Clearway Energy (CWEN) Current Taxes (2013 - 2023)
Clearway Energy's (CWEN) quarterly Current Taxes came in at $50.0 million in Q1 2023, up 233.33% YoY from $15.0 million in Q1 2022, and up 127.27% on a QoQ basis from $22.0 million in Q4 2022.
Clearway Energy (CWEN) Current Taxes (2013 - 2023) Analysis & Trends
Clearway Energy (CWEN) has 11 years of Current Taxes data on file, last reported at $50.0 million in Q1 2023.
- Quarterly Current Taxes rose 233.33% year-over-year to $50.0 million in Q1 2023, while the trailing twelve-month figure through Mar 2023 was $50.0 million (up 233.33% YoY) and the FY2022 annual result came in at $22.0 million, down 79.44% from the prior year.
- Current Taxes grew to $50.0 million in Q1 2023, from $22.0 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $107.0 million in Q4 2021 to a low of $12.0 million in Q3 2021.
- A 5-year average of $32.0 million and a median of $22.0 million in 2020 frame the typical range for Current Taxes.
- Annual changes were most pronounced in 2021 — Current Taxes surged 529.41% — and 2022, when it tumbled 79.44%.
- Tracing CWEN's Current Taxes over 5 years: stood at $31.0 million in 2019, then slumped by 45.16% to $17.0 million in 2020, then surged by 529.41% to $107.0 million in 2021, then plunged by 79.44% to $22.0 million in 2022, then surged by 127.27% to $50.0 million in 2023.
- The last three Current Taxes figures came in at $50.0 million (Q1 2023), $22.0 million (Q4 2022), and $15.0 million (Q3 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.86 Bn | 10.69 Bn | 117.49 Mn | - |
| 2 | Ormat Technologies | 6.97 Bn | 6.31 Bn | 68.70 Mn | - |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn | - |
| 4 | Clearway Energy | 3.79 Bn | 3.45 Bn | 332.00 Mn | - |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 3.13 Mn |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn | 15.19 Mn |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.55 Mn | - | - |
| 8 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | 545.36 Mn |
| 9 | Energy Vault Holdings | 671.14 Mn | 602.39 Mn | 4.79 Mn | - |
| 10 | Eco Wave Power Global AB (publ) | 342.25 Mn | 342.25 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 50.00 Mn |
| Dec 31, 2022 | 22.00 Mn |
| Sep 30, 2022 | 15.00 Mn |
| Jun 30, 2022 | 16.00 Mn |
| Mar 31, 2022 | 15.00 Mn |
| Dec 31, 2021 | 107.00 Mn |
| Sep 30, 2021 | 12.00 Mn |
| Jun 30, 2021 | 14.00 Mn |
| Mar 31, 2021 | 17.00 Mn |
| Dec 31, 2020 | 17.00 Mn |
| Sep 30, 2020 | 22.00 Mn |
| Jun 30, 2020 | 21.00 Mn |
| Mar 31, 2020 | 27.00 Mn |
| Dec 31, 2019 | 31.00 Mn |
| Sep 30, 2019 | 63.00 Mn |
| Jun 30, 2019 | 53.00 Mn |
| Mar 31, 2019 | 42.00 Mn |
| Dec 31, 2018 | 19.00 Mn |
| Sep 30, 2018 | 21.00 Mn |
| Jun 30, 2018 | 47.00 Mn |