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Fluence EnergyHAM:98W -2.82% Debt-to-Equity is 1.05 as of Jun. 2026, which is 708% above its 10-year median of 0.13. The stock has 5 warning signs investors should review. Among 398 Utilities - Independent Power Producers companies, Fluence Energy ranks worse than 58.04% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Fluence Energy's Debt-to-Equity or its related term are showing as below:
HAM:98W'
s Debt-to-Equity Range Over the Past 10 Years
Min: -1.78 Med: 0.13 Max: 1.06
Current: 1.05
During the past 7 years, the highest Debt-to-Equity Ratio of Fluence Energy was 1.06. The lowest was -1.78. And the median was 0.13.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Fluence Energy Debt-to-Equity Related Terms
Fluence Energy Debt-to-Equity Historical Data
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The historical data trend for Fluence Energy's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
HAM:98W vs XIFR, NRGV, RNW: Debt-to-Equity Comparison
For the Utilities - Renewable subindustry, Fluence Energy's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Fluence Energy Debt-to-Equity vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Fluence Energy's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Fluence Energy's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Fluence Energy (HAM:98W) has a Debt-to-Equity of 1.05 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Fluence Energy and its competitors. This is 708% above median its historical median of 0.13. According to the industry distribution chart, Fluence Energy ranks #231 out of 398 companies in the Utilities - Independent Power Producers industry, placing it in the top 58%.
Is Fluence Energy's Debt-to-Equity too high?
Fluence Energy's current Debt-to-Equity of 1.05 is 708% above median its 10-year median of 0.13. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. Fluence Energy's value of 1.05 is 25% above this industry median. Based on the distribution chart, Fluence Energy ranks #231 out of 398 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint.
How does Fluence Energy's Debt-to-Equity compare to XIFR and NRGV?
According to the Utilities - Independent Power Producers industry distribution chart, Fluence Energy ranks #231 out of 398 companies for Debt-to-Equity. This places Fluence Energy in the lower half of its industry. The industry median Debt-to-Equity is 0.84. Fluence Energy's value of 1.05 is 25% above this benchmark. While the company's 10-year median is 0.13 vs. the industry median of 0.84, Fluence Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.84, based on 398 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fluence Energy's current Debt-to-Equity of 1.05 is 25% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Fluence Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fluence Energy's current Debt-to-Equity is 1.05, which is 708% above median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fluence Energy stock overvalued right now?
Based on GuruFocus' analysis, Fluence Energy (HAM:98W) is currently considered Possible Value Trap. The stock's GF Value™ is €18.28, compared to a current price of €8.96 — trading 51% below its estimated fair value. The current Debt-to-Equity is 1.05, which is 708% above median its 10-year median of 0.13 and 25% above the Utilities - Independent Power Producers industry median of 0.84. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Fluence Energy (HAM:98W), the current Debt-to-Equity is 1.05 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Fluence Energy Inc provides intelligent energy storage and optimization software for renewables and storage. Its energy storage solutions and operational services support a more resilient grid and help unlock the potential of renewable portfolios. The company's offerings include energy storage solutions, recurring operational and maintenance services, and Software-as-a-Service (SaaS) products designed to meet customer business needs, performance requirements, in-house capabilities, and risk profiles. Its service plans offer varying levels of training, maintenance, guarantees, warranties, and support for active system management. The company operates in the Americas, APAC and EMEA, with the majority of revenue coming from the Americas.
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