Clearway Energy annual debt-to-equity ratio
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Clearway Energy Debt-to-Equity Ratio Growth & History (CWEN)
Clearway Energy's debt-to-equity ratio was 1.57 for fiscal 2025.
View full Clearway Energy company overviewClearway Energy annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.57 | 0.23 | +17.47% |
| 2024 | 2024-12-31 | 1.34 | −0.51 | −27.46% |
| 2023 | 2023-12-31 | 1.85 | 0.07 | +4.11% |
| 2022 | 2022-12-31 | 1.77 | −0.74 | −29.48% |
| 2021 | 2021-12-31 | 2.52 | −0.18 | −6.73% |
| 2020 | 2020-12-31 | 2.70 | −0.40 | −12.99% |
| 2019 | 2019-12-31 | 3.10 | 0.41 | +15.23% |
| 2018 | 2018-12-31 | 2.69 | −0.09 | −3.18% |
| 2017 | 2017-12-31 | 2.78 | 0.47 | +20.51% |
| 2016 | 2016-12-31 | 2.31 | 0.38 | +19.65% |
| 2015 | 2015-12-31 | 1.93 | 0.23 | +13.77% |
| 2014 | 2014-12-31 | 1.69 | 0.57 | +50.82% |
| 2013 | 2013-12-31 | 1.12 | 0.47 | +72.80% |
| 2012 | 2012-12-31 | 0.65 | — | — |
Clearway Energy quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.81 | 0.12 | +7.02% |
| Q1 2026 | 2026-03-31 | 1.81 | 0.29 | +19.17% |
| Q4 2025 | 2025-12-31 | 1.57 | 0.23 | +17.47% |
| Q3 2025 | 2025-09-30 | 1.62 | 0.25 | +18.21% |
| Q2 2025 | 2025-06-30 | 1.69 | 0.32 | +23.08% |
| Q1 2025 | 2025-03-31 | 1.52 | −0.23 | −12.95% |
| Q4 2024 | 2024-12-31 | 1.34 | −0.51 | −27.46% |
| Q3 2024 | 2024-09-30 | 1.37 | −0.54 | −28.19% |
| Q2 2024 | 2024-06-30 | 1.37 | −0.47 | −25.66% |
| Q1 2024 | 2024-03-31 | 1.74 | −0.12 | −6.22% |
| Q4 2023 | 2023-12-31 | 1.85 | 0.07 | +4.11% |
| Q3 2023 | 2023-09-30 | 1.91 | 0.07 | +3.91% |
| Q2 2023 | 2023-06-30 | 1.85 | 0.03 | +1.86% |
| Q1 2023 | 2023-03-31 | 1.86 | −0.78 | −29.69% |
| Q4 2022 | 2022-12-31 | 1.77 | −0.74 | −29.48% |
| Q3 2022 | 2022-09-30 | 1.84 | −0.94 | −33.80% |
| Q2 2022 | 2022-06-30 | 1.81 | −0.96 | −34.56% |
| Q1 2022 | 2022-03-31 | 2.64 | −0.14 | −4.90% |
| Q4 2021 | 2021-12-31 | 2.52 | −0.18 | −6.73% |
| Q3 2021 | 2021-09-30 | 2.78 | −0.35 | −11.08% |
| Q2 2021 | 2021-06-30 | 2.77 | −0.37 | −11.75% |
| Q1 2021 | 2021-03-31 | 2.78 | −0.22 | −7.41% |
| Q4 2020 | 2020-12-31 | 2.70 | −0.40 | −12.99% |
| Q3 2020 | 2020-09-30 | 3.12 | — | — |
| Q2 2020 | 2020-06-30 | 3.14 | 0.07 | +2.31% |
| Q1 2020 | 2020-03-31 | 3.00 | 0.21 | +7.45% |
| Q4 2019 | 2019-12-31 | 3.10 | 0.41 | +15.23% |
| Q2 2019 | 2019-06-30 | 3.07 | 0.49 | +18.99% |
| Q1 2019 | 2019-03-31 | 2.79 | −0.01 | −0.42% |
| Q4 2018 | 2018-12-31 | 2.69 | −0.09 | −3.18% |
| Q3 2018 | 2018-09-30 | 2.44 | −0.09 | −3.52% |
| Q2 2018 | 2018-06-30 | 2.58 | 0.05 | +2.10% |
| Q1 2018 | 2018-03-31 | 2.80 | 0.25 | +9.99% |
| Q4 2017 | 2017-12-31 | 2.78 | 0.47 | +20.51% |
| Q3 2017 | 2017-09-30 | 2.53 | 0.25 | +10.78% |
| Q2 2017 | 2017-06-30 | 2.52 | 0.68 | +36.83% |
| Q1 2017 | 2017-03-31 | 2.55 | 0.69 | +37.02% |
| Q4 2016 | 2016-12-31 | 2.31 | 0.38 | +19.65% |
| Q3 2016 | 2016-09-30 | 2.29 | 0.19 | +9.07% |
| Q2 2016 | 2016-06-30 | 1.84 | −0.31 | −14.22% |
| Q1 2016 | 2016-03-31 | 1.86 | −1.82 | −49.48% |
| Q4 2015 | 2015-12-31 | 1.93 | 0.23 | +13.77% |
| Q3 2015 | 2015-09-30 | 2.10 | −0.43 | −17.17% |
| Q2 2015 | 2015-06-30 | 2.15 | 0.29 | +15.41% |
| Q1 2015 | 2015-03-31 | 3.68 | 2.34 | +174.85% |
| Q4 2014 | 2014-12-31 | 1.69 | 0.57 | +50.82% |
| Q3 2014 | 2014-09-30 | 2.53 | 1.35 | +114.82% |
| Q2 2014 | 2014-06-30 | 1.86 | — | — |
| Q1 2014 | 2014-03-31 | 1.34 | — | — |
| Q4 2013 | 2013-12-31 | 1.12 | 0.16 | +16.87% |
| Q3 2013 | 2013-09-30 | 1.18 | — | — |
| Q4 2012 | 2012-12-31 | 0.96 | — | — |
Clearway Energy debt-to-equity ratio trends
Over the last five fiscal years, Clearway Energy's debt-to-equity ratio decreased from 2.70 to 1.57, a change of −1.12. The latest reported quarter, Q2 2026, shows 1.81.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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