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

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnLNT vs PNW

growth of $100 · dividends reinvested · last 10y
LNT +139.2% (+9.1%/yr)PNW +86.8% (+6.5%/yr)LNT compounded faster over this window
100150200250Start $10020182020202220242026$239$187
LNT PNW

LNT vs PNW: by the numbers

  • LNT is the larger company ($16.69B vs $11.29B market cap).
  • PNW trades at the lower trailing earnings multiple (17.88 vs 20.45 P/E), one valuation lens rather than an overall verdict.
  • LNT converts more revenue to profit (18.45% vs 11.52% net margin).
  • PNW grew revenue faster over the past five years (8.51% vs 5.09% CAGR).
  • PNW pays the higher dividend yield (3.79% vs 3.14%).

Metrics side by side

Valuation

MetricLNTPNW
P/E ratio20.4517.88
Forward P/E18.8719.75
P/S ratio3.772.03
P/B ratio2.221.60
EV / EBITDA15.589.20

Profitability

MetricLNTPNW
Gross margin42.04%25.41%
Operating margin22.10%27.03%
Net margin18.45%11.52%
ROE10.85%9.10%
ROIC4.04%4.17%

Dividends

MetricLNTPNW
Dividend yield3.14%3.79%
Payout ratio66.85%69.87%

Growth (annualized)

MetricLNTPNW
Revenue CAGR (5Y)5.09%8.51%
EPS CAGR (5Y)4.98%1.04%
FCF CAGR (5Y)N/A-32.59%
Total return CAGR (5Y)5.75%9.90%

Frequently asked

Which has the lower trailing P/E, LNT or PNW?
PNW has the lower trailing P/E: LNT trades at 20.45 and PNW at 17.88. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, LNT or PNW?
Over the past five years, PNW grew revenue faster — LNT at a 5.09% CAGR versus PNW at 8.51%.
Does LNT or PNW pay a bigger dividend?
LNT yields 3.14% and PNW yields 3.79% based on trailing dividends and the latest price.
Is LNT or PNW more profitable?
LNT runs the higher net margin — LNT at 18.45% versus PNW at 11.52%.
How have LNT and PNW total returns compared?
Over the past 10 years, LNT delivered 9.48% and PNW delivered 6.78% annualized total return. 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 September 13, 2026.