MetaCap

Clearway Energy (CWEN) vs Emera (EMA)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Emera (EMA) has outperformed Clearway Energy (CWEN) over the past year, losing 4.5% versus a loss of 6.3%. Over five years, EMA leads with a -3.2% price change compared with -4.1% for CWEN. Emera is the larger company by market cap ($14.08 billion vs $7.39 billion), about 1.9 times the size.

On valuation, Emera trades at a lower forward P/E (17.7x vs 18.3x for Clearway Energy). Emera offers the higher dividend yield (6.38% vs 6.10%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

CWEN-6.26%EMA-4.54%
+31%+10%-11%
Oct 8, 20251 yearOct 8, 2026
CWEN-7.30%EMA-1.33%
+31%-4%-39%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

CWEN versus EMA key metrics
MetricCWENEMA
Share price$29.95$45.85
Market cap$7.39B$14.08B
1-day change-1.12%+0.09%
YTD return-9.95%-6.88%
1-year return-6.26%-4.54%
5-year return-4.07%-3.17%
P/E ratio (TTM)38.9020.02
Forward P/E18.2917.72
EPS (TTM)$0.77$2.29
Dividend yield6.10%6.38%
Annual dividend$1.83$2.92
Revenue (latest FY)$1.43B—
Revenue growth (YoY)+4.23%—
Net income (latest FY)$169.00M—
Gross margin62.91%—
Operating margin11.20%—
Net margin11.83%—
52-week high$41.74$55.49
52-week low$28.57$45.40
Distance from 52-week high-28.25%-17.37%
Analyst consensusstrong_buyhold
Avg. price target upside+38.56%+15.59%
Average volume1.19M531.06K
Shares outstanding121.17M307.15M
Employees—7,812
SectorUtilitiesUtilities
IndustryElectric Utilities: CentralElectric Utilities: Central

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Clearway Energy trades at a higher earnings multiple (38.9x vs 20.0x trailing P/E).

About Clearway Energy

CWEN stock →

Clearway Energy, Inc. operates in the clean energy generation assets business in the United States.

Utilities · Electric Utilities: Central

About Emera

EMA stock →

Emera Incorporated, an energy and services company, invests in generation, transmission, and distribution of electricity in the United States, Canada, Barbados, and the Bahamas. The company operates through Florida Electric Utility, Canadian Electric Utilities, Gas Utilities and Infrastructure, Other Electric Utilities, and Other segments.

Utilities · Electric Utilities: Central · 7,812 employees

CWEN vs EMA FAQ

Which is bigger, Clearway Energy or Emera?

Emera (EMA) is larger, with a market capitalization of $14.08B compared with $7.39B for Clearway Energy (CWEN).

Which stock has performed better over the past year, CWEN or EMA?

EMA returned -4.54% over the past 12 months, compared with -6.26% for CWEN (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, CWEN or EMA?

EMA has the lower trailing P/E at 20.0, versus 38.9 for CWEN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Clearway Energy or Emera?

Emera has the higher yield at 6.38%, compared with 6.10% for Clearway Energy.

Are Clearway Energy and Emera in the same industry?

Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.

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