PNW FY 2022 Earnings — Pinnacle West Capital Corporation Revenue & Financial Results | Market Cap Arena

PNWPinnacle West Capital Corporation

$12B

FY 2022 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$4.3B+13.7% YoY

Gross Profit

$1.7B39.5% margin

Operating Income

$732M16.9% margin

Net Income

$484M11.2% margin

EPS (Diluted)

$4.26

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

-$466M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$22.7B

Total Liabilities

$16.6B

Stockholders' Equity

$6.0B

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.3B	$3.8B	+13.7%
Gross Profit	$1.7B	$1.7B	+0.6%
Operating Income	$732M	$805M	-9.1%
Net Income	$484M	$619M	-21.8%