Clearway Energy Past Earnings Performance
Past criteria checks 4/6
Clearway Energy has been growing earnings at an average annual rate of 32.2%, while the Renewable Energy industry saw earnings growing at 13% annually. Revenues have been growing at an average rate of 4.3% per year.
Key information
32.2%
Earnings growth rate
32.2%
EPS growth rate
| Renewable Energy Industry Growth | -5.8% |
| Revenue growth rate | 4.3% |
| Return on equity | -1.6% |
| Net Margin | 8.9% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Investors Still Waiting For A Pull Back In Clearway Energy, Inc. (NYSE:CWEN.A)
Oct 28
Should You Investigate Clearway Energy, Inc. (NYSE:CWEN.A) At US$28.53?
Oct 02Clearway Energy (NYSE:CWEN.A) Will Be Hoping To Turn Its Returns On Capital Around
Sep 05We Like Clearway Energy's (NYSE:CWEN.A) Earnings For More Than Just Statutory Profit
Aug 09Earnings Miss: Clearway Energy, Inc. Missed EPS By 35% And Analysts Are Revising Their Forecasts
Aug 04Clearway Energy, Inc.'s (NYSE:CWEN.A) Business Is Yet to Catch Up With Its Share Price
Jun 18At US$24.90, Is Clearway Energy, Inc. (NYSE:CWEN.A) Worth Looking At Closely?
May 22Here's Why Shareholders May Want To Be Cautious With Increasing Clearway Energy, Inc.'s (NYSE:CWEN.A) CEO Pay Packet
Apr 19There Are Reasons To Feel Uneasy About Clearway Energy's (NYSE:CWEN.A) Returns On Capital
Apr 01Should You Investigate Clearway Energy, Inc. (NYSE:CWEN.A) At US$22.31?
Feb 04Clearway Energy, Inc.'s (NYSE:CWEN.A) Shareholders Might Be Looking For Exit
Dec 29Clearway Energy: My Largest Renewable Energy Position, 6.1% Dividend Yield
Dec 28Is There An Opportunity With Clearway Energy, Inc.'s (NYSE:CWEN.A) 32% Undervaluation?
Nov 30At US$20.37, Is Clearway Energy, Inc. (NYSE:CWEN.A) Worth Looking At Closely?
Nov 01Is There An Opportunity With Clearway Energy, Inc.'s (NYSE:CWEN.A) 39% Undervaluation?
Aug 15Is It Too Late To Consider Buying Clearway Energy, Inc. (NYSE:CWEN.A)?
Jun 27Clearway Energy, Inc.'s (NYSE:CWEN.A) Intrinsic Value Is Potentially 88% Above Its Share Price
May 17Should You Be Adding Clearway Energy (NYSE:CWEN.A) To Your Watchlist Today?
Apr 29Should You Think About Buying Clearway Energy, Inc. (NYSE:CWEN.A) Now?
Mar 10Is Clearway Energy, Inc. (NYSE:CWEN.A) Trading At A 35% Discount?
Jan 22If EPS Growth Is Important To You, Clearway Energy (NYSE:CWEN.A) Presents An Opportunity
Jan 04These 4 Measures Indicate That Clearway Energy (NYSE:CWEN.A) Is Using Debt Extensively
Dec 11When Should You Buy Clearway Energy, Inc. (NYSE:CWEN.A)?
Nov 23Clearway Energy GAAP EPS of $0.28 beats by $0.10, revenue of $340M misses by $36.28M
Nov 02If EPS Growth Is Important To You, Clearway Energy (NYSE:CWEN.A) Presents An Opportunity
Sep 19Clearway Energy: YieldCo Offers Exposure To New Clean Energy Boom
Sep 05Clearway Energy (NYSE:CWEN.A) Has A Somewhat Strained Balance Sheet
Aug 23Is There An Opportunity With Clearway Energy, Inc.'s (NYSE:CWEN.A) 22% Undervaluation?
Jul 27Revenue & Expenses Breakdown
How Clearway Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 1,364 | 122 | 37 | 0 |
| 30 Jun 24 | 1,249 | 90 | 37 | 0 |
| 31 Mar 24 | 1,289 | 77 | 37 | 0 |
| 31 Dec 23 | 1,314 | 79 | 36 | 0 |
| 30 Sep 23 | 1,333 | 54 | 37 | 0 |
| 30 Jun 23 | 1,302 | 82 | 36 | 0 |
| 31 Mar 23 | 1,264 | 614 | 38 | 1 |
| 31 Dec 22 | 1,190 | 582 | 40 | 2 |
| 30 Sep 22 | 1,240 | 562 | 41 | 3 |
| 30 Jun 22 | 1,251 | 551 | 43 | 6 |
| 31 Mar 22 | 1,263 | 16 | 42 | 6 |
| 31 Dec 21 | 1,286 | 51 | 40 | 6 |
| 30 Sep 21 | 1,248 | 34 | 34 | 6 |
| 30 Jun 21 | 1,229 | 44 | 33 | 5 |
| 31 Mar 21 | 1,178 | 57 | 35 | 5 |
| 31 Dec 20 | 1,199 | 25 | 34 | 5 |
| 30 Sep 20 | 1,154 | 44 | 39 | 5 |
| 30 Jun 20 | 1,118 | 52 | 37 | 4 |
| 31 Mar 20 | 1,073 | -20 | 32 | 5 |
| 31 Dec 19 | 1,032 | -11 | 29 | 5 |
| 30 Sep 19 | 1,026 | -73 | 23 | 6 |
| 30 Jun 19 | 1,022 | -91 | 22 | 6 |
| 31 Mar 19 | 1,045 | 12 | 21 | 4 |
| 31 Dec 18 | 1,053 | 48 | 20 | 3 |
| 30 Sep 18 | 1,055 | 46 | 22 | 1 |
| 30 Jun 18 | 1,032 | 54 | 20 | 0 |
| 31 Mar 18 | 1,013 | 3 | 20 | 0 |
| 31 Dec 17 | 1,009 | -16 | 19 | 0 |
| 30 Sep 17 | 1,024 | 41 | 20 | 0 |
| 30 Jun 17 | 1,027 | 45 | 20 | 0 |
| 31 Mar 17 | 1,022 | 49 | 17 | 0 |
| 31 Dec 16 | 1,035 | 57 | 16 | 0 |
| 30 Sep 16 | 1,013 | 81 | 13 | 0 |
| 30 Jun 16 | 997 | 65 | 12 | 0 |
| 31 Mar 16 | 987 | 43 | 12 | 0 |
| 31 Dec 15 | 968 | 33 | 12 | 0 |
| 30 Sep 15 | 978 | 22 | 10 | 0 |
| 30 Jun 15 | 906 | 11 | 10 | 0 |
| 31 Mar 15 | 806 | 9 | 9 | 0 |
| 31 Dec 14 | 828 | 16 | 8 | 0 |
| 30 Sep 14 | 615 | 20 | 9 | 0 |
| 30 Jun 14 | 557 | 23 | 7 | 0 |
| 31 Mar 14 | 466 | 4 | 7 | 0 |
| 31 Dec 13 | 387 | 13 | 7 | 0 |
Quality Earnings: CWEN.A has a large one-off loss of $26.0M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: CWEN.A's current net profit margins (8.9%) are higher than last year (4.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CWEN.A has become profitable over the past 5 years, growing earnings by 32.2% per year.
Accelerating Growth: CWEN.A's earnings growth over the past year (125.9%) exceeds its 5-year average (32.2% per year).
Earnings vs Industry: CWEN.A earnings growth over the past year (125.9%) exceeded the Renewable Energy industry 12.9%.
Return on Equity
High ROE: CWEN.A's Return on Equity (-1.6%) is considered low.