Clearway Energy (STU:NY4B) ROCE % : -0.76% (As of Dec. 2024)

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What is Clearway Energy ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Clearway Energy's annualized ROCE % for the quarter that ended in Dec. 2024 was -0.76%.

Clearway Energy ROCE % Historical Data

The historical data trend for Clearway Energy's ROCE % 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.

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Clearway Energy ROCE % Chart

Clearway Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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3.94

2.44

13.65

2.49

2.04

Clearway Energy Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															-0.21	-0.06	2.95	5.72	-0.76

Clearway Energy ROCE % Calculation

Clearway Energy's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	261.67	/	( ( (13480.817 - 830.802)	+	(13684.195 - 685.69) )	/ 2 )
	=	261.67	/	( (12650.015	+	12998.505)	/ 2 )
	=	261.67	/	12824.26
	=	2.04 %

Clearway Energy's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	-95.5	/	( ( (12838.349 - 595.561)	+	(13684.195 - 685.69) )	/ 2 )
	=	-95.5	/	( ( 12242.788	+	12998.505 )	/ 2 )
	=	-95.5	/	12620.6465
	=	-0.76 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

Clearway Energy (STU:NY4B) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

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Clearway Energy Business Description

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CWEN.A:USA CWEN:USA NY41:Germany NY41:Germany NY4B:Germany

Address

300 Carnegie Center, Suite 300, Princeton, NJ, USA, 08540

Website

https://investor.clearwayenergy.com

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.

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