Clearway Energy (CWEN) EBITDA Margin (2012 - 2026)
Clearway Energy (CWEN) recorded EBITDA Margin of 64.86% in Q2 2026, up 1.60 percentage points from 63.27% a year earlier and up 7.80 percentage points from the prior quarter.
Clearway Energy (CWEN) EBITDA Margin (2012 - 2026) Analysis & Trends
On a TTM basis, Clearway Energy's EBITDA Margin came in at 60.04% as of Jun 30, 2026, down 0.86 percentage points year-over-year; for FY2025, it was 58.92%, down 1.11 percentage points from FY2024.
- Annual EBITDA Margin has declined for three straight years, with a five-year change of -4.55 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at 60.03% in FY2024 (-0.02 pp), 60.05% in FY2023 (-106.51 pp), 166.55% in FY2022 (+106.21 pp) and 60.34% in FY2021 (-3.13 pp).
- Quarterly EBITDA Margin has ranged from 33.18% in Q1 2022 to 416.30% in Q2 2022 over the past five years.
- On a year-over-year basis, EBITDA Margin rose in five of the last eight quarters, with an average year-over-year change of +1.94 percentage points.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 347.62 percentage points in Q2 2022, against a drop of 348.08 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 57.06% (Q1 2026), 46.13% (Q4 2025) and 67.13% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 97.15 Bn | 88.06 Bn | - | 23.27% |
| 2 | Vistra | 44.79 Bn | 37.97 Bn | - | 29.82% |
| 3 | AXIA Energia | 24.76 Bn | 12.66 Bn | - | - |
| 4 | Nrg Energy | 20.65 Bn | 14.87 Bn | 2.01 Bn | 19.80% |
| 5 | Talen Energy | 17.32 Bn | 15.04 Bn | - | 30.82% |
| 6 | Enlight Renewable Energy | 8.81 Bn | 6.25 Bn | 117.49 Mn | 83.33% |
| 7 | Brookfield Renewable Partners | 7.95 Bn | -1.16 Bn | - | - |
| 8 | Ormat Technologies | 5.74 Bn | 4.07 Bn | 77.38 Mn | 46.43% |
| 9 | Oklo | 4.68 Bn | -2.15 Bn | - | -6,020.91% |
| 10 | Clearway Energy | 3.78 Bn | 2.72 Bn | - | 76.72% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 76.72% |
| Mar 31, 2026 | 72.03% |
| Dec 31, 2025 | 63.55% |
| Sep 30, 2025 | 79.49% |
| Jun 30, 2025 | 75.77% |
| Mar 31, 2025 | 70.13% |
| Dec 31, 2024 | 65.63% |
| Sep 30, 2024 | 80.45% |
| Jun 30, 2024 | 77.87% |
| Mar 31, 2024 | 66.54% |
| Dec 31, 2023 | 66.27% |
| Sep 30, 2023 | 74.12% |
| Jun 30, 2023 | 80.54% |
| Mar 31, 2023 | 76.39% |
| Dec 31, 2022 | 73.88% |
| Sep 30, 2022 | 81.76% |
| Jun 30, 2022 | 427.99% |
| Mar 31, 2022 | 54.67% |
| Dec 31, 2021 | 70.44% |
| Sep 30, 2021 | 74.07% |
Clearway Energy EBITDA Margin 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=ebitda-margin&ticker=CWEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=CWEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();