Pinnacle West Capital Stock Net Income
| PNW Stock | USD 73.69 0.51 0.69% |
Pinnacle West Capital fundamentals help investors to digest information that contributes to Pinnacle West's financial success or failures. It also enables traders to predict the movement of Pinnacle Stock. The fundamental analysis module provides a way to measure Pinnacle West's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Pinnacle West stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 518.8 M | 387.8 M | |
| Net Income Applicable To Common Shares | 556.1 M | 400.1 M | |
| Net Income From Continuing Ops | 494.8 M | 557.9 M | |
| Net Income Per Share | 4.42 | 4.64 | |
| Net Income Per E B T | 0.84 | 0.53 |
Pinnacle | Net Income |
Pinnacle West Capital Company Net Income Analysis
Pinnacle West's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Pinnacle West Net Income | 518.78 M |
Most of Pinnacle West's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pinnacle West Capital is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Pinnacle Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Pinnacle West is extremely important. It helps to project a fair market value of Pinnacle Stock properly, considering its historical fundamentals such as Net Income. Since Pinnacle West's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Pinnacle West's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Pinnacle West's interrelated accounts and indicators.
Pinnacle Net Income Historical Pattern
Today, most investors in Pinnacle West Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Pinnacle West's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Pinnacle West net income as a starting point in their analysis.
Pinnacle West Net Income |
| Timeline |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Pinnacle Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Pinnacle West Capital reported net income of 518.78 M. This is 145.27% higher than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The net income for all United States stocks is 9.14% higher than that of the company.
Pinnacle Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pinnacle West's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Pinnacle West could also be used in its relative valuation, which is a method of valuing Pinnacle West by comparing valuation metrics of similar companies.Pinnacle West is currently under evaluation in net income category among related companies.
Pinnacle West ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Pinnacle West's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Pinnacle West's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Pinnacle West Institutional Holders
Institutional Holdings refers to the ownership stake in Pinnacle West that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Pinnacle West's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Pinnacle West's value.| Shares | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.4 M | Goldman Sachs Group Inc | 2023-12-31 | 1.4 M | First Trust Advisors L.p. | 2023-12-31 | 1.2 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.2 M | Franklin Resources Inc | 2023-12-31 | 1.1 M | Northern Trust Corp | 2023-12-31 | 1 M | Charles Schwab Investment Management Inc | 2023-12-31 | 991.4 K | Envestnet Asset Management Inc | 2023-12-31 | 984 K | Legal & General Group Plc | 2023-12-31 | 931.3 K | Vanguard Group Inc | 2023-12-31 | 14.3 M | Blackrock Inc | 2023-12-31 | 10 M |
Pinnacle Fundamentals
| Return On Equity | 0.0834 | ||||
| Return On Asset | 0.0228 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 18.86 B | ||||
| Shares Outstanding | 113.56 M | ||||
| Shares Owned By Insiders | 0.16 % | ||||
| Shares Owned By Institutions | 93.92 % | ||||
| Number Of Shares Shorted | 3.05 M | ||||
| Price To Earning | 16.12 X | ||||
| Price To Book | 1.33 X | ||||
| Price To Sales | 1.75 X | ||||
| Revenue | 4.7 B | ||||
| Gross Profit | 1.71 B | ||||
| EBITDA | 1.73 B | ||||
| Net Income | 518.78 M | ||||
| Cash And Equivalents | 4.83 M | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 10.3 B | ||||
| Debt To Equity | 1.35 % | ||||
| Current Ratio | 0.98 X | ||||
| Book Value Per Share | 54.47 X | ||||
| Cash Flow From Operations | 1.21 B | ||||
| Short Ratio | 1.93 X | ||||
| Earnings Per Share | 4.41 X | ||||
| Price To Earnings To Growth | 2.64 X | ||||
| Target Price | 75.82 | ||||
| Number Of Employees | 6.13 K | ||||
| Beta | 0.48 | ||||
| Market Capitalization | 8.46 B | ||||
| Total Asset | 24.66 B | ||||
| Retained Earnings | 3.47 B | ||||
| Working Capital | (962.38 M) | ||||
| Current Asset | 860.37 M | ||||
| Current Liabilities | 1.23 B | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 3.85 % | ||||
| Net Asset | 24.66 B | ||||
| Last Dividend Paid | 3.48 |
About Pinnacle West Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pinnacle West Capital's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pinnacle West using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pinnacle West Capital based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pinnacle West Investors Sentiment
The influence of Pinnacle West's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Pinnacle. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Pinnacle West's public news can be used to forecast risks associated with an investment in Pinnacle. The trend in average sentiment can be used to explain how an investor holding Pinnacle can time the market purely based on public headlines and social activities around Pinnacle West Capital. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Pinnacle West's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Pinnacle West's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Pinnacle West's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Pinnacle West.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Pinnacle West in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Pinnacle West's short interest history, or implied volatility extrapolated from Pinnacle West options trading.
Becoming a Better Investor with Macroaxis
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Check out Pinnacle West Piotroski F Score and Pinnacle West Altman Z Score analysis. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Pinnacle Stock analysis
When running Pinnacle West's price analysis, check to measure Pinnacle West's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pinnacle West is operating at the current time. Most of Pinnacle West's value examination focuses on studying past and present price action to predict the probability of Pinnacle West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle West's price. Additionally, you may evaluate how the addition of Pinnacle West to your portfolios can decrease your overall portfolio volatility.
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Is Pinnacle West's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pinnacle West. If investors know Pinnacle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pinnacle West listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.215 | Dividend Share 3.475 | Earnings Share 4.41 | Revenue Per Share 41.396 | Quarterly Revenue Growth (0.02) |
The market value of Pinnacle West Capital is measured differently than its book value, which is the value of Pinnacle that is recorded on the company's balance sheet. Investors also form their own opinion of Pinnacle West's value that differs from its market value or its book value, called intrinsic value, which is Pinnacle West's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pinnacle West's market value can be influenced by many factors that don't directly affect Pinnacle West's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pinnacle West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pinnacle West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pinnacle West's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.