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FLNC vs. ENPH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between FLNC and ENPH is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

FLNC vs. ENPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fluence Energy, Inc. (FLNC) and Enphase Energy, Inc. (ENPH). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

FLNC:

99.35%

ENPH:

97.05%

Max Drawdown

FLNC:

-4.98%

ENPH:

-1.55%

Current Drawdown

FLNC:

-4.98%

ENPH:

0.00%

Fundamentals

Market Cap

FLNC:

$831.49M

ENPH:

$6.66B

EPS

FLNC:

-$0.05

ENPH:

$1.09

PEG Ratio

FLNC:

3.14

ENPH:

0.63

PS Ratio

FLNC:

0.36

ENPH:

4.68

PB Ratio

FLNC:

1.43

ENPH:

8.22

Total Revenue (TTM)

FLNC:

$1.90B

ENPH:

$1.42B

Gross Profit (TTM)

FLNC:

$261.72M

ENPH:

$678.42M

EBITDA (TTM)

FLNC:

$31.46M

ENPH:

$258.01M

Returns By Period


FLNC

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

ENPH

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

FLNC vs. ENPH — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLNC
The Risk-Adjusted Performance Rank of FLNC is 66
Overall Rank
The Sharpe Ratio Rank of FLNC is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of FLNC is 77
Sortino Ratio Rank
The Omega Ratio Rank of FLNC is 77
Omega Ratio Rank
The Calmar Ratio Rank of FLNC is 33
Calmar Ratio Rank
The Martin Ratio Rank of FLNC is 44
Martin Ratio Rank

ENPH
The Risk-Adjusted Performance Rank of ENPH is 1111
Overall Rank
The Sharpe Ratio Rank of ENPH is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of ENPH is 99
Sortino Ratio Rank
The Omega Ratio Rank of ENPH is 1212
Omega Ratio Rank
The Calmar Ratio Rank of ENPH is 1212
Calmar Ratio Rank
The Martin Ratio Rank of ENPH is 1111
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FLNC vs. ENPH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fluence Energy, Inc. (FLNC) and Enphase Energy, Inc. (ENPH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.



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Dividends

FLNC vs. ENPH - Dividend Comparison

Neither FLNC nor ENPH has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

FLNC vs. ENPH - Drawdown Comparison

The maximum FLNC drawdown since its inception was -4.98%, which is greater than ENPH's maximum drawdown of -1.55%. Use the drawdown chart below to compare losses from any high point for FLNC and ENPH. For additional features, visit the drawdowns tool.


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Volatility

FLNC vs. ENPH - Volatility Comparison


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Financials

FLNC vs. ENPH - Financials Comparison

This section allows you to compare key financial metrics between Fluence Energy, Inc. and Enphase Energy, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.00200.00M400.00M600.00M800.00M1.00B1.20BJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
186.79M
356.08M
(FLNC) Total Revenue
(ENPH) Total Revenue
Values in USD except per share items

FLNC vs. ENPH - Profitability Comparison

The chart below illustrates the profitability comparison between Fluence Energy, Inc. and Enphase Energy, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-40.0%-20.0%0.0%20.0%40.0%60.0%JulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025
11.4%
47.3%
(FLNC) Gross Margin
(ENPH) Gross Margin
FLNC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Fluence Energy, Inc. reported a gross profit of 21.20M and revenue of 186.79M. Therefore, the gross margin over that period was 11.4%.

ENPH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Enphase Energy, Inc. reported a gross profit of 168.24M and revenue of 356.08M. Therefore, the gross margin over that period was 47.3%.

FLNC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Fluence Energy, Inc. reported an operating income of -53.72M and revenue of 186.79M, resulting in an operating margin of -28.8%.

ENPH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Enphase Energy, Inc. reported an operating income of 31.92M and revenue of 356.08M, resulting in an operating margin of 9.0%.

FLNC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Fluence Energy, Inc. reported a net income of -41.47M and revenue of 186.79M, resulting in a net margin of -22.2%.

ENPH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Enphase Energy, Inc. reported a net income of 29.73M and revenue of 356.08M, resulting in a net margin of 8.4%.