Clearway Energy (CWEN) Return on Invested Capital [ROIC] (2013 - 2026)
Clearway Energy's Return on Invested Capital [ROIC] was 1.45% in Q2 2026, down 0.21 percentage points from 1.66% a year earlier but up 0.21 percentage points from the prior quarter.
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Analysis
Clearway Energy (CWEN) Return on Invested Capital [ROIC] (2013 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Clearway Energy came in at 1.18%, down 0.34 percentage points from FY2024.
- Return on Invested Capital [ROIC] has now declined for three consecutive years, with a five-year change of -2.38 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 1.52% in FY2024 (-0.41 pp), 1.93% in FY2023 (-9.20 pp), 11.13% in FY2022 (+8.55 pp) and 2.58% in FY2021 (-0.98 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between 0.23% (Q3 2023) and 11.90% (Q1 2023) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for four straight quarters, with an average year-over-year change of +0.06 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q1 2023 (a gain of 9.82 percentage points); the worst was Q3 2023 (a drop of 10.65 percentage points).
- Per Business Quant data, CWEN's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 1.24% (Q1 2026), 1.12% (Q4 2025) and 0.85% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 91.41 Bn | 82.66 Bn | - | 5.52% |
| 2 | Vistra | 47.03 Bn | 40.22 Bn | - | 11.31% |
| 3 | AXIA Energia | 30.66 Bn | 17.59 Bn | 2.59 Bn | - |
| 4 | Nrg Energy | 20.02 Bn | 14.24 Bn | 2.01 Bn | 5.82% |
| 5 | Talen Energy | 15.36 Bn | 12.95 Bn | - | 0.92% |
| 6 | Enlight Renewable Energy | 8.80 Bn | 5.72 Bn | 117.49 Mn | 4.47% |
| 7 | Brookfield Renewable Partners | 7.72 Bn | 29.09 Bn | 927.00 Mn | 83.96% |
| 8 | Oklo | 6.64 Bn | 6.64 Bn | - | - |
| 9 | Clearway Energy | 6.34 Bn | 8.91 Bn | - | 1.45% |
| 10 | Ormat Technologies | 5.71 Bn | 4.45 Bn | 68.70 Mn | 6.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.45% |
| Mar 31, 2026 | 1.24% |
| Dec 31, 2025 | 1.12% |
| Sep 30, 2025 | 0.85% |
| Jun 30, 2025 | 1.66% |
| Mar 31, 2025 | 1.75% |
| Dec 31, 2024 | 1.54% |
| Sep 30, 2024 | 1.14% |
| Jun 30, 2024 | 0.85% |
| Mar 31, 2024 | 1.27% |
| Dec 31, 2023 | 1.86% |
| Sep 30, 2023 | 0.23% |
| Jun 30, 2023 | 2.38% |
| Mar 31, 2023 | 11.90% |
| Dec 31, 2022 | 11.07% |
| Sep 30, 2022 | 10.88% |
| Jun 30, 2022 | 10.90% |
| Mar 31, 2022 | 2.08% |
| Dec 31, 2021 | 2.45% |
| Sep 30, 2021 | 1.83% |
API Access
Clearway Energy Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=CWEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=CWEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();