Fluence Energy FLNC
NASDAQ FLNC
$7.82 +0.32 (+4.27%)
At close: Sep 29, 2026 · 4:00 PM EDT

Fluence Energy (FLNC) Debt Ratio (2021 - 2024)

Updated

Fluence Energy's (FLNC) Debt Ratio was 0.02 for fiscal Q4 2024 (quarter ended Sep 30, 2024), down 57.3% from 0.04 a year earlier and down 49.8% from the prior quarter.

Analysis

Fluence Energy (FLNC) Debt Ratio (2021 - 2024) Analysis & Trends

Dating back to fiscal Q4 2021, Fluence Energy's Debt Ratio record includes 9 quarters.

  • By fiscal year, Debt Ratio came in at 0.04 in FY2023 and 0.14 in FY2021.
  • The fiscal Q4 2024 figure ranks as the lowest quarterly Debt Ratio since fiscal Q2 2023.
  • Year over year, Debt Ratio gained in three of the last four quarters, with growth averaging 95.1%.
  • Per Business Quant data, the three fiscal quarters before Q4 2024 came in at 0.03 (Q3 2024), 0.04 (Q2 2024) and 0.03 (Q1 2024).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 GE Vernova 252.94 Bn 214.01 Bn 2.36 Bn 0.03
2 Bloom Energy 77.11 Bn 68.94 Bn 355.57 Mn 0.00
3 First Solar 18.59 Bn 9.54 Bn 605.00 Mn 0.00
4 BWX Technologies 12.31 Bn 10.61 Bn 202.31 Mn 0.46
5 Generac Holdings 12.11 Bn 10.94 Bn 521.81 Mn 0.23
6 Nextpower 12.00 Bn 7.89 Bn 335.85 Mn -
7 EnerSys 6.46 Bn 4.66 Bn 313.36 Mn 0.26
8 Enphase Energy 4.08 Bn -774.96 Mn 175.01 Mn 0.20
9 Mirion Technologies 3.51 Bn 1.40 Bn 133.10 Mn 0.13
10 Fluence Energy 1.38 Bn -427.67 Mn 33.24 Mn -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2024 0.02
Jun 30, 2024 0.03
Mar 31, 2024 0.04
Dec 31, 2023 0.03
Sep 30, 2023 0.04
Jun 30, 2023 0.03
Mar 31, 2023 0.01
Dec 31, 2022 0.01
Sep 30, 2021 0.14
API Access

Fluence Energy Debt 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=debt-ratio&ticker=FLNC&period=max&api_key=YOUR_API_KEY