# Fluence Energy Inc. (FLNC) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Utilities / Electric Utilities. Price $10.35, market value $1.9 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Fluence Energy Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.7×**. Each dollar of revenue is priced at 0.7×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 4.0×**. The shares trade at 4.0× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -6.0%** (5-yr avg -10.6%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 9.3%**. Fluence Energy Inc. keeps 9.3% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Net margin: -2.1%**. The company reported a net loss over the last twelve months.
- **Return on equity: -11.2%**. Return on equity is negative because earnings are negative.
- **Return on assets: -3.4%**. Each dollar of assets produces -3.4% of profit.

## Growth
- **Revenue growth (1 yr): -16.1%** (3-yr 23.6%/yr, 5-yr 32.2%/yr). Revenue fell 16.1% over the last year, against 32.2% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -384.6%**. Earnings per share fell 384.6%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Fluence Energy Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: hold** (18 analysts). 18 analysts cover Fluence Energy Inc.; the consensus is hold, with an average price target of $16.33 (+58% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 53.3%** (YTD -47.7%, 3-mo -54.8%). The shares are up 53.3% over twelve months including dividends.
- **From 52-week high: -69.1%** (56.8% above the low). Trading 69% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 34**. An RSI of 34 is neutral.
- **Beta (1 yr): 4.16** (volatility 128%). Beta of 4.16 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FLNC · Page: https://foliofundamentals.com/stocks/flnc

Not investment advice.