Is Clearway Energy, Inc. (CWEN-A) Halal?

NYSE Utilities United States $8.0B
✗ NOT HALAL
Confidence: 90/100
Clearway Energy, Inc. (CWEN-A) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 221.1% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Clearway Energy, Inc. operates in the Utilities sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 221.1%
/ 30%
5.4%
/ 30%
3.8%
/ 30%
2.52%
/ 5%
✗ NOT HALAL
DJIM 221.1%
/ 33%
5.4%
/ 33%
3.8%
/ 33%
2.52%
/ 5%
✗ NOT HALAL
MSCI 56.5%
/ 33%
1.4%
/ 33%
1.0%
/ 33%
2.52%
/ 5%
✗ NOT HALAL
S&P 221.1%
/ 33%
5.4%
/ 33%
3.8%
/ 33%
2.52%
/ 5%
✗ NOT HALAL
FTSE 56.5%
/ 33%
1.4%
/ 33%
1.0%
/ 50%
2.52%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
27.2
Forward: 14.9
EPS
$1.43
Dividend Yield
462.0%
Payout: 123.6%
P/B Ratio
2.4
EV/EBITDA
17.1
EV: $17.9B
Revenue
$1.4B
Growth: 21.1%
Beta
1.0
Average volatility
Current Ratio
1.1

Profitability

Gross Margin 62.9%
Operating Margin -2.3%
Net Margin 11.8%
Return on Equity (ROE) -4.0%
Return on Assets (ROA) 0.8%

Cash Flow & Balance Sheet

Operating Cash Flow$688M
Free Cash Flow$342M
Total Debt$9.4B
Debt-to-Equity159.7
Current Ratio1.1
Total Assets$16.7B

Price & Trading

Last Close$38.81
50-Day MA$36.41
200-Day MA$31.68
Avg Volume271K
Beta1.0
52-Week Range
$23.82
$39.94

About Clearway Energy, Inc. (CWEN-A)

CEO
Mr. Craig Cornelius
Sector
Utilities
Industry
Utilities - Renewable
Country
United States
Exchange
NYSE
Market Cap
$8.0B
Currency
USD

Clearway Energy, Inc. operates in the clean energy generation assets business in the United States. It operates through Flexible Generation and Renewables & Storage segments. The company's portfolio comprises approximately 12.9 GW of gross capacity in 27 states, including approximately 10.1 GW of wind, solar, and battery energy storage systems; and approximately 2.8 GW of dispatchable combustion-based power generation assets included in the Flexible Generation segment that provide critical grid reliability services. The company was formerly known as NRG Yield, Inc. and changed its name to Clearway Energy, Inc. in August 2018. Clearway Energy, Inc. was incorporated in 2012 and is based in Princeton, New Jersey. Clearway Energy, Inc. is a subsidiary of Clearway Energy Group LLC.

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Frequently Asked Questions

Is Clearway Energy, Inc. (CWEN-A) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Clearway Energy, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Clearway Energy, Inc.'s debt ratio?

Clearway Energy, Inc.'s debt ratio is 221.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 56.5%.

What are Clearway Energy, Inc.'s key financial metrics?

Clearway Energy, Inc. has a market capitalization of $8.0B, trailing P/E ratio of 27.2, and revenue of $1.4B. The company maintains a gross margin of 62.9% and a net margin of 11.8%. Return on equity stands at -4.0%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.