Fluence Energy, Inc. (FLNC) vs SOLV Energy, Inc. Class A Common Stock (MWH)
A side-by-side comparison of Fluence Energy, Inc. and SOLV Energy, Inc. Class A Common Stock 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.
$8.03UtilitiesDelayed quote: Oct 6, 2026, 4:00 PM EDT
MWH
SOLV Energy, Inc. Class A Common Stock
$26.52UtilitiesDelayed quote: Oct 6, 2026, 4:00 PM EDT
Total return — FLNC vs MWH
growth of $100 · dividends reinvested · last 1yFLNC -56.4% (-56.4%/yr)MWH -18.8% (-18.8%/yr)MWH compounded faster over this window
FLNC MWH
FLNC vs MWH: by the numbers
- •MWH is the larger company ($3.25B vs $1.48B market cap).
- •MWH is profitable (2.75% net margin) while FLNC runs a net loss (-3.07%).
Metrics side by side
Valuation
| Metric | FLNC | MWH |
|---|---|---|
| P/E ratio | N/A | 110.50 |
| P/S ratio | 0.56 | 1.02 |
| P/B ratio | 3.97 | 6.55 |
| EV / EBITDA | N/A | 10.36 |
| FCF yield | N/A | 8.98% |
Profitability
| Metric | FLNC | MWH |
|---|---|---|
| Gross margin | 9.18% | 15.82% |
| Operating margin | -4.05% | 6.00% |
| Net margin | -3.07% | 2.75% |
| ROE | -21.67% | 17.59% |
| ROIC | -12.09% | 13.49% |
Growth (annualized)
| Metric | FLNC | MWH |
|---|---|---|
| Revenue CAGR (5Y) | 29.17% | N/A |
Frequently asked
- Is FLNC or MWH more profitable?
- MWH runs the higher net margin — FLNC at -3.07% versus MWH at 2.75%.
Go deeper
Dig into the metrics
SOLV Energy, Inc. Class A Common Stock P/E ratioFluence Energy ROESOLV Energy, Inc. Class A Common Stock ROEFluence Energy operating marginSOLV Energy, Inc. Class A Common Stock operating marginFluence Energy revenue growthSOLV Energy, Inc. Class A Common Stock revenue growthFluence Energy free cash flowSOLV Energy, Inc. Class A Common Stock free cash flow
Fluence Energy & SOLV Energy, Inc. Class A Common Stock 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.