Company / Capital Expenditures
PLUG POWER INC Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$111.2M
FY2025
5-year range
$111.2M / $665.2M
FY2021-FY2025
Trend
-61.3%
vs FY2024
Sector context
#134 of 336
Industrials
What the data says
At $111M, PLUG POWER INC's capital expenditures ranks #134 of 336 in the Industrials sector. Capital Expenditures has fluctuated over the past 10 years, ranging from $1M in FY2016 to $665M in FY2023.
Based on SEC 10-K filings.
$111M in FY2025 with a 5-year CAGR of +37.6%.
Declined from $665M to $111M over the past 2 years.
Industrials sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- -36.6%
- 5-Year CAGR
- +37.6%
- 10-Year CAGR
- -
Sector benchmark
#134 of 336 in IndustrialsTop 40% of 336This company $111.2M Sector average $298.9M
▼
-62.8% below sector average
Key checks
Key Insights
- 5-year CAGR of +37.6%, indicating consistent growth.
- In FY2025, capital expenditures decreased 61.3% year-over-year.
- Ranks #134 out of 336 companies in the Industrials sector.
- Peak capital expenditures was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score -3.69 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $111.2M | -61.3% |
| FY2024 | $287.1M | -56.8% |
| FY2023 | $665.2M | +52.4% |
| FY2022 | $436.6M | +153.6% |
| FY2021 | $172.2M | +664.3% |
| FY2020 | $22.5M | +296.4% |
| FY2019 | $5.7M | +107.2% |
| FY2018 | $2.7M | -22.1% |
| FY2017 | $3.5M | +149.1% |
| FY2016 | $1.4M | +1173.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026