Clearway Energy Inc Class C (CWEN)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 196,000 | 211,000 | 127,000 | 192,000 | 263,000 | 297,000 | 308,000 | 1,565,000 | 1,470,000 | 1,517,000 | 1,501,000 | 228,000 | 267,000 | 236,000 | 270,000 | 267,000 | 333,000 | 311,000 | 278,000 | 235,000 |
| 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 |
| Operating profit margin | 14.30% | 15.47% | 10.17% | 14.90% | 20.02% | 22.28% | 23.66% | 123.81% | 123.53% | 122.34% | 119.98% | 18.05% | 20.76% | 18.91% | 21.97% | 22.67% | 27.77% | 26.95% | 24.87% | 21.90% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $196,000K ÷ $1,371,000K
= 14.30%
Clearway Energy Inc Class C's operating profit margin has fluctuated over the past few years. Starting from March 31, 2020, at 21.90%, it showed a steady increase until reaching a peak of 27.77% on December 31, 2020. However, the margin decreased in the following quarters, hitting a low of 18.05% on March 31, 2022, before unexpectedly surging to 123.53% on December 31, 2022.
This sudden spike seems anomalous and may be a result of accounting irregularities or data reporting errors. From March 31, 2023, the margin stabilized around the 20-23% range until the end of 2024, when it settled at 14.30% on December 31, 2024.
Overall, Clearway Energy Inc Class C's operating profit margin has displayed variability, with some fluctuations that may require further investigation to understand the underlying causes and implications for the company's financial performance.
Peer comparison
Dec 31, 2024