CWEN vs BEP Stock Comparison: AI Score, Valuation, Performance and Upside
BEP is a larger, globally diversified renewable energy LP with Brookfield's institutional backing and geographic breadth, while CWEN is a smaller, U.S.-focused renewable energy yieldco with a contracted asset portfolio and dividend focus. Both are designed for investors seeking renewable energy income, but with very different scale and geographic diversification.
CWEN vs BEP compares two renewable energy income vehicles: Clearway's U.S.-focused contracted yieldco versus Brookfield Renewable's global renewable energy LP with Brookfield's institutional backing.
BEP holds the edge across 2 of 5 key metrics in this comparison. BEP leads on both 1-year return (+41.65%) and forward P/E (-23.78x vs 16.16x for CWEN), a relatively favorable combination of momentum and valuation. Analyst consensus implies meaningfully more upside for CWEN (+16.86%) than for BEP (+1.72%).
- →Want U.S.-focused renewable energy income from a contracted generation portfolio
- →Prefer a corporate structure (C-corp) over an LP for simpler tax treatment
- →Value Clearway's relatively concentrated U.S. portfolio for direct domestic renewable energy exposure
- →Want globally diversified renewable energy exposure with Brookfield's institutional backing
- →Target 5-9% annual distribution growth from a large, established renewable energy portfolio
- →Are comfortable with LP tax treatment (K-1) in exchange for Brookfield's global deal flow access
| Metric | CWEN | BEP |
|---|---|---|
| AI score | 38.3 | 38.3 |
| AI rank | #1295 | #1296 |
| Latest close | $37.42 | $35.24 |
| 1M return | +4.96% | +4.62% |
| 6M return | +17.55% | +35.02% |
| 1Y return | +22.72% | +41.65% |
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | CWEN | BEP |
|---|---|---|
| 1Y ago | $12.94K (+29.4%) started 2025-06-18 | $14.49K (+44.9%) started 2025-06-18 |
| 5Y ago | $24.45K (+144.5%) started 2021-06-18 | $14.49K (+44.9%) started 2021-06-18 |
| 10Y ago | $86.61K (+766.1%) started 2016-06-20 | $70.3K (+603.0%) started 2016-06-20 |
Hypothetical — past performance does not guarantee future results.
| Metric | CWEN | BEP |
|---|---|---|
| Market cap | $8.98B | $22.67B |
| Trailing P/E | 374.20 | N/A |
| Forward P/E | 16.16 | -23.78 |
| Price/Sales | 6.05 | 3.58 |
| EV/Revenue | 12.11 | 13.27 |
| Analyst target | $43.73 | $35.85 |
| Target upside | +16.86% | +1.72% |
| Metric | CWEN | BEP |
|---|---|---|
| Revenue growth | 18.80% | -4.20% |
| Earnings growth | N/A | N/A |
| EPS growth | N/A | N/A |
| FCF margin | +28.50% | -167.87% |
| Operating margin | N/A | N/A |
| Profit margin | 0.61% | 0.35% |
| ROIC proxy | -3.55% | 1.52% |
| Return on equity | -3.55% | 1.52% |
| Dividend yield | 4.85% | 4.41% |
| Beta | 0.86 | 0.99 |
| Debt/equity | 178.93 | 106.11 |
| Current ratio | 1.11 | 0.75 |
| Quick ratio | 0.57 | 0.34 |
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | CWEN | BEP |
|---|---|---|---|
| 1Y | Growth | +22.72% | +41.65% |
| CAGR | +22.73% | +41.69% | |
| Sharpe ratio | 0.69 | 1.20 | |
| Max drawdown | 14.15% | 15.39% | |
| Max daily drop | 5.67% | 6.58% | |
| Max wkly drop | 10.31% | 7.62% | |
| 5Y | Growth | +82.03% | +14.21% |
| CAGR | +12.73% | +2.69% | |
| Sharpe ratio | 0.40 | 0.09 | |
| Max drawdown | 52.09% | 47.46% | |
| Max daily drop | 8.83% | 8.46% | |
| Max wkly drop | 17.33% | 21.29% | |
| 10Y | Growth | +330.15% | +274.86% |
| CAGR | +15.72% | +14.14% | |
| Sharpe ratio | 0.48 | 0.44 | |
| Max drawdown | 52.09% | 54.27% | |
| Max daily drop | 17.12% | 14.30% | |
| Max wkly drop | 22.67% | 27.41% |
| Category | CWEN | BEP |
|---|---|---|
| Company | Clearway Energy, Inc. | Brookfield Renewable Partners L.P. |
| Sector | Utilities - Renewable Energy Yieldco | Utilities - Global Renewable Energy |
| Industry | N/A | N/A |
| Core business | Clearway Energy is a U.S.-focused renewable energy yieldco that owns and operates wind, solar, and natural gas generation assets, distributing the majority of its cash flows to shareholders as dividends. | Brookfield Renewable is one of the world's largest publicly traded renewable energy companies, owned by Brookfield Asset Management, with hydropower, wind, solar, and battery storage assets across North America, South America, Europe, and Asia. |
| Investor focus | Investors track Clearway's cash available for distribution (CAFD), dividend growth outlook, contracted revenue backlog, and asset base growth as it adds renewable energy capacity. | Investors track Brookfield Renewable's funds from operations (FFO) per unit growth, distribution per unit growth (targeting 5-9% annually), asset rotation and acquisition strategy, and global renewable energy portfolio expansion. |
- →U.S.-focused portfolio of contracted renewable energy assets with long-term power purchase agreements
- →Dividend-focused yieldco structure provides attractive income for renewable energy investors
- →Clearway parent company (GIP, Global Infrastructure Partners) provides deal flow and capital support
- →One of the world's largest publicly traded renewable energy companies by capacity and geographic breadth
- →Brookfield Asset Management sponsorship provides access to significant deal flow, capital, and operational expertise
- →Diversified renewable energy technology and global geography reduces single-market and weather risk
- →Yieldco structure relies on external capital to fund new asset acquisitions, making cost of capital sensitive to interest rates
- →Natural gas assets create a slight carbon exposure mixed into the mostly renewable portfolio
- →Distribution coverage and growth are dependent on continued asset additions at attractive valuations
- →Limited partnership (LP) structure creates more complex tax treatment for some U.S. investors (Schedule K-1)
- →Global exposure creates currency risk across multiple currencies
- →Premium valuation reflects quality and distribution growth expectations that must be sustained
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