Company Analysis

Clearway Energy, Inc. (CWEN)

NYSE: CWEN · Electric Services · Princeton, NJ · filing with the SEC since 2013
Grade3.8
◀ Past 2.7● Present 3.9▶ Future 4.6

The grade of Clearway Energy, Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.8/10
◀ Past2.725% of the headline
● Present3.945% of the headline
▶ Future4.630% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

2.7/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
0.8/10

Has it survived what it has been through?

4 warning events since 2017; the latest 2024-05-10.

weight 45% of this tense · 8th percentile among 59 sector filers · read for itself

From the record

Clearway Energy, Inc.'s filings since 2017 show 4 warning events of 3 kinds: a debt default or acceleration notice (8-K item 2.04, the latest 2018-09-05); a notice about its exchange listing (8-K item 3.01, the latest 2019-01-09); an auditor change (8-K item 4.01, 2 times, the latest 2024-05-10) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.4/10

What has it actually done, year after year?

+3.6% a year over 10 filed years; profitable in 3 of 10.

weight 22% of this tense · 34th percentile among 51 sector filers · read for its customers

From the record

Clearway Energy, Inc.'s 10 filed years say what it did: revenue went from $1.0 billion in fiscal 2016 to $1.4 billion in fiscal 2025, up 3.6% a year; it rose in 6 of 9 years; the deepest fall was 7% from fiscal 2021 to fiscal 2022; net income was positive in 3 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span3.6%bottom 25% of its family
  • the share of years revenue rosebottom 41% of its family
  • the share of filed years with a profitbottom 7% of its family
  • the deepest fall from a revenue peak7.5%top 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
4.8/10

How has it treated the people who own it?

Share count steady. 0% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 33% of this tense · 48th percentile among 39 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Clearway Energy, Inc.'s diluted share count held steady, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-10-20 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 23% of its family
  • cash returned against operating cash flowbottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

3.9/1045% of the headline grade · 3 of 3 filed

Financial health

as filed
4.8/10

Is it financially healthy right now?

ROE -4%: lost 4¢ per shareholder dollar. Leverage 65%: owes 65¢ per asset dollar.

weight 45% of this tense · 48th percentile among 53 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Clearway Energy, Inc. lost about 4 cents for every dollar of shareholders' money, and gross profitability: its products earned about 5 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 65 cents per dollar of assets, and net share issuance: its share count was unchanged over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 40% of its family
  • return on equitybottom 22% of its family
  • gross profit against assetsbottom 39% of its family
  • the share count against the year beforetop 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.4/10

How strong is its position in its industry?

bottom 34% of 52 in its family; net margin -16.2%.

weight 33% of this tense · 34th percentile among 52 sector filers · read for its customers

From the record

Clearway Energy, Inc.'s standing among 52 graded names in its industry family: revenue of $1.4 billion in fiscal 2025 ranks in the bottom 27% by size; a net margin of -16.2% ranks in the bottom 13%; revenue growth of 6.3% a year over the last 3 filed years ranks in the top 37% (its annual reports).

What it rests on

  • revenue against the family$1.43Bbottom 27% of its family
  • net margin-16.2%bottom 13% of its family
  • three-year revenue growth6.3%top 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
2.7/10

What are the people in charge doing?

bottom 27% of 30 in its family for leadership; chief executive since 2024.

weight 22% of this tense · 27th percentile among 30 sector filers · read for its shareholders

From the record

Clearway Energy, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Cornelius, Craig (President & CEO, as filed), filing under that title since 2024-07-03, 2.4 years (bottom 34% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 4.7 years (bottom 32%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (bottom 15%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 11 peoplebottom 15% of its family
  • the median years the people in charge have filed4.7 yearsbottom 32% of its family
  • the chief executive's years on the record2.4 yearsbottom 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.6/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
6.0/10

How much room does it have to grow?

top 40% of 47 in its family for room to expand.

weight 22% of this tense · 60th percentile among 47 sector filers · read for itself

From the record

Clearway Energy, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $231 million against debt of $8.7 billion leaves -50.7% of its assets as net cash, bottom 6% of its family; cash from operations less capital spending is 25.8% of revenue (top 7%); a gross margin of 62.9% (top 18%) (its annual report).

What it rests on

  • cash less debt against assets-50.7%bottom 6% of its family
  • cash from operations less capital spending against revenue25.8%top 7% of its family
  • gross margin62.9%top 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.1/10

What could actually drive growth from here?

top 39% of 51 in its family for growth drivers.

weight 45% of this tense · 61st percentile among 51 sector filers · read for its customers

From the record

Clearway Energy, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 6.3% a year over the last three filed years against 3.6% over all 10, speeding up (top 25% of its family); the newest year grew 4.2% (bottom 30%); capital spending grew 41.7% a year (top 22%) (its annual reports). Clearway Energy, Inc. reported 2 lines of business in fiscal 2025: Renewables and Storage at $1.1 billion, Flexible Generation at $291 million. 1 of 2 grew in the latest filed year, and the largest line is 80% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span+2.6 points a yeartop 25% of its family
  • the newest year's revenue growth4.2%bottom 30% of its family
  • three-year growth of capital spending41.7%top 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
1.6/10

Did its newest year beat what its own record pointed to?

bottom 16% of 49 in its family for expectations against reality.

weight 33% of this tense · 16th percentile among 49 sector filers · read for its shareholders

From the record

Clearway Energy, Inc.'s newest year against its own record: revenue of $1.4 billion in fiscal 2025 came in 2.9% below the $1.5 billion its prior three years' pace pointed to (bottom 37% of its family); net income of $231 million against a prior three-year average of $328 million (bottom 3%); a net margin of -16.2% against 27.8% before (bottom 7%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-2.9%bottom 37% of its family
  • net income against the prior three years' average-171%bottom 3% of its family
  • net margin against its prior average-44.0 pointsbottom 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CWEN · research, not advice