Is LNT or PNW cheaper?

On trailing earnings, PNW is cheaper: LNT trades at a 23.38 P/E and PNW at 19.41.

Which has grown faster, LNT or PNW?

Over the past five years, PNW grew revenue faster — LNT at a 5.38% CAGR versus PNW at 8.55%.

Does LNT or PNW pay a bigger dividend?

LNT yields 2.80% and PNW yields 3.48% based on trailing dividends and the latest price.

Is LNT or PNW more profitable?

LNT runs the higher net margin — LNT at 18.58% versus PNW at 11.99%.

Which has been the better investment, LNT or PNW?

Over the past 10-year, LNT delivered the higher annualized total return — LNT at 10.14% versus PNW at 7.15%. Past performance doesn't predict future results.

Alliant Energy Corporation (LNT) vs Pinnacle West Capital Corporation (PNW)

PNW leads on 10 of 16 compared metrics.

A side-by-side comparison of Alliant Energy Corporation 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).

LNT

Alliant Energy Corporation

$19.26B

$74.57Utilities

PNW

Pinnacle West Capital Corporation

$12.61B

$104.05Utilities

Total return — LNT vs PNW

growth of $100 · last 30y

LNT +383.0%PNW +271.6%LNT compounded faster

LNT PNW

LNT vs PNW: by the numbers

•LNT is the larger company ($19.26B vs $12.61B market cap).
•PNW trades at the lower earnings multiple (19.41 vs 23.38 P/E).
•LNT converts more revenue to profit (18.58% vs 11.99% net margin).
•PNW grew revenue faster over the past five years (8.55% vs 5.38% CAGR).
•PNW pays the higher dividend yield (3.48% vs 2.80%).

Which is better, LNT or PNW?

Metric tally: LNT 6 · PNW 10

It depends on what you're optimizing for:

ValuePNW(lower P/E)

GrowthPNW(faster 5Y revenue CAGR)

IncomePNW(higher dividend yield)

QualityLNT(higher ROIC)

Metrics side by side

Valuation

Metric	LNT	PNW
P/E ratio	23.38	19.41●
Forward P/E	20.24	18.75●
P/S ratio	4.37	2.36●
P/B ratio	2.60	1.82●
PEG ratio	1.21●	18.67
EV / EBITDA	15.13	12.83●

Profitability

Metric	LNT	PNW
Gross margin	37.97%	40.72%●
Operating margin	23.01%	27.54%●
Net margin	18.58%●	11.99%
ROE	11.06%●	9.25%
ROIC	4.12%●	3.18%

Dividends

Metric	LNT	PNW
Dividend yield	2.80%	3.48%●
Payout ratio	66.19%	70.39%

Growth (annualized)

Metric	LNT	PNW
Revenue CAGR (5Y)	5.38%	8.55%●
EPS CAGR (5Y)	4.98%●	1.04%
FCF CAGR (5Y)	15.57%●	-32.59%
Total return CAGR (5Y)	9.07%	9.81%●

Frequently asked

Which is better, LNT or PNW?: It depends on your goal. value: PNW (lower P/E); growth: PNW (faster 5Y revenue CAGR); income: PNW (higher dividend yield); quality: LNT (higher ROIC). Across all compared metrics, PNW leads 10 to 6.
Is LNT or PNW cheaper?: On trailing earnings, PNW is cheaper: LNT trades at a 23.38 P/E and PNW at 19.41.
Which has grown faster, LNT or PNW?: Over the past five years, PNW grew revenue faster — LNT at a 5.38% CAGR versus PNW at 8.55%.
Does LNT or PNW pay a bigger dividend?: LNT yields 2.80% and PNW yields 3.48% based on trailing dividends and the latest price.
Is LNT or PNW more profitable?: LNT runs the higher net margin — LNT at 18.58% versus PNW at 11.99%.
Which has been the better investment, LNT or PNW?: Over the past 10-year, LNT delivered the higher annualized total return — LNT at 10.14% versus PNW at 7.15%. Past performance doesn't predict future results.

Go deeper

Full LNT analysis Full PNW analysis Interactive comparison tool

Dig into the metrics

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

Alliant Energy & Pinnacle West Capital appear in these rankings

Highest Dividend Yield 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.