Clearway Energy price to free cash flow CWEN

Market value divided by free cash flow over the last twelve months, since 2014.

Today, Oct 23, 2026: 9.5×
10-year median: 10.7×
Against its 10-year history: 37th; percentile: 0 is its lowest day, 100 its highest
10-year range: 5.3× to 22.8×
Peer median: 36.5×

Clearway Energy's price to free cash flow is 9.5× as of Oct 23, 2026.

That is below its ten-year median of 10.7×, close to the middle of its last ten years.

Over that time it ranged from 5.3× in Dec 2016 to 22.8× in Apr 2026.

The median for 10 electric utilities of a similar size is 36.5×.

Price to free cash flow over time

median 10.7×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	9.5×	9.0×	22.8×
2025	15.4×	10.1×	17.0×
2024	11.1×	8.7×	13.3×
2023	10.7×	7.3×	10.7×
2022	9.8×	9.8×	14.2×
2021	15.2×	12.7×	17.1×
2020	15.3×	14.0×	20.8×
2019	15.2×	6.0×	15.2×
2018	7.1×	6.2×	8.3×
2017	7.5×	5.6×	7.8×
2016	5.6×	5.3×	9.1×
2015	9.7×	5.5×	13.7×
2014	9.0×	7.3×	9.5×

Against its peers

Companies in Regulated Electric nearest Clearway Energy's size, closest first, today.

Company	Price to free cash flow
CWENClearway Energy	9.5×
BKHBlack Hills	n/m
TXNMTXNM Energy	n/m
ORAOrmat Technologies	n/m
PORPortland General Electric	n/m
IDAIdacorp	n/m
NWENorthWestern Energy	n/m
OGEOGE Energy	36.5×
OTTROtter Tail	n/m
PNWPinnacle West Capital	n/m
AVAAvista	n/m
Peer median	36.5×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Clearway Energy

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.