Fluence Energy (FLNC) Return on Equity [ROE] (2021 - 2026)
Fluence Energy (FLNC) recorded Return on Equity [ROE] of -25.19% in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 20.42 percentage points from -4.77% a year earlier and down 12.33 percentage points from the prior quarter.
Fluence Energy (FLNC) Return on Equity [ROE] (2021 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Fluence Energy reported Return on Equity [ROE] of -11.76%, down 16.98 percentage points from FY2024.
- Annual Return on Equity [ROE] has a three-year change of +106.22 percentage points (FY2022 to FY2025).
- Across earlier fiscal years, Return on Equity [ROE] came in at 5.22% in FY2024 (+22.90 pp), -17.68% in FY2023 (+100.30 pp) and -117.98% in FY2022.
- The fiscal Q3 2026 figure is the lowest quarterly Return on Equity [ROE] since fiscal Q3 2023.
- On a year-over-year basis, Return on Equity [ROE] has declined for four consecutive quarters, with an average year-over-year change of -1.25 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 44.60 percentage points in fiscal Q1 2023, against a drop of 20.42 percentage points in fiscal Q3 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -12.86% (Q2 2026), -14.19% (Q1 2026) and -12.71% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 67.58% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 19.39% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 17.29% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 27.24% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 9.34% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 24.29% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 18.16% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 11.73% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 1.36% |
| 10 | Fluence Energy | 1.42 Bn | -394.45 Mn | 33.24 Mn | -25.19% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -25.19% |
| Mar 31, 2026 | -12.86% |
| Dec 31, 2025 | -14.19% |
| Sep 30, 2025 | -12.71% |
| Jun 30, 2025 | -4.77% |
| Mar 31, 2025 | -5.86% |
| Dec 31, 2024 | -0.19% |
| Sep 30, 2024 | 5.30% |
| Jun 30, 2024 | -6.08% |
| Mar 31, 2024 | -12.82% |
| Dec 31, 2023 | -17.01% |
| Sep 30, 2023 | -19.03% |
| Jun 30, 2023 | -29.78% |
| Mar 31, 2023 | -32.84% |
| Dec 31, 2022 | -35.00% |
| Sep 30, 2022 | -41.35% |
| Jun 30, 2022 | -42.95% |
| Mar 31, 2022 | -36.96% |
| Dec 31, 2021 | -79.60% |
Fluence Energy Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=FLNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=FLNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();