PNW Q3 2019 Earnings — Pinnacle West Capital Corporation Revenue & Financial Results | Market Cap Arena

PNWPinnacle West Capital Corporation

$12B

Q3 2019 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$1.2B-6.1% YoY

Gross Profit

$607M51.0% margin

Operating Income

$403M33.9% margin

Net Income

$312M26.2% margin

EPS (Diluted)

$2.77

QoQ Revenue Growth

+37.0%

Cash Flow

Operating Cash Flow

$489M

Free Cash Flow

$172M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$18.4B

Total Liabilities

$12.7B

Stockholders' Equity

$5.6B

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.3B	-6.1%
Gross Profit	$607M	$632M	-3.8%
Operating Income	$403M	$433M	-6.9%
Net Income	$312M	$315M	-0.9%

Revenue Segments

Electric and Transmission Service

$1.2B98%

Transmission Services

$16M1%

Other Services

$4M0%