LNT vs. PNW: Alliant Energy vs. Pinnacle West Capital Stock Comparison
How do Alliant Energy (LNT) 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
Alliant Energy (LNT) 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 | LNT | PNW |
|---|---|---|
| Name | Alliant Energy Corporation | 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 | 18.85 billion USD | 12.63 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | 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 | LNT | PNW |
|---|---|---|
| Total Return (1Y) | 12.31% | 24.23% |
| Total Return (3Y, Annualized) | 18.55% | 18.78% |
| Total Return (5Y, Annualized) | 9.28% | 15.87% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | LNT | PNW |
|---|---|---|
| Volatility (1Y, Annualized) | 17.65% | 17.21% |
| Beta (5Y) | 0.50 | 0.48 |
| Max Drawdown (5Y) | -25.59% | -24.02% |
| Avg. Volume (3M) | 2.73M | 1.28M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LNT | PNW |
|---|---|---|
| Sharpe Ratio (1Y) | 0.46 | 1.16 |
| Sortino Ratio (1Y) | 0.66 | 1.77 |
Profitability
ROE (TTM)
Alliant Energy (LNT) at 12.36% sits in the top ROE quartile, while Pinnacle West Capital (PNW) at 9.09% is closer to the peer norm — stronger capital efficiency for LNT.
LNT
Utilities industry group
12.36%
- Max
- 17.99%
- LNT
- 12.36%
- Q3
- 12.01%
- Median
- 9.44%
- 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)
Alliant Energy (LNT) at 20.74% retains a top-quartile share of revenue as profit, ahead of Pinnacle West Capital (PNW) at 11.59%, which keeps about the industry-typical share.
LNT
Utilities industry group
20.74%
- Max
- 28.78%
- LNT
- 20.74%
- Q3
- 17.30%
- Median
- 12.73%
- 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 Alliant Energy (LNT) at 30.27%, which runs around its industry’s norm.
LNT
Utilities industry group
30.27%
- Max
- 53.83%
- Q3
- 31.12%
- LNT
- 30.27%
- 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 | LNT | PNW |
|---|---|---|
| ROE (TTM) | 12.36% | 9.09% |
| ROA (TTM) | 2.47% | 2.36% |
| Net Margin (TTM) | 20.74% | 11.59% |
| Operating Margin (TTM) | 30.27% | 31.70% |
| Gross Margin (TTM) | 45.05% | 43.84% |
Growth
Revenue Growth
Both Alliant Energy (LNT) at 9.57% 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 Alliant Energy (LNT) at 16.73% 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 | LNT | PNW |
|---|---|---|
| Revenue Growth (YoY) | 9.57% | 4.20% |
| Revenue Growth (3Y CAGR) | 1.23% | 7.28% |
| EPS Growth (YoY) | 16.73% | -3.63% |
| EPS Growth (3Y CAGR) | 4.77% | 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 Alliant Energy (LNT) at 0.51 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for LNT.
LNT
Utilities industry group
0.51
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- LNT
- 0.51
- 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)
Alliant Energy (LNT) at 1.61 carries an industry-typical debt-to-equity mix, while Pinnacle West Capital (PNW) at 2.26 uses more debt funding than most peers.
LNT
Utilities industry group
1.61
- Max
- 2.63
- Q3
- 1.77
- LNT
- 1.61
- 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 | LNT | PNW |
|---|---|---|
| Current Ratio (MRQ) | 0.51 | 0.71 |
| Debt / Equity (MRQ) | 1.61 | 2.26 |
| Net Debt / EBITDA | 6.67 | 7.67 |
Dividends
Dividend Yield (TTM)
Both Alliant Energy (LNT) at 2.88% and Pinnacle West Capital (PNW) at 3.51% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
LNT
Utilities industry group
2.88%
- Max
- 6.66%
- Q3
- 3.58%
- LNT
- 2.88%
- 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 Alliant Energy (LNT) at 58.84% 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.
LNT
Utilities industry group
58.84%
- Max
- 113.04%
- Q3
- 68.72%
- LNT
- 58.84%
- 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 | LNT | PNW |
|---|---|---|
| Dividend Yield (TTM) | 2.88% | 3.51% |
| Dividend Payout Ratio (TTM) | 58.84% | 68.42% |
Valuation
P/E Ratio (TTM)
Both Alliant Energy (LNT) at 20.24 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.
LNT
Utilities industry group
20.24
- Max
- 31.22
- Q3
- 23.30
- LNT
- 20.24
- 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
P/S Ratio (TTM)
Pinnacle West Capital (PNW) at 2.21 is priced about in line with its industry on P/S ratio, while Alliant Energy (LNT) at 4.18 sits in the pricier quartile — LNT costs more per dollar of sales.
LNT
Utilities industry group
4.18
- Max
- 6.35
- LNT
- 4.18
- Q3
- 3.63
- Median
- 2.63
- 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)
Pinnacle West Capital (PNW) at 1.69 is valued about in line with its industry on P/B ratio, while Alliant Energy (LNT) at 2.41 carries an above-peer premium to book — LNT is pricier on assets.
LNT
Utilities industry group
2.41
- Max
- 3.12
- LNT
- 2.41
- Q3
- 2.21
- Median
- 1.83
- 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 | LNT | PNW |
|---|---|---|
| P/E Ratio (TTM) | 20.24 | 19.59 |
| P/S Ratio (TTM) | 4.18 | 2.21 |
| P/B Ratio (MRQ) | 2.41 | 1.69 |
| Free Cash Flow Yield (TTM) | -8.11% | -7.90% |