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Clearway EnergyCWEN +4.39%77 EV-to-OCF is 20.12 as of Aug. 12, 2026, which is 11% above its 10-year median of 18.10. GuruFocus rates CWEN with a GF Score™ of 77/100 and a GF Value™ of $33.12 (Fairly Valued). The stock has 8 warning signs investors should review. Among 451 Utilities - Independent Power Producers companies, Clearway Energy ranks worse than 75.83% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Clearway Energy's Enterprise Value is $20,467 Mil.
Clearway Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $1,017 Mil. Therefore, Clearway Energy's EV-to-OCF for today is 20.12.
The historical rank and industry rank for Clearway Energy's EV-to-OCF or its related term are showing as below:
CWEN'
s EV-to-OCF Range Over the Past 10 Years
Min: 13.47 Med: 18.1 Max: 26.36
Current: 20.12
During the past 13 years, the highest EV-to-OCF of Clearway Energy was 26.36. The lowest was 13.47. And the median was 18.10.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 $34.50.
Clearway Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.760.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Clearway Energy EV-to-OCF Related Terms
Clearway Energy EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Clearway Energy's EV-to-OCF 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-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Clearway Energy's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Clearway Energy's EV-to-OCF falls into.
Clearway Energy's current Enterprise Value is $20,467 Mil.
Clearway Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,017 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-OCF of 20.12 as of Aug. 12, 2026. This is 11% above median its historical median of 18.10. Over the past decade, Clearway Energy's EV-to-OCF has ranged from 13.47 to 26.36. According to the industry distribution chart, Clearway Energy ranks #342 out of 451 companies in the Utilities - Independent Power Producers industry, placing it in the top 75.8%.
Is Clearway Energy's EV-to-OCF too high?
Clearway Energy's current EV-to-OCF of 20.12 is 11% above median its 10-year median of 18.10. Over the past 10 years, this metric has ranged from a low of 13.47 to a high of 26.36. The Utilities - Independent Power Producers industry median EV-to-OCF is 9.60. Clearway Energy's value of 20.12 is 109.6% above this industry median. Based on the distribution chart, Clearway Energy ranks #342 out of 451 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Clearway Energy has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Clearway Energy's EV-to-OCF compare to MWH and ORA?
According to the Utilities - Independent Power Producers industry distribution chart, Clearway Energy ranks #342 out of 451 companies for EV-to-OCF. This places Clearway Energy in the lower half of its industry. The industry median EV-to-OCF is 9.60. Clearway Energy's value of 20.12 is 109.6% above this benchmark. Historically, Clearway Energy's own EV-to-OCF has ranged from 13.47 to 26.36 over the past decade. While the company's 10-year median is 18.10 vs. the industry median of 9.60, 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-OCF for an Utilities - Independent Power Producers company?
The median EV-to-OCF among Utilities - Independent Power Producers companies is 9.60, based on 451 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clearway Energy's current EV-to-OCF of 20.12 is 109.6% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Utilities - Independent Power Producers industry, the median EV-to-OCF is 9.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clearway Energy's current EV-to-OCF is 20.12, which is 11% above median its own 10-year median of 18.10. 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 $33.12, compared to a current price of $34.50 — trading 4.2% above its estimated fair value. The current EV-to-OCF is 20.12, which is 11% above median its 10-year median of 18.10 and 109.6% above the Utilities - Independent Power Producers industry median of 9.60. Clearway Energy's overall GF Score™ is 77/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Clearway Energy (CWEN), the current EV-to-OCF is 20.12 as of Aug. 12, 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 overvalued.
The current stock price of $34.50 is trading 4.2% above its estimated GF Value™ of $33.12.
GuruFocus considers Clearway Energy to be Fairly Valued.
Key valuation signals for CWEN:
EV-to-OCF: 20.12 (11% above median its 10-year median of 18.10)
GF Value™: $33.12 vs. price of $34.50 (4.2% above fair value)
Industry Position: 109.6% above the Utilities - Independent Power Producers median (#342 of 451)
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.
77GF Score
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