Pinnacle West Capital (PNW) Revenue & Revenue Breakdown
Pinnacle West Capital Revenue Highlights
Latest Revenue (Y)
$4.70B
Latest Revenue (Q)
$1.31B
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 |
|---|---|---|
| 2024-06-30 | $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 $1.31B in revenue during Q2 2024, up 37.54% compared to the previous quarter, and up 138.52% 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 | - | - | - |
| Retail Electric Service | $2.29B | $2.05B | - | - | - |
| Other Services | $10.76M | $10.90M | $16.65M | $12.50M | $16.31M |
| Transmission Services | $138.63M | $116.63M | $99.28M | $65.86M | $62.46M |
| 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 | 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 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Electric and Transmission Service | $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 | $1.18B | - | - | - | - | - | - |
| Electric Service | $658.16M | $43.50M | $108.54M | $18.01M | $17.60M | $17.12M | $45.63M | $15.93M | $14.67M | $26.59M | $36.77M | - | - | - | - | - | - | - | - | - |
| Wholesale Energy | $10.26M | $26.86M | $57.80M | $27.28M | $95.60M | $139.74M | $29.90M | $28.90M | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | $15.84M |
| Retail Electric Service | - | $461.48M | $453.76M | $883.39M | $542.32M | $409.72M | $398.12M | $743.06M | $537.59M | $367.35M | - | - | - | - | - | - | - | - | - | - |
| 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 | $4.10M |
Pinnacle West Capital's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Electric Service (94.57%), Electric and Transmission Service (3.96%), and Wholesale Energy (1.47%).
Pinnacle West Capital Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| EIX | Edison | $16.34B | $4.34B |
| FE | FirstEnergy | $12.87B | $3.28B |
| DTE | DTE Energy | $12.74B | $2.88B |
| PEG | Public Service Enterprise Group | $11.24B | $2.42B |
| CNP | CenterPoint Energy | $8.70B | $1.91B |
| AGR | Avangrid | $8.31B | $1.92B |
| AEE | Ameren | $7.50B | $1.69B |
| CMS | CMS Energy | $7.46B | $1.61B |
| EVRG | Evergy | $5.49B | $1.33B |
| PNW | Pinnacle West Capital | $4.70B | $1.31B |
| LNT | Alliant Energy | $4.03B | $799.00M |
| POR | Portland General Electric | $2.92B | $758.00M |
| IDA | IDACORP | $1.77B | $451.04M |
| MGEE | MGE Energy | $690.43M | $191.34M |
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 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). The company'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). PNW's quarterly revenue for Q4 2023 was $991.57M, a -39.46% decrease from the previous quarter (Q3 2023), and a -1.76% decrease year-over-year (Q4 2022).
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, Retail Electric Service, Other Services, and Transmission Services. Wholesale generated $208.98M in revenue, accounting 7.89% of the company's total revenue, down -45.45% 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. 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.
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.