# Clearway Energy Inc. (CWEN) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Utilities / Independent Power and Renewable Electricity Producers. Price $31.82, market value $7.8 billion.

## Valuation
- **P/E (trailing): 37.0×** (5-yr avg 34.3×, 3-yr avg 33.7×). Clearway Energy Inc. trades at 37.0× trailing earnings, close to its own five-year average of 34.3×. The Utilities median in the September 2026 study was 21.2×. Forward P/E is 19.4×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 5.0×**. Each dollar of revenue is priced at 5.0×.
- **Price / book: 2.1×**. The shares trade at 2.1× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 16.9×**. Enterprise value is 16.9× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 8.5%** (5-yr avg 55.6%). Free cash flow equals 8.5% of the market value, below its five-year average of 55.6%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 2.7%**. The inverse of the P/E: 2.7% of the price is earned each year.

## Profitability
- **Operating margin: 13.4%**. 13.4% of revenue is left after running the business.
- **Net margin: 11.8%**. 11.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 2.9%**. 2.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 1.2%**. Return on all capital, debt included, is 1.2%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 0.6%**. Each dollar of assets produces 0.6% of profit.

## Growth
- **Revenue growth (1 yr): 4.2%** (3-yr 6.3%/yr, 5-yr 3.6%/yr). Revenue grew 4.2% over the last year, against 3.6% a year compounded over five years.
- **Free-cash-flow growth (3 yr): -18.2%/yr**. Free cash flow has compounded at -18.2% a year over three years.

## Financial health
- **Debt to equity: 1.43**. Debt is 1.43 times equity, a leveraged balance sheet, which is normal for utilities.
- **Net debt / EBITDA: 8.6×**. It would take 8.6 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 1.04**. A Z-score of 1.04 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 5.83%** ($1.83 per share, trailing). Clearway Energy Inc. yields 5.83%, an income-level yield.
- **Consecutive years of increases: 6**. 6 straight years of increases.
- **Dividend growth (5 yr): 11.0%/yr** (1-yr 6.9%). The dividend has compounded at 11.0% a year over five years, doubling roughly every 7 years at that pace.

## Analyst view
- **Analyst consensus: strong_buy** (12 analysts). 12 analysts cover Clearway Energy Inc.; the consensus is strong_buy, with an average price target of $43.50 (+37% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 15.0%** (YTD -2.1%, 3-mo -19.9%). The shares are up 15.0% over twelve months including dividends.
- **From 52-week high: -23.8%** (15.0% above the low). Trading 24% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 41**. An RSI of 41 is neutral.
- **Beta (1 yr): 0.69** (volatility 31%). Beta of 0.69 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CWEN · Page: https://foliofundamentals.com/stocks/cwen

Not investment advice.