Companies: 10,795·Total market cap: $144.5T
Pinnacle West Capital Corporation

Pinnacle West Capital Corporation

PNWNYSEUtilities● Active
$101.29
$-1.77(-1.72%)
Market Cap$12.3B
P/E Ratio—
52W High$104.92
52W Low$85.32
Overview

Pinnacle West Capital Corporation (PNW) Shares Outstanding — Overview

Basic and diluted weighted average shares, YoY change, float context, and historical trend from SEC filings and FMP.

PNW · shares outstanding · updated Jun 10, 2026

Key metrics

Basic Shares Outstanding · Weighted average · fiscal year
119.7M▲ +5.13% YoY Change
FY · as of Dec 31, 2025 · Reported in USD
vs 113.8M in FY 2024
Diluted Shares Outstanding
122.0M
incl. options, RSUs, convertibles
Dilution Spread
+1.91%
Diluted vs Basic
YoY Change
+5.13%
year-over-year
Float (Free Float)
120.4M
publicly tradable shares
99.3% of total
Source: FMP /income-statement · /shares-float · SEC 10-K / 10-QUpdated: 2026-06-10

Shares Outstanding Growth Rate

3-Year CAGRincreasing
+1.9%
2022 → 2025
5-Year CAGRincreasing
+1.2%
2020 → 2025
10-Year CAGRincreasing
+0.8%
2015 → 2025
ⓘ

Negative CAGR typically indicates share buyback or retirement activity. Interpret alongside Splits and Financials tabs. Splits / Financials

Shares outstanding history

↓ Decrease — typically buyback / retirement
↑ Increase — issuance / equity compensation
Latest
* most recent reported · FMP /income-statement · weightedAverageShsOut

Annual shares outstanding by year

FY 2025Latest
Diluted Shares: 122.0M
119.7M
+5.13%
FY 2024
Diluted Shares: 116.2M
113.8M
+0.36%
FY 2023
Diluted Shares: 113.8M
113.4M
+0.22%
FY 2022
Diluted Shares: 113.4M
113.2M
+0.25%
FY 2021
Diluted Shares: 113.2M
112.9M
+0.22%
FMP /income-statement · weightedAverageShsOut · weightedAverageShsOutDilUnit: Billions (B)

Utilities sector shares outstanding comparison

Shares Outstanding for similar companies or competitors in the Utilities sector.

#SymbolCompanyShares (Basic)vs PNW
#1
NextEra Energy, Inc.NEE
NextEra Energy, Inc.
2.089B+>999%
#2
The Southern CompanySO
The Southern Company
1.103B+821.6%
#3
National Grid plcNGG
National Grid plc
989.2M+726.5%
#4
Duke Energy CorporationDUK
Duke Energy Corporation
777.0M+549.2%
#5
Constellation Energy CorporationCEG
Constellation Energy Corporation
313.0M+161.5%
#6
GE Vernova Inc.GEV
GE Vernova Inc.
272.0M+127.3%
#7
Pinnacle West Capital CorporationPNW
Pinnacle West Capital CorporationYOU
119.7M—

/company-screener · per-peer /income-statement · cache 86400s

Understanding Shares Outstanding

What Are Shares Outstanding? (Basic)

Pinnacle West Capital Corporation (PNW) shares outstanding is the total number of issued shares held by shareholders — the basis for Basic EPS and market capitalization. As of December 31, 2025, Pinnacle West Capital Corporation reports 119.7M basic shares outstanding (weighted average).

Basic vs. Diluted Shares Outstanding

Pinnacle West Capital Corporation's basic shares outstanding (119.7M) represents currently issued shares. Diluted shares outstanding (122.0M) also includes potential shares from stock options, RSUs, and convertibles. Dilution spread: +1.91%.

Shares Outstanding vs. Float (Free Float)

Pinnacle West Capital Corporation's float is 120.4M (99.3% of total shares outstanding) — shares freely available for public trading, excluding insider-held and restricted shares.

Float120.4M(99.3%)
Outstanding121.2M

ⓘ Float data from /shares-float reflects the most recent SEC filing period-end. The weighted average shares (from /income-statement) may differ — this is a normal reporting window difference, not a data error.

FMP /income-statement · /shares-float · SEC EDGAR · USD

About shares outstanding & methodology

Pinnacle West Capital Corporation (PNW) shares outstanding history from 2006 to 2025. Shares outstanding can be defined as the total number of shares held by all shareholders — including institutional investors, retail investors, and company insiders — assuming conversion of all convertible debt, securities, warrants, and options. This metric excludes the company's treasury shares.

Pinnacle West Capital Corporation shares outstanding for the fiscal year ending December 31, 2025 were 119.7M, a 5.13% increase year-over-year. Pinnacle West Capital Corporation FY 2025 shares outstanding were 119.7M, a +5.13% increase from FY 2024.

Pinnacle West Capital Corporation is a leading company operating in the Utilities sector. The company's share count trajectory — with a 10-year CAGR of +0.8% — is a key signal for investors evaluating capital return policy, EPS accretion, and long-term shareholder value creation.

Figures tie to SEC 10-K/10-Q income statement disclosures and FMP /income-statement · /shares-float where noted.
Market capSplitsEarningsFinancials (Income)Cash on handFree cash flowNet incomePrice history

Frequently asked questions

PNW shares outstanding · 4 questions

As of December 31, 2025, Pinnacle West Capital Corporation (PNW) has approximately 119.7M basic shares outstanding and 122.0M diluted shares outstanding. This represents a +5.13% year-over-year increase from FY 2024 (113.8M). The increase may reflect equity compensation issuances or secondary offerings.

PNW shares outstandinghow many shares does PNW havePNW basic shares 2025PNW diluted shares

▸ Data: FMP /income-statement · /shares-float · SEC EDGAR · weighted average basis · Pinnacle West Capital Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: 2026-06-10