ES vs. PNW: Eversource Energy vs. Pinnacle West Capital Stock Comparison
How do Eversource Energy (ES) 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
Eversource Energy (ES) 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.
| Profile Item | ES | PNW |
|---|---|---|
| Name | Eversource Energy | Pinnacle West Capital Corporation |
| Country/Region | United States | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Electric Utilities | Electric Utilities |
| GICS Sub-Industry | Electric Utilities | Electric Utilities |
| Market Capitalization | 26.31 billion USD | 12.63 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 21, 1973 | February 21, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ES | PNW |
|---|---|---|
| Total Return (1Y) | 0.35% | 24.23% |
| Total Return (3Y, Annualized) | 14.06% | 18.78% |
| Total Return (5Y, Annualized) | 0.61% | 15.87% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ES | PNW |
|---|---|---|
| Volatility (1Y, Annualized) | 24.60% | 17.21% |
| Beta (5Y) | 0.65 | 0.48 |
| Max Drawdown (5Y) | -41.69% | -24.02% |
| Avg. Volume (3M) | 2.53M | 1.28M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ES | PNW |
|---|---|---|
| Sharpe Ratio (1Y) | -0.16 | 1.16 |
| Sortino Ratio (1Y) | -0.20 | 1.77 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Pinnacle West Capital (PNW) earns 9.09% on shareholders’ equity, ranked against its industry; Eversource Energy (ES) has no ROE this period.
ES
Utilities industry group
--
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
- ES
- --
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 Eversource Energy (ES) at 10.38% 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.
ES
Utilities industry group
10.38%
- Max
- 28.78%
- Q3
- 17.30%
- Median
- 12.73%
- ES
- 10.38%
- 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 Eversource Energy (ES) at 21.14%, which runs around its industry’s norm.
ES
Utilities industry group
21.14%
- Max
- 53.83%
- Q3
- 31.12%
- Median
- 23.62%
- ES
- 21.14%
- 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 | ES | PNW |
|---|---|---|
| ROE (TTM) | -- | 9.09% |
| ROA (TTM) | -- | 2.36% |
| Net Margin (TTM) | 10.38% | 11.59% |
| Operating Margin (TTM) | 21.14% | 31.70% |
| Gross Margin (TTM) | 51.63% | 43.84% |
Growth
Revenue Growth
Eversource Energy (ES) at 13.83% 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 ES.
EPS Growth
Eversource Energy (ES) at 100.88% 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.
Growth Metrics
| Metric | ES | PNW |
|---|---|---|
| Revenue Growth (YoY) | 13.83% | 4.20% |
| Revenue Growth (3Y CAGR) | 3.30% | 7.28% |
| EPS Growth (YoY) | 100.88% | -3.63% |
| EPS Growth (3Y CAGR) | 4.03% | 5.83% |
Financial Strength
Current Ratio (MRQ)
Short-term liquidity can only be read on one side of this pairing: Pinnacle West Capital (PNW) shows current ratio of 0.71 against its industry benchmark, while Eversource Energy (ES) has no reading this period.
ES
Utilities industry group
--
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
- ES
- --
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)
Both Eversource Energy (ES) at 1.81 and Pinnacle West Capital (PNW) at 2.26 lean more heavily on debt funding than most peers, landing in the higher-leverage quartile of their industries.
ES
Utilities industry group
1.81
- Max
- 2.63
- ES
- 1.81
- Q3
- 1.77
- 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
Financial Strength Metrics
| Metric | ES | PNW |
|---|---|---|
| Current Ratio (MRQ) | -- | 0.71 |
| Debt / Equity (MRQ) | 1.81 | 2.26 |
| Net Debt / EBITDA | 5.73 | 7.67 |
Dividends
Dividend Yield (TTM)
Eversource Energy (ES) at 4.33% delivers top-quartile income for its industry, while Pinnacle West Capital (PNW) at 3.51% pays a more typical yield — both are credible income propositions, ES the richer one.
ES
Utilities industry group
4.33%
- Max
- 6.66%
- ES
- 4.33%
- Q3
- 3.58%
- 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)
Pinnacle West Capital (PNW) at 68.42% pays out a band-typical share of earnings, while Eversource Energy (ES) at 82.19% distributes more than its industry norm — less retained, thinner cover.
ES
Utilities industry group
82.19%
- Max
- 113.04%
- ES
- 82.19%
- 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%
Dividend Metrics
| Metric | ES | PNW |
|---|---|---|
| Dividend Yield (TTM) | 4.33% | 3.51% |
| Dividend Payout Ratio (TTM) | 82.19% | 68.42% |
Valuation
P/E Ratio (TTM)
Both Eversource Energy (ES) at 18.43 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.
ES
Utilities industry group
18.43
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- ES
- 18.43
- 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 Eversource Energy (ES) at 1.91 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.
ES
Utilities industry group
1.91
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- ES
- 1.91
- 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 Eversource Energy (ES) at 1.61 and Pinnacle West Capital (PNW) at 1.69 are valued close to their industries’ norm against book — neither stands out from peers.
ES
Utilities industry group
1.61
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- ES
- 1.61
- 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 | ES | PNW |
|---|---|---|
| P/E Ratio (TTM) | 18.43 | 19.59 |
| P/S Ratio (TTM) | 1.91 | 2.21 |
| P/B Ratio (MRQ) | 1.61 | 1.69 |
| Free Cash Flow Yield (TTM) | -- | -7.90% |