Renewable Utilities
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FLNC vs NRGV
Revenue, margins, valuation, and 5-year total return — side by side.
Renewable Utilities
FLNC vs NRGV — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Renewable Utilities | Renewable Utilities |
| Market Cap | $1.77B | $728M |
| Revenue (TTM) | $2.58B | $217M |
| Net Income (TTM) | $-42M | $-115M |
| Gross Margin | 11.7% | 22.1% |
| Operating Margin | -1.8% | -35.8% |
| Total Debt | $391M | $95M |
| Cash & Equiv. | $691M | $58M |
FLNC vs NRGV — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Oct 21 | May 26 | Return |
|---|---|---|---|
| Fluence Energy, Inc. (FLNC) | 100 | 38.1 | -61.9% |
| Energy Vault Holdin… (NRGV) | 100 | 42.1 | -57.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: FLNC vs NRGV
Each card shows where this stock fits in a portfolio — not just who wins on paper.
FLNC is the clearest fit if your priority is sleep-well-at-night.
- Lower volatility, beta 3.55, Low D/E 71.2%, current ratio 1.51x
- -1.6% margin vs NRGV's -53.0%
- -1.8% ROA vs NRGV's -40.3%, ROIC -15.9% vs -49.5%
NRGV carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 3.08
- Rev growth 340.9%, EPS growth 28.6%, 3Y rev CAGR 11.8%
- -56.4% 10Y total return vs FLNC's -61.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 340.9% revenue growth vs FLNC's -16.1% | |
| Quality / Margins | -1.6% margin vs NRGV's -53.0% | |
| Stability / Safety | Beta 3.08 vs FLNC's 3.55 | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +5.1% vs FLNC's +223.6% | |
| Efficiency (ROA) | -1.8% ROA vs NRGV's -40.3%, ROIC -15.9% vs -49.5% |
FLNC vs NRGV — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FLNC vs NRGV — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
FLNC leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
FLNC is the larger business by revenue, generating $2.6B annually — 11.9x NRGV's $217M. FLNC is the more profitable business, keeping -1.6% of every revenue dollar as net income compared to NRGV's -53.0%. On growth, NRGV holds the edge at +156.4% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $2.6B | $217M |
| EBITDAEarnings before interest/tax | -$19M | -$72M |
| Net IncomeAfter-tax profit | -$42M | -$115M |
| Free Cash FlowCash after capex | -$269M | -$98M |
| Gross MarginGross profit ÷ Revenue | +11.7% | +22.1% |
| Operating MarginEBIT ÷ Revenue | -1.8% | -35.8% |
| Net MarginNet income ÷ Revenue | -1.6% | -53.0% |
| FCF MarginFCF ÷ Revenue | -10.4% | -45.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | +7.7% | +156.4% |
| EPS Growth (YoY)Latest quarter vs prior year | +33.3% | -42.9% |
Valuation Metrics
FLNC leads this category, winning 3 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $1.8B | $728M |
| Enterprise ValueMkt cap + debt − cash | $1.5B | $765M |
| Trailing P/EPrice ÷ TTM EPS | -36.65x | -6.48x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | — | — |
| Price / SalesMarket cap ÷ Revenue | 0.78x | 3.58x |
| Price / BookPrice ÷ Book value/share | 3.22x | 7.63x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
FLNC leads this category, winning 6 of 8 comparable metrics.
Profitability & Efficiency
FLNC delivers a -8.3% return on equity — every $100 of shareholder capital generates $-8 in annual profit, vs $-147 for NRGV. FLNC carries lower financial leverage with a 0.71x debt-to-equity ratio, signaling a more conservative balance sheet compared to NRGV's 1.07x. On the Piotroski fundamental quality scale (0–9), NRGV scores 4/9 vs FLNC's 3/9, reflecting mixed financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -8.3% | -146.8% |
| ROA (TTM)Return on assets | -1.8% | -40.3% |
| ROICReturn on invested capital | -15.9% | -49.5% |
| ROCEReturn on capital employed | -5.7% | -53.7% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 4 |
| Debt / EquityFinancial leverage | 0.71x | 1.07x |
| Net DebtTotal debt minus cash | -$300M | $36M |
| Cash & Equiv.Liquid assets | $691M | $58M |
| Total DebtShort + long-term debt | $391M | $95M |
| Interest CoverageEBIT ÷ Interest expense | — | -10.33x |
Total Returns (Dividends Reinvested)
NRGV leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in NRGV five years ago would be worth $4,296 today (with dividends reinvested), compared to $3,874 for FLNC. Over the past 12 months, NRGV leads with a +510.5% total return vs FLNC's +223.6%. The 3-year compound annual growth rate (CAGR) favors NRGV at 34.8% vs FLNC's -10.4% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -41.1% | -13.9% |
| 1-Year ReturnPast 12 months | +223.6% | +510.5% |
| 3-Year ReturnCumulative with dividends | -28.0% | +144.8% |
| 5-Year ReturnCumulative with dividends | -61.3% | -57.0% |
| 10-Year ReturnCumulative with dividends | -61.3% | -56.4% |
| CAGR (3Y)Annualised 3-year return | -10.4% | +34.8% |
Risk & Volatility
NRGV leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
NRGV is the less volatile stock with a 3.08 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. NRGV currently trades 66.3% 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 | 3.08x |
| 52-Week HighHighest price in past year | $33.51 | $6.35 |
| 52-Week LowLowest price in past year | $3.93 | $0.65 |
| % of 52W HighCurrent price vs 52-week peak | +40.5% | +66.3% |
| RSI (14)Momentum oscillator 0–100 | 42.3 | 71.1 |
| Avg Volume (50D)Average daily shares traded | 4.2M | 3.7M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates FLNC as "Hold" and NRGV as "Buy". Consensus price targets imply 41.2% upside for FLNC (target: $19) vs -34.7% for NRGV (target: $3).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $19.15 | $2.75 |
| # AnalystsCovering analysts | 27 | 7 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | — | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.0% | 0.0% |
FLNC leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). NRGV leads in 2 (Total Returns, Risk & Volatility).
FLNC vs NRGV: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is FLNC or NRGV a better buy right now?
For growth investors, Energy Vault Holdings, Inc.
(NRGV) is the stronger pick with 340. 9% revenue growth year-over-year, versus -16. 1% for Fluence Energy, Inc. (FLNC). Analysts rate Energy Vault Holdings, Inc. (NRGV) a "Buy" — based on 7 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 is the better long-term investment — FLNC or NRGV?
Over the past 5 years, Energy Vault Holdings, Inc.
(NRGV) delivered a total return of -57. 0%, compared to -61. 3% for Fluence Energy, Inc. (FLNC). Over 10 years, the gap is even starker: NRGV returned -56. 4% versus FLNC's -61. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — FLNC or NRGV?
By beta (market sensitivity over 5 years), Energy Vault Holdings, Inc.
(NRGV) is the lower-risk stock at 3. 08β versus Fluence Energy, Inc. 's 3. 55β — meaning FLNC is approximately 15% more volatile than NRGV relative to the S&P 500. On balance sheet safety, Fluence Energy, Inc. (FLNC) carries a lower debt/equity ratio of 71% versus 107% for Energy Vault Holdings, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — FLNC or NRGV?
By revenue growth (latest reported year), Energy Vault Holdings, Inc.
(NRGV) is pulling ahead at 340. 9% versus -16. 1% for Fluence Energy, Inc. (FLNC). On earnings-per-share growth, the picture is similar: Energy Vault Holdings, Inc. grew EPS 28. 6% 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.
05Which has better profit margins — FLNC or NRGV?
Fluence Energy, Inc.
(FLNC) is the more profitable company, earning -2. 1% net margin versus -50. 9% for Energy Vault Holdings, Inc. — meaning it keeps -2. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: FLNC leads at -2. 0% versus -36. 5% for NRGV. At the gross margin level — before operating expenses — NRGV leads at 23. 6%, 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.
06Which pays a better dividend — FLNC or NRGV?
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.
07Is FLNC or NRGV better for a retirement portfolio?
For long-horizon retirement investors, Energy Vault Holdings, Inc.
(NRGV) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding. Fluence Energy, Inc. (FLNC) carries a higher beta of 3. 55 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (NRGV: -56. 4%, FLNC: -61. 3%), 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.
08What are the main differences between FLNC and NRGV?
Both stocks operate in the Utilities sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: FLNC is a small-cap quality compounder stock; NRGV is a small-cap high-growth stock. 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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