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. In the quarter to June 2026, revenue grew 2.49%, EPS grew 30.0%, free cash flow grew 56.9% and total debt rose 52.6%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
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Plug Power, Inc. (PLUG) EV/Sales
As of 16 October 2026, Plug Power, Inc. (PLUG) trades at a EV/Sales of 3.2×. Over the past ten years it has ranged from −2,771× (June 2021) to 696× (November 2021); the current reading is higher than 32% of that period. That is above the Electrical Equipment & Parts industry median of 2.4× and above the Industrials sector median of 1.9×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 3.4× | 9.32% |
| FY2024 | 3.1× | (6.81%) |
| FY2023 | 3.3× | (55.79%) |
| FY2022 | 7.6× | (69.23%) |
| FY2021 | 24.6× | — |
| FY2020 | −119× | — |
| FY2019 | 4.0× | 43.42% |
| FY2018 | 2.8× | (52.34%) |
| FY2017 | 5.9× | 111.91% |
| FY2016 | 2.8× | (10.77%) |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 5.7× | 21.41% |
| Mar 2026 | 4.7× | 38.39% |
| Dec 2025 | 3.4× | (20.38%) |
| Sep 2025 | 4.3× | 53.76% |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| ATKR Atkore Inc. compare | 1.2× |
| TE T1 Energy Inc compare | 1.3× |
| ENR Energizer Holdings, Inc. compare | 1.5× |
| PLPC Preformed Line Products Company compare | 2.2× |
| FCEL FuelCell Energy, Inc. compare | 2.6× |
| HAYW Hayward Holdings, Inc. compare | 2.6× |
| PLUG Plug Power, Inc. | 3.2× |
| EOSE Eos Energy Enterprises, Inc. compare | 4.2× |
| AMPX Amprius Technologies, Inc. compare | 9.4× |
| Electrical Equipment & Parts industry median | 2.4× |
| Industrials sector median | 1.9× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((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)) ÷ Revenue (TTM)