Pinnacle West Capital Corp (PNW)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 39.10% | 39.94% | 39.20% | 38.06% | 37.62% | 36.89% | 36.11% | 36.77% | 37.50% | 40.24% | 41.64% | 43.41% | 44.59% | 44.87% | 46.45% | 46.52% | 46.46% | 59.96% | 63.92% | 67.71% |
| Operating profit margin | 19.75% | 19.95% | 19.86% | 17.88% | 17.56% | 16.70% | 15.14% | 16.23% | 16.93% | 18.11% | 19.15% | 20.88% | 21.17% | 20.99% | 21.99% | 21.96% | 21.97% | 21.88% | 20.78% | 19.23% |
| Pretax margin | 14.04% | 14.52% | 14.62% | 12.79% | 12.32% | 11.52% | 10.27% | 11.93% | 12.91% | 14.94% | 16.38% | 18.47% | 19.16% | 17.78% | 18.36% | 17.95% | 17.53% | 18.44% | 17.10% | 15.24% |
| Net profit margin | 11.88% | 12.26% | 12.66% | 11.09% | 10.68% | 10.13% | 8.92% | 10.33% | 11.18% | 13.01% | 13.88% | 15.42% | 16.27% | 15.26% | 15.66% | 15.36% | 15.35% | 18.17% | 17.51% | 16.37% |
Pinnacle West Capital Corp's profitability ratios have shown a declining trend over the reporting periods. The gross profit margin decreased from 67.71% in March 2020 to 39.10% in December 2024. Similarly, the operating profit margin dropped from 19.23% in March 2020 to 19.75% in December 2024.
The pretax margin also witnessed a decrease from 15.24% in March 2020 to 14.04% in December 2024. The net profit margin followed the same trend, declining from 16.37% in March 2020 to 11.88% in December 2024.
Overall, the decreasing trend in profitability ratios indicates challenges in maintaining profitability levels for Pinnacle West Capital Corp over the analyzed period. Management may need to focus on cost control, revenue generation, and operational efficiency to improve profitability in the future.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.88% | 3.81% | 3.78% | 3.38% | 3.34% | 3.22% | 2.87% | 3.09% | 3.22% | 3.26% | 3.36% | 3.66% | 3.66% | 3.65% | 3.85% | 3.94% | 3.94% | 3.89% | 3.72% | 3.51% |
| Return on assets (ROA) | 2.33% | 2.34% | 2.41% | 2.10% | 2.03% | 1.95% | 1.69% | 1.96% | 2.13% | 2.34% | 2.44% | 2.70% | 2.81% | 2.65% | 2.75% | 2.76% | 2.75% | 3.23% | 3.13% | 2.99% |
| Return on total capital | 6.83% | 6.83% | 6.81% | 6.12% | 6.01% | 5.41% | 4.87% | 5.21% | 5.31% | 5.48% | 5.76% | 6.17% | 6.28% | 6.13% | 6.75% | 6.55% | 6.60% | 6.33% | 6.29% | 6.33% |
| Return on equity (ROE) | 9.01% | 9.30% | 9.96% | 8.42% | 8.12% | 7.49% | 6.80% | 7.66% | 8.00% | 8.57% | 9.29% | 10.12% | 10.48% | 9.43% | 10.11% | 9.79% | 9.77% | 10.94% | 11.02% | 10.15% |
From the provided data on Pinnacle West Capital Corp's profitability ratios, we can see the following trends:
1. Operating return on assets (Operating ROA) has shown a fluctuating pattern over the quarters, ranging from 3.09% to 3.94%. While there was a slight decrease in the most recent quarters, the ratio has generally remained above 3%.
2. Return on assets (ROA) has shown a decreasing trend over the quarters, ranging from 1.69% to 3.23%. The ratio has experienced a significant decline from around 3% to below 2% in the most recent quarters.
3. Return on total capital has also exhibited a decreasing trend over the quarters, fluctuating between 4.87% and 6.83%. The ratio has decreased gradually and then increased again to around 6.83% in the latest quarter.
4. Return on equity (ROE) has followed a similar decreasing trend over the quarters, fluctuating between 6.80% and 11.02%. While there have been fluctuations, the ratio has generally been on a downward trajectory, with a slight increase in the most recent quarter to 9.01%.
Overall, the profitability ratios for Pinnacle West Capital Corp show varying performance levels over the quarters, with some ratios experiencing a downward trend while others have remained relatively stable. It is important for investors and stakeholders to closely monitor these ratios to assess the company's financial health and performance.