Clearway Energy (CWEN) FCF Margin (2012 - 2026)
Clearway Energy's (CWEN) quarterly FCF Margin came in at 27.03% in Q2 2026, down 231.0% on a YoY basis from 20.63% in Q2 2025, and down 70.65% quarter-over-quarter from 92.09% in Q1 2026.
Clearway Energy (CWEN) FCF Margin (2012 - 2026) Analysis & Trends
Clearway Energy (CWEN) has reported FCF Margin for 15 consecutive years, with 27.03% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 231.0% year-over-year to 27.03%; the trailing twelve-month figure through Jun 2026 stood at 42.63% (up 338.0% YoY), and the FY2025 full-year result was 25.82%, down 941.0% from the prior year.
- FCF Margin eased to 27.03% in Q2 2026 per CWEN's latest filing, from 92.09% in the prior quarter.
- Across five years, FCF Margin topped out at 92.35% in Q3 2022 and bottomed at 6.46% in Q1 2024.
- Historically, FCF Margin has averaged 39.41% across 5 years, with a median of 31.45% in 2025.
- The sharpest annual moves came in 2025 and 2026: FCF Margin plunged 3257 bps in 2025, then surged 7900 bps in 2026.
- Over 5 years, FCF Margin stood at 60.82% in 2022, then retreated by 10 bps to 55.02% in 2023, then advanced by 1 bps to 55.47% in 2024, then sank by 59 bps to 22.9% in 2025, then gained by 18 bps to 27.03% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 27.03%, 92.09%, and 22.9% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 47.18 Bn | 45.32 Bn | 3.16 Bn | 8.31% |
| 2 | AXIA Energia | 30.92 Bn | 28.60 Bn | 2.59 Bn | 0.00% |
| 3 | Nrg Energy | 21.60 Bn | 21.44 Bn | 2.01 Bn | 10.41% |
| 4 | Talen Energy | 14.11 Bn | 13.77 Bn | - | -76.71% |
| 5 | Enlight Renewable Energy | 9.72 Bn | 8.77 Bn | 117.49 Mn | 486.73% |
| 6 | Brookfield Renewable Partners | 7.71 Bn | 26.04 Bn | 927.00 Mn | 108.30% |
| 7 | Oklo | 7.49 Bn | 7.49 Bn | - | -11,709.34% |
| 8 | Clearway Energy | 6.63 Bn | 9.92 Bn | 332.00 Mn | 27.03% |
| 9 | Ormat Technologies | 5.98 Bn | 5.46 Bn | 68.70 Mn | -33.78% |
| 10 | ReNew Energy Global | 4.99 Bn | 4.84 Bn | - | 48.37% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.03% |
| Mar 31, 2026 | 92.09% |
| Dec 31, 2025 | 22.90% |
| Sep 30, 2025 | 33.57% |
| Jun 30, 2025 | 29.34% |
| Mar 31, 2025 | 13.09% |
| Dec 31, 2024 | 55.47% |
| Sep 30, 2024 | 54.73% |
| Jun 30, 2024 | 25.14% |
| Mar 31, 2024 | -6.46% |
| Dec 31, 2023 | 55.02% |
| Sep 30, 2023 | 68.19% |
| Jun 30, 2023 | 27.83% |
| Mar 31, 2023 | -4.51% |
| Dec 31, 2022 | 60.82% |
| Sep 30, 2022 | 92.35% |
| Jun 30, 2022 | 41.30% |
| Mar 31, 2022 | 21.50% |
| Dec 31, 2021 | 45.60% |
| Sep 30, 2021 | 73.22% |
Clearway Energy FCF 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=fcf-margin&ticker=CWEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=CWEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();