Pinnacle West Capital Corp (PNW) — Financial Flexibility Index

Latest as of September 2025: 0.06x

Pinnacle West Capital Corp (PNW) has a Financial Flexibility Index of 0.06x as of September 2025. Free cash flow of $1.29 Billion (operating CF $664.99 Million minus capex $623.03 Million) represents 0% of total liabilities ($22.68 Billion). Also explore Pinnacle West Capital Corp annual equity growth to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.06x
Free Cash Flow / Total Liabilities

Free Cash Flow

$1.29 Billion
Operating CF − Capex

Total Liabilities

$22.68 Billion
USD

Capital Expenditures

$623.03 Million
USD

Pinnacle West Capital Corp Financial Flexibility Index (1994–2024)

Historical Financial Flexibility Index trend for Pinnacle West Capital Corp across 31 annual periods. Check asset allocation strategy of Pinnacle West Capital Corp to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Pinnacle West Capital Corp (1994–2024)

Year-by-year free cash flow to debt coverage for Pinnacle West Capital Corp. For the full company profile including market capitalisation, see market cap of Pinnacle West Capital Corp.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 0.20x $3.86 Billion $1.61 Billion $19.25 Billion ▲ +20.7%
2023 0.17x $3.05 Billion $1.21 Billion $18.38 Billion ▼ -6.7%
2022 0.18x $2.95 Billion $1.24 Billion $16.56 Billion ▲ +21.9%
2021 0.15x $2.33 Billion $860.01 Million $15.98 Billion ▼ -9.1%
2020 0.16x $2.29 Billion $966.37 Million $14.27 Billion ▼ -3.3%
2019 0.17x $2.15 Billion $956.73 Million $12.93 Billion ▼ -16.6%
2018 0.20x $2.46 Billion $1.28 Billion $12.32 Billion ▼ -6.2%
2017 0.21x $2.53 Billion $1.12 Billion $11.88 Billion ▲ +2.4%
2016 0.21x $2.30 Billion $1.02 Billion $11.07 Billion ▼ -1.4%
2015 0.21x $2.17 Billion $1.09 Billion $10.31 Billion ▲ +2.6%
2014 0.21x $2.01 Billion $1.10 Billion $9.79 Billion ▼ -13.3%
2013 0.24x $2.17 Billion $1.15 Billion $9.17 Billion ▲ +6.5%
2012 0.22x $2.06 Billion $1.17 Billion $9.28 Billion ▲ +1.5%
2011 0.22x $2.01 Billion $1.13 Billion $9.18 Billion ▲ +25.4%
2010 0.17x $1.50 Billion $750.46 Million $8.59 Billion ▼ -17.7%
2009 0.21x $1.80 Billion $1.03 Billion $8.46 Billion ▼ -0.8%
2008 0.21x $1.75 Billion $813.57 Million $8.17 Billion ▲ +4.7%
2007 0.20x $1.58 Billion $657.94 Million $7.71 Billion ▲ +44.7%
2006 0.14x $1.13 Billion $393.50 Million $8.01 Billion ▼ -18.2%
2005 0.17x $1.36 Billion $730.30 Million $7.90 Billion ▼ -13.1%
2004 0.20x $1.38 Billion $842.08 Million $6.95 Billion ▼ -16.5%
2003 0.24x $1.60 Billion $901.83 Million $6.71 Billion ▼ -22.7%
2002 0.31x $1.77 Billion $870.77 Million $5.74 Billion ▲ +4.7%
2001 0.29x $1.61 Billion $570.93 Million $5.48 Billion ▲ +3.2%
2000 0.28x $1.36 Billion $699.56 Million $4.77 Billion ▲ +28.1%
1999 0.22x $979.00 Million $635.60 Million $4.40 Billion ▲ +9.8%
1998 0.20x $924.90 Million $605.80 Million $4.57 Billion ▲ +47.8%
1997 0.14x $637.60 Million $637.60 Million $4.65 Billion ▼ -20.8%
1996 0.17x $831.10 Million $572.50 Million $4.80 Billion ▼ -1.5%
1995 0.18x $851.70 Million $555.90 Million $4.85 Billion ▲ +13.6%
1994 0.15x $752.50 Million $497.20 Million $4.86 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities