Renewable Utilities
Compare Stocks
5 / 10Stock Comparison
FLNC vs GEV vs ENPH vs NEE vs ARRY
Revenue, margins, valuation, and 5-year total return — side by side.
Renewable Utilities
Solar
Regulated Electric
Solar
FLNC vs GEV vs ENPH vs NEE vs ARRY — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | |||||
|---|---|---|---|---|---|
| Industry | Renewable Utilities | Renewable Utilities | Solar | Regulated Electric | Solar |
| Market Cap | $1.77B | $300.69B | $4.72B | $198.92B | $1.24B |
| Revenue (TTM) | $2.58B | $39.38B | $1.40B | $27.93B | $1.21B |
| Net Income (TTM) | $-42M | $9.38B | $135M | $8.18B | $-67M |
| Gross Margin | 11.7% | 19.9% | 44.2% | 47.8% | 22.4% |
| Operating Margin | -1.8% | 3.9% | 6.8% | 29.5% | 4.5% |
| Forward P/E | — | 40.3x | 17.8x | 23.6x | 11.6x |
| Total Debt | $391M | $0.00 | $1.24B | $95.62B | $766M |
| Cash & Equiv. | $691M | $8.85B | $474M | $2.81B | $244M |
FLNC vs GEV vs ENPH vs NEE vs ARRY — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Mar 24 | May 26 | Return |
|---|---|---|---|
| Fluence Energy, Inc. (FLNC) | 100 | 78.2 | -21.8% |
| GE Vernova Inc. (GEV) | 100 | 818.3 | +718.3% |
| Enphase Energy, Inc. (ENPH) | 100 | 29.6 | -70.4% |
| NextEra Energy, Inc. (NEE) | 100 | 149.3 | +49.3% |
| Array Technologies,… (ARRY) | 100 | 54.5 | -45.5% |
Price return only. Dividends and distributions are not included.
Quick Verdict: FLNC vs GEV vs ENPH vs NEE vs ARRY
Each card shows where this stock fits in a portfolio — not just who wins on paper.
FLNC ranks third and is worth considering specifically for momentum.
- +223.6% vs ENPH's -18.4%
GEV is the clearest fit if your priority is long-term compounding.
- 7.5% 10Y total return vs ENPH's 17.6%
- 15.2% ROA vs ARRY's -4.4%, ROIC 27.9% vs 9.0%
ENPH is the clearest fit if your priority is sleep-well-at-night.
- Lower volatility, beta 1.70, current ratio 2.07x
NEE carries the broadest edge in this set and is the clearest fit for income & stability and valuation efficiency.
- Dividend streak 30 yrs, beta 0.21, yield 2.3%
- PEG 1.36 vs ENPH's 2.82
- Beta 0.21, yield 2.3%, current ratio 0.60x
- 29.3% margin vs ARRY's -5.6%
ARRY is the #2 pick in this set and the best alternative if growth exposure is your priority.
- Rev growth 40.2%, EPS growth 62.6%, 3Y rev CAGR -7.8%
- 40.2% revenue growth vs FLNC's -16.1%
- Lower P/E (11.6x vs 17.8x)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 40.2% revenue growth vs FLNC's -16.1% | |
| Value | Lower P/E (11.6x vs 17.8x) | |
| Quality / Margins | 29.3% margin vs ARRY's -5.6% | |
| Stability / Safety | Beta 0.21 vs FLNC's 3.55 | |
| Dividends | 2.3% yield, 30-year raise streak, vs GEV's 0.1%, (3 stocks pay no dividend) | |
| Momentum (1Y) | +223.6% vs ENPH's -18.4% | |
| Efficiency (ROA) | 15.2% ROA vs ARRY's -4.4%, ROIC 27.9% vs 9.0% |
FLNC vs GEV vs ENPH vs NEE vs ARRY — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
Segment breakdown not available.
FLNC vs GEV vs ENPH vs NEE vs ARRY — Financial Metrics
Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
NEE leads in 3 of 6 categories
GEV leads 2 • ARRY leads 1 • FLNC leads 0 • ENPH leads 0
Explore the data ↓Income & Cash Flow (Last 12 Months)
NEE leads this category, winning 3 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
GEV is the larger business by revenue, generating $39.4B annually — 32.7x ARRY's $1.2B. NEE is the more profitable business, keeping 29.3% of every revenue dollar as net income compared to ARRY's -5.6%. On growth, GEV holds the edge at +16.1% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | |||||
|---|---|---|---|---|---|
| RevenueTrailing 12 months | $2.6B | $39.4B | $1.4B | $27.9B | $1.2B |
| EBITDAEarnings before interest/tax | -$19M | $2.2B | $171M | $15.5B | $95M |
| Net IncomeAfter-tax profit | -$42M | $9.4B | $135M | $8.2B | -$67M |
| Free Cash FlowCash after capex | -$269M | $3.6B | $145M | -$3.8B | $58M |
| Gross MarginGross profit ÷ Revenue | +11.7% | +19.9% | +44.2% | +47.8% | +22.4% |
| Operating MarginEBIT ÷ Revenue | -1.8% | +3.9% | +6.8% | +29.5% | +4.5% |
| Net MarginNet income ÷ Revenue | -1.6% | +23.8% | +9.6% | +29.3% | -5.6% |
| FCF MarginFCF ÷ Revenue | -10.4% | +9.2% | +10.4% | -13.6% | +4.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +7.7% | +16.1% | -20.6% | +7.3% | -26.1% |
| EPS Growth (YoY)Latest quarter vs prior year | +33.3% | +18.2% | -127.3% | +160.0% | -7.0% |
Valuation Metrics
ARRY leads this category, winning 3 of 7 comparable metrics.
Valuation Metrics
At 27.8x trailing earnings, ENPH trades at a 56% valuation discount to GEV's 63.3x P/E. Adjusting for growth (PEG ratio), NEE offers better value at 1.67x vs ENPH's 4.40x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | |||||
|---|---|---|---|---|---|
| Market CapShares × price | $1.8B | $300.7B | $4.7B | $198.9B | $1.2B |
| Enterprise ValueMkt cap + debt − cash | $1.5B | $291.8B | $5.5B | $291.7B | $1.8B |
| Trailing P/EPrice ÷ TTM EPS | -36.65x | 63.25x | 27.75x | 28.99x | -11.13x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 40.26x | 17.77x | 23.59x | 11.64x |
| PEG RatioP/E ÷ EPS growth rate | — | — | 4.40x | 1.67x | — |
| EV / EBITDAEnterprise value multiple | — | 130.23x | 22.37x | 19.01x | 13.41x |
| Price / SalesMarket cap ÷ Revenue | 0.78x | 7.90x | 3.20x | 7.24x | 0.97x |
| Price / BookPrice ÷ Book value/share | 3.22x | 25.12x | 4.44x | 3.00x | 4.76x |
| Price / FCFMarket cap ÷ FCF | — | 81.03x | 49.20x | — | 15.58x |
Profitability & Efficiency
GEV leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
GEV delivers a 79.7% return on equity — every $100 of shareholder capital generates $80 in annual profit, vs $-21 for ARRY. FLNC carries lower financial leverage with a 0.71x debt-to-equity ratio, signaling a more conservative balance sheet compared to ARRY's 2.94x. On the Piotroski fundamental quality scale (0–9), GEV scores 6/9 vs FLNC's 3/9, reflecting solid financial health.
| Metric | |||||
|---|---|---|---|---|---|
| ROE (TTM)Return on equity | -8.3% | +79.7% | +13.3% | +12.7% | -20.6% |
| ROA (TTM)Return on assets | -1.8% | +15.2% | +4.2% | +3.9% | -4.4% |
| ROICReturn on invested capital | -15.9% | +27.9% | +6.8% | +4.1% | +9.0% |
| ROCEReturn on capital employed | -5.7% | +6.6% | +6.8% | +4.7% | +8.2% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 6 | 6 | 5 | 5 |
| Debt / EquityFinancial leverage | 0.71x | — | 1.14x | 1.44x | 2.94x |
| Net DebtTotal debt minus cash | -$300M | -$8.8B | $769M | $92.8B | $522M |
| Cash & Equiv.Liquid assets | $691M | $8.8B | $474M | $2.8B | $244M |
| Total DebtShort + long-term debt | $391M | $0 | $1.2B | $95.6B | $766M |
| Interest CoverageEBIT ÷ Interest expense | — | — | 47.60x | 1.99x | -2.42x |
Total Returns (Dividends Reinvested)
GEV leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in GEV five years ago would be worth $85,407 today (with dividends reinvested), compared to $2,936 for ENPH. Over the past 12 months, FLNC leads with a +223.6% total return vs ENPH's -18.4%. The 3-year compound annual growth rate (CAGR) favors GEV at 104.4% vs ENPH's -39.7% — a key indicator of consistent wealth creation.
| Metric | |||||
|---|---|---|---|---|---|
| YTD ReturnYear-to-date | -41.1% | +64.8% | +6.1% | +18.6% | -16.1% |
| 1-Year ReturnPast 12 months | +223.6% | +179.3% | -18.4% | +46.8% | +57.7% |
| 3-Year ReturnCumulative with dividends | -28.0% | +754.1% | -78.1% | +33.8% | -56.5% |
| 5-Year ReturnCumulative with dividends | -61.3% | +754.1% | -70.6% | +42.0% | -68.0% |
| 10-Year ReturnCumulative with dividends | -61.3% | +754.1% | +1764.6% | +274.2% | -77.7% |
| CAGR (3Y)Annualised 3-year return | -10.4% | +104.4% | -39.7% | +10.2% | -24.2% |
Risk & Volatility
NEE leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
NEE is the less volatile stock with a 0.21 beta — it tends to amplify market swings less than FLNC's 3.55 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. NEE currently trades 96.6% from its 52-week high vs FLNC's 40.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | |||||
|---|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 3.55x | 1.76x | 1.70x | 0.21x | 2.32x |
| 52-Week HighHighest price in past year | $33.51 | $1181.95 | $54.43 | $98.75 | $12.23 |
| 52-Week LowLowest price in past year | $3.93 | $387.03 | $25.78 | $63.88 | $4.92 |
| % of 52W HighCurrent price vs 52-week peak | +40.5% | +94.7% | +65.8% | +96.6% | +66.4% |
| RSI (14)Momentum oscillator 0–100 | 42.3 | 63.8 | 52.7 | 57.2 | 57.4 |
| Avg Volume (50D)Average daily shares traded | 4.2M | 2.4M | 5.9M | 8.7M | 6.0M |
Analyst Outlook
NEE leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: FLNC as "Hold", GEV as "Buy", ENPH as "Hold", NEE as "Buy", ARRY as "Buy". Consensus price targets imply 41.2% upside for FLNC (target: $19) vs 0.1% for GEV (target: $1120). NEE is the only dividend payer here at 2.35% yield — a key consideration for income-focused portfolios.
| Metric | |||||
|---|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy | Hold | Buy | Buy |
| Price TargetConsensus 12-month target | $19.15 | $1119.95 | $43.48 | $98.13 | $9.17 |
| # AnalystsCovering analysts | 27 | 28 | 55 | 36 | 28 |
| Dividend YieldAnnual dividend ÷ price | — | +0.1% | — | +2.3% | — |
| Dividend StreakConsecutive years of raises | — | 1 | — | 30 | 1 |
| Dividend / ShareAnnual DPS | — | $1.00 | — | $2.24 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.0% | +1.1% | +2.8% | 0.0% | 0.0% |
NEE leads in 3 of 6 categories (Income & Cash Flow, Risk & Volatility). GEV leads in 2 (Profitability & Efficiency, Total Returns).
FLNC vs GEV vs ENPH vs NEE vs ARRY: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is FLNC or GEV or ENPH or NEE or ARRY a better buy right now?
For growth investors, Array Technologies, Inc.
(ARRY) is the stronger pick with 40. 2% revenue growth year-over-year, versus -16. 1% for Fluence Energy, Inc. (FLNC). Enphase Energy, Inc. (ENPH) offers the better valuation at 27. 8x trailing P/E (17. 8x forward), making it the more compelling value choice. Analysts rate GE Vernova Inc. (GEV) a "Buy" — based on 28 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.
02Which has the better valuation — FLNC or GEV or ENPH or NEE or ARRY?
On trailing P/E, Enphase Energy, Inc.
(ENPH) is the cheapest at 27. 8x versus GE Vernova Inc. at 63. 3x. On forward P/E, Array Technologies, Inc. is actually cheaper at 11. 6x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: NextEra Energy, Inc. wins at 1. 36x versus Enphase Energy, Inc. 's 2. 82x — a reasonable growth-adjusted valuation.
03Which is the better long-term investment — FLNC or GEV or ENPH or NEE or ARRY?
Over the past 5 years, GE Vernova Inc.
(GEV) delivered a total return of +754. 1%, compared to -70. 6% for Enphase Energy, Inc. (ENPH). Over 10 years, the gap is even starker: ENPH returned +1765% versus ARRY's -77. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — FLNC or GEV or ENPH or NEE or ARRY?
By beta (market sensitivity over 5 years), NextEra Energy, Inc.
(NEE) is the lower-risk stock at 0. 21β versus Fluence Energy, Inc. 's 3. 55β — meaning FLNC is approximately 1613% more volatile than NEE relative to the S&P 500. On balance sheet safety, Fluence Energy, Inc. (FLNC) carries a lower debt/equity ratio of 71% versus 3% for Array Technologies, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — FLNC or GEV or ENPH or NEE or ARRY?
By revenue growth (latest reported year), Array Technologies, Inc.
(ARRY) is pulling ahead at 40. 2% versus -16. 1% for Fluence Energy, Inc. (FLNC). On earnings-per-share growth, the picture is similar: GE Vernova Inc. grew EPS 217. 0% year-over-year, compared to -408. 3% for Fluence Energy, Inc.. Over a 3-year CAGR, FLNC leads at 23. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — FLNC or GEV or ENPH or NEE or ARRY?
NextEra Energy, Inc.
(NEE) is the more profitable company, earning 24. 9% net margin versus -4. 1% for Array Technologies, Inc. — meaning it keeps 24. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NEE leads at 30. 1% versus -2. 0% for FLNC. At the gross margin level — before operating expenses — NEE leads at 62. 8%, 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.
07Is FLNC or GEV or ENPH or NEE or ARRY more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, NextEra Energy, Inc. (NEE) is the more undervalued stock at a PEG of 1. 36x versus Enphase Energy, Inc. 's 2. 82x. A PEG below 1. 5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, Array Technologies, Inc. (ARRY) trades at 11. 6x forward P/E versus 40. 3x for GE Vernova Inc. — 28. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for FLNC: 41. 2% to $19. 15.
08Which pays a better dividend — FLNC or GEV or ENPH or NEE or ARRY?
In this comparison, NEE (2.
3% yield) pays a dividend. FLNC, GEV, ENPH, ARRY do not pay a meaningful dividend and should not be held primarily for income.
09Is FLNC or GEV or ENPH or NEE or ARRY better for a retirement portfolio?
For long-horizon retirement investors, NextEra Energy, Inc.
(NEE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 21), 2. 3% yield, +274. 2% 10Y return). Array Technologies, Inc. (ARRY) carries a higher beta of 2. 32 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (NEE: +274. 2%, ARRY: -77. 7%), 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.
10What are the main differences between FLNC and GEV and ENPH and NEE and ARRY?
These companies operate in different sectors (FLNC (Utilities) and GEV (Utilities) and ENPH (Energy) and NEE (Utilities) and ARRY (Energy)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: FLNC is a small-cap quality compounder stock; GEV is a large-cap quality compounder stock; ENPH is a small-cap quality compounder stock; NEE is a mid-cap quality compounder stock; ARRY is a small-cap high-growth stock. NEE pays a dividend while FLNC, GEV, ENPH, ARRY do not, making them suitable for different income and tax situations. 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.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform all of them.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.