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MARKETS / NYSE / CWEN
NYSE · ELECTRIC SERVICES · LARGE CAP

Clearway Energy, Inc. CWEN

15 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.4B
▲ 4.2% YoY
$169.0M
▲ 92.0% YoY
$369.0M
▼ 23.6% YoY
In brief

What this company does

The Company sells its electricity and environmental attributes, including renewable energy certificates, primarily to customers located across 27 states under contractual arrangements. Its customer base includes 38 local utilities and 26 commercial and industrial customers served through its utility-scale generation fleet, as well as thousands of additional customers served from its distributed solar fleet. Its facilities are organized across two segments, Renewables & Storage and Flexible Generation; the Renewables & Storage facilities have no fuel costs, while the Company's merchant assets in the Flexible Generation segment must procure their own fuel. The weighted average remaining contract duration of the Renewables & Storage segment's offtake agreements was approximately 12 years as of December 31, 2025, based on cash available for distribution. The Flexible Generation segment's assets located in California consist of gas generation facilities that support electric system reliability. The Company was formed as a Delaware corporation on December 20, 2012.

Written from the business description in Clearway Energy, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.

Growth
USD 1.4B
Revenue, FY2025 · full 15-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.4 · Net income 0.2
0.5B1.0B20112013201520172019202120232025
Compound annual growth
+6.3%
+3.6%
+4.0%
−33.8%
+46.6%
+19.5%
+2.4%
−40.6%
+19.6%
+73.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +3.6% a year over five years — but profit grew faster: net income at +46.6%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−16 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 11.2% · Net -16.2%
50%100%-5%-10%-15%20112013201520172019202120232025
ROE

Not available in our data for this period.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 369.0
250.0M500.0M-200.0M-400.0M20112013201520172019202120232025
Net buybacks $M Dividends $M
FY2018 · Dividends 238.0 · Net buybacks —
80M160M20112012201320142015201620172018

Total assetsUSD 16.7B
CashUSD 231.0M
Gross debtUSD 8.6B
Net debtUSD 8.4B
Current ratio1.13×

Not available: we don't have the shareholders' equity figure for this period.

The 15-year record
15 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011
Revenue $B1.41.41.31.21.31.21.01.11.01.01.00.80.40.20.2
Operating income $B0.20.20.31.50.30.30.20.30.30.20.30.30.20.00.0
EBITDA $B0.80.80.82.00.80.80.60.70.60.50.60.50.20.10.1
Income tax $B0.10.0−0.00.20.00.0−0.00.10.1−0.00.00.00.00.00.0
Net income $B0.20.10.10.60.10.0−0.00.0−0.00.00.10.10.10.00.0
Free cash flow $B0.40.50.50.70.60.40.20.40.30.60.40.3−0.2−0.5−0.1
EPS, diluted $·0.750.674.990.440.22−0.100.46···0.590.57··
Dividend / sh $········0.300.26·1.420.23··
Payout %·······496−1262······
ROE %···············
Shares out B0.200.200.200.200.200.200.200.19·······

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 5 failures in 50 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 30 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente5 failures
ActivityElectric Services
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2011

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