ReNew Energy Global (RNW) EBITDA Margin (2020 - 2026)
ReNew Energy Global (RNW) posted quarterly EBITDA Margin of 74.34% for Q1 2026, down 184.0% year-over-year from 88.5% in Q1 2025, and down 12.55% quarter-over-quarter from 85.0% in Q4 2025.
ReNew Energy Global (RNW) EBITDA Margin (2020 - 2026) Analysis & Trends
ReNew Energy Global (RNW) has reported EBITDA Margin for 7 consecutive years, with 74.34% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA Margin fell 184.0% year-over-year to 74.34%; the TTM figure through Mar 2026 stood at 74.43% (down 721.0% YoY), while the FY2026 annual figure was 74.52%, down 708.0% from the prior year.
- EBITDA Margin fell to 74.34% in Q1 2026 per RNW's latest filing, from 85.0% in the prior quarter.
- Across five years, EBITDA Margin topped out at 93.33% in Q3 2022 and bottomed at 51.41% in Q1 2023.
- Historically, EBITDA Margin has averaged 80.98% across 5 years, with a median of 83.21% in 2024.
- Annual changes were most pronounced in 2023 — EBITDA Margin tumbled 3438 bps — and 2024, when it jumped 4168 bps.
- ReNew Energy Global's EBITDA Margin stood at 87.9% in 2022, then slipped by 11 bps to 78.12% in 2023, then fell by 4 bps to 75.0% in 2024, then rose by 13 bps to 85.0% in 2025, then retreated by 13 bps to 74.34% in 2026.
- Business Quant data shows RNW's EBITDA Margin at 74.34% in Q1 2026, 85.0% in Q4 2025, and 72.55% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.89 Bn | 10.73 Bn | 117.49 Mn | 54.78% |
| 2 | Ormat Technologies | 6.93 Bn | 6.27 Bn | 68.70 Mn | 13.22% |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn | -42.84% |
| 4 | Clearway Energy | 3.77 Bn | 3.43 Bn | 332.00 Mn | 24.12% |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 74.34% |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn | -4.58% |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.92 Mn | - | 16.53% |
| 8 | Energy Vault Holdings | 678.26 Mn | 609.51 Mn | 4.79 Mn | -110.61% |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | 43.52% |
| 10 | Eco Wave Power Global AB (publ) | 342.25 Mn | 342.25 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 74.34% |
| Dec 31, 2025 | 85.00% |
| Sep 30, 2025 | 72.55% |
| Jun 30, 2025 | 69.67% |
| Mar 31, 2025 | 76.18% |
| Dec 31, 2024 | 75.00% |
| Sep 30, 2024 | 90.60% |
| Jun 30, 2024 | 83.21% |
| Mar 31, 2024 | 93.09% |
| Dec 31, 2023 | 78.13% |
| Sep 30, 2023 | 82.05% |
| Jun 30, 2023 | 87.64% |
| Mar 31, 2023 | 51.41% |
| Dec 31, 2022 | 87.90% |
| Sep 30, 2022 | 93.33% |
| Jun 30, 2022 | 90.75% |
| Mar 31, 2022 | 85.79% |
| Dec 31, 2021 | 88.75% |
| Sep 30, 2021 | 62.01% |
| Jun 30, 2021 | 86.79% |