Pinnacle West Capital (PNW) vs Talen Energy (TLN)
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 Talen Energy (TLN) over the past year, gaining 6.6% versus a loss of 19.4%. Talen Energy is the larger company by market cap ($17.91 billion vs $11.99 billion), about 1.5 times the size. On valuation, Talen Energy trades at a lower forward P/E (12.3x vs 17.7x for Pinnacle West Capital).
Pinnacle West Capital pays a dividend yielding 3.66%, while Talen Energy does not currently pay one. Pinnacle West Capital converts more of its revenue into profit, with a net margin of 11.8% versus -8.5%.
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 | PNW | TLN |
|---|---|---|
| Share price | $98.92 | $378.57 |
| Market cap | $11.99B | $17.91B |
| 1-day change | +0.96% | +5.39% |
| YTD return | +10.46% | -4.17% |
| 1-year return | +6.56% | -19.43% |
| 5-year return | +44.05% | — |
| P/E ratio (TTM) | 18.99 | — |
| Forward P/E | 17.71 | 12.31 |
| EPS (TTM) | $5.21 | $-4.13 |
| Dividend yield | 3.66% | 0.00% |
| Annual dividend | $3.63 | $0.00 |
| Revenue (latest FY) | $5.34B | $2.58B |
| Revenue growth (YoY) | +4.20% | +22.03% |
| Net income (latest FY) | $631.64M | $-219.00M |
| Gross margin | 63.79% | — |
| Operating margin | 19.99% | -3.49% |
| Net margin | 11.83% | -8.49% |
| 52-week high | $111.16 | $449.84 |
| 52-week low | $86.18 | $279.77 |
| Distance from 52-week high | -11.01% | -15.84% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +4.05% | +20.36% |
| Average volume | 1.18M | 868.99K |
| Shares outstanding | 121.20M | 47.30M |
| Employees | 6,610 | 1,880 |
| 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
- PNW has outperformed TLN by 26.0 percentage points over the past year.
- Pinnacle West Capital offers a meaningfully higher dividend yield (3.66% vs 0.00%).
- Pinnacle West Capital is more profitable, keeping 11.8 cents of every revenue dollar as net income versus -8.5 cents for Talen Energy.
- Talen Energy grew revenue faster in its latest fiscal year (+22.03% vs +4.20%).
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
About Talen Energy
TLN stock →Talen Energy Corporation, an independent power producer and infrastructure company, produces and sells electricity, capacity, and ancillary services into wholesale power markets in the United States. The company's plants generate power using a variety of fuels, such as nuclear, fossil, oil, natural gas, and coal power plants.
Utilities · Electric Utilities: Central · 1,880 employees
PNW vs TLN FAQ
Which is bigger, Pinnacle West Capital or Talen Energy?
Talen Energy (TLN) is larger, with a market capitalization of $17.91B compared with $11.99B for Pinnacle West Capital (PNW).
Which stock has performed better over the past year, PNW or TLN?
PNW returned +6.56% over the past 12 months, compared with -19.43% for TLN (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Pinnacle West Capital or Talen Energy?
Pinnacle West Capital pays a dividend yielding 3.66%, while Talen Energy does not currently pay a regular dividend.
Are Pinnacle West Capital and Talen Energy in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.