Which has grown faster, PNW or SMR?

Over the past five years, SMR grew revenue faster — PNW at a 8.55% CAGR versus SMR at 120.81%.

Does PNW or SMR pay a bigger dividend?

PNW pays a dividend (3.44% yield) while SMR does not currently pay one.

Is PNW or SMR more profitable?

PNW runs the higher net margin — PNW at 11.99% versus SMR at -2066.55%.

Which has been the better investment, PNW or SMR?

Over the past 5-year, PNW delivered the higher annualized total return — PNW at 7.19% versus SMR at 0.40%. Past performance doesn't predict future results.

Pinnacle West Capital Corporation (PNW) vs NuScale Power Corporation (SMR)

PNW leads on 7 of 9 compared metrics.

A side-by-side comparison of Pinnacle West Capital Corporation and NuScale Power 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).

PNW

Pinnacle West Capital Corporation

$12.77B

$105.37Utilities

SMR

NuScale Power Corporation

$3.04B

$10.21Utilities

Total return — PNW vs SMR

growth of $100 · last 6y

PNW +29.6%SMR +2.6%PNW compounded faster

PNW SMR

PNW vs SMR: by the numbers

•PNW is the larger company ($12.77B vs $3.04B market cap).
•PNW is profitable (11.99% net margin) while SMR runs a net loss (-2066.55%).
•SMR grew revenue faster over the past five years (120.81% vs 8.55% CAGR).
•PNW pays a dividend (3.44% yield) while SMR does not currently pay one.

Which is better, PNW or SMR?

Metric tally: PNW 7 · SMR 2

It depends on what you're optimizing for:

GrowthSMR(faster 5Y revenue CAGR)

QualityPNW(higher ROIC)

Metrics side by side

Valuation

Metric	PNW	SMR
P/E ratio	19.66	—
Forward P/E	18.98	—
P/S ratio	2.39●	89.54
P/B ratio	1.85	1.43●
PEG ratio	18.90	—
EV / EBITDA	12.91	—

Profitability

Metric	PNW	SMR
Gross margin	40.72%●	22.42%
Operating margin	27.54%●	-3812.57%
Net margin	11.99%●	-2066.55%
ROE	9.25%●	-33.06%
ROIC	3.18%●	-61.76%

Dividends

Metric	PNW	SMR
Dividend yield	3.44%	—
Payout ratio	70.39%	—

Growth (annualized)

Metric	PNW	SMR
Revenue CAGR (5Y)	8.55%	120.81%●
EPS CAGR (5Y)	1.04%	—
FCF CAGR (5Y)	-32.59%	—
Total return CAGR (5Y)	9.98%●	0.40%

Frequently asked

Which is better, PNW or SMR?: It depends on your goal. growth: SMR (faster 5Y revenue CAGR); quality: PNW (higher ROIC). Across all compared metrics, PNW leads 7 to 2.
Which has grown faster, PNW or SMR?: Over the past five years, SMR grew revenue faster — PNW at a 8.55% CAGR versus SMR at 120.81%.
Does PNW or SMR pay a bigger dividend?: PNW pays a dividend (3.44% yield) while SMR does not currently pay one.
Is PNW or SMR more profitable?: PNW runs the higher net margin — PNW at 11.99% versus SMR at -2066.55%.
Which has been the better investment, PNW or SMR?: Over the past 5-year, PNW delivered the higher annualized total return — PNW at 7.19% versus SMR at 0.40%. Past performance doesn't predict future results.

Go deeper

Full PNW analysis Full SMR analysis Interactive comparison tool

Dig into the metrics

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

Pinnacle West Capital & NuScale Power 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.