Pinnacle West Capital Corp. Files 2024 10-K
Ticker: PNW · Form: 10-K · Filed: Feb 25, 2025 · CIK: 764622
| Field | Detail |
|---|---|
| Company | Pinnacle West Capital Corp (PNW) |
| Form Type | 10-K |
| Filed Date | Feb 25, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, utility, electric-services, regulatory
TL;DR
PNW dropped its 2024 10-K. Looks like they're investing big in grid upgrades & clean energy.
AI Summary
Pinnacle West Capital Corp. (PNW) filed its 2024 10-K on February 25, 2025, detailing its operations and financial performance for the fiscal year ending December 31, 2024. The filing covers its primary subsidiary, Arizona Public Service Co. (APS), which is a regulated electric utility. The report outlines the company's business, financial condition, and risk factors, including regulatory matters and capital expenditures necessary for grid modernization and clean energy transition.
Why It Matters
This filing provides investors and stakeholders with a comprehensive overview of Pinnacle West's financial health and strategic direction for the past year, crucial for understanding its future performance and investment potential.
Risk Assessment
Risk Level: medium — The company operates in a heavily regulated industry, making it susceptible to changes in regulatory policy and rate decisions.
Key Numbers
- 2024 — Fiscal Year (Reporting period for the 10-K filing.)
- 1231 — Fiscal Year End (Indicates the end date of the reporting fiscal year.)
Key Players & Entities
- PINNACLE WEST CAPITAL CORP (company) — Filer
- ARIZONA PUBLIC SERVICE CO (company) — Subsidiary
- 2024 (date) — Fiscal Year End
- February 25, 2025 (date) — Filing Date
- 400 NORTH FIFTH STREET (location) — Business Address
FAQ
What is the primary business of Pinnacle West Capital Corp.?
Pinnacle West Capital Corp.'s primary business is conducted through its subsidiary, Arizona Public Service Co. (APS), which is a regulated electric utility.
When was the 2024 10-K filing submitted?
The 2024 10-K filing was submitted on February 25, 2025.
What is the Standard Industrial Classification (SIC) code for Pinnacle West Capital Corp.?
The SIC code for Pinnacle West Capital Corp. is 4911, which corresponds to Electric Services.
Where is Pinnacle West Capital Corp. headquartered?
Pinnacle West Capital Corp. is headquartered in Phoenix, Arizona, with its business address listed as 400 North Fifth Street.
What was the previous name of Pinnacle West Capital Corp.?
The former name of Pinnacle West Capital Corp. was AZP GROUP INC, with a date of name change on May 6, 1987.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on February 25, 2025 regarding PINNACLE WEST CAPITAL CORP (PNW).