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Pinnacle West Capital Corp (PNW)
NYSE:PNW
US Market

Pinnacle West Capital (PNW) Ratios

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Pinnacle West Capital Ratios

PNW's free cash flow for Q4 2025 was $0.18. For the 2025 fiscal year, PNW's free cash flow was decreased by $ and operating cash flow was $0.12. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
0.49 0.49 0.59 0.67 0.99
Quick Ratio
0.31 0.31 0.42 0.50 0.74
Cash Ratio
<0.01 <0.01 <0.01 <0.01 <0.01
Solvency Ratio
0.06 0.06 0.08 0.07 0.08
Operating Cash Flow Ratio
0.57 0.57 0.57 0.42 0.70
Short-Term Operating Cash Flow Coverage
1.17 1.17 1.18 0.81 3.17
Net Current Asset Value
$ -23.04B$ -23.04B$ -17.56B$ -16.45B$ -14.81B
Leverage Ratios
Debt-to-Assets Ratio
0.56 0.56 0.42 0.42 0.39
Debt-to-Equity Ratio
2.53 2.53 1.64 1.67 1.47
Debt-to-Capital Ratio
0.72 0.72 0.62 0.63 0.59
Long-Term Debt-to-Capital Ratio
0.64 0.64 0.54 0.55 0.56
Financial Leverage Ratio
4.50 4.50 3.86 3.99 3.76
Debt Service Coverage Ratio
1.03 1.03 1.12 0.94 2.43
Interest Coverage Ratio
2.75 2.65 2.68 2.49 2.86
Debt to Market Cap
1.18 1.35 0.98 1.11 0.94
Interest Debt Per Share
152.65 152.65 100.36 93.74 80.68
Net Debt to EBITDA
8.38 8.38 5.33 5.78 5.38
Profitability Margins
Gross Profit Margin
34.86%25.41%41.70%39.28%39.50%
EBIT Margin
21.73%21.73%21.74%19.74%19.22%
EBITDA Margin
39.89%39.89%40.40%37.93%38.13%
Operating Profit Margin
21.70%20.94%19.75%17.56%16.93%
Pretax Profit Margin
13.83%13.83%14.37%12.69%13.31%
Net Profit Margin
11.55%11.55%11.88%10.68%11.18%
Continuous Operations Profit Margin
11.83%11.83%12.22%11.05%11.58%
Net Income Per EBT
83.50%83.50%82.66%84.20%84.01%
EBT Per EBIT
63.71%66.03%72.78%72.24%78.65%
Return on Assets (ROA)
1.95%1.95%2.33%2.03%2.13%
Return on Equity (ROE)
8.91%8.75%9.01%8.12%8.00%
Return on Capital Employed (ROCE)
4.06%3.92%4.35%3.79%3.49%
Return on Invested Capital (ROIC)
3.30%3.18%3.48%3.08%2.97%
Return on Tangible Assets
1.98%1.98%2.39%2.06%2.15%
Earnings Yield
5.30%5.81%6.31%6.15%5.62%
Efficiency Ratios
Receivables Turnover
7.28 7.28 7.56 7.12 7.11
Payables Turnover
5.11 5.86 6.15 6.44 6.08
Inventory Turnover
6.16 7.05 5.96 5.78 5.81
Fixed Asset Turnover
0.22 0.22 0.25 0.25 0.25
Asset Turnover
0.17 0.17 0.20 0.19 0.19
Working Capital Turnover Ratio
-4.15 -3.87 -4.84 -9.64 -39.79
Cash Conversion Cycle
38.10 39.63 50.22 57.79 54.16
Days of Sales Outstanding
50.17 50.17 48.26 51.25 51.34
Days of Inventory Outstanding
59.30 51.79 61.26 63.18 62.87
Days of Payables Outstanding
71.37 62.33 59.30 56.64 60.05
Operating Cycle
109.47 101.96 109.52 114.43 114.21
Cash Flow Ratios
Operating Cash Flow Per Share
15.08 15.08 14.14 10.65 10.97
Free Cash Flow Per Share
-6.85 -6.85 -5.62 -5.63 -4.12
CapEx Per Share
21.93 21.93 19.76 16.28 15.08
Free Cash Flow to Operating Cash Flow
-0.45 -0.45 -0.40 -0.53 -0.38
Dividend Paid and CapEx Coverage Ratio
0.59 0.59 0.61 0.54 0.60
Capital Expenditure Coverage Ratio
0.69 0.69 0.72 0.65 0.73
Operating Cash Flow Coverage Ratio
0.10 0.10 0.15 0.12 0.14
Operating Cash Flow to Sales Ratio
0.34 0.34 0.31 0.26 0.29
Free Cash Flow Yield
-6.97%-7.72%-6.63%-7.84%-5.41%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
19.43 17.22 15.85 16.25 17.80
Price-to-Sales (P/S) Ratio
2.27 1.99 1.88 1.74 1.99
Price-to-Book (P/B) Ratio
1.70 1.51 1.43 1.32 1.42
Price-to-Free Cash Flow (P/FCF) Ratio
-14.76 -12.95 -15.09 -12.76 -18.47
Price-to-Operating Cash Flow Ratio
6.64 5.88 5.99 6.75 6.93
Price-to-Earnings Growth (PEG) Ratio
5.07 -4.61 0.75 4.63 -0.81
Price-to-Fair Value
1.70 1.51 1.43 1.32 1.42
Enterprise Value Multiple
14.06 13.36 10.00 10.36 10.60
Enterprise Value
29.60B 28.46B 20.70B 18.45B 17.48B
EV to EBITDA
13.90 13.36 10.00 10.36 10.60
EV to Sales
5.54 5.33 4.04 3.93 4.04
EV to Free Cash Flow
-36.12 -34.72 -32.37 -28.88 -37.51
EV to Operating Cash Flow
16.40 15.77 12.86 15.28 14.08
Tangible Book Value Per Share
54.40 54.40 55.04 53.05 52.13
Shareholders’ Equity Per Share
58.87 58.87 59.33 54.46 53.44
Tax and Other Ratios
Effective Tax Rate
0.14 0.14 0.15 0.13 0.13
Revenue Per Share
44.62 44.62 45.02 41.40 38.20
Net Income Per Share
5.15 5.15 5.35 4.42 4.27
Tax Burden
0.83 0.83 0.83 0.84 0.84
Interest Burden
0.64 0.64 0.66 0.64 0.69
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.00 0.00 0.00 0.00 0.00
Stock-Based Compensation to Revenue
0.00 0.00 <0.01 <0.01 <0.01
Income Quality
2.88 2.93 2.57 2.33 2.48
Currency in USD