Clearway Historical Income Statement

CWEN Stock  USD 24.43  0.73  3.08%   
Historical analysis of Clearway Energy income statement accounts such as Interest Expense of 245.9 M, Selling General Administrative of 23.2 M or Total Revenue of 906.8 M can show how well Clearway Energy Class performed in making a profits. Evaluating Clearway Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Clearway Energy's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Clearway Energy Class latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Clearway Energy Class is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

About Clearway Income Statement Analysis

Clearway Energy Class Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Clearway Energy shareholders. The income statement also shows Clearway investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Clearway Energy Income Statement Chart

Clearway Energy Class Income Statement is one of the three primary financial statements used for reporting Clearway's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Clearway Energy Class revenue and expense. Clearway Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Clearway Energy's Total Other Income Expense Net is very stable compared to the past year. As of the 3rd of May 2024, Net Income is likely to grow to about 85.8 M, while Depreciation And Amortization is likely to drop about 391.3 M.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Clearway Energy Class minus its cost of goods sold. It is profit before Clearway Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Clearway Energy Class. It is also known as Clearway Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Clearway Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Clearway Energy Class current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At this time, Clearway Energy's Total Other Income Expense Net is very stable compared to the past year. As of the 3rd of May 2024, Net Income is likely to grow to about 85.8 M, while Depreciation And Amortization is likely to drop about 391.3 M.
 2021 2022 2023 2024 (projected)
Interest Expense312M232M337M245.9M
Depreciation And Amortization703M684M711M391.3M

Clearway Energy income statement Correlations

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Click cells to compare fundamentals

Clearway Energy Account Relationship Matchups

Clearway Energy income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization474M566M703M684M711M391.3M
Interest Expense404M415M312M232M337M245.9M
Selling General Administrative20M29M34M40M36M23.2M
Total Revenue1.0B1.2B1.3B1.2B1.3B906.8M
Gross Profit690M833M835M755M841M590.6M
Other Operating Expenses772M833M1.0B989M1.0B648.2M
Operating Income352M333M267M247M263M244.3M
Ebitda826M899M970M931M1.1B687.2M
Cost Of Revenue342M366M451M435M473M316.2M
Total Operating Expenses430M467M555M554M562M332.0M
Total Other Income Expense Net(456M)(387M)(330M)1.0B42M44.1M
Net Income(96M)(62M)(75M)1.1B79M85.8M
Income Tax Expense72M62M(8M)222M(2M)(1.9M)
Net Income Applicable To Common Shares(11M)25M51M582M669.3M702.8M
Net Income From Continuing Ops(96M)(62M)(75M)1.1B5M4.8M
Minority Interest413M(87M)126M(478M)49M51.5M
Tax Provision62M(8M)8M222M52M52.7M
Net Interest Income(404M)(415M)(312M)(232M)(291M)(305.6M)
Reconciled Depreciation474M522M655M684M710M605M

Clearway Energy Investors Sentiment

The influence of Clearway Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Clearway. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Clearway Energy's public news can be used to forecast risks associated with an investment in Clearway. The trend in average sentiment can be used to explain how an investor holding Clearway can time the market purely based on public headlines and social activities around Clearway Energy Class. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Clearway Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Clearway Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Clearway Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Clearway Energy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Clearway Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Clearway Energy's short interest history, or implied volatility extrapolated from Clearway Energy options trading.

Pair Trading with Clearway Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clearway Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clearway Energy will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Clearway Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clearway Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clearway Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clearway Energy Class to buy it.
The correlation of Clearway Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clearway Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clearway Energy Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Clearway Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Clearway Energy Class offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clearway Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Clearway Energy Class Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clearway Energy Class Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Clearway Energy Class information on this page should be used as a complementary analysis to other Clearway Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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When running Clearway Energy's price analysis, check to measure Clearway Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clearway Energy is operating at the current time. Most of Clearway Energy's value examination focuses on studying past and present price action to predict the probability of Clearway Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clearway Energy's price. Additionally, you may evaluate how the addition of Clearway Energy to your portfolios can decrease your overall portfolio volatility.
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Is Clearway Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clearway Energy. If investors know Clearway will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clearway Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.083
Dividend Share
1.542
Earnings Share
0.67
Revenue Per Share
11.231
Quarterly Revenue Growth
(0.07)
The market value of Clearway Energy Class is measured differently than its book value, which is the value of Clearway that is recorded on the company's balance sheet. Investors also form their own opinion of Clearway Energy's value that differs from its market value or its book value, called intrinsic value, which is Clearway Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clearway Energy's market value can be influenced by many factors that don't directly affect Clearway Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clearway Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearway Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearway Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.