Clearway Energy, Inc. Earnings Per Share Disclosure
| Year Ended December 31, | |||||||||||||||||||||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||||||||||||||||||||
(In millions, except per share data) (a) | Common Class A | Common Class C | Common Class A | Common Class C | Common Class A | Common Class C | |||||||||||||||||||||||||||||
| Basic and diluted income per share attributable to Clearway Energy, Inc. common stockholders | |||||||||||||||||||||||||||||||||||
| Net income attributable to Clearway Energy, Inc. | $ | 49 | $ | 120 | $ | 26 | $ | 62 | $ | 23 | $ | 56 | |||||||||||||||||||||||
| Weighted average number of common shares outstanding — basic and diluted | 35 | 84 | 35 | 83 | 35 | 82 | |||||||||||||||||||||||||||||
| Earnings per weighted average common share — basic and diluted | $ | 1.43 | $ | 1.43 | $ | 0.75 | $ | 0.75 | $ | 0.67 | $ | 0.67 | |||||||||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 24, 2026 | Showing above |
| 2024 | Feb 25, 2025 | |
| 2023 | Feb 22, 2024 | |
| 2022 | Feb 23, 2023 | |
| 2019 | Mar 2, 2020 | |
| 2018 | Feb 28, 2019 | |
| 2017 | Mar 1, 2018 | |
| 2016 | Feb 28, 2017 | |
| 2015 | Feb 29, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.