Comprehensive Stock Comparison

Compare Fluence Energy, Inc. (FLNC) vs Brenmiller Energy Ltd (BNRG) Stock

Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.

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Quick Verdict

CategoryWinnerWhy
GrowthFLNC-16.1% revenue growth vs BNRG's -100.0%
Stability / SafetyBNRGBeta 1.10 vs FLNC's 2.25
DividendsTieNeither pays a meaningful dividend
Momentum (1Y)FLNC+171.7% vs BNRG's -97.5%
Efficiency (ROA)FLNC-2.3% ROA vs BNRG's -56.8%, ROIC -12.0% vs -150.7%
Bottom line: FLNC leads in 3 of 5 categories, making it the stronger pick for investors who prioritize growth and revenue expansion and recent price momentum and sentiment. Brenmiller Energy Ltd is the better choice for capital preservation and lower volatility. As direct sector peers, they can serve as alternatives in the same portfolio allocation.

Who Each Stock Is For

Income & stability

Growth exposure

Long-term compounding (10Y)

Sleep-well-at-night portfolio

Defensive / Recession hedge

Business Model

What each company does and how it makes money

FLNCFluence Energy, Inc.
Utilities

Fluence Energy is a global provider of energy storage systems and AI-powered digital applications for renewable energy integration. It generates revenue primarily through selling battery storage hardware (Gridstack, Sunstack, Edgestack) and providing related services like engineering, maintenance, and energy storage-as-a-service contracts. The company benefits from its joint venture ownership by Siemens and AES Corporation — which provides deep industry expertise, global scale, and established customer relationships in the utility sector.

BNRGBrenmiller Energy Ltd
Utilities

Brenmiller Energy develops and sells thermal energy storage systems that use crushed volcanic rock to store heat at high temperatures for industrial and utility applications. The company generates revenue primarily from selling its proprietary bGen TES systems and related services to industrial customers and power producers. Its key advantage lies in the proprietary rock-based storage technology — which offers durability, scalability, and the ability to provide dispatchable heat or steam on demand using low-cost materials.

Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

FLNCFluence Energy, Inc.
FY 2025
Product
96.3%$2.2B
Service
3.7%$84M
BNRGBrenmiller Energy Ltd

Segment breakdown not available.

Financial Metrics Comparison

Side-by-side fundamentals across 2 stocks. BestLagging

Financial Scorecard

FLNC 2BNRG 0
Financial MetricsTie1/2 metrics
Valuation MetricsTie1/2 metrics
Profitability & EfficiencyFLNC7/8 metrics
Total ReturnsFLNC6/6 metrics
Risk & VolatilityTie1/2 metrics
Analyst Outlook0/0 metrics

FLNC leads in 2 of 6 categories — strongest in Profitability & Efficiency and Total Returns. 3 categories are tied.

Financial Metrics (TTM)

FLNC and BNRG operate at a comparable scale, with $2.6B and $0 in trailing revenue. On growth, FLNC holds the edge at +154.4% YoY revenue growth, suggesting stronger near-term business momentum.

MetricFLNCFluence Energy, I…BNRGBrenmiller Energy…
RevenueTrailing 12 months$2.6B$0
EBITDAEarnings before interest/tax-$12M-$10M
Net IncomeAfter-tax profit-$52M-$7M
Free Cash FlowCash after capex-$195M-$10M
Gross MarginGross profit ÷ Revenue+11.7%
Operating MarginEBIT ÷ Revenue-1.6%
Net MarginNet income ÷ Revenue-2.0%
FCF MarginFCF ÷ Revenue-7.6%
Rev. Growth (YoY)Latest quarter vs prior year+154.4%-100.0%
EPS Growth (YoY)Latest quarter vs prior year-6.3%+65.4%
Evenly matched — FLNC and BNRG each lead in 1 of 2 comparable metrics.

Valuation Metrics

MetricFLNCFluence Energy, I…BNRGBrenmiller Energy…
Market CapShares × price$800M$10M
Enterprise ValueMkt cap + debt − cash$500M$11M
Trailing P/EPrice ÷ TTM EPS-42.00x-0.97x
Forward P/EPrice ÷ next-FY EPS est.
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple
Price / SalesMarket cap ÷ Revenue0.35x
Price / BookPrice ÷ Book value/share3.69x1.46x
Price / FCFMarket cap ÷ FCF
Evenly matched — FLNC and BNRG each lead in 1 of 2 comparable metrics.

Profitability & Efficiency

FLNC delivers a -10.6% return on equity — every $100 of shareholder capital generates $-11 in annual profit, vs $-151 for BNRG. FLNC carries lower financial leverage with a 0.71x debt-to-equity ratio, signaling a more conservative balance sheet compared to BNRG's 1.08x.

MetricFLNCFluence Energy, I…BNRGBrenmiller Energy…
ROE (TTM)Return on equity-10.6%-151.0%
ROA (TTM)Return on assets-2.3%-56.8%
ROICReturn on invested capital-12.0%-150.7%
ROCEReturn on capital employed-4.3%-124.3%
Piotroski ScoreFundamental quality 0–933
Debt / EquityFinancial leverage0.71x1.08x
Net DebtTotal debt minus cash-$300M$722,000
Cash & Equiv.Liquid assets$691M$4M
Total DebtShort + long-term debt$391M$5M
Interest CoverageEBIT ÷ Interest expense-8.49x-39.41x
FLNC leads this category, winning 7 of 8 comparable metrics.

Total Returns (with DRIP)

A $10,000 investment in FLNC five years ago would be worth $4,440 today (with dividends reinvested), compared to $8 for BNRG. Over the past 12 months, FLNC leads with a +171.7% total return vs BNRG's -97.5%. The 3-year compound annual growth rate (CAGR) favors FLNC at -5.9% vs BNRG's -86.6% — a key indicator of consistent wealth creation.

MetricFLNCFluence Energy, I…BNRGBrenmiller Energy…
YTD ReturnYear-to-date-32.5%-62.7%
1-Year ReturnPast 12 months+171.7%-97.5%
3-Year ReturnCumulative with dividends-16.8%-99.8%
5-Year ReturnCumulative with dividends-55.6%-99.9%
10-Year ReturnCumulative with dividends-55.6%-99.9%
CAGR (3Y)Annualised 3-year return-5.9%-86.6%
FLNC leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

BNRG is the less volatile stock with a 1.10 beta — it tends to amplify market swings less than FLNC's 2.25 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. FLNC currently trades 46.4% from its 52-week high vs BNRG's 2.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricFLNCFluence Energy, I…BNRGBrenmiller Energy…
Beta (5Y)Sensitivity to S&P 5002.25x1.10x
52-Week HighHighest price in past year$33.51$52.15
52-Week LowLowest price in past year$3.46$0.51
% of 52W HighCurrent price vs 52-week peak+46.4%+2.4%
RSI (14)Momentum oscillator 0–10032.926.1
Avg Volume (50D)Average daily shares traded4.9M466K
Evenly matched — FLNC and BNRG each lead in 1 of 2 comparable metrics.

Analyst Outlook

MetricFLNCFluence Energy, I…BNRGBrenmiller Energy…
Analyst RatingConsensus buy/hold/sellHold
Price TargetConsensus 12-month target$21.08
# AnalystsCovering analysts27
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%
Insufficient data to determine a leader in this category.

Historical Charts

Charts are rendered on first load. Hover for details.

Chart 1Total Return — 5 Years (Rebased to 100)

StockJun 22Feb 26Change
Fluence Energy, Inc. (FLNC)100316.82+216.8%
Brenmiller Energy L… (BNRG)71.660.19-99.7%

Fluence Energy, Inc. (FLNC) returned -56% over 5 years vs Brenmiller Energy L… (BNRG)'s -100%.

Chart 2Revenue Growth — 10 Years

Stock20162025Change
Fluence Energy, Inc. (FLNC)$92M$2.3B+2355.6%
Brenmiller Energy L… (BNRG)$0.00$0.00

Chart 3Net Margin Trend — 10 Years

Stock20192025Change
Fluence Energy, Inc. (FLNC)-51.0%-2.1%+95.8%
Brenmiller Energy L… (BNRG)-130.8%-15.5%+88.1%

Fluence Energy, Inc.'s net margin went from -51% (2019) to -2% (2025).

Chart 4EPS Growth — 10 Years

Stock20162025Change
Fluence Energy, Inc. (FLNC)-0.95-0.37+61.1%
Brenmiller Energy L… (BNRG)-20.86-1.29+93.8%

Chart 5Free Cash Flow — 5 Years

2021
$-288M
$-8M
2022
$-431M
$-12M
2023
$-17M
$-10M
2024
$61M
$-10M
2025
$-175M
Fluence Energy, Inc. (FLNC)Brenmiller Energy L… (BNRG)

Fluence Energy, Inc. generated $-175M FCF in 2025 (+39% vs 2021). Brenmiller Energy Ltd generated $-10M FCF in 2024 (-19% vs 2021).

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FLNC vs BNRG: Frequently Asked Questions

7 questions · data-driven answers · updated daily

01

Is FLNC or BNRG a better buy right now?

Analysts rate Fluence Energy, Inc. (FLNC) a "Hold" — based on 27 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which is the better long-term investment — FLNC or BNRG?

Over the past 5 years, Fluence Energy, Inc. (FLNC) delivered a total return of -55.6%, compared to -99.9% for Brenmiller Energy Ltd (BNRG). A $10,000 investment in FLNC five years ago would be worth approximately $4K today (assuming dividends reinvested). Over 10 years, the gap is even starker: FLNC returned -55.6% versus BNRG's -99.9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — FLNC or BNRG?

By beta (market sensitivity over 5 years), Brenmiller Energy Ltd (BNRG) is the lower-risk stock at 1.10β versus Fluence Energy, Inc.'s 2.25β — meaning FLNC is approximately 104% more volatile than BNRG relative to the S&P 500. On balance sheet safety, Fluence Energy, Inc. (FLNC) carries a lower debt/equity ratio of 71% versus 108% for Brenmiller Energy Ltd — giving it more financial flexibility in a downturn.

04

Which has better profit margins — FLNC or BNRG?

Brenmiller Energy Ltd (BNRG) is the more profitable company, earning 0.0% net margin versus -2.1% for Fluence Energy, Inc. — meaning it keeps 0.0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BNRG leads at 0.0% versus -1.5% for FLNC. At the gross margin level — before operating expenses — FLNC leads at 13.1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

05

Which pays a better dividend — FLNC or BNRG?

None of the stocks in this comparison currently pay a material dividend. All are effectively zero-yield and should be held for capital appreciation rather than income.

06

Is FLNC or BNRG better for a retirement portfolio?

For long-horizon retirement investors, Brenmiller Energy Ltd (BNRG) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1.10)). Fluence Energy, Inc. (FLNC) carries a higher beta of 2.25 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (BNRG: -99.9%, FLNC: -55.6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

07

What are the main differences between FLNC and BNRG?

Both stocks operate in the Utilities sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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Revenue Growth>
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(FLNC: 154.4% · BNRG: -100.0%)