Pinnacle West Capital Corp Financial Flexibility Index
Pinnacle West Capital Corp financial flexibility index. 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). Explore capital reinvestment ratio of Pinnacle West Capital Corp to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Pinnacle West Capital Corp (1994–2024)
Financial flexibility index of Pinnacle West Capital Corp from 1994 to 2024. Historical Financial Flexibility Index trend for Pinnacle West Capital Corp across 31 annual periods. Check Pinnacle West Capital Corp (PNW) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Pinnacle West Capital Corp Financial Flexibility Index by Year (1994–2024)
Pinnacle West Capital Corp financial flexibility index by year from 1994 to 2024. Year-by-year free cash flow to debt coverage for Pinnacle West Capital Corp. For the full cash flow conversion analysis, see Pinnacle West Capital Corp operating cash flow efficiency.
| 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 | — |