Plug Power, Inc.
PLUG Industrials Electrical Equipment & Parts
Plug Power, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $709.9 million, up 12.9% from fiscal 2024.
- Revenue
- +2.49%
- EPS
- +30.0%
- Free cash flow
- +56.9%
- Total debt
- +52.6%
Quarter to June 2026, against a year earlier
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Plug Power, Inc. (PLUG) EV/FCF
As of 5 November 2026, Plug Power, Inc. (PLUG) trades at a EV/FCF of −4.6×. Over the past ten years it has ranged from −139× (January 2021) to −0.9× (May 2025); the current reading is higher than 75% of that period.
EV/FCF, daily
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Annual newest first
| Period | EV/FCF | Change |
|---|---|---|
| FY2025 | −3.7× | — |
| FY2024 | −1.9× | — |
| FY2023 | −1.7× | — |
| FY2022 | −4.2× | — |
| FY2021 | −23.2× | — |
| FY2020 | −61.5× | — |
| FY2019 | −15.0× | — |
| FY2018 | −7.6× | — |
| FY2017 | −9.2× | — |
| FY2016 | −7.1× | — |
Quarterly newest first
| Period | EV/FCF | Change |
|---|---|---|
| Jun 2026 | −8.2× | — |
| Mar 2026 | −5.4× | — |
| Dec 2025 | −3.7× | — |
| Sep 2025 | −4.4× | — |
| 42 more quarters | Free account |
Against its own ten years
EV/FCF against peers
| Company | EV/FCF |
|---|---|
| AMPX Amprius Technologies, Inc. compare | −17.4× |
| TE T1 Energy Inc compare | −6.8× |
| PLUG Plug Power, Inc. | −4.6× |
| FCEL FuelCell Energy, Inc. compare | −1.0× |
| POWL Powell Industries, Inc. compare | 16.3× |
| HAYW Hayward Holdings, Inc. compare | 24.6× |
| ENR Energizer Holdings, Inc. compare | 31.7× |
| PLPC Preformed Line Products Company compare | 33.9× |
| FOIL Londian Wason New Energy Tech Inc. - Sponsored ADR compare | — |
What EV/FCF is
EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))
More on PLUG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- The full statement