Earnings Summary

Pinnacle West Capital Corporation’s revenue fell -43.11% since last year same period to $603.96Mn in the Q2 2023. On a quarterly growth basis, Pinnacle West Capital Corporation has generated 0% jump in its revenue since last 3-months.

Pinnacle West Capital Corporation’s net profit fell -84.6% since last year same period to $25.3Mn in the Q2 2023. On a quarterly growth basis, Pinnacle West Capital Corporation has generated 0% jump in its net profits since last 3-months.

Pinnacle West Capital Corporation’s net profit margin fell -72.94% since last year same period to 4.19% in the Q2 2023. On a quarterly growth basis, Pinnacle West Capital Corporation has generated 0% jump in its net profit margins since last 3-months.

Pinnacle West Capital Corporation’s earning per share (EPS) estimates for the current year stand at 1.38.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Pinnacle West Capital Corporation’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Pinnacle West Capital Corporation’s return on equity (ROE) stands at 0.07.

Pinnacle West Capital Corporation declared 0.87 dividend per share during the earnings announcement for Q1 2023.