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PINNACLE WEST   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2025202420232022202120202019201820172016
Period End Date12/31/202512/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Operating Revenues5,339.945,124.924,695.994,324.393,803.843,586.983,471.213,691.253,565.303,498.68
Revenues : Marketing and trading--------------------
Revenues : Real estate segment--------------------
Revenues : Regulated electricity segment--------------------
Revenues : Other revenues--------------------
Total Revenue5,339.945,124.924,695.994,324.393,803.843,586.983,471.213,691.253,565.30--
Regulated electricity segment fuel and purchased power1,933.421,822.571,792.661,629.341,152.55993.421,042.241,076.12981.301,075.51
Marketing and trading segment fuel and purchased power--------------------
Operations and maintenance1,185.071,165.161,058.73987.07954.07958.91941.621,036.74924.44911.32
Depreciation and amortization915.34895.35794.04753.20650.88614.38590.93582.35534.12485.83
Taxes other than income taxes234.80227.40224.01220.37234.64224.84218.58212.85184.35166.50
Real estate segment operations--------------------
Regulatory disallowance--------------------
Other expenses(3.68)(2.39)(1.91)(2.49)(6.39)(7.29)(5.89)(9.50)(6.66)(3.54)
Real estate impairment charge--------------------
Total Operating Expenses4,272.314,112.853,871.353,592.472,998.532,798.832,799.252,917.562,630.872,642.70
Operating income (loss)1,067.631,012.06824.64731.91805.31788.15671.96773.69934.43855.98
Interest charges469.70425.74374.89283.57254.31247.50235.25243.47219.80205.72
Capitalized interest--------------------
Allowance for equity funds used during construction61.1538.6253.1245.2641.7433.7831.4352.3247.0142.14
Allowance for borrowed funds used during construction47.7348.2743.5628.0321.0518.5318.5325.1822.1119.97
Other Income49.4148.6133.677.9245.1056.7050.2624.904.010.90
Other expense(30.27)(34.14)(25.06)(52.39)(25.40)(57.78)(17.88)(17.97)(21.54)(15.34)
Pension and other postretirement non-service credits - net12.4248.8740.6598.49112.5456.3422.9949.79----
Income from Continuing Operations Before Income Taxes738.37736.56595.69575.65746.03648.23542.04664.44766.22697.94
Provision for Income taxes106.73110.5376.9174.83110.0978.17(15.77)133.90258.27236.41
Income from continuing operations--------------------
INCOME (LOSS)FROM DISCONTINUED OPERATIONS--------------------
Cumulative effect of a change in accounting for trading activities--------------------
Cumulative Effect of a Change in Accounting for Derivatives--------------------
Consolidated Net Income (Loss)631.64626.03518.78500.83635.94570.05557.81530.54507.95461.53
Net loss attributable to noncontrolling interests15.1117.2217.2217.2217.2219.4919.4919.4919.4919.49
Net Income (Loss) Available to Common Shareholders616.53608.81501.56483.60618.72550.56538.32511.05488.46442.03
Income from continuing operations - basic--------------------
Income from Discontinued operations - basic--------------------
Net income - basic5.155.354.424.275.484.894.794.564.373.97
Income from continuing operations - diluted--------------------
Income from Discontinued operation - diluted--------------------
Net income - diluted5.055.244.414.265.474.874.774.544.353.95
Weighted Average Shares Outstanding (Basic)119.69113.85113.44113.20112.91112.67112.44112.13111.84111.41
Weighted Average Shares Outstanding (Diluted)121.97116.23113.80113.42113.19112.94112.76112.55112.37112.05