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    Electrical Equipment & Parts
Plug Power Inc.

Plug Power Inc.

PLUN.F
Plug Power Inc.undefined flagFrankfurt Stock Exchange
2.30
EUR
+0.00
- -
2.64BMarket Cap
Plug Power Inc.
PLUN.F
(Frankfurt Stock Exchange)

Recent

price

2.30

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.48
1.47
0.76
0.35
0.4
0.59
0.46
0.46
0.8
0.97
-0.26
0.9
1.21
1.5
0.8
0.62
0.6
Revenue per Share
-3.58
-1.46
-0.93
-0.82
-0.56
-0.32
-0.32
-0.6
-0.39
-0.36
-1.68
-0.82
-1.25
-2.3
-2.68
-1.42
-1.37
Basic EPS, GAAP
-3.36
-1.84
-0.59
-0.35
-0.26
-0.29
-0.49
-0.48
-0.36
-0.29
-0.58
-0.99
-2.23
-3.03
-1.35
-0.58
-0.55
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-55.32
-40.18
-22.87
-11.1
-5.88
-5.63
-5.81
-5.44
-5.75
-5.88
-4.11
-4.28
-5.37
-7.53
-8.39
-7.16
-6.9
Book Value per Share
2.52
1.15
0.28
-0.3
0.98
0.63
0.35
0.28
-0.19
0.52
1.34
7.57
6.22
4.55
2.19
0.85
0.61
Tangible Book Value per Share
13
19
34
76
159
176
181
216
219
237
355
558
580
595
785
1,147
1,225
Basic Weighted Avg Shares
19
28
26
27
64
103
83
100
174
230
-93
502
701
891
629
710
740
Sales/Revenue/Turnover
-260.6
-115.11
-140.46
-108.89
-59.06
-57.12
-62.21
-101.64
-43.88
-20.7
618.44
-82.8
-93.79
-117.13
-171.47
-95.73
-82.65
Operating Margin (%)
7
4
4
4
4
3
5
10
13
13
16
23
52
71
85
45
38
Depreciation Expense
-47
-27
-32
-63
-88
-56
-57
-127
-86
-84
-596
-460
-724
-1,369
-2,105
-1,632
-1,680
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-241.15
-99.38
-122.04
-235.59
-137.77
-53.92
-69.41
-126.89
-49.14
-36.41
639.4
-91.56
-103.22
-153.57
-334.71
-229.83
-227.13
Profit Margin (%)
24
22
7
11
167
89
44
4
9
207
526
4,028
2,670
822
729
800
734
Working Capital
- -
- -
1
3
2
15
51
50
181
437
443
717
778
809
852
836
868
LT Debt
43
29
15
-18
158
125
85
74
3
235
586
4,606
4,060
2,898
1,808
1,003
774
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
429
161
143
LT Borrowings
333
624
678
LT Finance Leases
229
212
190
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,201
1,393
1,395
Market Capitalization
2,515
2,113
2,731

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,191
1,410
1,275
Cash, Cash Equivalents & STI
166
369
223
Accounts Receivable, Net
124
135
107
Inventories
555
521
516
Total Current Liabilities
903
611
541
Payables & Accruals
285
297
257
ST Debt
429
161
143
Deferred Revenue
88
67
69

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
911.72%
112.6%
-44.5%
Free Cash Flow
51.95%
52.62%
-37.77%
Net Income, GAAP
85.63%
30.98%
-22.48%
Sales/Revenue/Turnover
-62.21%
-117.73%
12.9%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
120
143
174
191
629
2025
134
174
177
225
710
2026
164
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.46
-0.36
-0.25
- -
-2.68
2025
-0.21
-0.2
-0.31
- -
-1.42
2026
-0.18
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Plug Power Inc. specializes in developing and manufacturing hydrogen fuel cell systems and green hydrogen solutions across multiple sectors including material handling, e-mobility, power generation, and industrial applications. Its core product portfolio includes GenDrive hydrogen fuel cell systems for electric lift trucks; GenFuel hydrogen fueling infrastructure; GenCare service and maintenance programs; electrolyzers including PEM and alkaline types; and fuel cell stacks and complete systems for diverse sectors. The company designs, produces, and commercializes integrated hydrogen solutions covering production, storage, delivery, and energy generation to support customers' decarbonization and operational goals globally, with operations in North America, Europe, and Asia. Founded in 1997 and headquartered in Latham, New York, Plug Power has expanded into a fully integrated green hydrogen ecosystem leader. Recently, Plug Power has focused on strategic growth and margin improvements through operational optimization, including workforce streamlining and facility consolidation. It has strengthened its green hydrogen network with multiple ongoing projects, including scaling electrolyzer capacity with a target of three gigawatts by 2025 and expanding its hydrogen production plants aiming for commercial operation by 2028. Key partnerships include collaborations with Carreras Grupo Logistico for powered logistics sites and a joint venture with Idrola to increase electrolyzer deployment in Spain. The company completed an innovative 8 MW hydrogen fuel cell system in California for emergency power during wildfires and secured a $10 million Department of Energy grant to advance hydrogen refueling infrastructure in Washington State. Additionally, Plug Power announced a $2.8 million liquid hydrogen supply contract with NASA for operations in Ohio, underscoring its growing hydrogen supply capabilities. Financially, it anticipates 2024 revenues between $700 million and $800 million while continuing to improve cash flow and reduce operational costs under its "Project Quantum Leap" strategic initiative. Plug Power also raised $399 million in new financing to strengthen its balance sheet and advance its business plan.