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% on a YoY basis from $15.0 million in Q1 2022, and up 127.27% quarter-over-quarter from $22.0 million in Q4 2022.
Clearway Energy (CWEN) Current Taxes (2013 - 2023) Analysis & Trends
Clearway Energy (CWEN) has reported Current Taxes for 11 consecutive years, with $50.0 million the latest figure, recorded in Q1 2023.
- For the quarter ending Q1 2023, Current Taxes rose 233.33% year-over-year to $50.0 million; the trailing twelve-month figure through Mar 2023 stood at $50.0 million (up 233.33% YoY), and the FY2022 full-year result was $22.0 million, down 79.44% from the prior year.
- Current Taxes improved to $50.0 million in Q1 2023 per CWEN's latest filing, from $22.0 million in the prior quarter.
- Across five years, Current Taxes topped out at $107.0 million in Q4 2021 and bottomed at $12.0 million in Q3 2021.
- Historically, Current Taxes has averaged $32.0 million across 5 years, with a median of $22.0 million in 2020.
- The sharpest annual moves came in 2021 and 2022: Current Taxes soared 529.41% in 2021, then plunged 79.44% in 2022.
- Over 5 years, Current Taxes stood at $31.0 million in 2019, then plunged by 45.16% to $17.0 million in 2020, then jumped by 529.41% to $107.0 million in 2021, then slumped by 79.44% to $22.0 million in 2022, then jumped by 127.27% to $50.0 million in 2023.
- According to Business Quant data, Current Taxes over the past three periods registered $50.0 million, $22.0 million, and $15.0 million for Q1 2023, Q4 2022, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 47.18 Bn | 45.32 Bn | 3.16 Bn | 3.00 Mn |
| 2 | AXIA Energia | 30.92 Bn | 28.60 Bn | 2.59 Bn | - |
| 3 | Nrg Energy | 21.60 Bn | 21.44 Bn | 2.01 Bn | - |
| 4 | Talen Energy | 14.11 Bn | 13.77 Bn | - | - |
| 5 | Enlight Renewable Energy | 9.72 Bn | 8.77 Bn | 117.49 Mn | - |
| 6 | Brookfield Renewable Partners | 7.71 Bn | 26.04 Bn | 927.00 Mn | 27.34 Bn |
| 7 | Oklo | 7.49 Bn | 7.49 Bn | - | - |
| 8 | Clearway Energy | 6.63 Bn | 9.92 Bn | 332.00 Mn | - |
| 9 | Ormat Technologies | 5.98 Bn | 5.46 Bn | 68.70 Mn | - |
| 10 | ReNew Energy Global | 4.99 Bn | 4.84 Bn | - | 16.00 Mn |
Historic 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 |
Clearway Energy Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=CWEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "CWEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=CWEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();