Fluence Energy (FLNC) Asset Utilization Ratio (2021 - 2026)
Fluence Energy's (FLNC) Asset Utilization Ratio came in at 1.06 for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 5.9% from 1.13 a year earlier and down 5.3% from the prior quarter.
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Analysis
Fluence Energy (FLNC) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Since fiscal Q1 2022, Fluence Energy has reported Asset Utilization Ratio for 19 quarters.
- In prior fiscal years, Fluence Energy's Asset Utilization Ratio was 1.66 in FY2024 (+15.8%), 1.43 in FY2023 (+47.1%) and 0.97 in FY2022.
- Quarterly Asset Utilization Ratio has run from a low of 0.60 in fiscal Q3 2022 to a high of 1.52 in fiscal Q4 2023 over five years.
- On a year-over-year basis, Asset Utilization Ratio increased in 1 of the last eight quarters, with an average decline of 11.5%.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was fiscal Q4 2023, with growth of 116.9%; the weakest was fiscal Q4 2025, with a decline of 32.0%.
- According to Business Quant data, Asset Utilization Ratio for the three prior fiscal quarters was 1.12 (Q2 2026), 1.10 (Q1 2026) and 1.02 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.94 Bn | 214.01 Bn | 2.36 Bn | 0.53 |
| 2 | Bloom Energy | 77.11 Bn | 68.94 Bn | 355.57 Mn | 0.60 |
| 3 | First Solar | 18.59 Bn | 9.54 Bn | 605.00 Mn | 0.40 |
| 4 | BWX Technologies | 12.31 Bn | 10.61 Bn | 202.31 Mn | 0.80 |
| 5 | Generac Holdings | 12.11 Bn | 10.94 Bn | 521.81 Mn | 0.78 |
| 6 | Nextpower | 12.00 Bn | 7.89 Bn | 335.85 Mn | 0.87 |
| 7 | EnerSys | 6.46 Bn | 4.66 Bn | 313.36 Mn | 0.95 |
| 8 | Enphase Energy | 4.08 Bn | -774.96 Mn | 175.01 Mn | 0.47 |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 0.29 |
| 10 | Fluence Energy | 1.38 Bn | -427.67 Mn | 33.24 Mn | 1.06 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.06 |
| Mar 31, 2026 | 1.12 |
| Dec 31, 2025 | 1.10 |
| Sep 30, 2025 | 1.02 |
| Jun 30, 2025 | 1.13 |
| Mar 31, 2025 | 1.04 |
| Dec 31, 2024 | 1.23 |
| Sep 30, 2024 | 1.50 |
| Jun 30, 2024 | 1.33 |
| Mar 31, 2024 | 1.31 |
| Dec 31, 2023 | 1.43 |
| Sep 30, 2023 | 1.52 |
| Jun 30, 2023 | 1.13 |
| Mar 31, 2023 | 0.82 |
| Dec 31, 2022 | 0.68 |
| Sep 30, 2022 | 0.70 |
| Jun 30, 2022 | 0.60 |
| Mar 31, 2022 | 0.66 |
| Dec 31, 2021 | 0.67 |
API Access
Fluence Energy Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=FLNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "FLNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=FLNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();