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Clearway Energy, Inc. CWEN Total Cost of Revenue

Discontinued — last reported Q3 '24

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Segments

By segment

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Renewables & Storage$104M+14.3%
Flexible Generation$30M-3.2%

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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Gross margin63.4%-1.5pp
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

Reported directly by Clearway Energy, Inc. in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The source filing: Clearway Energy, Inc.’s 10-Q, filed October 30, 2024.

Filed
Oct 30, 2024
Fiscal quarter
Q3 FY2024
Calendar quarter
Q3 2024
Accession
0001567683-24-000029
(In millions)Conventional GenerationRenewablesCorporate (a)Total
Operating revenues$102$384$486
Cost of operations, exclusive of depreciation, amortization and accretion shown separately below4195(1)135
Depreciation, amortization and accretion29135164
General and administrative99
Operating income (loss)32154(8)178
Equity in earnings of unconsolidated affiliates11213
Other income, net1618
Interest expense(9)(106)(24)(139)

ITEM 1 — FINANCIAL STATEMENTS

FAQ

What is Clearway Energy, Inc.'s total cost of revenue?
Clearway Energy, Inc. (CWEN) reported total cost of revenue of $135M in Q3 2024.
How has Clearway Energy, Inc.'s total cost of revenue changed year-over-year?
Clearway Energy, Inc.'s total cost of revenue increased by 0.7% year-over-year, from $134M to $135M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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