Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
1.350
-0.110 (-7.53%)
At close: Nov 5, 2026, 4:00 PM EST
1.340
-0.010 (-0.73%)
After-hours: Nov 5, 2026, 7:59 PM EST
Plug Power Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 5, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
| 1,886 | 3,778 | 3,150 | 2,704 | 2,757 | 1,678 | 1,312 | 1,941 | 1,988 | 1,730 | 2,354 | 2,725 | 4,575 | 6,240 | 6,955 | 7,211 | 12,171 | 9,579 | 16,533 | 16,271 | 14,669 | |
Market Cap Growth (YoY) | -40.61% | 125.15% | 140.16% | 39.34% | 38.68% | -3.02% | -44.27% | -28.77% | -56.55% | -72.27% | -66.15% | -62.21% | -62.41% | -34.86% | -57.93% | -55.68% | -17.03% | -50.70% | -21.07% | 5.78% | 183.55% |
Enterprise Value | 2,751 | 4,579 | 3,794 | 3,612 | 3,691 | 2,444 | 2,258 | 2,776 | 2,842 | 2,507 | 3,188 | 3,130 | 4,461 | 5,518 | 5,695 | 5,409 | 9,887 | 6,955 | 13,473 | 12,728 | 10,851 |
Last Close Price | 1.46 | 2.71 | 2.26 | 1.97 | 2.33 | 1.49 | 1.35 | 2.13 | 2.26 | 2.33 | 3.44 | 4.50 | 7.60 | 10.39 | 11.72 | 12.37 | 21.01 | 16.57 | 28.61 | 28.23 | 25.54 |
Price Ratios
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 5, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
PS Ratio | 2.54 | 5.08 | 4.26 | 3.81 | 4.08 | 2.49 | 2.04 | 3.09 | 3.01 | 2.53 | 2.94 | 3.06 | 5.14 | 7.09 | 9.02 | 10.28 | 18.94 | 16.02 | 28.94 | 32.39 | 468.09 |
PB Ratio | 3.51 | 6.43 | 4.07 | 2.70 | 1.84 | 0.95 | 0.68 | 1.07 | 0.66 | 0.58 | 0.80 | 0.94 | 1.30 | 1.67 | 1.77 | 1.78 | 2.88 | 2.21 | 3.69 | 3.53 | 3.12 |
P/TBV Ratio | 3.41 | 6.81 | 4.37 | 2.85 | 2.06 | 1.05 | 0.74 | 1.18 | 0.70 | 0.62 | 0.86 | 1.01 | 1.49 | 1.90 | 2.01 | 2.00 | 3.21 | 2.46 | 4.10 | 3.85 | 3.19 |
EV Ratios
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 5, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
EV/Sales Ratio | 3.71 | 6.15 | 5.13 | 5.09 | 5.46 | 3.63 | 3.52 | 4.41 | 4.31 | 3.66 | 3.98 | 3.51 | 5.01 | 6.27 | 7.39 | 7.71 | 15.39 | 11.63 | 23.59 | 25.34 | 346.27 |
Financial Efficiency
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 5, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Debt / Equity Ratio | 1.77 | 1.77 | 1.31 | 0.99 | 0.66 | 0.56 | 0.51 | 0.60 | 0.31 | 0.31 | 0.32 | 0.33 | 0.28 | 0.26 | 0.24 | 0.22 | 0.21 | 0.19 | 0.18 | 0.18 | 0.16 |
Net Debt / Equity Ratio | 1.47 | 1.47 | 1.00 | 0.62 | 0.55 | 0.48 | 0.36 | 0.48 | 0.28 | 0.29 | 0.27 | 0.29 | 0.12 | -0.03 | -0.18 | -0.31 | -0.43 | -0.53 | -0.59 | -0.66 | -0.75 |
Net Debt / EBITDA Ratio | -1.69 | -1.69 | -1.26 | -0.92 | -0.89 | -0.97 | -0.73 | -0.85 | -0.84 | -0.81 | -0.75 | -0.85 | -0.49 | 0.16 | 1.09 | 2.08 | 3.03 | 4.29 | 5.47 | 7.79 | 5.23 |
Net Debt / FCF Ratio | -1.54 | -1.54 | -1.16 | -0.93 | -1.22 | -1.04 | -0.73 | -0.82 | -0.63 | -0.58 | -0.48 | -0.46 | -0.22 | 0.07 | 0.50 | 0.98 | 1.89 | 2.71 | 3.67 | 5.56 | 7.38 |
Asset Turnover | 0.27 | 0.27 | 0.25 | 0.23 | 0.17 | 0.17 | 0.15 | 0.15 | 0.13 | 0.13 | 0.15 | 0.17 | 0.16 | 0.16 | 0.14 | 0.12 | 0.11 | 0.10 | 0.10 | 0.12 | 0.01 |
Inventory Turnover | 1.63 | 1.55 | 1.49 | 1.77 | 2.01 | 1.43 | 1.16 | 2.12 | 1.17 | 1.08 | 1.09 | 1.67 | 1.22 | 1.58 | 1.54 | 1.95 | 1.94 | 1.92 | 2.31 | 3.10 | 3.05 |
Quick Ratio | 0.82 | 0.82 | 0.90 | 1.01 | 0.40 | 0.45 | 0.68 | 0.65 | 0.52 | 0.48 | 0.50 | 0.52 | 0.91 | 1.69 | 2.76 | 3.70 | 4.75 | 7.50 | 9.89 | 9.52 | 16.37 |
Current Ratio | 2.32 | 2.32 | 2.36 | 2.31 | 1.32 | 1.59 | 1.95 | 1.97 | 2.08 | 2.07 | 1.94 | 1.85 | 2.41 | 3.16 | 4.39 | 5.20 | 6.09 | 9.10 | 11.44 | 10.58 | 17.74 |
Return on Equity (ROE) | -144.96% | -144.96% | -128.79% | -120.50% | -93.85% | -83.00% | -82.52% | -89.46% | -43.18% | -44.12% | -42.57% | -39.34% | -24.57% | -20.73% | -18.44% | -16.71% | -15.53% | -13.73% | -11.83% | -15.15% | -28.22% |
Return on Assets (ROA) | -12.22% | -12.22% | -13.57% | -14.52% | -15.65% | -14.52% | -15.13% | -16.41% | -13.30% | -13.79% | -13.29% | -12.38% | -9.83% | -8.59% | -7.87% | -7.02% | -6.86% | -6.15% | -5.45% | -6.34% | -12.07% |
Return on Capital Employed (ROCE) | -31.90% | -31.90% | -35.70% | -36.30% | -44.50% | -37.50% | -36.10% | -39.10% | -27.50% | -28.80% | -28.40% | -26.80% | -19.70% | -16.40% | -14.50% | -12.80% | -12.10% | -10.70% | -9.30% | -7.50% | -12.80% |
Yields
Fiscal Quarter | Current | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Nov '26 Nov 5, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Earnings Yield | -91.86% | -43.45% | -53.34% | -60.33% | -76.94% | -117.42% | -152.89% | -108.44% | -71.01% | -85.77% | -61.94% | -50.24% | -20.76% | -13.42% | -11.13% | -10.04% | -5.70% | -6.57% | -3.36% | -2.83% | -5.12% |
FCF Yield | -29.61% | -14.84% | -21.20% | -24.46% | -24.47% | -48.83% | -72.28% | -54.76% | -66.44% | -84.76% | -68.49% | -66.16% | -39.43% | -26.89% | -20.91% | -17.93% | -7.85% | -8.78% | -4.33% | -3.38% | -3.27% |
Buyback Yield / Dilution | -38.03% | -23.48% | -46.94% | -49.95% | -34.96% | -52.90% | -47.49% | -50.03% | -43.20% | -23.21% | -8.83% | -2.98% | -3.71% | -3.46% | -1.96% | -1.28% | -0.61% | -1.94% | -12.54% | -35.61% | -54.85% |