CWEN (Clearway Energy) Gross Margin %: 62.15% (As of Mar. 2026) — Near Median


CWEN Clearway Energy Inc CWEN
76 GF Score
Price $36.78
GF Value $32.30
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Clearway Energy Gross Margin %?

Clearway Energy CWEN +0.60% 76 Gross Margin % is 62.15% as of Mar. 2026, which is 6% below its 10-year median of 66.14. GuruFocus rates CWEN with a GF Score™ of 76/100 and a GF Value™ of $32.30 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 403 Utilities - Independent Power Producers companies, Clearway Energy ranks better than 81.89% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Clearway Energy's Gross Profit for the three months ended in Mar. 2026 was $220 Mil. Clearway Energy's Revenue for the three months ended in Mar. 2026 was $354 Mil. Therefore, Clearway Energy's Gross Margin % for the quarter that ended in Mar. 2026 was 62.15%.

Warning Sign:

Clearway Energy Inc gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


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

CWEN' s Gross Margin % Range Over the Past 10 Years
Min: 62.91   Med: 66.14   Max: 70.24
Current: 63.5


During the past 13 years, the highest Gross Margin % of Clearway Energy was 70.24%. The lowest was 62.91%. And the median was 66.14%.

CWEN's Gross Margin % is ranked better than
81.89% of 403 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.35 vs CWEN: 63.50

Clearway Energy had a gross margin of 62.15% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Clearway Energy was -1.60% per year.


Clearway Energy  (NYSE:CWEN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Clearway Energy had a gross margin of 62.15% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Clearway Energy Gross Margin % Related Terms


Clearway Energy Gross Margin % Historical Data

* Premium members only.

The historical data trend for Clearway Energy's Gross 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.

Clearway Energy Gross Margin % Chart

Clearway Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.93 63.45 64.00 63.46 62.91

Clearway Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross 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 59.06 66.58 70.16 51.94 62.15

CWEN vs MWH, ORA, FLNC: Gross Margin % Comparison

For the Utilities - Renewable subindustry, Clearway Energy's Gross Margin %, along with its competitors' market caps and Gross 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 Gross Margin % vs Utilities - Independent Power Producers Industry

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

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


CWEN
76GF Score
Clearway Energy Inc CWEN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Clearway Energy Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Clearway Energy's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=899 / 1429
=(Revenue - Cost of Goods Sold) / Revenue
=(1429 - 530) / 1429
=62.91 %

Clearway Energy's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=220 / 354
=(Revenue - Cost of Goods Sold) / Revenue
=(354 - 134) / 354
=62.15 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 62.15% mean?
Clearway Energy (CWEN) has a Gross Margin % of 62.15% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Clearway Energy and its competitors. This is near median its historical median of 66.14. Over the past decade, Clearway Energy's Gross Margin % has ranged from 62.91 to 70.24. According to the industry distribution chart, Clearway Energy ranks #73 out of 403 companies in the Utilities - Independent Power Producers industry, placing it in the top 18.1%.
Is Clearway Energy's Gross Margin % too high?
Clearway Energy's current Gross Margin % of 62.15% is near median its 10-year median of 66.14. Over the past 10 years, this metric has ranged from a low of 62.91 to a high of 70.24. The Utilities - Independent Power Producers industry median Gross Margin % is 31.35. Clearway Energy's value of 62.15% is 98.2% above this industry median. Based on the distribution chart, Clearway Energy ranks #73 out of 403 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Clearway Energy has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clearway Energy's Gross Margin % compare to MWH and ORA?
According to the Utilities - Independent Power Producers industry distribution chart, Clearway Energy ranks #73 out of 403 companies for Gross Margin %. This places Clearway Energy in the top 18% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 31.35. Clearway Energy's value of 62.15% is 98.2% above this benchmark. Historically, Clearway Energy's own Gross Margin % has ranged from 62.91 to 70.24 over the past decade. While the company's 10-year median is 66.14 vs. the industry median of 31.35, 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 Gross Margin % for an Utilities - Independent Power Producers company?
The median Gross Margin % among Utilities - Independent Power Producers companies is 31.35, based on 403 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clearway Energy's current Gross Margin % of 62.15% is 98.2% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Clearway Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Gross Margin % is 31.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clearway Energy's current Gross Margin % is 62.15%, which is near median its own 10-year median of 66.14. 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 Modestly Overvalued. The stock's GF Value™ is $32.30, compared to a current price of $36.78 — trading 13.9% above its estimated fair value. The current Gross Margin % is 62.15%, which is near median its 10-year median of 66.14 and 98.2% above the Utilities - Independent Power Producers industry median of 31.35. Clearway Energy's overall GF Score™ is 76/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Clearway Energy (CWEN), the current Gross Margin % is 62.15% as of Mar. 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 $36.78 is trading 13.9% above its estimated GF Value™ of $32.30. GuruFocus considers Clearway Energy to be Modestly Overvalued.

Key valuation signals for CWEN:

  • Gross Margin %: 62.15% (near median its 10-year median of 66.14)
  • GF Value™: $32.30 vs. price of $36.78 (13.9% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 98.2% above the Utilities - Independent Power Producers median (#73 of 403)

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 Business Description

Other Exchanges CWEN.A:USANY41:Germany
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 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.
76GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$36.78
Price
$32.30
GF Value