CWEN's Q3 earnings may have benefited from favorable wind conditions and strong plant availability, but weaker solar resources are likely to weigh on results.
Clearway Energy is executing an aggressive growth strategy, with revenue up 22.7% year-over-year in 2026Q2 to $481M, driven by new renewable assets. However, this expansion is heavily debt-financed, as total debt rose from $7.7B in 2024Q4 to $9.9B in 2026Q2, pushing D/E to 1.77, while equity remained flat at $5.5B.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 5, 2026 | $1.00+316.7% vs $0.24 | $481M+1.5% vs $474M |
Q2 2026 May 7, 2026 | -$1.35-200.0% vs -$0.45 | $354M+3.9% vs $341M |
Q1 2026 Feb 23, 2026 | -$0.89-323.8% vs -$0.21 | $310M-7.1% vs $334M |
Q4 2025 Nov 4, 2025 | $2.00+525.0% vs $0.32 | $429M+28.0% vs $335M |
CWEN's Q3 earnings may have benefited from favorable wind conditions and strong plant availability, but weaker solar resources are likely to weigh on results.
Clearway Energy (CWEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The latest trading day saw Clearway Energy (CWEN) settling at $32.03, representing a -2.59% change from its previous close.
Clearway Energy trades near 52-week lows after cutting 2026 CAFD guidance due to low wind resources. The business fundamentals and dividend remain intact, but resource variability is a persistent risk, not a transitory event. Management's growth strategy depends on expensive equity issuance, making future accretion only marginal at current yields.

Benchmark CWEN against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Clearway Energy, Inc. (CWEN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $34.10 | $7.01B | 45.34 | 4.23% | 5.78% | 1.59% | 8.82% | |
| $31.14 | $9.53B | 166.79 | 10.95% | 0.86% | 0.16% | 12.98% | |
| $31.74 | $4.69B | -4.75 | -10% | -25.34% | -12.13% | 0.09% | |
| $86.95 | $181.36B | 15.67 | 11% | 39.92% | 16.89% | 2.58% | |
| $14.87 | $10.6B | 5.82 | -0.37% | 13.46% | 15.23% | 4.73% | |
| $9.98 | $2.38B | 18.26 | 45.11% | 3.9% | 2.92% | — |
Clearway Energy, Inc. (CWEN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Clearway Energy, Inc. (CWEN) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 6, 2026·SEC
Aug 5, 2026·SEC
Jul 16, 2026·SEC
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Clearway Energy, Inc. (CWEN) stock FAQ — growth, dividends, profitability & financials explained
Clearway Energy, Inc. (CWEN) reported $1.57B in revenue over the trailing twelve months. Revenue was $1.43B in fiscal year 2025. That is 771% more than the $164.0M of fiscal year 2011.
Clearway Energy, Inc. (CWEN) grew revenue by 9.9% over the trailing twelve months, compared with the twelve months before.
Yes. Clearway Energy, Inc. (CWEN) earned $91.0M in net income over the trailing twelve months (a 5.8% net margin).
Yes. Clearway Energy, Inc. (CWEN) pays a dividend that yields 8.82% at the current price, a high yield.
Clearway Energy, Inc. (CWEN) had a return on equity (ROE) of 1.6% over the trailing twelve months. That is below the market's typical 10-15%.
Clearway Energy, Inc. (CWEN) generated $348.0M in free cash flow over the trailing twelve months.
Clearway Energy, Inc. (CWEN) has a dividend payout ratio of 212%. The high payout ratio may limit dividend growth.