Seek Returns

PNW vs. WEC: Pinnacle West Capital vs. WEC Energy Stock Comparison

How do Pinnacle West Capital (PNW) and WEC Energy (WEC) 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

Pinnacle West Capital (PNW) and WEC Energy (WEC) both fall under the Utilities industry group, but PNW is classified in Electric Utilities while WEC is classified in Multi-Utilities.

Company profile comparison for Pinnacle West Capital (PNW) and WEC Energy (WEC)
Profile ItemPNWWEC
NamePinnacle West Capital CorporationWEC Energy Group Inc.
Country/RegionUnited StatesUnited States
GICS SectorUtilitiesUtilities
GICS Industry GroupUtilitiesUtilities
GICS IndustryElectric UtilitiesMulti-Utilities
GICS Sub-IndustryElectric UtilitiesMulti-Utilities
Market Capitalization12.63 billion USD38.12 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateFebruary 21, 1973March 17, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

PNW
WEC
GSPC
Loading price history…
Pinnacle West Capital (PNW) vs. WEC Energy (WEC), 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 Pinnacle West Capital (PNW) and WEC Energy (WEC). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Pinnacle West Capital (PNW) and WEC Energy (WEC)
MetricPNWWEC
Total Return (1Y)24.23%7.80%
Total Return (3Y, Annualized)18.78%18.04%
Total Return (5Y, Annualized)15.87%9.22%

Risk Profile

Drawdown History

PNW
WEC
GSPC
Loading price history…
Pinnacle West Capital (PNW) vs. WEC Energy (WEC), 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 Pinnacle West Capital (PNW) and WEC Energy (WEC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Pinnacle West Capital (PNW) and WEC Energy (WEC)
MetricPNWWEC
Volatility (1Y, Annualized)17.21%17.21%
Beta (5Y)0.480.43
Max Drawdown (5Y)-24.02%-26.02%
Avg. Volume (3M)1.28M2.71M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
PNW and WEC 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 Pinnacle West Capital (PNW) and WEC Energy (WEC)
MetricPNWWEC
Sharpe Ratio (1Y)1.160.20
Sortino Ratio (1Y)1.770.31

Profitability

ROE (TTM)

WEC Energy (WEC) at 12.49% sits in the top ROE quartile, while Pinnacle West Capital (PNW) at 9.09% is closer to the peer norm — stronger capital efficiency for WEC.

PNW

Utilities industry group

9.09%

Max
17.99%
Q3
12.01%
Median
9.44%
PNW
9.09%
Q1
7.56%
Min
2.17%

WEC

Utilities industry group

12.49%

Max
17.99%
WEC
12.49%
Q3
12.01%
Median
9.44%
Q1
7.56%
Min
2.17%
Loading chart…
Pinnacle West Capital (PNW) vs. WEC Energy (WEC): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

WEC Energy (WEC) at 17.53% 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.

PNW

Utilities industry group

11.59%

Max
28.78%
Q3
17.30%
Median
12.73%
PNW
11.59%
Q1
9.18%
Min
-0.20%

WEC

Utilities industry group

17.53%

Max
28.78%
WEC
17.53%
Q3
17.30%
Median
12.73%
Q1
9.18%
Min
-0.20%
Loading chart…
Pinnacle West Capital (PNW) vs. WEC Energy (WEC): 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 WEC Energy (WEC) at 25.44%, which runs around its industry’s norm.

PNW

Utilities industry group

31.70%

Max
53.83%
PNW
31.70%
Q3
31.12%
Median
23.62%
Q1
15.45%
Min
-4.90%

WEC

Utilities industry group

25.44%

Max
53.83%
Q3
31.12%
WEC
25.44%
Median
23.62%
Q1
15.45%
Min
-4.90%
Loading chart…
Pinnacle West Capital (PNW) vs. WEC Energy (WEC): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for Pinnacle West Capital (PNW) and WEC Energy (WEC)
MetricPNWWEC
ROE (TTM)9.09%12.49%
ROA (TTM)2.36%3.08%
Net Margin (TTM)11.59%17.53%
Operating Margin (TTM)31.70%25.44%
Gross Margin (TTM)43.84%42.36%

Growth

Revenue Growth

WEC Energy (WEC) at 13.96% 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 WEC.

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

EPS Growth

Both Pinnacle West Capital (PNW) at -3.63% and WEC Energy (WEC) at -0.41% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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

Growth Metrics

Growth metrics for Pinnacle West Capital (PNW) and WEC Energy (WEC)
MetricPNWWEC
Revenue Growth (YoY)4.20%13.96%
Revenue Growth (3Y CAGR)7.28%0.70%
EPS Growth (YoY)-3.63%-0.41%
EPS Growth (3Y CAGR)5.83%2.63%

Financial Strength

Current Ratio (MRQ)

Pinnacle West Capital (PNW) at 0.71 keeps current ratio within its industry’s typical mid-range, while WEC Energy (WEC) at 0.53 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for WEC.

PNW

Utilities industry group

0.71

Max
1.90
Q3
1.17
Median
0.88
PNW
0.71
Q1
0.66
Min
0.29

WEC

Utilities industry group

0.53

Max
1.90
Q3
1.17
Median
0.88
Q1
0.66
WEC
0.53
Min
0.29
Loading chart…
Pinnacle West Capital (PNW) vs. WEC Energy (WEC): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

WEC Energy (WEC) 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.

PNW

Utilities industry group

2.26

Max
2.63
PNW
2.26
Q3
1.77
Median
1.35
Q1
0.84
Min
0.00

WEC

Utilities industry group

1.54

Max
2.63
Q3
1.77
WEC
1.54
Median
1.35
Q1
0.84
Min
0.00
Loading chart…
Pinnacle West Capital (PNW) vs. WEC Energy (WEC): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Pinnacle West Capital (PNW) and WEC Energy (WEC)
MetricPNWWEC
Current Ratio (MRQ)0.710.53
Debt / Equity (MRQ)2.261.54
Net Debt / EBITDA7.675.66

Dividends

Dividend Yield (TTM)

Both Pinnacle West Capital (PNW) at 3.51% and WEC Energy (WEC) at 3.17% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

PNW

Utilities industry group

3.51%

Max
6.66%
Q3
3.58%
PNW
3.51%
Median
2.85%
Q1
0.66%
Min
0.00%

WEC

Utilities industry group

3.17%

Max
6.66%
Q3
3.58%
WEC
3.17%
Median
2.85%
Q1
0.66%
Min
0.00%
Loading chart…
Pinnacle West Capital (PNW) vs. WEC Energy (WEC): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Both Pinnacle West Capital (PNW) at 68.42% and WEC Energy (WEC) at 68.18% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

PNW

Utilities industry group

68.42%

Max
113.04%
Q3
68.72%
PNW
68.42%
Median
56.38%
Q1
32.38%
Min
0.00%

WEC

Utilities industry group

68.18%

Max
113.04%
Q3
68.72%
WEC
68.18%
Median
56.38%
Q1
32.38%
Min
0.00%
Loading chart…
Pinnacle West Capital (PNW) vs. WEC Energy (WEC): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for Pinnacle West Capital (PNW) and WEC Energy (WEC)
MetricPNWWEC
Dividend Yield (TTM)3.51%3.17%
Dividend Payout Ratio (TTM)68.42%68.18%

Valuation

P/E Ratio (TTM)

Both Pinnacle West Capital (PNW) at 19.59 and WEC Energy (WEC) at 21.07 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

PNW

Utilities industry group

19.59

Max
31.22
Q3
23.30
Median
19.64
PNW
19.59
Q1
15.17
Min
3.34

WEC

Utilities industry group

21.07

Max
31.22
Q3
23.30
WEC
21.07
Median
19.64
Q1
15.17
Min
3.34
Loading chart…
Pinnacle West Capital (PNW) vs. WEC Energy (WEC): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

Pinnacle West Capital (PNW) at 2.21 is priced about in line with its industry on P/S ratio, while WEC Energy (WEC) at 3.69 sits in the pricier quartile — WEC costs more per dollar of sales.

PNW

Utilities industry group

2.21

Max
6.35
Q3
3.63
Median
2.63
PNW
2.21
Q1
1.52
Min
0.00

WEC

Utilities industry group

3.69

Max
6.35
WEC
3.69
Q3
3.63
Median
2.63
Q1
1.52
Min
0.00
Loading chart…
Pinnacle West Capital (PNW) vs. WEC Energy (WEC): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

Pinnacle West Capital (PNW) at 1.69 is valued about in line with its industry on P/B ratio, while WEC Energy (WEC) at 2.62 carries an above-peer premium to book — WEC is pricier on assets.

PNW

Utilities industry group

1.69

Max
3.12
Q3
2.21
Median
1.83
PNW
1.69
Q1
1.46
Min
0.34

WEC

Utilities industry group

2.62

Max
3.12
WEC
2.62
Q3
2.21
Median
1.83
Q1
1.46
Min
0.34
Loading chart…
Pinnacle West Capital (PNW) vs. WEC Energy (WEC): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for Pinnacle West Capital (PNW) and WEC Energy (WEC)
MetricPNWWEC
P/E Ratio (TTM)19.5921.07
P/S Ratio (TTM)2.213.69
P/B Ratio (MRQ)1.692.62
Free Cash Flow Yield (TTM)-7.90%-5.16%