Clearway Energy, Inc. (CWEN) vs Northwestern Energy Group Inc (NWE)
A side-by-side comparison of Clearway Energy, Inc. and Northwestern Energy Group Inc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
CWEN
Clearway Energy, Inc.
$30.73UtilitiesDelayed quote: Oct 6, 2026, 4:00 PM EDT
NWE
Northwestern Energy Group Inc
$68.92UtilitiesDelayed quote: Oct 6, 2026, 4:00 PM EDT
Total return — CWEN vs NWE
growth of $100 · dividends reinvested · last 10yCWEN +209.3% (+12.0%/yr)NWE +84.0% (+6.3%/yr)CWEN compounded faster over this window
CWEN NWE
CWEN vs NWE: by the numbers
- •CWEN is the larger company ($6.31B vs $4.24B market cap).
- •NWE trades at the lower trailing earnings multiple (24.88 vs 40.43 P/E), one valuation lens rather than an overall verdict.
- •NWE converts more revenue to profit (10.13% vs 5.78% net margin).
- •NWE grew revenue faster over the past five years (5.52% vs 5.07% CAGR).
- •CWEN pays the higher dividend yield (6.04% vs 3.86%).
Metrics side by side
Valuation
| Metric | CWEN | NWE |
|---|---|---|
| P/E ratio | 40.43 | 24.88 |
| Forward P/E | N/A | 18.45 |
| PEG ratio | 0.89 | N/A |
| P/S ratio | 4.01 | 2.51 |
| P/B ratio | 1.15 | 1.46 |
| EV / EBITDA | 14.35 | 13.57 |
| FCF yield | 10.63% | N/A |
Profitability
| Metric | CWEN | NWE |
|---|---|---|
| Gross margin | 15.19% | 82.31% |
| Operating margin | 14.36% | 18.84% |
| Net margin | 5.78% | 10.13% |
| ROE | 1.66% | 5.92% |
| ROIC | 1.37% | 3.86% |
Dividends
| Metric | CWEN | NWE |
|---|---|---|
| Dividend yield | 6.04% | 3.86% |
| Payout ratio | 244.16% | 96.39% |
Growth (annualized)
| Metric | CWEN | NWE |
|---|---|---|
| Revenue CAGR (5Y) | 5.07% | 5.52% |
| EPS CAGR (5Y) | 45.21% | -0.79% |
| FCF CAGR (5Y) | -2.60% | N/A |
| Total return CAGR (5Y) | 4.78% | 8.02% |
Frequently asked
- Which has the lower trailing P/E, CWEN or NWE?
- NWE has the lower trailing P/E: CWEN trades at 40.43 and NWE at 24.88. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CWEN or NWE?
- Over the past five years, NWE grew revenue faster — CWEN at a 5.07% CAGR versus NWE at 5.52%.
- Does CWEN or NWE pay a bigger dividend?
- CWEN yields 6.04% and NWE yields 3.86% based on trailing dividends and the latest price.
- Is CWEN or NWE more profitable?
- NWE runs the higher net margin — CWEN at 5.78% versus NWE at 10.13%.
- How have CWEN and NWE total returns compared?
- Over the past 10 years, CWEN delivered 12.54% and NWE delivered 6.67% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Clearway Energy P/E ratioNorthwestern Energy P/E ratioClearway Energy dividend yieldNorthwestern Energy dividend yieldClearway Energy ROENorthwestern Energy ROEClearway Energy operating marginNorthwestern Energy operating marginClearway Energy revenue growthNorthwestern Energy revenue growthClearway Energy free cash flowNorthwestern Energy free cash flow
Clearway Energy & Northwestern 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 6, 2026.