Clearway Energy, Inc. (CWEN) vs XPLR Infrastructure, LP (XIFR)

Clearway Energy, Inc. and XPLR Infrastructure, LP are both Utilities Renewable companies. Clearway Energy, Inc. is the larger, with a market value of $6.0B against $2.0B — 3.0× the size. XPLR Infrastructure, LP trades at the lower P/E: 16.2× against 744×. Clearway Energy, Inc. grew revenue faster over the last twelve months: 5.62% against −2.83%. XPLR Infrastructure, LP has the higher net margin (5.16% vs 0.61%) and the lower return on invested capital (0.00% vs 0.81%). Both pay a dividend; XPLR Infrastructure, LP yields more (12.8% vs 6.72%). Across the 22 metrics below, XPLR Infrastructure, LP leads on 14 and Clearway Energy, Inc. on 8.

Valuation

Metric CWEN XIFR Utilities Renewable median
P/E 744.25 16.23 18.99
P/S 2.43 0.83 2.58
P/B 0.65 0.09 1.38
Price to free cash flow 5.49 n/m 5.71
EV/EBITDA 11.04 9.99 16.32
EV/Sales 8.11 5.43 5.43
Earnings yield 0.13% 6.16% (12.46%)
Free cash flow yield 18.21% (41.11%) (21.58%)

Profitability

Metric CWEN XIFR Utilities Renewable median
Gross margin 63.50% 100.00% 41.45%
Operating margin 12.12% 0.00% 0.00%
Net margin 0.61% 5.16% (0.87%)
Free cash flow margin 44.18% (34.03%) (9.23%)
Return on equity 0.16% 0.57% 0.00%
Return on assets 0.06% 0.31% (2.61%)
Return on invested capital 0.81% 0.00% 0.00%

Growth

Metric CWEN XIFR Utilities Renewable median
Revenue growth (TTM) 5.62% (2.83%) 10.25%
EPS growth (last fiscal year) 90.67% (172.73%) —
Revenue growth, 5-year CAGR 3.57% 5.31% 6.29%
Net income growth, 5-year CAGR 46.55% 0.00% 0.00%

Health

Metric CWEN XIFR Utilities Renewable median
Debt to equity 1.66 0.57 0.59
Current ratio 1.11 1.27 1.16
Net debt to EBITDA 7.46 11.37 2.66

Dividend

Metric CWEN XIFR Utilities Renewable median
Dividend yield 6.72% 12.82% 5.61%
Payout ratio 2.15 1.92 0.00

Size

Metric CWEN XIFR Utilities Renewable median
Market cap 5.99b 2.02b 239.67m

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