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Side-by-side financial comparison of Pinnacle West Capital (PNW) and Roper Technologies (ROP). Click either name above to swap in a different company.

Roper Technologies is the larger business by last-quarter revenue ($2.1B vs $1.1B, roughly 1.9× Pinnacle West Capital). Roper Technologies runs the higher net margin — 15.8% vs 1.6%, a 14.2% gap on every dollar of revenue. On growth, Roper Technologies posted the faster year-over-year revenue change (11.3% vs 3.0%). Roper Technologies produced more free cash flow last quarter ($507.0M vs $-192.7M). Over the past eight quarters, Roper Technologies's revenue compounded faster (10.5% CAGR vs 8.9%).

Pinnacle West Capital Corporation is an American utility holding company that owns Arizona Public Service (APS). It is publicly traded on the New York Stock exchange and a component of the S&P 500 stock market index. APS is the largest utility company in Arizona and is regulated by the Arizona Corporation Commission (ACC).

PNW vs ROP — Head-to-Head

Bigger by revenue
ROP
ROP
1.9× larger
ROP
$2.1B
$1.1B
PNW
Growing faster (revenue YoY)
ROP
ROP
+8.3% gap
ROP
11.3%
3.0%
PNW
Higher net margin
ROP
ROP
14.2% more per $
ROP
15.8%
1.6%
PNW
More free cash flow
ROP
ROP
$699.7M more FCF
ROP
$507.0M
$-192.7M
PNW
Faster 2-yr revenue CAGR
ROP
ROP
Annualised
ROP
10.5%
8.9%
PNW

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PNW
PNW
ROP
ROP
Revenue
$1.1B
$2.1B
Net Profit
$17.6M
$331.0M
Gross Margin
69.4%
Operating Margin
10.7%
27.2%
Net Margin
1.6%
15.8%
Revenue YoY
3.0%
11.3%
Net Profit YoY
798.0%
53.7%
EPS (diluted)
$0.12
$4.87

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PNW
PNW
ROP
ROP
Q1 26
$2.1B
Q4 25
$1.1B
$2.1B
Q3 25
$1.8B
$2.0B
Q2 25
$1.4B
$1.9B
Q1 25
$1.0B
$1.9B
Q4 24
$1.1B
$1.9B
Q3 24
$1.8B
$1.8B
Q2 24
$1.3B
$1.7B
Net Profit
PNW
PNW
ROP
ROP
Q1 26
$331.0M
Q4 25
$17.6M
$428.4M
Q3 25
$417.5M
$398.5M
Q2 25
$196.9M
$378.3M
Q1 25
$-338.0K
$331.1M
Q4 24
$-2.5M
$462.3M
Q3 24
$399.3M
$367.9M
Q2 24
$208.1M
$337.1M
Gross Margin
PNW
PNW
ROP
ROP
Q1 26
69.4%
Q4 25
69.5%
Q3 25
69.5%
Q2 25
69.2%
Q1 25
68.7%
Q4 24
68.3%
Q3 24
69.2%
Q2 24
69.5%
Operating Margin
PNW
PNW
ROP
ROP
Q1 26
27.2%
Q4 25
10.7%
28.6%
Q3 25
32.0%
28.4%
Q2 25
22.6%
28.2%
Q1 25
5.5%
27.9%
Q4 24
7.7%
28.0%
Q3 24
30.9%
28.1%
Q2 24
24.0%
28.8%
Net Margin
PNW
PNW
ROP
ROP
Q1 26
15.8%
Q4 25
1.6%
20.8%
Q3 25
22.9%
19.8%
Q2 25
14.5%
19.5%
Q1 25
-0.0%
17.6%
Q4 24
-0.2%
24.6%
Q3 24
22.6%
20.8%
Q2 24
15.9%
19.6%
EPS (diluted)
PNW
PNW
ROP
ROP
Q1 26
$4.87
Q4 25
$0.12
$3.97
Q3 25
$3.39
$3.68
Q2 25
$1.58
$3.49
Q1 25
$-0.04
$3.06
Q4 24
$-0.04
$4.29
Q3 24
$3.37
$3.40
Q2 24
$1.76
$3.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PNW
PNW
ROP
ROP
Cash + ST InvestmentsLiquidity on hand
$6.6M
$382.9M
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$7.0B
$18.8B
Total Assets
$30.0B
$34.6B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PNW
PNW
ROP
ROP
Q1 26
$382.9M
Q4 25
$6.6M
$297.4M
Q3 25
$30.9M
$320.0M
Q2 25
$18.8M
$242.4M
Q1 25
$10.0M
$372.8M
Q4 24
$3.8M
$188.2M
Q3 24
$49.2M
$269.6M
Q2 24
$4.0M
$251.5M
Total Debt
PNW
PNW
ROP
ROP
Q1 26
$9.7B
Q4 25
$9.3B
Q3 25
Q2 25
Q1 25
Q4 24
$7.6B
Q3 24
Q2 24
Stockholders' Equity
PNW
PNW
ROP
ROP
Q1 26
$18.8B
Q4 25
$7.0B
$19.9B
Q3 25
$7.2B
$20.0B
Q2 25
$6.7B
$19.6B
Q1 25
$6.7B
$19.2B
Q4 24
$6.8B
$18.9B
Q3 24
$6.6B
$18.5B
Q2 24
$6.2B
$18.1B
Total Assets
PNW
PNW
ROP
ROP
Q1 26
$34.6B
Q4 25
$30.0B
$34.6B
Q3 25
$29.9B
$34.6B
Q2 25
$29.2B
$33.2B
Q1 25
$27.2B
$31.4B
Q4 24
$26.1B
$31.3B
Q3 24
$26.3B
$31.6B
Q2 24
$25.7B
$29.8B
Debt / Equity
PNW
PNW
ROP
ROP
Q1 26
0.52×
Q4 25
0.47×
Q3 25
Q2 25
Q1 25
Q4 24
0.40×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PNW
PNW
ROP
ROP
Operating Cash FlowLast quarter
$476.8M
Free Cash FlowOCF − Capex
$-192.7M
$507.0M
FCF MarginFCF / Revenue
-17.1%
24.2%
Capex IntensityCapex / Revenue
59.3%
0.5%
Cash ConversionOCF / Net Profit
27.09×
TTM Free Cash FlowTrailing 4 quarters
$-819.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PNW
PNW
ROP
ROP
Q1 26
Q4 25
$476.8M
$738.0M
Q3 25
$665.0M
$869.5M
Q2 25
$261.4M
$404.1M
Q1 25
$401.9M
$528.7M
Q4 24
$439.5M
$722.2M
Q3 24
$633.2M
$755.4M
Q2 24
$189.8M
$384.1M
Free Cash Flow
PNW
PNW
ROP
ROP
Q1 26
$507.0M
Q4 25
$-192.7M
Q3 25
$42.0M
Q2 25
$-448.1M
Q1 25
$-220.7M
Q4 24
$-92.1M
Q3 24
$-32.7M
Q2 24
$-344.2M
FCF Margin
PNW
PNW
ROP
ROP
Q1 26
24.2%
Q4 25
-17.1%
Q3 25
2.3%
Q2 25
-33.0%
Q1 25
-21.4%
Q4 24
-8.4%
Q3 24
-1.8%
Q2 24
-26.3%
Capex Intensity
PNW
PNW
ROP
ROP
Q1 26
0.5%
Q4 25
59.3%
Q3 25
34.2%
Q2 25
52.2%
Q1 25
60.3%
Q4 24
48.5%
Q3 24
37.6%
Q2 24
40.8%
Cash Conversion
PNW
PNW
ROP
ROP
Q1 26
Q4 25
27.09×
1.72×
Q3 25
1.59×
2.18×
Q2 25
1.33×
1.07×
Q1 25
1.60×
Q4 24
1.56×
Q3 24
1.59×
2.05×
Q2 24
0.91×
1.14×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PNW
PNW

Electricand Transmission Service$1.1B100%
Other Services$4.4M0%

ROP
ROP

Segment breakdown not available.

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