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Side-by-side financial comparison of Clearway Energy, Inc. (CWEN) and VERRA MOBILITY Corp (VRRM). Click either name above to swap in a different company.

Clearway Energy, Inc. is the larger business by last-quarter revenue ($310.0M vs $257.9M, roughly 1.2× VERRA MOBILITY Corp). VERRA MOBILITY Corp runs the higher net margin — 7.3% vs -33.5%, a 40.9% gap on every dollar of revenue. On growth, Clearway Energy, Inc. posted the faster year-over-year revenue change (21.1% vs 16.4%). Clearway Energy, Inc. produced more free cash flow last quarter ($71.0M vs $5.7M). Over the past eight quarters, VERRA MOBILITY Corp's revenue compounded faster (10.9% 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...

Verra Mobility Corp is a leading global smart mobility technology solution provider. It delivers toll management, parking and traffic compliance enforcement, connected vehicle services, and fleet management tools, serving government transport agencies, rental car operators, commercial fleet owners, and automotive partners across North America, Europe, and Asia-Pacific.

CWEN vs VRRM — Head-to-Head

Bigger by revenue
CWEN
CWEN
1.2× larger
CWEN
$310.0M
$257.9M
VRRM
Growing faster (revenue YoY)
CWEN
CWEN
+4.7% gap
CWEN
21.1%
16.4%
VRRM
Higher net margin
VRRM
VRRM
40.9% more per $
VRRM
7.3%
-33.5%
CWEN
More free cash flow
CWEN
CWEN
$65.3M more FCF
CWEN
$71.0M
$5.7M
VRRM
Faster 2-yr revenue CAGR
VRRM
VRRM
Annualised
VRRM
10.9%
8.6%
CWEN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CWEN
CWEN
VRRM
VRRM
Revenue
$310.0M
$257.9M
Net Profit
$-104.0M
$18.9M
Gross Margin
51.9%
Operating Margin
-11.9%
16.7%
Net Margin
-33.5%
7.3%
Revenue YoY
21.1%
16.4%
Net Profit YoY
-3566.7%
128.3%
EPS (diluted)
$0.12

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
VRRM
VRRM
Q4 25
$310.0M
$257.9M
Q3 25
$429.0M
$261.9M
Q2 25
$392.0M
$236.0M
Q1 25
$298.0M
$223.3M
Q4 24
$256.0M
$221.5M
Q3 24
$486.0M
$225.6M
Q2 24
$366.0M
$222.4M
Q1 24
$263.0M
$209.7M
Net Profit
CWEN
CWEN
VRRM
VRRM
Q4 25
$-104.0M
$18.9M
Q3 25
$236.0M
$46.8M
Q2 25
$33.0M
$38.6M
Q1 25
$4.0M
$32.3M
Q4 24
$3.0M
$-66.7M
Q3 24
$36.0M
$34.7M
Q2 24
$51.0M
$34.2M
Q1 24
$-2.0M
$29.1M
Gross Margin
CWEN
CWEN
VRRM
VRRM
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%
Q1 24
52.1%
Operating Margin
CWEN
CWEN
VRRM
VRRM
Q4 25
-11.9%
16.7%
Q3 25
26.1%
28.6%
Q2 25
21.7%
26.8%
Q1 25
25.7%
Q4 24
-14.5%
-19.6%
Q3 24
36.6%
28.3%
Q2 24
23.0%
27.5%
Q1 24
-11.0%
25.9%
Net Margin
CWEN
CWEN
VRRM
VRRM
Q4 25
-33.5%
7.3%
Q3 25
55.0%
17.9%
Q2 25
8.4%
16.3%
Q1 25
1.3%
14.5%
Q4 24
1.2%
-30.1%
Q3 24
7.4%
15.4%
Q2 24
13.9%
15.4%
Q1 24
-0.8%
13.9%
EPS (diluted)
CWEN
CWEN
VRRM
VRRM
Q4 25
$0.12
Q3 25
$0.29
Q2 25
$0.24
Q1 25
$0.20
Q4 24
$-0.39
Q3 24
$0.21
Q2 24
$0.20
Q1 24
$0.17

Balance Sheet & Financial Strength

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

Metric
CWEN
CWEN
VRRM
VRRM
Cash + ST InvestmentsLiquidity on hand
$231.0M
$65.3M
Total DebtLower is stronger
$7.9B
$1.0B
Stockholders' EquityBook value
$5.8B
$293.0M
Total Assets
$16.7B
$1.6B
Debt / EquityLower = less leverage
1.36×
3.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CWEN
CWEN
VRRM
VRRM
Q4 25
$231.0M
$65.3M
Q3 25
$251.0M
$196.1M
Q2 25
$260.0M
$147.7M
Q1 25
$297.0M
$108.5M
Q4 24
$332.0M
$77.6M
Q3 24
$292.0M
$206.1M
Q2 24
$226.0M
$122.0M
Q1 24
$478.0M
$149.5M
Total Debt
CWEN
CWEN
VRRM
VRRM
Q4 25
$7.9B
$1.0B
Q3 25
$8.1B
$1.0B
Q2 25
$8.3B
$1.0B
Q1 25
$7.2B
$1.0B
Q4 24
$6.8B
$1.0B
Q3 24
$6.7B
$1.0B
Q2 24
$6.8B
$1.0B
Q1 24
$7.6B
$1.0B
Stockholders' Equity
CWEN
CWEN
VRRM
VRRM
Q4 25
$5.8B
$293.0M
Q3 25
$5.7B
$403.1M
Q2 25
$5.5B
$352.1M
Q1 25
$5.4B
$299.6M
Q4 24
$5.6B
$265.1M
Q3 24
$5.6B
$486.5M
Q2 24
$5.7B
$438.6M
Q1 24
$5.0B
$449.0M
Total Assets
CWEN
CWEN
VRRM
VRRM
Q4 25
$16.7B
$1.6B
Q3 25
$16.1B
$1.8B
Q2 25
$16.0B
$1.7B
Q1 25
$14.6B
$1.6B
Q4 24
$14.3B
$1.6B
Q3 24
$14.2B
$1.9B
Q2 24
$14.5B
$1.8B
Q1 24
$14.9B
$1.8B
Debt / Equity
CWEN
CWEN
VRRM
VRRM
Q4 25
1.36×
3.51×
Q3 25
1.41×
2.55×
Q2 25
1.49×
2.93×
Q1 25
1.33×
3.45×
Q4 24
1.21×
3.90×
Q3 24
1.20×
2.13×
Q2 24
1.19×
2.36×
Q1 24
1.50×
2.31×

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
VRRM
VRRM
Operating Cash FlowLast quarter
$177.0M
$40.0M
Free Cash FlowOCF − Capex
$71.0M
$5.7M
FCF MarginFCF / Revenue
22.9%
2.2%
Capex IntensityCapex / Revenue
34.2%
13.3%
Cash ConversionOCF / Net Profit
2.12×
TTM Free Cash FlowTrailing 4 quarters
$369.0M
$136.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CWEN
CWEN
VRRM
VRRM
Q4 25
$177.0M
$40.0M
Q3 25
$225.0M
$77.7M
Q2 25
$191.0M
$75.1M
Q1 25
$95.0M
$63.0M
Q4 24
$192.0M
$40.5M
Q3 24
$301.0M
$108.8M
Q2 24
$196.0M
$40.0M
Q1 24
$81.0M
$34.3M
Free Cash Flow
CWEN
CWEN
VRRM
VRRM
Q4 25
$71.0M
$5.7M
Q3 25
$144.0M
$49.0M
Q2 25
$115.0M
$40.3M
Q1 25
$39.0M
$41.7M
Q4 24
$142.0M
$21.6M
Q3 24
$266.0M
$85.1M
Q2 24
$92.0M
$26.0M
Q1 24
$-17.0M
$20.1M
FCF Margin
CWEN
CWEN
VRRM
VRRM
Q4 25
22.9%
2.2%
Q3 25
33.6%
18.7%
Q2 25
29.3%
17.1%
Q1 25
13.1%
18.7%
Q4 24
55.5%
9.8%
Q3 24
54.7%
37.7%
Q2 24
25.1%
11.7%
Q1 24
-6.5%
9.6%
Capex Intensity
CWEN
CWEN
VRRM
VRRM
Q4 25
34.2%
13.3%
Q3 25
18.9%
11.0%
Q2 25
19.4%
14.8%
Q1 25
18.8%
9.5%
Q4 24
19.5%
8.5%
Q3 24
7.2%
10.5%
Q2 24
28.4%
6.3%
Q1 24
37.3%
6.8%
Cash Conversion
CWEN
CWEN
VRRM
VRRM
Q4 25
2.12×
Q3 25
0.95×
1.66×
Q2 25
5.79×
1.95×
Q1 25
23.75×
1.95×
Q4 24
64.00×
Q3 24
8.36×
3.13×
Q2 24
3.84×
1.17×
Q1 24
1.18×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CWEN
CWEN

Segment breakdown not available.

VRRM
VRRM

Services$239.5M93%
CA$8.4M3%
GB$5.7M2%
Other Customer$1.6M1%
Parking Solutions$1.1M0%

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