PINNACLE WEST CAPITAL CORPORATION (PNW) Operating margin 2016–2025
PINNACLE WEST CAPITAL CORPORATION (PNW) operating margin by fiscal year — reported operating income divided by reported revenue.
20.0%FY2025 · since FY2016: 23.9% → 20.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 20.0% | +0.2 pp |
| FY2024 | 19.7% | +2.2 pp |
| FY2023 | 17.6% | +0.6 pp |
| FY2022 | 16.9% | -4.2 pp |
| FY2021 | 21.2% | -0.8 pp |
| FY2020 | 22.0% | +2.6 pp |
| FY2019 | 19.4% | -1.6 pp |
| FY2018 | 21.0% | -4.6 pp |
| FY2017 | 25.5% | +1.6 pp |
| FY2016 | 23.9% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice