Pinnacle West Capital Corp Cash Flow Quality Index
Pinnacle West Capital Corp cash flow quality index. Pinnacle West Capital Corp (PNW) has a Cash Flow Quality Index of 1.61x as of September 2025. Operating cash flow of $664.99 Million exceeds net income of $413.21 Million, indicating high earnings quality where cash backs reported profits. Explore Pinnacle West Capital Corp cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Pinnacle West Capital Corp (1994–2024)
Cash flow quality index of Pinnacle West Capital Corp from 1994 to 2024. Historical Cash Flow Quality Index for Pinnacle West Capital Corp across 31 annual periods. Values consistently above 1.0x indicate high-quality earnings. See PNW equity to assets ratio to measure how much of total assets are equity-financed.
Pinnacle West Capital Corp Cash Flow Quality Index by Year (1994–2024)
Pinnacle West Capital Corp cash flow quality index by year from 1994 to 2024. Year-by-year earnings quality comparison for Pinnacle West Capital Corp. For the full cash flow conversion analysis, see cash efficiency ratio of Pinnacle West Capital Corp.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 2.57x | $1.61 Billion | $626.03 Million | ▲ +10.5% |
| 2023 | 2.33x | $1.21 Billion | $518.78 Million | ▼ -6.1% |
| 2022 | 2.48x | $1.24 Billion | $500.83 Million | ▲ +83.3% |
| 2021 | 1.35x | $860.01 Million | $635.94 Million | ▼ -20.2% |
| 2020 | 1.70x | $966.37 Million | $570.05 Million | ▼ -1.2% |
| 2019 | 1.72x | $956.73 Million | $557.81 Million | ▼ -28.8% |
| 2018 | 2.41x | $1.28 Billion | $530.54 Million | ▲ +9.4% |
| 2017 | 2.20x | $1.12 Billion | $507.95 Million | ▼ -0.7% |
| 2016 | 2.22x | $1.02 Billion | $461.53 Million | ▼ -7.6% |
| 2015 | 2.40x | $1.09 Billion | $456.19 Million | ▼ -7.6% |
| 2014 | 2.60x | $1.10 Billion | $423.70 Million | ▼ -1.0% |
| 2013 | 2.62x | $1.15 Billion | $439.97 Million | ▼ -7.5% |
| 2012 | 2.83x | $1.17 Billion | $413.16 Million | ▼ -7.6% |
| 2011 | 3.07x | $1.13 Billion | $366.94 Million | ▲ +51.3% |
| 2010 | 2.03x | $750.46 Million | $370.21 Million | ▼ -89.5% |
| 2009 | 19.25x | $1.03 Billion | $53.55 Million | ▲ +473.0% |
| 2008 | 3.36x | $813.57 Million | $242.12 Million | ▲ +56.9% |
| 2007 | 2.14x | $657.94 Million | $307.14 Million | ▲ +78.1% |
| 2006 | 1.20x | $393.50 Million | $327.25 Million | ▼ -71.0% |
| 2005 | 4.14x | $730.30 Million | $176.27 Million | ▲ +19.7% |
| 2004 | 3.46x | $842.08 Million | $243.19 Million | ▼ -7.6% |
| 2003 | 3.75x | $901.83 Million | $240.58 Million | ▼ -7.4% |
| 2002 | 4.05x | $870.77 Million | $215.15 Million | ▲ +132.1% |
| 2001 | 1.74x | $570.93 Million | $327.37 Million | ▼ -24.6% |
| 2000 | 2.31x | $699.56 Million | $302.33 Million | ▲ +12.1% |
| 1999 | 2.06x | $635.60 Million | $307.80 Million | ▼ -17.2% |
| 1998 | 2.49x | $605.80 Million | $242.90 Million | ▼ -7.7% |
| 1997 | 2.70x | $637.60 Million | $235.90 Million | ▼ -4.8% |
| 1996 | 2.84x | $572.50 Million | $201.60 Million | ▲ +2.0% |
| 1995 | 2.79x | $555.90 Million | $199.60 Million | ▲ +12.4% |
| 1994 | 2.48x | $497.20 Million | $200.60 Million | — |