ED vs. PNW: Consolidated Edison vs. Pinnacle West Capital Stock Comparison
How do Consolidated Edison (ED) and Pinnacle West Capital (PNW) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Consolidated Edison (ED) and Pinnacle West Capital (PNW) both fall under the Utilities industry group, but ED is classified in Multi-Utilities while PNW is classified in Electric Utilities.
| Profile Item | ED | PNW |
|---|---|---|
| Name | Consolidated Edison Inc. | Pinnacle West Capital Corporation |
| Country/Region | United States | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Multi-Utilities | Electric Utilities |
| GICS Sub-Industry | Multi-Utilities | Electric Utilities |
| Market Capitalization | 44.00 billion USD | 12.63 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | February 21, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ED | PNW |
|---|---|---|
| Total Return (1Y) | 24.62% | 24.23% |
| Total Return (3Y, Annualized) | 13.82% | 18.78% |
| Total Return (5Y, Annualized) | 12.66% | 15.87% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ED | PNW |
|---|---|---|
| Volatility (1Y, Annualized) | 17.94% | 17.21% |
| Beta (5Y) | 0.23 | 0.48 |
| Max Drawdown (5Y) | -22.03% | -24.02% |
| Avg. Volume (3M) | 2.21M | 1.28M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ED | PNW |
|---|---|---|
| Sharpe Ratio (1Y) | 1.13 | 1.16 |
| Sortino Ratio (1Y) | 1.74 | 1.77 |
Profitability
ROE (TTM)
Both Consolidated Edison (ED) at 9.10% and Pinnacle West Capital (PNW) at 9.09% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
ED
Utilities industry group
9.10%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- ED
- 9.10%
- Q1
- 7.56%
- Min
- 2.17%
PNW
Utilities industry group
9.09%
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- PNW
- 9.09%
- Q1
- 7.56%
- Min
- 2.17%
Net Margin (TTM)
Both Consolidated Edison (ED) at 12.70% and Pinnacle West Capital (PNW) at 11.59% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
ED
Utilities industry group
12.70%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- ED
- 12.70%
- Q1
- 9.18%
- Min
- -0.20%
PNW
Utilities industry group
11.59%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- PNW
- 11.59%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Pinnacle West Capital (PNW) at 31.70% operates in the top operating margin quartile, ahead of Consolidated Edison (ED) at 26.28%, which runs around its industry’s norm.
ED
Utilities industry group
26.28%
- Max
- 53.83%
- Q3
- 31.12%
- ED
- 26.28%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
PNW
Utilities industry group
31.70%
- Max
- 53.83%
- PNW
- 31.70%
- Q3
- 31.12%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | ED | PNW |
|---|---|---|
| ROE (TTM) | 9.10% | 9.09% |
| ROA (TTM) | 3.33% | 2.36% |
| Net Margin (TTM) | 12.70% | 11.59% |
| Operating Margin (TTM) | 26.28% | 31.70% |
| Gross Margin (TTM) | 53.72% | 43.84% |
Growth
Revenue Growth
Both Consolidated Edison (ED) at 10.89% and Pinnacle West Capital (PNW) at 4.20% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Consolidated Edison (ED) at 7.63% and Pinnacle West Capital (PNW) at -3.63% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | ED | PNW |
|---|---|---|
| Revenue Growth (YoY) | 10.89% | 4.20% |
| Revenue Growth (3Y CAGR) | 2.59% | 7.28% |
| EPS Growth (YoY) | 7.63% | -3.63% |
| EPS Growth (3Y CAGR) | 6.57% | 5.83% |
Financial Strength
Current Ratio (MRQ)
Pinnacle West Capital (PNW) at 0.71 keeps current ratio within its industry’s typical mid-range, while Consolidated Edison (ED) at 1.18 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
ED
Utilities industry group
1.18
- Max
- 1.90
- ED
- 1.18
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
PNW
Utilities industry group
0.71
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- PNW
- 0.71
- Q1
- 0.66
- Min
- 0.29
Debt / Equity (MRQ)
Consolidated Edison (ED) at 1.06 carries an industry-typical debt-to-equity mix, while Pinnacle West Capital (PNW) at 2.26 uses more debt funding than most peers.
ED
Utilities industry group
1.06
- Max
- 2.63
- Q3
- 1.77
- Median
- 1.35
- ED
- 1.06
- Q1
- 0.84
- Min
- 0.00
PNW
Utilities industry group
2.26
- Max
- 2.63
- PNW
- 2.26
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | ED | PNW |
|---|---|---|
| Current Ratio (MRQ) | 1.18 | 0.71 |
| Debt / Equity (MRQ) | 1.06 | 2.26 |
| Net Debt / EBITDA | 4.42 | 7.67 |
Dividends
Dividend Yield (TTM)
Both Consolidated Edison (ED) at 2.89% and Pinnacle West Capital (PNW) at 3.51% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
ED
Utilities industry group
2.89%
- Max
- 6.66%
- Q3
- 3.58%
- ED
- 2.89%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
PNW
Utilities industry group
3.51%
- Max
- 6.66%
- Q3
- 3.58%
- PNW
- 3.51%
- Median
- 2.85%
- Q1
- 0.66%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Consolidated Edison (ED) at 56.38% and Pinnacle West Capital (PNW) at 68.42% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
ED
Utilities industry group
56.38%
- Max
- 113.04%
- Q3
- 68.72%
- ED
- 56.38%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
PNW
Utilities industry group
68.42%
- Max
- 113.04%
- Q3
- 68.72%
- PNW
- 68.42%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
Dividend Metrics
| Metric | ED | PNW |
|---|---|---|
| Dividend Yield (TTM) | 2.89% | 3.51% |
| Dividend Payout Ratio (TTM) | 56.38% | 68.42% |
Valuation
P/E Ratio (TTM)
Both Consolidated Edison (ED) at 19.03 and Pinnacle West Capital (PNW) at 19.59 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
ED
Utilities industry group
19.03
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- ED
- 19.03
- Q1
- 15.17
- Min
- 3.34
PNW
Utilities industry group
19.59
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- PNW
- 19.59
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
On P/S ratio, both Consolidated Edison (ED) at 2.43 and Pinnacle West Capital (PNW) at 2.21 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
ED
Utilities industry group
2.43
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- ED
- 2.43
- Q1
- 1.52
- Min
- 0.00
PNW
Utilities industry group
2.21
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- PNW
- 2.21
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Consolidated Edison (ED) at 1.67 and Pinnacle West Capital (PNW) at 1.69 are valued close to their industries’ norm against book — neither stands out from peers.
ED
Utilities industry group
1.67
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- ED
- 1.67
- Q1
- 1.46
- Min
- 0.34
PNW
Utilities industry group
1.69
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- PNW
- 1.69
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | ED | PNW |
|---|---|---|
| P/E Ratio (TTM) | 19.03 | 19.59 |
| P/S Ratio (TTM) | 2.43 | 2.21 |
| P/B Ratio (MRQ) | 1.67 | 1.69 |
| Free Cash Flow Yield (TTM) | -3.05% | -7.90% |