Company / Return on Equity (ROE)
PLUG POWER INC Return on Equity (ROE) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
-166.8%
FY2025
5-year range
-166.8% / -10.0%
FY2021-FY2025
Trend
-37.4%
vs FY2024
Sector context
#330 of 332
Industrials
What the data says
PLUG POWER INC reports negative total equity of -166.8% in FY2025. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
-166.8% in FY2025 with a 5-year CAGR of -126.2%.
Declined from -47.2% to -166.8% over the past 2 years.
Industrials sector context is included.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- -149.0pp
- 5-Year Change
- -126.2pp
- 10-Year Change
- -
Sector benchmark
Bottom 1% in IndustrialsTop 99% of 332This company -166.8% Sector average 9.7%
▼
-1815.6% below sector average
Key checks
Key Insights
- PLUG POWER INC's return on equity (roe) has declined for 4 consecutive years.
- In FY2025, return on equity (roe) decreased 37.4% year-over-year.
- Currently 176.5pp below the Industrials sector average.
- Peak return on equity (roe) was recorded in FY2021.
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 | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | -166.8% | -37.4% |
| FY2024 | -121.4% | -157.0% |
| FY2023 | -47.2% | -164.9% |
| FY2022 | -17.8% | -78.5% |
| FY2021 | -10.0% | +75.4% |
| FY2020 | -40.6% | +37.0% |
| FY2019 | -64.5% | +4.6% |
| FY2018 | -67.6% | -51.3% |
| FY2017 | -44.6% | +20.1% |
| FY2016 | -55.9% | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026