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Side-by-side financial comparison of Fluence Energy, Inc. (FLNC) and Ryman Hospitality Properties, Inc. (RHP). Click either name above to swap in a different company.

Ryman Hospitality Properties, Inc. is the larger business by last-quarter revenue ($737.8M vs $475.2M, roughly 1.6× Fluence Energy, Inc.). Ryman Hospitality Properties, Inc. runs the higher net margin — 10.1% vs -9.5%, a 19.6% gap on every dollar of revenue. On growth, Fluence Energy, Inc. posted the faster year-over-year revenue change (154.4% vs 13.9%). Ryman Hospitality Properties, Inc. produced more free cash flow last quarter ($58.5M vs $-232.6M). Over the past eight quarters, Ryman Hospitality Properties, Inc.'s revenue compounded faster (18.2% CAGR vs -12.7%).

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;...

Ryman Hospitality Properties, Inc. is a hotel, resort, entertainment, and media company named for one of its assets: the Ryman Auditorium, a National Historic Landmark in Nashville, Tennessee. The company's legal lineage can be traced back to its time as a subsidiary of Edward Gaylord's Oklahoma Publishing Company; however, the backbone of the modern entity was formed with the company's acquisition of WSM, Inc. in 1983. This purchase resulted in the ownership of the Grand Ole Opry and associa...

FLNC vs RHP — Head-to-Head

Bigger by revenue
RHP
RHP
1.6× larger
RHP
$737.8M
$475.2M
FLNC
Growing faster (revenue YoY)
FLNC
FLNC
+140.5% gap
FLNC
154.4%
13.9%
RHP
Higher net margin
RHP
RHP
19.6% more per $
RHP
10.1%
-9.5%
FLNC
More free cash flow
RHP
RHP
$291.2M more FCF
RHP
$58.5M
$-232.6M
FLNC
Faster 2-yr revenue CAGR
RHP
RHP
Annualised
RHP
18.2%
-12.7%
FLNC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FLNC
FLNC
RHP
RHP
Revenue
$475.2M
$737.8M
Net Profit
$-45.1M
$74.5M
Gross Margin
4.9%
41.4%
Operating Margin
-14.8%
19.4%
Net Margin
-9.5%
10.1%
Revenue YoY
154.4%
13.9%
Net Profit YoY
-8.7%
3.0%
EPS (diluted)
$-0.34
$1.12

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
FLNC
FLNC
RHP
RHP
Q4 25
$475.2M
$737.8M
Q3 25
$1.0B
$592.5M
Q2 25
$602.5M
$659.5M
Q1 25
$431.6M
$587.3M
Q4 24
$186.8M
$647.6M
Q3 24
$1.2B
$550.0M
Q2 24
$483.3M
$613.3M
Q1 24
$623.1M
$528.3M
Net Profit
FLNC
FLNC
RHP
RHP
Q4 25
$-45.1M
$74.5M
Q3 25
$17.9M
$34.9M
Q2 25
$6.3M
$71.8M
Q1 25
$-31.0M
$63.0M
Q4 24
$-41.5M
$72.3M
Q3 24
$47.8M
$59.0M
Q2 24
$785.0K
$100.8M
Q1 24
$-9.2M
$42.8M
Gross Margin
FLNC
FLNC
RHP
RHP
Q4 25
4.9%
41.4%
Q3 25
13.7%
40.9%
Q2 25
14.8%
49.7%
Q1 25
9.9%
44.4%
Q4 24
11.4%
40.4%
Q3 24
12.8%
43.1%
Q2 24
17.2%
48.4%
Q1 24
10.3%
41.5%
Operating Margin
FLNC
FLNC
RHP
RHP
Q4 25
-14.8%
19.4%
Q3 25
4.4%
15.0%
Q2 25
1.9%
21.1%
Q1 25
-10.2%
19.8%
Q4 24
-31.4%
18.6%
Q3 24
6.2%
19.3%
Q2 24
1.1%
27.4%
Q1 24
-2.3%
18.2%
Net Margin
FLNC
FLNC
RHP
RHP
Q4 25
-9.5%
10.1%
Q3 25
1.7%
5.9%
Q2 25
1.0%
10.9%
Q1 25
-7.2%
10.7%
Q4 24
-22.2%
11.2%
Q3 24
3.9%
10.7%
Q2 24
0.2%
16.4%
Q1 24
-1.5%
8.1%
EPS (diluted)
FLNC
FLNC
RHP
RHP
Q4 25
$-0.34
$1.12
Q3 25
$0.18
$0.53
Q2 25
$0.01
$1.12
Q1 25
$-0.24
$1.00
Q4 24
$-0.32
$1.12
Q3 24
$0.34
$0.94
Q2 24
$0.00
$1.65
Q1 24
$-0.07
$0.67

Balance Sheet & Financial Strength

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

Metric
FLNC
FLNC
RHP
RHP
Cash + ST InvestmentsLiquidity on hand
$452.6M
$471.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$388.0M
$750.2M
Total Assets
$2.3B
$6.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLNC
FLNC
RHP
RHP
Q4 25
$452.6M
$471.4M
Q3 25
$690.8M
$483.3M
Q2 25
$436.3M
$420.6M
Q1 25
$568.6M
$413.9M
Q4 24
$607.4M
$477.7M
Q3 24
$448.7M
$534.9M
Q2 24
$388.2M
$498.4M
Q1 24
$411.8M
$465.3M
Stockholders' Equity
FLNC
FLNC
RHP
RHP
Q4 25
$388.0M
$750.2M
Q3 25
$429.6M
$758.5M
Q2 25
$407.4M
$800.4M
Q1 25
$388.2M
$531.5M
Q4 24
$409.4M
$549.0M
Q3 24
$472.1M
$551.9M
Q2 24
$421.2M
$562.6M
Q1 24
$413.1M
$529.9M
Total Assets
FLNC
FLNC
RHP
RHP
Q4 25
$2.3B
$6.2B
Q3 25
$2.4B
$6.2B
Q2 25
$2.1B
$6.1B
Q1 25
$2.3B
$5.2B
Q4 24
$2.2B
$5.2B
Q3 24
$1.9B
$5.2B
Q2 24
$1.7B
$5.1B
Q1 24
$1.5B
$5.1B

Cash Flow & Capital Efficiency

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

Metric
FLNC
FLNC
RHP
RHP
Operating Cash FlowLast quarter
$-226.8M
$164.7M
Free Cash FlowOCF − Capex
$-232.6M
$58.5M
FCF MarginFCF / Revenue
-48.9%
7.9%
Capex IntensityCapex / Revenue
1.2%
14.4%
Cash ConversionOCF / Net Profit
2.21×
TTM Free Cash FlowTrailing 4 quarters
$-179.7M
$232.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLNC
FLNC
RHP
RHP
Q4 25
$-226.8M
$164.7M
Q3 25
$265.7M
$205.2M
Q2 25
$-153.9M
$122.5M
Q1 25
$-46.2M
$98.2M
Q4 24
$-211.2M
$166.6M
Q3 24
$10.5M
$218.1M
Q2 24
$-21.1M
$184.3M
Q1 24
$70.9M
$7.5M
Free Cash Flow
FLNC
FLNC
RHP
RHP
Q4 25
$-232.6M
$58.5M
Q3 25
$260.9M
$135.4M
Q2 25
$-157.4M
$53.0M
Q1 25
$-50.5M
$-14.5M
Q4 24
$-213.3M
$76.0M
Q3 24
$7.3M
$85.7M
Q2 24
$-23.5M
$78.8M
Q1 24
$69.9M
$-72.0M
FCF Margin
FLNC
FLNC
RHP
RHP
Q4 25
-48.9%
7.9%
Q3 25
25.0%
22.9%
Q2 25
-26.1%
8.0%
Q1 25
-11.7%
-2.5%
Q4 24
-114.2%
11.7%
Q3 24
0.6%
15.6%
Q2 24
-4.9%
12.9%
Q1 24
11.2%
-13.6%
Capex Intensity
FLNC
FLNC
RHP
RHP
Q4 25
1.2%
14.4%
Q3 25
0.5%
11.8%
Q2 25
0.6%
10.5%
Q1 25
1.0%
19.2%
Q4 24
1.1%
14.0%
Q3 24
0.3%
24.1%
Q2 24
0.5%
17.2%
Q1 24
0.2%
15.0%
Cash Conversion
FLNC
FLNC
RHP
RHP
Q4 25
2.21×
Q3 25
14.81×
5.88×
Q2 25
-24.61×
1.71×
Q1 25
1.56×
Q4 24
2.30×
Q3 24
0.22×
3.70×
Q2 24
-26.87×
1.83×
Q1 24
0.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLNC
FLNC

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

RHP
RHP

Hotel Other$157.7M21%
Gaylord Opryland$147.4M20%
Hotel Transient Rooms$93.6M13%
Hotel Food And Beverage Outlets$92.2M12%
Gaylord Palms$88.2M12%
Jw Marriott Hill Country$53.7M7%
Entertainment Admissions And Ticketing$43.1M6%
Entertainment Food And Beverage$38.1M5%
Entertainment Retail And Other$28.3M4%
Ac Hotel$2.4M0%

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