CWEN
Clearway Energy Inc
NYSE: CWEN-A · UTILITIES · UTILITIES - RENEWABLE
$40.43
+5.70% today
Updated 2026-04-30
Market cap
$7.90B
P/E ratio
26.84
P/S ratio
5.53x
EPS (TTM)
$1.43
Dividend yield
4.68%
52W range
$25 – $41
Volume
0.3M
Clearway Energy Inc (CWEN-A) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $143.00M | $164.00M | $175.00M | $313.00M | $689.00M | $953.00M | $1.02B | $1.01B | $1.05B | $1.03B | $1.20B | $1.29B | $1.19B | $1.31B | $1.37B | $1.43B |
| Revenue growth (YoY) | — | +14.7% | +6.7% | +78.9% | +120.1% | +38.3% | +7.1% | -1.2% | +4.4% | -2.0% | +16.2% | +7.3% | -7.5% | +10.4% | +4.3% | +4.2% |
| Cost of revenue | $97.00M | $103.00M | $106.00M | $127.00M | $239.00M | $321.00M | $306.00M | $326.00M | $332.00M | $337.00M | $366.00M | $451.00M | $435.00M | $473.00M | $501.00M | $1.21B |
| Gross profit | $46.00M | $61.00M | $69.00M | $186.00M | $450.00M | $632.00M | $715.00M | $683.00M | $721.00M | $695.00M | $833.00M | $835.00M | $755.00M | $841.00M | $870.00M | $217.00M |
| Gross margin | 32.2% | 37.2% | 39.4% | 59.4% | 65.3% | 66.3% | 70.0% | 67.7% | 68.5% | 67.3% | 69.5% | 64.9% | 63.4% | 64.0% | 63.5% | 15.2% |
| R&D | — | — | — | — | — | $3.00M | $3.00M | $3.00M | $3.00M | $5.00M | $5.00M | $6.00M | $2.00M | $0.00 | $0.00 | — |
| SG&A | $10.00M | $11.00M | $13.00M | $7.00M | $8.00M | $12.00M | $16.00M | $19.00M | $20.00M | $29.00M | $34.00M | $40.00M | $40.00M | $36.00M | $39.00M | $41.00M |
| Operating income | $20.00M | $28.00M | $31.00M | $128.00M | $272.00M | $320.00M | $218.00M | $283.00M | $347.00M | $224.00M | $333.00M | $267.00M | $1.47B | $263.00M | $196.00M | $176.00M |
| Operating margin | 14.0% | 17.1% | 17.7% | 40.9% | 39.5% | 33.6% | 21.4% | 28.0% | 33.0% | 21.7% | 27.8% | 20.8% | 123.5% | 20.0% | 14.3% | 12.3% |
| EBITDA | $40.00M | $67.00M | $79.00M | $203.00M | $499.00M | $723.00M | $679.00M | $755.00M | $824.00M | $772.00M | $879.00M | $904.00M | $2.20B | $1.03B | $1.08B | $1.10B |
| EBITDA margin | 28.0% | 40.9% | 45.1% | 64.9% | 72.4% | 75.9% | 66.5% | 74.8% | 78.3% | 74.8% | 73.3% | 70.3% | 184.7% | 78.5% | 79.0% | 76.8% |
| EBIT | $24.00M | $44.00M | $54.00M | $151.00M | $306.00M | $370.00M | $300.00M | $351.00M | $423.00M | $300.00M | $361.00M | $249.00M | $1.51B | $321.00M | $274.00M | $212.00M |
| Interest expense | $13.00M | $19.00M | $28.00M | $35.00M | $216.00M | $267.00M | $284.00M | $306.00M | $306.00M | $404.00M | $415.00M | $312.00M | $232.00M | $337.00M | $307.00M | $387.00M |
| Income tax | $4.00M | $9.00M | $10.00M | $8.00M | $4.00M | $12.00M | $-1.00M | $72.00M | $62.00M | $-8.00M | $8.00M | $12.00M | $222.00M | $-2.00M | $30.00M | — |
| Effective tax rate | 36.4% | 37.5% | 43.5% | 38.1% | 20.0% | 26.7% | -1.8% | 128.6% | 56.4% | 42.1% | 24.2% | 19.0% | 27.6% | -2.6% | 25.4% | 0.0% |
| Net income | $7.00M | $15.00M | $13.00M | $13.00M | $16.00M | $33.00M | $57.00M | $-16.00M | $48.00M | $-11.00M | $25.00M | $51.00M | $582.00M | $79.00M | $88.00M | $169.00M |
| Net income growth (YoY) | — | +114.3% | -13.3% | +0.0% | +23.1% | +106.3% | +72.7% | -128.1% | +400.0% | -122.9% | +327.3% | +104.0% | +1041.2% | -86.4% | +11.4% | +92.0% |
| Profit margin | 4.9% | 9.1% | 7.4% | 4.2% | 2.3% | 3.5% | 5.6% | -1.6% | 4.6% | -1.1% | 2.1% | 4.0% | 48.9% | 6.0% | 6.4% | 11.8% |