PNW Q1 2018 Earnings — Pinnacle West Capital Corporation Revenue & Financial Results | Market Cap Arena

PNWPinnacle West Capital Corporation

$12B

Q1 2018 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$693M+2.2% YoY

Gross Profit

$230M33.2% margin

Operating Income

$31M4.5% margin

Net Income

$3M0.5% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

-8.8%

Cash Flow

Operating Cash Flow

$167M

Free Cash Flow

-$194M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$17.1B

Total Liabilities

$12.0B

Stockholders' Equity

$5.0B

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$693M	$678M	+2.2%
Gross Profit	$230M	$239M	-3.9%
Operating Income	$31M	$67M	-53.5%
Net Income	$3M	$23M	-86.2%

Revenue Segments

Electric and Transmission Service

$683M97%

Transmission Services

$15M2%

Other Services

$6M1%