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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Pinnacle West Capital's Goodwill for the quarter that ended in Jun. 2026 was €0 Mil. Pinnacle West Capital's Total Assets for the quarter that ended in Jun. 2026 was €28,277 Mil.
Therefore, Pinnacle West Capital's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.00.
Pinnacle West Capital (FRA:PWC) Goodwill-to-Asset Explanation
If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.
Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.
Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.
Pinnacle West Capital Goodwill-to-Asset Related Terms
Pinnacle West Capital Goodwill-to-Asset Historical Data
* Premium members only.
The historical data trend for Pinnacle West Capital's Goodwill-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:PWC vs OGE, IDA, LNT: Goodwill-to-Asset Comparison
For the Utilities - Regulated Electric subindustry, Pinnacle West Capital's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Pinnacle West Capital Goodwill-to-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Pinnacle West Capital's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Pinnacle West Capital's Goodwill-to-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Pinnacle West Capital (FRA:PWC) has a Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Pinnacle West Capital and its competitors.
Is Pinnacle West Capital's Goodwill-to-Asset too high?
Pinnacle West Capital's current Goodwill-to-Asset is 0.00. Overall, Pinnacle West Capital has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pinnacle West Capital's Goodwill-to-Asset compare to OGE and IDA?
Pinnacle West Capital's Goodwill-to-Asset of 0.00 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for an Utilities - Regulated company?
A good Goodwill-to-Asset depends on the Utilities - Regulated industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Pinnacle West Capital and its competitors. Pinnacle West Capital's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pinnacle West Capital stock overvalued right now?
Based on GuruFocus' analysis, Pinnacle West Capital (FRA:PWC) is currently considered Fairly Valued. The stock's GF Value™ is €77.76, compared to a current price of €83.52 — trading 7.4% above its estimated fair value. The current Goodwill-to-Asset is 0.00. Pinnacle West Capital's overall GF Score™ is 79/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Pinnacle West Capital (FRA:PWC), the current Goodwill-to-Asset is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Pinnacle West Capital (FRA:PWC) Overvalued in 2026?
Based on GuruFocus' analysis, Pinnacle West Capital stock appears to be overvalued.
The current stock price of €83.52 is trading 7.4% above its estimated GF Value™ of €77.76.
GuruFocus considers Pinnacle West Capital to be Fairly Valued.
Key valuation signals for FRA:PWC:
Goodwill-to-Asset: 0.00
GF Value™: €77.76 vs. price of €83.52 (7.4% above fair value)
No single metric tells the full story. See the FRA:PWC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility serving approximately 1.4 million customers across a 35,000-square-mile territory in central Arizona, including the Phoenix area. APS owns or leases 6.5 gigawatts of power generation capacity, including a 29% ownership stake in one of the largest nuclear plants in the US, Palo Verde. Half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear.
79GF Score
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