NEE vs. PNW: NextEra Energy vs. Pinnacle West Capital Stock Comparison
How do NextEra Energy (NEE) 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
NextEra Energy (NEE) 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 | NEE | PNW |
|---|---|---|
| Name | NextEra Energy Inc. | 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 | 182.36 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 | NEE | PNW |
|---|---|---|
| Total Return (1Y) | 7.27% | 24.23% |
| Total Return (3Y, Annualized) | 20.47% | 18.78% |
| Total Return (5Y, Annualized) | 3.34% | 15.87% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | NEE | PNW |
|---|---|---|
| Volatility (1Y, Annualized) | 21.60% | 17.21% |
| Beta (5Y) | 0.59 | 0.48 |
| Max Drawdown (5Y) | -44.97% | -24.02% |
| Avg. Volume (3M) | 11.90M | 1.28M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | NEE | PNW |
|---|---|---|
| Sharpe Ratio (1Y) | 0.14 | 1.16 |
| Sortino Ratio (1Y) | 0.21 | 1.77 |
Profitability
ROE (TTM)
NextEra Energy (NEE) at 14.06% sits in the top ROE quartile, while Pinnacle West Capital (PNW) at 9.09% is closer to the peer norm — stronger capital efficiency for NEE.
NEE
Utilities industry group
14.06%
- Max
- 17.99%
- NEE
- 14.06%
- 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)
NextEra Energy (NEE) at 40.37% converts revenue to bottom-line profit above its industry’s benchmark range, while Pinnacle West Capital (PNW) at 11.59% keeps roughly the typical share for its industry.
NEE
Utilities industry group
40.37%
- NEE
- 40.37%
- Max
- 28.78%
- 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)
Both NextEra Energy (NEE) at 33.00% and Pinnacle West Capital (PNW) at 31.70% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
NEE
Utilities industry group
33.00%
- Max
- 53.83%
- NEE
- 33.00%
- Q3
- 31.12%
- 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 | NEE | PNW |
|---|---|---|
| ROE (TTM) | 14.06% | 9.09% |
| ROA (TTM) | 2.41% | 2.36% |
| Net Margin (TTM) | 40.37% | 11.59% |
| Operating Margin (TTM) | 33.00% | 31.70% |
| Gross Margin (TTM) | 60.17% | 43.84% |
Growth
Revenue Growth
Both NextEra Energy (NEE) at 10.74% 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 NextEra Energy (NEE) at -2.63% 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 | NEE | PNW |
|---|---|---|
| Revenue Growth (YoY) | 10.74% | 4.20% |
| Revenue Growth (3Y CAGR) | 9.36% | 7.28% |
| EPS Growth (YoY) | -2.63% | -3.63% |
| EPS Growth (3Y CAGR) | 16.28% | 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 NextEra Energy (NEE) at 0.53 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for NEE.
NEE
Utilities industry group
0.53
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- NEE
- 0.53
- 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)
NextEra Energy (NEE) at 1.53 carries an industry-typical debt-to-equity mix, while Pinnacle West Capital (PNW) at 2.26 uses more debt funding than most peers.
NEE
Utilities industry group
1.53
- Max
- 2.63
- Q3
- 1.77
- NEE
- 1.53
- 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 | NEE | PNW |
|---|---|---|
| Current Ratio (MRQ) | 0.53 | 0.71 |
| Debt / Equity (MRQ) | 1.53 | 2.26 |
| Net Debt / EBITDA | 8.09 | 7.67 |
Dividends
Dividend Yield (TTM)
Both NextEra Energy (NEE) at 2.76% and Pinnacle West Capital (PNW) at 3.51% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
NEE
Utilities industry group
2.76%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- NEE
- 2.76%
- 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 NextEra Energy (NEE) at 43.89% 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.
NEE
Utilities industry group
43.89%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- NEE
- 43.89%
- 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 | NEE | PNW |
|---|---|---|
| Dividend Yield (TTM) | 2.76% | 3.51% |
| Dividend Payout Ratio (TTM) | 43.89% | 68.42% |
Valuation
P/E Ratio (TTM)
Both NextEra Energy (NEE) at 15.67 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.
NEE
Utilities industry group
15.67
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- NEE
- 15.67
- 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 NextEra Energy (NEE) at 6.33 sits in the pricier quartile — NEE costs more per dollar of sales.
NEE
Utilities industry group
6.33
- Max
- 6.35
- NEE
- 6.33
- 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 NextEra Energy (NEE) at 2.97 carries an above-peer premium to book — NEE is pricier on assets.
NEE
Utilities industry group
2.97
- Max
- 3.12
- NEE
- 2.97
- 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 | NEE | PNW |
|---|---|---|
| P/E Ratio (TTM) | 15.67 | 19.59 |
| P/S Ratio (TTM) | 6.33 | 2.21 |
| P/B Ratio (MRQ) | 2.97 | 1.69 |
| Free Cash Flow Yield (TTM) | -11.63% | -7.90% |