Clearway Energy, Inc. (CWEN-A) FCF Payout Ratio: 27.59%
Is Clearway Energy, Inc.’s FCF payout ratio high or low?
Clearway Energy, Inc.'s FCF payout ratio of 27.59% is 58% below its 5-year average of 65.59%, near the low end of its 5-year range (27.59%–97.02%).
66.79% below its 12-month average of 83.09%.
CWEN-A FCF Payout Ratio Chart
CWEN-A Average FCF Payout Ratio Chart
CWEN-A Current vs Average FCF Payout Ratio Chart
CWEN-A FCF Payout Ratio Metrics
FCF PAYOUT RATIO
27.59%
FCF PAYOUT RATIO AVG TTM
83.09%
FCF PAYOUT RATIO AVG 3Y
73.67%
FCF PAYOUT RATIO AVG 5Y
65.59%
FCF PAYOUT RATIO AVG 10Y
52.75%
FCF PAYOUT RATIO AVG 15Y
54.35%
FCF PAYOUT RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-66.79%
CURRENT VS 3Y AVG
-62.55%
CURRENT VS 5Y AVG
-57.94%
CURRENT VS 10Y AVG
-47.70%
CURRENT VS 15Y AVG
-49.23%
CURRENT VS 20Y AVG
N/A
Payout Ratio Comparison
FCF Payout Ratio
27.6%
Earnings Payout Ratio
95.7%
Dividend Yield
3.36%
FCF Yield
12.18%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $369.00M | $358.00M | 97.0% |
| 2024 | $483.00M | $334.00M | 69.2% |
| 2023 | $408.00M | $311.00M | 76.2% |
| 2022 | $675.00M | $353.00M | 52.3% |
| 2021 | $550.00M | $268.00M | 48.7% |
| 2020 | $421.00M | $211.00M | 50.1% |
| 2019 | $249.00M | $155.00M | 62.2% |
| 2018 | $415.00M | $130.00M | 31.3% |
| 2017 | $485.00M | $108.00M | 22.3% |
| 2016 | $540.00M | $183.00M | 33.9% |
| 2015 | $376.00M | $139.00M | 37.0% |
| 2014 | $260.00M | $187.00M | 71.9% |
| 2013 | ($97.00M) | $722.00M | N/A (Loss) |
| 2012 | ($322.00M) | $72.00M | N/A (Loss) |
| 2011 | ($99.00M) | $18.00M | N/A (Loss) |
| 2010 | $11.00M | $46.00M | 418.2% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Clearway Energy, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Clearway Energy, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Clearway Energy, Inc. (CWEN-A)?
- The FCF payout ratio for CWEN-A stock is 27.59%.
- Is Clearway Energy, Inc.'s FCF payout ratio high or low?
- Clearway Energy, Inc.'s FCF payout ratio of 27.59% is 58% below its 5-year average of 65.59%, near the low end of its 5-year range (27.59%–97.02%).
- What is the TTM average FCF payout ratio for Clearway Energy, Inc. (CWEN-A)?
- The TTM average FCF payout ratio for CWEN-A stock is 83.09%.
- What is the 3Y average FCF payout ratio for Clearway Energy, Inc. (CWEN-A)?
- The 3Y average FCF payout ratio for CWEN-A stock is 73.67%.
- What is the 5Y average FCF payout ratio for Clearway Energy, Inc. (CWEN-A)?
- The 5Y average FCF payout ratio for CWEN-A stock is 65.59%.
- What is the 10Y average FCF payout ratio for Clearway Energy, Inc. (CWEN-A)?
- The 10Y average FCF payout ratio for CWEN-A stock is 52.75%.
- What is the 15Y average FCF payout ratio for Clearway Energy, Inc. (CWEN-A)?
- The 15Y average FCF payout ratio for CWEN-A stock is 54.35%.
Clearway Energy, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-12-31 | 97.02% |
| 2024-12-31 | 69.15% |
| 2023-12-31 | 76.23% |
| 2022-12-31 | 52.30% |
| 2021-12-31 | 48.73% |
| 2020-12-31 | 50.12% |
| 2019-12-31 | 62.25% |
| 2018-12-31 | 31.33% |
| 2017-12-31 | 22.27% |
| 2016-12-31 | 33.89% |
| 2015-12-31 | 36.97% |
| 2014-12-31 | 71.92% |
| 2010-12-31 | 418.18% |
About Clearway Energy, Inc.
Clearway Energy, Inc. is an American enterprise primarily focused on the renewable energy sector. Its operational portfolio encompasses approximately 5,000 net megawatts (MW) from installed wind and solar generation projects, complemented by an additional 2,500 net MW derived from natural gas facilities. The company, which was originally incorporated in 2012, rebranded from NRG Yield, Inc. to Clearway Energy, Inc. in August 2018. Headquartered in Princeton, New Jersey, Clearway Energy, Inc. functions as a subsidiary of Clearway Energy Group LLC.
- Sector
- Utilities
- Industry
- Renewable Utilities
- CEO
- Craig Cornelius