vs

Side-by-side financial comparison of Clearway Energy, Inc. (CWEN) and NATIONAL BEVERAGE CORP (FIZZ). Click either name above to swap in a different company.

Clearway Energy, Inc. is the larger business by last-quarter revenue ($310.0M vs $288.3M, roughly 1.1× NATIONAL BEVERAGE CORP). NATIONAL BEVERAGE CORP runs the higher net margin — 16.1% vs -33.5%, a 49.6% gap on every dollar of revenue. On growth, Clearway Energy, Inc. posted the faster year-over-year revenue change (21.1% vs -1.0%). Clearway Energy, Inc. produced more free cash flow last quarter ($71.0M vs $19.9M). Over the past eight quarters, Clearway Energy, Inc.'s revenue compounded faster (8.6% CAGR vs 3.3%).

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...

National Beverage Corp. is an American beverage developer, manufacturer, and distributor based in Fort Lauderdale, Florida, focused on flavored soft drinks, with its most noted brands being La Croix, Shasta, and Faygo.

CWEN vs FIZZ — Head-to-Head

Bigger by revenue
CWEN
CWEN
1.1× larger
CWEN
$310.0M
$288.3M
FIZZ
Growing faster (revenue YoY)
CWEN
CWEN
+22.1% gap
CWEN
21.1%
-1.0%
FIZZ
Higher net margin
FIZZ
FIZZ
49.6% more per $
FIZZ
16.1%
-33.5%
CWEN
More free cash flow
CWEN
CWEN
$51.1M more FCF
CWEN
$71.0M
$19.9M
FIZZ
Faster 2-yr revenue CAGR
CWEN
CWEN
Annualised
CWEN
8.6%
3.3%
FIZZ

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
CWEN
CWEN
FIZZ
FIZZ
Revenue
$310.0M
$288.3M
Net Profit
$-104.0M
$46.4M
Gross Margin
51.9%
37.9%
Operating Margin
-11.9%
20.1%
Net Margin
-33.5%
16.1%
Revenue YoY
21.1%
-1.0%
Net Profit YoY
-3566.7%
1.6%
EPS (diluted)
$0.49

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
FIZZ
FIZZ
Q4 25
$310.0M
$288.3M
Q3 25
$429.0M
$330.5M
Q2 25
$392.0M
$313.6M
Q1 25
$298.0M
$267.1M
Q4 24
$256.0M
$291.2M
Q3 24
$486.0M
$329.5M
Q2 24
$366.0M
$297.3M
Q1 24
$263.0M
$270.1M
Net Profit
CWEN
CWEN
FIZZ
FIZZ
Q4 25
$-104.0M
$46.4M
Q3 25
$236.0M
$55.8M
Q2 25
$33.0M
$44.8M
Q1 25
$4.0M
$39.6M
Q4 24
$3.0M
$45.6M
Q3 24
$36.0M
$56.8M
Q2 24
$51.0M
$43.7M
Q1 24
$-2.0M
$39.6M
Gross Margin
CWEN
CWEN
FIZZ
FIZZ
Q4 25
51.9%
37.9%
Q3 25
70.2%
38.0%
Q2 25
66.6%
36.1%
Q1 25
59.1%
37.1%
Q4 24
52.0%
37.6%
Q3 24
72.2%
37.2%
Q2 24
68.0%
36.7%
Q1 24
52.1%
35.9%
Operating Margin
CWEN
CWEN
FIZZ
FIZZ
Q4 25
-11.9%
20.1%
Q3 25
26.1%
21.4%
Q2 25
21.7%
18.3%
Q1 25
18.9%
Q4 24
-14.5%
19.9%
Q3 24
36.6%
21.1%
Q2 24
23.0%
17.8%
Q1 24
-11.0%
17.8%
Net Margin
CWEN
CWEN
FIZZ
FIZZ
Q4 25
-33.5%
16.1%
Q3 25
55.0%
16.9%
Q2 25
8.4%
14.3%
Q1 25
1.3%
14.8%
Q4 24
1.2%
15.7%
Q3 24
7.4%
17.2%
Q2 24
13.9%
14.7%
Q1 24
-0.8%
14.7%
EPS (diluted)
CWEN
CWEN
FIZZ
FIZZ
Q4 25
$0.49
Q3 25
$0.60
Q2 25
$0.47
Q1 25
$0.42
Q4 24
$0.49
Q3 24
$0.61
Q2 24
$-52.00
Q1 24
$0.42

Balance Sheet & Financial Strength

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

Metric
CWEN
CWEN
FIZZ
FIZZ
Cash + ST InvestmentsLiquidity on hand
$231.0M
$269.3M
Total DebtLower is stronger
$7.9B
Stockholders' EquityBook value
$5.8B
$551.3M
Total Assets
$16.7B
$749.0M
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWEN
CWEN
FIZZ
FIZZ
Q4 25
$231.0M
$269.3M
Q3 25
$251.0M
$249.8M
Q2 25
$260.0M
$193.8M
Q1 25
$297.0M
$149.2M
Q4 24
$332.0M
$112.8M
Q3 24
$292.0M
$77.0M
Q2 24
$226.0M
$327.0M
Q1 24
$478.0M
$277.0M
Total Debt
CWEN
CWEN
FIZZ
FIZZ
Q4 25
$7.9B
Q3 25
$8.1B
Q2 25
$8.3B
Q1 25
$7.2B
Q4 24
$6.8B
Q3 24
$6.7B
Q2 24
$6.8B
Q1 24
$7.6B
Stockholders' Equity
CWEN
CWEN
FIZZ
FIZZ
Q4 25
$5.8B
$551.3M
Q3 25
$5.7B
$504.1M
Q2 25
$5.5B
$444.0M
Q1 25
$5.4B
$400.2M
Q4 24
$5.6B
$360.1M
Q3 24
$5.6B
$306.6M
Q2 24
$5.7B
$559.5M
Q1 24
$5.0B
$510.2M
Total Assets
CWEN
CWEN
FIZZ
FIZZ
Q4 25
$16.7B
$749.0M
Q3 25
$16.1B
$737.8M
Q2 25
$16.0B
$672.9M
Q1 25
$14.6B
$594.0M
Q4 24
$14.3B
$557.4M
Q3 24
$14.2B
$522.6M
Q2 24
$14.5B
$770.2M
Q1 24
$14.9B
$719.9M
Debt / Equity
CWEN
CWEN
FIZZ
FIZZ
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×
Q1 24
1.50×

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
FIZZ
FIZZ
Operating Cash FlowLast quarter
$177.0M
$25.7M
Free Cash FlowOCF − Capex
$71.0M
$19.9M
FCF MarginFCF / Revenue
22.9%
6.9%
Capex IntensityCapex / Revenue
34.2%
2.0%
Cash ConversionOCF / Net Profit
0.55×
TTM Free Cash FlowTrailing 4 quarters
$369.0M
$156.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWEN
CWEN
FIZZ
FIZZ
Q4 25
$177.0M
$25.7M
Q3 25
$225.0M
$59.1M
Q2 25
$191.0M
$60.1M
Q1 25
$95.0M
$46.5M
Q4 24
$192.0M
$42.6M
Q3 24
$301.0M
$57.5M
Q2 24
$196.0M
$60.4M
Q1 24
$81.0M
$35.4M
Free Cash Flow
CWEN
CWEN
FIZZ
FIZZ
Q4 25
$71.0M
$19.9M
Q3 25
$144.0M
$56.0M
Q2 25
$115.0M
$44.6M
Q1 25
$39.0M
$36.3M
Q4 24
$142.0M
$35.7M
Q3 24
$266.0M
$53.8M
Q2 24
$92.0M
$49.6M
Q1 24
$-17.0M
$28.7M
FCF Margin
CWEN
CWEN
FIZZ
FIZZ
Q4 25
22.9%
6.9%
Q3 25
33.6%
16.9%
Q2 25
29.3%
14.2%
Q1 25
13.1%
13.6%
Q4 24
55.5%
12.3%
Q3 24
54.7%
16.3%
Q2 24
25.1%
16.7%
Q1 24
-6.5%
10.6%
Capex Intensity
CWEN
CWEN
FIZZ
FIZZ
Q4 25
34.2%
2.0%
Q3 25
18.9%
0.9%
Q2 25
19.4%
4.9%
Q1 25
18.8%
3.8%
Q4 24
19.5%
2.4%
Q3 24
7.2%
1.1%
Q2 24
28.4%
3.6%
Q1 24
37.3%
2.5%
Cash Conversion
CWEN
CWEN
FIZZ
FIZZ
Q4 25
0.55×
Q3 25
0.95×
1.06×
Q2 25
5.79×
1.34×
Q1 25
23.75×
1.17×
Q4 24
64.00×
0.93×
Q3 24
8.36×
1.01×
Q2 24
3.84×
1.38×
Q1 24
0.89×

Financial Flow Comparison

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

Related Comparisons