Clearway Energy, Inc.

CWEN

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
1,371
Cost of Revenue
501
Gross Profit
870
Gross Margin
63.5%
Operating Income
196
Operating Margin
14.3%
Net Income
88
Net Margin
6.4%
EPS (Basic)
$0.75
EPS (Diluted)
$0.75
EBITDA
1,083
EBITDA Margin
79.0%

2023

12/31/2023

Revenue
1,314
Cost of Revenue
473
Gross Profit
841
Gross Margin
64.0%
Operating Income
263
Operating Margin
20.0%
Net Income
79
Net Margin
6.0%
EPS (Basic)
$0.68
EPS (Diluted)
$0.68
EBITDA
1,035
EBITDA Margin
78.8%

2022

12/31/2022

Revenue
1,190
Cost of Revenue
435
Gross Profit
755
Gross Margin
63.4%
Operating Income
247
Operating Margin
20.8%
Net Income
1,060
Net Margin
89.1%
EPS (Basic)
$9.06
EPS (Diluted)
$9.06
EBITDA
2,311
EBITDA Margin
194.2%

2021

12/31/2021

Revenue
1,286
Cost of Revenue
451
Gross Profit
835
Gross Margin
64.9%
Operating Income
267
Operating Margin
20.8%
Net Income
-75
Net Margin
-5.8%
EPS (Basic)
$-0.64
EPS (Diluted)
$-0.64
EBITDA
958
EBITDA Margin
74.5%

2020

12/31/2020

Revenue
1,199
Cost of Revenue
366
Gross Profit
833
Gross Margin
69.5%
Operating Income
333
Operating Margin
27.8%
Net Income
-62
Net Margin
-5.2%
EPS (Basic)
$-0.54
EPS (Diluted)
$-0.53
EBITDA
835
EBITDA Margin
69.6%