Is the business good?
How good a business is CWEN?
Clearway Energy, Inc. earns 0.99% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
0.99%
Return on invested capital · cost of capital 9.0% · 8.0 points below what the capital costs: growth destroys value
- Operating margin
- 12%
Operating margin · Utilities median 21% · 12 months to Q1 2026
- Gross margin
- 64%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | 28% |
| FY2021 | 21% |
| FY2022 | 124% |
| FY2023 | 20% |
| FY2024 | 14% |
| FY2025 | 11% |
Details›
- Gross margin12 months to Q1 2026
- 64%
- Operating margin12 months to Q1 2026
- 12%
- Net margin12 months to Q1 2026
- 0.61%
- Free cash flow margin
- 44%
- Revenue, trailing twelve months
- $1.49B
- Free cash flow, trailing twelve months
- $656M
- Net income, trailing twelve months
- $9.0M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 0.99%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Utilities - Renewable
Ranks #2 of 5 by Smart Score