Pinnacle West Capital (PNW) Revenue & Revenue Breakdown


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Pinnacle West Capital Revenue Highlights


Latest Revenue (Y)

$4.70B

Latest Revenue (Q)

$1.31B

Main Segment (Y)

Retail Electric Service

Pinnacle West Capital Revenue by Period


Pinnacle West Capital Revenue by Year

DateRevenueChange
2023-12-31$4.70B8.59%
2022-12-31$4.32B13.68%
2021-12-31$3.80B6.05%
2020-12-31$3.59B3.34%
2019-12-31$3.47B-5.96%
2018-12-31$3.69B3.53%
2017-12-31$3.57B1.90%
2016-12-31$3.50B0.09%
2015-12-31$3.50B0.11%
2014-12-31$3.49B1.07%
2013-12-31$3.45B4.63%
2012-12-31$3.30B1.86%
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$3.52B3.58%
2006-12-31$3.40B13.85%
2005-12-31$2.99B3.04%
2004-12-31$2.90B2.91%
2003-12-31$2.82B6.85%
2002-12-31$2.64B-42.06%
2001-12-31$4.55B23.34%
2000-12-31$3.69B52.27%
1999-12-31$2.42B13.74%
1998-12-31$2.13B6.79%
1997-12-31$2.00B9.75%
1996-12-31$1.82B8.86%
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

DateRevenueChange
2024-06-30$1.31B37.54%
2024-03-31$951.71M-4.02%
2023-12-31$991.57M-39.46%
2023-09-30$1.64B46.01%
2023-06-30$1.12B18.70%
2023-03-31$944.96M-6.38%
2022-12-31$1.01B-31.33%
2022-09-30$1.47B38.45%
2022-06-30$1.06B35.50%
2022-03-31$783.53M-1.92%
2021-12-31$798.86M-38.94%
2021-09-30$1.31B30.79%
2021-06-30$1.00B43.62%
2021-03-31$696.48M-6.00%
2020-12-31$740.96M-40.94%
2020-09-30$1.25B34.95%
2020-06-30$929.59M40.44%
2020-03-31$661.93M-1.26%
2019-12-31$670.39M-43.70%
2019-09-30$1.19B36.95%
2019-06-30$869.50M17.42%
2019-03-31$740.53M-2.09%
2018-12-31$756.38M-40.35%
2018-09-30$1.27B30.17%
2018-06-30$974.12M40.62%
2018-03-31$692.71M-8.81%
2017-12-31$759.66M-35.80%
2017-09-30$1.18B25.27%
2017-06-30$944.59M39.38%
2017-03-31$677.73M-8.32%
2016-12-31$739.20M-36.65%
2016-09-30$1.17B27.48%
2016-06-30$915.39M35.18%
2016-03-31$677.17M-7.80%
2015-12-31$734.43M-38.75%
2015-09-30$1.20B34.64%
2015-06-30$890.65M32.69%
2015-03-31$671.22M-7.60%
2014-12-31$726.45M-38.05%
2014-09-30$1.17B29.40%
2014-06-30$906.26M32.06%
2014-03-31$686.25M-1.93%
2013-12-31$699.76M-39.28%
2013-09-30$1.15B25.83%
2013-06-30$915.82M33.37%
2013-03-31$686.65M-0.93%
2012-12-31$693.12M-37.53%
2012-09-30$1.11B26.28%
2012-06-30$878.58M41.56%
2012-03-31$620.63M-7.08%
2011-12-31$667.89M-40.62%
2011-09-30$1.12B40.64%
2011-06-30$799.80M21.26%
2011-03-31$659.58M-3.52%
2010-12-31$683.61M-39.99%
2010-09-30$1.14B38.81%
2010-06-30$820.59M29.51%
2010-03-31$633.59M-7.89%
2009-12-31$687.85M-39.83%
2009-09-30$1.14B36.07%
2009-06-30$840.05M33.47%
2009-03-31$629.39M0.84%
2008-12-31$624.17M-42.21%
2008-09-30$1.08B16.60%
2008-06-30$926.19M25.72%
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/ServiceDec 23Dec 22Dec 21Dec 20Dec 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/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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


TickerCompanyLast Year RevenueLast Quarter Revenue
EIXEdison$16.34B$5.37B
FEFirstEnergy$12.87B$3.73B
DTEDTE Energy Company$12.74B$2.91B
PEGPublic Service Enterprise Group$11.24B$2.42B
CNPCenterPoint Energy$8.70B$1.86B
AGRAvangrid$8.31B$2.08B
AEEAmeren$7.50B$1.69B
CMSCMS Energy$7.46B$1.74B
EVRGEvergy$5.49B$1.33B
PNWPinnacle West Capital$4.70B$1.31B
LNTAlliant Energy$4.03B$1.01B
PORPortland General Electric Company$2.92B$942.00M
IDAIDACORP$1.77B$528.53M
MGEEMGE Energy$690.43M$191.34M

PNW Revenue FAQ


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.

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).

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%.

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.

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.