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
DateValue
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