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Clearway Energy (Clearway Energy) Operating Margin %

: -3.61% (As of Dec. 2023)
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Operating Margin % is calculated as Operating Income divided by its Revenue. Clearway Energy's Operating Income for the three months ended in Dec. 2023 was $-9 Mil. Clearway Energy's Revenue for the three months ended in Dec. 2023 was $249 Mil. Therefore, Clearway Energy's Operating Margin % for the quarter that ended in Dec. 2023 was -3.61%.

Warning Sign:

Clearway Energy Inc operating margin has been in a 5-year decline. The average rate of decline per year is -10.8%.

The historical rank and industry rank for Clearway Energy's Operating Margin % or its related term are showing as below:

CWEN' s Operating Margin % Range Over the Past 10 Years
Min: 16.89   Med: 31.62   Max: 39.42
Current: 21.23


CWEN's Operating Margin % is ranked better than
60.83% of 411 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.91 vs CWEN: 21.23

Clearway Energy's 5-Year Average Operating Margin % Growth Rate was -10.80% per year.

Clearway Energy's Operating Income for the three months ended in Dec. 2023 was $-9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $279 Mil.


Clearway Energy Operating Margin % Historical Data

The historical data trend for Clearway Energy's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Clearway Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.19 30.53 21.77 16.89 21.23

Clearway Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.82 14.58 37.19 25.61 -3.61

Competitive Comparison

For the Utilities - Renewable subindustry, Clearway Energy's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Clearway Energy Operating Margin % Distribution

For the Utilities - Independent Power Producers industry and Utilities sector, Clearway Energy's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Clearway Energy's Operating Margin % falls into.



Clearway Energy Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Clearway Energy's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=279 / 1314
=21.23 %

Clearway Energy's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-9 / 249
=-3.61 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Clearway Energy  (NYSE:CWEN) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Clearway Energy Operating Margin % Related Terms

Thank you for viewing the detailed overview of Clearway Energy's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Clearway Energy (Clearway Energy) Business Description

Traded in Other Exchanges
Address
300 Carnegie Center, Suite 300, Princeton, NJ, USA, 08540
Clearway Energy Inc is a publicly-traded energy infrastructure investor with a focus on investments in clean energy and owner of modern, sustainable and long-term contracted assets across North America. The company segments its operations into conventional power generation, renewables and thermal divisions.
Executives
Christopher S Sotos director CLEARWAY ENERGY, INC., 300 CARNEGIE CENTER, SUITE 300, PRINCETON NJ 08540
Global Infrastructure Investors Iii, Llc 10 percent owner C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Se Totalenergies director, 10 percent owner 2 PLACE JEAN MILLIER, ARCHE NORD COUPOLE/REGNAULT, PARIS LA DEFENSE CEDEX I0 92078
Emmanuel Barrois director 300 CARNEGIE CENTER, SUITE 300, PRINCETON NJ 08540
Guillaume Hediard director 300 CARNEGIE CENTER, SUITE 300, PRINCETON NJ 08540
Vincent Stoquart director C/O SUNPOWER CORPORATION, 51 RIO ROBLES, SAN JOSE CA 95134
Totalenergies Gestion Usa Sarl 10 percent owner LA DEFENSE 6 2 PLACE JEAN MILLIER, COURBEVOIE, HAUTS-DE-SEINE I0 92400
Totalenergies Holdings Usa, Inc. 10 percent owner 1201 LOUISIANA STREET, SUITE 1800, HOUSTON TX 77002
Totalenergies Renewables Usa, Llc 10 percent owner 1201 LOUISIANA STREET, SUITE 1800, HOUSTON TX 77002
Totalenergies Delaware, Inc. 10 percent owner 1201 LOUISIANA STREET, SUITE 1800, HOUSTON TX 77002
Zephyr Holdings Gp, Llc director, 10 percent owner C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Gip Iii Zephyr Midco Holdings, L.p. director, 10 percent owner C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Michael Taft Murphy officer: CHIEF INVESTMENT OFFICER 300 CARNEGIE CENTER, SUITE 300, PRINCETON NJ 08540
Jennifer Elaine Lowry director 2 HOLLINS AVE, BALTIMORE MD 21210
E Stanley Oneal director MERRILL LYNCH CORPORATE SECRETARY, 222 BROADWAY, 17TH FLOOR, NEW YORK NY 10038