Clearway Energy-C

US · CWEN #1924 by market cap Listed 1970

30.29 -0.44 -1.43%

Live - 5344 symbols - heartbeat 363s ago · 2026-10-08 07:00

Pre-market 30.47 +0.59%

After-hours 30.29 0.00%

Market cap: 3.67B
P/E (TTM): 35.22
P/B: 1.98
EPS: 1.43
Div yield: 6.03%
52W pos: 14%

Reader sentiment Are you bullish or bearish on CWEN?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Weak

Altman Z-Score is 0.35, below the 1.8 "distress zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +4.23% YoY

Margins

Gross margin: 62.91%
Operating margin: 12.32%
Net margin: 11.83%

Key ratios & quality

Enterprise value: 12.05B
Altman Z-Score: 0.35

Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	1.05B	1.03B	1.20B	1.29B	1.19B	1.31B	1.37B	1.43B
Gross profit	726.00M	695.00M	833.00M	835.00M	755.00M	841.00M	870.00M	899.00M
Selling & admin expenses	20.00M	29.00M	34.00M	40.00M	40.00M	36.00M	39.00M	41.00M
Research & development	3.00M	5.00M	5.00M	6.00M	2.00M	--	--	--
Operating profit	367.00M	260.00M	366.00M	280.00M	201.00M	279.00M	204.00M	176.00M
Pretax profit	116.00M	-104.00M	-54.00M	-63.00M	1.28B	-16.00M	-33.00M	-175.00M
Tax	62.00M	-8.00M	8.00M	12.00M	222.00M	-2.00M	30.00M	56.00M
Net profit	50.00M	-96.00M	-62.00M	-75.00M	1.06B	-14.00M	-63.00M	-231.00M
Basic EPS	0	0	0	0	5	1	1	1
Diluted EPS	0.46	-0.10	0.22	0.44	4.99	0.67	0.75	1.43

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	298.00M	392.00M	429.00M	310.00M	354.00M	481.00M
Gross profit	176.00M	261.00M	301.00M	161.00M	220.00M	332.00M
Selling & admin expenses	10.00M	11.00M	10.00M	10.00M	11.00M	15.00M
Research & development	--	--	--	--	--	--
Operating profit	3.00M	87.00M	115.00M	-29.00M	27.00M	121.00M
Pretax profit	-104.00M	17.00M	29.00M	-117.00M	-70.00M	27.00M
Tax	0	5.00M	-31.00M	82.00M	-2.00M	-3.00M
Net profit	-104.00M	12.00M	60.00M	-199.00M	-68.00M	30.00M
Basic EPS	0	0	2	-1	-1	1
Diluted EPS	-0.02	0.25	2.00	-0.89	-1.35	1.00

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	756.00M	608.00M	708.00M	1.53B	1.28B	1.56B	1.07B	1.15B
Cash & ST investments	407.00M	155.00M	268.00M	179.00M	657.00M	535.00M	332.00M	231.00M
Inventory	40.00M	40.00M	42.00M	37.00M	47.00M	55.00M	64.00M	75.00M
Total assets	8.50B	9.70B	10.59B	12.81B	12.31B	14.70B	14.33B	16.66B
Total current liabilities	704.00M	2.06B	634.00M	1.63B	617.00M	906.00M	718.00M	1.02B
Short-term debt	535.00M	1.82B	384.00M	772.00M	322.00M	558.00M	430.00M	708.00M
Long-term debt	5.45B	4.96B	6.59B	6.94B	6.49B	7.48B	6.75B	7.90B
Total liabilities	6,276,000,000.00	7,438,000,000.00	7,877,000,000.00	9,513,000,000.00	8,280,000,000.00	9,707,000,000.00	8,765,000,000.00	10,741,000,000.00
Total equity	2.22B	2.26B	2.72B	3.30B	4.03B	4.99B	5.56B	5.91B
Retained earnings	-58.00M	-72.00M	-84.00M	-33.00M	463.00M	361.00M	254.00M	213.00M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	1.04B	1.19B	1.06B	1.15B	1.06B	1.06B
Cash & ST investments	297.00M	260.00M	251.00M	231.00M	325.00M	251.00M
Inventory	67.00M	70.00M	71.00M	75.00M	87.00M	88.00M
Total assets	14.65B	16.03B	16.07B	16.66B	16.93B	16.77B
Total current liabilities	684.00M	834.00M	687.00M	1.02B	955.00M	880.00M
Short-term debt	392.00M	460.00M	342.00M	708.00M	612.00M	570.00M
Long-term debt	7.23B	8.25B	8.08B	7.90B	8.50B	8.49B
Total liabilities	9,228,000,000.00	10,453,000,000.00	10,277,000,000.00	10,741,000,000.00	11,363,000,000.00	11,175,000,000.00
Total equity	5.42B	5.58B	5.79B	5.91B	5.57B	5.60B
Retained earnings	207.00M	188.00M	372.00M	213.00M	-6.00M	111.00M

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	498.00M	477.00M	545.00M	701.00M	787.00M	702.00M	770.00M	688.00M
Depreciation & amortization	405.00M	472.00M	518.00M	655.00M	684.00M	711.00M	809.00M	869.00M
Free cash flow	415.00M	249.00M	421.00M	529.00M	675.00M	408.00M	483.00M	342.00M
Dividends paid	-238.00M	-155.00M	-211.00M	-268.00M	-289.00M	-311.00M	-334.00M	-358.00M
Stock buybacks / issuance	153.00M	100.00M	62.00M	--	--	0	0	48.00M
Ending cash balance	583.00M	417.00M	465.00M	654.00M	996.00M	1.05B	733.00M	818.00M

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	95.00M	191.00M	225.00M	177.00M	401.00M	214.00M
Depreciation & amortization	206.00M	208.00M	225.00M	230.00M	231.00M	248.00M
Free cash flow	39.00M	115.00M	144.00M	44.00M	256.00M	88.00M
Dividends paid	-87.00M	-89.00M	-90.00M	-92.00M	-95.00M	-95.00M
Stock buybacks / issuance	0	0	--	--	50.00M	0
Ending cash balance	711.00M	786.00M	641.00M	818.00M	680.00M	543.00M

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	2.69	-0.60	1.36	2.79	28.61	3.65	4.23	8.48
ROA %	0.57	-0.12	0.25	0.44	4.63	0.58	0.61	1.09
ROIC %	3.53	4.34	3.64	2.90	7.86	3.67	3.21	4.49
5-year avg ROE %	1.75	1.29	1.13	1.07	6.97	7.16	8.13	9.55
EBIT margin %	40.08	29.07	30.11	19.36	127.23	24.43	19.99	14.84
FCF / sales %	39.41	24.13	35.11	42.77	56.72	31.05	35.23	23.93
Current ratio	1.07	0.30	1.12	0.94	2.07	1.72	1.49	1.13
Quick ratio	0.73	0.13	0.65	0.20	1.31	0.97	0.69	0.39
Debt / assets	70.38	72.24	69.05	64.56	59.79	58.93	54.08	56.45
LT debt / equity	298.96	280.31	379.73	408.94	315.23	386.00	354.77	451.87
Interest coverage	1.38	0.74	0.87	0.80	6.53	0.95	0.89	0.55
Revenue CAGR (3Y) %	2.85	-0.10	5.92	6.89	4.86	3.10	2.16	6.29
Net income CAGR (3Y) %	13.30	--	--	2.04	--	46.74	19.94	-33.78
FCF CAGR (3Y) %	1.57	-23.54	8.79	8.43	39.43	-1.04	-2.99	-20.28

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	4.70	3.80	13.20	8.48	0.49	5.46
ROA %	0.64	0.50	1.82	1.09	0.06	0.62
ROIC %	3.65	3.41	4.90	4.49	2.12	2.94
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	20.48	19.97	15.56	14.84	15.56	16.71
FCF / sales %	38.34	39.25	32.00	23.93	37.64	33.80
Current ratio	1.52	1.42	1.54	1.13	1.11	1.21
Quick ratio	0.70	0.59	0.71	0.39	0.55	0.62
Debt / assets	56.10	58.29	57.38	56.45	58.72	58.97
LT debt / equity	402.94	480.58	433.19	451.87	529.21	503.51
Interest coverage	0.79	0.79	0.67	0.55	0.62	0.67
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Single-engine

Renewables & Storage is the largest reported line at 82.12% of revenue, across 2 reported segments.
The next-largest line, Flexible Generation, is a distant second at 17.88% - a sharp slowdown here would have little to offset it.

Revenue breakdown most recent period

Business

Renewables & Storage82.12%

Flexible Generation17.88%

Quote time 2026-10-08 07:00:09 · For reference only, not investment advice and not tailored to your situation.