PNW Q1 2021 Earnings — Pinnacle West Capital Corporation Revenue & Financial Results | Market Cap Arena

PNWPinnacle West Capital Corporation

$12B

Q1 2021 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$696M+5.2% YoY

Gross Profit

$268M38.5% margin

Operating Income

$48M6.8% margin

Net Income

$36M5.1% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

-6.0%

Cash Flow

Operating Cash Flow

$202M

Free Cash Flow

-$162M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$20.2B

Total Liabilities

$14.4B

Stockholders' Equity

$5.7B

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$696M	$662M	+5.2%
Gross Profit	$268M	$252M	+6.4%
Operating Income	$48M	$40M	+17.6%
Net Income	$36M	$30M	+18.8%

Revenue Segments

Electric and Transmission Service

$682M94%

Transmission Services

$19M3%

Electric Service

$18M2%

Other Services

$4M1%