YOLFTbeta
Clearway Energy Inc Class C

Clearway Energy Inc Class C

CWEN · NYSE · Utilities / Utilities - Renewable

33.42USD+0.04 (+0.12%)

Price History

Full chart

Market Stats

Previous Close33.38
Open33.65
Day Range33.34 – 34.02
52-Week Range26.58 – 41.12
Volume845.18K
Market Cap7.34B
P/E (TTM)34.62
Forward P/E39.37
EPS0.86
Dividend Yield6.36%
Beta0.88
50-Day Avg32.17
200-Day Avg35.92

About

Clearway Energy, Inc. operates in the clean energy generation assets business in the United States. It operates through Flexible Generation and Renewables & Storage segments. The company's portfolio comprises approximately 12.9 GW of gross capacity in 27 states, including approximately 10.1 GW of wind, solar, and battery energy storage systems; and approximately 2.8 GW of dispatchable combustion-based power generation assets included in the Flexible Generation segment that provide critical grid reliability services. The company was formerly known as NRG Yield, Inc. and changed its name to Clearway Energy, Inc. in August 2018. Clearway Energy, Inc. was incorporated in 2012 and is based in Princeton, New Jersey. Clearway Energy, Inc. is a subsidiary of Clearway Energy Group LLC.

Company Details

  • SectorUtilities
  • IndustryUtilities - Renewable
  • CEOMr. Craig Cornelius
  • Employees60
  • Headquarters300 Carnegie Center, Princeton, NJ, United States, 08540-6213, USA
  • Websitehttps://investor.clearwayenergy.com

Leadership

  • Mr. Craig CorneliusCEO, President & Director · b. 1980
  • Ms. Sarah RubensteinExecutive VP & CFO · b. 1978
  • Mr. Michael Jay StanfordVice President of Accounting · b. 1964
  • Mr. Michael A. BrownSenior VP, General Counsel & Corporate Secretary
  • Julie BabcockSenior Environmental Manager
  • Ms. Aarty JoshiDirector of Environmental Permitting

Financials

Income Statement

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue143.00M164.00M175.00M313.00M689.00M953.00M1.02B1.01B1.05B1.03B1.20B1.29B1.19B1.31B1.37B1.43B
Growth (%)-+14.69%+6.71%+78.86%+120.13%+38.32%+7.14%-1.18%+4.36%-1.99%+16.18%+7.26%-7.47%+10.42%+4.34%+4.23%
Cost of Revenue97.00M103.00M106.00M127.00M239.00M321.00M306.00M326.00M332.00M337.00M366.00M451.00M435.00M473.00M501.00M1.21B
Gross Profit46.00M61.00M69.00M186.00M450.00M632.00M715.00M683.00M721.00M695.00M833.00M835.00M755.00M841.00M870.00M217.00M
Gross Margin32.17%37.20%39.43%59.42%65.31%66.32%70.03%67.69%68.47%67.34%69.47%64.93%63.45%64.00%63.46%15.19%
Operating Expense26.00M33.00M38.00M58.00M178.00M312.00M497.00M400.00M374.00M471.00M500.00M568.00M-715.00M578.00M674.00M41.00M
Operating Income20.00M28.00M31.00M128.00M272.00M320.00M218.00M283.00M347.00M224.00M333.00M267.00M1.47B263.00M196.00M176.00M
Operating Margin13.99%17.07%17.71%40.89%39.48%33.58%21.35%28.05%32.95%21.71%27.77%20.76%123.53%20.02%14.30%12.32%
EBITDA40.00M67.00M79.00M203.00M499.00M723.00M679.00M755.00M824.00M772.00M879.00M904.00M2.20B1.03B1.08B1.10B
EBITDA Margin27.97%40.85%45.14%64.86%72.42%75.87%66.50%74.83%78.25%74.81%73.31%70.30%184.71%78.54%78.99%76.77%
Net Income7.00M15.00M13.00M13.00M16.00M33.00M57.00M-16.00M48.00M-11.00M25.00M51.00M582.00M79.00M88.00M169.00M
Net Income Margin4.90%9.15%7.43%4.15%2.32%3.46%5.58%-1.59%4.56%-1.07%2.09%3.97%48.91%6.01%6.42%11.83%
R&D---003.00M3.00M3.00M3.00M5.00M5.00M6.00M2.00M00-
R&D as % of Total Revenue---0.00%0.00%0.31%0.29%0.30%0.28%0.48%0.42%0.47%0.17%0.00%0.00%-
Interest Expense13.00M19.00M28.00M35.00M216.00M267.00M284.00M306.00M306.00M404.00M415.00M312.00M232.00M337.00M307.00M387.00M
Interest Expense % of Total Revenue9.09%11.59%16.00%11.18%31.35%28.02%27.82%30.33%29.06%39.15%34.61%24.26%19.50%25.65%22.39%27.08%

Balance Sheet

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-874.00M1.89B2.31B6.96B8.69B8.38B8.28B8.50B9.93B10.59B12.81B12.31B14.70B14.33B16.66B
Total Liabilities-100.00M357.00M1.30B5.08B5.95B6.01B6.14B6.28B7.66B7.88B9.51B8.28B9.71B8.77B10.74B
Total Equity-387.00M767.00M629.00M1.23B1.84B1.85B1.75B1.82B1.85B1.82B1.83B2.23B2.10B2.06B1.92B
Cash-24.00M22.00M36.00M406.00M111.00M317.00M148.00M407.00M417.00M268.00M179.00M657.00M535.00M332.00M818.00M
Total Debt-345.00M807.00M1.13B4.79B5.59B5.71B5.84B5.98B7.01B7.31B8.27B7.36B8.66B7.75B10.20B
Net Debt-321.00M785.00M1.10B4.38B5.48B5.39B5.69B5.58B6.60B7.05B8.09B6.70B8.13B7.42B9.38B

Cash Flow

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow36.00M33.00M58.00M141.00M293.00M405.00M560.00M516.00M498.00M477.00M545.00M701.00M787.00M702.00M770.00M688.00M
Investing Cash Flow-160.00M-219.00M-405.00M-388.00M-1.06B-1.11B-161.00M-283.00M-185.00M-468.00M-62.00M-865.00M1.06B-523.00M-725.00M321.00M
Financing Cash Flow136.00M180.00M345.00M261.00M1.11B385.00M-193.00M-257.00M-46.00M-175.00M-435.00M367.00M-1.51B-124.00M-363.00M-924.00M
Capital Expenditure25.00M132.00M380.00M238.00M33.00M29.00M20.00M31.00M83.00M228.00M124.00M151.00M112.00M294.00M287.00M319.00M
Free Cash Flow11.00M-99.00M-322.00M-97.00M260.00M376.00M540.00M485.00M415.00M249.00M421.00M550.00M675.00M408.00M483.00M369.00M
Dividends Paid46.00M18.00M72.00M722.00M187.00M139.00M183.00M108.00M130.00M155.00M211.00M268.00M353.00M311.00M334.00M358.00M
FCF to OCF30.56%-300.00%-555.17%-68.79%88.74%92.84%96.43%93.99%83.33%52.20%77.25%78.46%85.77%58.12%62.73%53.63%
Dividend Paid to FCF418.18%-18.18%-22.36%-744.33%71.92%36.97%33.89%22.27%31.33%62.25%50.12%48.73%52.30%76.23%69.15%97.02%

Earnings

Report DateMay 8, 2015Aug 4, 2015Nov 4, 2015Feb 29, 2016May 5, 2016Aug 9, 2016Nov 4, 2016Feb 28, 2017May 2, 2017Aug 3, 2017Nov 2, 2017Mar 1, 2018May 3, 2018Aug 2, 2018Nov 6, 2018Feb 28, 2019May 7, 2019Aug 6, 2019Nov 6, 2019Feb 27, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Mar 1, 2021May 6, 2021Aug 3, 2021Nov 4, 2021Feb 28, 2022May 5, 2022Aug 2, 2022Nov 2, 2022Feb 23, 2023May 4, 2023Aug 8, 2023Nov 2, 2023Feb 22, 2024May 9, 2024Aug 1, 2024Oct 30, 2024Feb 20, 2025May 8, 2025Aug 5, 2025Nov 4, 2025Feb 23, 2026May 8, 2026Aug 5, 2026Nov 3, 2026
EPS Estimate-0.090.280.280.190.360.310.290.200.280.370.380.260.010.260.29-0.48-0.040.480.710.56-0.260.710.73-0.20-0.210.420.98-0.07-0.123.180.130.10-0.040.640.580.25-0.290.660.500.33-0.380.820.360.44-0.390.240.34
EPS Actual-0.150.260.200.150.280.330.321.68-0.030.250.310.610.160.650.35-0.47-0.11-0.220.36-0.06-0.260.410.27-0.200.030.300.18-0.07-0.284.890.280.100.570.330.030.31-0.020.430.310.030.030.282.00-0.65-1.431.00-
Surprise-66.67%-7.14%-28.57%-21.05%-22.22%6.45%10.34%740.00%-110.71%-32.43%-18.42%134.62%1500.00%150.00%20.69%2.31%-175.00%-145.83%-49.30%-110.71%0.00%-42.25%-63.01%0.00%114.29%-28.57%-81.63%0.00%-133.33%53.77%115.38%0.00%1533.00%-48.44%-94.83%24.00%93.10%-34.85%-38.00%-90.91%107.89%-65.85%455.56%-247.73%-270.08%316.67%-
TimingPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hours-After-hours-

Key Statistics & Ratios

Market Cap7.34B
Enterprise Value15.93B
Trailing P/E34.62
Forward P/E39.37
PEG Ratio3.41
Price / Sales4.66
Price / Book3.40
EPS0.86
Book Value15.28
Revenue (TTM)1.57B
Gross Profit (TTM)1.01B
EBITDA1.17B
Profit Margin6.42%
Operating Margin25.16%
Return on Equity-3.17%
Return on Assets0.98%
Shares Outstanding121.17M
Shares Float120.51M
Beta0.88
Dividend Yield6.36%
Dividend Rate1.86
Payout Ratio2.01%

Analyst Ratings

Strong Buy
Based on 5 analystsTarget 41.85
  • Strong Buy
    3
  • Buy
    2

Ownership Breakdown

Institutions
89.26%
Insiders
0.66%
Retail / Other
10.08%

Top Institutional Holders

  • BlackRock Inc
    13.92M11.49%
  • Vanguard Portfolio Management, LLC
    5.26M4.34%
  • ClearBridge Advisors, LLC
    5.20M4.29%
  • Neuberger Berman Group LLC
    4.46M3.68%
  • Vanguard Capital Management, LLC
    3.54M2.92%
  • Morgan Stanley - Brokerage Accounts
    3.05M2.52%
  • State Street Corp
    2.74M2.26%
  • Bank of New York Mellon Corp
    2.51M2.07%
  • Amvescap Plc.
    2.47M2.04%
  • Legal & General Group PLC
    1.93M1.60%
  • Dimensional Fund Advisors, Inc.
    1.65M1.36%
  • Geode Capital Management, LLC
    1.58M1.31%
  • Franklin Templeton Inc
    1.55M1.28%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    7.39M6.10%
  • Vanguard MStar Total Stk Mkt Idx Invest
    3.86M3.19%
  • Schwab US Dividend Equity ETF™
    3.30M2.73%
  • Vanguard Small Cap Index
    2.79M2.30%
  • iShares Global Clean Engy Trns ETF $Dist
    2.16M1.78%
  • FTF ClearBridge Global Infras Inc EBAcc
    2.00M1.65%
  • Vanguard MStar Small Cap Value Index
    1.77M1.46%

Dividends

20263×
0.47Sep 1, 20260.47Jun 1, 20260.46Mar 2, 2026
20254×
0.45Dec 1, 20250.45Sep 2, 20250.44Jun 2, 20250.43Mar 3, 2025
20244×
0.42Dec 2, 20240.42Sep 3, 20240.41Jun 3, 20240.40Feb 29, 2024
20234×
0.40Nov 30, 20230.39Aug 31, 20230.38May 31, 20230.38Feb 28, 2023
20224×
0.37Nov 30, 20220.36Aug 31, 20220.35May 31, 20220.35Feb 28, 2022
20214×
0.34Nov 30, 20210.34Aug 31, 20210.33May 28, 20210.32Feb 26, 2021
20201×
0.32Nov 30, 2020