The AES Corporation (AES) vs Clearway Energy, Inc. (CWEN)

A side-by-side comparison of The AES Corporation and Clearway Energy, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — AES vs CWEN

growth of $100 · dividends reinvested · last 10y
AES +65.2% (+5.1%/yr)CWEN +205.3% (+11.8%/yr)CWEN compounded faster over this window
100200300400Start $10020182020202220242026$165$305
AES CWEN

AES vs CWEN: by the numbers

  • •AES is the larger company ($10.63B vs $6.03B market cap).
  • •AES trades at the lower trailing earnings multiple (5.67 vs 38.61 P/E), one valuation lens rather than an overall verdict.
  • •AES converts more revenue to profit (14.62% vs 5.78% net margin).
  • •CWEN grew revenue faster over the past five years (5.07% vs 4.57% CAGR).
  • •CWEN pays the higher dividend yield (6.27% vs 4.72%).

Metrics side by side

Valuation

MetricAESCWEN
P/E ratio5.6738.61
Forward P/E6.51N/A
PEG ratio0.070.85
P/S ratio0.813.83
P/B ratio2.151.10
EV / EBITDA9.1714.09
FCF yieldN/A11.13%

Profitability

MetricAESCWEN
Gross margin20.29%15.19%
Operating margin17.48%14.36%
Net margin14.62%5.78%
ROE38.61%1.66%
ROIC4.38%1.37%

Dividends

MetricAESCWEN
Dividend yield4.72%6.27%
Payout ratio26.76%244.16%

Growth (annualized)

MetricAESCWEN
Revenue CAGR (5Y)4.57%5.07%
EPS CAGR (5Y)78.27%45.21%
FCF CAGR (5Y)N/A-2.60%
Total return CAGR (5Y)-4.44%4.68%

Frequently asked

Which has the lower trailing P/E, AES or CWEN?
AES has the lower trailing P/E: AES trades at 5.67 and CWEN at 38.61. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AES or CWEN?
Over the past five years, CWEN grew revenue faster — AES at a 4.57% CAGR versus CWEN at 5.07%.
Does AES or CWEN pay a bigger dividend?
AES yields 4.72% and CWEN yields 6.27% based on trailing dividends and the latest price.
Is AES or CWEN more profitable?
AES runs the higher net margin — AES at 14.62% versus CWEN at 5.78%.
How have AES and CWEN total returns compared?
Over the past 10 years, AES delivered 5.42% and CWEN delivered 11.37% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.