PNW Q2 2019 Earnings — Pinnacle West Capital Corporation Revenue & Financial Results | Market Cap Arena

PNWPinnacle West Capital Corporation

$12B

Q2 2019 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$870M-10.7% YoY

Gross Profit

$400M46.0% margin

Operating Income

$197M22.6% margin

Net Income

$144M16.6% margin

EPS (Diluted)

$1.28

QoQ Revenue Growth

+17.4%

Cash Flow

Operating Cash Flow

$173M

Free Cash Flow

-$109M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$18.2B

Total Liabilities

$12.8B

Stockholders' Equity

$5.2B

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$870M	$974M	-10.7%
Gross Profit	$400M	$449M	-10.9%
Operating Income	$197M	$242M	-18.8%
Net Income	$144M	$167M	-13.6%

Revenue Segments

Electric and Transmission Service

$858M98%

Transmission Services

$15M2%

Other Services

$4M0%