Which has the lower trailing P/E, AES or PNW?

AES has the lower trailing P/E: AES trades at 5.60 and PNW at 19.39. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AES or PNW?

Over the past five years, PNW grew revenue faster — AES at a 4.57% CAGR versus PNW at 8.51%.

Does AES or PNW pay a bigger dividend?

AES yields 4.78% and PNW yields 3.60% based on trailing dividends and the latest price.

Is AES or PNW more profitable?

AES runs the higher net margin — AES at 14.62% versus PNW at 11.52%.

How have AES and PNW total returns compared?

Over the past 10 years, AES delivered 5.81% and PNW delivered 6.86% annualized total return. Past performance doesn't predict future results.

The AES Corporation (AES) vs Pinnacle West Capital Corporation (PNW)

A side-by-side comparison of The AES Corporation and Pinnacle West Capital Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 9, 2026. Differences are shown without an overall score or investment verdict.

AES

The AES Corporation

$10.50B

$14.73UtilitiesAt close: Aug 7, 2026, 4:00 PM ET

PNW

Pinnacle West Capital Corporation

$12.24B

$101.03UtilitiesAt close: Aug 7, 2026, 4:00 PM ET

Total return — AES vs PNW

growth of $100 · dividends reinvested · last 30y

AES +202.5%PNW +1154.9%PNW compounded faster

AES PNW

AES vs PNW: by the numbers

•PNW is the larger company ($12.24B vs $10.50B market cap).
•AES trades at the lower trailing earnings multiple (5.60 vs 19.39 P/E), one valuation lens rather than an overall verdict.
•AES converts more revenue to profit (14.62% vs 11.52% net margin).
•PNW grew revenue faster over the past five years (8.51% vs 4.57% CAGR).
•AES pays the higher dividend yield (4.78% vs 3.60%).

Metrics side by side

Valuation

Metric	AES	PNW
P/E ratio	5.60	19.39
Forward P/E	6.39	21.37
P/S ratio	0.81	2.26
P/B ratio	2.13	1.79
PEG ratio	0.07	18.65
EV / EBITDA	9.14	7.53

Profitability

Metric	AES	PNW
Gross margin	20.29%	25.41%
Operating margin	17.48%	27.03%
Net margin	14.62%	11.52%
ROE	38.61%	9.10%
ROIC	4.24%	3.18%

Dividends

Metric	AES	PNW
Dividend yield	4.78%	3.60%
Payout ratio	55.86%	70.68%

Growth (annualized)

Metric	AES	PNW
Revenue CAGR (5Y)	4.57%	8.51%
EPS CAGR (5Y)	78.27%	1.04%
FCF CAGR (5Y)	N/A	-32.59%
Total return CAGR (5Y)	-6.03%	9.35%

Frequently asked

Which has the lower trailing P/E, AES or PNW?: AES has the lower trailing P/E: AES trades at 5.60 and PNW at 19.39. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AES or PNW?: Over the past five years, PNW grew revenue faster — AES at a 4.57% CAGR versus PNW at 8.51%.
Does AES or PNW pay a bigger dividend?: AES yields 4.78% and PNW yields 3.60% based on trailing dividends and the latest price.
Is AES or PNW more profitable?: AES runs the higher net margin — AES at 14.62% versus PNW at 11.52%.
How have AES and PNW total returns compared?: Over the past 10 years, AES delivered 5.81% and PNW delivered 6.86% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AES analysis Full PNW analysis Interactive comparison tool

Dig into the metrics

AES P/E ratio Pinnacle West Capital P/E ratio AES dividend yield Pinnacle West Capital dividend yield AES ROE Pinnacle West Capital ROE AES operating margin Pinnacle West Capital operating margin AES revenue growth Pinnacle West Capital revenue growth AES free cash flow Pinnacle West Capital free cash flow

AES & Pinnacle West Capital appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 9, 2026.