Clearway Energy Inc Class C (CWEN)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 88,000 | 122,000 | 90,000 | 77,000 | 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 |
| Total stockholders’ equity | US$ in thousands | 5,564,000 | 5,633,000 | 5,717,000 | 5,047,000 | 4,995,000 | 4,268,000 | 4,142,000 | 4,162,000 | 4,033,000 | 4,116,000 | 4,193,000 | 3,139,000 | 3,300,000 | 2,955,000 | 3,003,000 | 2,995,000 | 2,715,000 | 2,237,000 | 2,232,000 | 2,264,000 |
| ROE | 1.58% | 2.17% | 1.57% | 1.53% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $88,000K ÷ $5,564,000K
= 1.58%
Clearway Energy Inc Class C's return on equity (ROE) has shown varying levels over the period provided. The ROE was negative in March 2020 at -0.88%, indicating that the company's net income was insufficient to cover its equity. Subsequently, the ROE improved and fluctuated between 0.51% to 2.28% from March 2020 to June 2022. Notably, there was a significant increase in ROE in June 2022 to 13.14%, which continued to rise reaching 14.75% by March 2023. However, ROE dropped to 1.27% in September 2023, before slightly rebounding to 2.17% in September 2024. Overall, Clearway Energy Inc Class C's ROE trended upwards in the later years of the period, reflecting improved profitability relative to shareholders' equity.
Peer comparison
Dec 31, 2024