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Inception and Organization Fluence Energy, Inc., a Delaware corporation (the Company ), was initially formed on June 21, 2021 and completed its initial public offering (the IPO ) on November 1, 2021. We conduct our business operations through Fluence Energy, LLC and its direct and indirect subsidiaries.
$18.88
$2.48 (-11.61%)
Price from 5 days ago
Operating margin is thin at 2.05%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 16.1% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 324% versus the prior year, cash generation momentum has weakened. ROIC dropped from 19.17% to 3.50%, capital efficiency is deteriorating.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$2.58B
▼ -16.1% YoY
Net Income (TTM)
-$42M
▼ -312.7% YoY
Op. Margin
1.98%
▼ -1.7pp YoY
ROIC
3.84%
▼ -15.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$253M
▼ -324.1% YoY
Op. Cash Flow (TTM)
-$236M
▼ -282.6% YoY
Net Debt
$15M
Cash & Equiv.
$387M
5Y CAGR: +32.2%
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