PNW Q4 2021 Earnings — Pinnacle West Capital Corporation Revenue & Financial Results | Market Cap Arena

PNWPinnacle West Capital Corporation

$12B

Q4 2021 Earnings

Utilities Regulated Electric

Income Statement

Revenue

$799M+7.8% YoY

Gross Profit

$280M35.0% margin

Operating Income

$50M6.3% margin

Net Income

$28M3.5% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

-38.9%

Cash Flow

Operating Cash Flow

$200M

Free Cash Flow

-$268M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$22.0B

Total Liabilities

$16.0B

Stockholders' Equity

$5.9B

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$799M	$741M	+7.8%
Gross Profit	$280M	$246M	+13.6%
Operating Income	$50M	$31M	+62.1%
Net Income	$28M	-$19M	+242.3%

Revenue Segments

Electric Service

$1.8B100%