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.
AES
The AES Corporation
$14.91UtilitiesDelayed quote: Oct 2, 2026, 4:00 PM EDT
CWEN
Clearway Energy, Inc.
$29.34UtilitiesDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — AES vs CWEN
growth of $100 · dividends reinvested · last 10yAES +65.2% (+5.1%/yr)CWEN +205.3% (+11.8%/yr)CWEN compounded faster over this window
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
| Metric | AES | CWEN |
|---|---|---|
| P/E ratio | 5.67 | 38.61 |
| Forward P/E | 6.51 | N/A |
| PEG ratio | 0.07 | 0.85 |
| P/S ratio | 0.81 | 3.83 |
| P/B ratio | 2.15 | 1.10 |
| EV / EBITDA | 9.17 | 14.09 |
| FCF yield | N/A | 11.13% |
Profitability
| Metric | AES | CWEN |
|---|---|---|
| Gross margin | 20.29% | 15.19% |
| Operating margin | 17.48% | 14.36% |
| Net margin | 14.62% | 5.78% |
| ROE | 38.61% | 1.66% |
| ROIC | 4.38% | 1.37% |
Dividends
| Metric | AES | CWEN |
|---|---|---|
| Dividend yield | 4.72% | 6.27% |
| Payout ratio | 26.76% | 244.16% |
Growth (annualized)
| Metric | AES | CWEN |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
AES P/E ratioClearway Energy P/E ratioAES dividend yieldClearway Energy dividend yieldAES ROEClearway Energy ROEAES operating marginClearway Energy operating marginAES revenue growthClearway Energy revenue growthAES free cash flowClearway Energy free cash flow
AES & Clearway Energy appear in these rankings
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.