PNW Q1 2020 Earnings — Pinnacle West Capital Corporation Revenue & Financial Results | Market Cap Arena

PNWPinnacle West Capital Corporation

$12B

Q1 2020 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$662M-10.6% YoY

Gross Profit

$252M38.1% margin

Operating Income

$40M6.1% margin

Net Income

$30M4.5% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

-1.3%

Cash Flow

Operating Cash Flow

$184M

Free Cash Flow

-$156M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$18.6B

Total Liabilities

$13.0B

Stockholders' Equity

$5.5B

Cash & Equivalents

$63M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$662M	$741M	-10.6%
Gross Profit	$252M	$264M	-4.6%
Operating Income	$40M	$60M	-32.7%
Net Income	$30M	$18M	+67.4%

Revenue Segments

Electric and Transmission Service

$648M97%

Transmission Services

$16M2%

Other Services

$3M0%