Pinnacle West Capital Corp Cash Flow Reinvestment Rate
Pinnacle West Capital Corp cash flow reinvestment rate. Pinnacle West Capital Corp (PNW) has a Cash Flow Reinvestment Rate of 1.81x as of September 2025, reinvesting $1.20 Billion (capex $623.03 Million plus investments $-579.78 Million) from operating cash flow of $664.99 Million. See PNW financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Cash Flow Reinvestment Rate of Pinnacle West Capital Corp (1994–2024)
Cash flow reinvestment rate of Pinnacle West Capital Corp from 1994 to 2024. Historical reinvestment intensity for Pinnacle West Capital Corp across 31 annual periods. Explore cash flow to debt ratio of Pinnacle West Capital Corp to assess how comfortably operating cash covers total debt obligations.
Pinnacle West Capital Corp Cash Flow Reinvestment Rate by Year (1994–2024)
Pinnacle West Capital Corp cash flow reinvestment rate by year from 1994 to 2024. Year-by-year capital reinvestment analysis for Pinnacle West Capital Corp. For the full cash flow conversion analysis, see Pinnacle West Capital Corp cash flow conversion.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 2.60x | $4.18 Billion | $1.61 Billion | $2.25 Billion | ▼ -9.8% |
| 2023 | 2.88x | $3.48 Billion | $1.21 Billion | $1.85 Billion | ▲ +7.5% |
| 2022 | 2.68x | $3.33 Billion | $1.24 Billion | $1.71 Billion | ▼ -19.5% |
| 2021 | 3.33x | $2.86 Billion | $860.01 Million | $1.47 Billion | ▲ +23.4% |
| 2020 | 2.70x | $2.60 Billion | $966.37 Million | $1.33 Billion | ▲ +115.8% |
| 2019 | 1.25x | $1.19 Billion | $956.73 Million | $1.19 Billion | ▲ +33.2% |
| 2018 | 0.94x | $1.20 Billion | $1.28 Billion | $1.18 Billion | ▼ -25.7% |
| 2017 | 1.26x | $1.41 Billion | $1.12 Billion | $1.41 Billion | ▼ -48.9% |
| 2016 | 2.47x | $2.53 Billion | $1.02 Billion | $1.28 Billion | ▲ +147.2% |
| 2015 | 1.00x | $1.09 Billion | $1.09 Billion | $1.08 Billion | ▲ +18.4% |
| 2014 | 0.84x | $927.88 Million | $1.10 Billion | $910.63 Million | ▼ -5.8% |
| 2013 | 0.90x | $1.03 Billion | $1.15 Billion | $1.02 Billion | ▲ +18.0% |
| 2012 | 0.76x | $889.55 Million | $1.17 Billion | $889.55 Million | ▼ -3.3% |
| 2011 | 0.79x | $884.35 Million | $1.13 Billion | $884.35 Million | ▼ -21.2% |
| 2010 | 1.00x | $748.37 Million | $750.46 Million | $748.37 Million | ▲ +34.5% |
| 2009 | 0.74x | $764.61 Million | $1.03 Billion | $764.61 Million | ▼ -35.5% |
| 2008 | 1.15x | $935.58 Million | $813.57 Million | $935.58 Million | ▼ -17.6% |
| 2007 | 1.40x | $918.58 Million | $657.94 Million | $918.58 Million | ▼ -25.5% |
| 2006 | 1.87x | $737.78 Million | $393.50 Million | $737.78 Million | ▲ +116.1% |
| 2005 | 0.87x | $633.53 Million | $730.30 Million | $633.53 Million | ▲ +35.7% |
| 2004 | 0.64x | $538.23 Million | $842.08 Million | $538.23 Million | ▼ -16.9% |
| 2003 | 0.77x | $693.48 Million | $901.83 Million | $693.48 Million | ▼ -25.2% |
| 2002 | 1.03x | $895.52 Million | $870.77 Million | $895.52 Million | ▼ -43.6% |
| 2001 | 1.82x | $1.04 Billion | $570.93 Million | $1.04 Billion | ▲ +93.6% |
| 2000 | 0.94x | $658.61 Million | $699.56 Million | $658.61 Million | ▲ +74.3% |
| 1999 | 0.54x | $343.40 Million | $635.60 Million | $343.40 Million | ▲ +2.6% |
| 1998 | 0.53x | $319.10 Million | $605.80 Million | $319.10 Million | — |
| 1997 | 0.00x | $0.00 | $637.60 Million | $0.00 | ▼ -100.0% |
| 1996 | 0.45x | $258.60 Million | $572.50 Million | $258.60 Million | ▼ -15.1% |
| 1995 | 0.53x | $295.80 Million | $555.90 Million | $295.80 Million | ▲ +3.6% |
| 1994 | 0.51x | $255.30 Million | $497.20 Million | $255.30 Million | — |