FLNC vs. GEVO

Last updated Apr 2, 2026

Compare and contrast key facts about Fluence Energy, Inc. (FLNC) and Gevo, Inc. (GEVO).

Performance

FLNC vs. GEVO - Performance Comparison

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

FLNC vs. GEVO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FLNC Fluence Energy, Inc.	-34.18%	24.56%	-33.42%	39.07%	-51.77%	1.60%
GEVO Gevo, Inc.	19.75%	-4.31%	80.17%	-38.95%	-55.61%	-36.78%

Fundamentals

Market Cap FLNC : $1.71B GEVO : $560.45M
EPS FLNC : -$0.31 GEVO : $0.01
PS Ratio FLNC : 0.85 GEVO : 3.50
PB Ratio FLNC : 4.41 GEVO : 1.20
Total Revenue (TTM) FLNC : $2.55B GEVO : $160.58M
Gross Profit (TTM) FLNC : $297.63M GEVO : $80.17M
EBITDA (TTM) FLNC : -$28.21M GEVO : $5.11M

Returns By Period

In the year-to-date period, FLNC achieves a -34.18% return, which is significantly lower than GEVO's 19.75% return.

FLNC

• 1D: -5.38%
• 1M: -13.89%
• YTD: -34.18%
• 6M: -3.20%
• 1Y: 171.25%
• 3Y*: -13.69%
• 5Y*: —
• 10Y*: —

GEVO

• 1D: -12.27%
• 1M: 26.05%
• YTD: 19.75%
• 6M: 19.75%
• 1Y: 110.09%
• 3Y*: 15.86%
• 5Y*: -24.82%
• 10Y*: -31.15%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FLNC vs. GEVO — Risk / Return Rank

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

FLNC

FLNC Risk / Return Rank: 83
FLNC Sharpe Ratio Rank: 84
FLNC Sortino Ratio Rank: 83
FLNC Omega Ratio Rank: 81
FLNC Calmar Ratio Rank: 84
FLNC Martin Ratio Rank: 82

GEVO

GEVO Risk / Return Rank: 82
GEVO Sharpe Ratio Rank: 79
GEVO Sortino Ratio Rank: 86
GEVO Omega Ratio Rank: 79
GEVO Calmar Ratio Rank: 85
GEVO Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLNC vs. GEVO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fluence Energy, Inc. (FLNC) and Gevo, Inc. (GEVO). 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.

	FLNC	GEVO	Difference
Sharpe ratio Return per unit of total volatility	1.56	1.27	+0.29
Sortino ratio Return per unit of downside risk	2.32	2.54	-0.22
Omega ratio Gain probability vs. loss probability	1.30	1.28	+0.01
Calmar ratio Return relative to maximum drawdown	2.82	3.06	-0.23
Martin ratio Return relative to average drawdown	6.86	6.59	+0.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLNC vs. GEVO - Sharpe Ratio Comparison

The current FLNC Sharpe Ratio is 1.56, which is comparable to the GEVO Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of FLNC and GEVO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FLNC	GEVO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.56	1.27	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.27	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.20	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.21	-0.35	+0.14

Correlation

The correlation between FLNC and GEVO is 0.43, 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.

Dividends

FLNC vs. GEVO - Dividend Comparison

Neither FLNC nor GEVO has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

FLNC vs. GEVO - Drawdown Comparison

The maximum FLNC drawdown since its inception was -90.40%, smaller than the maximum GEVO drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for FLNC and GEVO.

Drawdown Indicators

	FLNC	GEVO	Difference
Max Drawdown Largest peak-to-trough decline	-90.40%	-100.00%	+9.60%
Max Drawdown (1Y) Largest decline over 1 year	-59.66%	-34.85%	-24.81%
Max Drawdown (5Y) Largest decline over 5 years	—	-95.01%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-99.87%	—
Current Drawdown Current decline from peak	-65.38%	-100.00%	+34.62%
Average Drawdown Average peak-to-trough decline	-53.82%	-94.49%	+40.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.56%	16.16%	+8.40%

Volatility

FLNC vs. GEVO - Volatility Comparison

Fluence Energy, Inc. (FLNC) and Gevo, Inc. (GEVO) have volatilities of 22.88% and 23.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLNC	GEVO	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.88%	23.91%	-1.03%
Volatility (6M) Calculated over the trailing 6-month period	89.10%	44.45%	+44.65%
Volatility (1Y) Calculated over the trailing 1-year period	110.74%	87.44%	+23.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	93.73%	93.94%	-0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.73%	156.58%	-62.85%

Financials

FLNC vs. GEVO - Profitability Comparison

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

FLNC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Fluence Energy, Inc. reported a gross profit of 23.05M and revenue of 475.23M. Therefore, the gross margin over that period was 4.9%.

GEVO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Gevo, Inc. reported a gross profit of 33.81M and revenue of 45.35M. Therefore, the gross margin over that period was 74.6%.

FLNC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Fluence Energy, Inc. reported an operating income of -59.37M and revenue of 475.23M, resulting in an operating margin of -12.5%.

GEVO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Gevo, Inc. reported an operating income of -2.18M and revenue of 45.35M, resulting in an operating margin of -4.8%.

FLNC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Fluence Energy, Inc. reported a net income of -45.07M and revenue of 475.23M, resulting in a net margin of -9.5%.

GEVO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Gevo, Inc. reported a net income of 28.75M and revenue of 45.35M, resulting in a net margin of 63.4%.