NPWR vs. BE

Last updated Apr 1, 2026

Compare and contrast key facts about NET Power Inc. (NPWR) and Bloom Energy Corporation (BE).

Performance

NPWR vs. BE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NET Power Inc. (NPWR) and Bloom Energy Corporation (BE). The values are adjusted to include any dividend payments, if applicable.

NPWR vs. BE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NPWR NET Power Inc.	-31.58%	-78.47%	4.85%	-0.69%	1.70%	1.52%
BE Bloom Energy Corporation	55.93%	291.22%	50.07%	-22.59%	-12.81%	1.15%

Fundamentals

Market Cap NPWR : $122.96M BE : $35.72B
EPS NPWR : -$7.40 BE : -$0.36
PB Ratio NPWR : 0.23 BE : 46.47
Total Revenue (TTM) NPWR : $0.00 BE : $2.02B
Gross Profit (TTM) NPWR : $0.00 BE : $625.18M
EBITDA (TTM) NPWR : -$1.62B BE : $20.05M

Returns By Period

In the year-to-date period, NPWR achieves a -31.58% return, which is significantly lower than BE's 55.93% return.

NPWR

• 1D: 4.70%
• 1M: -19.17%
• YTD: -31.58%
• 6M: -48.17%
• 1Y: -40.68%
• 3Y*: -46.58%
• 5Y*: —
• 10Y*: —

BE

• 1D: 13.37%
• 1M: -12.96%
• YTD: 55.93%
• 6M: 60.21%
• 1Y: 589.17%
• 3Y*: 89.44%
• 5Y*: 38.75%
• 10Y*: —

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

Return for Risk

NPWR vs. BE — Risk / Return Rank

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

NPWR

NPWR Risk / Return Rank: 25
NPWR Sharpe Ratio Rank: 24
NPWR Sortino Ratio Rank: 31
NPWR Omega Ratio Rank: 30
NPWR Calmar Ratio Rank: 21
NPWR Martin Ratio Rank: 20

BE

BE Risk / Return Rank: 98
BE Sharpe Ratio Rank: 100
BE Sortino Ratio Rank: 97
BE Omega Ratio Rank: 95
BE Calmar Ratio Rank: 99
BE Martin Ratio Rank: 99

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.

NPWR vs. BE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NET Power Inc. (NPWR) and Bloom Energy Corporation (BE). 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.

	NPWR	BE	Difference
Sharpe ratio Return per unit of total volatility	-0.37	5.88	-6.26
Sortino ratio Return per unit of downside risk	0.06	3.94	-3.88
Omega ratio Gain probability vs. loss probability	1.01	1.50	-0.50
Calmar ratio Return relative to maximum drawdown	-0.61	12.33	-12.94
Martin ratio Return relative to average drawdown	-1.12	36.85	-37.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NPWR vs. BE - Sharpe Ratio Comparison

The current NPWR Sharpe Ratio is -0.37, which is lower than the BE Sharpe Ratio of 5.88. The chart below compares the historical Sharpe Ratios of NPWR and BE, 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

	NPWR	BE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.37	5.88	-6.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.48	0.26	-0.74

Correlation

The correlation between NPWR and BE is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NPWR vs. BE - Dividend Comparison

Neither NPWR nor BE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

NPWR vs. BE - Drawdown Comparison

The maximum NPWR drawdown since its inception was -90.98%, roughly equal to the maximum BE drawdown of -92.54%. Use the drawdown chart below to compare losses from any high point for NPWR and BE.

Drawdown Indicators

	NPWR	BE	Difference
Max Drawdown Largest peak-to-trough decline	-90.98%	-92.54%	+1.56%
Max Drawdown (1Y) Largest decline over 1 year	-69.28%	-45.94%	-23.34%
Max Drawdown (5Y) Largest decline over 5 years	—	-75.87%	—
Current Drawdown Current decline from peak	-90.55%	-22.48%	-68.07%
Average Drawdown Average peak-to-trough decline	-34.21%	-53.11%	+18.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	37.38%	15.37%	+22.01%

Volatility

NPWR vs. BE - Volatility Comparison

The current volatility for NET Power Inc. (NPWR) is 16.86%, while Bloom Energy Corporation (BE) has a volatility of 35.20%. This indicates that NPWR experiences smaller price fluctuations and is considered to be less risky than BE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NPWR	BE	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.86%	35.20%	-18.34%
Volatility (6M) Calculated over the trailing 6-month period	64.81%	81.36%	-16.55%
Volatility (1Y) Calculated over the trailing 1-year period	109.17%	101.15%	+8.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.13%	84.20%	-16.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.13%	94.48%	-26.35%

Financials