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Plug Power Inc. PLUG R2K

Industrials · Electrical Equipment & Parts · United States
https://www.plugpower.com
Company Profile ↓
$2.27
+44.59% 1Y
Mkt Cap$3.17B
P/E-1.63
P/B5.13
52W High$4.14
52W Low$1.40
Book Value$0.54
EPS (TTM)$-1.39

Company Overview

Plug Power Inc. designs, develops, and sells hydrogen products and solutions in Europe, Australia, North America, and internationally. The company offers GenDrive, a hydrogen fueled PEM fuel cell system, which powers material handling EVs, including Class 1, 2, 3 and 6 electric forklifts, automated guided vehicles, and ground support equipment; GenFuel, a liquid hydrogen fueling, delivery, generation, storage, and dispensing system; and GenCare, an Internet of Things based maintenance and on-site service program. It also provides GenKey, a turn-key solution; GenEco electrolyzers for clean hydrogen production; liquefaction systems; cryogenic equipment, such as trailers and mobile storage equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen, and other cryogenic gases; GenSure, a stationary fuel cell solution; and liquid hydrogen. The company serves customers in material handling operations, fuel cell electric vehicle fleets, and stationary power applications through its direct sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is based in Slingerlands, New York.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 28.8% CAGR over the past five years.

Recent Developments

  • Dec 2025 Revenue of $709.92M (+12.9% YoY); net profit $-1.63B.
  • Trailing 12 Months Year-on-year growth — revenue +22.3%.
  • 5-Year Trend Long-term compounding — revenue CAGR 28.8%.

Growth & Price Performance

Compounded Sales Growth

5 Years:28.85%
1 Year:22.30%

Stock Price Performance

1 Year:+44.59%
6 Months:+3.65%
3 Months:-18.05%
1 Month:-19.79%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 32% of range
$1.40 $4.14
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)32.21 · Neutral
Price Performance
1M-19.79%
3M-18.05%
6M+3.65%
1Y+44.59%

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 28.8% over 5 years.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Trading 45.2% below its 52-week high.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
-1.63
Industry PE
30.17
Forward P/E
-13.82
PEG Ratio
0.84
Book Value
$0.54
Price to Book
5.13
P/S
5.20
EV/EBITDA
-7.57
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
28.85%
Profit 5Y
-
Revenue (YoY)
22.30%
Earnings (YoY)
-

Profitability & Returns

ROCE
-73.96%
ROE
-128.79%
ROA
-13.57%
Profit Margin
-
Op Margin
-63.56%
Gross Margin
-31.24%
EPS (Latest Qtr)
$-0.18
EPS (TTM)
$-1.39

Balance Sheet & Liquidity

Debt/Equity
1.31
Quick Ratio
0.90
Current Ratio
2.36
Debt
$1.01B
Total Assets
$2.37B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
4.54%
Chg in Prom Hold
0.03%
FII / Inst Holding
69.21%
Chg in FII Hold
0.29%

Financial Snapshot

Enterprise Value
$3.17B
Total Revenue (TTM)
$739.76M
EBITDA
$-613.99M
Free Cash Flow
$-407.41M
Operating Cash Flow
$-580.31M
Shares Outstanding
1.40B
Gross Margin
-31.24%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 PLUG Plug Power Inc. R2K 2.27 -1.63 $3.17B 0.00% -73.96% -128.79% 28.85% -
2 CAT Caterpillar Inc. SPX 933.34 46.39 $429.89B 0.72% 17.98% 51.33% 2.29% 5.24%
3 GE GE Aerospace SPX 353.73 43.94 $369.06B 0.56% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 1,066.01 31.13 $286.46B 0.21% 6.30% 75.71% 8.68% -
5 RTX RTX Corporation SPX 193.39 36.35 $260.44B 1.51% 8.28% 11.57% 2.61% 2.62%
6 UNP Union Pacific Corporation SPX 288.30 23.71 $171.17B 2.02% 15.22% 40.69% 2.30% 7.77%
7 BA The Boeing Company SPX 217.11 86.15 $171.15B 0.00% -9.01% - 1.67% -3.28%
8 ETN Eaton Corporation plc SPXAI 415.52 40.66 $161.35B 1.12% 11.53% 20.84% 4.73% 10.38%
9 DE Deere & Company SPX 584.40 33.07 $157.85B 1.12% - 18.35% 3.43% 5.10%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2015Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026
Revenue 9.42M24.01M31.43M-15.33M20.46M17.56M32.58M15.23M20.78M34.59M33.66M26.42M35.23M53.16M-21.58M57.53M59.46M91.61M40.82M68.00M107.05M-71.96M124.56M143.92M140.80M151.27M188.63M210.29M260.18M198.71M120.26M143.35M173.73M133.67M173.97M177.06M163.51M
Gross Profit -2.11M1.56M76.00K-9.42M170.00K384.00K381.00K3.01M-4.48M-3.54M-19.41M-657.00K-3.98M-2.31M4.41M4.51M-7.74M6.14M4.50M7.75M-9.70M-15.00K-28.58M-431.11M-12.17M-40.30M-31.08M-35.35M-32.47M-46.06M-69.40M-78.14M-137.97M-159.07M-131.25M-100.03M-73.86M-53.47M-120.17M-21.61M
Operating Income -12.76M-9.87M-12.26M-24.12M-12.95M-13.38M-13.26M-11.94M-19.62M-28.07M-36.38M-17.72M-20.94M-22.98M-12.64M-12.92M-19.97M-11.08M-9.46M-7.11M-25.59M-26.53M-54.31M-477.77M-48.28M-89.64M-98.66M-139.16M-146.91M-159.75M-209.80M-233.84M-273.97M-259.41M-244.67M-216.17M-178.46M-176.95M-348.79M-109.49M
Net Income -11.05M-9.23M-10.21M--11.75M-13.13M-13.39M--24.04M-42.62M-40.98M--19.84M-25.87M-15.56M--30.55M-17.34M-17.82M-18.04M-37.43M-9.40M-65.22M--60.75M-99.63M-106.67M-156.49M-173.30M-170.76M-206.56M-236.40M-283.48M-295.78M-262.33M-211.17M-196.66M-227.10M-361.87M-245.30M
Diluted EPS --0.05-----------------------0.12-0.18-0.19-0.27-0.30-0.30-0.35-0.40-0.47-0.46-0.36-0.25-0.21-0.20-0.31-0.18
R&D Expense 2.90M3.42M4.13M-4.83M5.20M5.00M-6.00M6.62M7.44M-8.65M8.43M8.40M-3.01M3.61M3.56M4.88M4.77M4.87M7.39M-9.74M11.25M16.63M20.46M23.56M28.11M26.54M29.25M27.65M25.28M18.94M19.71M17.36M12.19M16.12M12.11M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 12.29M19.47M27.63M26.11M26.60M64.23M103.29M82.82M100.15M174.22M229.97M-93.24M502.34M701.44M891.34M628.81M709.92M
Gross Profit -----11.25M-4.86M-9.89M3.95M-28.09M-26.00M10.65M-469.42M-171.31M-194.36M-507.79M-624.89M-242.04M
Operating Income -41.27M-47.53M-31.13M-36.67M-28.96M-37.93M-59.00M-51.52M-101.79M-76.44M-47.61M-584.20M-437.32M-679.55M-1.34B-2.02B-1.47B
Net Income -40.71M-46.96M-27.45M-31.86M-62.67M-88.49M-55.69M-57.49M-127.08M-85.61M-83.74M-596.15M-459.96M-724.01M-1.37B-2.10B-1.63B
Diluted EPS -----------0.36-1.68-0.82-1.25-2.30-2.68-1.42
R&D Expense 16.32M12.90M5.66M5.43M3.12M6.47M14.95M21.18M28.69M12.75M15.06M27.85M64.76M99.58M113.75M77.23M57.96M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --59.18M55.66M39.46M35.36M204.15M209.46M240.83M270.81M390.33M360.81M397.18M470.30M659.51M631.36M898.72M1.36B2.25B5.95B5.76B4.90B3.60B2.59B
Total Equity 125.86M88.27M42.91M29.04M15.03M-17.87M158.28M124.74M85.09M70.23M-3.59M-7.08M-15.79M-19.23M129.90M104.39M234.56M586.26M1.47B4.61B4.06B2.90B1.73B978.07M
Cash & Equivalents 80.84M14.58M10.96M13.86M9.38M5.03M146.21M63.96M46.01M24.83M38.60M39.34M19.84M43.27M139.50M74.34M152.49M448.14M1.31B2.48B690.63M135.03M205.69M368.54M
Long Term Debt --------20.83M13.37M133.00K---------9.00M3.90M--
Total Liabilities --16.26M26.62M24.43M50.86M44.72M83.57M146.12M196.46M355.97M336.25M381.34M463.07M528.46M526.26M664.16M769.83M784.36M1.34B1.70B2.00B1.80B1.59B
Current Liabilities --15.02M17.04M17.04M10.87M25.71M42.71M66.48M115.72M146.37M84.54M93.06M112.81M133.96M133.57M187.57M252.21M222.37M420.55M635.27M964.80M748.49M610.59M

Cash Flows (Annual)

Figures in USD.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow ---33.31M-20.16M-26.88M-40.78M-47.27M-29.64M-60.18M-58.35M-53.32M-155.48M-358.18M-828.62M-1.11B-728.64M-535.84M
Investing Cash Flow --10.32M-13.92K3.21M-965.00K-2.02M-58.08M-44.36M-19.57M-14.24M-95.33M-1.74B-679.37M728.05M-402.36M-139.01M
Financing Cash Flow --25.93M15.70M19.37M182.92M-32.92M76.67M71.62M120.08M326.97M1.52B3.60B-77.46M6.12M983.17M629.95M
Capital Expenditure -532.96K-1.10M1.33M-77.53K-111.00K-1.41M-3.52M-2.74M-4.09M-5.14M-5.68M-22.53M-172.17M-436.61M-665.21M-287.10M-111.16M
Free Cash Flow ---31.98M-20.24M-26.99M-42.19M-50.79M-32.38M-64.27M-63.49M-59.01M-178.00M-530.34M-1.27B-1.77B-1.02B-647.00M
Share Buybacks 534.42K441.51K158.49K--6.10M603.00K247.00K182.00K---------

Ratios (Annual)

Figures in %.

Metric Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -----42.3%-7.6%-9.6%4.8%-28.0%-14.9%4.6%503.5%-34.1%-27.7%-57.0%-99.4%-34.1%
Operating Margin % -335.7%-244.1%-112.7%-140.5%-108.9%-59.1%-57.1%-62.2%-101.6%-43.9%-20.7%626.6%-87.1%-96.9%-150.7%-321.2%-206.7%
Net Margin % -331.2%-241.2%-99.4%-122.0%-235.6%-137.8%-53.9%-69.4%-126.9%-49.1%-36.4%639.4%-91.6%-103.2%-153.6%-334.7%-229.8%
ROE % -46.1%-109.4%-94.6%-212.0%350.7%-55.9%-44.6%-67.6%-181.0%2,386.0%-64.5%-40.6%-10.0%-17.8%-47.2%-121.4%-166.8%
ROCE % --107.6%-80.6%-163.6%-118.3%-21.3%-35.4%-29.5%-65.6%-31.3%-9.1%-28.8%-7.9%-13.2%-34.1%-70.8%-74.0%

Shareholding Pattern

Insiders
4.54%
Institutions
69.21%
Public Float
72.50%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 10.90% 152.09M $412.17M
2 Vanguard Capital Management LLC 4.48% 62.55M $169.51M
3 Vanguard Portfolio Management LLC 4.27% 59.60M $161.53M
4 Shaw D.E. & Co., Inc. 3.51% 48.96M $132.68M
5 UBS Group AG 2.98% 41.59M $112.72M
6 State Street Corporation 2.62% 36.55M $99.05M
7 Geode Capital Management, LLC 2.49% 34.71M $94.06M
8 Renaissance Technologies, LLC 1.99% 27.74M $75.17M
9 Two Sigma Investments, LP 1.96% 27.40M $74.24M
10 Dimensional Fund Advisors LP 1.30% 18.13M $49.15M

Analyst View

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Latest News

Recent headlines for PLUG

Google News hu, 25 Jun 2026

Where Will Plug Power Stock Be in 10 Years? - Yahoo Finance

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Google News Mon, 13 Jul 2026

Plug Power(PLUG) Stock Options Chain | Quotes & News - Moomoo

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Google News ue, 30 Jun 2026

What’s Driving Plug Power Stock Higher Tuesday? - Benzinga

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Google News Fri, 10 Jul 2026

Why Plug Power (PLUG) Stock Is Nosediving - TradingView

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Google News ue, 07 Jul 2026

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PLUG — Frequently Asked Questions

What is the current share price of Plug Power Inc. (PLUG)?

As of 2026-07-14 21:23 PDT, Plug Power Inc. (PLUG) trades at $2.27 on NasdaqCM. Its 52-week range is $1.40 to $4.14.

What is the market capitalisation of PLUG?

Plug Power Inc. (PLUG) has a market capitalisation of $3.17B on NasdaqCM.

What is the P/E ratio of PLUG?

PLUG trades at a trailing price-to-earnings (P/E) ratio of -1.63. The industry average P/E is 30.17. Its price-to-book (P/B) ratio is 5.13.

What is the return on equity (ROE) of PLUG?

PLUG has a return on equity (ROE) of -128.79%. Its return on capital employed (ROCE) is -73.96%.

Is PLUG a good stock to buy?

This page provides a data-driven analysis of Plug Power Inc. (PLUG), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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