Clearway Energy Inc Class C (CWEN)

Return on total capital

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before interest and tax (EBIT) US$ in thousands 196,000 414,000 1,036,000 375,000 448,000
Long-term debt US$ in thousands 6,750,000 7,479,000 6,491,000 6,939,000 6,585,000
Total stockholders’ equity US$ in thousands 5,564,000 4,995,000 4,033,000 3,300,000 2,715,000
Return on total capital 1.59% 3.32% 9.84% 3.66% 4.82%

December 31, 2024 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $196,000K ÷ ($6,750,000K + $5,564,000K)
= 1.59%

Clearway Energy Inc Class C's return on total capital has seen fluctuations over the years according to the provided data. The return on total capital was 4.82% as of December 31, 2020, which decreased to 3.66% by December 31, 2021. However, there was a significant improvement in the return on total capital to 9.84% as of December 31, 2022. Subsequently, the return dropped to 3.32% by December 31, 2023, and further decreased to 1.59% by December 31, 2024.

The variations in return on total capital indicate the company's efficiency in generating profits from its total capital base over time. Investors and analysts may scrutinize these changes to assess Clearway Energy Inc Class C's capital allocation strategies and operational performance in different years.