Pinnacle West Capital Corp - Company Profile
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Pinnacle West Capital Corp (Pinnacle West) is an electricity holding utility. The company provides electricity and energy-related products and services. It owns or leases coal, gas, nuclear, oil and solar-based electricity generating facilities; and through long-term and short-term power purchase agreements, it also secures energy from third parties. Pinnacle West owns debt investments and minority interests in energy-related investments and Arizona community-based ventures; and develops, builds, owns and operates electric transmission infrastructure in the western US. The company serves residential and business customers in large portions of the state of Arizona. Pinnacle West is headquartered in Phoenix, Arizona, the US.
Headquarters
United States of America
Address
400 North 5th Street, Phoenix, Arizona, 85004
Website
www.pinnaclewest.com
Telephone
1 602 2501000
No of Employees
94
Industry
Power
Ticker Symbol & Exchange
PNW (NYSE)
Revenue (2024)
$5.3B
4.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
1.3%
(2024 vs 2023)
Market Cap*
$12.3B
Net Profit Margin (2024)
XYZ
-2.8%
(2024 vs 2023)
* As of and is in US$
Pinnacle West Capital Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Electricity | Investment |
| Transmission and Distribution of Electricity |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Stake Sale | In January, the company sold its 100% stake in Bright Canyon Energy Corp to Ameresco Inc. |
| 2023 | Contracts/Agreements | In June, the company partnered with Pasadena ISD for career day event. |
| 2021 | Corporate Awards | In December, the company received 2021 Inclusive Workplace Award from Diversity Leadership Alliance and the Arizona Society of Human Resources Management. |
Competitor Comparison
| Key Parameters | Pinnacle West Capital Corp | Edison International | Consolidated Edison Inc | Xcel Energy Inc | Eversource Energy |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Phoenix | Rosemead | New York | Minneapolis | Springfield |
| State/Province | Arizona | California | New York | Minnesota | Massachusetts |
| No. of Employees | 94 | 14,013 | 15,407 | 11,534 | 10,731 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Theodore N. Geisler | Chairman; Chief Executive Officer; President | Executive Board | 2025 | 46 |
| Andrew Cooper | Chief Financial Officer; Senior Vice President | Senior Management | 2022 | 46 |
| Elizabeth A. Blankenship | Chief Accounting Officer; Controller; Vice President | Senior Management | 2019 | 53 |
| Robert E. Smith | Chief Development Officer; Chief Legal Officer; Executive Vice President | Senior Management | 2025 | 55 |
| Robert S. Aiken | Vice President - Federal Affairs | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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