PNW Q1 2019 Earnings — Pinnacle West Capital Corporation Revenue & Financial Results | Market Cap Arena

PNWPinnacle West Capital Corporation

$12B

Q1 2019 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$741M+6.9% YoY

Gross Profit

$264M35.7% margin

Operating Income

$60M8.1% margin

Net Income

$18M2.4% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

-2.1%

Cash Flow

Operating Cash Flow

$173M

Free Cash Flow

-$86M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$17.9B

Total Liabilities

$12.5B

Stockholders' Equity

$5.3B

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$741M	$693M	+6.9%
Gross Profit	$264M	$230M	+15.0%
Operating Income	$60M	$31M	+91.8%
Net Income	$18M	$3M	+456.3%

Revenue Segments

Electric and Transmission Service

$721M97%

Transmission Services

$15M2%

Other Services

$5M1%