Pinnacle Free Cash Flow Yield vs Capex To Depreciation Analysis

PNW Stock

USD 87.63 0.07 0.08%

Pinnacle West financial indicator trend analysis is much more than just breaking down Pinnacle West Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pinnacle West Capital is a good investment. Please check the relationship between Pinnacle West Free Cash Flow Yield and its Capex To Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinnacle West Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Free Cash Flow Yield vs Capex To Depreciation

Free Cash Flow Yield vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pinnacle West Capital Free Cash Flow Yield account and Capex To Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Pinnacle West's Free Cash Flow Yield and Capex To Depreciation is -0.55. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Pinnacle West Capital, assuming nothing else is changed. The correlation between historical values of Pinnacle West's Free Cash Flow Yield and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Pinnacle West Capital are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Free Cash Flow Yield i.e., Pinnacle West's Free Cash Flow Yield and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.55

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Most indicators from Pinnacle West's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pinnacle West Capital current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pinnacle West Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

Tax Provision is likely to climb to about 109 M in 2026, whereas Selling General Administrative is likely to drop slightly above 151.7 M in 2026.

	2023	2024	2025	2026 (projected)
Gross Profit	1.8B	2.1B	2.5B	1.8B
Total Revenue	4.7B	5.1B	5.9B	3.1B

Gross Profit Total Revenue

Pinnacle West fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue
Common Stock Shares Outstanding		0.6	0.43	0.82	0.53	0.81	0.62	0.43	0.69	0.72	-0.34	0.6	0.1	-0.34	0.71	0.42	0.57	0.56	0.5	-0.91	0.57	0.5	0.64	0.38	0.89	-0.91
Total Assets	0.6		0.97	0.79	0.92	0.76	1.0	0.97	0.98	0.8	-0.48	1.0	0.55	-0.48	0.78	0.42	1.0	0.99	0.66	-0.48	1.0	0.98	0.78	0.82	0.72	-0.67
Short Long Term Debt Total	0.43	0.97		0.7	0.91	0.7	0.96	1.0	0.92	0.78	-0.46	0.97	0.64	-0.46	0.77	0.36	0.98	0.98	0.68	-0.28	0.98	0.99	0.78	0.85	0.63	-0.54
Other Current Liab	0.82	0.79	0.7		0.69	0.95	0.8	0.7	0.86	0.85	-0.41	0.79	0.43	-0.41	0.8	0.7	0.78	0.77	0.71	-0.66	0.78	0.73	0.83	0.55	0.89	-0.84
Total Current Liabilities	0.53	0.92	0.91	0.69		0.65	0.92	0.91	0.87	0.78	-0.57	0.92	0.4	-0.57	0.77	0.31	0.89	0.94	0.55	-0.41	0.92	0.91	0.71	0.97	0.66	-0.57
Total Stockholder Equity	0.81	0.76	0.7	0.95	0.65		0.77	0.7	0.82	0.91	-0.4	0.76	0.52	-0.4	0.87	0.6	0.76	0.74	0.74	-0.59	0.76	0.72	0.88	0.53	0.95	-0.81
Property Plant And Equipment Net	0.62	1.0	0.96	0.8	0.92	0.77		0.96	0.98	0.8	-0.49	1.0	0.53	-0.49	0.78	0.44	0.99	0.99	0.64	-0.5	1.0	0.97	0.77	0.82	0.73	-0.69
Net Debt	0.43	0.97	1.0	0.7	0.91	0.7	0.96		0.92	0.78	-0.46	0.97	0.64	-0.46	0.77	0.36	0.98	0.98	0.68	-0.28	0.98	0.99	0.78	0.85	0.63	-0.54
Retained Earnings	0.69	0.98	0.92	0.86	0.87	0.82	0.98	0.92		0.8	-0.47	0.98	0.49	-0.47	0.76	0.49	0.97	0.95	0.66	-0.59	0.97	0.93	0.77	0.75	0.76	-0.76
Accounts Payable	0.72	0.8	0.78	0.85	0.78	0.91	0.8	0.78	0.8		-0.44	0.79	0.55	-0.44	0.94	0.35	0.79	0.81	0.79	-0.51	0.8	0.81	0.93	0.7	0.89	-0.78
Cash	-0.34	-0.48	-0.46	-0.41	-0.57	-0.4	-0.49	-0.46	-0.47	-0.44		-0.48	-0.08	1.0	-0.51	-0.36	-0.45	-0.52	-0.37	0.29	-0.48	-0.53	-0.43	-0.57	-0.4	0.29
Non Current Assets Total	0.6	1.0	0.97	0.79	0.92	0.76	1.0	0.97	0.98	0.79	-0.48		0.56	-0.48	0.77	0.42	1.0	0.98	0.64	-0.48	1.0	0.97	0.77	0.82	0.72	-0.67
Non Currrent Assets Other	0.1	0.55	0.64	0.43	0.4	0.52	0.53	0.64	0.49	0.55	-0.08	0.56		-0.08	0.41	0.11	0.6	0.53	0.53	0.15	0.58	0.6	0.54	0.37	0.41	-0.17
Cash And Short Term Investments	-0.34	-0.48	-0.46	-0.41	-0.57	-0.4	-0.49	-0.46	-0.47	-0.44	1.0	-0.48	-0.08		-0.51	-0.36	-0.45	-0.52	-0.37	0.29	-0.48	-0.53	-0.43	-0.57	-0.4	0.29
Net Receivables	0.71	0.78	0.77	0.8	0.77	0.87	0.78	0.77	0.76	0.94	-0.51	0.77	0.41	-0.51		0.41	0.77	0.8	0.8	-0.5	0.78	0.8	0.95	0.71	0.86	-0.75
Common Stock Total Equity	0.42	0.42	0.36	0.7	0.31	0.6	0.44	0.36	0.49	0.35	-0.36	0.42	0.11	-0.36	0.41		0.41	0.41	0.38	-0.28	0.4	0.37	0.44	0.21	0.51	-0.38
Non Current Liabilities Total	0.57	1.0	0.98	0.78	0.89	0.76	0.99	0.98	0.97	0.79	-0.45	1.0	0.6	-0.45	0.77	0.41		0.98	0.69	-0.44	1.0	0.98	0.79	0.79	0.7	-0.66
Inventory	0.56	0.99	0.98	0.77	0.94	0.74	0.99	0.98	0.95	0.81	-0.52	0.98	0.53	-0.52	0.8	0.41	0.98		0.67	-0.44	0.99	0.98	0.79	0.87	0.7	-0.64
Other Current Assets	0.5	0.66	0.68	0.71	0.55	0.74	0.64	0.68	0.66	0.79	-0.37	0.64	0.53	-0.37	0.8	0.38	0.69	0.67		-0.37	0.67	0.72	0.94	0.47	0.61	-0.69
Other Stockholder Equity	-0.91	-0.48	-0.28	-0.66	-0.41	-0.59	-0.5	-0.28	-0.59	-0.51	0.29	-0.48	0.15	0.29	-0.5	-0.28	-0.44	-0.44	-0.37		-0.44	-0.36	-0.46	-0.24	-0.66	0.9
Total Liab	0.57	1.0	0.98	0.78	0.92	0.76	1.0	0.98	0.97	0.8	-0.48	1.0	0.58	-0.48	0.78	0.4	1.0	0.99	0.67	-0.44		0.98	0.79	0.83	0.71	-0.66
Property Plant And Equipment Gross	0.5	0.98	0.99	0.73	0.91	0.72	0.97	0.99	0.93	0.81	-0.53	0.97	0.6	-0.53	0.8	0.37	0.98	0.98	0.72	-0.36	0.98		0.81	0.84	0.66	-0.6
Total Current Assets	0.64	0.78	0.78	0.83	0.71	0.88	0.77	0.78	0.77	0.93	-0.43	0.77	0.54	-0.43	0.95	0.44	0.79	0.79	0.94	-0.46	0.79	0.81		0.63	0.8	-0.77
Short Term Debt	0.38	0.82	0.85	0.55	0.97	0.53	0.82	0.85	0.75	0.7	-0.57	0.82	0.37	-0.57	0.71	0.21	0.79	0.87	0.47	-0.24	0.83	0.84	0.63		0.55	-0.4
Common Stock	0.89	0.72	0.63	0.89	0.66	0.95	0.73	0.63	0.76	0.89	-0.4	0.72	0.41	-0.4	0.86	0.51	0.7	0.7	0.61	-0.66	0.71	0.66	0.8	0.55		-0.81
Current Deferred Revenue	-0.91	-0.67	-0.54	-0.84	-0.57	-0.81	-0.69	-0.54	-0.76	-0.78	0.29	-0.67	-0.17	0.29	-0.75	-0.38	-0.66	-0.64	-0.69	0.9	-0.66	-0.6	-0.77	-0.4	-0.81

Click cells to compare fundamentals

Pinnacle West Account Relationship Matchups

Pinnacle West fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Common Stock Shares Outstanding	113.2M	113.4M	113.8M	116.2M	133.7M	106.3M
Total Assets	22.0B	22.7B	24.7B	26.1B	30.0B	31.5B
Short Long Term Debt Total	8.2B	8.9B	10.3B	11.0B	12.7B	13.3B
Other Current Liab	610.4M	628.9M	685.6M	669.3M	769.7M	521.4M
Total Current Liabilities	1.8B	1.8B	2.9B	2.8B	3.3B	3.4B
Total Stockholder Equity	5.9B	6.0B	6.2B	6.8B	7.8B	4.2B
Property Plant And Equipment Net	16.6B	17.4B	19.0B	20.2B	23.2B	24.4B
Net Debt	8.2B	8.9B	10.3B	11.0B	12.7B	13.3B
Retained Earnings	3.3B	3.4B	3.5B	3.7B	4.2B	4.4B
Accounts Payable	393.1M	430.4M	442.5M	485.4M	558.2M	317.4M
Cash	10.0M	4.8M	5.0M	3.8M	3.5M	3.3M
Non Current Assets Total	20.5B	21.0B	22.7B	24.4B	28.1B	29.5B
Non Currrent Assets Other	1.9B	1.9B	1.9B	1.9B	2.2B	1.7B
Cash And Short Term Investments	10.0M	4.8M	5.0M	3.8M	3.5M	3.3M
Net Receivables	508.1M	608.3M	659.3M	677.7M	779.3M	457.8M
Liabilities And Stockholders Equity	22.0B	22.7B	24.7B	26.1B	30.0B	31.5B
Non Current Liabilities Total	14.2B	14.8B	15.5B	16.4B	18.9B	19.8B
Inventory	367.2M	450.6M	493.5M	501.4M	576.7M	605.5M
Other Current Assets	665.9M	686.8M	769.1M	506.5M	582.4M	304.1M
Other Stockholder Equity	(6.4M)	(5.0M)	(8.2M)	(3.3M)	(3.0M)	(2.8M)
Total Liab	16.0B	16.6B	18.4B	19.2B	22.1B	23.2B
Property Plant And Equipment Gross	24.5B	25.7B	27.8B	29.6B	34.1B	35.8B
Total Current Assets	1.6B	1.8B	1.9B	1.7B	1.9B	1.1B
Accumulated Other Comprehensive Income	(54.9M)	(31.4M)	(33.1M)	(30.9M)	(35.6M)	(37.4M)
Short Term Debt	542.4M	496.6M	1.6B	1.5B	1.7B	1.8B
Common Stock	2.7B	2.7B	2.8B	3.1B	3.6B	2.4B
Current Deferred Revenue	42.3M	41.8M	42.0M	44.3M	39.9M	71.9M
Other Liab	6.0B	6.2B	6.6B	6.4B	7.4B	7.8B
Other Assets	3.7B	3.3B	3.4B	1.1B	1.3B	1.9B
Long Term Debt	6.9B	7.7B	7.5B	8.1B	9.3B	9.7B
Property Plant Equipment	16.0B	2.7B	3.0B	3.2B	3.7B	3.5B
Intangible Assets	273.7M	258.9M	267.1M	591.3M	680.0M	714.0M
Short Term Investments	2.9M	63.5M	5.7B	38.6M	34.7M	33.0M
Deferred Long Term Liab	1.3B	1.1B	1.2B	1.3B	1.5B	934.3M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

JBL	Jabil Circuit
MRK	Merck Company
AMGN	Amgen Inc

Additional Tools for Pinnacle Stock Analysis

When running Pinnacle West's price analysis, check to measure Pinnacle West's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pinnacle West is operating at the current time. Most of Pinnacle West's value examination focuses on studying past and present price action to predict the probability of Pinnacle West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle West's price. Additionally, you may evaluate how the addition of Pinnacle West to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC

Pinnacle Free Cash Flow Yield vs Capex To Depreciation Analysis

Free Cash Flow Yield vs Capex To Depreciation

Free Cash Flow Yield vs Capex To Depreciation Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Capex To Depreciation

Pinnacle West fundamental ratios Correlations

Pinnacle West Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Pinnacle West fundamental ratios Accounts

Also Currently Popular

Additional Tools for Pinnacle Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net

Current Deferred Revenue	- 0.91	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.91	Common Stock Shares Outstanding
Current Deferred Revenue	- 0.84	Other Current Liab
Current Deferred Revenue	- 0.81	Common Stock
Current Deferred Revenue	- 0.81	Total Stockholder Equity
Current Deferred Revenue	- 0.78	Accounts Payable