Clearway Energy annual operating margin
2011
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2025
Clearway Energy Operating Margin Growth & History (CWEN)
Clearway Energy's operating margin was 11.20% for fiscal 2025.
View full Clearway Energy company overviewClearway Energy annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 11.20% | −3.10 pp |
| 2024 | 2024-12-31 | 14.30% | −5.72 pp |
| 2023 | 2023-12-31 | 20.02% | −103.51 pp |
| 2022 | 2022-12-31 | 123.53% | +102.77 pp |
| 2021 | 2021-12-31 | 20.76% | −7.01 pp |
| 2020 | 2020-12-31 | 27.77% | −65.95 pp |
| 2019 | 2019-12-31 | 93.72% | −47.91 pp |
| 2018 | 2018-12-31 | 141.63% | +113.59 pp |
| 2017 | 2017-12-31 | 28.05% | +6.60 pp |
| 2016 | 2016-12-31 | 21.45% | −12.23 pp |
| 2015 | 2015-12-31 | 33.68% | −3.28 pp |
| 2014 | 2014-12-31 | 36.96% | −3.87 pp |
| 2013 | 2013-12-31 | 40.83% | +24.26 pp |
| 2012 | 2012-12-31 | 16.57% | −0.50 pp |
| 2011 | 2011-12-31 | 17.07% | — |
Clearway Energy quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 24.12% | +2.43 pp |
| Q1 2026 | 2026-03-31 | 5.65% | +5.65 pp |
| Q4 2025 | 2025-12-31 | −11.94% | +2.52 pp |
| Q3 2025 | 2025-09-30 | 26.11% | −10.52 pp |
| Q2 2025 | 2025-06-30 | 21.68% | −1.27 pp |
| Q1 2025 | 2025-03-31 | 0.00% | +11.03 pp |
| Q4 2024 | 2024-12-31 | −14.45% | −5.62 pp |
| Q3 2024 | 2024-09-30 | 36.63% | +11.29 pp |
| Q2 2024 | 2024-06-30 | 22.95% | −13.75 pp |
| Q1 2024 | 2024-03-31 | −11.03% | −25.61 pp |
| Q4 2023 | 2023-12-31 | −8.84% | −13.31 pp |
| Q3 2023 | 2023-09-30 | 25.34% | −5.55 pp |
| Q2 2023 | 2023-06-30 | 36.70% | −345.37 pp |
| Q1 2023 | 2023-03-31 | 14.58% | +39.35 pp |
| Q4 2022 | 2022-12-31 | 4.48% | −14.08 pp |
| Q3 2022 | 2022-09-30 | 30.88% | +5.53 pp |
| Q2 2022 | 2022-06-30 | 382.07% | +347.07 pp |
| Q1 2022 | 2022-03-31 | −24.77% | −18.86 pp |
| Q4 2021 | 2021-12-31 | 18.55% | +12.76 pp |
| Q3 2021 | 2021-09-30 | 25.36% | −11.69 pp |
| Q2 2021 | 2021-06-30 | 35.00% | −4.51 pp |
| Q1 2021 | 2021-03-31 | −5.91% | −100.45 pp |
| Q4 2020 | 2020-12-31 | 5.80% | −3.73 pp |
| Q3 2020 | 2020-09-30 | 37.05% | −103.58 pp |
| Q2 2020 | 2020-06-30 | 39.51% | −113.12 pp |
| Q1 2020 | 2020-03-31 | 94.55% | +20.00 pp |
| Q4 2019 | 2019-12-31 | 9.52% | −74.85 pp |
| Q3 2019 | 2019-09-30 | 140.63% | −18.11 pp |
| Q2 2019 | 2019-06-30 | 152.63% | −100.00 pp |
| Q1 2019 | 2019-03-31 | 74.55% | −5.78 pp |
| Q4 2018 | 2018-12-31 | 84.38% | +75.72 pp |
| Q3 2018 | 2018-09-30 | 158.73% | +127.50 pp |
| Q2 2018 | 2018-06-30 | 252.63% | +209.23 pp |
| Q1 2018 | 2018-03-31 | 80.33% | +55.89 pp |
| Q4 2017 | 2017-12-31 | 8.66% | +47.28 pp |
| Q3 2017 | 2017-09-30 | 31.23% | −11.79 pp |
| Q2 2017 | 2017-06-30 | 43.40% | −1.83 pp |
| Q1 2017 | 2017-03-31 | 24.43% | −6.33 pp |
| Q4 2016 | 2016-12-31 | −38.62% | −72.19 pp |
| Q3 2016 | 2016-09-30 | 43.01% | +3.56 pp |
| Q2 2016 | 2016-06-30 | 45.23% | +8.63 pp |
| Q1 2016 | 2016-03-31 | 30.77% | +7.77 pp |
| Q4 2015 | 2015-12-31 | 33.57% | +2.46 pp |
| Q3 2015 | 2015-09-30 | 39.45% | −6.74 pp |
| Q2 2015 | 2015-06-30 | 36.60% | −0.40 pp |
| Q1 2015 | 2015-03-31 | 23.00% | −15.57 pp |
| Q4 2014 | 2014-12-31 | 31.12% | −4.60 pp |
| Q3 2014 | 2014-09-30 | 46.20% | −3.80 pp |
| Q2 2014 | 2014-06-30 | 36.99% | −9.35 pp |
| Q1 2014 | 2014-03-31 | 38.57% | +15.93 pp |
| Q4 2013 | 2013-12-31 | 35.71% | +12.31 pp |
| Q3 2013 | 2013-09-30 | 50.00% | — |
| Q2 2013 | 2013-06-30 | 46.34% | — |
| Q1 2013 | 2013-03-31 | 22.64% | — |
| Q3 2012 | 2012-09-30 | 23.40% | — |
Clearway Energy operating margin trends
Over the last five reported fiscal years, Clearway Energy's operating margin decreased from 27.77% to 11.20%, a change of −16.58 percentage points. The latest reported quarter, Q2 2026, shows 24.12%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Clearway Energy filings at SEC.gov ↗