Company / FCF Margin
PLUG POWER INC FCF Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest FCF Margin
-91.1%
FY2025
5-year range
-198.8% / -91.1%
FY2021-FY2025
Trend
+43.6%
vs FY2024
Sector context
#300 of 314
Industrials
What the data says
Among 314 Industrials companies, PLUG POWER INC is in the bottom 4% for fcf margin. Improved from -198.8% to -91.1% over the past 2 years.
Based on SEC 10-K filings.
-91.1% in FY2025 with a 5-year CAGR of -282.1%.
Improved from -198.8% to -91.1% over the past 2 years.
Industrials sector context is included.
FCF Margin over time
Growth rates
- 3-Year Change
- +89.2pp
- 5-Year Change
- -282.1pp
- 10-Year Change
- -
Sector benchmark
Bottom 4% in IndustrialsTop 96% of 314This company -91.1% Sector average -578.0%
▼
+84.2% above sector average
Key checks
Key Insights
- In FY2025, fcf margin increased 43.6% year-over-year.
- Currently 486.9pp above the Industrials sector average.
- Peak fcf margin was recorded in FY2020.
- Lowest fcf margin in the period was 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 | FCF MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -91.1% | +43.6% |
| FY2024 | -161.5% | +18.7% |
| FY2023 | -198.8% | -10.2% |
| FY2022 | -180.4% | -70.9% |
| FY2021 | -105.6% | -155.3% |
| FY2020 | 190.9% | +844.0% |
| FY2019 | -25.7% | +34.4% |
| FY2018 | -39.1% | +20.5% |
| FY2017 | -49.2% | +25.1% |
| FY2016 | -65.7% | +35.3% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026