SuperworthClearway Energy profit margin CWEN
Gross, operating and net profit as a share of revenue over the last twelve months, from 2014.
- Net margin, 12 months
- 5.8%
- Operating margin, 12 months
- 13.4%
- Net margin on a year earlier
- +1.2 pts
- Peer median
- 11.8%
Over the twelve months to Jun 30, 2026, Clearway Energy kept 5.8% of its revenue as net profit, with an operating margin of 13.4%.
Five years earlier its net margin was 3.7%.
The median for 10 electric utilities of a similar size is 11.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 11.1% | 11.2% | n/a |
| FY2024 | 6.4% | 14.3% | n/a |
| FY2023 | 6.0% | 20.0% | n/a |
| FY2022 | 48.9% | n/a | n/a |
| FY2021 | 4.0% | 20.8% | n/a |
| FY2020 | 2.1% | 27.8% | 69.5% |
| FY2019 | −1.1% | 21.7% | 67.3% |
| FY2018 | 4.9% | 33.0% | 68.5% |
| FY2017 | −0.9% | 28.0% | 67.7% |
| FY2016 | 7.1% | 21.4% | 69.1% |
| FY2015 | 0.4% | 33.6% | 64.2% |
| FY2014 | 3.4% | 35.7% | 64.3% |
| FY2013 | n/a | 44.1% | 62.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 5.8% | +1.2 pts | 13.4% | |
| Q1 FY26 | −0.1% | −6.3 pts | 12.1% | |
| Q4 FY25 | 11.1% | +4.7 pts | 11.2% | |
| Q3 FY25 | 19.3% | +10.4 pts | 11.6% | |
| Q2 FY25 | 4.6% | −2.6 pts | 15.8% | |
| Q1 FY25 | 6.2% | +0.2 pts | 16.0% | |
| Q4 FY24 | 6.4% | +0.4 pts | 14.3% | |
| Q3 FY24 | 8.9% | +4.9 pts | 15.5% | |
| Q2 FY24 | 7.2% | +0.9 pts | 10.2% | |
| Q1 FY24 | 6.0% | −42.6 pts | 14.9% | |
| Q4 FY23 | 6.0% | −42.9 pts | 20.0% | |
| Q3 FY23 | 4.1% | −41.3 pts | 22.3% |
Against its peers
Companies in Regulated Electric nearest Clearway Energy's size, closest first, today.
| Company | Profit margin |
|---|---|
| CWENClearway Energy | 5.8% |
| BKHBlack Hills | 13.0% |
| TXNMTXNM Energy | 8.8% |
| ORAOrmat Technologies | 10.7% |
| PORPortland General Electric | n/m |
| IDAIdacorp | 18.8% |
| NWENorthWestern Energy | 10.1% |
| OGEOGE Energy | 14.4% |
| OTTROtter Tail | 14.8% |
| PNWPinnacle West Capital | 11.5% |
| AVAAvista | 11.8% |
| Peer median | 11.8% |
Where Clearway Energy ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Clearway Energy
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.