Clearway Energy (CWEN) Tax Rate (2012 - 2025)
Clearway Energy (CWEN) reported Tax Rate of -11.11% for Q2 2026, down 40.52 percentage points from 29.41% a year earlier and down 13.97 percentage points from the prior quarter.
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Analysis
Clearway Energy (CWEN) Tax Rate (2012 - 2025) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Clearway Energy's Tax Rate came in at -35.11%, up 15.55 percentage points year-over-year; for FY2025, it was -32.00%, up 58.91 percentage points from FY2024.
- Tax Rate has a five-year change of -17.19 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at -90.91% in FY2024 (-103.41 pp), 12.50% in FY2023 (-4.82 pp), 17.32% in FY2022 (+36.36 pp) and -19.05% in FY2021 (-4.23 pp).
- Five-year quarterly Tax Rate spans a low of -106.90% in Q3 2025 and a high of 79.17% in Q3 2023.
- The high point for year-over-year Tax Rate in five years was Q4 2022 (a gain of 96.74 percentage points); the low point was Q3 2025 (a drop of 161.90 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 2.86% (Q1 2026), -70.09% (Q4 2025) and -106.90% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 89.97 Bn | 81.22 Bn | - | 44.22% |
| 2 | Vistra | 47.08 Bn | 40.28 Bn | - | 28.57% |
| 3 | AXIA Energia | 32.91 Bn | 19.89 Bn | 2.59 Bn | 2.17% |
| 4 | Nrg Energy | 19.42 Bn | 13.64 Bn | 2.01 Bn | 23.68% |
| 5 | Talen Energy | 15.71 Bn | 13.29 Bn | - | - |
| 6 | Enlight Renewable Energy | 9.04 Bn | 5.87 Bn | 117.49 Mn | 24.69% |
| 7 | Brookfield Renewable Partners | 7.90 Bn | 8.14 Bn | 927.00 Mn | - |
| 8 | Clearway Energy | 6.73 Bn | 9.29 Bn | - | - |
| 9 | Ormat Technologies | 5.35 Bn | 4.09 Bn | 68.70 Mn | - |
| 10 | ReNew Energy Global | 5.01 Bn | 3.43 Bn | - | 28.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 29.41% |
| Sep 30, 2024 | 55.00% |
| Jun 30, 2024 | 71.43% |
| Sep 30, 2023 | 79.17% |
| Jun 30, 2023 | 20.75% |
| Sep 30, 2022 | 17.33% |
| Jun 30, 2022 | 16.38% |
| Sep 30, 2021 | 3.85% |
| Jun 30, 2021 | 17.95% |
| Sep 30, 2020 | 17.65% |
| Jun 30, 2020 | 25.49% |
| Sep 30, 2018 | 18.33% |
| Jun 30, 2018 | 6.80% |
| Sep 30, 2017 | 20.51% |
| Jun 30, 2017 | 15.38% |
| Sep 30, 2016 | 20.63% |
| Jun 30, 2016 | 15.79% |
| Dec 31, 2015 | 17.39% |
| Sep 30, 2015 | 20.00% |
| Jun 30, 2015 | 9.52% |
API Access
Clearway Energy Tax Rate 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=tax-rate&ticker=CWEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=CWEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();