WERN vs. FLNC

Last updated Apr 1, 2026

Compare and contrast key facts about Werner Enterprises, Inc. (WERN) and Fluence Energy, Inc. (FLNC).

Performance

WERN vs. FLNC - Performance Comparison

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

WERN vs. FLNC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
WERN Werner Enterprises, Inc.	-1.55%	-14.87%	-14.23%	6.60%	-14.41%	-0.21%
FLNC Fluence Energy, Inc.	-30.43%	24.56%	-33.42%	39.07%	-51.77%	1.60%

Fundamentals

Market Cap WERN : $1.76B FLNC : $1.81B
EPS WERN : -$0.24 FLNC : -$0.31
PS Ratio WERN : 0.60 FLNC : 0.90
PB Ratio WERN : 1.29 FLNC : 4.66
Total Revenue (TTM) WERN : $2.97B FLNC : $2.55B
Gross Profit (TTM) WERN : $647.45M FLNC : $297.63M
EBITDA (TTM) WERN : $312.11M FLNC : -$28.21M

Returns By Period

In the year-to-date period, WERN achieves a -1.55% return, which is significantly higher than FLNC's -30.43% return.

WERN

• 1D: 2.69%
• 1M: -16.19%
• YTD: -1.55%
• 6M: 12.83%
• 1Y: 2.35%
• 3Y*: -12.14%
• 5Y*: -7.89%
• 10Y*: 3.29%

FLNC

• 1D: 5.85%
• 1M: -11.45%
• YTD: -30.43%
• 6M: 27.41%
• 1Y: 183.71%
• 3Y*: -12.08%
• 5Y*: —
• 10Y*: —

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

Return for Risk

WERN vs. FLNC — Risk / Return Rank

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

WERN

WERN Risk / Return Rank: 42
WERN Sharpe Ratio Rank: 43
WERN Sortino Ratio Rank: 39
WERN Omega Ratio Rank: 39
WERN Calmar Ratio Rank: 43
WERN Martin Ratio Rank: 44

FLNC

FLNC Risk / Return Rank: 85
FLNC Sharpe Ratio Rank: 87
FLNC Sortino Ratio Rank: 85
FLNC Omega Ratio Rank: 83
FLNC Calmar Ratio Rank: 86
FLNC Martin Ratio Rank: 84

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.

WERN vs. FLNC - Risk-Adjusted Trends Comparison

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

	WERN	FLNC	Difference
Sharpe ratio Return per unit of total volatility	0.06	1.67	-1.62
Sortino ratio Return per unit of downside risk	0.37	2.39	-2.02
Omega ratio Gain probability vs. loss probability	1.05	1.31	-0.26
Calmar ratio Return relative to maximum drawdown	0.08	2.95	-2.88
Martin ratio Return relative to average drawdown	0.21	7.26	-7.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WERN vs. FLNC - Sharpe Ratio Comparison

The current WERN Sharpe Ratio is 0.06, which is lower than the FLNC Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of WERN and FLNC, 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

	WERN	FLNC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.06	1.67	-1.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.27	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	-0.20	+0.39

Correlation

The correlation between WERN and FLNC is 0.25, 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

WERN vs. FLNC - Dividend Comparison

WERN's dividend yield for the trailing twelve months is around 1.90%, while FLNC has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WERN Werner Enterprises, Inc.	1.90%	1.87%	1.17%	1.30%	1.27%	0.97%	1.15%	11.05%	1.15%	0.70%	0.89%	0.94%
FLNC Fluence Energy, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

WERN vs. FLNC - Drawdown Comparison

The maximum WERN drawdown since its inception was -60.01%, smaller than the maximum FLNC drawdown of -90.40%. Use the drawdown chart below to compare losses from any high point for WERN and FLNC.

Drawdown Indicators

	WERN	FLNC	Difference
Max Drawdown Largest peak-to-trough decline	-60.01%	-90.40%	+30.39%
Max Drawdown (1Y) Largest decline over 1 year	-28.28%	-59.66%	+31.38%
Max Drawdown (5Y) Largest decline over 5 years	-51.12%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-51.12%	—	—
Current Drawdown Current decline from peak	-37.62%	-63.41%	+25.79%
Average Drawdown Average peak-to-trough decline	-17.46%	-53.81%	+36.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.77%	24.27%	-13.50%

Volatility

WERN vs. FLNC - Volatility Comparison

The current volatility for Werner Enterprises, Inc. (WERN) is 12.77%, while Fluence Energy, Inc. (FLNC) has a volatility of 22.32%. This indicates that WERN experiences smaller price fluctuations and is considered to be less risky than FLNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WERN	FLNC	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.77%	22.32%	-9.55%
Volatility (6M) Calculated over the trailing 6-month period	31.18%	89.09%	-57.91%
Volatility (1Y) Calculated over the trailing 1-year period	41.64%	110.63%	-68.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.83%	93.74%	-63.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.25%	93.74%	-63.49%

Financials

WERN vs. FLNC - Profitability Comparison

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

WERN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Werner Enterprises, Inc. reported a gross profit of 438.96M and revenue of 737.64M. Therefore, the gross margin over that period was 59.5%.

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%.

WERN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Werner Enterprises, Inc. reported an operating income of -35.81M and revenue of 737.64M, resulting in an operating margin of -4.9%.

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%.

WERN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Werner Enterprises, Inc. reported a net income of -27.79M and revenue of 737.64M, resulting in a net margin of -3.8%.

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%.