8-K Announcements
6May 15, 2026·SEC
May 7, 2026·SEC
May 1, 2026·SEC
Clearway Energy, Inc. (CWEN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Clearway Energy, Inc. (CWEN) stock price & volume — 10-year historical chart
Clearway Energy, Inc. (CWEN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Clearway Energy, Inc. (CWEN) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $1.35vs $0.45-200.0% | $354Mvs $341M+3.9% |
| Q1 2026 | Feb 23, 2026 | $0.89vs $0.21-323.8% | $310Mvs $334M-7.1% |
| Q4 2025 | Nov 4, 2025 | $2.00vs $0.32+525.0% | $429Mvs $335M+28.0% |
| Q3 2025 | Aug 5, 2025 | $0.28vs $0.67-58.2% | $392Mvs $420M-6.7% |
Clearway Energy, Inc. (CWEN) competitors in Renewable Utilities and Asset Owners — business model, growth, and fundamentals comparison
Clearway Energy, Inc. (CWEN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Clearway Energy, Inc. (CWEN) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.01B | 1.05B | 1.03B | 1.2B | 1.29B | 1.19B | 1.31B | 1.37B | 1.43B | 1.49B |
Revenue Growth % | -1.18% | 4.36% | -1.99% | 16.18% | 7.26% | -7.46% | 10.42% | 4.34% | 4.23% | 5.62% |
Cost of Revenue | 326M | 332M | 337M | 366M | 451M | 435M | 473M | 501M | 1.21B | 722M |
Gross Profit | 683M▲ 0% | 721M▲ 5.6% | 695M▼ 3.6% | 833M▲ 19.9% | 835M▲ 0.2% | 755M▼ 9.6% | 841M▲ 11.4% | 870M▲ 3.4% | 217M▼ 75.1% | 763M▲ 0% |
Gross Margin % | 67.69% | 68.47% | 67.34% | 69.47% | 64.93% | 63.45% | 64% | 63.46% | 15.19% | 51.38% |
Gross Profit Growth % | -4.48% | 5.56% | -3.61% | 19.86% | 0.24% | -9.58% | 11.39% | 3.45% | -75.06% | - |
Operating Expenses | 353M | 354M | 471M | 500M | 568M | -715M | 578M | 674M | 41M | 568M |
Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
EBITDA | 687M | 748M | 696M | 851M | 922M | 2.15B | 974M | 1B | 1.06B | 1.09B |
EBITDA Margin % | 68.09% | 71.04% | 67.44% | 70.98% | 71.7% | 181.01% | 74.12% | 73.3% | 74.25% | 73.6% |
EBITDA Growth % | 15.08% | 8.88% | -6.95% | 22.27% | 8.34% | 133.62% | -54.78% | 3.18% | 5.57% | 4.79% |
Depreciation & Amortization | 404M | 401M | 472M | 518M | 655M | 684M | 711M | 809M | 885M | 898M |
D&A / Revenue % | 40.04% | 38.08% | 45.74% | 43.2% | 50.93% | 57.48% | 54.11% | 59.01% | 61.93% | 60.47% |
Operating Income (EBIT) | 283M▲ 0% | 347M▲ 22.6% | 224M▼ 35.4% | 333M▲ 48.7% | 267M▼ 19.8% | 1.47B▲ 450.6% | 263M▼ 82.1% | 196M▼ 25.5% | 176M▼ 10.2% | 195M▲ 0% |
Operating Margin % | 28.05% | 32.95% | 21.71% | 27.77% | 20.76% | 123.53% | 20.02% | 14.3% | 12.32% | 13.13% |
Operating Income Growth % | 29.82% | 22.61% | -35.45% | 48.66% | -19.82% | 450.56% | -82.11% | -25.48% | -10.2% | - |
Interest Expense | 306M | 306M | 404M | 415M | 312M | 232M | 337M | 307M | 387M | 4M |
Interest Coverage | 1.16x | 1.38x | 0.74x | 0.87x | 0.80x | 6.53x | 0.95x | 0.89x | 0.55x | - |
Interest / Revenue % | 30.33% | 29.06% | 39.15% | 34.61% | 24.26% | 19.5% | 25.65% | 22.39% | 27.08% | 0.27% |
Non-Operating Income | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -4M |
Pretax Income | 49M▲ 0% | 116M▲ 136.7% | -104M▼ 189.7% | -54M▲ 48.1% | -63M▼ 16.7% | 1.28B▲ 2134.9% | -16M▼ 101.2% | -33M▼ 106.3% | -175M▼ 430.3% | -141M▲ 0% |
Pretax Margin % | 4.86% | 11.02% | -10.08% | -4.5% | -4.9% | 107.73% | -1.22% | -2.41% | -12.25% | -9.49% |
Income Tax | 72M | 62M | -8M | 8M | 12M | 222M | -2M | 30M | 56M | 54M |
Effective Tax Rate % | 146.94% | 53.45% | 7.69% | -14.81% | -19.05% | 17.32% | 12.5% | -90.91% | -32% | -38.3% |
Net Income | -16M▲ 0% | 48M▲ 400.0% | -11M▼ 122.9% | 25M▲ 327.3% | 51M▲ 104.0% | 582M▲ 1041.2% | 79M▼ 86.4% | 88M▲ 11.4% | 169M▲ 92.0% | 2M▲ 0% |
Net Margin % | -1.59% | 4.56% | -1.07% | 2.09% | 3.97% | 48.91% | 6.01% | 6.42% | 11.83% | 0.13% |
Net Income Growth % | -128.07% | 400% | -122.92% | 327.27% | 104% | 1041.18% | -86.43% | 11.39% | 92.05% | -97.87% |
EPS (Diluted) | -0.16▲ 0% | 0.46▲ 387.5% | -0.10▼ 121.7% | 0.22▲ 320.0% | 0.44▲ 100.0% | 4.99▲ 1034.1% | 0.67▼ 86.6% | 0.75▲ 11.9% | 1.42▲ 89.3% | 0.02▲ 0% |
EPS Growth % | -127.59% | 387.5% | -121.74% | 320% | 100% | 1034.09% | -86.57% | 11.94% | 89.33% | -94.97% |
EPS (Basic) | -0.16 | 0.46 | -0.10 | 0.22 | 0.44 | 4.99 | 0.67 | 0.75 | 1.42 | - |
Diluted Shares Outstanding | 99M | 104M | 109M | 116M | 117M | 117M | 117M | 118M | 119M | 119M |
Clearway Energy, Inc. (CWEN) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Assets | 8.28B | 8.5B | 9.93B | 10.59B | 12.81B | 12.31B | 14.7B | 14.33B | 16.66B | 16.93B |
Asset Growth % | -1.19% | 2.62% | 16.79% | 6.7% | 20.97% | -3.91% | 19.4% | -2.53% | 16.23% | 55.02% |
PP&E (Net) | 5.2B | 5.25B | 6.29B | 7.55B | 8.2B | 7.95B | 10.12B | 10.49B | 12.31B | 12.59B |
PP&E / Total Assets % | 62.83% | 61.71% | 63.32% | 71.32% | 64% | 64.55% | 68.86% | 73.22% | 73.91% | 74.35% |
Total Current Assets | 482M | 756M | 608M | 708M | 1.53B | 1.28B | 1.56B | 1.07B | 1.15B | 1.06B |
Cash & Equivalents | 148M | 407M | 417M | 268M | 179M | 657M | 535M | 332M | 818M | 325M |
Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
Inventory | 39M | 40M | 40M | 42M | 37M | 47M | 55M | 64M | 75M | 87M |
Other Current Assets | 168M | 205M | 33M | 197M | 1.11B | 365M | 625M | 507M | 96M | 447M |
Long-Term Investments | 1.18B | 1.17B | 1.18B | 741M | 381M | 364M | 360M | 309M | 291M | 1.36B |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 1.23B | 1.16B | 1.43B | 1.37B | 2.5B | 2.56B | 2.37B | 2.19B | 2.29B | 2.38B |
Other Assets | 63M | 114M | 103M | 115M | 107M | 159M | 284M | 269M | 436M | 548M |
Total Liabilities | 6.14B | 6.28B | 7.66B | 7.88B | 9.51B | 8.28B | 9.71B | 8.77B | 10.74B | 11.36B |
Total Debt | 5.84B | 5.98B | 7.01B | 7.31B | 8.27B | 7.36B | 8.66B | 7.75B | 10.2B | 9.94B |
Net Debt | 5.69B | 5.58B | 6.6B | 7.05B | 8.09B | 6.7B | 8.13B | 7.42B | 9.38B | 9.62B |
Long-Term Debt | 5.53B | 5.45B | 4.16B | 6.58B | 6.94B | 6.49B | 7.48B | 6.75B | 8.69B | 9.33B |
Short-Term Borrowings | 306M | 535M | 1.83B | 384M | 772M | 322M | 558M | 430M | 708M | 612M |
Capital Lease Obligations | 0 | 845M | 1.03B | 345M | 561M | 548M | 627M | 569M | 796M | 2.22B |
Total Current Liabilities | 486M | 704M | 2.06B | 634M | 1.63B | 617M | 906M | 718M | 1.02B | 955M |
Accounts Payable | 95M | 64M | 74M | 89M | 181M | 77M | 161M | 113M | 127M | 123M |
Accrued Expenses | 88M | 101M | 0 | 123M | 138M | 168M | 136M | 119M | 0 | 112M |
Deferred Revenue | 88M | 101M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 51M | 4M | 152M | 38M | 540M | 50M | 51M | 56M | 183M | 220M |
Deferred Taxes | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 263M |
Other Liabilities | 128M | -720M | 197M | 313M | 369M | 505M | 568M | 640M | 188M | 923M |
Total Equity | 2.14B▲ 0% | 2.22B▲ 4.0% | 2.26B▲ 1.8% | 2.71B▲ 20.0% | 3.3B▲ 21.5% | 4.03B▲ 22.2% | 4.99B▲ 23.9% | 5.56B▲ 11.4% | 5.91B▲ 6.3% | 5.57B▲ 0% |
Equity Growth % | -9.79% | 4.02% | 1.75% | 19.97% | 21.55% | 22.18% | 23.86% | 11.39% | 6.31% | 9.43% |
Shareholders Equity | 1.75B | 1.82B | 1.85B | 1.82B | 1.83B | 2.23B | 2.1B | 2.06B | 1.92B | 5.5B |
Minority Interest | 391M | 402M | 413M | 890M | 1.47B | 1.8B | 2.89B | 3.5B | 3.99B | 65M |
Common Stock | 1M | 1M | 1M | 1M | 1M | 0 | 0 | 0 | 1M | 1M |
Additional Paid-in Capital | 1.84B | 1.9B | 1.94B | 1.92B | 1.87B | 1.76B | 1.73B | 1.8B | 1.72B | 0 |
Retained Earnings | -69M | -58M | -72M | -84M | -33M | 463M | 361M | 254M | 213M | -6M |
Accumulated OCI | -28M | -18M | -15M | -14M | -6M | 9M | 7M | 3M | -5M | 0 |
Return on Assets (ROA) | -0.19% | 0.57% | -0.12% | 0.24% | 0.44% | 4.63% | 0.58% | 0.61% | 1.09% | 0.01% |
Return on Equity (ROE) | -0.71% | 2.2% | -0.49% | 1% | 1.7% | 15.88% | 1.75% | 1.67% | 2.94% | 0.03% |
Debt / Equity | 2.73x | 2.69x | 3.10x | 2.69x | 2.51x | 1.83x | 1.73x | 1.39x | 1.72x | 1.79x |
Debt / Assets | 70.47% | 70.38% | 70.66% | 69.05% | 64.56% | 59.79% | 58.93% | 54.08% | 61.23% | 58.72% |
Net Debt / EBITDA | 8.28x | 7.45x | 9.48x | 8.28x | 8.78x | 3.11x | 8.35x | 7.38x | 8.84x | 8.80x |
Book Value per Share | 21.6 | 21.38 | 20.76 | 23.41 | 28.21 | 34.46 | 42.68 | 47.14 | 49.7 | 46.79 |
Clearway Energy, Inc. (CWEN) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 516M | 498M | 477M | 545M | 701M | 787M | 702M | 770M | 688M | 994M |
Operating CF Growth % | -7.86% | -3.49% | -4.22% | 14.26% | 28.62% | 12.27% | -10.8% | 9.69% | -10.65% | 286.49% |
Operating CF / Revenue % | 51.14% | 47.29% | 46.22% | 45.45% | 54.51% | 66.13% | 53.42% | 56.16% | 48.15% | 66.94% |
Net Income | -23M | 54M | -96M | -62M | 51M | 582M | -14M | -63M | 169M | 2M |
Depreciation & Amortization | 404M | 401M | 472M | 518M | 664M | 701M | 711M | 809M | 885M | 898M |
Deferred Taxes | 72M | 62M | -8M | 8M | 12M | 194M | 13M | 25M | 53M | 55M |
Other Non-Cash Items | 25M | 24M | 126M | 75M | -17M | -708M | 62M | 46M | -389M | 2M |
Working Capital Changes | -10M | -30M | -17M | 6M | -9M | 18M | -70M | -47M | -30M | 139M |
Capital Expenditures | -283M | -185M | -468M | -124M | -151M | 1.13B | -523M | -725M | -319M | -805M |
CapEx / Revenue % | 28.05% | 17.57% | 45.35% | 10.34% | 11.74% | 94.54% | 39.8% | 52.88% | 22.32% | 54.21% |
CapEx / D&A | 0.70x | 0.46x | 0.99x | 0.24x | 0.23x | 1.60x | 0.74x | 0.90x | 0.36x | 0.90x |
CapEx Coverage (OCF/CapEx) | 1.82x | 2.69x | 1.02x | 4.40x | 4.64x | 0.70x | 1.34x | 1.06x | 2.16x | 1.23x |
Cash from Investing | -283M | -185M | -468M | -62M | 88M | 1.13B | -523M | -725M | 321M | -805M |
Acquisitions | -276M | -126M | -266M | -37M | 434M | 1.29B | -14M | -678M | 634M | -43M |
Purchase of Investments | -73M | -34M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Sale of Investments | 47M | 45M | 0 | 0 | 47M | 13M | 0 | 0 | 15M | 1M |
Other Investing | 24M | 24M | 26M | 99M | -242M | -70M | -215M | 240M | -9M | -430M |
Cash from Financing | -257M | -46M | -175M | -435M | -600M | -1.57B | -124M | -363M | -924M | -220M |
Dividends Paid | -108M | -130M | -155M | -211M | -268M | -353M | -311M | -334M | -358M | -366M |
Dividend Payout Ratio % | - | 495.83% | - | 844% | 525.49% | 60.65% | 393.67% | 379.55% | 211.83% | - |
Debt Issuance (Net) | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 0 |
Stock Issued | 34M | 153M | 100M | 62M | 0 | 0 | 0 | 0 | 48M | 98M |
Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Financing | -22M | 77M | 149M | 157M | 7M | -14M | 973M | 1.47B | -24M | 380M |
Net Change in Cash | -182M▲ 0% | 267M▲ 246.7% | -166M▼ 162.2% | 48M▲ 128.9% | 189M▲ 293.8% | 342M▲ 81.0% | 55M▼ 83.9% | -318M▼ 678.2% | 85M▲ 126.7% | -31M▲ 0% |
Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash at Beginning | 498M | 316M | 583M | 417M | 465M | 654M | 996M | 1.05B | 733M | 818M |
Cash at End | 316M | 583M | 417M | 465M | 654M | 996M | 1.05B | 733M | 818M | 680M |
Free Cash Flow | 233M▲ 0% | 313M▲ 34.3% | 9M▼ 97.1% | 421M▲ 4577.8% | 550M▲ 30.6% | 1.91B▲ 247.6% | 179M▼ 90.6% | 45M▼ 74.9% | 369M▲ 720.0% | 189M▲ 0% |
FCF Growth % | -41.6% | 34.33% | -97.12% | 4577.78% | 30.64% | 247.64% | -90.64% | -74.86% | 720% | -5.03% |
FCF Margin % | 23.09% | 29.72% | 0.87% | 35.11% | 42.77% | 160.67% | 13.62% | 3.28% | 25.82% | 12.73% |
FCF / Net Income % | -1456.25% | 652.08% | -81.82% | 1684% | 1078.43% | 328.52% | 226.58% | 51.14% | 218.34% | 9450% |
Clearway Energy, Inc. (CWEN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | -0.71% | 2.2% | -0.49% | 1% | 1.7% | 15.88% | 1.75% | 1.67% | 2.94% | 0.03% |
EBITDA Margin | 68.09% | 71.04% | 67.44% | 70.98% | 71.7% | 181.01% | 74.12% | 73.3% | 74.25% | 73.6% |
Net Debt / EBITDA | 8.28x | 7.45x | 9.48x | 8.28x | 8.78x | 3.11x | 8.35x | 7.38x | 8.84x | 8.80x |
Interest Coverage | 1.16x | 1.38x | 0.74x | 0.87x | 0.80x | 6.53x | 0.95x | 0.89x | 0.55x | - |
CapEx / Revenue | 28.05% | 17.57% | 45.35% | 10.34% | 11.74% | 94.54% | 39.8% | 52.88% | 22.32% | 54.21% |
Dividend Payout Ratio | - | 495.83% | - | 844% | 525.49% | 60.65% | 393.67% | 379.55% | 211.83% | 18300% |
Debt / Equity | 2.73x | 2.69x | 3.10x | 2.69x | 2.51x | 1.83x | 1.73x | 1.39x | 1.72x | 1.79x |
EPS Growth | -127.59% | 387.5% | -121.74% | 320% | 100% | 1034.09% | -86.57% | 11.94% | 89.33% | -94.97% |
Clearway Energy, Inc. (CWEN) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 15, 2026·SEC
May 7, 2026·SEC
May 1, 2026·SEC
Clearway Energy, Inc. (CWEN) stock FAQ — growth, dividends, profitability & financials explained
Clearway Energy, Inc. (CWEN) reported $1.49B in revenue for fiscal year 2025. This represents a 805% increase from $164.0M in 2011.
Clearway Energy, Inc. (CWEN) grew revenue by 4.2% over the past year. Growth has been modest.
Yes, Clearway Energy, Inc. (CWEN) is profitable, generating $2.0M in net income for fiscal year 2025 (11.8% net margin).
Yes, Clearway Energy, Inc. (CWEN) pays a dividend with a yield of 8.04%. This makes it attractive for income-focused investors.
Clearway Energy, Inc. (CWEN) has a return on equity (ROE) of 2.9%. This is below average, suggesting room for improvement.
Clearway Energy, Inc. (CWEN) generated $189.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Clearway Energy, Inc. (CWEN) has a dividend payout ratio of 212%. The high payout ratio may limit dividend growth.