Clearway Energy Free Cash Flow (FCF) History (CWEN)
Clearway Energy reported $369.0M in free cash flow for fiscal 2025, a decrease of 23.60% from the previous fiscal year, with a free cash flow margin of 25.82%.
View full Clearway Energy company overviewClearway Energy free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $369.0M | −$114.0M | −23.60% | +25.82% |
| 2024 | 2024-12-31 | $483.0M | −$7.0M | −1.43% | +35.23% |
| 2023 | 2023-12-31 | $490.0M | −$185.0M | −27.41% | +37.29% |
| 2022 | 2022-12-31 | $675.0M | $125.0M | +22.73% | +56.72% |
| 2021 | 2021-12-31 | $550.0M | $129.0M | +30.64% | +42.77% |
| 2020 | 2020-12-31 | $421.0M | $172.0M | +69.08% | +35.11% |
| 2019 | 2019-12-31 | $249.0M | −$166.0M | −40.00% | +104.18% |
| 2018 | 2018-12-31 | $415.0M | $88.0M | +26.91% | +169.39% |
| 2017 | 2017-12-31 | $327.0M | −$230.0M | −41.29% | +32.41% |
| 2016 | 2016-12-31 | $557.0M | $161.0M | +40.66% | +53.82% |
| 2015 | 2015-12-31 | $396.0M | $94.0M | +31.13% | +40.91% |
| 2014 | 2014-12-31 | $302.0M | $535.0M | — | +36.47% |
| 2013 | 2013-12-31 | −$233.0M | $275.0M | — | −60.21% |
| 2012 | 2012-12-31 | −$508.0M | −$409.0M | — | −290.29% |
| 2011 | 2011-12-31 | −$99.0M | — | — | −60.37% |
Clearway Energy quarterly free cash flow
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $130.0M | $15.0M | +13.04% | +27.03% |
| Q1 2026 | 2026-03-31 | $326.0M | $287.0M | +735.90% | +92.09% |
| Q4 2025 | 2025-12-31 | $71.0M | −$71.0M | −50.00% | +22.90% |
| Q3 2025 | 2025-09-30 | $144.0M | −$122.0M | −45.86% | +33.57% |
| Q2 2025 | 2025-06-30 | $115.0M | $23.0M | +25.00% | +29.34% |
| Q1 2025 | 2025-03-31 | $39.0M | $56.0M | — | +13.09% |
| Q4 2024 | 2024-12-31 | $142.0M | $5.0M | +3.65% | +55.47% |
| Q3 2024 | 2024-09-30 | $266.0M | $13.0M | +5.14% | +54.73% |
| Q2 2024 | 2024-06-30 | $92.0M | −$21.0M | −18.58% | +25.14% |
| Q1 2024 | 2024-03-31 | −$17.0M | −$4.0M | — | −6.46% |
| Q4 2023 | 2023-12-31 | $137.0M | −$26.0M | −15.95% | +55.02% |
| Q3 2023 | 2023-09-30 | $253.0M | −$61.0M | −19.43% | +68.19% |
| Q2 2023 | 2023-06-30 | $113.0M | −$39.0M | −25.66% | +27.83% |
| Q1 2023 | 2023-03-31 | −$13.0M | −$59.0M | — | −4.51% |
| Q4 2022 | 2022-12-31 | $163.0M | $18.0M | +12.41% | +60.82% |
| Q3 2022 | 2022-09-30 | $314.0M | $57.0M | +22.18% | +92.35% |
| Q2 2022 | 2022-06-30 | $152.0M | −$7.0M | −4.40% | +41.30% |
| Q1 2022 | 2022-03-31 | $46.0M | $57.0M | — | +21.50% |
| Q4 2021 | 2021-12-31 | $145.0M | $70.0M | +93.33% | +45.60% |
| Q3 2021 | 2021-09-30 | $257.0M | $12.0M | +4.90% | +73.22% |
| Q2 2021 | 2021-06-30 | $159.0M | $102.0M | +178.95% | +41.84% |
| Q1 2021 | 2021-03-31 | −$11.0M | −$55.0M | — | −4.64% |
| Q4 2020 | 2020-12-31 | $75.0M | $0 | 0.00% | +15.53% |
| Q3 2020 | 2020-09-30 | $245.0M | $125.0M | +104.17% | +73.80% |
| Q2 2020 | 2020-06-30 | $57.0M | $48.0M | +533.33% | +17.33% |
| Q1 2020 | 2020-03-31 | $44.0M | −$1.0M | −2.22% | +80.00% |
| Q4 2019 | 2019-12-31 | $75.0M | −$6.0M | −7.41% | +119.05% |
| Q3 2019 | 2019-09-30 | $120.0M | −$78.0M | −39.39% | +187.50% |
| Q2 2019 | 2019-06-30 | $9.0M | −$80.0M | −89.89% | +15.79% |
| Q1 2019 | 2019-03-31 | $45.0M | −$2.0M | −4.26% | +81.82% |
| Q4 2018 | 2018-12-31 | $81.0M | $25.0M | +44.64% | +126.56% |
| Q3 2018 | 2018-09-30 | $198.0M | $36.0M | +22.22% | +314.29% |
| Q2 2018 | 2018-06-30 | $89.0M | $38.0M | +74.51% | +156.14% |
| Q1 2018 | 2018-03-31 | $47.0M | −$11.0M | −18.97% | +77.05% |
| Q4 2017 | 2017-12-31 | $56.0M | −$74.0M | −56.92% | +24.24% |
| Q3 2017 | 2017-09-30 | $162.0M | −$58.0M | −26.36% | +60.22% |
| Q2 2017 | 2017-06-30 | $51.0M | −$74.0M | −59.20% | +17.71% |
| Q1 2017 | 2017-03-31 | $58.0M | −$24.0M | −29.27% | +26.24% |
| Q4 2016 | 2016-12-31 | $130.0M | $27.0M | +26.21% | +52.85% |
| Q3 2016 | 2016-09-30 | $220.0M | $12.0M | +5.77% | +80.88% |
| Q2 2016 | 2016-06-30 | $125.0M | $112.0M | +861.54% | +44.17% |
| Q1 2016 | 2016-03-31 | $82.0M | $10.0M | +13.89% | +35.04% |
| Q4 2015 | 2015-12-31 | $103.0M | $22.0M | +27.16% | +37.18% |
| Q3 2015 | 2015-09-30 | $208.0M | $35.0M | +20.23% | +81.25% |
| Q2 2015 | 2015-06-30 | $13.0M | −$30.0M | −69.77% | +5.53% |
| Q1 2015 | 2015-03-31 | $72.0M | $69.0M | +2300.00% | +36.00% |
| Q4 2014 | 2014-12-31 | $81.0M | $65.0M | +406.25% | +24.47% |
| Q3 2014 | 2014-09-30 | $173.0M | $136.0M | +367.57% | +94.02% |
| Q2 2014 | 2014-06-30 | $43.0M | $160.0M | — | +24.86% |
| Q1 2014 | 2014-03-31 | $3.0M | $172.0M | — | +2.14% |
| Q4 2013 | 2013-12-31 | $16.0M | — | — | +12.70% |
| Q3 2013 | 2013-09-30 | $37.0M | — | — | +29.37% |
| Q2 2013 | 2013-06-30 | −$117.0M | — | — | −142.68% |
| Q1 2013 | 2013-03-31 | −$169.0M | — | — | −318.87% |
Clearway Energy free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $421.0M to $369.0M, a compound annual decline of 2.60%. Clearway Energy's latest reported quarter, Q2 2026, generated $130.0M in free cash flow, an increase of 13.04% year over year.
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Clearway Energy filings at SEC.gov ↗