PNW Q3 2018 Earnings — Pinnacle West Capital Corporation Revenue & Financial Results | Market Cap Arena

PNWPinnacle West Capital Corporation

$12B

Q3 2018 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$1.3B+7.2% YoY

Gross Profit

$632M49.8% margin

Operating Income

$433M34.2% margin

Net Income

$315M24.8% margin

EPS (Diluted)

$2.80

QoQ Revenue Growth

+30.2%

Cash Flow

Operating Cash Flow

$564M

Free Cash Flow

$345M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$17.7B

Total Liabilities

$12.2B

Stockholders' Equity

$5.4B

Cash & Equivalents

$65M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.2B	+7.2%
Gross Profit	$632M	$642M	-1.6%
Operating Income	$433M	$460M	-5.7%
Net Income	$315M	$276M	+14.1%

Revenue Segments

Electric and Transmission Service

$1.3B98%

Transmission Services

$16M1%

Other Services

$6M0%