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Side-by-side financial comparison of EAGLE MATERIALS INC (EXP) and Fluence Energy, Inc. (FLNC). Click either name above to swap in a different company.

EAGLE MATERIALS INC is the larger business by last-quarter revenue ($556.0M vs $475.2M, roughly 1.2× Fluence Energy, Inc.). EAGLE MATERIALS INC runs the higher net margin — 18.5% vs -9.5%, a 28.0% gap on every dollar of revenue. On growth, Fluence Energy, Inc. posted the faster year-over-year revenue change (154.4% vs -0.4%). EAGLE MATERIALS INC produced more free cash flow last quarter ($60.8M vs $-232.6M). Over the past eight quarters, EAGLE MATERIALS INC's revenue compounded faster (8.0% CAGR vs -12.7%).

Eagle Materials Inc. is an American producer of building materials based in Dallas, Texas. The company produces cement, concrete, construction aggregate, gypsum, wallboard, paperboard, and sand for hydraulic fracturing.

Progress Energy was a power generation and distribution company. Prior to its merger with Duke Energy, it was a Fortune 500 energy company with more than 21,000 megawatts of generation capacity and $9 billion in annual revenues. Headquartered in Raleigh, North Carolina, Progress Energy includes two major electric utilities that serve approximately 3.1 million customers in the Carolinas and Florida. As an independent company, the last chairman and CEO of Progress Energy was William D. Johnson;...

EXP vs FLNC — Head-to-Head

Bigger by revenue
EXP
EXP
1.2× larger
EXP
$556.0M
$475.2M
FLNC
Growing faster (revenue YoY)
FLNC
FLNC
+154.8% gap
FLNC
154.4%
-0.4%
EXP
Higher net margin
EXP
EXP
28.0% more per $
EXP
18.5%
-9.5%
FLNC
More free cash flow
EXP
EXP
$293.4M more FCF
EXP
$60.8M
$-232.6M
FLNC
Faster 2-yr revenue CAGR
EXP
EXP
Annualised
EXP
8.0%
-12.7%
FLNC

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
EXP
EXP
FLNC
FLNC
Revenue
$556.0M
$475.2M
Net Profit
$102.9M
$-45.1M
Gross Margin
28.9%
4.9%
Operating Margin
-14.8%
Net Margin
18.5%
-9.5%
Revenue YoY
-0.4%
154.4%
Net Profit YoY
-13.9%
-8.7%
EPS (diluted)
$3.22
$-0.34

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EXP
EXP
FLNC
FLNC
Q4 25
$556.0M
$475.2M
Q3 25
$638.9M
$1.0B
Q2 25
$634.7M
$602.5M
Q1 25
$470.2M
$431.6M
Q4 24
$558.0M
$186.8M
Q3 24
$623.6M
$1.2B
Q2 24
$608.7M
$483.3M
Q1 24
$476.7M
$623.1M
Net Profit
EXP
EXP
FLNC
FLNC
Q4 25
$102.9M
$-45.1M
Q3 25
$137.4M
$17.9M
Q2 25
$123.4M
$6.3M
Q1 25
$66.5M
$-31.0M
Q4 24
$119.6M
$-41.5M
Q3 24
$143.5M
$47.8M
Q2 24
$133.8M
$785.0K
Q1 24
$77.1M
$-9.2M
Gross Margin
EXP
EXP
FLNC
FLNC
Q4 25
28.9%
4.9%
Q3 25
31.3%
13.7%
Q2 25
29.2%
14.8%
Q1 25
22.2%
9.9%
Q4 24
31.9%
11.4%
Q3 24
32.7%
12.8%
Q2 24
30.7%
17.2%
Q1 24
25.1%
10.3%
Operating Margin
EXP
EXP
FLNC
FLNC
Q4 25
-14.8%
Q3 25
4.4%
Q2 25
1.9%
Q1 25
-10.2%
Q4 24
32.8%
-31.4%
Q3 24
34.2%
6.2%
Q2 24
32.0%
1.1%
Q1 24
26.9%
-2.3%
Net Margin
EXP
EXP
FLNC
FLNC
Q4 25
18.5%
-9.5%
Q3 25
21.5%
1.7%
Q2 25
19.4%
1.0%
Q1 25
14.1%
-7.2%
Q4 24
21.4%
-22.2%
Q3 24
23.0%
3.9%
Q2 24
22.0%
0.2%
Q1 24
16.2%
-1.5%
EPS (diluted)
EXP
EXP
FLNC
FLNC
Q4 25
$3.22
$-0.34
Q3 25
$4.23
$0.18
Q2 25
$3.76
$0.01
Q1 25
$2.01
$-0.24
Q4 24
$3.56
$-0.32
Q3 24
$4.26
$0.34
Q2 24
$3.94
$0.00
Q1 24
$2.23
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EXP
EXP
FLNC
FLNC
Cash + ST InvestmentsLiquidity on hand
$419.0M
$452.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$388.0M
Total Assets
$3.8B
$2.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXP
EXP
FLNC
FLNC
Q4 25
$419.0M
$452.6M
Q3 25
$35.0M
$690.8M
Q2 25
$59.7M
$436.3M
Q1 25
$20.4M
$568.6M
Q4 24
$31.2M
$607.4M
Q3 24
$93.9M
$448.7M
Q2 24
$46.5M
$388.2M
Q1 24
$34.9M
$411.8M
Total Debt
EXP
EXP
FLNC
FLNC
Q4 25
Q3 25
Q2 25
Q1 25
$1.2B
Q4 24
Q3 24
Q2 24
Q1 24
$1.1B
Stockholders' Equity
EXP
EXP
FLNC
FLNC
Q4 25
$1.5B
$388.0M
Q3 25
$1.5B
$429.6M
Q2 25
$1.5B
$407.4M
Q1 25
$1.5B
$388.2M
Q4 24
$1.5B
$409.4M
Q3 24
$1.4B
$472.1M
Q2 24
$1.4B
$421.2M
Q1 24
$1.3B
$413.1M
Total Assets
EXP
EXP
FLNC
FLNC
Q4 25
$3.8B
$2.3B
Q3 25
$3.4B
$2.4B
Q2 25
$3.4B
$2.1B
Q1 25
$3.3B
$2.3B
Q4 24
$3.0B
$2.2B
Q3 24
$3.1B
$1.9B
Q2 24
$3.0B
$1.7B
Q1 24
$2.9B
$1.5B
Debt / Equity
EXP
EXP
FLNC
FLNC
Q4 25
Q3 25
Q2 25
Q1 25
0.86×
Q4 24
Q3 24
Q2 24
Q1 24
0.84×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EXP
EXP
FLNC
FLNC
Operating Cash FlowLast quarter
$170.8M
$-226.8M
Free Cash FlowOCF − Capex
$60.8M
$-232.6M
FCF MarginFCF / Revenue
10.9%
-48.9%
Capex IntensityCapex / Revenue
19.8%
1.2%
Cash ConversionOCF / Net Profit
1.66×
TTM Free Cash FlowTrailing 4 quarters
$231.8M
$-179.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXP
EXP
FLNC
FLNC
Q4 25
$170.8M
$-226.8M
Q3 25
$204.6M
$265.7M
Q2 25
$136.6M
$-153.9M
Q1 25
$62.8M
$-46.2M
Q4 24
$119.9M
$-211.2M
Q3 24
$233.3M
$10.5M
Q2 24
$132.6M
$-21.1M
Q1 24
$63.4M
$70.9M
Free Cash Flow
EXP
EXP
FLNC
FLNC
Q4 25
$60.8M
$-232.6M
Q3 25
$96.1M
$260.9M
Q2 25
$60.5M
$-157.4M
Q1 25
$14.5M
$-50.5M
Q4 24
$72.5M
$-213.3M
Q3 24
$166.8M
$7.3M
Q2 24
$99.5M
$-23.5M
Q1 24
$30.9M
$69.9M
FCF Margin
EXP
EXP
FLNC
FLNC
Q4 25
10.9%
-48.9%
Q3 25
15.0%
25.0%
Q2 25
9.5%
-26.1%
Q1 25
3.1%
-11.7%
Q4 24
13.0%
-114.2%
Q3 24
26.7%
0.6%
Q2 24
16.3%
-4.9%
Q1 24
6.5%
11.2%
Capex Intensity
EXP
EXP
FLNC
FLNC
Q4 25
19.8%
1.2%
Q3 25
17.0%
0.5%
Q2 25
12.0%
0.6%
Q1 25
10.3%
1.0%
Q4 24
8.5%
1.1%
Q3 24
10.7%
0.3%
Q2 24
5.4%
0.5%
Q1 24
6.8%
0.2%
Cash Conversion
EXP
EXP
FLNC
FLNC
Q4 25
1.66×
Q3 25
1.49×
14.81×
Q2 25
1.11×
-24.61×
Q1 25
0.94×
Q4 24
1.00×
Q3 24
1.63×
0.22×
Q2 24
0.99×
-26.87×
Q1 24
0.82×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EXP
EXP

External Customers$283.5M51%
Gypsum Wallboard$175.9M32%
Recycled Paperboard$47.8M9%
Corporate Joint Venture$29.4M5%
Other$11.8M2%
Western Pennsylvania Acquisition$7.6M1%

FLNC
FLNC

Products$450.9M95%
Services$22.5M5%
Digital Applications And Solutions$1.9M0%

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