Seek Returns

EMA vs. PNW: Emera vs. Pinnacle West Capital Stock Comparison

How do Emera (EMA) 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

Emera (EMA) and Pinnacle West Capital (PNW) are both classified in the Electric Utilities sub-industry within the broader Electric Utilities industry, placing them in the closest GICS peer bucket.

Company profile comparison for Emera (EMA) and Pinnacle West Capital (PNW)
Profile ItemEMAPNW
NameEmera Inc.Pinnacle West Capital Corporation
Country/RegionCanadaUnited States
GICS SectorUtilitiesUtilities
GICS Industry GroupUtilitiesUtilities
GICS IndustryElectric UtilitiesElectric Utilities
GICS Sub-IndustryElectric UtilitiesElectric Utilities
Market Capitalization15.62 billion USD12.63 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJanuary 5, 2010February 21, 1973
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

EMA
PNW
GSPC
Loading price history…
Emera (EMA) vs. Pinnacle West Capital (PNW), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for Emera (EMA) and Pinnacle West Capital (PNW). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Emera (EMA) and Pinnacle West Capital (PNW). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Emera (EMA) and Pinnacle West Capital (PNW)
MetricEMAPNW
Total Return (1Y)9.07%24.23%
Total Return (3Y, Annualized)18.64%18.78%
Total Return (5Y, Annualized)6.45%15.87%

Risk Profile

Drawdown History

EMA
PNW
GSPC
Loading price history…
Emera (EMA) vs. Pinnacle West Capital (PNW), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for Emera (EMA) and Pinnacle West Capital (PNW). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Emera (EMA) and Pinnacle West Capital (PNW)
MetricEMAPNW
Volatility (1Y, Annualized)16.26%17.21%
Beta (5Y)0.400.48
Max Drawdown (5Y)-32.61%-24.02%
Avg. Volume (3M)713.97K1.28M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
EMA and PNW are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Emera (EMA) and Pinnacle West Capital (PNW)
MetricEMAPNW
Sharpe Ratio (1Y)0.291.16
Sortino Ratio (1Y)0.431.77

Profitability

ROE (TTM)

Both Emera (EMA) at 7.56% 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.

EMA

Utilities industry group

7.56%

Max
17.99%
Q3
12.01%
Median
9.44%
EMA
7.56%
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%
Loading chart…
Emera (EMA) vs. Pinnacle West Capital (PNW): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

Both Emera (EMA) at 11.64% 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.

EMA

Utilities industry group

11.64%

Max
28.78%
Q3
17.30%
Median
12.73%
EMA
11.64%
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%
Loading chart…
Emera (EMA) vs. Pinnacle West Capital (PNW): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Pinnacle West Capital (PNW) at 31.70% operates in the top operating margin quartile, ahead of Emera (EMA) at 17.85%, which runs around its industry’s norm.

EMA

Utilities industry group

17.85%

Max
53.83%
Q3
31.12%
Median
23.62%
EMA
17.85%
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%
Loading chart…
Emera (EMA) vs. Pinnacle West Capital (PNW): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for Emera (EMA) and Pinnacle West Capital (PNW)
MetricEMAPNW
ROE (TTM)7.56%9.09%
ROA (TTM)2.91%2.36%
Net Margin (TTM)11.64%11.59%
Operating Margin (TTM)17.85%31.70%
Gross Margin (TTM)43.76%43.84%

Growth

Revenue Growth

Emera (EMA) at 21.89% sits in the top revenue growth quartile, while Pinnacle West Capital (PNW) at 4.20% is closer to the peer norm — faster top-line expansion for EMA.

Loading chart…
Emera (EMA) vs. Pinnacle West Capital (PNW): A comparison of their Revenue Growth across different time periods.

EPS Growth

Emera (EMA) at 97.66% clears its industry range for EPS growth, a much stronger earnings trajectory than Pinnacle West Capital (PNW) at -3.63%, which is closer to a typical peer reading.

Loading chart…
Emera (EMA) vs. Pinnacle West Capital (PNW): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Emera (EMA) and Pinnacle West Capital (PNW)
MetricEMAPNW
Revenue Growth (YoY)21.89%4.20%
Revenue Growth (3Y CAGR)4.97%7.28%
EPS Growth (YoY)97.66%-3.63%
EPS Growth (3Y CAGR)-1.62%5.83%

Financial Strength

Current Ratio (MRQ)

Both Emera (EMA) at 0.73 and Pinnacle West Capital (PNW) at 0.71 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

EMA

Utilities industry group

0.73

Max
1.90
Q3
1.17
Median
0.88
EMA
0.73
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
Loading chart…
Emera (EMA) vs. Pinnacle West Capital (PNW): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Emera (EMA) at 1.54 carries an industry-typical debt-to-equity mix, while Pinnacle West Capital (PNW) at 2.26 uses more debt funding than most peers.

EMA

Utilities industry group

1.54

Max
2.63
Q3
1.77
EMA
1.54
Median
1.35
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
Loading chart…
Emera (EMA) vs. Pinnacle West Capital (PNW): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Emera (EMA) and Pinnacle West Capital (PNW)
MetricEMAPNW
Current Ratio (MRQ)0.730.71
Debt / Equity (MRQ)1.542.26
Net Debt / EBITDA6.387.67

Dividends

Dividend Yield (TTM)

Emera (EMA) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Pinnacle West Capital (PNW) reports a yield of 3.51%, ranking against industry peers normally.

EMA

Utilities industry group

0.00%

Max
6.66%
Q3
3.58%
Median
2.85%
Q1
0.66%
EMA
0.00%
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%
Loading chart…
Emera (EMA) vs. Pinnacle West Capital (PNW): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Pinnacle West Capital (PNW) at 68.42% pays out a band-typical share of earnings, while Emera (EMA) at 92.48% distributes more than its industry norm — less retained, thinner cover.

EMA

Utilities industry group

92.48%

Max
113.04%
EMA
92.48%
Q3
68.72%
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%
Loading chart…
Emera (EMA) vs. Pinnacle West Capital (PNW): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for Emera (EMA) and Pinnacle West Capital (PNW)
MetricEMAPNW
Dividend Yield (TTM)0.00%3.51%
Dividend Payout Ratio (TTM)92.48%68.42%

Valuation

P/E Ratio (TTM)

Pinnacle West Capital (PNW) at 19.59 is near its industry’s usual P/E ratio, while Emera (EMA) at 23.58 sits in the richer quartile — EMA needs stronger growth or earnings quality to justify the premium.

EMA

Utilities industry group

23.58

Max
31.22
EMA
23.58
Q3
23.30
Median
19.64
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
Loading chart…
Emera (EMA) vs. Pinnacle West Capital (PNW): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Emera (EMA) at 1.75 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.

EMA

Utilities industry group

1.75

Max
6.35
Q3
3.63
Median
2.63
EMA
1.75
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
Loading chart…
Emera (EMA) vs. Pinnacle West Capital (PNW): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Emera (EMA) at 1.80 and Pinnacle West Capital (PNW) at 1.69 are valued close to their industries’ norm against book — neither stands out from peers.

EMA

Utilities industry group

1.80

Max
3.12
Q3
2.21
Median
1.83
EMA
1.80
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
Loading chart…
Emera (EMA) vs. Pinnacle West Capital (PNW): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for Emera (EMA) and Pinnacle West Capital (PNW)
MetricEMAPNW
P/E Ratio (TTM)23.5819.59
P/S Ratio (TTM)1.752.21
P/B Ratio (MRQ)1.801.69
Free Cash Flow Yield (TTM)-9.18%-7.90%