PNW Q3 2020 Earnings — Pinnacle West Capital Corporation Revenue & Financial Results | Market Cap Arena

PNWPinnacle West Capital Corporation

$12B

Q3 2020 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$1.3B+5.4% YoY

Gross Profit

$664M53.0% margin

Operating Income

$455M36.3% margin

Net Income

$346M27.6% margin

EPS (Diluted)

$3.07

QoQ Revenue Growth

+35.0%

Cash Flow

Operating Cash Flow

$403M

Free Cash Flow

$109M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$19.8B

Total Liabilities

$13.8B

Stockholders' Equity

$5.8B

Cash & Equivalents

$182M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.2B	+5.4%
Gross Profit	$664M	$607M	+9.4%
Operating Income	$455M	$403M	+12.8%
Net Income	$346M	$312M	+10.9%

Revenue Segments

Electric and Transmission Service

$1.2B95%

Electric Service

$46M3%

Transmission Services

$18M1%

Other Services

$3M0%