Clearway Energy (CWEN) EV to FCF (2015 - 2026)
Clearway Energy's EV to FCF was 16.32 in Q3 2026, down 21.2% from 20.71 a year earlier and down 2.0% from the prior quarter.
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Analysis
Clearway Energy (CWEN) EV to FCF (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Clearway Energy's EV to FCF was 14.98 through Sep 30, 2026, down 19.8% year-over-year; for FY2025, it came in at 28.28, up 62.1% from FY2024.
- EV to FCF has now increased for three consecutive years.
- In earlier years, EV to FCF was 17.44 in FY2024 (+8.2%), 16.12 in FY2023 (+43.7%), 11.22 in FY2022 (-22.2%) and 14.42 in FY2021 (-14.0%).
- The Q3 2026 figure marks the lowest quarterly EV to FCF since Q1 2024.
- Compared with a year earlier, EV to FCF was higher in five of the last eight quarters, with growth averaging 8.2%.
- The best year-over-year quarter for EV to FCF over five years was Q3 2024 (growth of 73.5%); the worst was Q1 2022 (a decline of 28.7%).
- Per Business Quant data, CWEN's EV to FCF in the three quarters before Q3 2026 was 16.65 (Q2 2026), 17.50 (Q1 2026) and 28.28 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Constellation Energy | 98.63 Bn | 93.22 Bn | - |
| 2 | Vistra | 44.52 Bn | 35.00 Bn | - |
| 3 | AXIA Energia | 24.30 Bn | 11.28 Bn | 2.59 Bn |
| 4 | Nrg Energy | 20.38 Bn | 15.19 Bn | 2.23 Bn |
| 5 | Talen Energy | 17.79 Bn | 15.53 Bn | - |
| 6 | Enlight Renewable Energy | 8.73 Bn | 5.30 Bn | 124.81 Mn |
| 7 | Brookfield Renewable Partners | 7.94 Bn | -20.71 Bn | 23.00 Mn |
| 8 | Clearway Energy | 7.36 Bn | 9.95 Bn | - |
| 9 | Ormat Technologies | 5.56 Bn | 4.03 Bn | 77.38 Mn |
| 10 | Oklo | 4.67 Bn | -3.73 Bn | 772,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.32 |
| Jun 30, 2026 | 16.65 |
| Mar 31, 2026 | 17.50 |
| Dec 31, 2025 | 28.28 |
| Sep 30, 2025 | 20.71 |
| Jun 30, 2025 | 17.63 |
| Mar 31, 2025 | 17.27 |
| Dec 31, 2024 | 17.44 |
| Sep 30, 2024 | 19.66 |
| Jun 30, 2024 | 17.91 |
| Mar 31, 2024 | 14.75 |
| Dec 31, 2023 | 16.12 |
| Sep 30, 2023 | 11.34 |
| Jun 30, 2023 | 12.50 |
| Mar 31, 2023 | 12.60 |
| Dec 31, 2022 | 11.22 |
| Sep 30, 2022 | 11.35 |
| Jun 30, 2022 | 13.31 |
| Mar 31, 2022 | 13.11 |
| Dec 31, 2021 | 14.42 |
API Access
Clearway Energy EV to FCF 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-fcf&ticker=CWEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=CWEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();