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 August 8, 2026. Differences are shown without an overall score or investment verdict.
LNT
Alliant Energy Corporation
$69.37UtilitiesAt close: Aug 7, 2026, 4:00 PM ET
PNW
Pinnacle West Capital Corporation
$101.03UtilitiesAt close: Aug 7, 2026, 4:00 PM ET
Total return — LNT vs PNW
growth of $100 · dividends reinvested · last 30yLNT +1585.4%PNW +1154.9%LNT compounded faster
LNT PNW
LNT vs PNW: by the numbers
- •LNT is the larger company ($17.92B vs $12.24B market cap).
- •PNW trades at the lower trailing earnings multiple (19.39 vs 21.95 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 (3.60% vs 3.01%).
Metrics side by side
Valuation
| Metric | LNT | PNW |
|---|---|---|
| P/E ratio | 21.95 | 19.39 |
| Forward P/E | 20.28 | 21.37 |
| P/S ratio | 4.09 | 2.26 |
| P/B ratio | 2.40 | 1.79 |
| PEG ratio | 1.21 | 18.65 |
| EV / EBITDA | 16.34 | 7.53 |
Profitability
| Metric | LNT | PNW |
|---|---|---|
| Gross margin | 42.04% | 25.41% |
| Operating margin | 22.10% | 27.03% |
| Net margin | 18.45% | 11.52% |
| ROE | 10.85% | 9.10% |
| ROIC | 4.12% | 3.18% |
Dividends
| Metric | LNT | PNW |
|---|---|---|
| Dividend yield | 3.01% | 3.60% |
| Payout ratio | 66.19% | 70.68% |
Growth (annualized)
| Metric | LNT | PNW |
|---|---|---|
| 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) | 6.04% | 9.35% |
Frequently asked
- Which has the lower trailing P/E, LNT or PNW?
- PNW has the lower trailing P/E: LNT trades at 21.95 and PNW at 19.39. 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 3.01% and PNW yields 3.60% 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 9.18% and PNW delivered 6.86% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Alliant Energy P/E ratioPinnacle West Capital P/E ratioAlliant Energy dividend yieldPinnacle West Capital dividend yieldAlliant Energy ROEPinnacle West Capital ROEAlliant Energy operating marginPinnacle West Capital operating marginAlliant Energy revenue growthPinnacle West Capital revenue growthAlliant Energy free cash flowPinnacle West Capital free cash flow
Alliant 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 August 8, 2026.