Fluence Energy (FLNC) Return on Assets [ROA] (2021 - 2026)
Fluence Energy's Return on Assets [ROA] was -4.51% in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 3.40 percentage points from -1.12% a year earlier and down 1.88 percentage points from the prior quarter.
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Analysis
Fluence Energy (FLNC) Return on Assets [ROA] (2021 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Return on Assets [ROA] at Fluence Energy came in at -3.19%, down 5.06 percentage points from FY2024.
- Return on Assets [ROA] shows a three-year change of +18.64 percentage points (FY2022 to FY2025).
- In earlier fiscal years, Return on Assets [ROA] was 1.87% in FY2024 (+8.63 pp), -6.77% in FY2023 (+15.06 pp) and -21.83% in FY2022.
- The fiscal Q3 2026 figure marks the lowest quarterly Return on Assets [ROA] since fiscal Q1 2024.
- Compared with a year earlier, Return on Assets [ROA] has declined for four straight quarters, with an average year-over-year change of +0.72 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Assets [ROA] over five years was fiscal Q1 2023 (a gain of 10.85 percentage points); the worst was fiscal Q4 2025 (a drop of 4.76 percentage points).
- Per Business Quant data, FLNC's Return on Assets [ROA] in the three fiscal quarters before Q3 2026 was -2.64% (Q2 2026), -3.18% (Q1 2026) and -3.07% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 12.18% |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 4.88% |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 13.06% |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 4.56% |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | 14.25% |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 8.14% |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 8.86% |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 4.75% |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 0.73% |
| 10 | Fluence Energy | 1.40 Bn | -407.37 Mn | 33.24 Mn | -4.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.51% |
| Mar 31, 2026 | -2.64% |
| Dec 31, 2025 | -3.18% |
| Sep 30, 2025 | -3.07% |
| Jun 30, 2025 | -1.12% |
| Mar 31, 2025 | -1.34% |
| Dec 31, 2024 | -0.05% |
| Sep 30, 2024 | 1.69% |
| Jun 30, 2024 | -2.02% |
| Mar 31, 2024 | -4.10% |
| Dec 31, 2023 | -5.88% |
| Sep 30, 2023 | -7.19% |
| Jun 30, 2023 | -9.44% |
| Mar 31, 2023 | -9.35% |
| Dec 31, 2022 | -11.03% |
| Sep 30, 2022 | -15.73% |
| Jun 30, 2022 | -18.90% |
| Mar 31, 2022 | -18.62% |
| Dec 31, 2021 | -21.87% |
API Access
Fluence Energy Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=FLNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=FLNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();