Stocks · Utilities · Electric Services

Clearway Energy, Inc.

CWEN Clue Score48
United States Fiscal year ends December CIK 0001567683
$30.19 +0.80% Close, 9 Oct 2026
Price $30.19 −9.77% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue1.04Operating income0.22Net income0.00Fiscal year 2017Revenue1.01 −2.5%Operating income0.28Net income−0.02 −900.0%Fiscal year 2018Revenue0.25 −75.7%Operating income0.35Net income0.05Fiscal year 2019Revenue0.24 −2.4%Operating income0.22Net income−0.01 −122.9%Fiscal year 2020Revenue1.20 +401.7%Operating income0.33Net income0.03EPS, diluted0.22Fiscal year 2021Revenue1.29 +7.3%Operating income0.27Net income0.05 +104.0%EPS, diluted0.44 +100.0%Fiscal year 2022Revenue1.19 −7.5%Operating income1.47Net income0.58 +1,041.2%EPS, diluted4.99 +1,034.1%Fiscal year 2023Revenue1.31 +10.4%Operating income0.26Net income0.08 −86.4%EPS, diluted0.67 −86.6%Fiscal year 2024Revenue1.37 +4.3%Operating income0.20Net income0.09 +11.4%EPS, diluted0.75 +11.9%Fiscal year 2025Revenue1.43 +4.2%Operating income0.16Net income0.17 +92.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 1.04 1.01 0.25 0.24 1.20 1.29 1.19 1.31 1.37 1.43
Growth −2.5% −75.7% −2.4% +401.7% +7.3% −7.5% +10.4% +4.3% +4.2%
Operating income 0.22 0.28 0.35 0.22 0.33 0.27 1.47 0.26 0.20 0.16
Net income 0.00 −0.02 0.05 −0.01 0.03 0.05 0.58 0.08 0.09 0.17
Growth −900.0% −122.9% +104.0% +1,041.2% −86.4% +11.4% +92.0%
EPS, diluted n/a n/a n/a n/a 0.22 0.44 4.99 0.67 0.75 n/a
Growth +100.0% +1,034.1% −86.6% +11.9%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin21.4%Net margin0.2%Free cash flow margin53.8%Fiscal year 2017Operating margin28.0%Net margin−1.6%Free cash flow margin32.4%Fiscal year 2018Operating margin141.6%Net margin19.6%Free cash flow margin169.4%Fiscal year 2019Operating margin93.7%Net margin−4.6%Free cash flow margin104.2%Fiscal year 2020Operating margin27.8%Net margin2.1%Free cash flow margin35.1%Fiscal year 2021Operating margin20.8%Net margin4.0%Free cash flow margin42.8%Fiscal year 2022Operating margin123.5%Net margin48.9%Free cash flow margin56.7%Fiscal year 2023Operating margin20.0%Net margin6.0%Free cash flow margin37.3%Fiscal year 2024Operating margin14.3%Net margin6.4%Free cash flow margin35.2%Fiscal year 2025Operating margin11.2%Net margin11.8%Free cash flow margin25.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 21.4% 28.0% 141.6% 93.7% 27.8% 20.8% 123.5% 20.0% 14.3% 11.2%
Net margin 0.2% −1.6% 19.6% −4.6% 2.1% 4.0% 48.9% 6.0% 6.4% 11.8%
Free cash flow margin 53.8% 32.4% 169.4% 104.2% 35.1% 42.8% 56.7% 37.3% 35.2% 25.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.58Capital expenditure−0.02Free cash flow0.56Dividends paid−0.17Fiscal year 2017Operating cash flow0.52Capital expenditure−0.19Free cash flow0.33 −41.3%Dividends paid−0.20Fiscal year 2018Operating cash flow0.50Capital expenditure−0.08Free cash flow0.42 +26.9%Dividends paid−0.24Fiscal year 2019Operating cash flow0.48Capital expenditure−0.23Free cash flow0.25 −40.0%Fiscal year 2020Operating cash flow0.55Capital expenditure−0.12Free cash flow0.42 +69.1%Fiscal year 2021Operating cash flow0.70Capital expenditure−0.15Free cash flow0.55 +30.6%Fiscal year 2022Operating cash flow0.79Capital expenditure−0.11Free cash flow0.68 +22.7%Fiscal year 2023Operating cash flow0.70Capital expenditure−0.21Free cash flow0.49 −27.4%Fiscal year 2024Operating cash flow0.77Capital expenditure−0.29Free cash flow0.48 −1.4%Fiscal year 2025Operating cash flow0.69Capital expenditure−0.32Free cash flow0.37 −23.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.58 0.52 0.50 0.48 0.55 0.70 0.79 0.70 0.77 0.69
Capital expenditure −0.02 −0.19 −0.08 −0.23 −0.12 −0.15 −0.11 −0.21 −0.29 −0.32
Free cash flow 0.56 0.33 0.42 0.25 0.42 0.55 0.68 0.49 0.48 0.37
Growth −41.3% +26.9% −40.0% +69.1% +30.6% +22.7% −27.4% −1.4% −23.6%
Dividends paid −0.17 −0.20 −0.24 n/a n/a n/a n/a n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.32Total debt5.73Net cash (debt)−5.40Shareholders’ equity2.62Debt to equity2.18Fiscal year 2017Cash0.15Total debt5.66Net cash (debt)−5.51Shareholders’ equity2.16Debt to equity2.62Fiscal year 2018Cash0.41Total debt5.98Net cash (debt)−5.58Shareholders’ equity2.22Debt to equity2.69Fiscal year 2019Cash0.16Total debt6.78Net cash (debt)−6.63Shareholders’ equity2.26Debt to equity3.00Fiscal year 2020Cash0.27Total debt6.97Net cash (debt)−6.70Shareholders’ equity2.72Debt to equity2.57Fiscal year 2021Cash0.18Total debt7.71Net cash (debt)−7.53Shareholders’ equity3.30Debt to equity2.34Fiscal year 2022Cash0.66Total debt6.81Net cash (debt)−6.16Shareholders’ equity4.03Debt to equity1.69Fiscal year 2023Cash0.54Total debt8.04Net cash (debt)−7.50Shareholders’ equity4.99Debt to equity1.61Fiscal year 2024Cash0.33Total debt7.18Net cash (debt)−6.85Shareholders’ equity5.56Debt to equity1.29Fiscal year 2025Cash0.23Total debt8.61Net cash (debt)−8.38Shareholders’ equity5.81Debt to equity1.48
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.32 0.15 0.41 0.16 0.27 0.18 0.66 0.54 0.33 0.23
Total debt 5.73 5.66 5.98 6.78 6.97 7.71 6.81 8.04 7.18 8.61
Net cash (debt) −5.40 −5.51 −5.58 −6.63 −6.70 −7.53 −6.16 −7.50 −6.85 −8.38
Shareholders’ equity 2.62 2.16 2.22 2.26 2.72 3.30 4.03 4.99 5.56 5.81
Debt to equity 2.18 2.62 2.69 3.00 2.57 2.34 1.69 1.61 1.29 1.48

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
0.58 0.52 0.50 0.48 0.55 0.70 0.79 0.70 0.77 0.69
Growth −10.4% −3.7% −4.2% +14.3% +28.6% +12.3% −10.8% +9.7% −10.6%
0.30 0.33 0.34 0.40 0.43 0.51 0.51 0.53 0.63 0.68
Investment
−0.02 −0.19 −0.08 −0.23 −0.12 −0.15 −0.11 −0.21 −0.29 −0.32
calc 0.56 0.33 0.42 0.25 0.42 0.55 0.68 0.49 0.48 0.37
Growth −41.3% +26.9% −40.0% +69.1% +30.6% +22.7% −27.4% −1.4% −23.6%
calc n/a n/a n/a n/a 12.03 15.71 19.29 14.00 13.80 10.54
−0.13 −0.44 −0.19 −0.47 −0.06 −0.87 1.07 −0.52 −0.73 −0.80
Financing
−0.20 −0.26 −0.05 −0.18 −0.44 0.37 −1.51 −0.12 −0.36 0.20
−0.17 −0.20 −0.24 n/a n/a n/a n/a n/a n/a n/a

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.