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Pinnacle West Capital vs Wisconsin Electric Power: PNW and WELPP compared
Pinnacle West Capital is the larger company: $2.0B of revenue in its latest quarter (Q3 2026) against $1.4B for Wisconsin Electric Power (Q3 2026). Wisconsin Electric Power is growing faster (+14% against +8% a year earlier). Pinnacle West Capital is more profitable, with an operating margin of 31.5% against 29.1%.
Where the money goes: PNW and WELPP
Pinnacle West Capital (PNW) · Q3 2026
Pinnacle West Capital, Q3 2026: revenue $2.0B (+8% year over year), operating margin 31.5%, net earnings $434M, operating cash flow $723M. The chart follows the revenue to costs, profit and cash.
Wisconsin Electric Power (WELPP) · Q3 2026
Wisconsin Electric Power, Q3 2026: revenue $1.4B (+14% year over year), operating margin 29.1%, net earnings $252M, operating cash flow $546M. The chart follows the revenue to costs, profit and cash.
| Pinnacle West Capital (PNW) | Wisconsin Electric Power (WELPP) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $2.0B | $1.4B |
| Revenue growth, Y/Y | +8% | +14% |
| Operating margin | 31.5% | 29.1% |
| Net earnings | $434M | $252M |
| Net margin | 22.0% | 18.4% |
| Operating cash flow | $723M | $546M |
| Market value | $13.1B | $2.1B |
| P/E | 19.9× | 2.8× |
| Analysts’ mean target | $105.70 | — |
Questions
Which is bigger, Pinnacle West Capital or Wisconsin Electric Power?
Pinnacle West Capital is the larger company: $2.0B of revenue in its latest quarter (Q3 2026) against $1.4B for Wisconsin Electric Power (Q3 2026).
Is Pinnacle West Capital or Wisconsin Electric Power growing faster?
Wisconsin Electric Power is growing faster (+14% against +8% a year earlier).
Which is more profitable, Pinnacle West Capital or Wisconsin Electric Power?
Pinnacle West Capital is more profitable, with an operating margin of 31.5% against 29.1%.
More: Pinnacle West Capital earnings · how Pinnacle West Capital makes money · Wisconsin Electric Power earnings · how Wisconsin Electric Power makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 3, 2026; 10-Q filed Oct 30, 2026). Fiscal quarters can end on different dates. Not investment advice.