Evergy, Inc. (EVRG) vs Pinnacle West Capital Corporation (PNW)

PNW leads on 7 of 13 compared metrics.

A side-by-side comparison of Evergy, Inc. and Pinnacle West Capital Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — EVRG vs PNW

growth of $100 · last 30y
EVRG +190.1%PNW +271.6%PNW compounded faster
100200300Start $100200120062011201620212026$290$372
EVRG PNW

EVRG vs PNW: by the numbers

  • EVRG is the larger company ($19.56B vs $12.61B market cap).
  • PNW trades at the lower earnings multiple (19.41 vs 22.44 P/E).
  • EVRG converts more revenue to profit (14.71% vs 11.99% net margin).
  • PNW grew revenue faster over the past five years (8.55% vs 2.08% CAGR).
  • PNW pays the higher dividend yield (3.48% vs 3.24%).

Which is better, EVRG or PNW?

Metric tally: EVRG 6 · PNW 7

It depends on what you're optimizing for:

ValuePNW(lower P/E)
GrowthPNW(faster 5Y revenue CAGR)
IncomePNW(higher dividend yield)
QualityEVRG(higher ROIC)

Metrics side by side

Valuation

MetricEVRGPNW
P/E ratio22.4419.41
Forward P/E18.6418.75
P/S ratio3.332.36
P/B ratio1.971.82
PEG ratio3.5018.67
EV / EBITDA13.0012.83

Profitability

MetricEVRGPNW
Gross margin41.51%40.72%
Operating margin25.42%27.54%
Net margin14.71%11.99%
ROE8.68%9.25%
ROIC4.25%3.18%

Dividends

MetricEVRGPNW
Dividend yield3.24%3.48%
Payout ratio74.19%70.39%

Growth (annualized)

MetricEVRGPNW
Revenue CAGR (5Y)2.08%8.55%
EPS CAGR (5Y)6.41%1.04%
FCF CAGR (5Y)68.30%-32.59%
Total return CAGR (5Y)11.09%9.81%

Frequently asked

Which is better, EVRG or PNW?
It depends on your goal. value: PNW (lower P/E); growth: PNW (faster 5Y revenue CAGR); income: PNW (higher dividend yield); quality: EVRG (higher ROIC). Across all compared metrics, PNW leads 7 to 6.
Is EVRG or PNW cheaper?
On trailing earnings, PNW is cheaper: EVRG trades at a 22.44 P/E and PNW at 19.41.
Which has grown faster, EVRG or PNW?
Over the past five years, PNW grew revenue faster — EVRG at a 2.08% CAGR versus PNW at 8.55%.
Does EVRG or PNW pay a bigger dividend?
EVRG yields 3.24% and PNW yields 3.48% based on trailing dividends and the latest price.
Is EVRG or PNW more profitable?
EVRG runs the higher net margin — EVRG at 14.71% versus PNW at 11.99%.
Which has been the better investment, EVRG or PNW?
Over the past 10-year, EVRG delivered the higher annualized total return — EVRG at 8.05% versus PNW at 7.15%. Past performance doesn't predict future results.

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 June 24, 2026.