Pinnacle West Capital Corporati — Earnings Quality Grade F
PNW · Utilities
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 40 days, change +2 days YoY
AR growth 10.3% exceeds revenue growth 4.2%
Revenue 4.2%, CFFO 12.1%. Cash follows revenue
Expense Quality
Inventory 12.7% vs COGS 4.4%. Normal
CapEx growth 16.7% vs revenue 4.2%. Normal
Insufficient data
Gross margin 41.6%, change -0.1pp. Stable
Cash Flow Quality
CFFO/NI = 2.93. Profits backed by cash
FCF < 50% of Net Income for 3 years
Accruals ratio = -4.0%. Low accruals
Cash $0.0B covers only 0% of debt $14.3B
Balance Sheet Health
No goodwill. Clean balance sheet
Debt/EBITDA = 6.7x (>4x). Financial stress
Other assets grew 26.0% vs revenue 4.2%
No write-off data
Acquisition Risk
FCF after acquisitions negative for 3 years
No goodwill
Manipulation Score
Insufficient data
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10