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CWEN (Clearway Energy) Net Income : $88 Mil (TTM As of Dec. 2024)


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What is Clearway Energy Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Clearway Energy's Net Income for the three months ended in Dec. 2024 was $3 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $88 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Clearway Energy's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was $0.03.


Clearway Energy Net Income Historical Data

The historical data trend for Clearway Energy's Net Income 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 Net Income Chart

Clearway Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.00 51.00 582.00 79.00 88.00

Clearway Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Income 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 37.00 -2.00 51.00 36.00 3.00

Clearway Energy Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Clearway Energy's Net Income for the fiscal year that ended in Dec. 2024 is calculated as

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-33+-30+0+151
=88

Clearway Energy's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-48+0+0+51
=3

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $88 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  (NYSE:CWEN) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Clearway Energy's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Clearway Energy Net Income Related Terms

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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 Flexible Generation, renewables and Corporate divisions.
Executives
Brian R. Ford director 1 MILFORD WAY, MEDFORD NJ 08055
E Stanley Oneal director MERRILL LYNCH CORPORATE SECRETARY, 222 BROADWAY, 17TH FLOOR, NEW YORK NY 10038
Se Totalenergies director, 10 percent owner 2 PLACE JEAN MILLIER, ARCHE NORD COUPOLE/REGNAULT, PARIS LA DEFENSE CEDEX I0 92078
Global Infrastructure Investors Iii, Llc 10 percent owner C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Christopher S Sotos director CLEARWAY ENERGY, INC., 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
Emmanuel Barrois director 300 CARNEGIE CENTER, SUITE 300, PRINCETON NJ 08540
Zephyr Holdings Gp, Llc director, 10 percent owner C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Totalenergies Delaware, 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 Holdings Usa, Inc. 10 percent owner 1201 LOUISIANA STREET, SUITE 1800, HOUSTON TX 77002
Totalenergies Gestion Usa Sarl 10 percent owner LA DEFENSE 6 2 PLACE JEAN MILLIER, COURBEVOIE, HAUTS-DE-SEINE I0 92400
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