Financials Clearway Energy, Inc.

Equities

CWEN.A

US18539C1053

Independent Power Producers

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
21.56 USD +0.28% Intraday chart for Clearway Energy, Inc. +1.65% -15.72%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,232 3,627 4,105 3,655 3,145 2,653 - -
Enterprise Value (EV) 1 8,595 10,131 11,637 9,811 10,647 10,094 9,977 9,755
P/E ratio -191 x 134 x 76.1 x 6 x 38.2 x 23.6 x 18.2 x 12.6 x
Yield 4.18% 3.55% 3.97% 4.78% 6.02% 7.66% 8.2% 8.79%
Capitalization / Revenue 2.16 x 3.02 x 3.19 x 3.07 x 2.39 x 1.88 x 1.81 x 1.75 x
EV / Revenue 8.33 x 8.45 x 9.05 x 8.24 x 8.1 x 7.16 x 6.81 x 6.45 x
EV / EBITDA 8.93 x 9.36 x 10.1 x 8.46 x 10.1 x 8.59 x 8.2 x 7.68 x
EV / FCF 34.5 x 24.1 x 22 x 14.5 x 21.7 x 16.7 x 16.5 x 37.4 x
FCF Yield 2.9% 4.16% 4.55% 6.88% 4.6% 5.99% 6.07% 2.68%
Price to Book - - 2.05 x 1.5 x 1.04 x 1.27 x 1.32 x 1.3 x
Nbr of stocks (in thousands) 113,342 116,158 116,377 116,804 117,004 117,005 - -
Reference price 2 19.12 29.55 33.48 29.92 25.58 21.56 21.56 21.56
Announcement Date 2/27/20 3/1/21 2/28/22 2/23/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,032 1,199 1,286 1,190 1,314 1,410 1,466 1,512
EBITDA 1 963 1,082 1,150 1,160 1,058 1,176 1,217 1,271
EBIT 1 224 333 267 1,470 263 393.8 447.1 528.5
Operating Margin 21.71% 27.77% 20.76% 123.53% 20.02% 27.93% 30.5% 34.94%
Earnings before Tax (EBT) 1 -104 -54 -63 1,282 -16 91.55 125.5 226
Net income 1 -11 25 51 528 79 107.4 148.2 223.6
Net margin -1.07% 2.09% 3.97% 44.37% 6.01% 7.62% 10.11% 14.78%
EPS 2 -0.1000 0.2200 0.4400 4.990 0.6700 0.9135 1.185 1.709
Free Cash Flow 1 249 421 529 675 490 604.9 605.4 261
FCF margin 24.13% 35.11% 41.14% 56.72% 37.29% 42.9% 41.3% 17.26%
FCF Conversion (EBITDA) 25.86% 38.91% 46% 58.19% 46.31% 51.45% 49.74% 20.54%
FCF Conversion (Net income) - 1,684% 1,037.25% 127.84% 620.25% 562.93% 408.42% 116.72%
Dividend per Share 2 0.8000 1.050 1.330 1.430 1.540 1.651 1.768 1.895
Announcement Date 2/27/20 3/1/21 2/28/22 2/23/23 2/22/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 351 318 214 368 340 268 288 406 371 249 286.5 431.4 414.5 305.7 331.5
EBITDA 1 337 250 260 366 322 212 218 316 323 201 213.4 363.6 354.6 228.3 270.5
EBIT 1 89 59 78 170 123 12 42 151 114 -22 27.47 167 156.7 46.06 91.05
Operating Margin 25.36% 18.55% 36.45% 46.2% 36.18% 4.48% 14.58% 37.19% 30.73% -8.84% 9.59% 38.7% 37.8% 15.07% 27.47%
Earnings before Tax (EBT) 1 26 -32 -98 1,374 75 -69 -52 106 72 -142 -47.11 93.67 79.78 -35.28 -11.16
Net income 1 21 -8 -32 570 32 12 - 38 4 37 -44.26 91.87 78.72 -39.19 -10.71
Net margin 5.98% -2.52% -14.95% 154.89% 9.41% 4.48% - 9.36% 1.08% 14.86% -15.45% 21.29% 18.99% -12.82% -3.23%
EPS 2 0.1800 -0.0683 -0.2800 4.890 0.2800 0.1000 - 0.3300 0.0300 0.3100 -0.3274 0.6540 0.6134 -0.2592 -0.0916
Dividend per Share 2 0.3345 0.3400 0.3468 0.3536 0.3604 0.3672 0.3745 0.3818 0.3891 0.3946 0.4013 0.4090 0.4176 0.4228 0.4288
Announcement Date 11/4/21 2/28/22 5/5/22 8/2/22 11/2/22 2/23/23 5/4/23 8/8/23 11/2/23 2/22/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 6,363 6,504 7,532 6,156 7,502 7,441 7,325 7,102
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 6.607 x 6.011 x 6.55 x 5.307 x 7.091 x 6.329 x 6.018 x 5.588 x
Free Cash Flow 1 249 421 529 675 490 605 605 261
ROE (net income / shareholders' equity) -0.49% 2.29% 2.79% 26% 3.64% 7.28% 9.15% 11.6%
ROA (Net income/ Total Assets) -0.12% 0.41% 0.44% 4.2% 0.58% 1.55% 1.35% -
Assets 1 9,098 6,039 11,703 12,562 13,507 6,932 10,981 -
Book Value Per Share 2 - - 16.40 19.90 24.70 16.90 16.30 16.60
Cash Flow per Share - - - - - - - -
Capex 1 228 124 172 112 212 283 165 99.7
Capex / Sales 22.09% 10.34% 13.37% 9.41% 16.13% 20.05% 11.23% 6.59%
Announcement Date 2/27/20 3/1/21 2/28/22 2/23/23 2/22/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
21.56 USD
Average target price
29.7 USD
Spread / Average Target
+37.76%
Consensus
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  4. Financials Clearway Energy, Inc.