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Asset turnover at other companies

Nextra Energy logo
Nextra EnergyNEE
0.1×0.0×
Ormat Technologies logo
Ormat TechnologiesORA
0.2×0.0×
Tesla, Inc. logo
Tesla, Inc.TSLA
0.7×-0.1×
AES logo
AESAES
0.2×0.0×
Fluor logo
FluorFLR
1.9×-0.3×
Clearway Energy, Inc. logo
Clearway Energy, Inc.CWEN
0.1×0.0×

Other financials

Income statement

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Revenue$464.9M+7.7%
Gross profit$46.6M+9.5%
Net income-$20.9M+32.6%
EPS (diluted)-$0.16+33.3%

Balance sheet

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Cash & equivalents$387.3M-36.5%
Total debt$7.1M-50.8%
Total equity$368.1M-5.2%
Total assets$2.3B+3.3%

Cash flow

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Operating cash flow-$121.1M-162%
CapEx$2.5M-43.0%
Free cash flow-$123.6M-145%

Valuation

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Market cap$3.29B+189%
Enterprise value$2.91B+3,992%
P/S1.3×+0.8×

Profitability

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Gross margin11.7%-1.4pp
Net margin-0.8%-0.2pp
FCF margin-16.9%

Returns & leverage

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Return on equity-4.4%-1.0pp
Debt / equity0.0×
Current ratio1.4×-0.1×

Where this comes from

Calculated from Fluence Energy, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Fluence Energy, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fluence Energy, Inc.'s asset turnover?
Fluence Energy, Inc. (FLNC) reported asset turnover of 1.1× in Q1 2026.
How has Fluence Energy, Inc.'s asset turnover changed year-over-year?
Fluence Energy, Inc.'s asset turnover decreased by 8.7% year-over-year, from 1.2× to 1.1×.
What is the long-term trend for Fluence Energy, Inc.'s asset turnover?
Over 3 years (2022 to 2025), Fluence Energy, Inc.'s asset turnover has grown at a 3.0% compound annual growth rate (CAGR), from 1× to 1.1×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.