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Side-by-side financial comparison of Clearway Energy, Inc. (CWEN) and INSTEEL INDUSTRIES INC (IIIN). Click either name above to swap in a different company.

Clearway Energy, Inc. is the larger business by last-quarter revenue ($310.0M vs $159.9M, roughly 1.9× INSTEEL INDUSTRIES INC). INSTEEL INDUSTRIES INC runs the higher net margin — 4.7% vs -33.5%, a 38.3% gap on every dollar of revenue. On growth, INSTEEL INDUSTRIES INC posted the faster year-over-year revenue change (23.3% vs 21.1%). Clearway Energy, Inc. produced more free cash flow last quarter ($71.0M vs $-2.2M). Over the past eight quarters, INSTEEL INDUSTRIES INC's revenue compounded faster (12.0% CAGR vs 8.6%).

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...

Insteel Industries Inc is a leading U.S. manufacturer of steel reinforcing products including welded wire reinforcement and steel fibers. It primarily serves non-residential construction, infrastructure, and precast concrete segments across North America, delivering high-performance reinforcement solutions for various construction projects.

CWEN vs IIIN — Head-to-Head

Bigger by revenue
CWEN
CWEN
1.9× larger
CWEN
$310.0M
$159.9M
IIIN
Growing faster (revenue YoY)
IIIN
IIIN
+2.2% gap
IIIN
23.3%
21.1%
CWEN
Higher net margin
IIIN
IIIN
38.3% more per $
IIIN
4.7%
-33.5%
CWEN
More free cash flow
CWEN
CWEN
$73.2M more FCF
CWEN
$71.0M
$-2.2M
IIIN
Faster 2-yr revenue CAGR
IIIN
IIIN
Annualised
IIIN
12.0%
8.6%
CWEN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CWEN
CWEN
IIIN
IIIN
Revenue
$310.0M
$159.9M
Net Profit
$-104.0M
$7.6M
Gross Margin
51.9%
11.3%
Operating Margin
-11.9%
6.0%
Net Margin
-33.5%
4.7%
Revenue YoY
21.1%
23.3%
Net Profit YoY
-3566.7%
602.4%
EPS (diluted)
$0.39

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
IIIN
IIIN
Q4 25
$310.0M
$159.9M
Q3 25
$429.0M
$177.4M
Q2 25
$392.0M
$179.9M
Q1 25
$298.0M
$160.7M
Q4 24
$256.0M
$129.7M
Q3 24
$486.0M
$134.3M
Q2 24
$366.0M
$145.8M
Q1 24
$263.0M
$127.4M
Net Profit
CWEN
CWEN
IIIN
IIIN
Q4 25
$-104.0M
$7.6M
Q3 25
$236.0M
$14.6M
Q2 25
$33.0M
$15.2M
Q1 25
$4.0M
$10.2M
Q4 24
$3.0M
$1.1M
Q3 24
$36.0M
$4.7M
Q2 24
$51.0M
$6.6M
Q1 24
$-2.0M
$6.9M
Gross Margin
CWEN
CWEN
IIIN
IIIN
Q4 25
51.9%
11.3%
Q3 25
70.2%
16.1%
Q2 25
66.6%
17.1%
Q1 25
59.1%
15.3%
Q4 24
52.0%
7.3%
Q3 24
72.2%
9.1%
Q2 24
68.0%
10.6%
Q1 24
52.1%
12.3%
Operating Margin
CWEN
CWEN
IIIN
IIIN
Q4 25
-11.9%
6.0%
Q3 25
26.1%
10.8%
Q2 25
21.7%
11.0%
Q1 25
8.3%
Q4 24
-14.5%
1.1%
Q3 24
36.6%
4.5%
Q2 24
23.0%
6.0%
Q1 24
-11.0%
7.0%
Net Margin
CWEN
CWEN
IIIN
IIIN
Q4 25
-33.5%
4.7%
Q3 25
55.0%
8.2%
Q2 25
8.4%
8.4%
Q1 25
1.3%
6.4%
Q4 24
1.2%
0.8%
Q3 24
7.4%
3.5%
Q2 24
13.9%
4.5%
Q1 24
-0.8%
5.4%
EPS (diluted)
CWEN
CWEN
IIIN
IIIN
Q4 25
$0.39
Q3 25
$0.74
Q2 25
$0.78
Q1 25
$0.52
Q4 24
$0.06
Q3 24
$0.24
Q2 24
$0.34
Q1 24
$0.35

Balance Sheet & Financial Strength

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

Metric
CWEN
CWEN
IIIN
IIIN
Cash + ST InvestmentsLiquidity on hand
$231.0M
$15.6M
Total DebtLower is stronger
$7.9B
Stockholders' EquityBook value
$5.8B
$358.8M
Total Assets
$16.7B
$456.1M
Debt / EquityLower = less leverage
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWEN
CWEN
IIIN
IIIN
Q4 25
$231.0M
$15.6M
Q3 25
$251.0M
$38.6M
Q2 25
$260.0M
$53.7M
Q1 25
$297.0M
$28.4M
Q4 24
$332.0M
$36.0M
Q3 24
$292.0M
$111.5M
Q2 24
$226.0M
$97.7M
Q1 24
$478.0M
$83.9M
Total Debt
CWEN
CWEN
IIIN
IIIN
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
IIIN
IIIN
Q4 25
$5.8B
$358.8M
Q3 25
$5.7B
$371.5M
Q2 25
$5.5B
$356.2M
Q1 25
$5.4B
$341.4M
Q4 24
$5.6B
$331.6M
Q3 24
$5.6B
$350.9M
Q2 24
$5.7B
$346.0M
Q1 24
$5.0B
$340.6M
Total Assets
CWEN
CWEN
IIIN
IIIN
Q4 25
$16.7B
$456.1M
Q3 25
$16.1B
$462.6M
Q2 25
$16.0B
$471.9M
Q1 25
$14.6B
$421.9M
Q4 24
$14.3B
$404.7M
Q3 24
$14.2B
$422.6M
Q2 24
$14.5B
$414.6M
Q1 24
$14.9B
$397.2M
Debt / Equity
CWEN
CWEN
IIIN
IIIN
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
IIIN
IIIN
Operating Cash FlowLast quarter
$177.0M
$-701.0K
Free Cash FlowOCF − Capex
$71.0M
$-2.2M
FCF MarginFCF / Revenue
22.9%
-1.4%
Capex IntensityCapex / Revenue
34.2%
0.9%
Cash ConversionOCF / Net Profit
-0.09×
TTM Free Cash FlowTrailing 4 quarters
$369.0M
$439.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWEN
CWEN
IIIN
IIIN
Q4 25
$177.0M
$-701.0K
Q3 25
$225.0M
$-17.0M
Q2 25
$191.0M
$28.5M
Q1 25
$95.0M
$-3.3M
Q4 24
$192.0M
$19.0M
Q3 24
$301.0M
$16.2M
Q2 24
$196.0M
$18.8M
Q1 24
$81.0M
$1.4M
Free Cash Flow
CWEN
CWEN
IIIN
IIIN
Q4 25
$71.0M
$-2.2M
Q3 25
$144.0M
$-18.7M
Q2 25
$115.0M
$26.9M
Q1 25
$39.0M
$-5.5M
Q4 24
$142.0M
$16.3M
Q3 24
$266.0M
$14.5M
Q2 24
$92.0M
$15.5M
Q1 24
$-17.0M
$-580.0K
FCF Margin
CWEN
CWEN
IIIN
IIIN
Q4 25
22.9%
-1.4%
Q3 25
33.6%
-10.6%
Q2 25
29.3%
15.0%
Q1 25
13.1%
-3.5%
Q4 24
55.5%
12.6%
Q3 24
54.7%
10.8%
Q2 24
25.1%
10.7%
Q1 24
-6.5%
-0.5%
Capex Intensity
CWEN
CWEN
IIIN
IIIN
Q4 25
34.2%
0.9%
Q3 25
18.9%
1.0%
Q2 25
19.4%
0.9%
Q1 25
18.8%
1.4%
Q4 24
19.5%
2.1%
Q3 24
7.2%
1.3%
Q2 24
28.4%
2.2%
Q1 24
37.3%
1.5%
Cash Conversion
CWEN
CWEN
IIIN
IIIN
Q4 25
-0.09×
Q3 25
0.95×
-1.17×
Q2 25
5.79×
1.88×
Q1 25
23.75×
-0.32×
Q4 24
64.00×
17.56×
Q3 24
8.36×
3.48×
Q2 24
3.84×
2.86×
Q1 24
0.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CWEN
CWEN

Segment breakdown not available.

IIIN
IIIN

Welded Wire Reinforcement$108.4M68%
PC Strand$51.6M32%

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