Fluence Energy (FLNC) Return on Capital Employed [ROCE] (2021 - 2026)
Fluence Energy (FLNC) posted Return on Capital Employed [ROCE] of -0.61% for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 6.98 percentage points from 6.37% a year earlier and down 6.58 percentage points from the prior quarter.
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Analysis
Fluence Energy (FLNC) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Fluence Energy's Return on Capital Employed [ROCE] came in at 4.64%, down 21.51 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a three-year change of +202.35 percentage points (FY2022 to FY2025).
- In prior fiscal years, Fluence Energy's Return on Capital Employed [ROCE] was 26.14% in FY2024 (+34.35 pp), -8.21% in FY2023 (+189.50 pp) and -197.71% in FY2022.
- The fiscal Q3 2026 figure stands as the lowest quarterly Return on Capital Employed [ROCE] since fiscal Q2 2024.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined in each of the last five quarters, with an average year-over-year change of +3.82 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was fiscal Q4 2023, with a gain of 31.24 percentage points; the weakest was fiscal Q4 2025, with a drop of 13.47 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior fiscal quarters was 5.96% (Q2 2026), 4.30% (Q1 2026) and 5.50% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 262.99 Bn | 224.06 Bn | 2.36 Bn | 8.04% |
| 2 | Bloom Energy | 81.45 Bn | 73.27 Bn | 355.57 Mn | 8.69% |
| 3 | First Solar | 18.50 Bn | 9.45 Bn | 605.00 Mn | 16.07% |
| 4 | BWX Technologies | 12.53 Bn | 10.83 Bn | 202.31 Mn | 11.64% |
| 5 | Generac Holdings | 12.26 Bn | 11.09 Bn | 521.81 Mn | 9.38% |
| 6 | Nextpower | 12.05 Bn | 7.95 Bn | 335.85 Mn | 23.08% |
| 7 | EnerSys | 6.88 Bn | 5.08 Bn | 313.36 Mn | 15.27% |
| 8 | Enphase Energy | 4.34 Bn | -522.59 Mn | 175.01 Mn | 4.90% |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn | 1.68% |
| 10 | Fluence Energy | 1.40 Bn | -414.75 Mn | 33.24 Mn | -0.61% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.61% |
| Mar 31, 2026 | 5.96% |
| Dec 31, 2025 | 4.30% |
| Sep 30, 2025 | 5.50% |
| Jun 30, 2025 | 6.37% |
| Mar 31, 2025 | 6.94% |
| Dec 31, 2024 | 10.79% |
| Sep 30, 2024 | 18.97% |
| Jun 30, 2024 | 7.29% |
| Mar 31, 2024 | -1.98% |
| Dec 31, 2023 | -12.07% |
| Sep 30, 2023 | -8.65% |
| Jun 30, 2023 | -15.99% |
| Mar 31, 2023 | -21.66% |
| Dec 31, 2022 | -43.20% |
| Sep 30, 2022 | -39.89% |
| Jun 30, 2022 | -47.10% |
| Mar 31, 2022 | -35.91% |
| Dec 31, 2021 | -55.25% |
API Access
Fluence Energy Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=FLNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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-capital-employed-%5Broce%5D&ticker=FLNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();