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Clearway EnergyCWEN -2.10%75 EV-to-EBITDA is 16.46 as of Jul. 29, 2026, which is 34% above its 10-year median of 12.27. GuruFocus rates CWEN with a GF Score™ of 75/100 and a GF Value™ of $32.74 (Fairly Valued). The stock has 8 warning signs investors should review. Among 359 Utilities - Independent Power Producers companies, Clearway Energy ranks worse than 65.46% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Clearway Energy's enterprise value is $18,522 Mil.
Clearway Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $1,125 Mil. Therefore, Clearway Energy's EV-to-EBITDA for today is 16.46.
The historical rank and industry rank for Clearway Energy's EV-to-EBITDA or its related term are showing as below:
CWEN'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.42 Med: 12.27 Max: 16.78
Current: 16.46
During the past 13 years, the highest EV-to-EBITDA of Clearway Energy was 16.78. The lowest was 5.42. And the median was 12.27.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Clearway Energy (NYSE:CWEN) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Clearway Energy's PE Ratio (TTM) for today is calculated as:
Clearway Energy's share price for today is $30.78.
Clearway Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.040.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Clearway Energy's EV-to-EBITDA 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.
For the Utilities - Renewable subindustry, Clearway Energy's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Clearway Energy's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Clearway Energy's EV-to-EBITDA falls into.
Clearway Energy's current Enterprise Value is $18,522 Mil.
Clearway Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,125 Mil.
* 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 (CWEN) has a EV-to-EBITDA of 16.46 as of Jul. 29, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Clearway Energy. This is 34% above median its historical median of 12.27. Over the past decade, Clearway Energy's EV-to-EBITDA has ranged from 5.42 to 16.78. According to the industry distribution chart, Clearway Energy ranks #235 out of 359 companies in the Utilities - Independent Power Producers industry, placing it in the top 65.5%.
Is Clearway Energy's EV-to-EBITDA too high?
Clearway Energy's current EV-to-EBITDA of 16.46 is 34% above median its 10-year median of 12.27. Over the past 10 years, this metric has ranged from a low of 5.42 to a high of 16.78. The Utilities - Independent Power Producers industry median EV-to-EBITDA is 11.35. Clearway Energy's value of 16.46 is 45% above this industry median. Based on the distribution chart, Clearway Energy ranks #235 out of 359 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Clearway Energy has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Clearway Energy's EV-to-EBITDA compare to MWH and ORA?
According to the Utilities - Independent Power Producers industry distribution chart, Clearway Energy ranks #235 out of 359 companies for EV-to-EBITDA. This places Clearway Energy in the lower half of its industry. The industry median EV-to-EBITDA is 11.35. Clearway Energy's value of 16.46 is 45% above this benchmark. Historically, Clearway Energy's own EV-to-EBITDA has ranged from 5.42 to 16.78 over the past decade. While the company's 10-year median is 12.27 vs. the industry median of 11.35, Clearway Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Utilities - Independent Power Producers company?
The median EV-to-EBITDA among Utilities - Independent Power Producers companies is 11.35, based on 359 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clearway Energy's current EV-to-EBITDA of 16.46 is 45% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Clearway Energy. For the Utilities - Independent Power Producers industry, the median EV-to-EBITDA is 11.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clearway Energy's current EV-to-EBITDA is 16.46, which is 34% above median its own 10-year median of 12.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearway Energy stock overvalued right now?
Based on GuruFocus' analysis, Clearway Energy (CWEN) is currently considered Fairly Valued. The stock's GF Value™ is $32.74, compared to a current price of $30.78 — trading 6% below its estimated fair value. The current EV-to-EBITDA is 16.46, which is 34% above median its 10-year median of 12.27 and 45% above the Utilities - Independent Power Producers industry median of 11.35. Clearway Energy's overall GF Score™ is 75/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Clearway Energy (CWEN), the current EV-to-EBITDA is 16.46 as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Clearway Energy (CWEN) Overvalued in 2026?
Based on GuruFocus' analysis, Clearway Energy stock appears to be undervalued.
The current stock price of $30.78 is trading 6% below its estimated GF Value™ of $32.74.
GuruFocus considers Clearway Energy to be Fairly Valued.
Key valuation signals for CWEN:
EV-to-EBITDA: 16.46 (34% above median its 10-year median of 12.27)
GF Value™: $32.74 vs. price of $30.78 (6% below fair value)
Industry Position: 45% above the Utilities - Independent Power Producers median (#235 of 359)
No single metric tells the full story. See the CWEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clearway Energy Inc is a publicly-traded energy infrastructure investor with a focus on investments in clean energy and the owner of modern, sustainable, and long-term contracted assets across North America. The company segments its operations into Flexible Generation, Renewables & Storage, and Corporate divisions. The majority of its revenue is generated from the Renewables & Storage segment.
75GF Score
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