PLUG POWER INC (PLUG) Factsheet
PLUG POWER INC (PLUG) Stock Analysis
Analysis from 10-Q filed 2025-11-10. Data as of Q3 2025.
Overall Grade: F (Concerning)
Grade F (Concerning). ROIC -104.0%. FCF margin -97.5%. D/E 0.0x. Source: 10-Q filed 2025-11-10.
| Metric | Value | Context |
|---|---|---|
| ROIC | -104.0% | Below expectations |
| FCF Margin | -97.5% | Cash flow pressure |
| Debt/Equity | 0.0x | Conservative leverage |
ROIC -104.0% — Top 5% of sector peers. FCF margin -97.5% — Bottom 10%.
Explore PLUG POWER INC: Earnings History | Filings | ROIC Analysis
Programmatic access: Available via MCP at mcp.metricduck.com. Tools for PLUG: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_changes, get_metric_history, compare_companies, screen_filing_signals.
Profitability: PLUG POWER INC earns -104.0% ROIC, Top 5% in Technology
ROIC TTM -104.0%, sector median 4.6%, Top 5%. DuPont: NOPAT margin -296.0% × asset turnover 0.2x. Gross margin -71.3%. Operating margin -296.3%. Source: 10-Q filed 2025-11-10.
| Metric | PLUG | Rating | Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | -104.0% | Red flag | Below sector median of 4.6% |
| Return on Equity (ROE) | -113.2% | Red flag | Moderate equity returns |
| Gross Margin | -71.3% | Warning | Competitive pricing environment |
| Operating Margin | -296.3% | Warning | Moderate operational efficiency |
Cash Flow: PLUG POWER INC generates $-659.2M FCF at -97.5% margin, positive NaN/8 quarters
FCF TTM $-659.2M. FCF margin -97.5%. OCF/Net income 0.2x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2025-11-10.
| Metric | PLUG | Rating | Context |
|---|---|---|---|
| Free Cash Flow Margin | -97.5% | Red flag | Thin cash margins |
| Free Cash Flow (TTM) | $-659.2M | Red flag | Cash burn |
| OCF/Net Income | 0.2x | Warning | Potential accrual concerns |
| FCF Consistency (8Q) | N/A | Warning | Variable cash flow |
Balance Sheet: PLUG POWER INC at 0.0x leverage
Debt/Equity 0.0x. Source: 10-Q filed 2025-11-10.
| Metric | PLUG | Rating | Context |
|---|---|---|---|
| Debt to Equity | 0.0x | Excellent | Conservative capital structure |
Valuation: PLUG POWER INC trades at -1.0x earnings
P/E -1.0x. EV/Sales 2.1x. FCF yield -27.4%. Source: 10-Q filed 2025-11-10.
| Metric | PLUG | Rating | Context |
|---|---|---|---|
| P/E Ratio | -1.0x | Red flag | Reasonable valuation |
| EV/Sales | 2.1x | Good | Attractive revenue multiple |
| FCF Yield | -27.4% | Warning | Lower cash yield |
Capital Allocation: PLUG POWER INC returns 0.0% shareholder yield
Total shareholder yield 0.0%. Capital returned $0 TTM. Source: 10-Q filed 2025-11-10.
| Metric | PLUG | Rating | Context |
|---|---|---|---|
| Total Shareholder Yield | 0.0% | Warning | Dividend + buyback yield combined |
| Total Capital Returned (TTM) | $0 | Adequate | Dividends + buybacks returned to shareholders |
Sector Rankings
| Metric | Value | Percentile | vs Median |
|---|---|---|---|
| Return on Invested Capital (ROIC) | -104.0% | Top 5% | -22.5x below |
| Free Cash Flow Margin | -97.5% | Bottom 10% | -11.4x below |
| Gross Margin | -71.3% | Bottom 10% | -1.4x below |
| Operating Margin | -296.3% | Top 5% | -61.9x below |
| Return on Equity (ROE) | -113.2% | Top 5% | -22.0x below |
Financial Scorecard
| Metric | PLUG | Rating | Sector Context |
|---|---|---|---|
| Return on Invested Capital (ROIC) | -104.0% | Red flag | Top 5% of sector (median: 4.6%) |
| Free Cash Flow Margin | -97.5% | Red flag | Thin cash margins |
| Gross Margin | -71.3% | Red flag | Competitive pricing environment |
| Debt to Equity Ratio | 0.0% | Excellent | Conservative capital structure |
| Free Cash Flow Yield | -27.4% | Red flag | Growth-focused valuation |
Frequently Asked Questions
Q: What is PLUG POWER INC's Return on Invested Capital (ROIC)?
PLUG POWER INC (PLUG) has a trailing twelve-month Return on Invested Capital (ROIC) of -104.0%. Sector median 4.6%. Source: 10-Q filed 2025-11-10.
Q: What is PLUG POWER INC's Free Cash Flow Margin?
PLUG POWER INC (PLUG) has a free cash flow margin of -97.5%, generating $-659.2 million in free cash flow over the trailing twelve months. Source: 10-Q filed 2025-11-10.
Q: What is PLUG POWER INC's P/E ratio and how does it compare to peers?
PLUG POWER INC (PLUG) trades at a P/E ratio of -1.0x, which is above the sector median of N/A. EV/Sales 2.1x. Source: 10-Q filed 2025-11-10.
Q: What is PLUG POWER INC's revenue and earnings growth?
PLUG POWER INC (PLUG) grew revenue by 2.5% year-over-year. EPS -10.2% YoY. Source: 10-Q filed 2025-11-10.
Q: How does PLUG POWER INC compare to competitors in Technology?
Compared to other companies in Technology, PLUG POWER INC (PLUG) shows: ROIC -104.0%, sector median 4.6% (Top 5%). FCF margin -97.5%, sector median 8.5%. Gross margin -71.3%, 122.3pp below sector median. These rankings are based on MetricDuck's analysis of all Technology companies with available SEC filings.
Q: What warning signs should I watch for with PLUG POWER INC?
Quantitative warning flags for PLUG POWER INC (PLUG): 1) FCF margin -97.5% (below 5%); 2) ROIC declining -79.3% over 8 quarters. Source: 10-Q filed 2025-11-10.
Data Source: Data sourced from 10-Q filed 2025-11-10. TTM metrics as of Q3 2025.
Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.
Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.
This analysis is for informational purposes only and does not constitute investment advice.