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Discontinued — last reported Q4 '22

Gross margin at other companies

AES logo
AESAES
19.3%+1.7pp
Quanta Services logo
Quanta ServicesPWR
15.5%+0.4pp
GE Vernova logo
GE VernovaGEV
20.2%+2.3pp
Ormat Technologies logo
Ormat TechnologiesORA
27.9%-1.0pp
NET Power logo
NET PowerNPWR
91.7%+4.3pp

Other financials

Income statement

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Revenue$354.0M+18.8%
Gross profit$351.0M+48.1%
Operating income$20.0M
Net income-$163.0M-5,333%
EPS (diluted)-$1.35-6,650%

Balance sheet

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Cash & equivalents$680.0M-4.4%
Total debt$9.9B+21.0%
Total equity$5.5B+1.5%
Total assets$16.9B+15.6%

Cash flow

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Operating cash flow$401.0M+322%
CapEx$75.0M+33.9%
Free cash flow$326.0M+736%

Valuation

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Market cap$6.74B+89.3%
Enterprise value$16.01B+32.0%
P/S4.5×+2.1×

Profitability

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Operating margin17.1%-5.2pp
Net margin-6.7%-12.9pp
FCF margin44.2%+5.8pp

Returns & leverage

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Return on equity-1.8%-3.5pp
Debt / equity1.8×+0.3×
Current ratio1.1×-0.4×

Where this comes from

Calculated from Clearway Energy, Inc.’s reported figures.

Based on trailing twelve months.

The source filing: Clearway Energy, Inc.’s 10-K, filed February 22, 2024. Open the filing →

Filed
Feb 22, 2024
Fiscal year
FY2023
Accession
0001567683-24-000007

FAQ

What is Clearway Energy, Inc.'s gross margin?
Clearway Energy, Inc. (CWEN) reported gross margin of 63.4% in Q4 2022.
How has Clearway Energy, Inc.'s gross margin changed year-over-year?
Clearway Energy, Inc.'s gross margin decreased by 2.3% year-over-year, from 64.9% to 63.4%.
What is the long-term trend for Clearway Energy, Inc.'s gross margin?
Over 2 years (2020 to 2022), Clearway Energy, Inc.'s gross margin has grown at a -4.4% compound annual growth rate (CAGR), from 69.5% to 63.4%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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