Clearway Energy Inc Class C (CWEN)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 88,000 | 79,000 | 582,000 | 51,000 | 25,000 |
| Total stockholders’ equity | US$ in thousands | 5,564,000 | 4,995,000 | 4,033,000 | 3,300,000 | 2,715,000 |
| ROE | 1.58% | 1.58% | 14.43% | 1.55% | 0.92% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $88,000K ÷ $5,564,000K
= 1.58%
Clearway Energy Inc Class C's return on equity (ROE) has shown varying performance over the past five years.
Starting from a low of 0.92% on December 31, 2020, the ROE saw a significant increase to 14.43% by December 31, 2022. This surge in ROE could indicate improved efficiency in how the company is utilizing its shareholders' equity to generate profits.
However, there was a decrease in ROE in the following years, settling at 1.55% on December 31, 2021, and remaining relatively stable at 1.58% for both December 31, 2023 and December 31, 2024.
Overall, the company's ROE performance suggests some fluctuation, potentially indicating changes in profitability and efficiency over the years. Further analysis would be needed to understand the factors contributing to these fluctuations and whether they are sustainable in the long term.
Peer comparison
Dec 31, 2024