Which has grown faster, FLNC or NWN?

Over the past five years, FLNC grew revenue faster — FLNC at a 32.16% CAGR versus NWN at 9.83%.

Does FLNC or NWN pay a bigger dividend?

NWN pays a dividend (3.88% yield) while FLNC does not currently pay one.

Is FLNC or NWN more profitable?

NWN runs the higher net margin — FLNC at -1.62% versus NWN at 9.56%.

Fluence Energy, Inc. (FLNC) vs Northwest Natural Holding Company (NWN)

NWN leads on 7 of 10 compared metrics.

A side-by-side comparison of Fluence Energy, Inc. and Northwest Natural Holding Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 29, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Northwest Natural Holding Company

$2.14B

$50.83Utilities

Total return — FLNC vs NWN

growth of $100 · last 5y

FLNC -44.9%NWN +12.1%NWN compounded faster

FLNC NWN

FLNC vs NWN: by the numbers

•FLNC is the larger company ($3.56B vs $2.14B market cap).
•NWN is profitable (9.56% net margin) while FLNC runs a net loss (-1.62%).
•FLNC grew revenue faster over the past five years (32.16% vs 9.83% CAGR).
•NWN pays a dividend (3.88% yield) while FLNC does not currently pay one.

Which is better, FLNC or NWN?

Metric tally: FLNC 3 · NWN 7

It depends on what you're optimizing for:

GrowthFLNC(faster 5Y revenue CAGR)

QualityNWN(higher ROIC)

Metrics side by side

Valuation

Metric	FLNC	NWN
P/E ratio	—	17.07
Forward P/E	88.70	15.74●
P/S ratio	0.98●	1.62
P/B ratio	6.91	1.32●
PEG ratio	—	0.46
EV / EBITDA	—	7.76

Profitability

Metric	FLNC	NWN
Gross margin	11.51%	42.26%●
Operating margin	-1.90%	31.35%●
Net margin	-1.62%	9.56%●
ROE	-11.35%	7.79%●
ROIC	-4.70%	5.17%●

Dividends

Metric	FLNC	NWN
Dividend yield	—	3.88%
Payout ratio	—	71.12%

Growth (annualized)

Metric	FLNC	NWN
Revenue CAGR (5Y)	32.16%●	9.83%
EPS CAGR (5Y)	—	3.61%
FCF CAGR (5Y)	19.46%●	-24.53%
Total return CAGR (5Y)	—	3.48%

Frequently asked

Which is better, FLNC or NWN?: It depends on your goal. growth: FLNC (faster 5Y revenue CAGR); quality: NWN (higher ROIC). Across all compared metrics, NWN leads 7 to 3.
Which has grown faster, FLNC or NWN?: Over the past five years, FLNC grew revenue faster — FLNC at a 32.16% CAGR versus NWN at 9.83%.
Does FLNC or NWN pay a bigger dividend?: NWN pays a dividend (3.88% yield) while FLNC does not currently pay one.
Is FLNC or NWN more profitable?: NWN runs the higher net margin — FLNC at -1.62% versus NWN at 9.56%.

Go deeper

Full FLNC analysis Full NWN analysis Interactive comparison tool

Dig into the metrics

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

Fluence Energy & Northwest Natural appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest Operating Margin Stocks

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 June 29, 2026.