PINNACLE WEST CAPITAL CORPORATION — Cash Flow Charts
8 quarters of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Capital Allocation
How management deploys cash: investing in the business (Capex + M&A) vs returning to shareholders (Buybacks + Dividends).
Capital Allocation Waterfall
Buybacks vs Stock-Based Comp
Cash Flow
Cash Flow by Activity
Operating Cash Flow↑+8.5% +$37M
$477M
Free Cash Flow↓-109.2% -$101M
$-193M
Investing Cash Flow↓-38.2% -$162M
$-586M
Financing Cash Flow
$44M
Capex↑+25.9% +$138M
$670M
Stock Buybacks
$3M
Dividends Paid↑+7.2% +$7M
$107M
Stock-Based Comp↓-5.9% -$387K
$6M
Debt Issued
$0
Debt Repaid
—
D&A↓-2.7% -$7M
$238M
SBC Allocated Expense↓-5.9% -$387K
$6M