The AES Corporation (AES) vs Fluence Energy, Inc. (FLNC)
A side-by-side comparison of The AES Corporation and Fluence Energy, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.
AES
The AES Corporation
$14.77UtilitiesAt close: Aug 21, 2026, 4:00 PM ET
FLNC
Fluence Energy, Inc.
$11.34UtilitiesAt close: Aug 21, 2026, 4:00 PM ET
Total return — AES vs FLNC
growth of $100 · dividends reinvested · last 5yAES -27.8% (-6.3%/yr)FLNC -67.6% (-20.2%/yr)AES compounded faster over this window
AES FLNC
AES vs FLNC: by the numbers
- •AES is the larger company ($10.53B vs $2.09B market cap).
- •AES is profitable (14.62% net margin) while FLNC runs a net loss (-3.07%).
- •FLNC grew revenue faster over the past five years (29.17% vs 4.57% CAGR).
- •AES pays a dividend (4.77% yield), while FLNC has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | AES | FLNC |
|---|---|---|
| P/E ratio | 5.62 | N/A |
| Forward P/E | 6.45 | N/A |
| P/S ratio | 0.81 | 0.60 |
| P/B ratio | 2.14 | 4.20 |
| EV / EBITDA | 9.15 | N/A |
Profitability
| Metric | AES | FLNC |
|---|---|---|
| Gross margin | 20.29% | 9.18% |
| Operating margin | 17.48% | -4.05% |
| Net margin | 14.62% | -3.07% |
| ROE | 38.61% | -21.67% |
| ROIC | 4.38% | -12.09% |
Dividends
| Metric | AES | FLNC |
|---|---|---|
| Dividend yield | 4.77% | N/A |
| Payout ratio | 55.86% | N/A |
Growth (annualized)
| Metric | AES | FLNC |
|---|---|---|
| Revenue CAGR (5Y) | 4.57% | 29.17% |
| EPS CAGR (5Y) | 78.27% | N/A |
| Total return CAGR (5Y) | -5.76% | N/A |
Frequently asked
- Which has grown faster, AES or FLNC?
- Over the past five years, FLNC grew revenue faster — AES at a 4.57% CAGR versus FLNC at 29.17%.
- Does AES or FLNC pay a bigger dividend?
- AES pays a dividend (4.77% yield), while FLNC has no payments in the available dividend history.
- Is AES or FLNC more profitable?
- AES runs the higher net margin — AES at 14.62% versus FLNC at -3.07%.
Go deeper
Dig into the metrics
AES P/E ratioAES dividend yieldAES ROEFluence Energy ROEAES operating marginFluence Energy operating marginAES revenue growthFluence Energy revenue growthAES free cash flowFluence Energy free cash flow
AES & Fluence Energy appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 23, 2026.