CWEN
Clearway Energy, Inc.
CWEN lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to fall sharply, though they disagree widely on how much.
CWEN Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Strong | |
| Weak |
CWEN's revenue and cash flow are currently healthy, but its profitability and balance sheet are under pressure.
CWEN PE Valuation
CWEN has no meaningful PE right now: it lost money over the past year.
CWEN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong decline | |
| Growth | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect CWEN's revenue to grow, but its earnings and profitability to decline. However, they disagree widely on these estimates.
CWEN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.29 | — |
| Q3 2026 | -$0.70 | -130% |
| Q2 2026 | $0.88 | +35% |
| Q1 2026 | $0.16 | -80% |
| Q4 2025 | $1.54 | +105% |
| Q3 2025 | $2.34 | +127% |
| Q2 2025 | $0.65 | -13% |
| Q1 2025 | $0.80 | +23% |
| Q4 2024 | $0.75 | +12% |
CWEN has swung to a loss: it lost $0.70 per share over the past year, after a profit the year before.
CWEN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $522M | +22% |
| Q2 2026 | $481M | +23% |
| Q1 2026 | $354M | +19% |
| Q4 2025 | $310M | +21% |
| Q3 2025 | $429M | -12% |
| Q2 2025 | $392M | +7.1% |
| Q1 2025 | $298M | +13% |
| Q4 2024 | $256M | +2.8% |
CWEN's revenue has grown year over year for four quarters in a row: $522M last quarter, up 22% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 26% | -0.3 points |
| Q2 2026 | 24% | +2.4 points |
| Q1 2026 | 5.7% | +5.7 points |
| Q4 2025 | -12% | +2.5 points |
| Q3 2025 | 26% | -11 points |
| Q2 2025 | 22% | -1.3 points |
| Q1 2025 | 0% | +11 points |
| Q4 2024 | -14% | -5.6 points |
CWEN's operating margin was 26% last quarter, about level with the same quarter a year ago.
CWEN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $76M | -47% |
| Q2 2026 | $130M | +13% |
| Q1 2026 | $326M | +736% |
| Q4 2025 | $71M | -50% |
| Q3 2025 | $144M | -46% |
| Q2 2025 | $115M | +25% |
| Q1 2025 | $39M | +$56M |
| Q4 2024 | $142M | +3.6% |
CWEN generated $603M in free cash flow over the past year, up 37% from the year before.
CWEN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +6.9K shares |
| 1 year | +1.5% | +3.1M shares |
| 3 years | +1.7% | +3.4M shares |
| 5 years | +1.9% | +3.8M shares |
CWEN has 205M diluted shares, up 1.5% from a year ago.
CWEN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 9.2x | High |
| Q2 2026 | 9.3x | High |
| Q1 2026 | 10.0x | High |
| Q4 2025 | 9.6x | High |
| Q3 2025 | 10.0x | High |
| Q2 2025 | 9.7x | High |
| Q1 2025 | 8.5x | High |
| Q4 2024 | 8.0x | High |
CWEN's net debt is about 9.2 years of its operating earnings (EBITDA), down from 10 years a year ago.
CWEN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.1 | Neutral |
| Stochastic | 64.8 | Neutral |
CWEN's weekly RSI is 51 (neutral) and its Stochastic is 65 (neutral).
CWEN PE vs Utilities Sector
| Metric | CWEN | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 20x | 90% above |
| PE % | 47 | 44 | 3 pts above |
CWEN has no meaningful PE right now: it lost money over the past year.
CWEN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $31.2 | 6.9% above |
| 20 week MA | $31.9 | 4.6% above |
| 50 week MA | $35.2 | 5.2% below |
| 100 week MA | $32.5 | 2.6% above |
| 200 week MA | $29.7 | 13% above |
CWEN's trend is mixed: it's above four of its five weekly moving averages, and 13% above its 200-week average.
CWEN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $20.0 | $32.7 | +63% |
| 2021 | $32.7 | $35.8 | +9.6% |
| 2022 | $35.8 | $32.0 | -11% |
| 2023 | $32.0 | $27.4 | -14% |
| 2024 | $27.4 | $26.1 | -4.7% |
| 2025 | $26.1 | $33.2 | +27% |
| 2026 YTD | $33.2 | $33.4 | +0.6% |
CWEN has finished lower in three of the last six years. It's up 0.6% so far in 2026.