PNW vs SRE
Pinnacle West Capital (PNW) and Sempra (SRE) compared side by side. Sempra (SRE) is larger, with a market cap of $55.0B versus $12.8B for Pinnacle West Capital, about 4.3 times the size. On trailing earnings, PNW is cheaper at 20.3x versus 24.3x for SRE.
Head to head
| Metric | PNW | SRE |
|---|---|---|
| Market cap | $12.8B | $55.0B |
| P/E (TTM) | 20.3x | 24.3x |
| Forward P/E | 19.0x | 15.2x |
| Revenue (TTM) | $5.6B | $13.6B |
| Revenue growth | 7.1% | -0.1% |
| Gross margin | 43.4% | 44.0% |
| Operating margin | 21.3% | 28.3% |
| Free cash flow | -$878.5M | -$5.2B |
| Dividend yield | 3.49% | 3.13% |
| 1-year return | +18.8% | -5.7% |
| 5-year return (annual) | +14.5% | +8.4% |
| Max drawdown | -79% | -45% |
| FI Handbook grade | C- | C- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
PNW vs SRE FAQ
Which is bigger, PNW or SRE?
Sempra (SRE) is larger, with a market cap of $55.0B versus $12.8B for Pinnacle West Capital, about 4.3 times the size.
Is PNW or SRE cheaper?
On trailing earnings, PNW is cheaper at 20.3x versus 24.3x for SRE. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, PNW or SRE?
PNW returned +18.8% over the past year including dividends, versus -5.7% for SRE, through October 23, 2026.
Which pays a higher dividend, PNW or SRE?
PNW yields 3.49% versus 3.13% for SRE.
Full pages: Pinnacle West Capital · Sempra