Clearway Energy (CWEN) Operating Margin (2012 - 2026)
Clearway Energy (CWEN) recorded Operating Margin of 24.12% in Q2 2026, up 2.43 percentage points from 21.68% a year earlier and up 18.47 percentage points from the prior quarter.
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Analysis
Clearway Energy (CWEN) Operating Margin (2012 - 2026) Analysis & Trends
On a TTM basis, Clearway Energy's Operating Margin came in at 13.41% as of Jun 30, 2026, down 2.38 percentage points year-over-year; for FY2025, it was 11.20%, down 3.10 percentage points from FY2024.
- Annual Operating Margin has declined for three straight years, with a five-year change of -16.58 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 14.30% in FY2024 (-5.72 pp), 20.02% in FY2023 (-103.51 pp), 123.53% in FY2022 (+102.77 pp) and 20.76% in FY2021 (-7.01 pp).
- Quarterly Operating Margin has ranged from -24.77% in Q1 2022 to 382.07% in Q2 2022 over the past five years.
- On a year-over-year basis, Operating Margin rose in three of the last six quarters, with an average year-over-year change of -0.19 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 347.07 percentage points in Q2 2022, against a drop of 345.37 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.65% (Q1 2026), -11.94% (Q4 2025) and 26.11% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 97.15 Bn | 88.06 Bn | - | 7.73% |
| 2 | Vistra | 44.79 Bn | 37.97 Bn | - | 13.77% |
| 3 | AXIA Energia | 24.76 Bn | 12.66 Bn | - | - |
| 4 | Nrg Energy | 20.65 Bn | 14.87 Bn | 2.01 Bn | 13.05% |
| 5 | Talen Energy | 17.32 Bn | 15.04 Bn | - | 19.22% |
| 6 | Enlight Renewable Energy | 8.81 Bn | 6.25 Bn | 117.49 Mn | 54.78% |
| 7 | Brookfield Renewable Partners | 7.95 Bn | -1.16 Bn | - | - |
| 8 | Ormat Technologies | 5.74 Bn | 4.07 Bn | 77.38 Mn | 16.45% |
| 9 | Oklo | 4.68 Bn | -2.15 Bn | - | -6,048.76% |
| 10 | Clearway Energy | 3.78 Bn | 2.72 Bn | - | 24.12% |
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% |
API Access
Clearway Energy Operating 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=operating-margin&ticker=CWEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=CWEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();