Symbols / CWEN Stock $39.58 -0.30% Clearway Energy, Inc.

Utilities • Utilities - Renewable • United States • NYQ
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Stock Fundamentals
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Index EQUITY
Sector Utilities
Industry Utilities - Renewable
CEO Mr. Craig Cornelius
Exch · Country NYQ · United States
Market Cap 4.79B
Enterprise Value 17.97B
Income 169.00M
Sales 1.43B
FCF (ttm) 207.88M
Book/sh 16.11
Cash/sh 2.07
Employees
Insider 10d
IPO May 15, 2015
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 123.64%
P/E 27.68
Forward P/E 23.99
PEG 3.67
P/S 3.35
P/B 2.46
P/C
EV/EBITDA 17.20
EV/Sales 12.57
Quick Ratio 0.41
Current Ratio 1.13
Debt/Eq 159.67
LT Debt/Eq
EPS (ttm) 1.43
EPS next Y 1.65
EPS Growth
Revenue Growth 21.10%
EPS Gr Q/Q
Rev Gr Q/Q
Earnings (next) 2026-05-07
Earnings (prior) 2026-02-23
ROA 0.80%
ROE -4.03%
ROIC
Gross Margin 62.91%
Oper. Margin -2.26%
Profit Margin 11.83%
Shs Outstand 86.29M
Shs Float 119.84M
Insider Own 0.82%
Instit Own 92.92%
Short Float 9.82%
Short Ratio 7.92
Short Interest 6.25M
52W High 41.51
vs 52W High -4.65%
52W Low 27.67
vs 52W Low 43.04%
Beta 0.92
Impl. Vol. 41.16%
Rel Volume 0.46
Avg Volume 894.98K
Volume 408.62K
Target (mean) $47.33
Tgt Median $45.00
Tgt Low $41.00
Tgt High $56.00
# Analysts 3
Recom Strong_buy
Prev Close $39.70
Price $39.58
Change -0.30%
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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$39.58
Low
$41.00
High
$56.00
Mean
$47.33

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-05 main Evercore ISI Group In-Line → In-Line $39
2026-02-24 reit Roth Capital Buy → Buy $45
2026-02-24 main RBC Capital Outperform → Outperform $42
2025-12-17 up CIBC Neutral → Outperformer $38
2025-12-02 main Morgan Stanley Overweight → Overweight $50
2025-11-24 main Roth Capital Buy → Buy $40
2025-11-05 reit Roth Capital Buy → Buy $39
2025-10-21 main CIBC Neutral → Neutral $37
2025-10-08 init RBC Capital — → Outperform $36
2025-10-07 init Evercore ISI Group — → In-Line $34
2025-07-23 main Jefferies Buy → Buy $39
2025-07-21 down CIBC Outperformer → Neutral $35
2025-03-25 init Deutsche Bank — → Buy $38
2025-02-25 main Jefferies Buy → Buy $37
2025-02-25 reit Roth MKM Buy → Buy $34
2024-10-22 main CIBC Outperformer → Outperformer $34
2024-10-01 init Exane BNP Paribas — → Outperform $36
2024-09-20 init Jefferies — → Buy $35
2024-08-02 reit Roth MKM Buy → Buy $32
2024-07-31 up Morgan Stanley Equal-Weight → Overweight $36
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-15 MALCARNEY KEVIN P General Counsel 4,635 $0.00 $0
2026-04-15 MALCARNEY KEVIN P General Counsel 7,086
2026-04-15 RUBENSTEIN SARAH Chief Financial Officer 4,643 $0.00 $0
2026-04-15 RUBENSTEIN SARAH Chief Financial Officer 6,629
2026-04-15 CORNELIUS CRAIG Chief Executive Officer 31,040 $0.00 $0
2026-03-31 TOTALENERGIES SE Beneficial Owner of more than 10% of a Class of Security 215,000
2026-03-31 BLACKROCK PORTFOLIO MANAGEMENT LLC Beneficial Owner of more than 10% of a Class of Security 215,000
2026-03-02 O'NEAL E. STANLEY Director 867 $0.00 $0
2026-03-02 FORD BRIAN R Director 1,064 $0.00 $0
2026-03-02 MORE DANIEL B Director 780 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1,429.00
+4.23%
1,371.00
+4.34%
1,314.00
+10.42%
1,190.00
Operating Revenue
1,353.00
+5.62%
1,281.00
+5.43%
1,215.00
+9.66%
1,108.00
Cost Of Revenue
530.00
+5.79%
501.00
+5.92%
473.00
+8.74%
435.00
Reconciled Cost Of Revenue
343.00
+7.52%
319.00
+10.76%
288.00
+9.51%
263.00
Gross Profit
899.00
+3.33%
870.00
+3.45%
841.00
+11.39%
755.00
Operating Expense
723.00
+8.56%
666.00
+18.51%
562.00
+1.44%
554.00
Research And Development
0.00
0.00
-100.00%
2.00
Selling General And Administration
41.00
+5.13%
39.00
+8.33%
36.00
-10.00%
40.00
General And Administrative Expense
41.00
+5.13%
39.00
+8.33%
36.00
-10.00%
40.00
Other Gand A
41.00
+5.13%
39.00
+8.33%
36.00
-10.00%
40.00
Total Expenses
1,253.00
+7.37%
1,167.00
+12.75%
1,035.00
+4.65%
989.00
Operating Income
176.00
-13.73%
204.00
-26.88%
279.00
+38.81%
201.00
Total Operating Income As Reported
160.00
-18.37%
196.00
-25.48%
263.00
-82.11%
1,470.00
EBITDA
1,081.00
-0.18%
1,083.00
+4.94%
1,032.00
-53.05%
2,198.00
Normalized EBITDA
1,105.00
+0.82%
1,096.00
+3.98%
1,054.00
+13.21%
931.00
Reconciled Depreciation
869.00
+7.42%
809.00
+13.78%
711.00
+3.95%
684.00
EBIT
212.00
-22.63%
274.00
-14.64%
321.00
-78.80%
1,514.00
Total Unusual Items
-24.00
-84.62%
-13.00
+40.91%
-22.00
-101.74%
1,267.00
Total Unusual Items Excluding Goodwill
-24.00
-84.62%
-13.00
+40.91%
-22.00
-101.74%
1,267.00
Special Income Charges
-24.00
-84.62%
-13.00
+40.91%
-22.00
-101.74%
1,267.00
Other Special Charges
8.00
+60.00%
5.00
-16.67%
6.00
+200.00%
2.00
Impairment Of Capital Assets
0.00
0.00
-100.00%
12.00
-25.00%
16.00
Restructuring And Mergern Acquisition
16.00
+100.00%
8.00
+100.00%
4.00
-42.86%
7.00
Write Off
0.00
Net Income
169.00
+92.05%
88.00
+11.39%
79.00
-86.43%
582.00
Pretax Income
-175.00
-430.30%
-33.00
-106.25%
-16.00
-101.25%
1,282.00
Net Non Operating Interest Income Expense
-387.00
-26.06%
-307.00
+8.90%
-337.00
-45.26%
-232.00
Interest Expense Non Operating
387.00
+26.06%
307.00
-8.90%
337.00
+45.26%
232.00
Net Interest Income
-387.00
-26.06%
-307.00
+8.90%
-337.00
-45.26%
-232.00
Interest Expense
387.00
+26.06%
307.00
-8.90%
337.00
+45.26%
232.00
Other Income Expense
36.00
-48.57%
70.00
+66.67%
42.00
-96.80%
1,313.00
Other Non Operating Income Expenses
29.00
-39.58%
48.00
-7.69%
52.00
+205.88%
17.00
Gain On Sale Of Business
0.00
0.00
-100.00%
1,292.00
Tax Provision
56.00
+86.67%
30.00
+1600.00%
-2.00
-100.90%
222.00
Tax Rate For Calcs
0.00
+0.00%
0.00
+68.00%
0.00
-27.75%
0.00
Tax Effect Of Unusual Items
-5.04
-84.62%
-2.73
+0.73%
-2.75
-101.25%
219.19
Net Income Including Noncontrolling Interests
-231.00
-266.67%
-63.00
-350.00%
-14.00
-101.32%
1,060.00
Net Income From Continuing Operation Net Minority Interest
169.00
+92.05%
88.00
+11.39%
79.00
-86.43%
582.00
Net Income From Continuing And Discontinued Operation
169.00
+92.05%
88.00
+11.39%
79.00
-86.43%
582.00
Net Income Continuous Operations
-231.00
-266.67%
-63.00
-350.00%
-14.00
-101.32%
1,060.00
Minority Interests
400.00
+164.90%
151.00
+62.37%
93.00
+119.46%
-478.00
Normalized Income
187.96
+91.27%
98.27
+0.02%
98.25
+121.09%
-465.81
Net Income Common Stockholders
169.00
+92.05%
88.00
+11.39%
79.00
-86.43%
582.00
Diluted EPS
1.43
+91.75%
0.75
+11.31%
0.67
-86.57%
4.99
Basic EPS
1.43
+90.67%
0.75
+11.94%
0.67
-86.57%
4.99
Basic Average Shares
119.00
+0.85%
118.00
+0.85%
117.00
+0.00%
117.00
Diluted Average Shares
119.00
+0.85%
118.00
+0.85%
117.00
+0.00%
117.00
Diluted NI Availto Com Stockholders
169.00
+92.05%
88.00
+11.39%
79.00
-86.43%
582.00
Depreciation Amortization Depletion Income Statement
682.00
+8.77%
627.00
+19.20%
526.00
+2.73%
512.00
Depreciation And Amortization In Income Statement
682.00
+8.77%
627.00
+19.20%
526.00
+2.73%
512.00
Earnings From Equity Interest
31.00
-11.43%
35.00
+191.67%
12.00
-58.62%
29.00
Line Item Trend 2023-12-31
Total Assets
14,701.00
Current Assets
1,560.00
Cash Cash Equivalents And Short Term Investments
535.00
Cash And Cash Equivalents
535.00
Receivables
345.00
Accounts Receivable
171.00
Inventory
55.00
Prepaid Assets
Restricted Cash
516.00
Assets Held For Sale Current
Hedging Assets Current
41.00
Other Current Assets
68.00
Total Non Current Assets
13,141.00
Net PPE
10,123.00
Gross PPE
13,608.00
Accumulated Depreciation
-3,485.00
Construction In Progress
1,220.00
Other Properties
12,388.00
Goodwill And Other Intangible Assets
2,374.00
Other Intangible Assets
2,374.00
Investments And Advances
360.00
Long Term Equity Investment
360.00
Non Current Deferred Assets
Non Current Deferred Taxes Assets
Other Non Current Assets
202.00
Total Liabilities Net Minority Interest
9,707.00
Current Liabilities
906.00
Payables And Accrued Expenses
297.00
Payables
161.00
Accounts Payable
161.00
Current Accrued Expenses
136.00
Current Debt And Capital Lease Obligation
558.00
Current Debt
558.00
Other Current Borrowings
558.00
Other Current Liabilities
51.00
Total Non Current Liabilities Net Minority Interest
8,801.00
Long Term Debt And Capital Lease Obligation
8,106.00
Long Term Debt
7,479.00
Long Term Capital Lease Obligation
627.00
Non Current Deferred Liabilities
127.00
Non Current Deferred Taxes Liabilities
127.00
Other Non Current Liabilities
287.00
Stockholders Equity
2,100.00
Common Stock Equity
2,100.00
Capital Stock
0.00
Common Stock
0.00
Preferred Stock
0.00
Share Issued
117.01
Ordinary Shares Number
117.01
Treasury Shares Number
0.00
Additional Paid In Capital
1,732.00
Retained Earnings
361.00
Gains Losses Not Affecting Retained Earnings
7.00
Minority Interest
2,894.00
Other Equity Adjustments
7.00
Total Equity Gross Minority Interest
4,994.00
Total Capitalization
9,579.00
Working Capital
654.00
Invested Capital
10,137.00
Total Debt
8,664.00
Net Debt
7,502.00
Capital Lease Obligations
627.00
Net Tangible Assets
-274.00
Tangible Book Value
-274.00
Derivative Product Liabilities
281.00
Duefrom Related Parties Current
Financial Assets
82.00
Interest Payable
57.00
Investmentsin Associatesat Cost
Notes Receivable
174.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
688.00
-10.65%
770.00
+9.69%
702.00
-10.80%
787.00
Cash Flow From Continuing Operating Activities
688.00
-10.65%
770.00
+9.69%
702.00
-10.80%
787.00
Net Income From Continuing Operations
-231.00
-266.67%
-63.00
-350.00%
-14.00
-101.32%
1,060.00
Depreciation Amortization Depletion
869.00
+7.42%
809.00
+13.78%
711.00
+3.95%
684.00
Depreciation
682.00
+8.77%
627.00
+19.20%
526.00
+2.73%
512.00
Amortization Cash Flow
187.00
+2.75%
182.00
-1.62%
185.00
+7.56%
172.00
Depreciation And Amortization
869.00
+7.42%
809.00
+13.78%
711.00
+3.95%
684.00
Amortization Of Intangibles
187.00
+2.75%
182.00
-1.62%
185.00
+7.56%
172.00
Other Non Cash Items
15.00
+7.14%
14.00
+7.69%
13.00
-7.14%
14.00
Asset Impairment Charge
16.00
+6.67%
15.00
-44.44%
27.00
-10.00%
30.00
Deferred Tax
13.00
-93.30%
194.00
Deferred Income Tax
13.00
-93.30%
194.00
Operating Gains Losses
-36.00
-111.76%
-17.00
-112.50%
-8.00
+99.39%
-1,319.00
Gain Loss On Investment Securities
-13.00
-200.00%
13.00
+750.00%
-2.00
-102.90%
69.00
Change In Working Capital
23.00
+204.55%
-22.00
+61.40%
-57.00
-120.28%
281.00
Change In Other Working Capital
23.00
+204.55%
-22.00
+61.40%
-57.00
-120.28%
281.00
Change In Other Current Liabilities
-32.00
-420.00%
10.00
Investing Cash Flow
-803.00
-10.76%
-725.00
-38.62%
-523.00
-149.11%
1,065.00
Cash Flow From Continuing Investing Activities
-803.00
-10.76%
-725.00
-38.62%
-523.00
-149.11%
1,065.00
Net PPE Purchase And Sale
-27.00
0.00
+100.00%
-82.00
0.00
Purchase Of PPE
-27.00
0.00
+100.00%
-82.00
0.00
Capital Expenditure
-346.00
-20.56%
-287.00
+2.38%
-294.00
-162.50%
-112.00
Capital Expenditure Reported
-319.00
-11.15%
-287.00
-35.38%
-212.00
-89.29%
-112.00
Net Business Purchase And Sale
-309.00
-853.66%
41.00
+392.86%
-14.00
-101.12%
1,247.00
Purchase Of Business
-324.00
0.00
+100.00%
-28.00
+87.44%
-223.00
Gain Loss On Sale Of Business
0.00
0.00
+100.00%
-1,292.00
Net Other Investing Changes
-148.00
+69.10%
-479.00
-122.79%
-215.00
-207.14%
-70.00
Financing Cash Flow
200.00
+155.10%
-363.00
-192.74%
-124.00
+91.79%
-1,510.00
Cash Flow From Continuing Financing Activities
200.00
+155.10%
-363.00
-192.74%
-124.00
+91.79%
-1,510.00
Net Issuance Payments Of Debt
-582.00
+61.20%
-1,500.00
-90.84%
-786.00
+34.45%
-1,199.00
Issuance Of Debt
1,219.00
+161.59%
466.00
-17.23%
563.00
+73.77%
324.00
Repayment Of Debt
-1,801.00
+8.39%
-1,966.00
-45.74%
-1,349.00
+11.42%
-1,523.00
Long Term Debt Issuance
1,219.00
+161.59%
466.00
-17.23%
563.00
+73.77%
324.00
Long Term Debt Payments
-1,801.00
+8.39%
-1,966.00
-45.74%
-1,349.00
+11.42%
-1,523.00
Net Long Term Debt Issuance
-582.00
+61.20%
-1,500.00
-90.84%
-786.00
+34.45%
-1,199.00
Short Term Debt Issuance
0.00
-100.00%
80.00
Short Term Debt Payments
0.00
+100.00%
-325.00
Net Short Term Debt Issuance
0.00
+100.00%
-245.00
Net Common Stock Issuance
48.00
0.00
0.00
0.00
Common Stock Dividend Paid
-358.00
-7.19%
-334.00
-7.40%
-311.00
-7.61%
-289.00
Cash Dividends Paid
-358.00
-7.19%
-334.00
-7.40%
-311.00
-7.61%
-289.00
Net Other Financing Charges
1,092.00
-25.76%
1,471.00
+51.18%
973.00
+4522.73%
-22.00
Changes In Cash
85.00
+126.73%
-318.00
-678.18%
55.00
-83.92%
342.00
Beginning Cash Position
733.00
-30.26%
1,051.00
+5.52%
996.00
+52.29%
654.00
End Cash Position
818.00
+11.60%
733.00
-30.26%
1,051.00
+5.52%
996.00
Free Cash Flow
342.00
-29.19%
483.00
+18.38%
408.00
-39.56%
675.00
Interest Paid Supplemental Data
348.00
+7.41%
324.00
+6.58%
304.00
-4.10%
317.00
Income Tax Paid Supplemental Data
1.00
+0.00%
1.00
-96.77%
31.00
+244.44%
9.00
Common Stock Issuance
48.00
0.00
0.00
0.00
Dividend Received CFO
32.00
-5.88%
34.00
+13.33%
30.00
-18.92%
37.00
Earnings Losses From Equity Investments
-31.00
+11.43%
-35.00
-191.67%
-12.00
+58.62%
-29.00
Issuance Of Capital Stock
48.00
0.00
0.00
0.00
Other Cash Adjustment Inside Changein Cash
0.00
0.00
Sale Of Business
15.00
-63.41%
41.00
+192.86%
14.00
-99.05%
1,470.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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