Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 62.15% is in line with its 5-year average of 59.43%, near the high end of its 5-year range (-6.13%–72.22%).
As of the fiscal period ended Tuesday, March 31, 2026. 23.39% above its 12-month average of 50.36%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
62.15%
GROSS MARGIN AVG TTM
50.36%
GROSS MARGIN AVG 3Y
62.85%
GROSS MARGIN AVG 5Y
62.71%
GROSS MARGIN AVG 10Y
65.91%
GROSS MARGIN AVG 15Y
64.82%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+23.39%
CURRENT VS 3Y AVG
-1.12%
CURRENT VS 5Y AVG
-0.90%
CURRENT VS 10Y AVG
-5.72%
CURRENT VS 15Y AVG
-4.13%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
31.68%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+96.14%
vs the sector median at left
Clearway Energy, Inc.
Market Cap
$8.31B
Gross Margin
62.15%
TTM Avg
50.36%
3Y Avg
62.85%
5Y Avg
62.71%
Market Cap
$9.68B
Gross Margin
16.84%
TTM Avg
36.47%
3Y Avg
51.03%
5Y Avg
56.24%
Market Cap
$10.57B
Gross Margin
19.31%
TTM Avg
18.46%
3Y Avg
19.24%
5Y Avg
21.53%
Market Cap
$5.55B
Gross Margin
35.66%
TTM Avg
38.98%
3Y Avg
35.60%
5Y Avg
36.73%
Market Cap
$12.40B
Gross Margin
25.41%
TTM Avg
33.55%
3Y Avg
36.47%
5Y Avg
39.35%
Market Cap
$3.43B
Gross Margin
24.19%
TTM Avg
41.51%
3Y Avg
49.97%
5Y Avg
55.86%
Market Cap
$14.35B
Gross Margin
40.14%
TTM Avg
35.08%
3Y Avg
36.33%
5Y Avg
31.78%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Clearway Energy, Inc. (CWEN-A) | $8.31B | 62.15% | 50.36% | 62.85% | 62.71% |
| UGI Corporation (UGI)vs › | $7.87B | 46.11% | 50.45% | 41.03% | 46.83% |
| Brookfield Renewable Partners L.P. (BEP)vs › | $9.68B | 16.84% | 36.47% | 51.03% | 56.24% |
| Oklo Inc. (OKLO)vs › | $6.41B | 0.00% | 0.00% | 0.00% | 0.00% |
| The AES Corporation (AES)vs › | $10.57B | 19.31% | 18.46% | 19.24% | 21.53% |
| Black Hills Corporation (BKH)vs › | $5.55B | 35.66% | 38.98% | 35.60% | 36.73% |
| Pinnacle West Capital Corporation (PNW)vs › | $12.40B | 25.41% | 33.55% | 36.47% | 39.35% |
| Avista Corporation (AVA)vs › | $3.43B | 24.19% | 41.51% | 49.97% | 55.86% |
| Talen Energy Corporation (TLN)vs › | $14.35B | 40.14% | 35.08% | 36.33% | 31.78% |
| Fluence Energy, Inc. (FLNC)vs › | $2.19B | 11.51% | 12.86% | 6.72% | 3.02% |
Gross Margin
62.1%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 62.15% |
| 2025-12-31 | -6.13% |
| 2025-09-30 | 70.16% |
| 2025-06-30 | 66.58% |
| 2025-03-31 | 59.06% |
| 2024-12-31 | 51.95% |
| 2024-09-30 | 72.22% |
| 2024-06-30 | 68.03% |
| 2024-03-31 | 52.09% |
| 2023-12-31 | 54.62% |
| 2023-09-30 | 63.88% |
| 2023-06-30 | 70.94% |
| 2023-03-31 | 62.50% |
| 2022-12-31 | 63.81% |
| 2022-09-30 | 71.18% |
| 2022-06-30 | 69.57% |
| 2022-03-31 | 40.19% |
| 2021-12-31 | 63.21% |
| 2021-09-30 | 66.67% |
| 2021-06-30 | 71.84% |
| 2021-03-31 | 53.59% |
| 2020-12-31 | 67.50% |
| 2020-09-30 | 71.39% |
| 2020-06-30 | 73.56% |
| 2020-03-31 | 63.95% |
| 2019-12-31 | 60.43% |
| 2019-09-30 | 70.95% |
| 2019-06-30 | 72.18% |
| 2019-03-31 | 61.29% |
| 2018-12-31 | 62.88% |
| 2018-09-30 | 71.23% |
| 2018-06-30 | 75.90% |
| 2018-03-31 | 60.44% |
| 2017-12-31 | 64.05% |
| 2017-09-30 | 70.57% |
| 2017-06-30 | 72.89% |
| 2017-03-31 | 61.47% |
| 2016-12-31 | 70.69% |
| 2016-09-30 | 72.06% |
| 2016-06-30 | 70.93% |
| 2016-03-31 | 62.27% |
| 2015-12-31 | 61.60% |
| 2015-09-30 | 66.99% |
| 2015-06-30 | 69.12% |
| 2015-03-31 | 58.33% |
| 2014-12-31 | 61.49% |
| 2014-09-30 | 67.70% |
| 2014-06-30 | 66.42% |
| 2014-03-31 | 51.82% |
| 2013-12-31 | 59.30% |
| 2013-09-30 | 65.26% |
| 2013-06-30 | 62.03% |
| 2013-03-31 | 45.28% |
| 2012-12-31 | 40.48% |
| 2012-09-30 | 40.43% |
| 2012-06-30 | 38.10% |
| 2012-03-31 | 38.64% |