Which has grown faster, FLNC or PNW?

Over the past five years, FLNC grew revenue faster — FLNC at a 32.16% CAGR versus PNW at 8.55%.

Does FLNC or PNW pay a bigger dividend?

PNW pays a dividend (3.48% yield) while FLNC does not currently pay one.

Is FLNC or PNW more profitable?

PNW runs the higher net margin — FLNC at -1.62% versus PNW at 11.99%.

Fluence Energy, Inc. (FLNC) vs Pinnacle West Capital Corporation (PNW)

PNW leads on 7 of 10 compared metrics.

A side-by-side comparison of Fluence Energy, 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).

Pinnacle West Capital Corporation

$12.61B

$104.05Utilities

Total return — FLNC vs PNW

growth of $100 · last 5y

FLNC -39.4%PNW +54.6%PNW compounded faster

FLNC PNW

FLNC vs PNW: by the numbers

•PNW is the larger company ($12.61B vs $3.91B market cap).
•PNW is profitable (11.99% net margin) while FLNC runs a net loss (-1.62%).
•FLNC grew revenue faster over the past five years (32.16% vs 8.55% CAGR).
•PNW pays a dividend (3.48% yield) while FLNC does not currently pay one.

Which is better, FLNC or PNW?

Metric tally: FLNC 3 · PNW 7

It depends on what you're optimizing for:

GrowthFLNC(faster 5Y revenue CAGR)

QualityPNW(higher ROIC)

Metrics side by side

Valuation

Metric	FLNC	PNW
P/E ratio	—	19.41
Forward P/E	97.63	18.75●
P/S ratio	1.08●	2.36
P/B ratio	7.61	1.82●
PEG ratio	—	18.67
EV / EBITDA	—	12.83

Profitability

Metric	FLNC	PNW
Gross margin	11.51%	40.72%●
Operating margin	-1.90%	27.54%●
Net margin	-1.62%	11.99%●
ROE	-11.35%	9.25%●
ROIC	-4.70%	3.18%●

Dividends

Metric	FLNC	PNW
Dividend yield	—	3.48%
Payout ratio	—	70.39%

Growth (annualized)

Metric	FLNC	PNW
Revenue CAGR (5Y)	32.16%●	8.55%
EPS CAGR (5Y)	—	1.04%
FCF CAGR (5Y)	19.46%●	-32.59%
Total return CAGR (5Y)	—	9.81%

Frequently asked

Which is better, FLNC or PNW?: It depends on your goal. growth: FLNC (faster 5Y revenue CAGR); quality: PNW (higher ROIC). Across all compared metrics, PNW leads 7 to 3.
Which has grown faster, FLNC or PNW?: Over the past five years, FLNC grew revenue faster — FLNC at a 32.16% CAGR versus PNW at 8.55%.
Does FLNC or PNW pay a bigger dividend?: PNW pays a dividend (3.48% yield) while FLNC does not currently pay one.
Is FLNC or PNW more profitable?: PNW runs the higher net margin — FLNC at -1.62% versus PNW at 11.99%.

Go deeper

Full FLNC analysis Full PNW analysis Interactive comparison tool

Dig into the metrics

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

Fluence Energy & Pinnacle West Capital appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth 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 June 24, 2026.