Growth Metrics

Clearway Energy (CWEN) Debt to Equity (2012 - 2026)

Clearway Energy posted quarterly Debt to Equity of $1.66 for Q1 2026, up 22.93% year-on-year from $1.35 in Q1 2025, and up 21.08% on a QoQ basis from $1.37 in Q4 2025.

Clearway Energy (CWEN) has 15 years of Debt to Equity data on file, last reported at $1.66 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 22.93% year-over-year to $1.66; the trailing twelve-month figure through Mar 2026 stood at $1.66 (up 22.93% YoY), and the FY2025 full-year result was $1.37, up 6.02% from the prior year.
  • Debt to Equity for Q1 2026 stood at $1.66, up from $1.37 in the prior quarter.
  • Across five years, Debt to Equity topped out at $2.25 in Q1 2022 and bottomed at $1.21 in Q3 2024.
  • The 5-year median for Debt to Equity is $1.59 (2022), against an average of $1.56.
  • The widest annual swing landed in 2022, when Debt to Equity plunged 39.78%; it then grew 22.93% in 2026.
  • A 5-year view of Debt to Equity shows it stood at $1.69 in 2022, then fell by 4.9% to $1.61 in 2023, then declined by 19.82% to $1.29 in 2024, then rose by 6.02% to $1.37 in 2025, then climbed by 21.08% to $1.66 in 2026.
  • The last three Debt to Equity figures came in at $1.66 (Q1 2026), $1.37 (Q4 2025), and $1.48 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn -
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn 0.29
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn 0.03
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn -
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn 1.66
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn 0.59
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn 5.64
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn 6.53
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn 0.35
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn 0.00

Historic Data

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DateValue
Mar 31, 2026 1.66
Dec 31, 2025 1.37
Sep 30, 2025 1.48
Jun 30, 2025 1.50
Mar 31, 2025 1.35
Dec 31, 2024 1.29
Sep 30, 2024 1.21
Jun 30, 2024 1.26
Mar 31, 2024 1.51
Dec 31, 2023 1.61
Sep 30, 2023 1.77
Jun 30, 2023 1.71
Mar 31, 2023 1.64
Dec 31, 2022 1.69
Sep 30, 2022 1.71
Jun 30, 2022 1.59
Mar 31, 2022 2.25
Dec 31, 2021 2.12
Sep 30, 2021 2.49
Jun 30, 2021 2.65
Mar 31, 2021 2.50
Dec 31, 2020 2.44
Sep 30, 2020 2.86
Jun 30, 2020 3.02
Mar 31, 2020 2.26
Dec 31, 2019 2.20
Sep 30, 2019 2.03
Jun 30, 2019 2.97
Mar 31, 2019 2.71
Dec 31, 2018 2.45
Sep 30, 2018 2.08
Jun 30, 2018 2.29
Mar 31, 2018 2.80
Dec 31, 2017 2.78
Sep 30, 2017 2.41
Jun 30, 2017 2.41
Mar 31, 2017 0.13
Dec 31, 2016 0.13
Jun 30, 2016 1.84
Mar 31, 2016 1.78
Dec 31, 2015 1.85
Sep 30, 2015 2.01
Jun 30, 2015 2.15
Mar 31, 2015 3.68
Dec 31, 2014 1.63
Sep 30, 2014 2.53
Jun 30, 2014 1.78
Mar 31, 2014 1.29
Dec 31, 2013 1.12
Sep 30, 2013 0.15
Dec 31, 2012 0.60