OGE Energy (OGE) vs Pinnacle West Capital (PNW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Pinnacle West Capital (PNW) has outperformed OGE Energy (OGE) over the past year, gaining 6.6% versus a gain of 0.6%. Over five years, PNW leads with a +44.0% price change compared with +36.6% for OGE. Pinnacle West Capital is the larger company by market cap ($11.91 billion vs $9.53 billion), about 1.2 times the size, while OGE Energy is growing revenue faster (+9.2% vs +4.2%).
On valuation, Pinnacle West Capital trades at a lower forward P/E (17.6x vs 17.7x for OGE Energy). Pinnacle West Capital offers the higher dividend yield (3.69% vs 3.68%). OGE Energy converts more of its revenue into profit, with a net margin of 14.4% 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 | OGE | PNW |
|---|---|---|
| Share price | $46.13 | $98.23 |
| Market cap | $9.53B | $11.91B |
| 1-day change | +0.08% | +0.21% |
| YTD return | +7.99% | +10.46% |
| 1-year return | +0.57% | +6.56% |
| 5-year return | +36.62% | +44.05% |
| P/E ratio (TTM) | 20.32 | 18.85 |
| Forward P/E | 17.69 | 17.59 |
| EPS (TTM) | $2.27 | $5.21 |
| Dividend yield | 3.68% | 3.69% |
| Annual dividend | $1.70 | $3.63 |
| Revenue (latest FY) | $3.26B | $5.34B |
| Revenue growth (YoY) | +9.21% | +4.20% |
| Net income (latest FY) | $470.70M | $631.64M |
| Gross margin | 61.35% | 63.79% |
| Operating margin | 24.52% | 19.99% |
| Net margin | 14.44% | 11.83% |
| 52-week high | $50.59 | $111.16 |
| 52-week low | $41.70 | $86.18 |
| Distance from 52-week high | -8.83% | -11.63% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +7.49% | +4.78% |
| Average volume | 1.59M | 1.18M |
| Shares outstanding | 206.58M | 121.20M |
| Employees | 2,248 | 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
- OGE Energy grew revenue faster in its latest fiscal year (+9.21% vs +4.20%).
About OGE Energy
OGE stock →OGE Energy Corp., through its subsidiaries, generates, transmits, distributes, and sells electric energy in the United States. It owns and operates coal-fired, natural gas-fired, wind-powered, and solar-powered generating assets.
Utilities · Electric Utilities: Central · 2,248 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
OGE vs PNW FAQ
Which is bigger, OGE Energy or Pinnacle West Capital?
Pinnacle West Capital (PNW) is larger, with a market capitalization of $11.91B compared with $9.53B for OGE Energy (OGE).
Which stock has performed better over the past year, OGE or PNW?
PNW returned +6.56% over the past 12 months, compared with +0.57% for OGE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, OGE or PNW?
PNW has the lower trailing P/E at 18.9, versus 20.3 for OGE. 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, OGE Energy or Pinnacle West Capital?
Pinnacle West Capital has the higher yield at 3.69%, compared with 3.68% for OGE Energy.
Are OGE Energy and Pinnacle West Capital in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.