Market cap
$11.8bn
Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.
Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.
As a result of increased tariffs and supply chain constraints, APS amended several of its agreements from its ASRFP issued in 2023 to mitigate these cost impacts. The requested net increase addresses a total base revenue deficiency of $662.4 million, offset by proposed adjustor transfers of cost recovery to base rates. ACC Staff’s testimony includes the following recommendations, among others, depending on the approval of APS’s proposed FRAM, (i) a $525.2 million total base revenue increase, (ii) a 9.55% to 9.80% return on equity, (iii) a 0.20% return on the increment of fair value, and (iv) 12 months of post-test year plant. …PINNACLE WEST CAPITAL CORP, 10-Q, period ended 2026-06-30, filed 2026-08-04