Expense Ratio (Annual)

Expense Ratio: A measure of profitability used by an insurance company to indicate how well it is performing in its daily operations. The expense ratio is calculated by taking the operating expenses and then dividing them by earned premium. Calculated as: (Total Operating Expenses - Underwriting Losses Total) / Net Premiums Earned

Pinnacle West Capital Corporation (PNW) Expense Ratio data is not available.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$5.12B
Net Income	$608.81M
Cost of Goods Sold	$1.82B
Gross Profit	$3.30B
Operating Expenses	$4.11B
Operating Income	$1.01B
Non-Operating Income/Expense	$-275.50M
Pre-Tax Income	$736.56M
Normalized Pre-Tax Income	$736.56M
Income after Taxes	$626.03M
Income from Continuous Operations	$626.03M
Consolidated Net Income/Loss	$626.03M
Normalized Income after Taxes	$626.03M
EBIT	$1.01B
EBITDA	$2.39B
Weighted-Average Shares Outstanding (Basic)	113.85M
Weighted-Average Shares Outstanding (Diluted)	116.23M
Earnings per Share (EPS) (Basic)	$5.35
Earnings per Share (EPS) (Diluted)	$5.24
Balance Sheet Financials
Current Assets	$1.69B
Property, Plant, and Equipment	$19.20B
Long-Term Assets	$22.81B
Total Assets	$26.10B
Current Liabilities	$2.84B
Long-Term Debt	$8.06B
Long-Term Liabilities	$16.40B
Total Liabilities	$19.25B
Common Equity	$6.86B
Tangible Shareholders Equity	$6.86B
Shareholders Equity	$6.86B
Common Shares Outstanding	119.10M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$1.61B
Cash Flow from Investing Activities	$-1.93B
Cash Flow from Financial Activities	$322.69M
Beginning Cash	$4.96M
End Cash	$3.84M
Increase/Decrease in Cash	$-1.12M
Stock-Based Compensation	$23.53M
Common Stock Dividends Paid	$-415.92M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.59
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.54
Debt to Equity Ratio	1.37
Gross Margin	64.44%
Operating Margin	19.75%
EBIT Margin	19.75%
EBITDA Margin	46.72%
Pre-Tax Profit Margin	14.37%
Profit Margin	11.88%
Free Cash Flow	$-328.01M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.20
Inventory Turnover	3.63
Receiveable Turnover	7.56
Days Sales in Receivables	48.26
Return on Equity	9.13%
Return on Tangible Equity	9.13%
Return on Assets	2.40%
Return on Investments	4.20%
Book Value Per Share	$57.58
Free Cash Flow per Share	$-2.82
Operating Cash Flow per Share	$13.85

Data from Zacks Investment Research, Inc.