Clearway Energy Inc Class C (CWEN)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	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	-11,000	-77,000	-95,000	8,000
Revenue (ttm)	US$ in thousands	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	1,032,000	1,026,000	1,022,000	1,045,000
Net profit margin		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%	-1.07%	-7.50%	-9.30%	0.77%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $79,000K ÷ $1,314,000K
= 6.01%

Clearway Energy Inc's net profit margin has shown significant fluctuations over the past 8 quarters. In Q1 2022, the net profit margin was notably low at 1.27%, which might indicate challenges or expenses impacting profitability during that period. The following quarters saw a substantial improvement with margins ranging from 44.04% to 48.91%, reflecting strong profitability and efficiency in managing costs.

However, there was a sharp decline in Q4 2023, where the net profit margin dropped to 6.01%. This decrease could be attributed to various factors such as increased expenses, lower revenue, or changes in operating efficiency.

Overall, Clearway Energy Inc's net profit margin has shown volatility, ranging from single digits to almost 50%, indicating fluctuations in financial performance over the analyzed periods. Further analysis and comparison with industry benchmarks may provide additional insights into the company's financial health and operational efficiency.