Clearway Energy Inc Class C (CWEN)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 64.00% | 65.72% | 67.67% | 67.17% | 63.45% | 63.31% | 62.11% | 62.87% | 64.93% | 65.95% | 67.21% | 67.49% | 69.47% | 68.20% | 68.16% | 67.66% | 67.34% | 68.32% | 68.20% | 69.28% |
| Operating profit margin | 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% | 21.71% | 26.51% | 27.59% | 32.44% |
| Pretax margin | 5.86% | 7.95% | 6.91% | 65.27% | 67.56% | 66.37% | 63.95% | 3.72% | 4.90% | 1.36% | 2.93% | 5.69% | 2.75% | 1.82% | 0.72% | -7.92% | -5.91% | -4.48% | -4.11% | 6.12% |
| 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% |
Clearway Energy Inc's profitability ratios show a fluctuating trend over the quarters. The gross profit margin has been relatively stable over the quarters, ranging from 62.11% to 67.67%. This indicates that the company is effectively managing its production costs.
The operating profit margin has also shown some stability, but with a wider range, fluctuating between 16.89% and 25.12%. This suggests that the company's operating efficiency has varied over the quarters.
The pretax margin has been volatile, with significant variations from a negative margin in Q4 2023 to over 100% in Q1 2023. This indicates that the company's pre-tax profitability has been inconsistent and possibly influenced by one-off events or anomalies in certain quarters.
The net profit margin has also been fluctuating, ranging from 1.27% to 48.91%. This variability suggests that Clearway Energy Inc's bottom-line profitability has not been consistently strong, possibly due to fluctuations in expenses or non-operating income.
Overall, while the company has maintained a reasonable gross profit margin and some level of operating profitability, the significant fluctuations in the pretax and net profit margins signal potential challenges in sustaining consistent profitability over the quarters.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 1.79% | 2.22% | 2.44% | 12.28% | 11.94% | 12.04% | 11.87% | 1.81% | 2.08% | 2.00% | 2.27% | 2.25% | 3.14% | 3.20% | 2.86% | 2.46% | 2.31% | 3.08% | 3.23% | 4.00% |
| Return on assets (ROA) | 0.54% | 0.40% | 0.65% | 4.82% | 4.73% | 4.46% | 4.36% | 0.13% | 0.40% | 0.29% | 0.38% | 0.48% | 0.24% | 0.45% | 0.52% | -0.21% | -0.11% | -0.87% | -1.09% | 0.09% |
| Return on total capital | 3.32% | 3.52% | 3.52% | 10.15% | 9.84% | 9.84% | 9.80% | 3.57% | 3.66% | 3.11% | 3.25% | 3.44% | 4.82% | 5.53% | 5.61% | 5.81% | 5.33% | 6.01% | 5.41% | 6.21% |
| Return on equity (ROE) | 1.58% | 1.27% | 1.98% | 14.75% | 14.43% | 13.65% | 13.14% | 0.51% | 1.55% | 1.15% | 1.50% | 1.90% | 0.92% | 1.97% | 2.28% | -0.88% | -0.49% | -3.76% | -4.63% | 0.45% |
Clearway Energy Inc's profitability ratios show a mixed performance over the past eight quarters.
The Operating return on assets (Operating ROA) has fluctuated between 1.78% and 2.59%, indicating that the company's ability to generate operating income from its assets has varied but generally remained within a moderate range.
The Return on assets (ROA) has shown more significant fluctuations, with values ranging from 0.13% to 4.82%. This suggests that the company's overall ability to generate profits from its total assets has been inconsistent over the period.
The Return on total capital has also shown variability, fluctuating between 2.54% and 3.73%. This metric indicates the company's ability to generate returns from both debt and equity capital invested in the business.
Return on equity (ROE) has displayed the most significant variation, ranging from 0.91% to 28.60%. This ratio reflects the company's ability to generate profits from shareholders' equity and indicates a high level of volatility in Clearway Energy Inc's return on equity over the period under review.
Overall, Clearway Energy Inc's profitability ratios highlight the company's mixed performance in generating returns for its shareholders and managing its assets efficiently.