Company / Capital Expenditures
Pinnacle West Capital Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$2.6B
FY2025
5-year range
$1.2B / $2.6B
FY2021-FY2025
Trend
+16.7%
vs FY2024
Sector context
#28 of 60
Utilities
What the data says
At $2.6B, Pinnacle West Capital's capital expenditures ranks #28 of 60 in the Utilities sector. Capital Expenditures has increased for 5 consecutive years, from $1.2B in FY2020 to $2.6B in FY2025.
Based on SEC 10-K filings.
$2.6B in FY2025 with a 5-year CAGR of +17.4%.
Improved from $1.5B to $2.6B over the past 2 years.
Utilities sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- +25.5%
- 5-Year CAGR
- +17.4%
- 10-Year CAGR
- -
Sector benchmark
#28 of 60 in UtilitiesTop 47% of 60This company $2.6B Sector average $3.1B
▼
-16.6% below sector average
Key checks
Key Insights
- Pinnacle West Capital's capital expenditures has grown for 5 consecutive years.
- 5-year CAGR of +17.4%, indicating consistent growth.
- In FY2025, capital expenditures increased 16.7% year-over-year.
- Ranks #28 out of 60 companies in the Utilities sector.
Company context
Key Data Points
- Altman Z-Score 0.49 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.6B | +16.7% |
| FY2024 | $2.2B | +52.6% |
| FY2023 | $1.5B | +11.1% |
| FY2022 | $1.3B | +11.3% |
| FY2021 | $1.2B | +1.1% |
| FY2020 | $1.2B | -16.4% |
| FY2019 | $1.4B | +19.6% |
| FY2018 | $1.2B | -16.4% |
| FY2017 | $1.4B | +10.5% |
| FY2016 | $1.3B | +25.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026