Clearway Energy Inc Class C (CWEN)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 88,000 | 122,000 | 90,000 | 77,000 | 79,000 | 54,000 | 82,000 | 614,000 | 582,000 | 562,000 | 551,000 | 16,000 | 51,000 | 34,000 | 45,000 | 57,000 | 25,000 | 44,000 | 51,000 | -20,000 |
| Revenue (ttm) | US$ in thousands | 1,371,000 | 1,364,000 | 1,249,000 | 1,289,000 | 1,314,000 | 1,333,000 | 1,302,000 | 1,264,000 | 1,190,000 | 1,240,000 | 1,251,000 | 1,263,000 | 1,286,000 | 1,248,000 | 1,229,000 | 1,178,000 | 1,199,000 | 1,154,000 | 1,118,000 | 1,073,000 |
| Net profit margin | 6.42% | 8.94% | 7.21% | 5.97% | 6.01% | 4.05% | 6.30% | 48.58% | 48.91% | 45.32% | 44.04% | 1.27% | 3.97% | 2.72% | 3.66% | 4.84% | 2.09% | 3.81% | 4.56% | -1.86% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $88,000K ÷ $1,371,000K
= 6.42%
Clearway Energy Inc Class C has shown fluctuations in its net profit margin over the past few years. The net profit margin represents the percentage of revenue that translates into profit after all expenses have been deducted.
From March 31, 2020, where the net profit margin was -1.86%, the company managed to turn this around and started to see positive margins, with the margin increasing steadily to a peak of 48.91% on December 31, 2022. This significant improvement indicates the company's ability to generate substantial profits relative to its revenue during that period.
However, there was a notable decline in the net profit margin in the following quarters, dropping to 4.05% on September 30, 2023. This downward trend was further evident in the subsequent periods, although the company managed to recover to some extent with margins reaching around 8.94% on September 30, 2024.
Overall, the company's net profit margin has been relatively volatile, with periods of both strong growth and decline. It is essential for Clearway Energy Inc Class C to closely monitor its expenses and revenue generation to sustain healthy profit margins in the long term.
Peer comparison
Dec 31, 2024