vs

Side-by-side financial comparison of Clearway Energy, Inc. (CWEN) and FRANKLIN ELECTRIC CO INC (FELE). Click either name above to swap in a different company.

FRANKLIN ELECTRIC CO INC is the larger business by last-quarter revenue ($500.4M vs $310.0M, roughly 1.6× Clearway Energy, Inc.). FRANKLIN ELECTRIC CO INC runs the higher net margin — 6.9% vs -33.5%, a 40.5% gap on every dollar of revenue. On growth, Clearway Energy, Inc. posted the faster year-over-year revenue change (21.1% vs 9.9%). Over the past eight quarters, Clearway Energy, Inc.'s revenue compounded faster (8.6% CAGR vs -4.0%).

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...

Franklin Electric Co., Inc. is a manufacturer and distributor of products and systems focused on the movement and management of water and energy. The company offers pumps, motors, drives, and controls for use in a variety of residential, commercial, agricultural, industrial, and municipal applications. Headquartered in Fort Wayne, Indiana, the company also operates manufacturing facilities in the United States, Germany, Czech Republic, Italy, Turkey, Mexico, Brazil, Australia, South Africa, C...

CWEN vs FELE — Head-to-Head

Bigger by revenue
FELE
FELE
1.6× larger
FELE
$500.4M
$310.0M
CWEN
Growing faster (revenue YoY)
CWEN
CWEN
+11.2% gap
CWEN
21.1%
9.9%
FELE
Higher net margin
FELE
FELE
40.5% more per $
FELE
6.9%
-33.5%
CWEN
Faster 2-yr revenue CAGR
CWEN
CWEN
Annualised
CWEN
8.6%
-4.0%
FELE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CWEN
CWEN
FELE
FELE
Revenue
$310.0M
$500.4M
Net Profit
$-104.0M
$34.7M
Gross Margin
51.9%
35.0%
Operating Margin
-11.9%
9.6%
Net Margin
-33.5%
6.9%
Revenue YoY
21.1%
9.9%
Net Profit YoY
-3566.7%
10.6%
EPS (diluted)
$0.77

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
CWEN
CWEN
FELE
FELE
Q1 26
$500.4M
Q4 25
$310.0M
$506.9M
Q3 25
$429.0M
$581.7M
Q2 25
$392.0M
$587.4M
Q1 25
$298.0M
$455.2M
Q4 24
$256.0M
$485.7M
Q3 24
$486.0M
$531.4M
Q2 24
$366.0M
$543.3M
Net Profit
CWEN
CWEN
FELE
FELE
Q1 26
$34.7M
Q4 25
$-104.0M
$39.3M
Q3 25
$236.0M
$16.7M
Q2 25
$33.0M
$60.1M
Q1 25
$4.0M
$31.0M
Q4 24
$3.0M
$33.7M
Q3 24
$36.0M
$54.6M
Q2 24
$51.0M
$59.1M
Gross Margin
CWEN
CWEN
FELE
FELE
Q1 26
35.0%
Q4 25
51.9%
33.8%
Q3 25
70.2%
35.9%
Q2 25
66.6%
36.1%
Q1 25
59.1%
36.0%
Q4 24
52.0%
33.8%
Q3 24
72.2%
35.7%
Q2 24
68.0%
36.8%
Operating Margin
CWEN
CWEN
FELE
FELE
Q1 26
9.6%
Q4 25
-11.9%
10.2%
Q3 25
26.1%
14.6%
Q2 25
21.7%
15.0%
Q1 25
9.7%
Q4 24
-14.5%
8.9%
Q3 24
36.6%
13.8%
Q2 24
23.0%
14.6%
Net Margin
CWEN
CWEN
FELE
FELE
Q1 26
6.9%
Q4 25
-33.5%
7.7%
Q3 25
55.0%
2.9%
Q2 25
8.4%
10.2%
Q1 25
1.3%
6.8%
Q4 24
1.2%
6.9%
Q3 24
7.4%
10.3%
Q2 24
13.9%
10.9%
EPS (diluted)
CWEN
CWEN
FELE
FELE
Q1 26
$0.77
Q4 25
$0.87
Q3 25
$0.37
Q2 25
$1.31
Q1 25
$0.67
Q4 24
$0.73
Q3 24
$1.17
Q2 24
$1.26

Balance Sheet & Financial Strength

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

Metric
CWEN
CWEN
FELE
FELE
Cash + ST InvestmentsLiquidity on hand
$231.0M
$80.4M
Total DebtLower is stronger
$7.9B
$134.4M
Stockholders' EquityBook value
$5.8B
$1.3B
Total Assets
$16.7B
$2.0B
Debt / EquityLower = less leverage
1.36×
0.10×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWEN
CWEN
FELE
FELE
Q1 26
$80.4M
Q4 25
$231.0M
$99.7M
Q3 25
$251.0M
$102.9M
Q2 25
$260.0M
$104.6M
Q1 25
$297.0M
$84.0M
Q4 24
$332.0M
$220.5M
Q3 24
$292.0M
$106.3M
Q2 24
$226.0M
$58.1M
Total Debt
CWEN
CWEN
FELE
FELE
Q1 26
$134.4M
Q4 25
$7.9B
$135.2M
Q3 25
$8.1B
$135.2M
Q2 25
$8.3B
$14.5M
Q1 25
$7.2B
$14.9M
Q4 24
$6.8B
$11.6M
Q3 24
$6.7B
$11.6M
Q2 24
$6.8B
$87.2M
Stockholders' Equity
CWEN
CWEN
FELE
FELE
Q1 26
$1.3B
Q4 25
$5.8B
$1.3B
Q3 25
$5.7B
$1.3B
Q2 25
$5.5B
$1.3B
Q1 25
$5.4B
$1.3B
Q4 24
$5.6B
$1.3B
Q3 24
$5.6B
$1.3B
Q2 24
$5.7B
$1.2B
Total Assets
CWEN
CWEN
FELE
FELE
Q1 26
$2.0B
Q4 25
$16.7B
$1.9B
Q3 25
$16.1B
$2.0B
Q2 25
$16.0B
$2.0B
Q1 25
$14.6B
$1.9B
Q4 24
$14.3B
$1.8B
Q3 24
$14.2B
$1.8B
Q2 24
$14.5B
$1.8B
Debt / Equity
CWEN
CWEN
FELE
FELE
Q1 26
0.10×
Q4 25
1.36×
0.10×
Q3 25
1.41×
0.10×
Q2 25
1.49×
0.01×
Q1 25
1.33×
0.01×
Q4 24
1.21×
0.01×
Q3 24
1.20×
0.01×
Q2 24
1.19×
0.07×

Cash Flow & Capital Efficiency

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

Metric
CWEN
CWEN
FELE
FELE
Operating Cash FlowLast quarter
$177.0M
Free Cash FlowOCF − Capex
$71.0M
FCF MarginFCF / Revenue
22.9%
Capex IntensityCapex / Revenue
34.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$369.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWEN
CWEN
FELE
FELE
Q1 26
Q4 25
$177.0M
$104.2M
Q3 25
$225.0M
$102.7M
Q2 25
$191.0M
$51.5M
Q1 25
$95.0M
$-19.5M
Q4 24
$192.0M
$110.3M
Q3 24
$301.0M
$116.1M
Q2 24
$196.0M
$36.4M
Free Cash Flow
CWEN
CWEN
FELE
FELE
Q1 26
Q4 25
$71.0M
$88.7M
Q3 25
$144.0M
$91.3M
Q2 25
$115.0M
$39.9M
Q1 25
$39.0M
$-26.3M
Q4 24
$142.0M
$97.5M
Q3 24
$266.0M
$106.6M
Q2 24
$92.0M
$26.1M
FCF Margin
CWEN
CWEN
FELE
FELE
Q1 26
Q4 25
22.9%
17.5%
Q3 25
33.6%
15.7%
Q2 25
29.3%
6.8%
Q1 25
13.1%
-5.8%
Q4 24
55.5%
20.1%
Q3 24
54.7%
20.1%
Q2 24
25.1%
4.8%
Capex Intensity
CWEN
CWEN
FELE
FELE
Q1 26
Q4 25
34.2%
3.1%
Q3 25
18.9%
2.0%
Q2 25
19.4%
2.0%
Q1 25
18.8%
1.5%
Q4 24
19.5%
2.6%
Q3 24
7.2%
1.8%
Q2 24
28.4%
1.9%
Cash Conversion
CWEN
CWEN
FELE
FELE
Q1 26
Q4 25
2.65×
Q3 25
0.95×
6.14×
Q2 25
5.79×
0.86×
Q1 25
23.75×
-0.63×
Q4 24
64.00×
3.28×
Q3 24
8.36×
2.13×
Q2 24
3.84×
0.62×

Financial Flow Comparison

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

Related Comparisons