Which has the lower trailing P/E, BKH or CWEN?

BKH has the lower trailing P/E: BKH trades at 17.92 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, BKH or CWEN?

Over the past five years, CWEN grew revenue faster — BKH at a 4.57% CAGR versus CWEN at 5.07%.

Does BKH or CWEN pay a bigger dividend?

BKH yields 3.97% and CWEN yields 6.27% based on trailing dividends and the latest price.

Is BKH or CWEN more profitable?

BKH runs the higher net margin — BKH at 13.00% versus CWEN at 5.78%.

How have BKH and CWEN total returns compared?

Over the past 10 years, BKH delivered 5.06% and CWEN delivered 11.37% annualized total return. Past performance doesn't predict future results.

Black Hills Corporation (BKH) vs Clearway Energy, Inc. (CWEN)

A side-by-side comparison of Black Hills 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.

BKH

Black Hills Corporation

$5.40B

$70.96UtilitiesDelayed quote: Oct 2, 2026, 4:00 PM EDT

CWEN

Clearway Energy, Inc.

$6.03B

$29.34UtilitiesDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — BKH vs CWEN

growth of $100 · dividends reinvested · last 10y

BKH +62.5% (+5.0%/yr)CWEN +205.3% (+11.8%/yr)CWEN compounded faster over this window

BKH CWEN

BKH vs CWEN: by the numbers

•CWEN is the larger company ($6.03B vs $5.40B market cap).
•BKH trades at the lower trailing earnings multiple (17.92 vs 38.61 P/E), one valuation lens rather than an overall verdict.
•BKH converts more revenue to profit (13.00% 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 3.97%).

Metrics side by side

Valuation

Metric	BKH	CWEN
P/E ratio	17.92	38.61
Forward P/E	16.34	N/A
PEG ratio	10.24	0.85
P/S ratio	2.35	3.83
P/B ratio	1.37	1.10
EV / EBITDA	11.69	14.09
FCF yield	N/A	11.13%

Profitability

Metric	BKH	CWEN
Gross margin	42.92%	15.19%
Operating margin	23.79%	14.36%
Net margin	13.00%	5.78%
ROE	7.58%	1.66%
ROIC	4.73%	1.37%

Dividends

Metric	BKH	CWEN
Dividend yield	3.97%	6.27%
Payout ratio	70.33%	244.16%

Growth (annualized)

Metric	BKH	CWEN
Revenue CAGR (5Y)	4.57%	5.07%
EPS CAGR (5Y)	1.80%	45.21%
FCF CAGR (5Y)	N/A	-2.60%
Total return CAGR (5Y)	6.36%	4.68%

Frequently asked

Which has the lower trailing P/E, BKH or CWEN?: BKH has the lower trailing P/E: BKH trades at 17.92 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, BKH or CWEN?: Over the past five years, CWEN grew revenue faster — BKH at a 4.57% CAGR versus CWEN at 5.07%.
Does BKH or CWEN pay a bigger dividend?: BKH yields 3.97% and CWEN yields 6.27% based on trailing dividends and the latest price.
Is BKH or CWEN more profitable?: BKH runs the higher net margin — BKH at 13.00% versus CWEN at 5.78%.
How have BKH and CWEN total returns compared?: Over the past 10 years, BKH delivered 5.06% and CWEN delivered 11.37% annualized total return. Past performance doesn't predict future results.

Go deeper

Full BKH analysis Full CWEN analysis Interactive comparison tool

Dig into the metrics

Black Hills P/E ratio Clearway Energy P/E ratio Black Hills dividend yield Clearway Energy dividend yield Black Hills ROE Clearway Energy ROE Black Hills operating margin Clearway Energy operating margin Black Hills revenue growth Clearway Energy revenue growth Black Hills free cash flow Clearway Energy free cash flow

Black Hills & Clearway Energy appear in these rankings

Highest Dividend Yield Stocks 25+ Year Dividend Growers Highest FCF Yield Stocks

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.