PNW Q2 2018 Earnings — Pinnacle West Capital Corporation Revenue & Financial Results | Market Cap Arena

PNWPinnacle West Capital Corporation

$12B

Q2 2018 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$974M+3.1% YoY

Gross Profit

$449M46.1% margin

Operating Income

$242M24.9% margin

Net Income

$167M17.1% margin

EPS (Diluted)

$1.48

QoQ Revenue Growth

+40.6%

Cash Flow

Operating Cash Flow

$229M

Free Cash Flow

-$90M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$17.5B

Total Liabilities

$12.3B

Stockholders' Equity

$5.0B

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$974M	$945M	+3.1%
Gross Profit	$449M	$469M	-4.3%
Operating Income	$242M	$297M	-18.5%
Net Income	$167M	$167M	-0.4%

Revenue Segments

Electric and Transmission Service

$954M98%

Transmission Services

$15M2%

Other Services

$7M1%