PNW Q2 2020 Earnings — Pinnacle West Capital Corporation Revenue & Financial Results | Market Cap Arena

PNWPinnacle West Capital Corporation

$12B

Q2 2020 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$930M+6.9% YoY

Gross Profit

$472M50.8% margin

Operating Income

$262M28.2% margin

Net Income

$194M20.8% margin

EPS (Diluted)

$1.71

QoQ Revenue Growth

+40.4%

Cash Flow

Operating Cash Flow

$185M

Free Cash Flow

-$152M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$19.3B

Total Liabilities

$13.7B

Stockholders' Equity

$5.5B

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$930M	$870M	+6.9%
Gross Profit	$472M	$400M	+18.0%
Operating Income	$262M	$197M	+33.2%
Net Income	$194M	$144M	+34.3%

Revenue Segments

Electric and Transmission Service

$915M96%

Electric Service

$16M2%

Transmission Services

$15M2%

Other Services

$3M0%