Clearway Energy Inc Class C (CWEN)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 88,000 | 79,000 | 582,000 | 51,000 | 25,000 |
| Revenue | US$ in thousands | 1,371,000 | 1,314,000 | 1,190,000 | 1,286,000 | 1,199,000 |
| Net profit margin | 6.42% | 6.01% | 48.91% | 3.97% | 2.09% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $88,000K ÷ $1,371,000K
= 6.42%
The net profit margin of Clearway Energy Inc Class C has shown varying trends over the years. In December 2020, the net profit margin stood at 2.09%, indicating that for every dollar of revenue generated, the company retained 2.09 cents as profit.
There was a notable improvement in the net profit margin by December 2021, reaching 3.97%, suggesting the company became more efficient in controlling costs and increasing profitability.
A significant spike in profitability was observed by December 2022, with the net profit margin surging to 48.91%. This substantial increase could be attributed to various factors such as increased revenue, cost management strategies, or one-time gains.
However, by December 2023, the net profit margin decreased to 6.01%, indicating a slight decline in profitability compared to the previous year. This could be due to changes in operating expenses, revenue fluctuations, or other factors affecting the company's bottom line.
Finally, as of December 2024, the net profit margin slightly increased to 6.42%, suggesting a modest improvement in profitability compared to the previous year.
Overall, the net profit margin of Clearway Energy Inc Class C has shown fluctuations over the years, with the company experiencing both significant spikes and slight declines in profitability. It is essential for investors and stakeholders to monitor these trends to assess the company's financial health and performance accurately.
Peer comparison
Dec 31, 2024