Fluence Energy, Inc. (FLNC) vs MGE Energy, Inc. (MGEE)
A side-by-side comparison of Fluence Energy, Inc. and MGE Energy, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
FLNC
Fluence Energy, Inc.
$7.99UtilitiesDelayed quote: Oct 6, 2026, 3:40 PM EDT
MGEE
MGE Energy, Inc.
$70.51UtilitiesDelayed quote: Oct 6, 2026, 3:40 PM EDT
Total return — FLNC vs MGEE
growth of $100 · dividends reinvested · last 5yFLNC -78.1% (-26.2%/yr)MGEE +3.4% (+0.7%/yr)MGEE compounded faster over this window
FLNC MGEE
FLNC vs MGEE: by the numbers
- •MGEE is the larger company ($2.66B vs $1.47B market cap).
- •MGEE is profitable (19.45% net margin) while FLNC runs a net loss (-3.07%).
- •FLNC grew revenue faster over the past five years (29.17% vs 6.16% CAGR).
- •MGEE pays a dividend (2.74% yield), while FLNC has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | FLNC | MGEE |
|---|---|---|
| P/E ratio | N/A | 17.32 |
| Forward P/E | N/A | 17.81 |
| PEG ratio | N/A | 2.33 |
| P/S ratio | 0.56 | 3.46 |
| P/B ratio | 3.95 | 1.85 |
| EV / EBITDA | N/A | 12.47 |
Profitability
| Metric | FLNC | MGEE |
|---|---|---|
| Gross margin | 9.18% | 97.31% |
| Operating margin | -4.05% | 22.02% |
| Net margin | -3.07% | 19.45% |
| ROE | -21.67% | 10.39% |
| ROIC | -12.09% | 4.72% |
Dividends
| Metric | FLNC | MGEE |
|---|---|---|
| Dividend yield | N/A | 2.74% |
| Payout ratio | N/A | 47.50% |
Growth (annualized)
| Metric | FLNC | MGEE |
|---|---|---|
| Revenue CAGR (5Y) | 29.17% | 6.16% |
| EPS CAGR (5Y) | N/A | 7.43% |
| Total return CAGR (5Y) | N/A | 0.75% |
Frequently asked
- Which has grown faster, FLNC or MGEE?
- Over the past five years, FLNC grew revenue faster — FLNC at a 29.17% CAGR versus MGEE at 6.16%.
- Does FLNC or MGEE pay a bigger dividend?
- MGEE pays a dividend (2.74% yield), while FLNC has no payments in the available dividend history.
- Is FLNC or MGEE more profitable?
- MGEE runs the higher net margin — FLNC at -3.07% versus MGEE at 19.45%.
Go deeper
Dig into the metrics
MGE Energy P/E ratioMGE Energy dividend yieldFluence Energy ROEMGE Energy ROEFluence Energy operating marginMGE Energy operating marginFluence Energy revenue growthMGE Energy revenue growthFluence Energy free cash flowMGE Energy free cash flow
Fluence Energy & MGE 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 October 6, 2026.