Clearway Energy (CWEN) FCF Payout Ratio (2013 - 2026)
Clearway Energy's FCF Payout Ratio came in at 1.29 for Q3 2026, up 106.3% from 0.63 a year earlier and up 76.5% from the prior quarter.
Clearway Energy (CWEN) FCF Payout Ratio (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Clearway Energy reported FCF Payout Ratio of 0.63, down 21.0% year-over-year; for FY2025, it came in at 0.97, up 40.3% from FY2024.
- FCF Payout Ratio has increased in each of the last three years.
- Going back by year, FCF Payout Ratio was 0.69 in FY2024 (+9.0%), 0.63 in FY2023 (+48.2%), 0.43 in FY2022 (-12.1%) and 0.49 in FY2021 (-2.8%).
- The five-year range for quarterly FCF Payout Ratio is 0.00 (Q3 2022) to 2.23 (Q1 2025).
- Year-over-year, FCF Payout Ratio increased in four of the last seven quarters, with growth averaging 30.6%.
- The fastest year-over-year change in FCF Payout Ratio over five years came in Q4 2025 (growth of 116.5%), and the weakest in Q1 2026 (a decline of 86.9%).
- Business Quant data shows CWEN's FCF Payout Ratio at 0.73 (Q2 2026), 0.29 (Q1 2026) and 1.30 (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 98.63 Bn | 93.22 Bn | - | 0.06 |
| 2 | Vistra | 44.52 Bn | 35.00 Bn | - | 0.06 |
| 3 | AXIA Energia | 24.30 Bn | 11.28 Bn | 2.59 Bn | - |
| 4 | Nrg Energy | 20.38 Bn | 15.19 Bn | 2.23 Bn | 0.23 |
| 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 | - | 1.29 |
| 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
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.29 |
| Jun 30, 2026 | 0.73 |
| Mar 31, 2026 | 0.29 |
| Dec 31, 2025 | 1.30 |
| Sep 30, 2025 | 0.63 |
| Jun 30, 2025 | 0.77 |
| Mar 31, 2025 | 2.23 |
| Dec 31, 2024 | 0.60 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 0.90 |
| Dec 31, 2023 | 0.58 |
| Sep 30, 2023 | 0.00 |
| Jun 30, 2023 | 0.00 |
| Dec 31, 2022 | 0.46 |
| Sep 30, 2022 | 0.00 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 1.52 |
| Dec 31, 2021 | 0.48 |
| Sep 30, 2021 | 0.00 |
| Jun 30, 2021 | 0.00 |
Clearway Energy FCF Payout Ratio 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-payout-ratio&ticker=CWEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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-payout-ratio&ticker=CWEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();