CWEN Q4 2023 Earnings — Clearway Energy, Inc. Revenue & Financial Results | Market Cap Arena

CWENClearway Energy, Inc.

$8B

Q4 2023 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$249M-7.1% YoY

Gross Profit

$136M54.6% margin

Operating Income

-$22M-8.8% margin

Net Income

$37M14.9% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

-32.9%

Cash Flow

Operating Cash Flow

$206M

Free Cash Flow

$55M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$14.7B

Total Liabilities

$9.7B

Stockholders' Equity

$2.1B

Cash & Equivalents

$535M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$249M	$268M	-7.1%
Gross Profit	$136M	$171M	-20.5%
Operating Income	-$22M	$12M	-283.3%
Net Income	$37M	$12M	+208.3%

Revenue Segments

Energy Revenue

$209M69%

Capacity Revenue

$74M25%

Products And Services, Other

$19M6%