Clearway Energy Inc Class C (CWEN)

Return on assets (ROA)

		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
Total assets	US$ in thousands	14,701,000	13,370,000	12,624,000	12,749,000	12,312,000	12,596,000	12,648,000	12,628,000	12,813,000	11,780,000	11,881,000	11,848,000	10,592,000	9,725,000	9,736,000	9,555,000	9,700,000	8,838,000	8,731,000	8,465,000
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%

December 31, 2023 calculation

ROA = Net income (ttm) ÷ Total assets
= $79,000K ÷ $14,701,000K
= 0.54%

Clearway Energy Inc's return on assets (ROA) has fluctuated significantly over the past eight quarters, ranging from a low of 0.13% in Q1 2022 to a high of 4.82% in Q1 2023. The ROA reflects the company's ability to generate profit from its assets, with a higher ROA indicating more efficient asset utilization.

In the most recent quarter (Q4 2023), Clearway Energy Inc's ROA stood at 0.54%, a slight increase from the previous quarter's 0.40%. While the ROA is positive, it is relatively low compared to the peaks observed in Q1 and Q2 2023.

The significant variations in ROA suggest fluctuations in the company's profitability and efficiency in generating earnings from its assets. Investors and stakeholders may want to monitor Clearway Energy Inc's future performance to assess the sustainability and consistency of its ROA levels.