Clearway Energy (CWEN) FCF Margin (2012 - 2026)
Clearway Energy (CWEN) reported FCF Margin of 27.03% for Q2 2026, down 2.31 percentage points from 29.34% a year earlier and down 65.06 percentage points from the prior quarter.
Clearway Energy (CWEN) FCF Margin (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Clearway Energy's FCF Margin came in at 42.63%, up 3.38 percentage points year-over-year; for FY2025, it was 25.82%, down 9.41 percentage points from FY2024.
- FCF Margin has declined for three consecutive years, with a five-year change of -9.29 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 35.23% in FY2024 (-2.06 pp), 37.29% in FY2023 (-19.43 pp), 56.72% in FY2022 (+13.95 pp) and 42.77% in FY2021 (+7.66 pp).
- Five-year quarterly FCF Margin spans a low of -6.46% in Q1 2024 and a high of 92.35% in Q3 2022.
- Year over year, FCF Margin gained in four of the last eight quarters, with an average year-over-year change of +4.21 percentage points.
- The high point for year-over-year FCF Margin in five years was Q1 2026 (a gain of 79.00 percentage points); the low point was Q4 2025 (a drop of 32.57 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 92.09% (Q1 2026), 22.90% (Q4 2025) and 33.57% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 97.15 Bn | 88.06 Bn | - | -1.57% |
| 2 | Vistra | 44.79 Bn | 37.97 Bn | - | 8.31% |
| 3 | AXIA Energia | 24.76 Bn | 12.66 Bn | - | - |
| 4 | Nrg Energy | 20.65 Bn | 14.87 Bn | 2.01 Bn | 10.41% |
| 5 | Talen Energy | 17.32 Bn | 15.04 Bn | - | 22.31% |
| 6 | Enlight Renewable Energy | 8.81 Bn | 6.25 Bn | 117.49 Mn | -384.97% |
| 7 | Brookfield Renewable Partners | 7.95 Bn | -1.16 Bn | - | -46.78% |
| 8 | Ormat Technologies | 5.74 Bn | 4.07 Bn | 77.38 Mn | -26.51% |
| 9 | Oklo | 4.68 Bn | -2.15 Bn | - | -11,709.34% |
| 10 | Clearway Energy | 3.78 Bn | 2.72 Bn | - | 27.03% |
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();