(CWEN) Clearway Energy C - Overview
Sector: Utilities | Industry: Utilities - Renewable | Exchange: NYSE (USA) | Market Cap: 8.728m USD | Total Return: 24.4% in 12m
Industry Rotation: -6.9
Avg Turnover: 40.2M
EPS Trend: -49.8%
Qual. Beats: -1
Rev. Trend: 15.6%
Qual. Beats: 0
Warnings
P/E ratio 363.5
High Debt/EBITDA (8.5) with thin interest coverage (0.6)
Interest Coverage Ratio 0.6 is critical
Altman Z'' 0.14 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
No distinct edge detected
Clearway Energy, Inc. (CWEN) is a Princeton-based utility company focused on clean energy generation and grid reliability in the United States. Its 12.9 GW portfolio is divided between the Renewables & Storage segment, featuring wind and solar assets, and the Flexible Generation segment, which utilizes dispatchable combustion-based power to support grid stability.
The company operates under a YieldCo business model, which typically involves holding long-term contracted operating assets to generate predictable cash flows for shareholders. In the Independent Power Producers sector, these structures are often used to separate stable power-generation assets from the more volatile project development phase.
Investors can evaluate the long-term sustainability of these distributions by reviewing the detailed financial metrics available on ValueRay.
Formerly known as NRG Yield, Inc., Clearway Energy maintains operations across 27 states and functions as a subsidiary of Clearway Energy Group LLC. Its diversified asset base includes 10.1 GW of renewable capacity and battery storage alongside 2.8 GW of flexible generation assets.
- Expansion of renewable generation capacity drives long-term dividend per share growth
- Interest rate fluctuations impact cost of capital for capital-intensive project financing
- Long-term power purchase agreements provide stable cash flow for dividend distributions
- Grid reliability demand increases revenue for dispatchable combustion-based generation assets
- Federal tax credit extensions incentivize further wind and solar asset development
| Net Income: 2.00m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -0.22 > 1.0 |
| NWC/Revenue: 6.87% < 20% (prev 25.25%; Δ -18.38% < -1%) |
| CFO/TA 0.06 > 3% & CFO 994.0m > Net Income 2.00m |
| Net Debt (9.62b) to EBITDA (1.13b): 8.52 < 3 |
| Current Ratio: 1.11 > 1.5 & < 3 |
| Outstanding Shares: last quarter (119.0m) vs 12m ago 0.85% < -2% |
| Gross Margin: 51.38% > 18% (prev 0.65%; Δ 5.07k% > 0.5%) |
| Asset Turnover: 9.41% > 50% (prev 9.60%; Δ -0.19% > 0%) |
| Interest Coverage Ratio: 0.62 > 6 (EBITDA TTM 1.13b / Interest Expense TTM 372.0m) |
| A: 0.01 (Total Current Assets 1.06b - Total Current Liabilities 955.0m) / Total Assets 16.93b |
| B: -0.00 (Retained Earnings -6.00m / Total Assets 16.93b) |
| C: 0.01 (EBIT TTM 231.0m / Avg Total Assets 15.79b) |
| D: -0.00 (Book Value of Equity -5.00m / Total Liabilities 11.36b) |
| Altman-Z'' Score: 0.14 = B |
| DSRI: 1.02 (Receivables 198.0m/183.0m, Revenue 1.49b/1.41b) |
| GMI: 1.26 (GM 51.38% / 64.65%) |
| AQI: 1.05 (AQ_t 0.19 / AQ_t-1 0.18) |
| SGI: 1.06 (Revenue 1.49b / 1.41b) |
| TATA: -0.06 (NI 2.00m - CFO 994.0m) / TA 16.93b) |
| Beneish M-Score: -2.76 (Cap -4..+1) = A |
Over the past week, the price has changed by -5.01%, over one month by -7.09%, over three months by -6.80% and over the past year by +24.37%.
- StrongBuy: 3
- Buy: 2
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 43.2 | 19.8% |
P/E Forward = 217.3913
P/S = 5.8771
P/B = 2.6227
P/EG = 3.4097
Revenue TTM = 1.49b USD
EBIT TTM = 231.0m USD
EBITDA TTM = 1.13b USD
Long Term Debt = 8.50b USD (from longTermDebt, last quarter)
Short Term Debt = 612.0m USD (from shortTermDebt, last quarter)
Debt = 9.94b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 9.62b USD (from netDebt column, last quarter)
Enterprise Value = 18.34b USD (8.73b + Debt 9.94b - CCE 325.0m)
Interest Coverage Ratio = 0.62 (Ebit TTM 231.0m / Interest Expense TTM 372.0m)
EV/FCF = 31.30x (Enterprise Value 18.34b / FCF TTM 586.0m)
FCF Yield = 3.19% (FCF TTM 586.0m / Enterprise Value 18.34b)
FCF Margin = 39.46% (FCF TTM 586.0m / Revenue TTM 1.49b)
Net Margin = 0.13% (Net Income TTM 2.00m / Revenue TTM 1.49b)
Gross Margin = 51.38% ((Revenue TTM 1.49b - Cost of Revenue TTM 722.0m) / Revenue TTM)
Gross Margin QoQ = 62.15% (prev -6.13%)
Tobins Q-Ratio = 1.08 (Enterprise Value 18.34b / Total Assets 16.93b)
Interest Expense / Debt = 1.02% (Interest Expense 101.0m / Debt 9.94b)
Taxrate = 21.0% (US default 21%)
NOPAT = 182.5m (EBIT 231.0m * (1 - 21.00%))
Current Ratio = 1.11 (Total Current Assets 1.06b / Total Current Liabilities 955.0m)
Debt / Equity = 1.81 (Debt 9.94b / totalStockholderEquity, last quarter 5.50b)
Debt / EBITDA = 8.52 (Net Debt 9.62b / EBITDA 1.13b)
Debt / FCF = 16.41 (Net Debt 9.62b / FCF TTM 586.0m)
Total Stockholder Equity = 3.75b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.01% (Net Income 2.00m / Total Assets 16.93b)
RoE = 0.05% (Net Income TTM 2.00m / Total Stockholder Equity 3.75b)
RoCE = 1.89% (EBIT 231.0m / Capital Employed (Equity 3.75b + L.T.Debt 8.50b))
RoIC = 1.72% (NOPAT 182.5m / Invested Capital 10.61b)
WACC = 3.05% (E(8.73b)/V(18.67b) * Re(5.62%) + D(9.94b)/V(18.67b) * Rd(1.02%) * (1-Tc(0.21)))
Discount Rate = 5.62% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares (quarterly) Correlation: 79.06 | Cagr: 0.76%
[DCF] Terminal Value 85.19% ; FCFF base≈567.2m ; Y1≈509.3m ; Y5≈435.5m
[DCF] Fair Price = 28.88 (EV 13.12b - Net Debt 9.62b = Equity 3.50b / Shares 121.2m; r=6.0% [WACC]; 5y FCF grow -12.65% → 3.0% )
EPS Correlation: -49.84 | EPS CAGR: -76.28% | SUE: -1.48 | # QB: -1
Revenue Correlation: 15.56 | Revenue CAGR: -1.03% | SUE: 0.44 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.31 | Chg30d=-30.55% | Revisions=N/A | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.47 | Chg30d=-56.67% | Revisions=N/A | Analysts=2
EPS current Year (2026-12-31): EPS=-0.58 | Chg30d=-173.12% | Revisions=N/A | GrowthEPS=-124.5% | GrowthRev=+20.6%
EPS next Year (2027-12-31): EPS=1.39 | Chg30d=-13.46% | Revisions=N/A | GrowthEPS=+341.1% | GrowthRev=+9.4%