Clearway Energy (CWEN) EV to EBITDA (2015 - 2026)
Clearway Energy's (CWEN) EV to EBITDA was 11.39 for Q2 2026, up 0.3% from 11.36 a year earlier but down 21.9% from the prior quarter.
Clearway Energy (CWEN) EV to EBITDA (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Clearway Energy's EV to EBITDA came in at 10.54, up 2.2% year-over-year; for FY2025, it came in at 12.39, up 21.0% from FY2024.
- EV to EBITDA has increased for three consecutive years.
- By year, EV to EBITDA came in at 10.24 in FY2024 (+2.2%), 10.01 in FY2023 (+162.1%), 3.82 in FY2022 (-65.4%) and 11.03 in FY2021 (+18.9%).
- Five-year quarterly EV to EBITDA spans a low of 3.69 in Q3 2022 and a high of 14.57 in Q1 2026.
- Year over year, EV to EBITDA has now increased in each of the last three quarters, with growth averaging 15.5% over the last eight quarters.
- The high point for year-over-year EV to EBITDA in five years was Q4 2023 (growth of 162.1%); the low point was Q1 2023 (a decline of 68.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 14.57 (Q1 2026), 12.39 (Q4 2025) and 11.14 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vistra | 47.31 Bn | 40.51 Bn | - |
| 2 | AXIA Energia | 29.53 Bn | 16.46 Bn | 2.59 Bn |
| 3 | Nrg Energy | 20.44 Bn | 14.66 Bn | 2.01 Bn |
| 4 | Talen Energy | 15.08 Bn | 12.66 Bn | - |
| 5 | Enlight Renewable Energy | 9.24 Bn | 6.17 Bn | 117.49 Mn |
| 6 | Brookfield Renewable Partners | 7.56 Bn | 28.94 Bn | 927.00 Mn |
| 7 | Oklo | 6.87 Bn | 6.87 Bn | - |
| 8 | Clearway Energy | 6.33 Bn | 8.90 Bn | - |
| 9 | Ormat Technologies | 5.62 Bn | 4.36 Bn | 68.70 Mn |
| 10 | ReNew Energy Global | 4.99 Bn | 3.87 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.39 |
| Mar 31, 2026 | 14.57 |
| Dec 31, 2025 | 12.39 |
| Sep 30, 2025 | 11.14 |
| Jun 30, 2025 | 11.36 |
| Mar 31, 2025 | 10.81 |
| Dec 31, 2024 | 10.24 |
| Sep 30, 2024 | 11.48 |
| Jun 30, 2024 | 11.83 |
| Mar 31, 2024 | 9.63 |
| Dec 31, 2023 | 10.01 |
| Sep 30, 2023 | 7.14 |
| Jun 30, 2023 | 8.73 |
| Mar 31, 2023 | 3.73 |
| Dec 31, 2022 | 3.82 |
| Sep 30, 2022 | 3.69 |
| Jun 30, 2022 | 3.99 |
| Mar 31, 2022 | 11.75 |
| Dec 31, 2021 | 11.03 |
| Sep 30, 2021 | 9.49 |
Clearway Energy EV to EBITDA 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=ev-to-ebitda&ticker=CWEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=CWEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();