Clearway Energy, Inc.
CWEN · Electric Services · 202.1M shares · +0%/yr ↓ buyback · EDGAR filings ↗
Grade
C65Renewable-power yieldco with strong cash conversion but heavy leverage and thin coverage keep it mid-pack.
Strengths
- Top-tier cash generation: FCF margin 100th pct, OCF margin 97th, gross margin 75th
- Strong net income growth (92nd pct) and healthy liquidity (current ratio 73rd pct)
Risks
- Very weak interest coverage (0.41x, 9th pct) reflecting high structural leverage
- Low operating margin (23rd pct) and ROA (21st pct); sluggish revenue growth (20th pct)
Notable findings
- No interest coverageInterest coverage 0.41 (cannot cover interest)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Strong balance sheetStrong balance sheet — $231M cash & investments
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
62.9%
Operating margin
11.2%
Net margin
11.8%
Return on assets
1.0%
Revenue growth (QoQ)
14.2%
Net-income growth
92.0%
Net debt / EBITDA
9.6×
Interest coverage
0.4×
Current ratio
1.1×
Free cash flow
$369M
EBITDA
$842M
Cash & investments
$231M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-18 | BlackRock Portfolio Management LLC | Other | 945 | — |
| 2026-06-18 | TotalEnergies SE | Other | 945 | — |
| 2026-06-12 | TotalEnergies SE | Other | 438 | — |
| 2026-06-12 | BlackRock Portfolio Management LLC | Other | 438 | — |
| 2026-06-01 | Lowry Jennifer Elaine | Grant | 4.0K | — |
| 2026-06-01 | Lowry Jennifer Elaine | Grant | 282 | — |
| 2026-06-01 | Malcarney Kevin P. | Grant | 598 | — |
| 2026-06-01 | More Daniel B. | Grant | 4.0K | — |
| 2026-06-01 | More Daniel B. | Grant | 803 | — |
| 2026-06-01 | Ford Brian R. | Grant | 4.5K | — |
| 2026-06-01 | Ford Brian R. | Grant | 1.2K | — |
| 2026-06-01 | ONEAL E STANLEY | Grant | 919 | — |
| 2026-06-01 | ONEAL E STANLEY | Grant | 6.7K | — |
| 2026-06-01 | Brown Michael August | Grant | 255 | — |
| 2026-06-01 | Cornelius Craig | Grant | 3.4K | — |
| 2026-06-01 | Rubenstein Sarah | Grant | 654 | — |
| 2026-05-01 | TotalEnergies SE | Other | 6.5K | — |
| 2026-05-01 | BlackRock Portfolio Management LLC | Other | 6.5K | — |
| 2026-04-29 | Malcarney Kevin P. | Other | 600 | — |
| 2026-04-29 | Malcarney Kevin P. | Other | 600 | — |
| 2026-04-29 | Ford Brian R. | Other | 8.8K | — |
| 2026-04-29 | Ford Brian R. | Other | 8.8K | — |
| 2026-04-29 | Rubenstein Sarah | Other | 380 | — |
| 2026-04-29 | TotalEnergies SE | Other | 22K | — |
| 2026-04-29 | BlackRock Portfolio Management LLC | Other | 22K | — |
| 2026-04-29 | BlackRock Portfolio Management LLC | Other | 22K | — |
| 2026-04-29 | TotalEnergies SE | Other | 22K | — |
| 2026-04-29 | Rubenstein Sarah | Other | 380 | — |
| 2026-04-15 | Rubenstein Sarah | Tax withheld | 973 | — |
| 2026-04-15 | Cornelius Craig | Tax withheld | 5.5K | — |
| 2026-04-15 | Cornelius Craig | Grant | 31K | — |
| 2026-04-15 | Rubenstein Sarah | Tax withheld | 1.5K | — |
| 2026-04-15 | Rubenstein Sarah | Tax withheld | 1.1K | — |
| 2026-04-15 | Rubenstein Sarah | Tax withheld | 1.2K | — |
| 2026-04-15 | Rubenstein Sarah | Option exercise | 6.6K | — |
| 2026-04-15 | Rubenstein Sarah | Disposition | 6.5K | — |
| 2026-04-15 | Rubenstein Sarah | Grant | 4.6K | — |
| 2026-04-15 | Malcarney Kevin P. | Tax withheld | 1.0K | — |
| 2026-04-15 | Malcarney Kevin P. | Tax withheld | 1.3K | — |
| 2026-04-15 | Malcarney Kevin P. | Tax withheld | 1.1K | — |
| 2026-04-15 | Malcarney Kevin P. | Option exercise | 7.1K | — |
| 2026-04-15 | Malcarney Kevin P. | Disposition | 6.9K | — |
| 2026-04-15 | Malcarney Kevin P. | Tax withheld | 62 | — |
| 2026-04-15 | Malcarney Kevin P. | Grant | 4.6K | — |
| 2026-04-01 | TotalEnergies SE | Other | 100K | $39.91 |
| 2026-04-01 | TotalEnergies SE | Other | 436K | $39.91 |
| 2026-04-01 | BlackRock Portfolio Management LLC | Other | 100K | $39.91 |
| 2026-04-01 | BlackRock Portfolio Management LLC | Other | 436K | $39.91 |
| 2026-03-31 | TotalEnergies SE | Conversion | 215K | — |
| 2026-03-31 | BlackRock Portfolio Management LLC | Conversion | 215K | — |
| 2026-03-26 | TotalEnergies SE | Other | 1.1K | — |
| 2026-03-26 | BlackRock Portfolio Management LLC | Other | 1.1K | — |
| 2026-03-13 | BlackRock Portfolio Management LLC | Other | 493 | — |
| 2026-03-13 | TotalEnergies SE | Other | 493 | — |
| 2026-03-02 | Cornelius Craig | Grant | 2.5K | — |
| 2026-03-02 | Rubenstein Sarah | Grant | 767 | — |
| 2026-03-02 | Lowry Jennifer Elaine | Grant | 243 | — |
| 2026-03-02 | Malcarney Kevin P. | Grant | 691 | — |
| 2026-03-02 | More Daniel B. | Grant | 780 | — |
| 2026-03-02 | Ford Brian R. | Grant | 111 | — |
| 2026-03-02 | Ford Brian R. | Grant | 1.1K | — |
| 2026-03-02 | ONEAL E STANLEY | Grant | 867 | — |
| 2026-02-23 | TotalEnergies SE | Other | 129 | $39.61 |
| 2026-02-23 | TotalEnergies SE | Other | 875 | — |
| 2026-02-23 | BlackRock Portfolio Management LLC | Other | 129 | $39.61 |
| 2026-02-23 | BlackRock Portfolio Management LLC | Other | 875 | — |
| 2025-12-12 | TotalEnergies SE | Other | 1.7K | — |
| 2025-12-12 | BlackRock Portfolio Management LLC | Other | 1.7K | — |
| 2025-12-01 | Cornelius Craig | Grant | 2.6K | — |
| 2025-12-01 | Rubenstein Sarah | Grant | 806 | — |
| 2025-12-01 | Lowry Jennifer Elaine | Grant | 256 | — |
| 2025-12-01 | Malcarney Kevin P. | Grant | 726 | — |
| 2025-12-01 | More Daniel B. | Grant | 819 | — |
| 2025-12-01 | Ford Brian R. | Grant | 118 | — |
| 2025-12-01 | Ford Brian R. | Grant | 1.1K | — |
| 2025-12-01 | ONEAL E STANLEY | Grant | 911 | — |
| 2025-10-28 | TotalEnergies SE | Other | 657 | — |
| 2025-10-28 | BlackRock Portfolio Management LLC | Other | 657 | — |
| 2025-10-01 | Cornelius Craig | Other | 63K | — |
| 2025-10-01 | TotalEnergies SE | Other | 63K | $29.84 |
| 2025-10-01 | BlackRock Portfolio Management LLC | Other | 63K | $29.84 |
| 2025-09-02 | Ford Brian R. | Grant | 1.3K | — |
| 2025-09-02 | Rubenstein Sarah | Grant | 959 | — |
| 2025-09-02 | Malcarney Kevin P. | Grant | 864 | — |
| 2025-09-02 | Cornelius Craig | Grant | 3.1K | — |
| 2025-09-02 | ONEAL E STANLEY | Grant | 1.1K | — |
| 2025-09-02 | More Daniel B. | Grant | 975 | — |
| 2025-09-02 | Lowry Jennifer Elaine | Grant | 304 | — |
| 2025-09-02 | Ford Brian R. | Grant | 138 | — |
| 2025-08-15 | TotalEnergies SE | Other | 4.4K | — |
| 2025-08-15 | BlackRock Portfolio Management LLC | Other | 4.4K | — |
| 2025-08-01 | TotalEnergies SE | Other | 821 | — |
| 2025-08-01 | BlackRock Portfolio Management LLC | Other | 821 | — |
| 2025-07-01 | TotalEnergies SE | Other | 213 | — |
| 2025-07-01 | BlackRock Portfolio Management LLC | Other | 213 | — |
| 2025-07-01 | Cornelius Craig | Tax withheld | 6.8K | — |
| 2025-06-02 | Cornelius Craig | Grant | 3.0K | — |
| 2025-06-02 | More Daniel B. | Grant | 893 | — |
| 2025-06-02 | ONEAL E STANLEY | Grant | 993 | — |
| 2025-06-02 | Lowry Jennifer Elaine | Grant | 279 | — |
| 2025-06-02 | Ford Brian R. | Grant | 127 | — |
| 2025-06-02 | Ford Brian R. | Grant | 1.2K | — |
| 2025-06-02 | Malcarney Kevin P. | Grant | 791 | — |
| 2025-06-02 | Rubenstein Sarah | Grant | 878 | — |
| 2025-06-01 | Ford Brian R. | Grant | 5.3K | $30.77 |
| 2025-06-01 | Lowry Jennifer Elaine | Grant | 4.7K | $30.77 |
| 2025-06-01 | ONEAL E STANLEY | Grant | 8.3K | $30.77 |
| 2025-06-01 | More Daniel B. | Grant | 4.7K | $30.77 |
| 2025-05-12 | BlackRock Portfolio Management LLC | Other | 821 | — |
| 2025-05-12 | TotalEnergies SE | Other | 821 | — |
| 2025-05-02 | TotalEnergies SE | Other | 18K | — |
| 2025-05-02 | BlackRock Portfolio Management LLC | Other | 18K | — |
| 2025-04-25 | TotalEnergies SE | Other | 4.2K | — |
| 2025-04-25 | BlackRock Portfolio Management LLC | Other | 4.2K | — |
| 2025-04-18 | BlackRock Portfolio Management LLC | Other | 12K | — |
| 2025-04-18 | TotalEnergies SE | Other | 12K | — |
| 2025-04-15 | Rubenstein Sarah | Tax withheld | 1.4K | — |
| 2025-04-15 | Rubenstein Sarah | Tax withheld | 759 | — |
| 2025-04-15 | Rubenstein Sarah | Tax withheld | 934 | — |
| 2025-04-15 | Rubenstein Sarah | Tax withheld | 1.4K | — |
| 2025-04-15 | Rubenstein Sarah | Option exercise | 2.4K | — |
| 2025-04-15 | Rubenstein Sarah | Disposition | 2.3K | — |
| 2025-04-15 | Rubenstein Sarah | Grant | 6.9K | — |
| 2025-04-15 | Rubenstein Sarah | Grant | 6.2K | — |
| 2025-04-15 | Cornelius Craig | Grant | 30K | — |
| 2025-04-15 | Malcarney Kevin P. | Tax withheld | 895 | — |
| 2025-04-15 | Malcarney Kevin P. | Tax withheld | 869 | — |
| 2025-04-15 | Malcarney Kevin P. | Tax withheld | 1.4K | — |
| 2025-04-15 | Malcarney Kevin P. | Option exercise | 3.0K | — |
| 2025-04-15 | Malcarney Kevin P. | Disposition | 2.9K | — |
| 2025-04-15 | Malcarney Kevin P. | Tax withheld | 246 | — |
| 2025-04-15 | Malcarney Kevin P. | Grant | 6.2K | — |
| 2025-04-15 | Malcarney Kevin P. | Tax withheld | 895 | — |
| 2025-04-15 | Malcarney Kevin P. | Tax withheld | 869 | — |
| 2025-04-15 | Malcarney Kevin P. | Tax withheld | 1.4K | — |
| 2025-04-15 | Malcarney Kevin P. | Option exercise | 3.0K | — |
| 2025-04-15 | Malcarney Kevin P. | Disposition | 2.9K | — |
| 2025-04-15 | Malcarney Kevin P. | Tax withheld | 246 | — |
| 2025-04-15 | Malcarney Kevin P. | Grant | 6.2K | — |
| 2025-04-15 | Rubenstein Sarah | Tax withheld | 759 | — |
| 2025-04-15 | Rubenstein Sarah | Tax withheld | 934 | — |
| 2025-04-15 | Rubenstein Sarah | Option exercise | 2.4K | — |
| 2025-04-15 | Rubenstein Sarah | Disposition | 2.3K | — |
| 2025-04-15 | Rubenstein Sarah | Grant | 6.9K | — |
| 2025-04-15 | Rubenstein Sarah | Grant | 6.2K | — |
| 2025-04-15 | Cornelius Craig | Grant | 30K | — |
| 2025-04-15 | TotalEnergies SE | Other | 95 | $29.07 |
| 2025-04-15 | BlackRock Portfolio Management LLC | Other | 95 | $29.07 |
| 2025-04-04 | TotalEnergies SE | Other | 578 | — |
| 2025-04-04 | BlackRock Portfolio Management LLC | Other | 578 | — |
| 2025-04-01 | Cornelius Craig | Grant | 19K | $30.47 |
| 2025-04-01 | Cornelius Craig | Other | 9.6K | $30.47 |
| 2025-04-01 | BlackRock Portfolio Management LLC | Other | 568K | $30.47 |
| 2025-04-01 | TotalEnergies SE | Other | 568K | $30.47 |
| 2025-04-01 | TotalEnergies SE | Other | 124K | $30.47 |
| 2025-04-01 | TotalEnergies SE | Other | 550K | $30.47 |
| 2025-04-01 | BlackRock Portfolio Management LLC | Other | 124K | $30.47 |
| 2025-04-01 | BlackRock Portfolio Management LLC | Other | 550K | $30.47 |
| 2025-03-31 | BlackRock Portfolio Management LLC | Conversion | 386K | — |
| 2025-03-31 | TotalEnergies SE | Conversion | 386K | — |
| 2025-03-03 | Ford Brian R. | Grant | 136 | — |
| 2025-03-03 | Rubenstein Sarah | Grant | 785 | — |
| 2025-03-03 | Malcarney Kevin P. | Grant | 840 | — |
| 2025-03-03 | Cornelius Craig | Grant | 1.9K | — |
| 2025-03-03 | ONEAL E STANLEY | Grant | 943 | — |
| 2025-03-03 | More Daniel B. | Grant | 890 | — |
| 2025-03-03 | Lowry Jennifer Elaine | Grant | 227 | — |
| 2025-03-03 | Ford Brian R. | Grant | 1.2K | — |
| 2025-02-18 | BlackRock Portfolio Management LLC | Other | 1.2K | $26.13 |
| 2025-02-18 | TotalEnergies SE | Other | 1.2K | $26.13 |
| 2025-02-14 | BlackRock Portfolio Management LLC | Other | 958 | — |
| 2025-02-14 | TotalEnergies SE | Other | 958 | — |
| 2025-01-15 | TotalEnergies SE | Other | 831 | $25.25 |
| 2025-01-15 | Global Infrastructure Investors III, LLC | Other | 831 | $25.25 |
| 2024-12-31 | Global Infrastructure Investors III, LLC | Other | 1.1K | — |
| 2024-12-31 | TotalEnergies SE | Other | 1.1K | — |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-15 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-05-07 | ResultsExhibits | filing ↗ |
| 2026-05-01 | Material agreement3.035.03Shareholder voteReg FDExhibits | filing ↗ |
| 2026-04-02 | Material agreementExhibits | filing ↗ |
| 2026-03-09 | OtherExhibits | filing ↗ |
| 2026-02-23 | ResultsExhibits | filing ↗ |
| 2026-01-13 | Material agreementDebt obligationExhibits | filing ↗ |
| 2026-01-08 | OtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-15 | 2026-05-11 | 0001104659-26-061748 ↗ |
| 10-Q | 2026-05-08 | 2026-03-31 | 0001628280-26-032385 ↗ |
| 8-K | 2026-05-07 | 2026-05-07 | 0001628280-26-032303 ↗ |
| 8-K | 2026-05-01 | 2026-04-29 | 0001104659-26-053557 ↗ |
| 8-K | 2026-04-02 | 2026-04-01 | 0001104659-26-038738 ↗ |
| 8-K | 2026-03-09 | 2026-03-09 | 0001104659-26-025318 ↗ |
| 10-K | 2026-02-24 | 2025-12-31 | 0001628280-26-010952 ↗ |
| 8-K | 2026-02-23 | 2026-02-23 | 0001628280-26-010641 ↗ |
| 8-K | 2026-01-13 | 2026-01-13 | 0001104659-26-003322 ↗ |
| 8-K | 2026-01-08 | 2026-01-08 | 0001104659-26-002190 ↗ |
| 8-K | 2026-01-07 | 2026-01-07 | 0001104659-26-001542 ↗ |
| 8-K | 2025-12-02 | 2025-11-24 | 0001104659-25-117466 ↗ |