ReNew Energy Global (RNW) FCF Margin (2020 - 2026)
ReNew Energy Global's FCF Margin came in at 66.39% for fiscal Q2 2027 (quarter ended Sep 30, 2026), down 13.27 percentage points from 79.66% a year earlier but up 17.98 percentage points from the prior quarter.
ReNew Energy Global (RNW) FCF Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, ReNew Energy Global reported FCF Margin of 64.13%, down 0.85 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was -9.44%, up 17.41 percentage points from FY2025.
- FCF Margin carries a four-year change of +59.09 percentage points (FY2022 to FY2026).
- Going back by fiscal year, FCF Margin was -26.85% in FY2025 (+77.56 pp), -104.41% in FY2024 (-81.13 pp), -23.28% in FY2023 (+45.26 pp) and -68.53% in FY2022.
- The five-year range for quarterly FCF Margin is 30.55% (fiscal Q1 2026) to 171.07% (fiscal Q3 2023).
- Year-over-year, FCF Margin increased in two of the last eight quarters, with an average year-over-year change of -15.97 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in fiscal Q4 2024 (a gain of 100.70 percentage points), and the weakest in fiscal Q4 2025 (a drop of 85.51 percentage points).
- Business Quant data shows RNW's FCF Margin at 48.41% (Q1 2027), 61.36% (Q4 2026) and 90.00% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 99.25 Bn | 90.15 Bn | - | -1.57% |
| 2 | Vistra | 45.00 Bn | 38.18 Bn | - | 8.31% |
| 3 | AXIA Energia | 25.07 Bn | 12.05 Bn | 2.59 Bn | 0.00% |
| 4 | Nrg Energy | 20.48 Bn | 14.70 Bn | 2.01 Bn | 10.41% |
| 5 | Talen Energy | 17.28 Bn | 15.00 Bn | - | 22.31% |
| 6 | Enlight Renewable Energy | 8.62 Bn | 4.92 Bn | 124.81 Mn | 461.12% |
| 7 | Brookfield Renewable Partners | 7.93 Bn | -20.71 Bn | - | - |
| 8 | Ormat Technologies | 5.82 Bn | 4.15 Bn | 77.38 Mn | -26.51% |
| 9 | Oklo | 4.73 Bn | -2.09 Bn | - | -11,709.34% |
| 10 | ReNew Energy Global | 2.52 Bn | 874.42 Mn | - | 66.39% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 66.39% |
| Jun 30, 2026 | 48.41% |
| Mar 31, 2026 | 61.36% |
| Dec 31, 2025 | 90.00% |
| Sep 30, 2025 | 79.66% |
| Jun 30, 2025 | 30.55% |
| Mar 31, 2025 | 71.18% |
| Dec 31, 2024 | 100.00% |
| Sep 30, 2024 | 75.55% |
| Jun 30, 2024 | 43.43% |
| Mar 31, 2024 | 156.68% |
| Dec 31, 2023 | 118.23% |
| Sep 30, 2023 | 73.08% |
| Jun 30, 2023 | 63.32% |
| Mar 31, 2023 | 55.99% |
| Dec 31, 2022 | 171.07% |
| Sep 30, 2022 | 105.42% |
| Jun 30, 2022 | 34.16% |
| Mar 31, 2022 | 131.47% |
| Dec 31, 2021 | 98.75% |
ReNew Energy Global FCF 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=fcf-margin&ticker=RNW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "RNW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=RNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();