$1.47B	$1.06B	$772.00M	$1.30B	$980.00M	$682.00M	$1.24B	$915.00M	$648.00M	-	-	-	-	-	-
Electric Service	$966.56M	$658.16M	$43.50M	$108.54M	$18.01M	$17.60M	$17.12M	$45.63M	$15.93M	$14.67M	$26.59M	-	-	-	-	-	-	-	-	-
Other Services	-	-	$2.96M	$2.71M	$4.12M	$2.24M	$1.70M	$3.70M	$2.77M	$2.16M	$2.27M	$4.12M	$1.31M	$6.95M	$4.26M	$3.47M	$3.47M	$2.65M	$2.91M	$3.75M
Retail Electric Service	-	-	$461.48M	$453.76M	$883.39M	$542.32M	$409.72M	$398.12M	$743.06M	$537.59M	$367.35M	-	-	-	-	-	-	-	-	-
Transmission Services	-	-	$27.71M	$30.40M	$43.29M	$33.15M	$31.79M	$25.46M	$36.32M	$29.35M	$25.49M	$21.90M	$35.82M	$22.58M	$18.99M	$17.17M	$18.00M	$14.77M	$15.93M	$16.21M

Pinnacle West Capital's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Electric Service (92.53%), Wholesale Energy (3.76%), and Electric and Transmission Service (3.71%).

Pinnacle West Capital Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
EIX	Edison	$16.34B	$5.37B
FE	FirstEnergy	$12.87B	$3.73B
DTE	DTE Energy Company	$12.74B	$2.91B
PEG	Public Service Enterprise Group	$11.24B	$2.64B
CNP	CenterPoint Energy	$8.70B	$1.86B
AGR	Avangrid	$8.31B	$2.08B
AEE	Ameren	$7.50B	$2.17B
CMS	CMS Energy	$7.46B	$1.74B
EVRG	Evergy	$5.49B	$1.45B
PNW	Pinnacle West Capital	$4.70B	$1.77B
LNT	Alliant Energy	$4.03B	$1.01B
POR	Portland General Electric Company	$2.92B	$942.00M
IDA	IDACORP	$1.77B	$528.53M
MGEE	MGE Energy	$690.43M	$145.71M

PNW Revenue FAQ

What is Pinnacle West Capital’s yearly revenue?

Pinnacle West Capital's yearly revenue for 2023 was $4.7B, representing an increase of 8.59% compared to 2022. The company's yearly revenue for 2022 was $4.32B, representing an increase of 13.68% compared to 2021. PNW's yearly revenue for 2021 was $3.8B, representing an increase of 6.05% compared to 2020.

What is Pinnacle West Capital’s quarterly revenue?

Pinnacle West Capital's quarterly revenue for Q3 2024 was $1.77B, a 35.13% increase from the previous quarter (Q2 2024), and a 8.00% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.31B, a 37.54% increase from the previous quarter (Q1 2024), and a 16.70% increase year-over-year (Q2 2023). PNW's quarterly revenue for Q1 2024 was $951.71M, a -4.02% decrease from the previous quarter (Q4 2023), and a 0.72% increase year-over-year (Q1 2023).

What is Pinnacle West Capital’s revenue growth rate?

Pinnacle West Capital's revenue growth rate for the last 3 years (2021-2023) was 23.45%, and for the last 5 years (2019-2023) was 35.28%.

What are Pinnacle West Capital’s revenue streams?

Pinnacle West Capital's revenue streams in c 23 are Wholesale, Other Services, Transmission Services, and Retail Electric Service. Wholesale generated $208.98M in revenue, accounting 7.89% of the company's total revenue, down -45.45% year-over-year. Other Services generated $10.76M in revenue, accounting 0.41% of the company's total revenue, down -1.29% year-over-year. Transmission Services generated $138.63M in revenue, accounting 5.24% of the company's total revenue, up 18.87% year-over-year. Retail Electric Service generated $2.29B in revenue, accounting 86.46% of the company's total revenue, up 11.88% year-over-year.

What is Pinnacle West Capital’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Pinnacle West Capital was Retail Electric Service. This segment made a revenue of $2.29B, representing 86.46% of the company's total revenue.