Clearway Energy (CWEN) Operating Margin (2012 - 2026)
Clearway Energy's (CWEN) quarterly Operating Margin came in at 5.65% in Q1 2026, up 147.34% on a QoQ basis from 11.94% in Q4 2025.
Analysis
Clearway Energy (CWEN) Operating Margin (2012 - 2026) Analysis & Trends
Clearway Energy (CWEN) has 15 years of Operating Margin data on file, last reported at 5.65% in Q1 2026.
- Quarterly Operating Margin changed N/A year-over-year to 5.65% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.12% (down 388.0% YoY) and the FY2025 annual result came in at 11.2%, down 310.0% from the prior year.
- Operating Margin improved to 5.65% in Q1 2026, from 11.94% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 382.07% in Q2 2022 to a low of 24.77% in Q1 2022.
- A 5-year average of 33.5% and a median of 18.13% in 2025 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin soared 34707 bps — and 2023, when it plunged 34537 bps.
- Tracing CWEN's Operating Margin over 5 years: stood at 4.48% in 2022, then plunged by 297 bps to 8.84% in 2023, then sank by 64 bps to 14.45% in 2024, then rose by 17 bps to 11.94% in 2025, then jumped by 147 bps to 5.65% in 2026.
- The last three Operating Margin figures came in at 5.65% (Q1 2026), 11.94% (Q4 2025), and 26.11% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.72 Bn | 28.40 Bn | 2.59 Bn | 41.22% |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.16 Bn | 117.49 Mn | 54.78% |
| 3 | Ormat Technologies | 6.42 Bn | 5.77 Bn | 68.70 Mn | 13.22% |
| 4 | Brookfield Renewable Partners | 4.65 Bn | 2.41 Bn | 927.00 Mn | 24.62% |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | 24.12% |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | 18.68% |
| 7 | Fluence Energy | 1.46 Bn | 894.31 Mn | 33.24 Mn | -4.58% |
| 8 | XPLR Infrastructure | 1.12 Bn | 1.12 Bn | 219.00 Mn | 16.53% |
| 9 | Energy Vault Holdings | 621.58 Mn | 514.23 Mn | 5.38 Mn | -141.97% |
| 10 | Eco Wave Power Global AB (publ) | 283.14 Mn | 283.14 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.12% |
| Mar 31, 2026 | 5.65% |
| Dec 31, 2025 | -11.94% |
| Sep 30, 2025 | 26.11% |
| Jun 30, 2025 | 21.68% |
| Dec 31, 2024 | -14.45% |
| Sep 30, 2024 | 36.63% |
| Jun 30, 2024 | 22.95% |
| Mar 31, 2024 | -11.03% |
| Dec 31, 2023 | -8.84% |
| Sep 30, 2023 | 25.34% |
| Jun 30, 2023 | 36.70% |
| Mar 31, 2023 | 14.58% |
| Dec 31, 2022 | 4.48% |
| Sep 30, 2022 | 30.88% |
| Jun 30, 2022 | 382.07% |
| Mar 31, 2022 | -24.77% |
| Dec 31, 2021 | 18.55% |
| Sep 30, 2021 | 25.36% |
| Jun 30, 2021 | 35.00% |