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TXNM vs GE vs RTX vs PNW vs LMT
Revenue, margins, valuation, and 5-year total return — side by side.
Aerospace & Defense
Aerospace & Defense
Regulated Electric
Aerospace & Defense
TXNM vs GE vs RTX vs PNW vs LMT — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Regulated Electric | Aerospace & Defense | Aerospace & Defense | Regulated Electric | Aerospace & Defense |
| Market Cap | $6.43B | $310.47B | $237.14B | $12.03B | $116.73B |
| Revenue (TTM) | $1.68B | $48.35B | $90.37B | $5.46B | $75.11B |
| Net Income (TTM) | $147M | $8.66B | $7.26B | $654M | $4.79B |
| Gross Margin | 39.6% | 34.8% | 20.2% | 40.7% | 9.8% |
| Operating Margin | 26.5% | 18.5% | 10.4% | 27.5% | 9.9% |
| Forward P/E | 20.1x | 39.3x | 25.4x | 20.9x | 16.9x |
| Total Debt | $3M | $20.49B | $39.51B | $17.85B | $21.70B |
| Cash & Equiv. | $2M | $12.39B | $7.43B | $7M | $4.12B |
TXNM vs GE vs RTX vs PNW vs LMT — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| TXNM Energy, Inc. (TXNM) | 100 | 144.5 | +44.5% |
| GE Aerospace (GE) | 100 | 908.4 | +808.4% |
| RTX Corporation (RTX) | 100 | 272.9 | +172.9% |
| Pinnacle West Capit… (PNW) | 100 | 127.4 | +27.4% |
| Lockheed Martin Cor… (LMT) | 100 | 130.4 | +30.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: TXNM vs GE vs RTX vs PNW vs LMT
Each card shows where this stock fits in a portfolio — not just who wins on paper.
TXNM ranks third and is worth considering specifically for income & stability and sleep-well-at-night.
- Dividend streak 7 yrs, beta 0.07, yield 3.0%
- Lower volatility, beta 0.07, Low D/E 0.1%, current ratio 0.19x
- Beta 0.07 vs GE's 1.19, lower leverage
GE carries the broadest edge in this set and is the clearest fit for growth exposure and valuation efficiency.
- Rev growth 18.5%, EPS growth 36.2%, 3Y rev CAGR 16.3%
- PEG 3.33 vs PNW's 28.73
- 18.5% revenue growth vs PNW's 4.2%
- 17.9% margin vs LMT's 6.4%
RTX is the clearest fit if your priority is long-term compounding.
- 233.5% 10Y total return vs LMT's 153.7%
PNW is the clearest fit if your priority is dividends.
- 3.5% yield, 1-year raise streak, vs LMT's 2.7%
LMT is the #2 pick in this set and the best alternative if defensive is your priority.
- Beta 0.12, yield 2.7%, current ratio 1.09x
- Lower P/E (16.9x vs 20.9x)
- 8.0% ROA vs TXNM's 2.1%, ROIC 23.9% vs 5.6%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 18.5% revenue growth vs PNW's 4.2% | |
| Value | Lower P/E (16.9x vs 20.9x) | |
| Quality / Margins | 17.9% margin vs LMT's 6.4% | |
| Stability / Safety | Beta 0.07 vs GE's 1.19, lower leverage | |
| Dividends | 3.5% yield, 1-year raise streak, vs LMT's 2.7% | |
| Momentum (1Y) | +39.3% vs LMT's +9.6% | |
| Efficiency (ROA) | 8.0% ROA vs TXNM's 2.1%, ROIC 23.9% vs 5.6% |
TXNM vs GE vs RTX vs PNW vs LMT — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
TXNM vs GE vs RTX vs PNW vs LMT — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
LMT leads in 1 of 6 categories
GE leads 1 • TXNM leads 0 • RTX leads 0 • PNW leads 0 • 4 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
Evenly matched — GE and PNW each lead in 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
RTX is the larger business by revenue, generating $90.4B annually — 53.7x TXNM's $1.7B. GE is the more profitable business, keeping 17.9% of every revenue dollar as net income compared to LMT's 6.4%. On growth, GE holds the edge at +24.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $1.7B | $48.4B | $90.4B | $5.5B | $75.1B |
| EBITDAEarnings before interest/tax | $869M | $9.9B | $13.8B | $2.5B | $8.7B |
| Net IncomeAfter-tax profit | $147M | $8.7B | $7.3B | $654M | $4.8B |
| Free Cash FlowCash after capex | -$384M | $7.5B | $8.4B | -$992M | $5.7B |
| Gross MarginGross profit ÷ Revenue | +39.6% | +34.8% | +20.2% | +40.7% | +9.8% |
| Operating MarginEBIT ÷ Revenue | +26.5% | +18.5% | +10.4% | +27.5% | +9.9% |
| Net MarginNet income ÷ Revenue | +8.7% | +17.9% | +8.0% | +12.0% | +6.4% |
| FCF MarginFCF ÷ Revenue | -22.8% | +15.4% | +9.2% | -18.2% | +7.5% |
| Rev. Growth (YoY)Latest quarter vs prior year | -100.0% | +24.7% | +8.7% | +11.4% | +0.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -68.7% | -1.1% | +32.5% | +7.8% | -11.5% |
Valuation Metrics
LMT leads this category, winning 3 of 7 comparable metrics.
Valuation Metrics
At 19.7x trailing earnings, PNW trades at a 46% valuation discount to GE's 36.4x P/E. Adjusting for growth (PEG ratio), GE offers better value at 3.08x vs PNW's 28.73x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $6.4B | $310.5B | $237.1B | $12.0B | $116.7B |
| Enterprise ValueMkt cap + debt − cash | $6.4B | $318.6B | $269.2B | $29.9B | $134.3B |
| Trailing P/EPrice ÷ TTM EPS | 36.41x | 36.42x | 35.50x | 19.65x | 23.57x |
| Forward P/EPrice ÷ next-FY EPS est. | 20.13x | 39.27x | 25.42x | 20.93x | 16.92x |
| PEG RatioP/E ÷ EPS growth rate | — | 3.08x | — | 28.73x | — |
| EV / EBITDAEnterprise value multiple | 7.41x | 31.89x | 20.89x | 14.31x | 15.90x |
| Price / SalesMarket cap ÷ Revenue | 2.97x | 6.77x | 2.68x | 2.25x | 1.56x |
| Price / BookPrice ÷ Book value/share | 1.61x | 16.78x | 3.56x | 1.71x | 17.48x |
| Price / FCFMarket cap ÷ FCF | — | 42.74x | 29.87x | — | 16.90x |
Profitability & Efficiency
Evenly matched — TXNM and LMT each lead in 3 of 9 comparable metrics.
Profitability & Efficiency
LMT delivers a 74.5% return on equity — every $100 of shareholder capital generates $75 in annual profit, vs $4 for TXNM. TXNM carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to LMT's 3.23x. On the Piotroski fundamental quality scale (0–9), RTX scores 8/9 vs PNW's 3/9, reflecting strong financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | +4.3% | +45.8% | +10.9% | +9.3% | +74.5% |
| ROA (TTM)Return on assets | +2.1% | +6.8% | +4.3% | +2.2% | +8.0% |
| ROICReturn on invested capital | +5.6% | +24.7% | +6.7% | +3.9% | +23.9% |
| ROCEReturn on capital employed | +6.3% | +9.6% | +7.9% | +4.3% | +21.3% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 6 | 8 | 3 | 6 |
| Debt / EquityFinancial leverage | 0.00x | 1.08x | 0.59x | 2.52x | 3.23x |
| Net DebtTotal debt minus cash | $982,000 | $8.1B | $32.1B | $17.8B | $17.6B |
| Cash & Equiv.Liquid assets | $2M | $12.4B | $7.4B | $7M | $4.1B |
| Total DebtShort + long-term debt | $3M | $20.5B | $39.5B | $17.8B | $21.7B |
| Interest CoverageEBIT ÷ Interest expense | 1.54x | 11.69x | 5.58x | 2.75x | 6.08x |
Total Returns (Dividends Reinvested)
GE leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in GE five years ago would be worth $45,251 today (with dividends reinvested), compared to $13,306 for PNW. Over the past 12 months, GE leads with a +39.3% total return vs LMT's +9.6%. The 3-year compound annual growth rate (CAGR) favors GE at 55.1% vs LMT's 6.5% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | +1.3% | -7.2% | -5.6% | +14.7% | +2.6% |
| 1-Year ReturnPast 12 months | +15.2% | +39.3% | +39.0% | +11.8% | +9.6% |
| 3-Year ReturnCumulative with dividends | +30.9% | +273.2% | +92.3% | +37.7% | +20.9% |
| 5-Year ReturnCumulative with dividends | +33.8% | +352.5% | +121.0% | +33.1% | +44.4% |
| 10-Year ReturnCumulative with dividends | +118.1% | +117.1% | +233.5% | +78.6% | +153.7% |
| CAGR (3Y)Annualised 3-year return | +9.4% | +55.1% | +24.3% | +11.3% | +6.5% |
Risk & Volatility
Evenly matched — TXNM and PNW each lead in 1 of 2 comparable metrics.
Risk & Volatility
PNW is the less volatile stock with a -0.04 beta — it tends to amplify market swings less than GE's 1.19 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. TXNM currently trades 99.1% from its 52-week high vs LMT's 73.2% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.07x | 1.19x | 0.50x | -0.04x | 0.12x |
| 52-Week HighHighest price in past year | $59.52 | $348.48 | $214.50 | $104.92 | $692.00 |
| 52-Week LowLowest price in past year | $51.59 | $210.51 | $126.03 | $85.32 | $410.11 |
| % of 52W HighCurrent price vs 52-week peak | +99.1% | +85.3% | +82.1% | +94.6% | +73.2% |
| RSI (14)Momentum oscillator 0–100 | 59.8 | 54.5 | 37.4 | 41.0 | 27.5 |
| Avg Volume (50D)Average daily shares traded | 1.2M | 5.7M | 5.3M | 1.1M | 1.5M |
Analyst Outlook
Evenly matched — PNW and LMT each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: TXNM as "Buy", GE as "Buy", RTX as "Buy", PNW as "Hold", LMT as "Buy". Consensus price targets imply 30.0% upside for GE (target: $386) vs -9.6% for TXNM (target: $53). For income investors, PNW offers the higher dividend yield at 3.49% vs GE's 0.46%.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy | Buy | Hold | Buy |
| Price TargetConsensus 12-month target | $53.31 | $386.20 | $224.89 | $103.13 | $635.11 |
| # AnalystsCovering analysts | 7 | 34 | 26 | 24 | 37 |
| Dividend YieldAnnual dividend ÷ price | +3.0% | +0.5% | +1.5% | +3.5% | +2.7% |
| Dividend StreakConsecutive years of raises | 7 | 2 | 4 | 1 | 23 |
| Dividend / ShareAnnual DPS | $1.75 | $1.36 | $2.63 | $3.47 | $13.50 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.2% | +2.4% | +0.0% | 0.0% | +2.6% |
LMT leads in 1 of 6 categories (Valuation Metrics). GE leads in 1 (Total Returns). 4 tied.
TXNM vs GE vs RTX vs PNW vs LMT: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is TXNM or GE or RTX or PNW or LMT a better buy right now?
For growth investors, GE Aerospace (GE) is the stronger pick with 18.
5% revenue growth year-over-year, versus 4. 2% for Pinnacle West Capital Corporation (PNW). Pinnacle West Capital Corporation (PNW) offers the better valuation at 19. 7x trailing P/E (20. 9x forward), making it the more compelling value choice. Analysts rate TXNM Energy, Inc. (TXNM) a "Buy" — based on 7 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — TXNM or GE or RTX or PNW or LMT?
On trailing P/E, Pinnacle West Capital Corporation (PNW) is the cheapest at 19.
7x versus GE Aerospace at 36. 4x. On forward P/E, Lockheed Martin Corporation is actually cheaper at 16. 9x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: GE Aerospace wins at 3. 33x versus Pinnacle West Capital Corporation's 28. 73x.
03Which is the better long-term investment — TXNM or GE or RTX or PNW or LMT?
Over the past 5 years, GE Aerospace (GE) delivered a total return of +352.
5%, compared to +33. 1% for Pinnacle West Capital Corporation (PNW). Over 10 years, the gap is even starker: RTX returned +233. 5% versus PNW's +78. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — TXNM or GE or RTX or PNW or LMT?
By beta (market sensitivity over 5 years), Pinnacle West Capital Corporation (PNW) is the lower-risk stock at -0.
04β versus GE Aerospace's 1. 19β — meaning GE is approximately -3012% more volatile than PNW relative to the S&P 500. On balance sheet safety, TXNM Energy, Inc. (TXNM) carries a lower debt/equity ratio of 0% versus 3% for Lockheed Martin Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — TXNM or GE or RTX or PNW or LMT?
By revenue growth (latest reported year), GE Aerospace (GE) is pulling ahead at 18.
5% versus 4. 2% for Pinnacle West Capital Corporation (PNW). On earnings-per-share growth, the picture is similar: RTX Corporation grew EPS 39. 7% year-over-year, compared to -39. 3% for TXNM Energy, Inc.. Over a 3-year CAGR, GE leads at 16. 3% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — TXNM or GE or RTX or PNW or LMT?
GE Aerospace (GE) is the more profitable company, earning 19.
0% net margin versus 6. 7% for Lockheed Martin Corporation — meaning it keeps 19. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: PNW leads at 20. 9% versus 10. 0% for RTX. At the gross margin level — before operating expenses — TXNM leads at 38. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is TXNM or GE or RTX or PNW or LMT more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, GE Aerospace (GE) is the more undervalued stock at a PEG of 3. 33x versus Pinnacle West Capital Corporation's 28. 73x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, Lockheed Martin Corporation (LMT) trades at 16. 9x forward P/E versus 39. 3x for GE Aerospace — 22. 4x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for GE: 30. 0% to $386. 20.
08Which pays a better dividend — TXNM or GE or RTX or PNW or LMT?
All stocks in this comparison pay dividends.
Pinnacle West Capital Corporation (PNW) offers the highest yield at 3. 5%, versus 0. 5% for GE Aerospace (GE).
09Is TXNM or GE or RTX or PNW or LMT better for a retirement portfolio?
For long-horizon retirement investors, Pinnacle West Capital Corporation (PNW) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β -0.
04), 3. 5% yield). Both have compounded well over 10 years (PNW: +78. 6%, GE: +117. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between TXNM and GE and RTX and PNW and LMT?
These companies operate in different sectors (TXNM (Utilities) and GE (Industrials) and RTX (Industrials) and PNW (Utilities) and LMT (Industrials)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: TXNM is a small-cap quality compounder stock; GE is a large-cap high-growth stock; RTX is a large-cap quality compounder stock; PNW is a mid-cap income-oriented stock; LMT is a mid-cap quality compounder stock. TXNM, RTX, PNW, LMT pay a dividend while GE does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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