FHN-P-C vs PNW

Comparison between First Horizon Corporation (FHN-P-C, Company) and Pinnacle West Capital Corp (PNW, Company).

5-Year PerformancePNW has outperformed FHN-P-C, delivering a return of +7.6% compared to +4.6%

FHN-P-C vs PNW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FHN-P-C(COMPANY)	PNW(COMPANY)
Market Cap	$12B	$12B
Max Drawdown	44.01%	56.65%
Sharpe Ratio	1.05	0.70
5Y Beta	N/A	0.14
Industry	N/A	Utilities - Regulated Electric
P/E Ratio	12.75	18.27
Forward P/E	N/A	21.14
PEG Ratio	0.29	N/A
Dividend Yield	N/A	3.62%
5Y Dividends CAGR	4.56%	6.67%
5Y EPS CAGR	2.14%	-1.71%
Debt to Equity	45.45%	147.16%
Free Cash Flow Yield	4.37%	13.63%

Market Cap

FHN-P-C

$12B

Winner

PNW

$12B

Max Drawdown

Winner

FHN-P-C

44.01%

PNW

56.65%

Sharpe Ratio

Winner

FHN-P-C

1.05

PNW

0.70

5Y Beta

FHN-P-C

N/A

PNW

0.14

Industry

FHN-P-C

N/A

PNW

Utilities - Regulated Electric

P/E Ratio

Winner

FHN-P-C

12.75

PNW

18.27

Forward P/E

FHN-P-C

N/A

PNW

21.14

PEG Ratio

FHN-P-C

0.29

PNW

N/A

Dividend Yield

FHN-P-C

N/A

PNW

3.62%

5Y Dividends CAGR

FHN-P-C

4.56%

Winner

PNW

6.67%

5Y EPS CAGR

Winner

FHN-P-C

2.14%

PNW

-1.71%

Debt to Equity

Winner

FHN-P-C

45.45%

PNW

147.16%

Free Cash Flow Yield

FHN-P-C

4.37%

Winner

PNW

13.63%

FHN-P-C vs PNW - Historical Returns

Returns include dividend reinvestment.

Period	FHN-P-C	PNW
1 month	+0.37%	-2.60%
3 months	+1.05%	+0.58%
6 months	+2.83%	+13.67%
1 year	+6.95%	+15.62%
5 years(CAGR)	+4.56%	+7.62%
10 years(CAGR)	N/A	+7.06%
Max(CAGR)	+6.90%	+8.44%

Winner

FHN-P-C

+0.37%

PNW

-2.60%

Winner

FHN-P-C

+1.05%

PNW

+0.58%

FHN-P-C

+2.83%

Winner

PNW

+13.67%

FHN-P-C

+6.95%

Winner

PNW

+15.62%

5Y(CAGR)

FHN-P-C

+4.56%

Winner

PNW

+7.62%

10Y(CAGR)

FHN-P-C

N/A

PNW

+7.06%

Max(CAGR)

FHN-P-C

+6.90%

Winner

PNW

+8.44%

FHN-P-C vs PNW - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FHN-P-C	PNW
2026	+1.90%	+14.54%
2025	+7.07%	+9.47%
2024	+14.23%	+21.11%
2023	-0.06%	+0.66%
2022	-4.33%	+14.35%
2021	+3.72%	-6.79%
2020	+18.18%	-6.39%
2019	N/A	+12.10%
2018	N/A	+5.16%
2017	N/A	+13.70%
2016	N/A	+26.11%
2015	N/A	-2.47%
2014	N/A	+36.73%
2013	N/A	+4.94%
2012	N/A	+11.13%
2011	N/A	+21.91%
2010	N/A	+18.70%
2009	N/A	+18.06%
2008	N/A	-18.11%
2007	N/A	-13.63%
2006	N/A	+25.10%
2005	N/A	-1.97%
2004	N/A	+15.32%
2003	N/A	+20.14%
2002	N/A	-15.91%
2001	N/A	-6.62%
2000	N/A	+66.55%
1999	N/A	-16.71%

FHN-P-C vs PNW Drawdown Comparison

The maximum drawdown for FHN-P-C was -38.00%, occurring on May 4, 2023. Recovery took 627 trading sessions.

The maximum drawdown for PNW was -53.35%, occurring on Oct 9, 2002. Recovery took 1026 trading sessions.

The current PNW drawdown is -4.29%.

Rank	FHN-P-C	PNW
#1	-38.00% Nov 1, 2021 - May 1, 2024	-53.35% Oct 2, 2000 - Nov 3, 2004
#2	-6.70% Dec 30, 2020 - Apr 22, 2021	-49.51% Jan 4, 2007 - Sep 28, 2010
#3	-5.07% Oct 15, 2020 - Nov 16, 2020	-39.28% Feb 21, 2020 - Jul 31, 2024
#4	-4.03% Sep 16, 2020 - Oct 15, 2020	-28.96% Nov 2, 1999 - May 8, 2000
#5	-3.99% Dec 22, 2020 - Dec 30, 2020	-20.89% Jan 22, 2015 - Feb 3, 2016
#6	-3.41% May 31, 2024 - Sep 4, 2024	-18.48% Nov 30, 2017 - Nov 12, 2018
#7	-2.75% Feb 13, 2025 - Apr 17, 2025	-15.59% May 12, 2011 - Oct 18, 2011
#8	-2.67% Dec 7, 2020 - Dec 21, 2020	-15.01% May 3, 2013 - Oct 20, 2014
#9	-2.62% Aug 5, 2020 - Aug 13, 2020	-14.10% Aug 2, 2005 - Aug 18, 2006
#10	-2.41% Nov 23, 2020 - Dec 7, 2020	-13.50% Nov 27, 2024 - Mar 3, 2025
#11	-2.26% Apr 28, 2021 - Jun 4, 2021	-12.38% Jun 6, 2019 - Jan 27, 2020
#12	-2.25% Jul 16, 2020 - Jul 27, 2020	-11.25% Jul 5, 2016 - Feb 24, 2017
#13	-1.98% Sep 17, 2021 - Oct 14, 2021	-10.68% Dec 13, 2018 - Feb 21, 2019
#14	-1.81% Jul 27, 2020 - Jul 31, 2020	-10.25% May 11, 2000 - Jul 24, 2000
#15	-1.68% Sep 26, 2024 - Dec 2, 2024	-8.43% Aug 7, 2025 - Jan 16, 2026

Correlation

Correlation between FHN-P-C and PNW is 0.81 which considered as a strong positive correlation - the stocks tend to move together.

0.81

-101

Dividend Comparison (2000 - 2026)

FHN-P-C vs PNW dividend yield comparison.

Year	FHN-P-C	PNW
2026	3.30%	1.84%
2025	6.50%	4.05%
2024	6.57%	4.17%
2023	7.02%	4.84%
2022	6.57%	4.49%
2021	5.90%	4.73%
2020	2.88%	3.97%
2019	0.00%	3.33%
2018	0.00%	3.31%
2017	0.00%	3.12%
2016	0.00%	3.24%
2015	0.00%	3.74%
2014	0.00%	3.36%
2013	0.00%	4.16%
2012	0.00%	4.16%
2011	0.00%	4.36%
2010	0.00%	5.07%
2009	0.00%	5.74%
2008	0.00%	6.54%
2007	0.00%	4.95%
2006	0.00%	3.99%
2005	0.00%	4.66%
2004	0.00%	4.11%
2003	0.00%	4.31%
2002	0.00%	4.77%
2001	0.00%	3.64%
2000	0.00%	2.99%