PNW vs. POR
PNW (Pinnacle West Capital Corporation) and POR (Portland General Electric Company) are both stocks. Both operate in the Utilities - Regulated Electric industry within the Utilities sector. Over the past 10 years, PNW returned 6.55%/yr vs 5.03%/yr for POR. Their 0.69 correlation means they have sometimes moved together and sometimes differently.
Performance
PNW vs. POR - Performance Comparison
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Returns By Period
In the year-to-date period, PNW achieves a 15.99% return, which is significantly higher than POR's 4.97% return. Over the past 10 years, PNW has outperformed POR with an annualized return of 6.55%, while POR has yielded a comparatively lower 5.03% annualized return.
PNW
- 1D
- -0.33%
- 1M
- -7.66%
- 6M
- 9.97%
- YTD
- 15.99%
- 1Y
- 14.64%
- 3Y*
- 11.28%
- 5Y*
- 8.31%
- 10Y*
- 6.55%
- ALL TIME*
- 8.46%
POR
- 1D
- -1.52%
- 1M
- -6.43%
- 6M
- 0.25%
- YTD
- 4.97%
- 1Y
- 24.38%
- 3Y*
- 5.88%
- 5Y*
- 4.45%
- 10Y*
- 5.03%
- ALL TIME*
- 5.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $151.02M | $128.39M | $131.31M | |
| $58.20M | $53.66M | $62.38M |
PNW vs. POR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PNW Pinnacle West Capital Corporation | 15.99% | 8.92% | 23.46% | -1.18% | 13.01% | -7.78% | -7.68% | 9.06% | 3.58% | 12.67% |
POR Portland General Electric Company | 4.97% | 15.37% | 5.30% | -7.74% | -4.00% | 28.12% | -20.19% | 25.10% | 3.95% | 8.31% |
Correlation
The correlation between PNW and POR is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.74 |
Correlation (3Y) Balances recent behavior with more history. | 0.70 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.70 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.72 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2006 | 0.69 |
The correlation between PNW and POR has been stable across timeframes, ranging from 0.69 to 0.74 - a consistent structural relationship.
Fundamentals
PNW:
$12.24B
POR:
$5.71B
PNW:
$5.34
POR:
$2.27
PNW:
18.92
POR:
21.74
PNW:
2.27
POR:
1.60
PNW:
1.77
POR:
1.39
PNW:
$5.46B
POR:
$3.49B
PNW:
$2.22B
POR:
$1.27B
PNW:
$2.18B
POR:
$1.12B
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Return for Risk
PNW vs. POR — Risk / Return Rank
PNW
POR
PNW vs. POR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pinnacle West Capital Corporation (PNW) and Portland General Electric Company (POR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PNW | POR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.24 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.89 | 1.99 | -0.10 |
| Martin ratioReturn relative to average drawdown | 4.47 | 6.07 | -1.60 |
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Drawdowns
PNW vs. POR - Drawdown Comparison
The maximum PNW drawdown since its inception was -79.18%, which is greater than POR's maximum drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for PNW and POR.
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Drawdown Indicators
| PNW | POR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.18% | -53.30% | -25.88% |
Max Drawdown (1Y)Largest decline over 1 year | -8.43% | -12.80% | +4.37% |
Max Drawdown (3Y)Largest decline over 3 years | -14.42% | -16.54% | +2.12% |
Max Drawdown (5Y)Largest decline over 5 years | -24.02% | -27.54% | +3.52% |
Max Drawdown (10Y)Largest decline over 10 years | -39.28% | -45.04% | +5.76% |
Current DrawdownCurrent decline from peak | -7.66% | -8.05% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -14.55% | -13.97% | -0.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.56% | 4.19% | -0.63% |
Volatility
PNW vs. POR - Volatility Comparison
Pinnacle West Capital Corporation (PNW) has a higher volatility of 6.57% compared to Portland General Electric Company (POR) at 5.27%. This indicates that PNW's price experiences larger fluctuations and is considered to be riskier than POR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PNW | POR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.57% | 5.27% | +1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 12.99% | 14.63% | -1.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.82% | 18.41% | -1.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.36% | 20.80% | -0.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.70% | 24.09% | -1.39% |
Dividends
PNW vs. POR - Dividend Comparison
PNW's dividend yield for the trailing twelve months is around 3.59%, less than POR's 4.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PNW Pinnacle West Capital Corporation | 2.70% | 4.05% | 4.17% | 4.84% | 4.49% | 4.73% | 3.97% | 3.33% | 3.31% | 3.12% | 3.24% | 3.74% |
POR Portland General Electric Company | 4.31% | 4.32% | 4.53% | 4.33% | 3.65% | 3.21% | 3.71% | 2.72% | 3.11% | 2.94% | 2.91% | 3.24% |
Financials
PNW vs. POR - Financials Comparison
This section allows you to compare key financial metrics between Pinnacle West Capital Corporation and Portland General Electric Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PNW vs. POR - Profitability Comparison
PNW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Pinnacle West Capital Corporation reported a gross profit of 712.87M and revenue of 1.15B. Therefore, the gross margin over that period was 62.0%.
POR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Portland General Electric Company reported a gross profit of 0.00 and revenue of 814.00M. Therefore, the gross margin over that period was 0.0%.
PNW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Pinnacle West Capital Corporation reported an operating income of 401.36M and revenue of 1.15B, resulting in an operating margin of 34.9%.
POR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Portland General Electric Company reported an operating income of 121.00M and revenue of 814.00M, resulting in an operating margin of 14.9%.
PNW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Pinnacle West Capital Corporation reported a net income of 32.92M and revenue of 1.15B, resulting in a net margin of 2.9%.
POR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Portland General Electric Company reported a net income of 68.00M and revenue of 814.00M, resulting in a net margin of 8.4%.
Frequently Asked Questions
PNW and POR have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PNW has higher volatility (6.57%) compared to POR (5.27%). In terms of maximum drawdown, PNW dropped -79.18% vs POR's -53.30%.
POR currently has the higher Sharpe Ratio (1.39 vs 0.95), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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