Pinnacle West Capital Corp (PNW) — 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 PNW cash generation efficiency to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Pinnacle West Capital Corp Cash Flow Quality Index (1994–2024)
Historical Cash Flow Quality Index for Pinnacle West Capital Corp across 31 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check PNW total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Pinnacle West Capital Corp (1994–2024)
Year-by-year earnings quality comparison for Pinnacle West Capital Corp. For live market cap and the full company financial profile, see Pinnacle West Capital Corp (PNW) total market value.
| 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 | — |