Plug Power, Inc.

As of June 30, 2026, Plug Power Inc. carries a market capitalization of 66.21B, placing it among publicly traded companies globally. Its enterprise value stands at 81.60B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Plug Power Inc.'s next confirmed earnings release is scheduled for November 9, 2026.

As of June 30, 2026, Plug Power Inc. has 1.40B shares outstanding.

These figures are as of June 30, 2026. The price-to-sales ratio is 4.86, and the price-to-book ratio stands at 6.51.

These figures are as of June 30, 2026. The EV/Sales ratio of 6.28 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 81.60B versus a market cap of 66.21B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Plug Power Inc. maintains a current ratio of 2.32, meaning it holds 2.3x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 176.57, indicating elevated leverage, while an interest coverage ratio of -17.45 demonstrates limited ability to service its debt obligations.

Over the twelve months ended June 30, 2026, Plug Power Inc. posted a negative return on equity (ROE) of -145.07, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -59.19, reflecting losses generated across the asset base. The company generates approximately 4.74M in revenue per employee across its workforce of 2,742.50, a quick read on workforce productivity versus industry peers. Inventory turnover of 1.55 indicates how many times Plug Power Inc. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2026, Plug Power Inc. recorded 10.34M in income tax expense. The company reported a pretax loss of -29.77B and -28.68B in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

As of the close on October 22, 2026, Plug Power Inc.'s stock has declined approximately 52.81% over the past 52 weeks. The 50-day moving average sits at 34.45, while the 200-day moving average is 42.37.

Over the twelve months ended June 30, 2026, Plug Power Inc. generated 13.00B in revenue and converted that into -28.68B in net income, yielding earnings per share of -22.33. EBITDA reached -21.93B, while operating income came in at -8.78B.

As of June 30, 2026, Plug Power Inc. holds 2.83B in cash and equivalents against 18.12B in total debt, resulting in a net debt position of 11.03B. Total book value stands at 10.16B, with working capital of 11.40B providing operational flexibility.

Plug Power Inc. produced -8.43B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -1.36B in capital expenditures, free cash flow totaled -9.79B - equivalent to -7.35 per share.

Over the twelve months ended June 30, 2026, Plug Power Inc. posted a gross margin of -18.55, reflecting its pricing power and cost economics. The operating margin of -67.50 and net profit margin of -220.59 provide insight into operational efficiency.

These figures cover the twelve months ended June 30, 2026. Free cash flow yield is negative at -15.50: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -8.87, meaning Plug Power Inc. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Plug Power Inc.'s most recent stock split took place on May 20, 2011 with a 10:1 split ratio.

As of June 30, 2026, Plug Power Inc. has an Altman Z-Score of -4.24, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.