Clearway Energy, Inc. (CWEN.A)

Clearway Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,406	1,371	1,314	1,190	1,286	1,199
Revenue Growth (YoY)	9.08%	4.34%	10.42%	-7.46%	7.26%	16.18%
Selling, General & Admin	38	39	36	40	40	34
Depreciation & Amortization	636	627	526	512	509	428
Other Operating Expenses	497	501	473	435	451	366
Total Operating Expenses	1,171	1,167	1,035	989	1,006	833
Operating Income	235	204	279	201	280	366
Interest Expense	-366	-307	-337	-232	-312	-415
Net Interest Expense	-366	-307	-337	-232	-312	-415
Income (Loss) on Equity Investments	28	35	12	29	32	7
Other Non-Operating Income (Expenses)	39	48	52	17	3	4
EBT Excluding Unusual Items	-64	-20	6	15	3	-38
Total Merger & Restructuring Charges	-10	-8	-4	-7	-7	-9
Gain (Loss) on Sale of Investments	-	-	-	-	-	41
Gain (Loss) on Sale of Assets	-	-	-	1,292	-	-
Asset Writedown	-	-	-12	-16	-6	-24
Other Unusual Items	-4	-5	-6	-2	-53	-24
Pretax Income	-78	-33	-16	1,282	-63	-54
Income Tax Expense	43	30	-2	222	12	8
Earnings From Continuing Ops.	-121	-63	-14	1,060	-75	-62
Minority Interest in Earnings	215	151	93	-478	126	87
Net Income	94	88	79	582	51	25
Net Income to Common	94	88	79	582	51	25
Net Income Growth	22.08%	11.39%	-86.43%	1041.18%	104.00%	-
Shares Outstanding (Basic)	118	118	117	117	117	115
Shares Outstanding (Diluted)	118	118	117	117	117	116
Shares Change (YoY)	1.07%	0.85%	-	-	0.86%	6.42%
EPS (Basic)	0.79	0.75	0.68	4.97	0.44	0.22
EPS (Diluted)	0.79	0.75	0.68	4.97	0.44	0.22
EPS Growth	20.79%	10.45%	-86.43%	1041.18%	102.26%	-
Free Cash Flow	539	483	408	675	529	421
Free Cash Flow Per Share	4.56	4.09	3.49	5.77	4.52	3.63
Dividend Per Share	1.683	1.655	1.540	1.430	1.330	1.050
Dividend Growth	7.25%	7.44%	7.69%	7.52%	26.67%	31.25%
Profit Margin	6.69%	6.42%	6.01%	48.91%	3.97%	2.08%
Free Cash Flow Margin	38.34%	35.23%	31.05%	56.72%	41.13%	35.11%
EBITDA	1,050	1,013	990	885	935	884
EBITDA Margin	74.68%	73.89%	75.34%	74.37%	72.71%	73.73%
D&A For EBITDA	815	809	711	684	655	518
EBIT	235	204	279	201	280	366
EBIT Margin	16.71%	14.88%	21.23%	16.89%	21.77%	30.53%
Effective Tax Rate	-	-	-	17.32%	-	-

Updated Apr 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q