Company / Shareholders' Equity
PLUG POWER INC Shareholders' Equity History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shareholders' Equity
$978.1M
FY2025
5-year range
$978.1M / $4.6B
FY2021-FY2025
Trend
-43.6%
vs FY2024
Sector context
#231 of 359
Industrials
What the data says
At $978M, PLUG POWER INC's shareholders' equity ranks #231 of 359 in the Industrials sector. Shareholders' Equity has declined for 4 consecutive years, from $4.6B in FY2021 to $978M in FY2025.
Based on SEC 10-K filings.
$978M in FY2025 with a 5-year CAGR of -7.8%.
Declined from $2.9B to $978M over the past 2 years.
Industrials sector context is included.
Shareholders' Equity over time
Growth rates
- 3-Year CAGR
- -37.8%
- 5-Year CAGR
- -7.8%
- 10-Year CAGR
- -
Sector benchmark
#231 of 359 in IndustrialsTop 64% of 359This company $978.1M Sector average $3.2B
▼
-69.6% below sector average
Key checks
Key Insights
- PLUG POWER INC's shareholders' equity has declined for 4 consecutive years.
- 5-year CAGR of -7.8%, indicating a declining trend.
- In FY2025, shareholders' equity decreased 43.6% year-over-year.
- Ranks #231 out of 359 companies in the Industrials sector.
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 | Shareholders' EquityValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $978.1M | -43.6% |
| FY2024 | $1.7B | -40.2% |
| FY2023 | $2.9B | -28.6% |
| FY2022 | $4.1B | -11.8% |
| FY2021 | $4.6B | +214.0% |
| FY2020 | $1.5B | +1029.2% |
| FY2019 | $129.9M | +52.7% |
| FY2018 | $85.1M | -31.8% |
| FY2017 | $124.7M | -21.2% |
| FY2016 | $158.3M | +985.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026