Clearway Energy (CWEN) Free Cash Flow (2012 - 2026)
Clearway Energy (CWEN) recorded Free Cash Flow of $76 million in Q3 2026, down 47.2% from $144 million a year earlier and down 41.5% from the prior quarter.
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Analysis
Clearway Energy (CWEN) Free Cash Flow (2012 - 2026) Analysis & Trends
On a TTM basis, Clearway Energy's Free Cash Flow came in at $603 million as of Sep 30, 2026, up 37.0% year-over-year; for FY2025, it was $369 million, down 23.6% from FY2024.
- Annual Free Cash Flow has declined for three straight years, with a five-year compound annual growth rate of -2.6% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $483 million in FY2024 (-1.4%), $490 million in FY2023 (-27.4%), $675 million in FY2022 (+22.7%) and $550 million in FY2021 (+30.6%).
- Quarterly Free Cash Flow has ranged from -$17 million in Q1 2024 to $326 million in Q1 2026 over the past five years.
- On a year-over-year basis, Free Cash Flow rose in four of the last seven quarters, with growth averaging 90.6%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 735.9% in Q1 2026, against a decline of 50.0% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $130 million (Q2 2026), $326 million (Q1 2026) and $71 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 98.63 Bn | 93.22 Bn | - | 2.49 Bn |
| 2 | Vistra | 44.52 Bn | 35.00 Bn | - | 1.36 Bn |
| 3 | AXIA Energia | 24.30 Bn | 11.28 Bn | 2.59 Bn | 1,539.52 |
| 4 | Nrg Energy | 20.38 Bn | 15.19 Bn | 2.23 Bn | 571.00 Mn |
| 5 | Talen Energy | 17.79 Bn | 15.53 Bn | - | 296.00 Mn |
| 6 | Enlight Renewable Energy | 8.73 Bn | 5.30 Bn | 124.81 Mn | 860.96 Mn |
| 7 | Brookfield Renewable Partners | 7.94 Bn | -20.71 Bn | 23.00 Mn | 1.91 Bn |
| 8 | Clearway Energy | 7.36 Bn | 9.95 Bn | - | 76.00 Mn |
| 9 | Ormat Technologies | 5.56 Bn | 4.03 Bn | 77.38 Mn | -72.94 Mn |
| 10 | Oklo | 4.67 Bn | -3.73 Bn | 772,000.00 | -199.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 76.00 Mn |
| Jun 30, 2026 | 130.00 Mn |
| Mar 31, 2026 | 326.00 Mn |
| Dec 31, 2025 | 71.00 Mn |
| Sep 30, 2025 | 144.00 Mn |
| Jun 30, 2025 | 115.00 Mn |
| Mar 31, 2025 | 39.00 Mn |
| Dec 31, 2024 | 142.00 Mn |
| Sep 30, 2024 | 266.00 Mn |
| Jun 30, 2024 | 92.00 Mn |
| Mar 31, 2024 | -17.00 Mn |
| Dec 31, 2023 | 137.00 Mn |
| Sep 30, 2023 | 253.00 Mn |
| Jun 30, 2023 | 113.00 Mn |
| Mar 31, 2023 | -13.00 Mn |
| Dec 31, 2022 | 163.00 Mn |
| Sep 30, 2022 | 314.00 Mn |
| Jun 30, 2022 | 152.00 Mn |
| Mar 31, 2022 | 46.00 Mn |
| Dec 31, 2021 | 145.00 Mn |
API Access
Clearway Energy Free Cash Flow 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=free-cash-flow&ticker=CWEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=CWEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();