NEE vs PNW

NextEra Energy (NEE) and Pinnacle West Capital (PNW) compared side by side. NextEra Energy (NEE) is larger, with a market cap of $172.2B versus $12.8B for Pinnacle West Capital, about 13.4 times the size. On trailing earnings, NEE is cheaper at 14.8x versus 20.3x for PNW.

Head to head

MetricNEEPNW
Market cap$172.2B$12.8B
P/E (TTM)14.8x20.3x
Forward P/E18.8x19.0x
Revenue (TTM)$28.8B$5.6B
Revenue growth1.6%7.1%
Gross margin60.2%43.4%
Operating margin33.0%21.3%
Free cash flow$3.0B-$878.5M
Dividend yield3.03%3.49%
1-year return+1.5%+18.8%
5-year return (annual)+2.2%+14.5%
Max drawdown-65%-79%
FI Handbook gradeC+C-

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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20222023202420252026
NEEPNW

NEE vs PNW FAQ

Which is bigger, NEE or PNW?

NextEra Energy (NEE) is larger, with a market cap of $172.2B versus $12.8B for Pinnacle West Capital, about 13.4 times the size.

Is NEE or PNW cheaper?

On trailing earnings, NEE is cheaper at 14.8x versus 20.3x for PNW. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, NEE or PNW?

PNW returned +18.8% over the past year including dividends, versus +1.5% for NEE, through October 23, 2026.

Which pays a higher dividend, NEE or PNW?

PNW yields 3.49% versus 3.03% for NEE.

Full pages: NextEra Energy · Pinnacle West Capital