Plug Power PLUG Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | -34.9%+64.5pp | -99.4%-42.4pp | -57%-29.3pp | -27.7%+6.4pp | |
| Operating margin | -206.7%+115pp | -321.2%-170pp | -150.7%-53.9pp | -96.9%-9.8pp | |
| Net margin | -229.8%+105pp | -334.7%-181pp | -153.6%-50.4pp | -103.2%-11.7pp | |
| Returns | |||||
| Return on equity | -120.3%-29.4pp | -90.9%-51.5pp | -39.3%-22.6pp | -16.7%-1.6pp | |
| Return on invested capital | -104.7%-24.8pp | -79.9%-41.0pp | -38.9%-16.7pp | -22.2%+10.5pp | |
| Efficiency | |||||
| Asset turnover | 0.2×+0.1× | 0.1×0.0× | 0.2×0.0× | 0.1×0.0× | |
| Liquidity | |||||
| Current ratio | 2.3×+0.3× | 2×+0.1× | 1.9×-3.4× | 5.2×-5.4× | |
| Leverage | |||||
| Debt-to-equity | 0.3×+0.1× | 0.2×+0.1× | 0.1×0.0× | 0.1×0.0× | |
| Per Share | |||||
| Book value per share | $0.85-61.4% | $2.21-54.6% | $4.87-30.5% | $7.00-15.1% | |
| Valuation | |||||
| Market capitalization | $2.74B+41.3% | $1.94B-28.8% | $2.73B-62.2% | $7.21B-55.8% | |
| Price / sales | 3.9×+0.8× | 3.1×0.0× | 3.1×-7.2× | 10.3×-22.2× | |
| Price / book | 2.8×+1.7× | 1.1×+0.2× | 0.9×-0.8× | 1.8×-1.8× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Plug Power's profit margins?
- Plug Power (PLUG) runs a -26.4% gross margin and a -189.0% operating margin, with a -227.1% net margin.
- Where do Plug Power's ratios come from?
- Every ratio is computed from Plug Power's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
