CWENClearway Energy, Inc.
Electric Services
- Revenue
- $1.4B
- 4.2% YoY
- Operating margin
- 11.2%
- 22% YoY
- EBITDA
- $842M
- 2.3% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 6.8×
- $5.7B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear407% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear35% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.3B | $1.4B | $1.4B | 4.2% |
| Operating income | $267M | $1.5B | $263M | $196M | $160M | 18% |
| Net income | $51M | $582M | $79M | $88M | $169M | 92% |
| Operating cash flow | $701M | $787M | $702M | $770M | $688M | 11% |
| Capex | $151M | $112M | $212M | $287M | $319M | 11% |
| Stock-based comp | $4M | — | — | — | — |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.