IDACORP (IDA) vs Pinnacle West Capital (PNW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Pinnacle West Capital (PNW) has outperformed IDACORP (IDA) over the past year, gaining 8.0% versus a gain of 0.7%. Over five years, PNW leads with a +45.4% price change compared with +28.7% for IDA. Pinnacle West Capital is the larger company by market cap ($11.99 billion vs $7.83 billion), about 1.5 times the size.
On valuation, Pinnacle West Capital trades at a lower forward P/E (17.7x vs 19.5x for IDACORP). Pinnacle West Capital offers the higher dividend yield (3.66% vs 2.58%). IDACORP converts more of its revenue into profit, with a net margin of 18.5% versus 11.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | IDA | PNW |
|---|---|---|
| Share price | $135.42 | $98.92 |
| Market cap | $7.83B | $11.99B |
| 1-day change | +1.00% | +0.96% |
| YTD return | +7.00% | +11.52% |
| 1-year return | +0.65% | +8.00% |
| 5-year return | +28.68% | +45.43% |
| P/E ratio (TTM) | 22.46 | 18.99 |
| Forward P/E | 19.48 | 17.71 |
| EPS (TTM) | $6.03 | $5.21 |
| Dividend yield | 2.58% | 3.66% |
| Annual dividend | $3.50 | $3.63 |
| Revenue (latest FY) | $1.75B | $5.34B |
| Revenue growth (YoY) | -1.24% | +4.20% |
| Net income (latest FY) | $323.47M | $631.64M |
| Gross margin | — | 63.79% |
| Operating margin | 20.26% | 19.99% |
| Net margin | 18.52% | 11.83% |
| 52-week high | $154.91 | $111.16 |
| 52-week low | $124.12 | $86.18 |
| Distance from 52-week high | -12.58% | -11.01% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +15.12% | +4.05% |
| Average volume | 544.14K | 1.19M |
| Shares outstanding | 57.84M | 121.20M |
| Employees | 2,174 | 6,610 |
| Sector | Utilities | Utilities |
| Industry | Electric Utilities: Central | Electric Utilities: Central |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Pinnacle West Capital offers a meaningfully higher dividend yield (3.66% vs 2.58%).
- IDACORP is more profitable, keeping 18.5 cents of every revenue dollar as net income versus 11.8 cents for Pinnacle West Capital.
- Pinnacle West Capital grew revenue faster in its latest fiscal year (+4.20% vs -1.24%).
About IDACORP
IDA stock →IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; and three natural gas-fired plants situated in southern Idaho, as well as interests in a coal-fired and natural gas-fired steam generating plant located in Wyoming; and interests in a coal-fired steam generating plant situated in Nevada.
Utilities · Electric Utilities: Central · 2,174 employees
About Pinnacle West Capital
PNW stock →Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using nuclear, gas, oil, coal, and solar generating facilities.
Utilities · Electric Utilities: Central · 6,610 employees
IDA vs PNW FAQ
Which is bigger, IDACORP or Pinnacle West Capital?
Pinnacle West Capital (PNW) is larger, with a market capitalization of $11.99B compared with $7.83B for IDACORP (IDA).
Which stock has performed better over the past year, IDA or PNW?
PNW returned +8.00% over the past 12 months, compared with +0.65% for IDA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, IDA or PNW?
PNW has the lower trailing P/E at 19.0, versus 22.5 for IDA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, IDACORP or Pinnacle West Capital?
Pinnacle West Capital has the higher yield at 3.66%, compared with 2.58% for IDACORP.
Are IDACORP and Pinnacle West Capital in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.