CWEN vs NEE vs ORA Stock Comparison

Clearway Energy, Nextera Energy and Ormat Technologies Prices as of Oct 27, 2026 Peers: Industry group
CWEN Clearway Energy, Inc.
$32.72 +9.8% 1M +2.3% 1Y
Market cap
$3.60B
P/E
35.7x
Revenue (TTM)
$1.57B
Div. yield
0.10%
Renewable Power Producers Utilities
2 wins
NEE Nextera Energy Inc
$82.42 +8.3% 1M -4.2% 1Y
Market cap
$169.18B
P/E
14.5x
Revenue (TTM)
$28.83B
Div. yield
–
Regulated Electric Utilities Utilities
5 wins
ORA Ormat Technologies, Inc.
$92.07 -1.7% 1M -13.6% 1Y
Market cap
$5.63B
P/E
44.4x
Revenue (TTM)
$1.19B
Div. yield
0.01%
Renewable Power Producers Utilities
5 wins

Head to Head

12 decided of 12

Nextera Energy leads on 5 of the 12 questions below (Nextera Energy 5, Ormat Technologies 5, Clearway Energy 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCWENNEEORALeader
Larger companyMarket capitalisation $3.60B $169.18B $5.63B NEE
Cheaper on earningsLower P/E, profitable companies only 35.7x 14.5x 44.4x NEE
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 21.2x 36.5x NEE
Faster revenue growthRevenue growth, trailing twelve months +9.9% +9.6% +31.1% ORA
More profitableNet margin, trailing twelve months 6.4% 40.4% 10.7% NEE
Better return on capitalReturn on invested capital 1.4% 4.7% 6.4% ORA
Less leveragedLower net debt / EBITDA 7.6x 7.0x -0.3x ORA
Higher dividend yieldTrailing dividend yield 0.10% 0.00% 0.01% CWEN
Better 1-year returnPrice return, last 12 months +2.3% -4.2% -13.6% CWEN
Better 5-year returnAnnualised price return, 5 years -1.3%/yr -0.9%/yr +4.8%/yr ORA
Less volatileAnnualised volatility, 1 year 30.6% 21.1% 37.8% NEE
Higher overall scoreMean of the five percentile scores vs peers 56/100 60/100 63/100 ORA

Percentile Scorecard

CWENNEEORA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCWENNEEORA
Valuation 74 #7 of 24 24 #51 of 67 48 #13 of 24
Growth 41 #14 of 23 92 #6 of 65 50 #12 of 23
Profitability 50 #12 of 23 89 #8 of 63 77 #6 of 23
Financial Health 35 #16 of 24 47 #34 of 63 78 #6 of 24
Shareholder Returns 79 #5 of 20 50 #34 of 67 63 #8 of 20
Overall 56 60 63
  • CWEN ranked among 24 companies in Power Generation
  • NEE ranked among 67 companies in Regulated Utilities
  • ORA ranked among 24 companies in Power Generation

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCWENNEEORASPY
1 month +9.8%+8.3%-1.7% -0.2%
3 months +4.0%-7.7%-6.4% +3.9%
6 months -19.1%-14.6%-18.6% +8.2%
Year to date -1.6%+2.7%-16.7% +12.9%
1 year +2.3%-4.2%-13.6% +12.3%
3 years +51.8%+46.6%+49.9% +87.4%
3 years, per year +14.9%+13.6%+14.5% +23.3%
5 years -6.2%-4.6%+26.3% +67.9%
5 years, per year -1.3%-0.9%+4.8% +10.9%
10 years +113.9%+163.5%+96.5% +261.1%
10 years, per year +7.9%+10.2%+7.0% +13.7%

Risk

MeasureCWENNEEORASPY
Volatility, 1Y 30.6%21.1%37.8% 12.7%
Downside volatility, 1Y 29.7%22.2%39.8% 12.7%
Beta vs S&P 500, 1Y 0.720.100.90 1.00
Return / volatility, 1Y 0.08-0.20-0.36 0.97
Max drawdown, 5Y -54.9%-47.2%-41.5% -25.4%
From 52-week high -20.7%-15.8%-36.5% -1.2%
52-week high $41.26$97.88$145.10 $779.14
52-week low $29.16$75.50$86.61 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCWENNEEORA
P/E now vs peer median 35.6xmedian 25.0x 14.8xmedian 20.9x 44.7xmedian 25.0x
P/S now vs peer median 4.5xmedian 2.8x 6.0xmedian 2.9x 4.8xmedian 2.8x
EV/EBITDA now vs peer median 13.7xmedian 11.5x 18.4xmedian 13.2x 10.9xmedian 11.5x
P/FCF now vs peer median 10.5xmedian 13.6x 37.0xmedian 36.9x -21.4xmedian 13.6x
P/B now vs peer median 1.3xmedian 2.1x 2.4xmedian 1.7x 2.1xmedian 2.1x
PEG now vs peer median -6.10median 0.60 1.06median 2.31 4.00median 0.60

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCWENNEEORA
Revenue $1.57B $28.83B $1.19B
Gross profit – – $331.93M
Operating income $211.00M $8.66B $197.45M
Net income -$299.00M $11.64B $129.46M
Free cash flow $671.00M $4.67B -$264.77M
R&D – – $4.96M
EPS (diluted) $0.83 $5.55 $2.03
Cash & equivalents $251.00M $5.58B $513.75M
Total debt $9.06B $413.84B $360.60M
Shares (diluted) 121.00M 2.10B 62.53M
Enterprise value $2.55B $155.93B $4.23B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCWENNEEORA
P/E 35.6x 14.8x 44.7x
P/FCF 10.5x 37.0x -21.4x
P/Operating cash flow 7.0x 11.7x 20.3x
P/S 4.5x 6.0x 4.8x
P/B 1.3x 2.4x 2.1x
P/Tangible book 1.3x 2.4x 2.3x
EV/EBITDA 13.7x 18.4x 10.9x
EV/EBIT 75.3x 32.1x 27.9x
EV/Revenue 10.1x 9.6x 4.6x
EV/FCF 23.7x 59.4x -20.8x
EV/Operating cash flow 15.6x 18.7x 19.7x
PEG (3Y EPS CAGR) -6.10 1.06 4.00

Growth

14 metrics
MetricCWENNEEORA
Revenue growth (1Y) 9.9% 9.6% 31.1%
Revenue CAGR (3Y) 6.5% 1.7% 16.0%
Gross profit growth (1Y) – – 26.6%
Gross profit CAGR (3Y) – – 7.5%
Operating income growth (1Y) -6.6% 13.4% 15.5%
Operating income CAGR (3Y) -11.8% -3.5% 10.5%
Net income growth (1Y) -754.3% 79.0% -4.9%
Net income CAGR (3Y) -97.9% 15.1% 9.7%
EPS growth (1Y) 5.0% 76.7% -5.9%
EPS CAGR (3Y) -5.8% 14.0% 11.2%
Operating cash flow growth (1Y) 30.6% 23.8% -37.9%
Operating cash flow CAGR (3Y) 12.4% 16.3% -1.9%
Free cash flow growth (1Y) 19.4% 30.9% -130.3%
Free cash flow CAGR (3Y) 5.2% 124.1% 0.7%

Profitability

14 metrics
MetricCWENNEEORA
Gross margin – – 27.9%
EBITDA margin 73.8% 52.2% 42.6%
Operating margin 13.4% 30.0% 16.6%
Pretax margin -8.3% 35.0% 7.7%
Net margin 6.4% 40.4% 10.7%
FCF margin 42.6% 16.2% -22.3%
Operating cash flow margin 64.6% 51.4% 23.5%
Return on equity -3.2% 13.9% 4.7%
Return on assets -1.1% 4.1% 1.9%
Return on invested capital 1.4% 4.7% 6.4%
Return on capital employed 1.3% 4.2% 3.4%
Asset turnover 0.1x 0.1x 0.2x
Cash conversion (OCF / net income) -3.4x 1.3x 2.2x
Stock comp / revenue – – 1.8%

Financial Health

11 metrics
MetricCWENNEEORA
Debt / assets 54.0% 45.0% 5.3%
Debt / equity 1.7x 1.5x 0.1x
Net debt / EBITDA 7.6x 7.0x -0.3x
Debt / FCF 13.5x 23.6x -1.4x
Liabilities / assets 67.4% 70.3% 59.7%
Equity / assets 32.6% 29.7% 40.3%
Interest coverage 0.5x 2,164x 1.2x
Current ratio 1.2x 0.5x 1.0x
Quick ratio 0.6x 0.3x 0.7x
Cash ratio 0.3x 0.2x 0.5x
Altman Z-score 0.53 0.99 1.32

Shareholder Returns

7 metrics
MetricCWENNEEORA
Dividend yield 5.7% 2.9% 0.5%
Net buyback yield -0.7% -0.6% 0.4%
Shareholder yield 5.0% 2.4% 1.0%
Payout ratio (earnings) -124.4% – 22.6%
Payout ratio (FCF) 55.4% – -11.1%
Dividend growth (1Y) 7.5% – 0.6%
Dividend CAGR (3Y) 7.3% – 1.9%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCWENNEEORA
Forward P/E – 21.2xFY2026 36.5xFY2026
EPS, next fiscal year $-0.10FY2026 $3.89FY2026 $2.52FY2026
EPS growth, next FY -107.0%FY2026 +4.9%FY2026 +12.5%FY2026
EPS growth, the year after – +18.5% -6.7%
Revenue, next fiscal year $1.69BFY2026 $32.08BFY2026 $1.25BFY2026
Revenue growth, next FY +18.0%FY2026 +17.0%FY2026 +26.3%FY2026
Revenue growth, the year after +14.8% +9.6% -3.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCWENNEEORA
Held by institutions 47.3% 84.3% 86.4%
Institutions holding 475 3,020 438
Change in shares held, QoQ +31.6% +2.3% +2.1%
Institutions buying 362 1,589 255
Institutions selling 71 1,054 111
Buyers to sellers 5.10 1.51 2.30

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CWENNEEORA
CWEN 1.00 0.40 0.51
NEE 0.40 1.00 0.26
ORA 0.51 0.26 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, CWEN, NEE and ORA?

Nextera Energy (NEE) is the largest by market capitalisation: Clearway Energy (CWEN) $3.60B, Nextera Energy (NEE) $169.18B, Ormat Technologies (ORA) $5.63B.

Which stock is cheaper, CWEN, NEE and ORA?

Nextera Energy (NEE) trades on the lowest price-to-earnings ratio (Clearway Energy (CWEN) 35.7x, Nextera Energy (NEE) 14.5x, Ormat Technologies (ORA) 44.4x). On next year's consensus earnings, Nextera Energy (NEE) is cheapest (Nextera Energy (NEE) 21.2x, Ormat Technologies (ORA) 36.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Ormat Technologies (ORA) grew revenue fastest over the trailing twelve months: Clearway Energy (CWEN) +9.9%, Nextera Energy (NEE) +9.6%, Ormat Technologies (ORA) +31.1%.

Which company is more profitable?

Nextera Energy (NEE) has the highest net margin (Clearway Energy (CWEN) 6.4%, Nextera Energy (NEE) 40.4%, Ormat Technologies (ORA) 10.7%). On return on invested capital, Ormat Technologies (ORA) leads (Clearway Energy (CWEN) 1.4%, Nextera Energy (NEE) 4.7%, Ormat Technologies (ORA) 6.4%).

Which stock has performed better?

Over the past year Clearway Energy (CWEN) returned the most: Clearway Energy (CWEN) +2.3%, Nextera Energy (NEE) -4.2%, Ormat Technologies (ORA) -13.6%. Over five years, Ormat Technologies (ORA) compounded fastest (Clearway Energy (CWEN) -1.3%/yr, Nextera Energy (NEE) -0.9%/yr, Ormat Technologies (ORA) +4.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Clearway Energy (CWEN) has the highest dividend yield: Clearway Energy (CWEN) 0.10%, Nextera Energy (NEE) 0.00%, Ormat Technologies (ORA) 0.01%. Nextera Energy (NEE) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Nextera Energy (NEE) has been the steadiest (Clearway Energy (CWEN) 30.6%, Nextera Energy (NEE) 21.1%, Ormat Technologies (ORA) 37.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CWEN, NEE and ORA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Nextera Energy (NEE) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.