Which has grown faster, BKH or FLNC?

Over the past five years, FLNC grew revenue faster — BKH at a 4.57% CAGR versus FLNC at 29.17%.

Does BKH or FLNC pay a bigger dividend?

BKH pays a dividend (3.91% yield), while FLNC has no payments in the available dividend history.

Is BKH or FLNC more profitable?

BKH runs the higher net margin — BKH at 13.00% versus FLNC at -3.07%.

Black Hills Corporation (BKH) vs Fluence Energy, Inc. (FLNC)

A side-by-side comparison of Black Hills Corporation and Fluence Energy, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

BKH

Black Hills Corporation

$5.46B

$71.77UtilitiesDelayed quote: Sep 22, 2026, 4:00 PM EDT

FLNC

Fluence Energy, Inc.

$1.34B

$7.27UtilitiesDelayed quote: Sep 22, 2026, 4:00 PM EDT

Total return — BKH vs FLNC

growth of $100 · dividends reinvested · last 5y

BKH +35.3% (+6.2%/yr)FLNC -71.6% (-22.3%/yr)BKH compounded faster over this window

BKH FLNC

BKH vs FLNC: by the numbers

•BKH is the larger company ($5.46B vs $1.34B market cap).
•BKH is profitable (13.00% 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).
•BKH pays a dividend (3.91% yield), while FLNC has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	BKH	FLNC
P/E ratio	18.12	N/A
Forward P/E	16.52	N/A
P/S ratio	2.38	0.51
P/B ratio	1.39	3.59
EV / EBITDA	11.77	N/A

Profitability

Metric	BKH	FLNC
Gross margin	42.92%	9.18%
Operating margin	23.79%	-4.05%
Net margin	13.00%	-3.07%
ROE	7.58%	-21.67%
ROIC	4.73%	-12.09%

Dividends

Metric	BKH	FLNC
Dividend yield	3.91%	N/A
Payout ratio	70.33%	N/A

Growth (annualized)

Metric	BKH	FLNC
Revenue CAGR (5Y)	4.57%	29.17%
EPS CAGR (5Y)	1.80%	N/A
FCF CAGR (5Y)	20.20%	N/A
Total return CAGR (5Y)	5.34%	N/A

Frequently asked

Which has grown faster, BKH or FLNC?: Over the past five years, FLNC grew revenue faster — BKH at a 4.57% CAGR versus FLNC at 29.17%.
Does BKH or FLNC pay a bigger dividend?: BKH pays a dividend (3.91% yield), while FLNC has no payments in the available dividend history.
Is BKH or FLNC more profitable?: BKH runs the higher net margin — BKH at 13.00% versus FLNC at -3.07%.

Go deeper

Full BKH analysis Full FLNC analysis Interactive comparison tool

Dig into the metrics

Black Hills P/E ratio Black Hills dividend yield Black Hills ROE Fluence Energy ROE Black Hills operating margin Fluence Energy operating margin Black Hills revenue growth Fluence Energy revenue growth Black Hills free cash flow Fluence Energy free cash flow

Black Hills & Fluence Energy appear in these rankings

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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 September 13, 2026.