PNW FY 2024 Earnings — Pinnacle West Capital Corporation Revenue & Financial Results | Market Cap Arena

PNWPinnacle West Capital Corporation

$12B

FY 2024 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$5.1B+9.1% YoY

Gross Profit

$2.1B41.7% margin

Operating Income

$1.0B19.7% margin

Net Income

$609M11.9% margin

EPS (Diluted)

$5.24

Cash Flow

Operating Cash Flow

$1.6B

Free Cash Flow

-$639M

Stock-Based Comp.

$24M

Balance Sheet

Total Assets

$26.1B

Total Liabilities

$19.2B

Stockholders' Equity

$6.8B

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5.1B	$4.7B	+9.1%
Gross Profit	$2.1B	$1.8B	+15.9%
Operating Income	$1.0B	$825M	+22.7%
Net Income	$609M	$502M	+21.4%