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Side-by-side financial comparison of Clear Channel Outdoor Holdings, Inc. (CCO) and Clearway Energy, Inc. (CWEN). Click either name above to swap in a different company.

Clear Channel Outdoor Holdings, Inc. is the larger business by last-quarter revenue ($461.5M vs $354.0M, roughly 1.3× Clearway Energy, Inc.). Clear Channel Outdoor Holdings, Inc. runs the higher net margin — 1.7% vs -19.2%, a 20.9% gap on every dollar of revenue. On growth, Clearway Energy, Inc. posted the faster year-over-year revenue change (18.8% vs 8.2%). Over the past eight quarters, Clear Channel Outdoor Holdings, Inc.'s revenue compounded faster (18.8% CAGR vs -1.7%).

Clear Channel Outdoor Holdings, Inc. is a multinational corporation focused on outdoor advertising. The company is based in San Antonio, Texas.

NRG Energy, Inc. is an American energy company, headquartered in Houston, Texas. It was formerly the wholesale arm of Northern States Power Company (NSP), which became Xcel Energy, but became independent in 2000. NRG Energy is involved in energy generation and retail electricity. Their portfolio includes natural gas generation, coal generation, oil generation, nuclear generation, wind generation, utility-scale generation, and distributed solar generation. NRG serves over 7 million retail cust...

CCO vs CWEN — Head-to-Head

Bigger by revenue
CCO
CCO
1.3× larger
CCO
$461.5M
$354.0M
CWEN
Growing faster (revenue YoY)
CWEN
CWEN
+10.6% gap
CWEN
18.8%
8.2%
CCO
Higher net margin
CCO
CCO
20.9% more per $
CCO
1.7%
-19.2%
CWEN
Faster 2-yr revenue CAGR
CCO
CCO
Annualised
CCO
18.8%
-1.7%
CWEN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CCO
CCO
CWEN
CWEN
Revenue
$461.5M
$354.0M
Net Profit
$8.0M
$-68.0M
Gross Margin
Operating Margin
23.3%
5.6%
Net Margin
1.7%
-19.2%
Revenue YoY
8.2%
18.8%
Net Profit YoY
144.8%
34.6%
EPS (diluted)
$0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CCO
CCO
CWEN
CWEN
Q1 26
$354.0M
Q4 25
$461.5M
$310.0M
Q3 25
$405.6M
$429.0M
Q2 25
$402.8M
$392.0M
Q1 25
$334.2M
$298.0M
Q4 24
$426.7M
$256.0M
Q3 24
$375.2M
$486.0M
Q2 24
$376.5M
$366.0M
Net Profit
CCO
CCO
CWEN
CWEN
Q1 26
$-68.0M
Q4 25
$8.0M
$-104.0M
Q3 25
$-60.1M
$236.0M
Q2 25
$9.5M
$33.0M
Q1 25
$62.5M
$4.0M
Q4 24
$-17.9M
$3.0M
Q3 24
$-32.5M
$36.0M
Q2 24
$-39.2M
$51.0M
Gross Margin
CCO
CCO
CWEN
CWEN
Q1 26
Q4 25
51.9%
Q3 25
70.2%
Q2 25
66.6%
Q1 25
59.1%
Q4 24
52.0%
Q3 24
72.2%
Q2 24
68.0%
Operating Margin
CCO
CCO
CWEN
CWEN
Q1 26
5.6%
Q4 25
23.3%
-11.9%
Q3 25
19.9%
26.1%
Q2 25
19.2%
21.7%
Q1 25
13.5%
Q4 24
23.5%
-14.5%
Q3 24
17.8%
36.6%
Q2 24
18.2%
23.0%
Net Margin
CCO
CCO
CWEN
CWEN
Q1 26
-19.2%
Q4 25
1.7%
-33.5%
Q3 25
-14.8%
55.0%
Q2 25
2.4%
8.4%
Q1 25
18.7%
1.3%
Q4 24
-4.2%
1.2%
Q3 24
-8.7%
7.4%
Q2 24
-10.4%
13.9%
EPS (diluted)
CCO
CCO
CWEN
CWEN
Q1 26
Q4 25
$0.01
Q3 25
$-0.12
Q2 25
$0.02
Q1 25
$0.13
Q4 24
$-0.03
Q3 24
$-0.07
Q2 24
$-0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CCO
CCO
CWEN
CWEN
Cash + ST InvestmentsLiquidity on hand
$190.0M
$325.0M
Total DebtLower is stronger
$5.1B
$9.1B
Stockholders' EquityBook value
$-3.4B
$5.5B
Total Assets
$3.8B
$16.9B
Debt / EquityLower = less leverage
1.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CCO
CCO
CWEN
CWEN
Q1 26
$325.0M
Q4 25
$190.0M
$231.0M
Q3 25
$155.0M
$251.0M
Q2 25
$138.6M
$260.0M
Q1 25
$395.8M
$297.0M
Q4 24
$109.7M
$332.0M
Q3 24
$201.1M
$292.0M
Q2 24
$189.3M
$226.0M
Total Debt
CCO
CCO
CWEN
CWEN
Q1 26
$9.1B
Q4 25
$5.1B
$7.9B
Q3 25
$5.1B
$8.1B
Q2 25
$5.1B
$8.3B
Q1 25
$5.3B
$7.2B
Q4 24
$5.7B
$6.8B
Q3 24
$5.7B
$6.7B
Q2 24
$5.7B
$6.8B
Stockholders' Equity
CCO
CCO
CWEN
CWEN
Q1 26
$5.5B
Q4 25
$-3.4B
$5.8B
Q3 25
$-3.5B
$5.7B
Q2 25
$-3.4B
$5.5B
Q1 25
$-3.4B
$5.4B
Q4 24
$-3.6B
$5.6B
Q3 24
$-3.6B
$5.6B
Q2 24
$-3.6B
$5.7B
Total Assets
CCO
CCO
CWEN
CWEN
Q1 26
$16.9B
Q4 25
$3.8B
$16.7B
Q3 25
$3.8B
$16.1B
Q2 25
$3.8B
$16.0B
Q1 25
$4.0B
$14.6B
Q4 24
$4.8B
$14.3B
Q3 24
$4.6B
$14.2B
Q2 24
$4.5B
$14.5B
Debt / Equity
CCO
CCO
CWEN
CWEN
Q1 26
1.66×
Q4 25
1.36×
Q3 25
1.41×
Q2 25
1.49×
Q1 25
1.33×
Q4 24
1.21×
Q3 24
1.20×
Q2 24
1.19×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CCO
CCO
CWEN
CWEN
Operating Cash FlowLast quarter
$56.3M
$401.0M
Free Cash FlowOCF − Capex
$30.3M
FCF MarginFCF / Revenue
6.6%
Capex IntensityCapex / Revenue
5.6%
21.2%
Cash ConversionOCF / Net Profit
7.04×
TTM Free Cash FlowTrailing 4 quarters
$32.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CCO
CCO
CWEN
CWEN
Q1 26
$401.0M
Q4 25
$56.3M
$177.0M
Q3 25
$56.2M
$225.0M
Q2 25
$-12.6M
$191.0M
Q1 25
$14.9M
$95.0M
Q4 24
$29.3M
$192.0M
Q3 24
$54.5M
$301.0M
Q2 24
$30.8M
$196.0M
Free Cash Flow
CCO
CCO
CWEN
CWEN
Q1 26
Q4 25
$30.3M
$71.0M
Q3 25
$41.4M
$144.0M
Q2 25
$-29.2M
$115.0M
Q1 25
$-10.6M
$39.0M
Q4 24
$-27.8M
$142.0M
Q3 24
$21.0M
$266.0M
Q2 24
$5.2M
$92.0M
FCF Margin
CCO
CCO
CWEN
CWEN
Q1 26
Q4 25
6.6%
22.9%
Q3 25
10.2%
33.6%
Q2 25
-7.2%
29.3%
Q1 25
-3.2%
13.1%
Q4 24
-6.5%
55.5%
Q3 24
5.6%
54.7%
Q2 24
1.4%
25.1%
Capex Intensity
CCO
CCO
CWEN
CWEN
Q1 26
21.2%
Q4 25
5.6%
34.2%
Q3 25
3.7%
18.9%
Q2 25
4.1%
19.4%
Q1 25
7.6%
18.8%
Q4 24
13.4%
19.5%
Q3 24
8.9%
7.2%
Q2 24
6.8%
28.4%
Cash Conversion
CCO
CCO
CWEN
CWEN
Q1 26
Q4 25
7.04×
Q3 25
0.95×
Q2 25
-1.32×
5.79×
Q1 25
0.24×
23.75×
Q4 24
64.00×
Q3 24
8.36×
Q2 24
3.84×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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