Pinnacle West Capital Gross Margin 2010-2024 | PNW
- Pinnacle West Capital average gross margin for 2023 was 60.73%, a 7.69% increase from 2022.
- Pinnacle West Capital average gross margin for 2022 was 65.79%, a 7.46% decline from 2021.
- Pinnacle West Capital average gross margin for 2021 was 71.09%, a 0.34% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.