# Clearway Energy Inc. (CWEN)

**Exchange:** NYSE  
**Sector:** Utilities  
**Market cap:** $1.31B  
**Price:** $37.40 (-3.95%)

> Clearway Energy Inc. is a leading owner and operator of clean energy generation assets across the United States. The company focuses on sustainable power infrastructure, managing a diversified portfolio that includes wind, solar, and battery energy storage systems, alongside dispatchable combustion-based power generation assets that ensure grid reliability during peak demand. Clearway Energy Inc. structures its operations into key segments: Flexible Generation, which handles reliable, on-demand power supply; Renewables & Storage, encompassing variable renewable sources and energy storage solutions; and Corporate, overseeing financing and overall management. With assets spanning more than two dozen states, it plays a vital role in the transition to cleaner energy by providing stable, primarily contracted electricity generation. Sponsored by Clearway Energy Group, the company emphasizes long-term contracted assets to support consistent cash flows. Founded in 2013 and headquartered in Princeton, New Jersey, Clearway Energy Inc. stands as a prominent player in the U.S. renewable energy and utilities sector, contributing to modern, low-carbon power infrastructure.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.43B | $899M | $160M | $169M | — |
| 2024 | $1.37B | $870M | $196M | $88M | — |
| 2023 | $1.31B | $841M | $263M | $79M | — |
| 2022 | $1.19B | $755M | $1.47B | $582M | — |
| 2021 | $1.29B | $835M | $267M | $51M | — |
| 2020 | $1.20B | $833M | $333M | $25M | — |
| 2019 | $239M | -$98M | $224M | -$11M | — |
| 2018 | $245M | -$82M | $347M | $48M | — |
| 2017 | $1.01B | $683M | $283M | -$16M | — |
| 2016 | $1.03B | $727M | $222M | — | — |
| 2015 | $968M | $645M | $326M | — | — |
| 2014 | $828M | $551M | $306M | — | — |
| 2013 | $387M | $239M | $158M | — | — |
| 2012 | $175M | $61M | $29M | — | — |
| 2011 | $164M | $56M | $28M | — | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $16.66B | $10.74B | $5.81B | $231M | $8.67B |
| 2024 | $14.33B | $8.77B | $5.56B | $332M | $7.24B |
| 2023 | $14.70B | $9.71B | $4.99B | $535M | $8.10B |
| 2022 | $12.31B | $8.28B | $4.03B | $657M | $6.87B |
| 2021 | $12.81B | $9.51B | $3.30B | $179M | $8.20B |
| 2020 | $10.59B | $7.88B | $2.71B | $268M | $7.04B |
| 2019 | $9.70B | $7.44B | $2.26B | $155M | $6.86B |
| 2018 | $8.50B | $6.28B | $2.22B | $407M | $6.04B |
| 2017 | $8.49B | $6.33B | $2.16B | $148M | $6.08B |
| 2016 | $8.96B | $6.36B | $2.62B | $322M | $6.15B |
| 2015 | $8.69B | $5.95B | $2.90B | $111M | $5.66B |
| 2014 | $7.86B | $5.24B | $2.91B | $429M | $4.99B |
| 2013 | $3.24B | $1.99B | $1.59B | $59M | $1.78B |
| 2012 | $1.96B | $1.12B | $1.24B | $22M | $807M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $688M | $319M | $369M |
| 2024 | $770M | $287M | $483M |
| 2023 | $702M | $212M | $490M |
| 2022 | $787M | $112M | $675M |
| 2021 | $701M | $151M | $550M |
| 2020 | $545M | $124M | $421M |
| 2019 | $477M | $228M | $249M |
| 2018 | $498M | $83M | $415M |
| 2017 | $517M | $190M | $327M |
| 2016 | $577M | $20M | $557M |
| 2015 | $425M | $29M | $396M |
| 2014 | $362M | $60M | $302M |
| 2013 | $120M | $353M | -$233M |
| 2012 | $56M | $564M | -$508M |
| 2011 | $33M | $132M | -$99M |

Source: [CompaniesByCap](https://companiesbycap.com/company/CWEN)