Pinnacle West Capital Corporation (PNW) vs TXNM Energy, Inc. (TXNM)
Pinnacle West Capital Corporation and TXNM Energy, Inc. are both Utilities Regulated Electric companies. Pinnacle West Capital Corporation is the larger, with a market value of $11.0B against $6.4B — 1.7× the size. Pinnacle West Capital Corporation trades at the lower P/E: 17.2× against 32.3×. TXNM Energy, Inc. grew revenue faster over the last twelve months: 9.97% against 5.69%. Pinnacle West Capital Corporation has the higher net margin (11.5% vs 8.77%) and the higher return on invested capital (3.86% vs 3.44%). Both pay a dividend; Pinnacle West Capital Corporation yields more (5.26% vs 4.18%). Across the 22 metrics below, Pinnacle West Capital Corporation leads on 18 and TXNM Energy, Inc. on 4.
Valuation
Profitability
| Metric | PNW | TXNM | Utilities Regulated Electric median |
|---|---|---|---|
| Gross margin | 62.70% | 63.86% | 66.28% |
| Operating margin | 20.52% | 22.24% | 21.79% |
| Net margin | 11.52% | 8.77% | 12.94% |
| Free cash flow margin | (9.05%) | (22.47%) | (11.51%) |
| Return on equity | 9.21% | 5.74% | 9.75% |
| Return on assets | 2.07% | 1.62% | 2.75% |
| Return on invested capital | 3.86% | 3.44% | 3.87% |
Growth
Health
Dividend
Size
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