CSIMarket
 


Pinnacle West Capital Corporation  (PNW)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities

Pinnacle West Capital's ROE per quarter

Return on Equity, Quarterly Results, Trends, Rankings, Statistics


What is ROE for Pinnacle West Capital in the first quarter 2024?
Pinnacle West Capital Corporation achieved a return on average equity (ROE) of 8.57 % in its first quarter 2024, this is above PNW's average return on equity of 8.49%.
Pinnacle West Capital Corporations equity during the 12 months ending in the first quarter 2024 are valued at $6 billion

ROE has advanced compared to 8.3% in the forth quarter 2023, due to net income growth.

Within the Electric Utilities industry 19 other companies had a higher return on equity. While Return on equity, overall ranking has advanced in the quarter, so far to 616, from total ROE ranking in the forth quarter 2023 at 830.

What is ROE?



Return On Equity (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Equity Change 2.37 % 2.03 % 1.98 % 0.91 % -
Y / Y Net Income Change 1997.92 % - 21.74 % -34.19 % -95.25 %
Net Income (TTM) in Millions 539 519 495 423 481
Return On Equity (TTM) 8.57 % 8.3 % 7.95 % 6.83 % 7.78 %
PNW's Total Ranking # 616 # 830 # 1592 # 1755 # 1650
Equity (TTM) in Millions 6,311 6,285 6,488 6,076 6,164
Seq. Equity Change 0.41 % -3.13 % 6.78 % -1.43 % 0.07 %
Seq. Net Income Change 394.23 % -98.94 % 262.73 % 10897.92 % -

Return On Equity Company Ranking
Within: No.
Industry # 20
Sector # 39
Overall # 616

Return On Equity Statistics
High Average Low
15.65 %
8.49 %
0.3 %
(Sep 30 2017)   (June 30. 2009)





PNW Annual Return On Equity (Dec 31 2023)
2023
(Dec 31 2022)
2022
(Dec 31 2021)
2021
(Dec 31 2020)
2020
(Dec 31 2019)
2019
Total Equity in Millions 6,285 6,160 6,021 5,753 5,553
Y / Y Equity Change 2.03 % 2.3 % 4.67 % 3.59 % 3.82 %
Net Income in Millions 519 501 636 570 558
Y / Y Net Income Change 3.59 % -21.25 % 11.56 % 2.19 % 5.14 %
Return On Equity 8.25 % 8.13 % 10.56 % 9.91 % 10.04 %





Annual Roe Comment
In 2023 ROE improved to 8.25 % compared to the previous year, due to net income growth.


More Return On Equity Ratios
Electric Utilities Industry Roe Trends and Statistics
Utilities Sector Return On Equity Statistics
PNW's' Return on Equity at Yahoo Finance
PNW's Roe Ratio versus Electric Utilities Industry, Utilities Sector and overall Market
Highest Ranking Return On Equity
Lowest Ranking Return On Equity
Roe for PNW's Competitors
Return On Equity for Pinnacle West Capital's Suppliers
Roe for PNW's Customers




Companies with similar Return On Equity at Mar 31 2024, within Utilities Sector ROE
Williams companies inc   20.61 %
Antero Midstream Corporation  18.28 %
Consolidated Water Co ltd   17.58 %
Northwest Natural Holding Company  16.01 %
Oneok Inc   15.94 %
Hf Sinclair Corporation  15.79 %
Entergy Corporation  15.05 %
Archrock inc   14.88 %
American States Water Co  14.65 %
Vistra Corp   13.82 %
Rgc Resources Inc   12.67 %
New Jersey Resources Corporation  12.09 %
Public Service Enterprise Group Incorporated  11.78 %
Dte Energy Co  11.61 %
Nextera Energy Inc   11.36 %
American Electric Power Co Inc   11.20 %
Xcel Energy Inc   10.57 %
Alliant Energy Corp  10.43 %
Ameren Corporation  10.25 %
Sempra  10.04 %
Firstenergy Corp   9.76 %
Essential Utilities Inc   9.74 %
Ipalco Enterprises Inc   9.74 %
Pg and e Corp  9.71 %
Dt Midstream Inc   9.69 %
Centerpoint Energy Inc   9.51 %
Chesapeake Utilities Corp  9.12 %
Exelon Corporation  9.12 %
Atmos Energy Corp  9.01 %
Idacorp Inc   8.74 %


Date modified: 2024-05-03T00:54:38+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com