-0.20%
3.14%
1.32%
-1.44%
26.58%
23.40%
-11.48%
AI Spotlight on PNW
Company Description
Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona.The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities.Its transmission facilities include approximately 5,814 pole miles of overhead lines and approximately 74 miles of underground lines; and distribution facilities comprise approximately 11,258 miles of overhead lines and approximately 22,821 miles of underground primary cable, as well as owns and maintains 475 transmission and distribution substations.
The company also owns or leases approximately 6,323 megawatts of regulated generation capacity.It serves approximately 1.3 million customers.Pinnacle West Capital Corporation was incorporated in 1985 and is headquartered in Phoenix, Arizona.
Market Data
| Last Price | 86.96 |
| Change Percentage | -0.20% |
| Open | 86.81 |
| Previous Close | 87.13 |
| Market Cap ( Millions) | 9887 |
| Volume | 1137007 |
| Year High | 95.42 |
| Year Low | 65.2 |
| M A 50 | 87.6 |
| M A 200 | 84.0 |
Financial Ratios
| FCF Yield | -7.13% |
| Dividend Yield | 3.05% |
| ROE | 9.77% |
| Debt / Equity | 171.02% |
| Net Debt / EBIDTA | 569.56% |
| Price To Book | 1.49 |
| Price Earnings Ratio | 16.07 |
| Price To FCF | -14.02 |
| Price To sales | 1.97 |
| EV / EBITDA | 10.69 |
News
- Jan -27 - Pinnacle West Sets Date for 2024 Fourth-Quarter and Full-Year Financial Results, Webcast/Conference Call
- Jan -13 - PNW vs. CTRI: Which Stock Is the Better Value Option?
- Jan -09 - 5 Low-Beta Stocks With Upside to Buy Amid Ongoing Market Volatility
- Dec -27 - All You Need to Know About Pinnacle West (PNW) Rating Upgrade to Buy
- Dec -27 - Is Pinnacle West Capital (PNW) Outperforming Other Utilities Stocks This Year?
- Dec -26 - IDA or PNW: Which Is a Better Utility Electric Power Stock?
- Dec -25 - PNW vs. PEG: Which Stock Should Value Investors Buy Now?
- Dec -12 - Pinnacle West and APS Announce Leadership Succession
- Dec -11 - Pinnacle West Declares Quarterly Dividend
- Nov -20 - ADDING and REPLACING APS Secures Its Largest-Ever Energy Supply to Reliably Serve Customers
- Nov -06 - Pinnacle West Capital Corporation (PNW) Q3 2024 Earnings Call Transcript
- Nov -06 - Pinnacle West Third-Quarter Earnings and Sales Beat Estimates
- Nov -06 - Pinnacle West (PNW) Q3 Earnings and Revenues Surpass Estimates
- Nov -06 - Pinnacle West Reports Slightly Lower 2024 Third-Quarter Results Compared to a Year Ago
- Nov -01 - Pinnacle West Capital to Post Q3 Earnings: Here's What to Expect
- Oct -31 - 16 Upcoming Dividend Increases
- Oct -30 - Pinnacle West (PNW) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
- Oct -23 - Pinnacle West Declares Quarterly Dividend
- Oct -18 - U.S. Department of Energy Funds to Help Strengthen APS Smart Grid With New Technology
- Oct -07 - Utilities: Why Pinnacle West Capital is a good buy
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Retail Electric Service - Residential
Expected Growth : 3.5 %
What the company do ?
Retail Electric Service - Residential from Pinnacle West Capital Corporation provides electricity to residential customers in Arizona, offering competitive rates and reliable service.
Why we expect these perspectives ?
The 3.5% growth in Retail Electric Service - Residential from Pinnacle West Capital Corporation is driven by increasing demand for electricity in Arizona, fueled by population growth, hot desert climate, and rising adoption of electric vehicles. Additionally, investments in energy efficiency programs and grid modernization contribute to the growth.
Segment n°2 -> Retail Electric Service - Non-Residential
Expected Growth : 3.2 %
What the company do ?
Retail Electric Service - Non-Residential from Pinnacle West Capital Corporation provides electricity to commercial and industrial customers in Arizona.
Why we expect these perspectives ?
The 3.2% growth in Retail Electric Service - Non-Residential segment of Pinnacle West Capital Corporation is driven by increasing commercial and industrial activities in Arizona, favorable weather conditions, and rising demand for electricity from data centers and other non-residential customers.
Segment n°3 -> Wholesale Energy
Expected Growth : 4.5 %
What the company do ?
Wholesale Energy from Pinnacle West Capital Corporation refers to the sale of electricity on the wholesale market, providing energy to utilities, municipalities, and other market participants.
Why we expect these perspectives ?
Pinnacle West Capital Corporation's Wholesale Energy segment growth of 4.5% is driven by increasing demand for renewable energy, favorable weather conditions, and strategic investments in grid modernization. Additionally, the company's focus on energy efficiency programs and load management initiatives contribute to the growth. Furthermore, the rising popularity of electric vehicles and electrification of transportation also support the segment's expansion.
Segment n°4 -> Transmission Services for Others
Expected Growth : 3.8 %
What the company do ?
Transmission Services for Others from Pinnacle West Capital Corporation provides transmission services to third-party customers, enabling them to move electricity across the grid.
Why we expect these perspectives ?
Pinnacle West Capital Corporation's Transmission Services for Others segment growth of 3.8% is driven by increasing demand for reliable and efficient transmission infrastructure, expansion of renewable energy sources, and investments in grid modernization. Additionally, the company's strategic partnerships and cost-saving initiatives contribute to the segment's growth.
Segment n°5 -> Other Sources
Expected Growth : 3.0 %
What the company do ?
Other Sources from Pinnacle West Capital Corporation refers to revenue generated from non-utility operations, including real estate sales and investments.
Why we expect these perspectives ?
Pinnacle West Capital Corporation's 3.0% growth in Other Sources is driven by increasing demand for renewable energy, favorable regulatory policies, and strategic investments in energy storage and grid modernization. Additionally, the company's focus on energy efficiency programs and cost savings initiatives contribute to this growth.
Pinnacle West Capital Corporation Products
| Product Range | What is it ? |
|---|---|
| Electricity Generation | Pinnacle West Capital Corporation generates electricity through its subsidiaries, including Arizona Public Service Company (APS), which provides electricity to residential, commercial, and industrial customers in Arizona. |
| Transmission and Distribution | The company owns and operates a vast network of transmission and distribution lines, substations, and other infrastructure to deliver electricity to customers. |
| Renewable Energy | Pinnacle West Capital Corporation invests in renewable energy sources, such as solar and wind power, to reduce its carbon footprint and provide clean energy to customers. |
| Energy Efficiency | The company offers energy-efficient solutions and programs to help customers reduce their energy consumption and lower their energy bills. |
| Customer Service | Pinnacle West Capital Corporation provides customer service and support to its customers, including billing, payment, and outage reporting services. |
Pinnacle West Capital Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for Pinnacle West Capital Corporation is medium due to the availability of alternative energy sources such as solar and wind power.
Bargaining Power Of Customers
The bargaining power of customers for Pinnacle West Capital Corporation is low due to the lack of alternative energy providers in the region.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Pinnacle West Capital Corporation is medium due to the presence of multiple fuel suppliers and the company's ability to negotiate prices.
Threat Of New Entrants
The threat of new entrants for Pinnacle West Capital Corporation is low due to the high barriers to entry in the energy industry, including the need for significant capital investment and regulatory approvals.
Intensity Of Rivalry
The intensity of rivalry for Pinnacle West Capital Corporation is high due to the presence of several competitors in the energy industry, including Arizona Public Service Company and Salt River Project.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 62.52% |
| Debt Cost | 3.95% |
| Equity Weight | 37.48% |
| Equity Cost | 6.33% |
| WACC | 4.84% |
| Leverage | 166.78% |
Pinnacle West Capital Corporation : Quality Control
Pinnacle West Capital Corporation passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| AEE | Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois … |
| LNT | Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Utility … |
| CNP | CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric and Natural Gas segments. The Electric segment includes electric transmission and … |
| POR | Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six … |
| PPL | PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through two segments: Kentucky Regulated and Pennsylvania Regulated. … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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PGE
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1-Year Total Return ->
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Pinnacle West Capital
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Ameren
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4
CenterPoint Energy
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5
Alliant Energy
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1-Year Total Return ->
6
