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Fluence Energy, Inc. FLNC

Nasdaq · stock · Miscellaneous Electrical Machinery, Equipment & Supplies · website · IPO 2021-10-28 · LEI

Fluence Energy, Inc. statistics & valuation

Market cap$3.6B
P / S1.6×
P / B6.5×
Net margin-2.1%
Return on equity-8.8%
FCF margin-7.1%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-8.70% -3.10% 0.80% -2.10% 20212022202320242025
Gross margin (%)
-10.20% -5.20% 6.40% 12.60% 13.10% 20212022202320242025
Operating margin (%)
20212022202320242025
Return on equity (%)
-16.60% -12.50% 3.70% -8.80% 20212022202320242025
Shares outstanding
69.7M 116.4M 184.0M 130.3M 20212022202320242025
Net debt ($)
-$357.3M -$317.9M -$448.7M 20212022202320242025
Share buybacks ($)
20212022202320242025
Return on assets (%)
-6.00% -5.10% 1.20% -2.00% 20212022202320242025
Free cash flow margin (%)
-39.60% -24.20% -5.20% 2.70% -7.10% 20212022202320242025
Debt / equity (×)
0.00× 0.05× 0.00× 20212022202320242025
EPS ($)
-$1.50 -$0.60 $0.13 -$0.37 20212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021
Gross margin13.1%12.6%6.4%-5.2%-10.2%
Net margin-2.1%0.8%-3.1%-8.7%—
FCF margin-7.1%2.7%-5.2%-24.2%-39.6%
Return on assets-2.0%1.2%-5.1%-6.0%—
Return on equity-8.8%3.7%-12.5%-16.6%—
Debt / equity—0.00×0.05×0.00×—
Current ratio1.511.331.601.440.86

Computed from company filings · US · as of 2025-09-30. Facts plus Stocktoria's own computed scores — not investment advice.