Pinnacle West Capital Cash Flow Statement
PNW / Utilities|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
Pinnacle West Capital generated $1.8B in operating cash flow and negative free cash flow of $820M in FY2025.
Based on SEC 10-K filings.
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.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $631.6M | $626.0M | $635.9M | $570.1M | $557.8M | $530.5M | $507.9M | $530.5M | $507.9M | $461.5M | $440.0M | $423.7M | $440.0M | $370.2M | $366.9M |
| Depreciation & Amortization | $969.6M | $956.2M | $719.1M | $686.3M | $664.1M | $651.0M | $610.6M | $651.0M | $610.6M | $565.0M | $492.3M | $496.5M | $492.3M | $472.8M | $493.8M |
| Operating Cash Flow | $1.8B | $1.6B | $860.0M | $966.4M | $956.7M | $1.3B | $1.1B | $1.3B | $1.1B | $1.0B | $1.2B | $1.1B | $1.2B | $750.5M | $1.1B |
| Capital Expenditures | $2.6B | $2.2B | $1.5B | $1.3B | $1.2B | $1.2B | $1.4B | $1.2B | $1.4B | $1.3B | $1.0B | $910.6M | $1.0B | $748.4M | $884.4M |
| Free Cash Flow | -$819.5M | -$639.4M | -$613.5M | -$360.2M | -$234.7M | $99.0M | -$290.7M | $99.0M | -$290.7M | -$252.1M | $137.0M | $189.0M | $137.0M | $2.1M | $241.2M |
| Dividends Paid | $422.8M | $394.7M | $369.5M | $350.6M | $329.6M | $308.9M | $289.8M | $308.9M | $289.8M | $274.2M | $235.2M | $246.7M | $235.2M | $217.0M | $221.7M |
| FCF Margin | -15.3% | -12.5% | -16.1% | -10.0% | -6.8% | 2.7% | -8.2% | 2.7% | -8.2% | -7.2% | 4.0% | 5.4% | 4.0% | 0.1% | 7.4% |