Clearway Energy, Inc. (CWEN) vs Pinnacle West Capital Corporation (PNW)
A side-by-side comparison of Clearway Energy, Inc. and Pinnacle West Capital Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 3, 2026. Differences are shown without an overall score or investment verdict.
CWEN
Clearway Energy, Inc.
$29.34UtilitiesDelayed quote: Oct 2, 2026, 4:00 PM EDT
PNW
Pinnacle West Capital Corporation
$95.92UtilitiesDelayed quote: Oct 2, 2026, 4:02 PM EDT
Total return — CWEN vs PNW
growth of $100 · dividends reinvested · last 10yCWEN +207.4% (+11.9%/yr)PNW +82.7% (+6.2%/yr)CWEN compounded faster over this window
CWEN PNW
CWEN vs PNW: by the numbers
- •PNW is the larger company ($11.62B vs $6.03B market cap).
- •PNW trades at the lower trailing earnings multiple (18.41 vs 38.61 P/E), one valuation lens rather than an overall verdict.
- •PNW converts more revenue to profit (11.52% vs 5.78% net margin).
- •PNW grew revenue faster over the past five years (8.51% vs 5.07% CAGR).
- •CWEN pays the higher dividend yield (6.32% vs 3.79%).
Metrics side by side
Valuation
| Metric | CWEN | PNW |
|---|---|---|
| P/E ratio | 38.61 | 18.41 |
| Forward P/E | N/A | 20.24 |
| PEG ratio | 0.85 | 25.22 |
| P/S ratio | 3.83 | 2.09 |
| P/B ratio | 1.10 | 1.65 |
| EV / EBITDA | 14.09 | 9.34 |
| FCF yield | 11.13% | N/A |
Profitability
| Metric | CWEN | PNW |
|---|---|---|
| Gross margin | 15.19% | 25.41% |
| Operating margin | 14.36% | 27.03% |
| Net margin | 5.78% | 11.52% |
| ROE | 1.66% | 9.10% |
| ROIC | 1.37% | 4.17% |
Dividends
| Metric | CWEN | PNW |
|---|---|---|
| Dividend yield | 6.32% | 3.79% |
| Payout ratio | 244.16% | 69.87% |
Growth (annualized)
| Metric | CWEN | PNW |
|---|---|---|
| Revenue CAGR (5Y) | 5.07% | 8.51% |
| EPS CAGR (5Y) | 45.21% | 1.04% |
| FCF CAGR (5Y) | -2.60% | N/A |
| Total return CAGR (5Y) | 4.82% | 10.59% |
Frequently asked
- Which has the lower trailing P/E, CWEN or PNW?
- PNW has the lower trailing P/E: CWEN trades at 38.61 and PNW at 18.41. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CWEN or PNW?
- Over the past five years, PNW grew revenue faster — CWEN at a 5.07% CAGR versus PNW at 8.51%.
- Does CWEN or PNW pay a bigger dividend?
- CWEN yields 6.32% and PNW yields 3.79% based on trailing dividends and the latest price.
- Is CWEN or PNW more profitable?
- PNW runs the higher net margin — CWEN at 5.78% versus PNW at 11.52%.
- How have CWEN and PNW total returns compared?
- Over the past 10 years, CWEN delivered 11.44% and PNW delivered 6.47% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Clearway Energy P/E ratioPinnacle West Capital P/E ratioClearway Energy dividend yieldPinnacle West Capital dividend yieldClearway Energy ROEPinnacle West Capital ROEClearway Energy operating marginPinnacle West Capital operating marginClearway Energy revenue growthPinnacle West Capital revenue growthClearway Energy free cash flowPinnacle West Capital free cash flow
Clearway Energy & Pinnacle West Capital appear in these rankings
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 October 3, 2026.