Pinnacle West Capital Corp

PNW: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Pinnacle West Earnings: Rate Case Outcome Critical To Support Demand Growth

Travis Miller

Feb 25, 2026

Pinnacle West reported full-year 2025 earnings per share of $5.05, down 4% from 2024 primarily due to cooler summer weather that reduced electricity demand. This was in line with our expectations and management's guidance.

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Pinnacle West Capital Corp

Pinnacle West Earnings: Rate Case Outcome Critical To Support Demand Growth

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