PNW vs EQX

Comparison between Pinnacle West Capital Corp (PNW, Company) and Equinox Gold Corp (EQX, Company).

PNW is from the Utilities sector, while EQX is from the Basic Materials sector.

5-Year PerformanceEQX has outperformed PNW, delivering a return of +12.1% compared to +7.6%

PNW vs EQX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PNW(COMPANY)	EQX(COMPANY)
Market Cap	$12B	$12B
Max Drawdown	56.65%	81.06%
Sharpe Ratio	0.70	1.72
5Y Beta	0.14	0.78
Industry	Utilities - Regulated Electric	Gold
P/E Ratio	18.27	17.38
Forward P/E	21.14	9.67
PEG Ratio	N/A	3.62
Dividend Yield	3.62%	0.10%
5Y Dividends CAGR	6.67%	N/A
5Y EPS CAGR	-1.71%	64.99%
Debt to Equity	147.16%	10.04%
Free Cash Flow Yield	13.63%	0.56%

Market Cap

Winner

PNW

$12B

EQX

$12B

Max Drawdown

Winner

PNW

56.65%

EQX

81.06%

Sharpe Ratio

PNW

0.70

Winner

EQX

1.72

5Y Beta

Winner

PNW

0.14

EQX

0.78

Industry

PNW

Utilities - Regulated Electric

EQX

Gold

P/E Ratio

PNW

18.27

Winner

EQX

17.38

Forward P/E

PNW

21.14

Winner

EQX

9.67

PEG Ratio

PNW

N/A

EQX

3.62

Dividend Yield

Winner

PNW

3.62%

EQX

0.10%

5Y Dividends CAGR

PNW

6.67%

EQX

N/A

5Y EPS CAGR

PNW

-1.71%

Winner

EQX

64.99%

Debt to Equity

PNW

147.16%

Winner

EQX

10.04%

Free Cash Flow Yield

Winner

PNW

13.63%

EQX

0.56%

PNW vs EQX - Historical Returns

Returns include dividend reinvestment.

Period	PNW	EQX
1 month	-2.60%	-3.58%
3 months	+0.58%	-7.95%
6 months	+13.67%	+12.05%
1 year	+15.62%	+140.39%
5 years(CAGR)	+7.62%	+12.12%
10 years(CAGR)	+7.06%	N/A
Max(CAGR)	+8.44%	+17.05%

Winner

PNW

-2.60%

EQX

-3.58%

Winner

PNW

+0.58%

EQX

-7.95%

Winner

PNW

+13.67%

EQX

+12.05%

PNW

+15.62%

Winner

EQX

+140.39%

5Y(CAGR)

PNW

+7.62%

Winner

EQX

+12.12%

10Y(CAGR)

PNW

+7.06%

EQX

N/A

Max(CAGR)

PNW

+8.44%

Winner

EQX

+17.05%

PNW vs EQX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PNW	EQX
2026	+14.54%	+6.16%
2025	+9.47%	+164.41%
2024	+21.11%	+6.81%
2023	+0.66%	+36.59%
2022	+14.35%	-50.75%
2021	-6.79%	-39.10%
2020	-6.39%	+31.89%
2019	+12.10%	+109.52%
2018	+5.16%	-12.75%
2017	+13.70%	N/A
2016	+26.11%	N/A
2015	-2.47%	N/A
2014	+36.73%	N/A
2013	+4.94%	N/A
2012	+11.13%	N/A
2011	+21.91%	N/A
2010	+18.70%	N/A
2009	+18.06%	N/A
2008	-18.11%	N/A
2007	-13.63%	N/A
2006	+25.10%	N/A
2005	-1.97%	N/A
2004	+15.32%	N/A
2003	+20.14%	N/A
2002	-15.91%	N/A
2001	-6.62%	N/A
2000	+66.55%	N/A
1999	-16.71%	N/A

PNW vs EQX Drawdown Comparison

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

The maximum drawdown for EQX was -81.06%, occurring on Nov 3, 2022. Recovery took 1326 trading sessions.

The current PNW drawdown is -4.29%. The current EQX drawdown is -22.47%.

Rank	PNW	EQX
#1	-53.35% Oct 2, 2000 - Nov 3, 2004	-81.06% Aug 18, 2020 - Nov 26, 2025
#2	-49.51% Jan 4, 2007 - Sep 28, 2010	-42.99% Feb 21, 2020 - Jun 1, 2020
#3	-39.28% Feb 21, 2020 - Jul 31, 2024	-36.03% Feb 27, 2026 - Mar 20, 2026
#4	-28.96% Nov 2, 1999 - May 8, 2000	-27.76% Aug 7, 2018 - Mar 8, 2019
#5	-20.89% Jan 22, 2015 - Feb 3, 2016	-25.49% Mar 25, 2019 - Jun 20, 2019
#6	-18.48% Nov 30, 2017 - Nov 12, 2018	-19.74% Jan 28, 2026 - Feb 23, 2026
#7	-15.59% May 12, 2011 - Oct 18, 2011	-19.19% Aug 26, 2019 - Dec 18, 2019
#8	-15.01% May 3, 2013 - Oct 20, 2014	-16.64% Jun 20, 2019 - Aug 5, 2019
#9	-14.10% Aug 2, 2005 - Aug 18, 2006	-9.18% Jan 15, 2020 - Feb 14, 2020
#10	-13.50% Nov 27, 2024 - Mar 3, 2025	-8.77% Aug 5, 2019 - Aug 20, 2019
#11	-12.38% Jun 6, 2019 - Jan 27, 2020	-8.05% Dec 22, 2025 - Jan 20, 2026
#12	-11.25% Jul 5, 2016 - Feb 24, 2017	-6.89% Jun 1, 2020 - Jun 8, 2020
#13	-10.68% Dec 13, 2018 - Feb 21, 2019	-6.49% Aug 6, 2020 - Aug 17, 2020
#14	-10.25% May 11, 2000 - Jul 24, 2000	-6.39% Dec 12, 2025 - Dec 22, 2025
#15	-8.43% Aug 7, 2025 - Jan 16, 2026	-5.42% Jul 9, 2020 - Jul 22, 2020

Correlation

Correlation between PNW and EQX is 0.43 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.43

-101

Dividend Comparison (2000 - 2026)

PNW vs EQX dividend yield comparison.

Year	PNW	EQX
2026	1.84%	0.10%
2025	4.05%	0.00%
2024	4.17%	0.00%
2023	4.84%	0.00%
2022	4.49%	0.00%
2021	4.73%	0.00%
2020	3.97%	0.00%
2019	3.33%	0.00%
2018	3.31%	0.00%
2017	3.12%	0.00%
2016	3.24%	0.00%
2015	3.74%	0.00%
2014	3.36%	0.00%
2013	4.16%	0.00%
2012	4.16%	0.00%
2011	4.36%	0.00%
2010	5.07%	0.00%
2009	5.74%	0.00%
2008	6.54%	0.00%
2007	4.95%	0.00%
2006	3.99%	0.00%
2005	4.66%	0.00%
2004	4.11%	0.00%
2003	4.31%	0.00%
2002	4.77%	0.00%
2001	3.64%	0.00%
2000	2.99%	0.00%